Study On The Change Of Macao's Industrial Structure & Employment Structure

This article compares economic systems of three cities,Hong Kong, Singapore and Las Vegas,United States,on the basis of data collection, questionnaire and interview with league.Comparisons on the analysis of such research tools,labor productivity,structural deviation and employment elasticity are utilized as a complement of the above-mentioned methodology. It gropes after the past and present variable pattern and characteristics of the industrial and employment structures of Macao,from the vision of industrial economics.Apart from this,it forecasts the changeable movement of the forthcoming five years.On the aspect of industrial structure,external stress and protective industrial policy are the fundamental force that drives the change of Macao industrial structure,whereas it is the attribute of this change to be "inconstant", "bouncing" and "passive".It means that the economy starts to bounce to secondary and tertiary industries when the primary industry has not yet developed itself.On the other hand,it reverses to promote the expansion of the secondary industry when the tertiary industry has not yet matured.The primary industry "passively" disappears when the secondary and tertiary industries prosper.The distinctive industry,gambling industry,has prematured to be the pioneer industry during this change of structure.The hypoplasia of industry,the concomitance of protective policy with market system and free competition with monopolized operation are all the groundwork of the growth and change of Macao industrial structure.On the aspect of employment structure,the entry of import labor is the key driving power of Macao employment structural mobility.The mobility of labor population exhibits its "reversibility" and "inconstancy".The employment structure and the development of industrial structure accommodate each other by its nature of low demand of skill and high labor intensity. Macao industrial structure is,at this moment,its switching stage. Structural unemployment objectively exists.The recent performance modality is the structural unemployment under full employment condition.The protective policy of labor market and the wage rigidity are the key factors of the concomitance of full employment and structural unemployment.Through analysis,with focus on the singularization of Macao industrial structure,the issue of unidirectional labor mobility addresses the integral and optimized policy advice.By means of the augmentation of vocational training and educational investment,it inefficaciously elaborates industrial policy.The supply of system as the guiding function is the vital gateway to optimatization of industrial structure and employment structure.