Impact of globalization on labour productivity in the Malaysian construction sector

Rahmah Ismail, Ferayuliani Yuliyusman

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

The sector has contributed significantly to the economic growth and employment in Malaysia. In the present era of globalization and liberalization, the growth of the construction sector should be more robust in line with the flexibility in the policies regarding the possession of properties in Malaysia and the increasing global demand. This article aims to analyze the impact of globalization on labor productivity in the construction sector using 1990-2009 panel data collected from the Department of Statistics Malaysia. The construction sector is divided into four sub-sectors, namely, residential building, non-residential building, installation of building and civil engineering. Indicators of globalization such as foreign direct investment (FDI), economic openness and foreign labor are used as part of the independent variable in the analysis. Estimation results show FDI and economic openness are statistically significant in influencing the labor productivity in the construction sector, but the ratio of foreign labor to total employment in the construction sector is not significant.

Original languageEnglish
Pages (from-to)3235-3242
Number of pages8
JournalLife Science Journal
Volume9
Issue number4
Publication statusPublished - 25 Dec 2012

Fingerprint

Internationality
Malaysia
Productivity
Personnel
Economics
Economic Development
Civil engineering
Growth
Statistics

Keywords

  • Construction sector
  • Economic openness
  • Foreign direct investment
  • Globalization
  • Labor productivity

ASJC Scopus subject areas

  • Biochemistry, Genetics and Molecular Biology(all)

Cite this

Impact of globalization on labour productivity in the Malaysian construction sector. / Ismail, Rahmah; Yuliyusman, Ferayuliani.

In: Life Science Journal, Vol. 9, No. 4, 25.12.2012, p. 3235-3242.

Research output: Contribution to journalArticle

Ismail, Rahmah ; Yuliyusman, Ferayuliani. / Impact of globalization on labour productivity in the Malaysian construction sector. In: Life Science Journal. 2012 ; Vol. 9, No. 4. pp. 3235-3242.
@article{0b75f3ea8bf647ae8ebba5db31756cdb,
title = "Impact of globalization on labour productivity in the Malaysian construction sector",
abstract = "The sector has contributed significantly to the economic growth and employment in Malaysia. In the present era of globalization and liberalization, the growth of the construction sector should be more robust in line with the flexibility in the policies regarding the possession of properties in Malaysia and the increasing global demand. This article aims to analyze the impact of globalization on labor productivity in the construction sector using 1990-2009 panel data collected from the Department of Statistics Malaysia. The construction sector is divided into four sub-sectors, namely, residential building, non-residential building, installation of building and civil engineering. Indicators of globalization such as foreign direct investment (FDI), economic openness and foreign labor are used as part of the independent variable in the analysis. Estimation results show FDI and economic openness are statistically significant in influencing the labor productivity in the construction sector, but the ratio of foreign labor to total employment in the construction sector is not significant.",
keywords = "Construction sector, Economic openness, Foreign direct investment, Globalization, Labor productivity",
author = "Rahmah Ismail and Ferayuliani Yuliyusman",
year = "2012",
month = "12",
day = "25",
language = "English",
volume = "9",
pages = "3235--3242",
journal = "Life Science Journal",
issn = "1097-8135",
publisher = "Zhengzhou University",
number = "4",

}

TY - JOUR

T1 - Impact of globalization on labour productivity in the Malaysian construction sector

AU - Ismail, Rahmah

AU - Yuliyusman, Ferayuliani

PY - 2012/12/25

Y1 - 2012/12/25

N2 - The sector has contributed significantly to the economic growth and employment in Malaysia. In the present era of globalization and liberalization, the growth of the construction sector should be more robust in line with the flexibility in the policies regarding the possession of properties in Malaysia and the increasing global demand. This article aims to analyze the impact of globalization on labor productivity in the construction sector using 1990-2009 panel data collected from the Department of Statistics Malaysia. The construction sector is divided into four sub-sectors, namely, residential building, non-residential building, installation of building and civil engineering. Indicators of globalization such as foreign direct investment (FDI), economic openness and foreign labor are used as part of the independent variable in the analysis. Estimation results show FDI and economic openness are statistically significant in influencing the labor productivity in the construction sector, but the ratio of foreign labor to total employment in the construction sector is not significant.

AB - The sector has contributed significantly to the economic growth and employment in Malaysia. In the present era of globalization and liberalization, the growth of the construction sector should be more robust in line with the flexibility in the policies regarding the possession of properties in Malaysia and the increasing global demand. This article aims to analyze the impact of globalization on labor productivity in the construction sector using 1990-2009 panel data collected from the Department of Statistics Malaysia. The construction sector is divided into four sub-sectors, namely, residential building, non-residential building, installation of building and civil engineering. Indicators of globalization such as foreign direct investment (FDI), economic openness and foreign labor are used as part of the independent variable in the analysis. Estimation results show FDI and economic openness are statistically significant in influencing the labor productivity in the construction sector, but the ratio of foreign labor to total employment in the construction sector is not significant.

KW - Construction sector

KW - Economic openness

KW - Foreign direct investment

KW - Globalization

KW - Labor productivity

UR - http://www.scopus.com/inward/record.url?scp=84877067370&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=84877067370&partnerID=8YFLogxK

M3 - Article

VL - 9

SP - 3235

EP - 3242

JO - Life Science Journal

JF - Life Science Journal

SN - 1097-8135

IS - 4

ER -