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ECONOMIC IMPACTS OF OIL AND GAS INDUSTRY IN EAST COAST REGION MALAYSIA

Jurnal Ekonomi Malaysia

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Title ECONOMIC IMPACTS OF OIL AND GAS INDUSTRY IN EAST COAST REGION MALAYSIA
 
Creator Ibrahim, Kabiru Maji
Habibullah, Muzafar Shah
Saari, Mohd Yusof
Utit, Chakrin
Hamid, Nur Adilah
 
Subject Petroleum refinery; regional input-output; location quotient; value added; employment
C67; O13; R15
 
Description Oil and gas industry in Malaysia has created significant contribution to the Malaysian economy as a whole. However, the growth and development of the industry does not necessarily to bring considerable economic linkages to the local and neighboring economies where the industry is located, and thus fail to contribute to the economic diversification of local economies. This paper validates this expectation by examining the economic impacts of oil and gas industry in the state of Terengganu and Pahang. Regional input-output model that developed by using location quotient, has been used as the main methodology in this paper. Results are consistent with our expectation that the state of Terengganu does not benefit largely from the oil and gas industry but contributes more to the economic diversification for the state of Pahang. One of the explanations to this finding is that economic activities related to petroleum refinery and support services are outsourced to the state of Pahang. 
 
Publisher Universiti Kebangsaan Malaysia
 
Contributor —
 
Date 2018-10-11
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Identifier http://ejournal.ukm.my/jem/article/view/16555
 
Source Jurnal Ekonomi Malaysia; Vol 52, No 2 (2018): Jurnal Ekonomi Malaysia
0126-1962
 
Language en
 
Relation http://ejournal.ukm.my/jem/article/downloadSuppFile/16555/7683
 
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