The analysis focuses on the export determination of crude palm oil (CPO) in Indonesia

The study aims to determine the impact of international CPO prices, exchange rates and CPO production on the volume of Indonesia's CPO exports. The study utilizes secondary data gathered from the Central Statistical Agency Web, the Bank of Indonesia, and the World Bank, covering the period from 2001 to 2021. The obtained data was analyzed with Eviews 10. This study employs the Vector Error Correction Model (VECM) method for data analysis. The study's results indicate that the volume of CPO exports in the previous period only had a short-term influence on the CPO export volume variable. The international CPO price variable has no negative effect in the long term, and in the short term, international CPO prices have no significant positive effect on the export volume of Indonesian CPO

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Publication Details

Journal
International Review of Economics and Financial Issues.
Published
2024-10-31
DOI
https://doi.org/10.62941/irefi.v1i2.31
Primary Topic
Oil Palm Production and Sustainability
Type
article
Field-Weighted Citation Impact
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article

The analysis focuses on the export determination of crude palm oil (CPO) in Indonesia

Nurjannah Nurjannah, Iskandar Iskandar, Lidya Ariska
International Review of Economics and Financial Issues.
Oil Palm Production and Sustainability
article

The analysis focuses on the export determination of crude palm oil (CPO) in Indonesia

Nurjannah Nurjannah, Iskandar Iskandar, Lidya Ariska
article en

Abstract

The study aims to determine the impact of international CPO prices, exchange rates and CPO production on the volume of Indonesia's CPO exports. The study utilizes secondary data gathered from the Central Statistical Agency Web, the Bank of Indonesia, and the World Bank, covering the period from 2001 to 2021. The obtained data was analyzed with Eviews 10. This study employs the Vector Error Correction Model (VECM) method for data analysis. The study's results indicate that the volume of CPO exports in the previous period only had a short-term influence on the CPO export volume variable. The international CPO price variable has no negative effect in the long term, and in the short term, international CPO prices have no significant positive effect on the export volume of Indonesian CPO

International Review of Economics and Financial Issues.Vol. 1(2)
Samudra University (ID)
Openalex Percentile: Top 75%
Oil Palm Production and Sustainability
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