Publication:
The Effects of Fuel Price Fluctuation on Household Income in Malaysia

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dc.contributor.authorRahim N.A.en_US
dc.contributor.authorYusoff Y.S.en_US
dc.contributor.authorIbrahim M.S.en_US
dc.date.accessioned2024-05-28T03:29:21Z
dc.date.available2024-05-28T03:29:21Z
dc.date.issued2020
dc.descriptionMalaysian Journal of Mathematical Sciences 14(S) December : 123 137 (2020) Special Issue: 2nd International Conference on Applied & Industrial Mathematics and Statistics 2019 (ICoAIMS 2019)en_US
dc.description.abstractThe removal of fuel subsidy has affected many Malaysians due to the increase in the cost of living and hence causing insufficient income to cover monthly expenditures. This study investigates the total, direct and indirect effects of fuel price fluctuations on household income in Malaysia due to subsidy removal. The data from the Household Expenditure Survey (HES) conducted by the Department of Statistics Malaysia was used in this study. The households were differentiated into three income groups, namely Top 20% (T20), Middle 40% (M40), and Bottom 40% (B40) which included the years 2009/ 2010, 2014, and 2016. Then, the partial equilibrium approach was used to investigate all effects. The effects were investigated for different incomes and ethnic groups. This study found that group B40 experienced the greatest indirect and total effect of fuel price fluctuations due to the subsidy removal. For the direct effect, there was not much difference seen among all income groups after the subsidy removal. Furthermore, the effects were found to be lower after the fuel subsidy removal for all ethnic groups. Thus, the findings could help the government in examining the policy of subsidy removal in order to successfully help the poor. Hence, this could improve the quality of life, especially for the income groups B40 and M40.en_US
dc.identifier.epage137
dc.identifier.issn1823-8343
dc.identifier.issueSpecial Issue
dc.identifier.spage123
dc.identifier.urihttps://einspem.upm.edu.my/journal/volume14sdecember.php
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/4433
dc.identifier.volume14
dc.language.isoenen_US
dc.publisherInstitute for Mathematical Research (INSPEM), Universiti Putra Malaysiaen_US
dc.relation.conference2nd International Conference on Applied & Industrial Mathematics and Statistics 2019 (ICoAIMS 2019)en_US
dc.relation.ispartofMalaysian Journal of Mathematical Sciencesen_US
dc.subjectFuel price fluctuation;en_US
dc.subjectincome group;en_US
dc.subjectpartial equilibrium;en_US
dc.subjectsubsidy removalen_US
dc.titleThe Effects of Fuel Price Fluctuation on Household Income in Malaysiaen_US
dc.typeArticleen_US
dspace.entity.typePublication

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