Subsidy Rationalisation for General Purpose Flour : Market and Economics Implications

• 발행기관: 한국유통과학회
• 저자명: Fatimah Binti Kari Muhammad Mehedi Masud Md. Khaled Saifullah
• 간행물 정보: 『한국유통과학회 학술대회 논문집』2017년 동계 국제학술대회, 53~54쪽, 전체 2쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2017.12.27

영문 초록

Subsidies are an instrumental policy making tool for many governments, but their importance depends on the market situation of the national economy. Efficient subsidy implementation would allow the government to correct market failure thereby aligning social and private costs and benefit. The general objective of this study is to justify the need to rationalise subsidies for food items such as flour. This study assessed the structure and conducts of the general purpose flour market in Malaysia; and analysed the impact of subsidies on market performance to recommend policies to increase market efficiency under the subsidy rationalisation program. To accomplish these objectives, the study adopted a microeconomics market analysis as well as the standard structure and performance analysis method. These two approaches showed the characteristics of an industry’s consumer behaviour, competition, as well as the efficiency associated with government regulatory policies on the flour industry. One of the biggest influences on the domestic market is related to the food consumption behaviour of the general population. Food consumption behaviour reflects global trends. As income rises, food trends tend to be consumed in processed form or in such a way that adds value in another manner such as the preparation of food products.

목차

Abstract

1. Introduction

2. Methodology

References

키워드

Subsidies Policy Rationalise Flour Malaysia