| Project/Area Number |
22530297
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Economic policy
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| Research Institution | Institute of Developing Economies, Japan External Trade Organization |
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Principal Investigator |
KODAMA Masahiro 日本貿易振興機構アジア経済研究所, 開発研究センター, 研究員 (20450512)
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| Project Period (FY) |
2010 – 2012
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| Project Status |
Completed (Fiscal Year 2012)
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| Budget Amount *help |
¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
Fiscal Year 2012: ¥130,000 (Direct Cost: ¥100,000、Indirect Cost: ¥30,000)
Fiscal Year 2011: ¥390,000 (Direct Cost: ¥300,000、Indirect Cost: ¥90,000)
Fiscal Year 2010: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
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| Keywords | 経済発展 / 生産性 / 生産関数 / マレーシア / 開発途上国 / 生産関数推定 / 企業 / 技術進歩 |
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| Research Abstract |
One of the most important economic issues that Malaysia now faces is the problem of how to sustain economic growth. In particular, high labor wages are considered to be a major negative factor for economic growth sustainability. The Malaysian economy grew quickly by taking advantage of low-wage labor. Given the current state of high wages in comparison with less developed countries in Asia, the sustainability of growth is a major concern; FDI companies have moved out of Malaysia to avoid high production costs. From the viewpoint of productivity and production costs, I analyze whether Malaysia is competitive in comparison with less developed countries in Asia.
The econometric analysis suggests that the advantage of electronic and electrical companies in Malaysia is, in the viewpoint of labor, decreasing, when comparing those in 2001 and 2009. This result implies leading industry's competitiveness of Malaysia is becoming weak. Furthermore, the empirical analysis cannot reject the possibility that Malaysia is caught in the so-called Middle Income Trap.
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