An empirical proposal on power, knowledge and truth of correlations among the minimum wage, foreign direct investment in the industrial sector and export / Kittisak Jermsittiparsert, Thanaporn Sriyakul and Chayongkan Pamornmast

Kittisak, Jermsittiparsert and Thanaporn, Sriyakul and Chayongkan, Pamornmast (2012) An empirical proposal on power, knowledge and truth of correlations among the minimum wage, foreign direct investment in the industrial sector and export / Kittisak Jermsittiparsert, Thanaporn Sriyakul and Chayongkan Pamornmast. Social and Management Research Journal, 9 (2). pp. 21-34. ISSN 1675-7017

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Abstract

This research showed the correlations among the minimum wage, foreign direct investment in the industrial sector, and export. These entities were criticized severely by the authorities on the Pua Thai Party's policy announcement on the guarantee oflabors' minimum wage of300 baht/day. The present research then employed an advanced quantitative methodology, analyzing time-series data ofthe minimum wage,foreign direct investment in the industrial sector, and export by regression, the Johansen Cointegration Test, and the Pairwise Granger Causality Test.

Item Type: Article
Uncontrolled Keywords: Empirical Discourse Analysis, Export, Foreign Direct Investment in Industrial Sector, Minimum Wages
Subjects: H Social Sciences > HD Industries. Land use. Labor > Labor. Work. Working class
H Social Sciences > HD Industries. Land use. Labor > Labor. Work. Working class > Wages
H Social Sciences > HG Finance > Investment, capital formation, speculation > Foreign investments. Country risk
Divisions: Research Management Institute (RMI)
Depositing User: Staf Pendigitan 1
Date Deposited: 21 Oct 2015 02:39
Last Modified: 30 Jun 2016 06:31
URI: http://ir.uitm.edu.my/id/eprint/13101

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