Investigating the Productivity of Singapore

Liang-Hsuan Chen ； Tien Hua Yim-Teo ； Shaligram Pokharel

《Asia Pacific Management Review》 9卷2期 (2004/04) Pp. 323-333

https://doi.org/10.6126/APMR.2004.9.2.08

並列摘要

Efficient resource use is important for a country in the competitive world. Higher productivity is usually associated with an enhanced standard of living. Among Southeast Asian countries, Singapore has developed into a remarkable industrialized country since its independence in 1965. In order to understand the efficiency of resource use in Singapore, this paper investigates the productivity of three main sectors: manufacturing, construction, and service, from 1999 to 2001. Some characteristics of Singapore's productivity are obvious. Labor productivities of both manufacturing and construction sectors are higher than their capital productivities, while the service sector has declined. Since more than half of the Gross Domestic Product (GDP) is contributed by the service sector, and service capital productivity is much higher than labor productivity in the service sector, the nationwide capital productivity is greater than labor productivity.

並列關鍵字

Productivity ； Singapore ； Resource utilization ； Southeast Asia

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