Zainalabidin Mohamed, Eddie Chiew Fook Chong and Mad Nasir Shamsudin
Pertanika Journal of Social Science and Humanities, Volume 3, Issue 2, September 1995
Keywords: Sheep, comparative advantage, domestic resource cost, nominal protection rates, effective protection rates
Published on:
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 NPR. 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.
ISSN 0128-7702
e-ISSN 2231-8534
Recent Articles