Since 2014
Fix- or flex-price behavior?: evidence from the Malaysian manufacturing sector
Philippine Review of Economics
View Archive Info| Field | Value | |
| Title |
Fix- or flex-price behavior?: evidence from the Malaysian manufacturing sector
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| Creator |
Saari, M. Yusof; University of Groningen
Zakariah, A.R.; Universiti Putra Malaysia |
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| Subject |
input-output; fix price; flex price; residual profits
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| Description |
Industries can be classified into fix-price and flex-price sectors according to their pricing behavior. Although Hicks [1985] and Morishima [1984] have broadly classified manufacturing industries into fix-price and the rest of the economy into flex-price, using the cost-based input-output model, the present paper reclassifies the Malaysian manufacturing industries into fix-price and flex-price categories. By compiling annual sectoral price indices, both for intermediate and primary inputs, the paper found that most of the flex-price manufacturing industries are from non-agro-based industries whereas most of the fix-price industries are from agro-based industries. JEL classification: D4
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| Publisher |
Philippine Review of Economics
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| Contributor |
—
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| Date |
2007-12-05
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/492
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| Source |
Philippine Review of Economics; Vol 44, No 2 (2007)
1655-1516 |
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| Language |
eng
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| Relation |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/492/632
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| Rights |
Copyright (c) 2017 Philippine Review of Economics
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