Abstract: As an export-oriented economy, the fruits of Taiwan’s economical growth do not seem to reflect higher wage levels. What determinants account for low pay (wage levels) in Taiwan? This study proposed a partial least squares (PLS) model on wage determinants, testing ten hypotheses derived from with macro-level monthly data during the period of 2000/01-2014/06. The results found that there are seven paths regarding Taiwan’s wage levels. Exports and trade is the key and direct determinant of average regular wage levels and average working hours; the number of college or university graduates is an important one regarding average first regular wage levels in Taiwan. The results provide insight for schools, enterprises and government authorities.
DOI: *As the DOI is a unique identifier, it is already available in the pdf version. **The DOI link will be activated in the first midst of January 2026.
WSEAS Transactions on Business and Economics, ISSN / E-ISSN: 1109-9526 / 2224-2899, Volume 13, 2016, Art. #41
Yi-Hui Chiang, Hsien-Li Lee, "PLS Modelling on Determinants of Low Pay in Taiwan?," WSEAS Transactions on Business and Economics, vol. 13, pp. 457-466, 2016, DOI:
Yi-Hui Chiang, Hsien-Li Lee. PLS Modelling on Determinants of Low Pay in Taiwan?.
WSEAS Transactions on Business and Economics. 2016;13:457-466.