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Labor productivity reflects the ability of an industry or country to generate higher income. The share of transportation sector has been accounted for 7 to 9 percent of countrys GDP since 1990. Due to the large share of the transportation sector to the overall economy, this sector is considered as an important service sector to facilitate the overall economic growth. This paper attempts to determine the labor productivity of the transportation sector using the input-output analysis approach. The study incorporates four modes of transport which are rail transport, road freight transport, water transport and air transport. The methodological setting is the utilization of the labor coefficients calculated from input output tables of Thailand for the years 1990, 1995, 2000 and 2005. The results show that labor coefficients of overall transportation sector have not changed much during the period of study. However, labor productivity of water transport sector has improved while labor productivity of rail transport sector has become lower since 1990.
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Dr. Saipin Cintakulchai, Assistant Professor, Faculty of Economics, Thammasat University
Venue : |
5th Floor Meeting Room, Faculty of Economics, Thammasat University, Tha Prachan
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