Environmental regulation: the welfare cost of B0D (Biochemical Oxygen Demand) limitations in the palm oil industry

Khalid Abdul Rahim, . Environmental regulation: the welfare cost of B0D (Biochemical Oxygen Demand) limitations in the palm oil industry. pp. 17-38.

The Malaysian palm oil industry is the chief contributor to the nations economy. Despite all the successes the palm oil industry has achieved in the international arena domestic problems arising from the rapid development of the industry has had serious consequences on the natural environment. It has been singled out as the most polluting agro-based industry and thus environmental regulation governing its effluent discharge in processing has been enforced. The impacts of this regulation on the welfare of the polluter the consumer and the resource owner in terms of changes in economic surpluses are evaluated using a vertically integrated market model. Results support the hypotheses about these effects have been rather small for the crude palm oil procucers who are directly regulated. The impacts are passed on to refiners and the suppliers of raw materials

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Abstract

The Malaysian palm oil industry is the chief contributor to the nations economy. Despite all the successes the palm oil industry has achieved in the international arena domestic problems arising from the rapid development of the industry has had serious consequences on the natural environment. It has been singled out as the most polluting agro-based industry and thus environmental regulation governing its effluent discharge in processing has been enforced. The impacts of this regulation on the welfare of the polluter the consumer and the resource owner in terms of changes in economic surpluses are evaluated using a vertically integrated market model. Results support the hypotheses about these effects have been rather small for the crude palm oil procucers who are directly regulated. The impacts are passed on to refiners and the suppliers of raw materials

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Item Type:	Article
Additional Information:	6 tables; 14 ref.; Summaries (En Ms)
AGROVOC Term:	CONTROL DE LA CONTAMINACION
AGROVOC Term:	INDUSTRIA DEL ACEITE
AGROVOC Term:	ACEITES DE PALMAS
AGROVOC Term:	REGLAMENTACIONES/ MEDIO AMBIENTE
Depositing User:	Ms. Norfaezah Khomsan
Last Modified:	24 Apr 2025 05:56
URI:	http://webagris.upm.edu.my/id/eprint/20451

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