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 (SMRJ), 9 (2). pp. 21-34. ISSN 1675-7017

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.

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Kittisak, Jermsittiparsert
finn_ramon@hotmail.com
Thanaporn, Sriyakul
ajbamut@gmail.com
Chayongkan, Pamornmast
chayongkanp@hotmail.com
Subjects: H Social Sciences > HD Industries. Land use. Labor > Labor. Work. Working class

H Social Sciences > HG Finance > Investment, capital formation, speculation > Foreign investments. Country risk
Divisions: Universiti Teknologi MARA, Shah Alam > Research Management Centre (RMC)
Journal or Publication Title: Social and Management Research Journal (SMRJ)
UiTM Journal Collections: UiTM Journal > Social and Management Research Journal (SMRJ)
ISSN: 1675-7017
Volume: 9
Number: 2
Page Range: pp. 21-34
Keywords: Empirical Discourse Analysis, Export, Foreign Direct Investment in Industrial Sector, Minimum Wages
Date: 2012
URI: https://ir.uitm.edu.my/id/eprint/13101
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13101

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