scholarly journals Domestic Fuel Price and Economic Sectors in Malaysia

2011 ◽  
Vol 3 (1) ◽  
pp. 28-41
Author(s):  
Hui-Siang JEE Brenda ◽  
Chin-Hong PUAH . ◽  
Shazali ABU MANSOR .

This study empirically examines the relation between the domestic fuel prices with the ten disaggregated economic sectors in Malaysia with the spanning of data from 1990:Q1 to 2007:Q4. We found that only three sectors (agriculture, trade and other services sectors) are cointegrated with the fuel price and fuel price does Granger cause these sectors. Despite the evidence of non-cointegrated in most of the economic sectors, fuel price able to influence these sectors over a longer period. Policy recommendation from this study includes the utilization of the renewable energy (RE) as a strategic plan is the long-term solution due to the high dependency and increasing demand of energy. While energy prices have experienced some correction in response to signs of slower global growth, sufficient government enforcement and support need to be established to facilitate successful renewable energy implementation in Malaysia.

2019 ◽  
Vol 124 ◽  
pp. 04023 ◽  
Author(s):  
V. Elistratov ◽  
I. Kudryasheva

The article describes the principles of creation, management and economics of power complexes based on renewable energy sources for decentralized power supply. The introduction of energy complexes based on renewable energy sources can compete with the centralized power supply of the regions by increasing energy security and reducing the risks of major accidents and disasters. Long-term contracts for the electricity supply can be a reliable and economical insurance in case of rising fuel prices in the long term.


2020 ◽  
Vol 20 (194) ◽  
Author(s):  
Kangni Kpodar ◽  
Patrick Imam

While many developing countries limit the international fuel price pass through to domestic fuel prices, others do not. Against this backdrop, we examine the factors that determine whether governments allow international fuel price changes to be passed through to domestic prices in developing countries using a dataset spanning 109 developing countries from 2000 to 2014. The paper finds that the pass-through is higher when changes in international prices are moderate and less volatile. In addition, the flexibility of the pricing mechanism allows for higher pass-through while exchange rate depreciation and lower retail fuel prices in neighboring countries inhibit it. The econometric results also underscore the fact that countries with inflation tend to experience lower pass-through, whereas those with high public debt exhibit larger pass-through. Finally, no evidence is found that political variables or environmental policies matter with regard to fuel price dynamics in the short-term. These findings, which are consistent across fuel products (gasoline, diesel and kerosene), allow us to draw important policy lessons for fuel subsidy reforms.


Energy transition from a carbon energy driven world to a decarbonized world (H2) is essential for the living for our next generations. Our existing energy source with contents in the beginning (1850) nearly only the element C are used with all their consequences for the burning process and environmental impact. Nowadays the C element in our present energy sources are getting less and less. The environmental impact using fossil energy is huge and with the climate change more and more deadly for the inhabitants on the earth. Producing H2 as a sustainable and renewable energy is only possible using renewable energy sources like PV, Wind, Hydro, Biomass. With today's technology and the constant falling energy prices since the last 20 years H2 is now an alternative secondary energy source for a substitute for fossil sources. Using H2 will give new and unique business advantages. With these business advantages, new and innovative business models can be designed and developed. These novel approaches can be very sensitive to external influences. This destructives situations are making these BM very fragile. Finding ways to stabilize these on a long term without aid from the outside the key for success are new innovative technologies and new innovative BM.


Subject Fuel price liberalisation. Significance The liberalisation of Mexican fuel prices this month has seen a sharp increase in pump prices. In a televised address on January 5, President Enrique Pena Nieto said that his government would not reverse the price jump, despite protests throughout the country that have often become violent. Impacts Competition between distributors will take time to develop, precluding any short-term price reductions. The National Action Party (PAN) or the National Regeneration Movement (MORENA) may take the presidency in 2018. Uncertainty on whether prices may be artificially lowered by the next government may deter long-term investments in the fuel market.


Significance Disputes about fuel prices, as well as Belarusian concerns about Moscow's treatment of Ukraine, have marred the long-term Belarusian-Russian alignment. As head of the weaker state, Belarusian President Alexander Lukashenka has limited room for manoeuvre but has complained about Russia's behaviour and reversed his previous anti-Western stance, offering engagement and investment opportunities to EU states. Impacts Greater US and European willingness to engage with Moscow may undermine Belarusian attempts to emerge as a separate interlocutor. Stable or rising global energy prices will change the calculations in bilateral oil and gas disputes. The Eurasian Economic Union will struggle to develop integration because of suspicions about Moscow's intentions towards fellow members.


2020 ◽  
Vol 1 (2) ◽  
pp. 189-193
Author(s):  
Aisha Naiga ◽  
Loyola Rwabose Karobwa

Over 90% of Uganda's power is generated from renewable sources. Standardised Implementation Agreements and Power Purchase Agreements create a long-term relationship between Generating Companies and the state-owned off-taker guaranteed by Government. The COVID-19 pandemic and measures to curb the spread of the virus have triggered the scrutiny and application of force majeure (FM) clauses in these agreements. This article reviews the FM clauses and considers their relevance. The authors submit that FM clauses are a useful commercial tool for achieving energy justice by ensuring the continuity of the project, despite the dire effects of the pandemic. Proposals are made for practical considerations for a post-COVID-19 future which provides the continued pursuit of policy goals of promoting renewable energy sources and increasing access to clean energy, thus accelerating just energy transitions.


Author(s):  
Rodrigo Cueva ◽  
Guillem Rufian ◽  
Maria Gabriela Valdes

The use of Customer Relationship Managers to foster customers loyalty has become one of the most common business strategies in the past years.  However, CRM solutions do not fill the abundance of happily ever-after relationships that business needs, and each client’s perception is different in the buying process.  Therefore, the experience must be precise, in order to extend the loyalty period of a customer as much as possible. One of the economic sectors in which CRM’s have improved this experience is retailing, where the personalized attention to the customer is a key factor.  However, brick and mortar experiences are not enough to be aware in how environmental changes could affect the industry trends in the long term.  A base unified theoretical framework must be taken into consideration, in order to develop an adaptable model for constructing or implementing CRMs into companies. Thanks to this approximation, the information is complemented, and the outcome will increment the quality in any Marketing/Sales initiative. The goal of this article is to explore the different factors grouped by three main domains within the impact of service quality, from a consumer’s perspective, in both on-line and off-line retailing sector.  Secondly, we plan to go a step further and extract base guidelines about previous analysis for designing CRM’s solutions focused on the loyalty of the customers for a specific retailing sector and its product: Sports Running Shoes.


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