Due to technical advances in production and communication technology, outsourcing – contracting out production of intermediate materials and services – has affected the economic growth of the ASEAN region. This new book fills an important gap in the literature looking at the impact outsourcing has on labour markets, its subtle effects on regional economies and policy implications. Shandre Thangavelu and Aekapol Chongvilaivan investigate various impacts of outsourcing on labour markets, such as its effects on labour productivity, skill upgrading, human capital, and training, in ASEAN economies with a focus on the experience of the two ASEAN countries as a global hub of outsourcing: Singapore and Thailand. This book approaches these research inquiries by developing several econometric models, including primal production functions and dual cost functions, among others. The empirical evidence this book reveals provides interesting insights into and implications on labour and industry development.
This book provides complete, yet non-technical, analyses of production fragmentation effects and thus targets a wide range of readers - including academics, researchers, policy-makers, students, entrepreneurs, and anyone who is interested in this subject. It investigates the economic impacts of production fragmentation in Southeast Asia with a focus on Thailand's experience as an emerging global hub of fragmentation and outsourcing. This elucidates new evidence in connection with production, industrial organizations and labour economics theories, providing interesting insights for formulating industrialization and labour development policies.
Due to technical advances in production and communication technology, outsourcing – contracting out production of intermediate materials and services – has affected the economic growth of the ASEAN region. This new book fills an important gap in the literature looking at the impact outsourcing has on labour markets, its subtle effects on regional economies and policy implications. Shandre Thangavelu and Aekapol Chongvilaivan investigate various impacts of outsourcing on labour markets, such as its effects on labour productivity, skill upgrading, human capital, and training, in ASEAN economies with a focus on the experience of the two ASEAN countries as a global hub of outsourcing: Singapore and Thailand. This book approaches these research inquiries by developing several econometric models, including primal production functions and dual cost functions, among others. The empirical evidence this book reveals provides interesting insights into and implications on labour and industry development.
This book provides complete, yet non-technical, analyses of production fragmentation effects and thus targets a wide range of readers - including academics, researchers, policy-makers, students, entrepreneurs, and anyone who is interested in this subject. It investigates the economic impacts of production fragmentation in Southeast Asia with a focus on Thailand's experience as an emerging global hub of fragmentation and outsourcing. This elucidates new evidence in connection with production, industrial organizations and labour economics theories, providing interesting insights for formulating industrialization and labour development policies.
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