Manpower requirements of Malaysian manufacturing sector under the third industrial master plan

Bee Tin Poo, Zakariah Abdul Rashid, Mohd Khairul Hisyam Hassan

    Research output: Contribution to journalArticle

    1 Citation (Scopus)

    Abstract

    Malaysia's competitive position is being challenged by emerging economies such as the People's Republic of China, India, Central European countries and Latin America. To enhance its competitiveness, the nation needs to increase its availability of skilled and knowledge workers in major categories. However, the present mismatch between the supply and demand for skilled workforce will need to be resolved. Hence, several aspects of manpower must be given priority in development planning to ensure that the manufacturing sector continues to contribute towards maintaining Malaysia's overall global competitive position. This paper attempts to forecast future manpower requirements in industry by different occupational categories under the Third Industrial Master Plan(IMP3). For this purpose, unpublished data from the manufacturing survey and Malaysia inputoutput table will be utilised. The method of forecasting is based on the manpower requirements approach (MRA). The results of our analysis show that the amount of labour required to produce the same unit of output over a period has decreased and output growth is faster than employment growth, implying an increase in labour productivity in the manufacturing sector and other sectors, especially in the high skilled categories.

    Original languageEnglish
    Pages (from-to)1-19
    Number of pages19
    JournalMalaysian Journal of Economic Studies
    Volume49
    Issue number1
    Publication statusPublished - Jun 2012

    Fingerprint

    Manpower
    Malaysia
    Manufacturing sector
    European countries
    Workforce
    Emerging economies
    Knowledge workers
    India
    Latin America
    Development planning
    Manufacturing
    Skilled workers
    Labor
    Labour productivity
    Employment growth
    Competitiveness
    Mismatch
    Output growth
    Industry
    China

    Keywords

    • Forecasting
    • Industrial Master Plans
    • Manpower
    • Manufacturing
    • Occupation

    ASJC Scopus subject areas

    • Economics, Econometrics and Finance(all)

    Cite this

    Manpower requirements of Malaysian manufacturing sector under the third industrial master plan. / Poo, Bee Tin; Rashid, Zakariah Abdul; Hassan, Mohd Khairul Hisyam.

    In: Malaysian Journal of Economic Studies, Vol. 49, No. 1, 06.2012, p. 1-19.

    Research output: Contribution to journalArticle

    Poo, Bee Tin ; Rashid, Zakariah Abdul ; Hassan, Mohd Khairul Hisyam. / Manpower requirements of Malaysian manufacturing sector under the third industrial master plan. In: Malaysian Journal of Economic Studies. 2012 ; Vol. 49, No. 1. pp. 1-19.
    @article{7bda1b9045674cf8b0642c6d3fbdd1bc,
    title = "Manpower requirements of Malaysian manufacturing sector under the third industrial master plan",
    abstract = "Malaysia's competitive position is being challenged by emerging economies such as the People's Republic of China, India, Central European countries and Latin America. To enhance its competitiveness, the nation needs to increase its availability of skilled and knowledge workers in major categories. However, the present mismatch between the supply and demand for skilled workforce will need to be resolved. Hence, several aspects of manpower must be given priority in development planning to ensure that the manufacturing sector continues to contribute towards maintaining Malaysia's overall global competitive position. This paper attempts to forecast future manpower requirements in industry by different occupational categories under the Third Industrial Master Plan(IMP3). For this purpose, unpublished data from the manufacturing survey and Malaysia inputoutput table will be utilised. The method of forecasting is based on the manpower requirements approach (MRA). The results of our analysis show that the amount of labour required to produce the same unit of output over a period has decreased and output growth is faster than employment growth, implying an increase in labour productivity in the manufacturing sector and other sectors, especially in the high skilled categories.",
    keywords = "Forecasting, Industrial Master Plans, Manpower, Manufacturing, Occupation",
    author = "Poo, {Bee Tin} and Rashid, {Zakariah Abdul} and Hassan, {Mohd Khairul Hisyam}",
    year = "2012",
    month = "6",
    language = "English",
    volume = "49",
    pages = "1--19",
    journal = "Malaysian Journal of Economic Studies",
    issn = "1511-4554",
    publisher = "Malaysian Economic Association",
    number = "1",

    }

    TY - JOUR

    T1 - Manpower requirements of Malaysian manufacturing sector under the third industrial master plan

    AU - Poo, Bee Tin

    AU - Rashid, Zakariah Abdul

    AU - Hassan, Mohd Khairul Hisyam

    PY - 2012/6

    Y1 - 2012/6

    N2 - Malaysia's competitive position is being challenged by emerging economies such as the People's Republic of China, India, Central European countries and Latin America. To enhance its competitiveness, the nation needs to increase its availability of skilled and knowledge workers in major categories. However, the present mismatch between the supply and demand for skilled workforce will need to be resolved. Hence, several aspects of manpower must be given priority in development planning to ensure that the manufacturing sector continues to contribute towards maintaining Malaysia's overall global competitive position. This paper attempts to forecast future manpower requirements in industry by different occupational categories under the Third Industrial Master Plan(IMP3). For this purpose, unpublished data from the manufacturing survey and Malaysia inputoutput table will be utilised. The method of forecasting is based on the manpower requirements approach (MRA). The results of our analysis show that the amount of labour required to produce the same unit of output over a period has decreased and output growth is faster than employment growth, implying an increase in labour productivity in the manufacturing sector and other sectors, especially in the high skilled categories.

    AB - Malaysia's competitive position is being challenged by emerging economies such as the People's Republic of China, India, Central European countries and Latin America. To enhance its competitiveness, the nation needs to increase its availability of skilled and knowledge workers in major categories. However, the present mismatch between the supply and demand for skilled workforce will need to be resolved. Hence, several aspects of manpower must be given priority in development planning to ensure that the manufacturing sector continues to contribute towards maintaining Malaysia's overall global competitive position. This paper attempts to forecast future manpower requirements in industry by different occupational categories under the Third Industrial Master Plan(IMP3). For this purpose, unpublished data from the manufacturing survey and Malaysia inputoutput table will be utilised. The method of forecasting is based on the manpower requirements approach (MRA). The results of our analysis show that the amount of labour required to produce the same unit of output over a period has decreased and output growth is faster than employment growth, implying an increase in labour productivity in the manufacturing sector and other sectors, especially in the high skilled categories.

    KW - Forecasting

    KW - Industrial Master Plans

    KW - Manpower

    KW - Manufacturing

    KW - Occupation

    UR - http://www.scopus.com/inward/record.url?scp=84864223962&partnerID=8YFLogxK

    UR - http://www.scopus.com/inward/citedby.url?scp=84864223962&partnerID=8YFLogxK

    M3 - Article

    VL - 49

    SP - 1

    EP - 19

    JO - Malaysian Journal of Economic Studies

    JF - Malaysian Journal of Economic Studies

    SN - 1511-4554

    IS - 1

    ER -