ARE THERE OPPORTUNITIES OF ADOPTING MORE CAPITAL-INTENSIVE TECHNOLOGY IN THE MALAYSIAN FURNITURE AND FIXTURES, AND WOOD PLANING AND JOINERY INDUSTRIES?

Mohd. Shahwahid Othman; Maisom Abdullah

ARE THERE OPPORTUNITIES OF ADOPTING MORE CAPITAL-INTENSIVE TECHNOLOGY IN THE MALAYSIAN FURNITURE AND FIXTURES, AND WOOD PLANING AND JOINERY INDUSTRIES?

Authors

Mohd. Shahwahid Othman
Maisom Abdullah

Keywords:

Furniture, fixtures, planing, joinery, industries, capital-intensive technology, CES, wage to rental ratio

Abstract

A Constant Elasticity of Substitution (CES) production function is estimated for the furniture and fixtures and the wood planing and joinery industries for the period 1968 to 1986. Estimates of the elasticities of substitution for both industries are relatively low suggesting that there is a modest opportunity of adopting more capital-intensive technology with increasing wage to rental ratio.

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Published

26-12-1991

Issue

Vol. 4 No. 2 (1991)

Section

Articles

How to Cite

ARE THERE OPPORTUNITIES OF ADOPTING MORE CAPITAL-INTENSIVE TECHNOLOGY IN THE MALAYSIAN FURNITURE AND FIXTURES, AND WOOD PLANING AND JOINERY INDUSTRIES?. (1991). JOURNAL OF TROPICAL FOREST SCIENCE, 4(2), 103-112. https://jtfs.frim.gov.my/jtfs/article/view/1982