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SMls: Current Performance and Future Prospects

Author

Listed:
  • othman, pazim

    (Faculty of Economics and Administration University of Malaya Lembah Pantai Kuala Lumpur)

  • mohamad, mohd.rosli

    (Faculty of Economics and Administration University of Malaya Lembah Pantai Kuala Lumpur)

Abstract

Following the experiences of the NIEs, the SMIs in Malaysia have made significant contributions to the growth and expansion of the industrial sector especially during the last two decades. Their performance based on the labour, capital and total factor productivities and capital-labour ratio indicate that the SMIs have moved in a similar direction as the large scale industries. With the launching of NDP, the SMIs are expected to contribute towards a more dynamic and competitive industrial sector through their supportive and complementary roles. Future expansion of the SMIs would greatly depend upon good financial support, adequate infrastructure and continuous effort in research and development (R&D).

Suggested Citation

  • othman, pazim & mohamad, mohd.rosli, 1995. "SMls: Current Performance and Future Prospects," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 29, pages 79-111.
    • Handle: RePEc:ukm:jlekon:v:29:y:1995:i::p:79-111
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    References listed on IDEAS

    as
    1. Kravis, Irving B, 1976. "A Survey of International Comparisons of Productivity," Economic Journal, Royal Economic Society, vol. 86(341), pages 1-44, March.
    2. Yanrui Wu, 1993. "Productive Efficiency in Chinese Industry," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 7(2), pages 58-66, November.
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