A comparative static, partial equilibrium, multi-commodity model for Malaysian agriculture

  • Yaghoob Jafari Islamic Azad University
  • Jamal Othman Universiti Kebangsaan Malaysia

Abstract

Most models for the analysis of Malaysian agricultural policies have been based on partial equilibrium and econometrics. Such models have their own unique strengths but they are not capable of examining factor markets, outputs, trade, and policy linkages across sub-sectors, explicitly and simultaneously. The aim of this paper is to develop a multi-commodity, comparative statics model for the Malaysian agricultural sector with multiple stages of production that links explicitly factor markets, related outputs and agri-environment policy. An illustration of the comparative static effects of a change in export tax for Malaysian crude palm oil is presented.

Author Biographies

Yaghoob Jafari, Islamic Azad University

Department of Economics and Management, Shiraz Branch, Islamic Azad University

Jamal Othman, Universiti Kebangsaan Malaysia

Faculty of Economics and Management, Unviersiti Kebangsaan Malaysia

Published
2015-12-01
How to Cite
JAFARI, Yaghoob; OTHMAN, Jamal. A comparative static, partial equilibrium, multi-commodity model for Malaysian agriculture. Malaysian Journal of Economic Studies, [S.l.], v. 52, n. 2, p. 205-226, dec. 2015. ISSN 1511-4554. Available at: <https://mjes.um.edu.my/index.php/MJES/article/view/2792>. Date accessed: 11 dec. 2017.
Section
Articles