Skill content in Malaysia's manufacturing trade: Keesing Approach / Mohamed Sharif Bashir and Zakariah A. Rashid

This paper examines Malaysia's resource allocation in production and trade activities. It employs the Keesing Approach of the Heckscher-Ohlin (HO) Theory in analysing the country's skill content of exports and imports. This paper utilises annual data covering 31 manufacturing industries fo...

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Format: Article
Language:English
Published: Faculty of Business and Management ; UiTM Press 2005
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Online Access:https://ir.uitm.edu.my/id/eprint/16750/1/AJ_MOHAMED%20SHARIF%20BASHIR%20JIBE%2005.pdf
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collection UITM
description This paper examines Malaysia's resource allocation in production and trade activities. It employs the Keesing Approach of the Heckscher-Ohlin (HO) Theory in analysing the country's skill content of exports and imports. This paper utilises annual data covering 31 manufacturing industries for 1978, 1987 and 1996. The analysis is based on the sectoral skill coefficients, which represents the employment proportions on skill classes in each industry to measure the direct skill requirements for producing trade flows. The results confirm that the general skills of Malaysia s workforce still remain at a low level. In addition, the level of employment of high-skilled labour (managerial, professional, technical and supervisory categories) grows rapidly while that of low-skilled labour (semi-skilled and unskilled worker categories) remains stagnant since the 1990s. However the growth rate of high-skilled labour is considered low as compared to its prerequisites. There is certainly a need to upgrade the country's skill position, especially in the area of high-skill category. As a result, Malaysia must therefore switch from its current position of low-skilled labour to labour of a higher skill level than its overseas counterparts if it wants to maintain its comparative advantage in its trade flows.
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spelling oai:ir.uitm.edu.my:167502018-01-15T13:33:56Z https://ir.uitm.edu.my/id/eprint/16750/ Skill content in Malaysia's manufacturing trade: Keesing Approach / Mohamed Sharif Bashir and Zakariah A. Rashid jibe Special industries and trades This paper examines Malaysia's resource allocation in production and trade activities. It employs the Keesing Approach of the Heckscher-Ohlin (HO) Theory in analysing the country's skill content of exports and imports. This paper utilises annual data covering 31 manufacturing industries for 1978, 1987 and 1996. The analysis is based on the sectoral skill coefficients, which represents the employment proportions on skill classes in each industry to measure the direct skill requirements for producing trade flows. The results confirm that the general skills of Malaysia s workforce still remain at a low level. In addition, the level of employment of high-skilled labour (managerial, professional, technical and supervisory categories) grows rapidly while that of low-skilled labour (semi-skilled and unskilled worker categories) remains stagnant since the 1990s. However the growth rate of high-skilled labour is considered low as compared to its prerequisites. There is certainly a need to upgrade the country's skill position, especially in the area of high-skill category. As a result, Malaysia must therefore switch from its current position of low-skilled labour to labour of a higher skill level than its overseas counterparts if it wants to maintain its comparative advantage in its trade flows. Faculty of Business and Management ; UiTM Press 2005 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/16750/1/AJ_MOHAMED%20SHARIF%20BASHIR%20JIBE%2005.pdf Skill content in Malaysia's manufacturing trade: Keesing Approach / Mohamed Sharif Bashir and Zakariah A. Rashid. (2005) Journal of International Business, Economics and Entrepreneurship (JIBE) <https://ir.uitm.edu.my/view/publication/Journal_of_International_Business,_Economics_and_Entrepreneurship_=28JIBE=29/>, 2 (2). pp. 83-105. ISSN 0128-7494 https://jibe.uitm.edu.my/
spellingShingle Special industries and trades
Skill content in Malaysia's manufacturing trade: Keesing Approach / Mohamed Sharif Bashir and Zakariah A. Rashid
title Skill content in Malaysia's manufacturing trade: Keesing Approach / Mohamed Sharif Bashir and Zakariah A. Rashid
title_full Skill content in Malaysia's manufacturing trade: Keesing Approach / Mohamed Sharif Bashir and Zakariah A. Rashid
title_fullStr Skill content in Malaysia's manufacturing trade: Keesing Approach / Mohamed Sharif Bashir and Zakariah A. Rashid
title_full_unstemmed Skill content in Malaysia's manufacturing trade: Keesing Approach / Mohamed Sharif Bashir and Zakariah A. Rashid
title_short Skill content in Malaysia's manufacturing trade: Keesing Approach / Mohamed Sharif Bashir and Zakariah A. Rashid
title_sort skill content in malaysia s manufacturing trade keesing approach mohamed sharif bashir and zakariah a rashid
topic Special industries and trades
url https://ir.uitm.edu.my/id/eprint/16750/1/AJ_MOHAMED%20SHARIF%20BASHIR%20JIBE%2005.pdf