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Evaluation of Malaysia’s Food Balance of Trade Plan: Achievement Rates AgEcon
Mohamed Arshad, Fatimah; Mohd. Noh, Kusairi.
Malaysia has always been a net food importer in the last four decades. In 2007, the deficit in the food trade stood at RM9.7 billion (or USD2.9 billion). In 2002, Malaysia implemented a policy towards achieving a surplus balance of trade in food of RM1.2 billion (or USD352 billion) by 2010. This paper evaluates the policy in terms of the achievement rates of the plan. The analysis suggests that the actual trade data shows the intended targets are likely not to be met; in fact the deficit is expected to grow bigger with time. While the objective was commendable, the targets, rationales and strategies for such a plan require a serious rethinking
Tipo: Article Palavras-chave: Malaysia; Food policy; Food balance of trade; Agricultural and Food Policy; Q18 Agricultural and Food Policy.
Ano: 2010 URL: http://purl.umn.edu/119074
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THE IMPACT OF PETROLEUM PRICES ON VEGETABLE OILS PRICES: EVIDENCE FROM COINTEGRATION TESTS AgEcon
Awad Abdel Hameed, Amna; Mohamed Arshad, Fatimah.
This paper investigate the long-term relationship between the petroleum and vegetable oils prices represented by palm, soybean, sunflower and rapeseed oils prices. To that end, the bivariate cointegration approach using Engle-Granger two-stage estimation procedure is applied. The study utilises monthly data over the period of January 1983 through March 2008. The results provide a strong evidence of long-run equilibrium relation between the two products prices. The estimates of the error correction models reveal a unidirectional long-run causality flowing from petroleum to each of the vegetable oils prices under study.
Tipo: Conference Paper or Presentation Palavras-chave: Vegetable oils prices; Petroleum prices; Cointegration; Causality tests; Agribusiness; Demand and Price Analysis; Marketing; Q11 Agricultural Prices.
Ano: 2008 URL: http://purl.umn.edu/46251
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Global Food Prices: Implications for Food Security in Malaysia AgEcon
Mohamed Arshad, Fatimah; Hameed, Amna Awad Abdel.
This paper examines the factors that led to the recent price hikes in food commodities and the implications to food security in Malaysia. Unlike the previous price crises, the price upsurge in 2008 resulted from the convergence of fundamental and technical factors and the increase of energy prices. The high price of crude oil has increased the demand for biofuel such as biodiesel, which utilises palm oil as the main feedstock. If this development continues, it may affect Malaysia’s capacity to produce more food as arable land will be dedicated to oil palm plantations. Hence, the landscape for food security concern has changed as energy and food demand are competing for the same pool of resources, in particular land and water. Further, low investments in...
Tipo: Article Palavras-chave: Food security; Malaysia; Food crisis.; Food Security and Poverty; Q18 Agricultural Policy; Food Policy.
Ano: 2010 URL: http://purl.umn.edu/119073
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