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Jurnal Ekonomi Malaysia

50 (2) 2016 15 – 30

Penganggaran Impak Pelaksanaan CBP ke atas Kos Pengeluaran dan Kos Sara Hidup di Malaysia
Estimating the Impact of GST Implementation on Cost of Production and Cost of Living in Malaysia

International Business School
Universiti Teknologi Malaysia
Jalan Sultan Yahya Petra (Jalan Semarak)
54100 Kuala Lumpur, Malaysia

asanali@ibs.utm.my

Institut Kajian Dasar Pertanian dan Makanan
Universiti Putra Malaysia
Putra Infoport
43400 Serdang, Selangor, Malaysia

mysaari@gmail.com

Institut Kajian Dasar Pertanian dan Makanan
Universiti Putra Malaysia
Putra Infoport
43400 Serdang, Selangor, Malaysia

uchakrin@gmail.com

Jabatan Ekonomi
Fakulti Ekonomi dan Pengurusan
Universiti Putra Malaysia
43400 Serdang, Selangor, Malaysia

azmanhs@upm.edu.my

Pusat Pengajian Ekonomi, Kewangan dan Perbankan
Universiti Utara Malaysia
06010 Sintok, Kedah, Malaysia

mukaramah@uum.edu.my

Abstract

The implementation of Goods and Services Tax (GST) is often attributed as the main cause of the rising prices of goods and services. The main objective of this study is to estimate the extent of GST implementation impact on the costs of production, which in turn have implication on households’ living costs. To achieve these objectives, the input-output price model is developed with modifications to take into account three different tax categories namely standard-rated supplies, zero-rated supplies and exempt supplies. The study finds that the implementation of the GST tends to benefit the economy. GST has the potential to reduce the prices of goods and services by 7.4% compared to only 2.0% expected price increase. The impact of this 5.4% price reduction not only increases the purchasing power of household but also has the potential to narrow the consumption gap between ethnic groups and income classes. However, the actual benefits to the economy depending on the compliance rates of industries to the GST system.

Keywords

Goods and Services Tax (GST); input-Output; living cost; production cost
http://dx.doi.org/10.17576/JEM-2016-5002-02
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Hassan, , Saari, , Utit, , Hassan, , & Harun, (2016). Penganggaran Impak Pelaksanaan CBP ke atas Kos Pengeluaran dan Kos Sara Hidup di Malaysia. Jurnal Ekonomi Malaysia, 50(2), 15–30. http://dx.doi.org/10.17576/JEM-2016-5002-02

@article{hassan2016pengangguran,
  title={Penganggaran Impak Pelaksanaan CBP ke atas Kos Pengeluaran dan Kos Sara Hidup di Malaysia},
  author={Hassan, Asan Ali Golam and Saari, Mohd Yusof and Utit, Chakrin and Hassan, Azman and Harun, Mukaramah},
  journal={Jurnal Ekonomi Malaysia},
  volume={50},
  number={2},
  pages={15—30},
 

year={2016},
}

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