Government Incentives and Comparative Advantage of the Sheep Industry in Malaysia

Mohamed, Zainal Abidin and Chiew, Eddie Fook Chong and Shamsudin, Mad Nasir (1995) Government Incentives and Comparative Advantage of the Sheep Industry in Malaysia. Pertanika Journal of Social Sciences & Humanities, 3 (2). pp. 173-179. ISSN 0128-7702

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Abstract

This study computes the protection rates and comparative advantage of sheep production from an import substitution perspective. The results show that, in general, sheep production in Malaysia is moderately protected as shown by the tpR. Domestic price is about 32% above the world price. The value of ETr, on the other hand, indicates that there is an overall net incentive in sheep production. In terms of comparative advantage, this implies that with a small herd size, sheep production is not viable economically and socially.

Item Type:Article
Keyword:sheep, comparative advantage, domestic resource cost, nominal protection rates, effective protection rates
Faculty or Institute:Faculty of Economics and Management
Publisher:Universiti Putra Malaysia Press
ID Code:3063
Deposited By: Nur Izyan Mohd Zaki
Deposited On:23 Nov 2009 06:17
Last Modified:27 May 2013 07:05

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