Export stability of crude palm oil in Indonesia

  • Dede Redha Roylita Faculty of Economics and Business, Universitas Syiah Kuala, Indonesia
  • Aliasuddin, Vivi Silvia Department of Economics, Faculty of Economics and Business, Universitas Syiah Kuala, Indonesia

Abstract

This study aims to analyze the export stability of crude palm oil in Indonesia both on short and long-term basis during the time period of 2005: Q1 - 2017: Q4 by using the Autoregressive Distributed Lag (ARDL) model. The results showed that in long-term estimation only Indonesian crude palm oil production was giving a significant positive effect on Indonesia's crude palm oil export volume. In conclusion, the Indonesian government needs to diversify crude palm oil derivative products for additional value and addressing the crude palm oil dependency on foreign markets.
Published
2019-12-31
How to Cite
Redha Roylita, D., & Vivi Silvia, A. (2019). Export stability of crude palm oil in Indonesia. Opción, 35, 300-314. Retrieved from https://mail.produccioncientificaluz.org/index.php/opcion/article/view/30646
Issue
Vol. 35 (2019): Edición Especial Nro. 24
Section
Artículos