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This research aims to identify the factors that affect demand for Indonesian palm oil exports to its six major trading partners in relation to the trend of global biofuel use. And to know the causal relationship between world prices movements of crude oil and palm oil. Causal relationships were tested with Granger causalities test, using monthly time series data for the 2001-2008 time periods. Export demand model were estimated with random effect model (REM) using annual panel data for the 2001-2008 time period. Granger test results that world crude oil price movements cause the movement in world palm oil prices. Palm oil export were found that income elasticity was positive (0.79) and statistically significant. Real exchange rate elasticity was positive (0:39) and also statistically significant. World crude oil price elasticity was positive (0.0046) and significant, means palm oil were substitutes for crude oil. Bifofuels mandatory policies in the EU and the United States that began in 2003 significantly affect positively the increase of demand for Indonesian palm oil exports. Ada tabel
| Call Number | Location | Available |
|---|---|---|
| 7119 | PSB lt.2 - Karya Akhir | 1 |
| Penerbit | Depok: Program Studi Ilmu Ekonomi Fakultas Ekonomi Universitas Indonesia 2010 |
|---|---|
| Edisi | - |
| Subjek | International trade Exports Petroleum prices Oil palm Biofuel |
| ISBN/ISSN | - |
| Klasifikasi | - |
| Deskripsi Fisik | xvi, 76 p. : diagr ; 30 cm |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |