Publication:
Assessing the Sectoral Economics Consequences of Carbon Price Using Price-Output Model Analysis

Simple item page
dc.citedby0
dc.contributor.authorSalim S.en_US
dc.contributor.authorMardhiah S.en_US
dc.contributor.authorMustapaen_US
dc.contributor.authorIndati S.en_US
dc.contributor.authorid59350403700en_US
dc.contributor.authorid59350054600en_US
dc.contributor.authorid57201436857en_US
dc.contributor.authorid59349827100en_US
dc.date.accessioned2025-03-03T07:45:38Z
dc.date.available2025-03-03T07:45:38Z
dc.date.issued2024
dc.description.abstractA carbon pricing policy is featured in the Twelfth Malaysia Plan as a considered measure for Malaysia to achieve its net-zero emissions goal by 2050.This study utilised price and output model analysis using Eora Multi-Region Input-Output Table 2016 (MRIO) database to assess the impact of carbon tax policy on price and output changes. The study reveals that the manufacturing sector is the most sensitive to the introduction of a carbon tax, with pronounced effects including a price escalation of 0.54% and a reduction in output of 0.81%. The ranks of sensitivity then followed by agriculture, services, mining and construction sector. the services sector presents a compelling opportunity for policymakers, offering a robust tax revenue stream while displaying lower vulnerability to the tax's effects. This observation underscores the importance of a strategic approach in carbon tax policy, where the potential for revenue generation is balanced against the differential impacts on sectoral vulnerability. This study provides an insightful information for policymakers to develop strategic plans to ensure a smooth transition towards carbon pricing policy and foster sustainable economic development. ? 2024 Institute of Physics Publishing. All rights reserved.en_US
dc.description.natureFinalen_US
dc.identifier.ArtNo12029
dc.identifier.doi10.1088/1755-1315/1395/1/012029
dc.identifier.issue1
dc.identifier.scopus2-s2.0-85205393081
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85205393081&doi=10.1088%2f1755-1315%2f1395%2f1%2f012029&partnerID=40&md5=2aaaba78b5364a8c3097b66fab1f10f9
dc.identifier.urihttps://irepository.uniten.edu.my/handle/123456789/36904
dc.identifier.volume1395
dc.publisherInstitute of Physicsen_US
dc.relation.ispartofAll Open Access; Gold Open Access
dc.sourceScopus
dc.sourcetitleIOP Conference Series: Earth and Environmental Science
dc.titleAssessing the Sectoral Economics Consequences of Carbon Price Using Price-Output Model Analysisen_US
dc.typeConference paperen_US
dspace.entity.typePublication
Files
Collections
SCOPUS