The impact of CPF on direct exports
In this report, we will analyze the economic impact of changes in CPF contribution rates on the direct exports of the manufacturing industry. The area which we will focus on is the effects of CPF on direct exports of labour intensive industries and capital-intensive industries. We will determine...
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| Main Authors: | , , |
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| 其他作者: | |
| 格式: | Final Year Project |
| 語言: | English |
| 出版: |
2015
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| 主題: | |
| 在線閱讀: | http://hdl.handle.net/10356/63996 |
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| 機構: | Nanyang Technological University |
| 語言: | English |
| 總結: | In this report, we will analyze the economic impact of changes in CPF contribution
rates on the direct exports of the manufacturing industry.
The area which we will focus on is the effects of CPF on direct exports of labour intensive
industries and capital-intensive industries. We will determine whether
direct exports of labour-intensive industries are affected more than capital-intensive
industries by a change in CPF contribution rates. If these industries are more affected,
but can substitute capital for labour with relative ease, the impact of the change in
CPF rates on their direct exports will be smaller.
We will examine this impact of CPF using six pre-selected labour-intensive
industries. Our findings showed evidence which is consistent with our objective
above. |
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