Document Type
Journal Article
Publication Date
1977
Keywords
Economics, Malaysian manufacturing
DOI
10.1080/00220387708421661
Abstract
This paper shows that capital utilisation in West Malaysian manufacturing, though higher than that in other less developed countries, still leaves capital plant idle for a considerable proportion of the total available time. These findings, based on a modified McGraw‐Hill measure and on the Winston time‐measure of capital utilisation, therefore calls into question the wisdom of an industrial investment incentive programme which aims primarily at maximising the volume of capital expenditure, and which pays no attention at all to the level of utilisation of the existing stock of capital.
Source Publication
The Journal of Development Studies
Volume Number
14
Issue Number
1
ISSN
0022-0388
First Page
53
Last Page
62
Recommended Citation
Lim, D. (1977). Actual, desired and full levels of capital utilisation in Malaysian manufacturing. The Journal of Development Studies, 14 (1), 53-62. http://dx.doi.org/10.1080/00220387708421661