Please use this identifier to cite or link to this item:
https://hdl.handle.net/10356/59375
Title: | Efficiency wage theory : an analysis into Singapore manufacturing sector | Authors: | Chua, Sin-Chet Lim, Lois Yun-Wen Ter, Teng-Teng |
Keywords: | DRNTU::Social sciences::Economic development::Singapore DRNTU::Social sciences::Economic theory |
Issue Date: | 2014 | Abstract: | This paper attempts to examine and provide econometric evidence in support of the efficiency wage theory for manufacturing sector in Singapore. Evidence in support of efficiency wage is found for 3 out of 18 industries within the manufacturing sector in Singapore based on both OLS and GMM regression results. One possible way to account for efficiency wage is that higher wages could have reduced shirking which boosts workers’ productivity. In Singapore, Wage Credit Scheme and Progressive Wage Model are two recent policies that seem to resemble the mechanics of an efficiency wage framework. | URI: | http://hdl.handle.net/10356/59375 | Schools: | School of Humanities and Social Sciences | Rights: | Nanyang Technological University | Fulltext Permission: | restricted | Fulltext Availability: | With Fulltext |
Appears in Collections: | HSS Student Reports (FYP/IA/PA/PI) |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
HE_2AY1314_45.pdf Restricted Access | 826.08 kB | Adobe PDF | View/Open |
Page view(s) 5
1,250
Updated on Mar 28, 2024
Download(s) 50
100
Updated on Mar 28, 2024
Google ScholarTM
Check
Items in DR-NTU are protected by copyright, with all rights reserved, unless otherwise indicated.