Rice industry in Malaysia: challenges, policies and implications
Rice is the second most important crop in the world after wheat, with Asia being the largest producer and consumer. The National Agrofood Policy of Malaysia, 2011-2012 (Dasar Agromakanan Negara, DAN) had highlighted that local rice production should be increased to ensure the country'sdemand in...
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my.upm.eprints.564472017-07-31T09:52:33Z http://psasir.upm.edu.my/id/eprint/56447/ Rice industry in Malaysia: challenges, policies and implications Rajamoorthy, Yogambigai Abdul Rahim, Khalid Munusamy, Subramaniam Rice is the second most important crop in the world after wheat, with Asia being the largest producer and consumer. The National Agrofood Policy of Malaysia, 2011-2012 (Dasar Agromakanan Negara, DAN) had highlighted that local rice production should be increased to ensure the country'sdemand in future. However, to what extend this ensures food security in Malaysia was not supported empirically so far. The objective of this study is to estimate the future need of rice industry in Malaysia based on past performances. Using polynomial curve on historical production, consumption, export and import values from 1963 to 2013, this study has projected the production and consumption value for the 19-year period between 2012 and 2030. The results had revealed an increasing demand for rice with declining supply can be only off-set by import of rice in future. Elsevier 2015 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/56447/1/56447.pdf Rajamoorthy, Yogambigai and Abdul Rahim, Khalid and Munusamy, Subramaniam (2015) Rice industry in Malaysia: challenges, policies and implications. Procedia Economics and Finance, 31. pp. 861-867. ISSN 2212-5671 http://www.sciencedirect.com/science/article/pii/S2212567115011831 10.1016/S2212-5671(15)01183-1 |
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Rice is the second most important crop in the world after wheat, with Asia being the largest producer and consumer. The National Agrofood Policy of Malaysia, 2011-2012 (Dasar Agromakanan Negara, DAN) had highlighted that local rice production should be increased to ensure the country'sdemand in future. However, to what extend this ensures food security in Malaysia was not supported empirically so far. The objective of this study is to estimate the future need of rice industry in Malaysia based on past performances. Using polynomial curve on historical production, consumption, export and import values from 1963 to 2013, this study has projected the production and consumption value for the 19-year period between 2012 and 2030. The results had revealed an increasing demand for rice with declining supply can be only off-set by import of rice in future. |
format |
Article |
author |
Rajamoorthy, Yogambigai Abdul Rahim, Khalid Munusamy, Subramaniam |
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Rajamoorthy, Yogambigai Abdul Rahim, Khalid Munusamy, Subramaniam Rice industry in Malaysia: challenges, policies and implications |
author_facet |
Rajamoorthy, Yogambigai Abdul Rahim, Khalid Munusamy, Subramaniam |
author_sort |
Rajamoorthy, Yogambigai |
title |
Rice industry in Malaysia: challenges, policies and implications |
title_short |
Rice industry in Malaysia: challenges, policies and implications |
title_full |
Rice industry in Malaysia: challenges, policies and implications |
title_fullStr |
Rice industry in Malaysia: challenges, policies and implications |
title_full_unstemmed |
Rice industry in Malaysia: challenges, policies and implications |
title_sort |
rice industry in malaysia: challenges, policies and implications |
publisher |
Elsevier |
publishDate |
2015 |
url |
http://psasir.upm.edu.my/id/eprint/56447/1/56447.pdf http://psasir.upm.edu.my/id/eprint/56447/ http://www.sciencedirect.com/science/article/pii/S2212567115011831 |
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