Browsing by Author "Yap, Micheal M.C."

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Citation Count: Doğan, E., Wong, K.N., Yap, M.M.C. (2013). Turnover, ownership and productivity in Malaysian manufacturing. Journal Of The Asia Pacific Economy, 18(1), 26-50. http://dx.doi.org/10.1080/13547860.2012.742714
Turnover, ownership and productivity in Malaysian manufacturing
(Routledge Journals, 2013) Doğan, Ergün; Wong, Koi Nyen; Yap, Micheal M.C.; 43080
Applying Foster, Haltiwanger, and Krizan's decomposition of productivity growth method to Malaysian manufacturing census data for 2000 and 2005, we analyze if firm turnover by ownership (domestic vs. foreign) has any impact on the sector's aggregate productivity growth. The findings show that turnover matters regardless of ownership, but more importantly, attracting foreign direct investment inflows could induce positive net entry effect'. The analysis shows that large-sized foreign and domestic entrants are more productive than medium-sized and especially small-sized ones. The study provides important implications for government policies based on ownership and firm size
Citation Count: Doğan, E., Wong, K.N., YAp, M.M.C. (2017). Vertical and horizontal spillovers from foreign direct investment: evidence from Malaysian manufacturing. Asian Economic Papers, 16(3), 158-183. http://dx.doi.org/ 10.1162/ASEP_a_00560
Vertical and horizontal spillovers from foreign direct investment: evidence from Malaysian manufacturing
(MIT Press, 2017) Doğan, Ergün; Wong, Koi Nyen; Yap, Micheal M.C.; 43080
Given developing countries' dependence on foreign direct investment (FDI) in manufacturing, it is important to assess the benefits that accompany FDI, given the cost of incentives that are used to attract foreign investments. We empirically analyze FDI spillover effects in Malaysia using unpublished establishment-level data, accounting for domestic firm size, the market orientation of local firms and foreign multinationals, and firm technology level and absorptive capacity. We find weak evidence of horizontal spillovers; backward and forward spillovers are negative in most cases. Because these results raise concerns about the technological capability of local firms, government policies on technology, human resource, education, and R&D should address this.