Estimation of national parameters for Peninsular Malaysia

Abstract

As indicated in section 4.2.2 the policy aims to be taken into account in the formal CBA framework consist of the following:

• to increase the level of aggregate comsumption; and

• to achieve a more equitable interpersonal and inter-ethnic distribution of income,

constrained by the condition that no redistribution of existing stakes in the economy takes place, but that the desirable redistribution must be achieved through differential increases of consumption levels of favoured groups compared with non-favoured groups (see also sections 2.6.2 and 2.6.3). This implies that these groups must be identified and the relative weight of increases in their levels of consumption established (see also appendix A, section 3.2).