Government Incentives and Comparative Advantage of the Sheep Industry in Malaysia

Citation

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

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.

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Additional Metadata

Item Type:	Article
Divisions:	Faculty of Economics and Management
Publisher:	Universiti Putra Malaysia Press
Keywords:	sheep, comparative advantage, domestic resource cost, nominal protection rates, effective protection rates
Depositing User:	Nur Izyan Mohd Zaki
Date Deposited:	23 Nov 2009 06:17
Last Modified:	27 May 2013 07:05
URI:	http://psasir.upm.edu.my/id/eprint/3063
Statistic Details:	View Download Statistic

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