From waste to wealth: identifying the economic impact of the recycling sector in Malaysia
This paper assesses the economic impact of the recycling sector in Malaysia to gauge its potential for strengthening green-based economic growth in alignment with the Sustainable Development Goals (SDGs). This study employs a comparative impact assessment to analyse the input-output multiplier and l...
| Main Authors: | , , , |
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| Format: | Article |
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Univ. of Malaya
2021
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| Online Access: | http://psasir.upm.edu.my/id/eprint/97396/ |
| _version_ | 1848862588155199488 |
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| author | Utit, Chakrin Rosland, Anitha Saari, M Yusof Abd Rahman, Muhammad Daaniyall |
| author_facet | Utit, Chakrin Rosland, Anitha Saari, M Yusof Abd Rahman, Muhammad Daaniyall |
| author_sort | Utit, Chakrin |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | This paper assesses the economic impact of the recycling sector in Malaysia to gauge its potential for strengthening green-based economic growth in alignment with the Sustainable Development Goals (SDGs). This study employs a comparative impact assessment to analyse the input-output multiplier and linkages using the national input-output tables for 2005, 2010 and 2015. Our results indicate that the recycling sector has high potential to transform waste to wealth from which its value-added multiplier is sufficiently high and is also reinforced with high spillover effects. The recycling sector is identified as a strategic sector, where approximately 70% of its products are embodied in intermediate demand. This sector conforms to circular economy practices as other sectors in the economy are utilising recyclables for remanufacturing purposes. The value-added footprint level of the recycling sector also shows an increasing trend that implies its growing importance in supporting the growth of other production sectors in the economy. At the sectoral level, most of the recyclables are utilised by the Wholesale and Retail Trade sector. Hence, our work emphasises the importance of prioritising the recycling sector in development plans, as well as improving and strengthening the backward linkages between the recycling sector with other production sectors. |
| first_indexed | 2025-11-15T13:19:24Z |
| format | Article |
| id | upm-97396 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-15T13:19:24Z |
| publishDate | 2021 |
| publisher | Univ. of Malaya |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-973962024-07-12T08:00:06Z http://psasir.upm.edu.my/id/eprint/97396/ From waste to wealth: identifying the economic impact of the recycling sector in Malaysia Utit, Chakrin Rosland, Anitha Saari, M Yusof Abd Rahman, Muhammad Daaniyall This paper assesses the economic impact of the recycling sector in Malaysia to gauge its potential for strengthening green-based economic growth in alignment with the Sustainable Development Goals (SDGs). This study employs a comparative impact assessment to analyse the input-output multiplier and linkages using the national input-output tables for 2005, 2010 and 2015. Our results indicate that the recycling sector has high potential to transform waste to wealth from which its value-added multiplier is sufficiently high and is also reinforced with high spillover effects. The recycling sector is identified as a strategic sector, where approximately 70% of its products are embodied in intermediate demand. This sector conforms to circular economy practices as other sectors in the economy are utilising recyclables for remanufacturing purposes. The value-added footprint level of the recycling sector also shows an increasing trend that implies its growing importance in supporting the growth of other production sectors in the economy. At the sectoral level, most of the recyclables are utilised by the Wholesale and Retail Trade sector. Hence, our work emphasises the importance of prioritising the recycling sector in development plans, as well as improving and strengthening the backward linkages between the recycling sector with other production sectors. Univ. of Malaya 2021-06 Article PeerReviewed Utit, Chakrin and Rosland, Anitha and Saari, M Yusof and Abd Rahman, Muhammad Daaniyall (2021) From waste to wealth: identifying the economic impact of the recycling sector in Malaysia. Malaysian Journal of Economic Studies, 58 (1). 125 - 143. ISSN 1511-4554 https://mjes.um.edu.my/index.php/MJES/article/view/30299 10.22452/mjes.vol58no1.7 |
| spellingShingle | Utit, Chakrin Rosland, Anitha Saari, M Yusof Abd Rahman, Muhammad Daaniyall From waste to wealth: identifying the economic impact of the recycling sector in Malaysia |
| title | From waste to wealth: identifying the economic impact of the recycling sector in Malaysia |
| title_full | From waste to wealth: identifying the economic impact of the recycling sector in Malaysia |
| title_fullStr | From waste to wealth: identifying the economic impact of the recycling sector in Malaysia |
| title_full_unstemmed | From waste to wealth: identifying the economic impact of the recycling sector in Malaysia |
| title_short | From waste to wealth: identifying the economic impact of the recycling sector in Malaysia |
| title_sort | from waste to wealth: identifying the economic impact of the recycling sector in malaysia |
| url | http://psasir.upm.edu.my/id/eprint/97396/ http://psasir.upm.edu.my/id/eprint/97396/ http://psasir.upm.edu.my/id/eprint/97396/ |