{"id":1977,"date":"2021-06-03T07:33:40","date_gmt":"2021-06-02T23:33:40","guid":{"rendered":"https:\/\/www.ukm.my\/jem\/?post_type=article&p=1977"},"modified":"2021-09-09T12:31:53","modified_gmt":"2021-09-09T04:31:53","slug":"cabaran-globalisasi-strategi-ekonomi-upah-tinggi","status":"publish","type":"article","link":"https:\/\/www.ukm.my\/jem\/article\/cabaran-globalisasi-strategi-ekonomi-upah-tinggi\/","title":{"rendered":"Cabaran Globalisasi: Strategi Ekonomi Upah Tinggi"},"content":{"rendered":"

In high-wage economy model, wage should n0t only be regarded as merely a cost factor but also as all income factor for labors, This would means that having a higher wage will contribute to better live condition, higher work effort, and consequently higher productivity among labors. This in turn will increase employers’ profit, Nevertheless, a question arises 0n whether higher wage can actually be a cause to higher productivity or the other way around, Using causality tests of Granger(1969) and Toda and yamamota (1995). this paper makes an attemp to look at the causal relationship between the two variables, namely wage and productivity in two economic sectors of Malaysia (Manufacturing and Construction). The results show that the phenomenon of high-wage economy does in fact exist. This would mean that higher wage will indeed lead to higher productivity.<\/p>\n","protected":false},"template":"","tags":[],"jel-code":[],"article-type":[1329],"class_list":["entry","author-jem","post-1977","article","type-article","status-publish","article-type-normal-article"],"yoast_head":"\nCabaran Globalisasi: Strategi Ekonomi Upah Tinggi | Jurnal Ekonomi Malaysia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ukm.my\/jem\/article\/cabaran-globalisasi-strategi-ekonomi-upah-tinggi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabaran Globalisasi: Strategi Ekonomi Upah Tinggi | Jurnal Ekonomi Malaysia\" \/>\n<meta property=\"og:description\" content=\"In high-wage economy model, wage should n0t only be regarded as merely a cost factor but also as all income factor for labors, This would means that having a higher wage will contribute to better live condition, higher work effort, and consequently higher productivity among labors. This in turn willContinue Reading\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ukm.my\/jem\/article\/cabaran-globalisasi-strategi-ekonomi-upah-tinggi\/\" \/>\n<meta property=\"og:site_name\" content=\"Jurnal Ekonomi Malaysia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Jurnal-Ekonomi-Malaysia-JEM-104142808087485\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-09T04:31:53+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@EkonomiJurnal\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/cabaran-globalisasi-strategi-ekonomi-upah-tinggi\\\/\",\"url\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/cabaran-globalisasi-strategi-ekonomi-upah-tinggi\\\/\",\"name\":\"Cabaran Globalisasi: Strategi Ekonomi Upah Tinggi | Jurnal Ekonomi Malaysia\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/#website\"},\"datePublished\":\"2021-06-02T23:33:40+00:00\",\"dateModified\":\"2021-09-09T04:31:53+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/cabaran-globalisasi-strategi-ekonomi-upah-tinggi\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/cabaran-globalisasi-strategi-ekonomi-upah-tinggi\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/cabaran-globalisasi-strategi-ekonomi-upah-tinggi\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Articles\",\"item\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Cabaran Globalisasi: Strategi Ekonomi Upah Tinggi\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/#website\",\"url\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/\",\"name\":\"Jurnal Ekonomi Malaysia\",\"description\":\"Universiti Kebangsaan Malaysia\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/#organization\",\"name\":\"Jurnal Ekonomi Malaysia\",\"url\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/cropped-browser-icon-letter-1.png\",\"contentUrl\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/cropped-browser-icon-letter-1.png\",\"width\":512,\"height\":308,\"caption\":\"Jurnal Ekonomi Malaysia\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Jurnal-Ekonomi-Malaysia-JEM-104142808087485\",\"https:\\\/\\\/x.com\\\/EkonomiJurnal\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cabaran Globalisasi: Strategi Ekonomi Upah Tinggi | Jurnal Ekonomi Malaysia","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ukm.my\/jem\/article\/cabaran-globalisasi-strategi-ekonomi-upah-tinggi\/","og_locale":"en_US","og_type":"article","og_title":"Cabaran Globalisasi: Strategi Ekonomi Upah Tinggi | Jurnal Ekonomi Malaysia","og_description":"In high-wage economy model, wage should n0t only be regarded as merely a cost factor but also as all income factor for labors, This would means that having a higher wage will contribute to better live condition, higher work effort, and consequently higher productivity among labors. 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