From Farms to Factories and Firms : Structural Transformation and Labor Productivity Growth in Malaysia
03/05/2021 | 01:23am EDT
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Message : This study aims to provide a quantitative and integrated analysis of long-term structural transformation and labor productivity growth in Malaysia. Using data from the Department of Statistics Malaysia from 1987 to 2018 and decompositions that take account of the static and dynamic efficiency gains from labor reallocation, it documents that Malaysia has undergone structural transformation from an agriculture-driven to a services-driven economy. However, in contrast to common perceptions, the country s impressive growth in output per capita over the past three decades can largely be attributed not to its structural transformation but instead to sustained growth in within-sector labor productivity. At 3 percent, the contribution of between-sector reallocation of labor to growth in output per capita in Malaysia has
One of the greatest strengths of artificial intelligence (AI) – its ability to learn and adapt over time – could also be its Achilles’ heel.
When a product or service can learn and evolve through experience and interactions with human beings, it can be hard to pinpoint who is responsible when something goes wrong. How to allow for this dynamism and, at the same time, build trust in artificial intelligence was one of the key topics of debate in a Science|Business webinar entitled:
AI: Who is Liable? - the latest in a series produced by Science|Business Data Rules group.
“You see association effects where man and machine work together in a specific context, but it is unclear what the machine has learned from man, and what man has learned from the machine,’ noted Evert Stamhuis, senior fellow at the Jean Monnet Centre of Excellence Digital Governance, Erasmus University Rotterdam.
Application Deadline: March 1st 2021
The Wits School of Law and the International Institute of Social Studies (ISS) of Erasmus University Rotterdam, the Netherlands, invites applications from prospective, joint PhD applicants on a range of topics in international law, society and development such as:
Critical, development-oriented aspects of trade and investment
Socio-economic deprivation and inequalities
Gender, law and development
Successful applicants will receive a fee waiver from both Wits University and Erasmus University.
The ISS-Wits joint programme forms part of the ISS research group on Governance, Law and Social Justice (GLSJ) and the ISS Research Programme on Global Development and Social Justice: www.iss.nl/research. Research performed by members of the research group combine multiple academic disciplines in order to explore how and to what extent governance arrangements help or hinder the achievement of development and/or social justice.
Erasmus University Rotterdam: New research shines light on future directions for cities on sustainability and climate action sciencebusiness.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sciencebusiness.net Daily Mail and Mail on Sunday newspapers.