Impact of Different Importation Policies Scenarios on Beef Industry in Peninsular Malaysia
The supply side of beef industry has not responded well to the rising demand for beef. This industry is still highly dependent on imported beef and feeder cattle for beef production to meet the local demand. The objective of this study is to analyse the impacts of different importation policy scenar...
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Universitas Muhammadiyah Yogyakarta
2021
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oai:doaj.org-article:8a63f63cee6c475791739daa42d6ecd02021-12-02T16:13:58ZImpact of Different Importation Policies Scenarios on Beef Industry in Peninsular Malaysia2407-814X2527-923810.18196/agraris.v7i1.10540https://doaj.org/article/8a63f63cee6c475791739daa42d6ecd02021-01-01T00:00:00Zhttps://journal.umy.ac.id/index.php/ag/article/view/10540https://doaj.org/toc/2407-814Xhttps://doaj.org/toc/2527-9238The supply side of beef industry has not responded well to the rising demand for beef. This industry is still highly dependent on imported beef and feeder cattle for beef production to meet the local demand. The objective of this study is to analyse the impacts of different importation policy scenarios on beef industry in Peninsular Malaysia. A simulation model that based on estimated market model is used to analyse the policy. The findings imply that the number of import cattle for breeding (ICTB) should be maintained, while import of cattle for slaughter or feeder cattle should be increased by 20%. This will improve beef self-sufficiency level while stabilizing beef retail price.Mark BudaZainalabidin MohamedUniversitas Muhammadiyah Yogyakartaarticlebeef industry, cattle importation, market model, policy simulationAgricultureSAgriculture (General)S1-972BusinessHF5001-6182ENAgraris: Journal of Agribusiness and Rural Development Research, Vol 7, Iss 1, Pp 24-35 (2021) |
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beef industry, cattle importation, market model, policy simulation Agriculture S Agriculture (General) S1-972 Business HF5001-6182 |
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beef industry, cattle importation, market model, policy simulation Agriculture S Agriculture (General) S1-972 Business HF5001-6182 Mark Buda Zainalabidin Mohamed Impact of Different Importation Policies Scenarios on Beef Industry in Peninsular Malaysia |
description |
The supply side of beef industry has not responded well to the rising demand for beef. This industry is still highly dependent on imported beef and feeder cattle for beef production to meet the local demand. The objective of this study is to analyse the impacts of different importation policy scenarios on beef industry in Peninsular Malaysia. A simulation model that based on estimated market model is used to analyse the policy. The findings imply that the number of import cattle for breeding (ICTB) should be maintained, while import of cattle for slaughter or feeder cattle should be increased by 20%. This will improve beef self-sufficiency level while stabilizing beef retail price. |
format |
article |
author |
Mark Buda Zainalabidin Mohamed |
author_facet |
Mark Buda Zainalabidin Mohamed |
author_sort |
Mark Buda |
title |
Impact of Different Importation Policies Scenarios on Beef Industry in Peninsular Malaysia |
title_short |
Impact of Different Importation Policies Scenarios on Beef Industry in Peninsular Malaysia |
title_full |
Impact of Different Importation Policies Scenarios on Beef Industry in Peninsular Malaysia |
title_fullStr |
Impact of Different Importation Policies Scenarios on Beef Industry in Peninsular Malaysia |
title_full_unstemmed |
Impact of Different Importation Policies Scenarios on Beef Industry in Peninsular Malaysia |
title_sort |
impact of different importation policies scenarios on beef industry in peninsular malaysia |
publisher |
Universitas Muhammadiyah Yogyakarta |
publishDate |
2021 |
url |
https://doaj.org/article/8a63f63cee6c475791739daa42d6ecd0 |
work_keys_str_mv |
AT markbuda impactofdifferentimportationpoliciesscenariosonbeefindustryinpeninsularmalaysia AT zainalabidinmohamed impactofdifferentimportationpoliciesscenariosonbeefindustryinpeninsularmalaysia |
_version_ |
1718384361079832576 |