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Rice industry in Malaysia: challenges, policies and implications

Rice is the second most important crop in the world after wheat, with Asia being the largest producer and consumer. The National Agrofood Policy of Malaysia, 2011-2012 (Dasar Agromakanan Negara, DAN) had highlighted that local rice production should be increased to ensure the country'sdemand in...

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গ্রন্থ-পঞ্জীর বিবরন
প্রধান লেখক: Rajamoorthy, Yogambigai, Abdul Rahim, Khalid, Munusamy, Subramaniam
বিন্যাস: প্রবন্ধ
ভাষা:English
প্রকাশিত: Elsevier 2015
অনলাইন ব্যবহার করুন:http://psasir.upm.edu.my/id/eprint/56447/1/56447.pdf
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id oai:psasir.upm.edu.my:56447
record_format eprints
spelling oai:psasir.upm.edu.my:56447 http://psasir.upm.edu.my/id/eprint/56447/ Rice industry in Malaysia: challenges, policies and implications Rajamoorthy, Yogambigai Abdul Rahim, Khalid Munusamy, Subramaniam Rice is the second most important crop in the world after wheat, with Asia being the largest producer and consumer. The National Agrofood Policy of Malaysia, 2011-2012 (Dasar Agromakanan Negara, DAN) had highlighted that local rice production should be increased to ensure the country'sdemand in future. However, to what extend this ensures food security in Malaysia was not supported empirically so far. The objective of this study is to estimate the future need of rice industry in Malaysia based on past performances. Using polynomial curve on historical production, consumption, export and import values from 1963 to 2013, this study has projected the production and consumption value for the 19-year period between 2012 and 2030. The results had revealed an increasing demand for rice with declining supply can be only off-set by import of rice in future. Elsevier 2015 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/56447/1/56447.pdf Rajamoorthy, Yogambigai and Abdul Rahim, Khalid and Munusamy, Subramaniam (2015) Rice industry in Malaysia: challenges, policies and implications. Procedia Economics and Finance, 31. pp. 861-867. ISSN 2212-5671 http://www.sciencedirect.com/science/article/pii/S2212567115011831 10.1016/S2212-5671(15)01183-1
institution UPM IR
collection UPM IR
language English
description Rice is the second most important crop in the world after wheat, with Asia being the largest producer and consumer. The National Agrofood Policy of Malaysia, 2011-2012 (Dasar Agromakanan Negara, DAN) had highlighted that local rice production should be increased to ensure the country'sdemand in future. However, to what extend this ensures food security in Malaysia was not supported empirically so far. The objective of this study is to estimate the future need of rice industry in Malaysia based on past performances. Using polynomial curve on historical production, consumption, export and import values from 1963 to 2013, this study has projected the production and consumption value for the 19-year period between 2012 and 2030. The results had revealed an increasing demand for rice with declining supply can be only off-set by import of rice in future.
format Article
author Rajamoorthy, Yogambigai
Abdul Rahim, Khalid
Munusamy, Subramaniam
spellingShingle Rajamoorthy, Yogambigai
Abdul Rahim, Khalid
Munusamy, Subramaniam
Rice industry in Malaysia: challenges, policies and implications
author_facet Rajamoorthy, Yogambigai
Abdul Rahim, Khalid
Munusamy, Subramaniam
author_sort Rajamoorthy, Yogambigai
title Rice industry in Malaysia: challenges, policies and implications
title_short Rice industry in Malaysia: challenges, policies and implications
title_full Rice industry in Malaysia: challenges, policies and implications
title_fullStr Rice industry in Malaysia: challenges, policies and implications
title_full_unstemmed Rice industry in Malaysia: challenges, policies and implications
title_sort rice industry in malaysia: challenges, policies and implications
publisher Elsevier
publishDate 2015
url http://psasir.upm.edu.my/id/eprint/56447/1/56447.pdf
_version_ 1819297646057095168
score 13.4562235

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