The Impact of increase in energy prices on sectoral costs of production of the Malaysian economy
This paper examines the impact of an increase in the petroleum price on the sectoral costs of production. Three components of costs of production, which comprise domestic materials, imported input, and labour have been identified. By using the input-output model, different scenarios of the petroleu...
Saved in:
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Universiti Utara Malaysia
2007
|
Subjects: | |
Online Access: | http://repo.uum.edu.my/624/1/Mohd_Yusof_Saari.pdf http://repo.uum.edu.my/624/ http://ijms.uum.edu.my |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
my.uum.repo.624 |
---|---|
record_format |
eprints |
spelling |
my.uum.repo.6242010-09-29T09:53:15Z http://repo.uum.edu.my/624/ The Impact of increase in energy prices on sectoral costs of production of the Malaysian economy Saari, Mohd Yusof Abdul Rashid, Zakariah TS Manufactures This paper examines the impact of an increase in the petroleum price on the sectoral costs of production. Three components of costs of production, which comprise domestic materials, imported input, and labour have been identified. By using the input-output model, different scenarios of the petroleum price changes on sectoral costs of production were stimulated. The simulation results indicated that the fishing, forestry, and logging product, electricity and gas, cement, lime and plaster, and transport sectors are mostly affected by the increase in petroleum price. These sectors are expected to show large impact on costs of production as a result of petroleum price increase because these industries highly consume petroleum products as an intermediate input in their production process. Universiti Utara Malaysia 2007 Article PeerReviewed application/pdf en http://repo.uum.edu.my/624/1/Mohd_Yusof_Saari.pdf Saari, Mohd Yusof and Abdul Rashid, Zakariah (2007) The Impact of increase in energy prices on sectoral costs of production of the Malaysian economy. International Journal of Management Studies (IJMS), 14 (2). pp. 75-91. ISSN 0127-8983 http://ijms.uum.edu.my |
institution |
Universiti Utara Malaysia |
building |
UUM Library |
collection |
Institutional Repository |
continent |
Asia |
country |
Malaysia |
content_provider |
Universiti Utara Malaysia |
content_source |
UUM Institutionali Repository |
url_provider |
http://repo.uum.edu.my/ |
language |
English |
topic |
TS Manufactures |
spellingShingle |
TS Manufactures Saari, Mohd Yusof Abdul Rashid, Zakariah The Impact of increase in energy prices on sectoral costs of production of the Malaysian economy |
description |
This paper examines the impact of an increase in the petroleum price on the sectoral costs of production. Three components of costs of production, which comprise domestic materials, imported input, and labour have been identified.
By using the input-output model, different scenarios of the petroleum price changes on sectoral costs of production were stimulated. The simulation results indicated that the fishing, forestry, and logging product, electricity and gas,
cement, lime and plaster, and transport sectors are mostly affected by the increase in petroleum price. These sectors are expected to show large impact on costs of production as a result of petroleum price increase because these industries highly consume petroleum products as an intermediate input in their production process. |
format |
Article |
author |
Saari, Mohd Yusof Abdul Rashid, Zakariah |
author_facet |
Saari, Mohd Yusof Abdul Rashid, Zakariah |
author_sort |
Saari, Mohd Yusof |
title |
The Impact of increase in energy prices on sectoral costs of production of the Malaysian economy |
title_short |
The Impact of increase in energy prices on sectoral costs of production of the Malaysian economy |
title_full |
The Impact of increase in energy prices on sectoral costs of production of the Malaysian economy |
title_fullStr |
The Impact of increase in energy prices on sectoral costs of production of the Malaysian economy |
title_full_unstemmed |
The Impact of increase in energy prices on sectoral costs of production of the Malaysian economy |
title_sort |
impact of increase in energy prices on sectoral costs of production of the malaysian economy |
publisher |
Universiti Utara Malaysia |
publishDate |
2007 |
url |
http://repo.uum.edu.my/624/1/Mohd_Yusof_Saari.pdf http://repo.uum.edu.my/624/ http://ijms.uum.edu.my |
_version_ |
1644277838908489728 |
score |
13.18916 |