Please use this identifier to cite or link to this item:
Scopus Web of Science® Altmetric
Full metadata record
DC FieldValueLanguage
dc.contributor.authorThangavelu, S.en
dc.identifier.citationJournal of Economic Integration, 2017; 32(3):723-758en
dc.description.abstractThis study analyses the effects of labour market integration on the domestic economy. We explore the effects of skilled and unskilled foreign labour on the sustainability of a small open economy with innovation and growth. Welfare implications such as Gross Domestic Product growth and wage inequality are explicitly modelled in a general equilibrium framework. The model is applied to a small open economy such as Singapore to derive key policy implications to balance economic growth with skilled workers and innovation activities in the economy. The study critically examines the foreign workers’ policy in the Singaporean economy in terms of allowing both skilled and unskilled workers into the domestic labour market. The results of the model indicate that balancing foreign skilled and unskilled labour, with the development of indigenous innovation capabilities, is crucial to maintain strong, sustainable growth in the domestic economy. The results of the model also indicate that a labour market policy that allows more skilled workers tends to increase the supply of labour and reduce the skilled wage gap in the economy.en
dc.description.statementofresponsibilityShandre Mugan Thangaveluen
dc.publisherCenter for Economic Integration, Sejong Universityen
dc.rights© 2017-Center for Economic Integration, Sejong Institution, Sejong University, All Rights Reserved.en
dc.subjectGrowth; immigration; innovationen
dc.titleLabour market integration with the world: case of Singaporeen
dc.typeJournal articleen
pubs.library.collectionInstitute for International Trade publicationsen
Appears in Collections:Institute for International Trade publications

Files in This Item:
There are no files associated with this item.

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.