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Determinant factors of Indonesia palm oil export to major importing countries : An error correction model analysis
In modeling Indonesian pa;m oil international trade, dynamic econometric model which puts emphasis on cointegration and error correction is applied to develop a representative model captureing both long run and short run effects of changes in the model's variables and subsequently the nature of the import market. The import demand analysis observes that : (1) aggregate income is the principal factor that stimulates palm oil import demand of the main consumers, i.e. China, India and EU countries, and (2) the demand is elastic in the short and long run with high rate of adjustment. The export demand side examines effects of (1) the income and price changes to importer's preferences of palm oil from Indonesia and Malaysi, and (2) shifter in form of exported commodity , that is from crude palm oil (CPO) to processed palm oil (PPO). Indonesia's total export supply generates negative response toward any changes on price export. Such a response is justifield with hindsight that Indonesia as the largest producer of plam oil is also the massive consumer itself, and moreover, the commodity shifter from CPO to PPO. Palm oil import tariff imposes insufficient effect in distorting palm oil trade volumes. Consequently, reducing import tariff is less effective in rising the volume of imported palm oil, vis-a-vis, than if there are adjusments in aggregate income .Baca di tempat
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| EFI-55-1-2007 | PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | : Lembaga Penyelidikan Ekonomi dan Masyarakat FEUI |
|---|---|
| Edisi | - |
| Subjek | Export Error correction model Import Cointegration Palm oil trade |
| ISBN/ISSN | 0126155X |
| Klasifikasi | - |
| Deskripsi Fisik | - |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |