Proceedings of 13th Asian Business Research Conference

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Proceedings of 13th Asian Business Research Conference

26 - 27 December, 2015, BIAM Foundation, Dhaka, Bangladesh, ISBN: 978-1-922069-93-1

Identification of Key Industries: An Effective Selection Criterion

Abul Quasem Al-Amin*

Within a process of modeling exercise, this study aimed to understand the appreciate selection criteria to identify key industries. There are many key sector identification measures in the subject matter, and the sensitivity issue among them can be tricky because many of these linkage measures differ only slightly but can result in outcomes that are quite dissimilar. With this background, we proposed an alternate approach that helps to resolve this issue.

The proposed approach is utilized in the study by five sub-methods and the frequency of their occurrences to determine the key sectors. The study approach is applied to Malaysian perspective as the public sector investment still remains a large share in the national economy like other developing countries, and the correct identification is still a challenge for sectoral planning.

The experiences from this study can be used to guide appropriate public investment in Malaysia and elsewhere with similar economic forms.

JEL Codes: O14, C67, F21, R11.

*Assoc. Prof. Abul Quasem Al-Amin, International Business School (IBS), Universiti Teknologi Malaysia (UTM), 54100

Kuala Lumpur, Malaysia. Email: amin.cantt@gmail.com, abulquasem@utm.my

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