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Penganggaran Impak Pelaksanaan CBP ke atas Kos Pengeluaran dan Kos Sara Hidup di Malaysia

Author

Listed:
  • Hassan, Asan Ali Golam

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

  • Saari, Mohd Yusof

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

  • Utit, Chakrin

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

  • Hassan, Azman

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

  • Harun, Mukaramah

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

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.

Suggested Citation

  • Hassan, Asan Ali Golam & Saari, Mohd Yusof & Utit, Chakrin & Hassan, Azman & Harun, Mukaramah, 2016. "Penganggaran Impak Pelaksanaan CBP ke atas Kos Pengeluaran dan Kos Sara Hidup di Malaysia," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 50(2), pages 15-30.
    • Handle: RePEc:ukm:jlekon:v:50:y:2016:i:2:p:15-30
    DOI: http://dx.doi.org/10.17576/JEM-2016-5002-02
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    Cited by:

    1. Siti Nur’amalina Syeddin & Nor Zarina Mohd Salim & Hafini Suhana Ithnin & Noormahayu Mohd Nasir & Zarul Azhar Nasir, 2024. "Goods and Services Tax vs. Sales and Services Tax: Different Structures Impact on the Households’ Expenditure Pattern," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(9), pages 951-963, September.

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