Please use this identifier to cite or link to this item: https://hdl.handle.net/10356/57762
Full metadata record
DC FieldValueLanguage
dc.contributor.authorLee Gek Lanen_US
dc.date.accessioned2014-04-07T10:59:17Z
dc.date.available2014-04-07T10:59:17Z
dc.date.copyright1997en_US
dc.date.issued1997
dc.identifier.urihttp://hdl.handle.net/10356/57762
dc.description35 p.en_US
dc.description.abstractThis paper has three parts. It first examines the trends of the real wage rates of selected occupations in the major sectors of Singapore. The second part studies the panel data on wage-output relationship across occupational groups in Singapore. Finally, we compare the cross elasticities of wages and productivity growth among the occupational groups. Findings are as follows. The real wage rates of managers and professionals are rather fluctuating and their trends are almost similar, whereas the real wage rates of the other occupational groups are almost constant, except for a few minor variations throughout the 10 year period. Unlike other groups, managers' (the group mainly representing entrepreneurial human capital) wages are negatively related to the output level, which indirectly suggests that manager's effective labour supply is backward-bending. In addition, the wages of managers increase with those of professionals and are significantly unit-elastic. We also further test an optimality condition in a theoretical growth model, concluding that, for all sectors considered, the productivity of entrepreneurial human capital uniformly grows faster than the counterpart of professional human capital.en_US
dc.rightsNanyang Technological Universityen_US
dc.subjectDRNTU::Businessen_US
dc.titleWages & output across occupational groups in Singaporeen_US
dc.typeFinal Year Project (FYP)en_US
dc.contributor.supervisorWu Yingen_US
dc.contributor.schoolCollege of Business (Nanyang Business School)en_US
dc.description.degreeBUSINESSen_US
item.fulltextWith Fulltext-
item.grantfulltextrestricted-
Appears in Collections:NBS Student Reports (FYP/IA/PA/PI)
Files in This Item:
File Description SizeFormat 
NBS FYP 1997_294.pdf
  Restricted Access
3.46 MBAdobe PDFView/Open

Google ScholarTM

Check

Items in DR-NTU are protected by copyright, with all rights reserved, unless otherwise indicated.