Industries can be classified into fixprice sectors according to their pricing behaviour. Although Hicks and Morishima have broadly classified manufacturing industries into fixprice and the rest of the economy into flexprice, using cost-based input-output models, the present paper reclassifies...

The World Trade Organization (WTO) will stage its ninth Ministerial Conference (MC9) in Bali, Indonesia, on 3-6 December 2013. The meeting comes at a critical juncture for the multilateral trade body, long mired in the Doha Round stalemate. Beyond offering a critical first test at...

The most immediate effects of energy price increase ripples in many production systems is traceable from the intermediate demand sector of an economy. In particular, the production of agriculture, manufacturing, services and several other sectors portray significant energy utilization in their...

Resulting from the collaborative efforts of the Economic Research Institute for ASEAN and East Asia (ERIA), the Universitas Pelita Harapan (UPH) and the World Trade Institute (WTI) at the University of Bern, this policy research initiative has sought to encourage comparative scholarship from...

Since the formation of the East Asian Summit (EAS) in 2005, Energy Market Integration (EMI) in East Asia has become one of the initiatives endorsed and actively promoted by EAS governments. Electricity market integration in East Asia is an important component of EMI. It is argued that an...

Subsidy rationalization efforts by governments remain constrained as many policy plans have been delayed based on argument that subsidy policies have objectives that go beyond economic rationale. This paper examines Malaysia’s energy subsidy experience, in terms of the direct and indirect...