The linkage among foreign workers and Malaysia national output.

Autor: Abidin, N. Z., Kiong, B. C. C., Saraih, U. N., Marniati
Předmět:
Zdroj: AIP Conference Proceedings; 2024, Vol. 2991 Issue 1, p1-8, 8p
Abstrakt: The composition of foreign workers is increasing because the cost of hiring foreign workers is lower, which has made the demand for foreign workers high. Besides, there are also some jobs that are not of interest to local workers. The purpose of this study is to investigate the linkage between foreign workers and Malaysian national output from 1990–2019. The data were collected from the World Bank. For this purpose, the autoregressive distributed lag (ARDL) approach will be used. The results showed that foreign workers and capital stock have a positive and significant effect on national output in the long run. Meanwhile, in the short run, the results show that consumption, expenditure, and capital stock have a positive and significant effect on national output. Therefore, the country needs to manage existing human resources in the country to make sure local workers also get jobs. Malaysian employment increases in every major area as a result of hiring foreign labour. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index