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Title: | DETERMINANTS OF LABOR FORCE PARTICIPATION IN SINGAPORE | Authors: | MICHAEL LOR CHEE LENG | Issue Date: | 1988 | Citation: | MICHAEL LOR CHEE LENG (1988). DETERMINANTS OF LABOR FORCE PARTICIPATION IN SINGAPORE. ScholarBank@NUS Repository. | Abstract: | Economic growth is vital for the continued well being of Singapore. And the importance of human resources to an economy like Singapore which is small (and thus, land scarce) and without any natural resources cannot be over emphasized. In fact, according to the report of the Economic Committee, the labor force growth rates is one of the three key factors mentioned which is said to affect Singapore's economic growth greatly. And the factor that has the greatest influence on Singapore's labor force growth rates currently, is the labor force participation rates (LFPR). Because of such an important assignment, the LFPR of Singapore necessarily needs more understanding. And this is precisely what this study aims to do; to find out the determinants of labor force participation in Singapore. The following is a brief description on how we intend to go about this task. The total labor force is separated into more specific population sub-groups which will be analysed individually. For each sub-group, a general conceptual framework which has guided "a priori" thoughts about the determinants of the LFPR is first given, following which a multiple regression analysis would be done to test the significance of the postulated variables. Finally, an attempt would be made to explain the regression results. The study concludes with a summary of the more important determinants of labor force participation Singapore. | URI: | https://scholarbank.nus.edu.sg/handle/10635/163251 |
Appears in Collections: | Bachelor's Theses |
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