Estimating cost savings through adoption of the best-practice technique: Evidence from the Malaysian manufacturing sector

By using the input-output approach, this article attempts to estimate costs of production by using the 1978 vintage and best-practiced techniques, based on the vintage hypothesis that as time progresses and price rises, adopting the best-practice technique will give more cost saving and use less amo...

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Bibliographic Details
Main Authors: Abdullah Chik, Norlaila, Abdul Rashid, Zakariah, Saari, Mohd Yusof
Format: Article
Language:English
Published: Universiti Utara Malaysia 2007
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/590/1/Norlaila_Abdullah_Chik.pdf