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THE RELATIONS BETWEEN INTERNATIONAL CPO PRICES AND DOMESTIC PALM OIL PRICES: A CAUSALITY APPROACH

Economic Journal of Emerging Markets

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Title THE RELATIONS BETWEEN INTERNATIONAL CPO PRICES AND DOMESTIC PALM OIL PRICES: A CAUSALITY APPROACH
 
Creator Suprihanti, Antik
 
Description The objective of this research is to analyze the trend of the Crude Palm Oil (CPO) prices in international Market at Rotterdam–Holland for the next two (2) years and to analyze the relations between international CPO prices and domestic palm oil prices in Indonesia.. The researcher uses linier trend method to analyze the trend and Granger causality approach. The results of the research show that the trend of international CPO prices tends to increase in 2008 and 2009. The causality analysis shows that international CPO prices causes domestic palm oil prices in Indonesia, but it is not vice versa. The result also shows that there is a positive relations between these prices. The increasing international CPO prices causes the rising of domestic palm oil prices. Keywords:    Crude Palm Oil (CPO), palm oil, international prices trend, domestic prices, causality approach.
 
Publisher Universitas Islam Indonesia
 
Contributor
 
Date 2011-03-17
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier https://journal.uii.ac.id/JEP/article/view/2000
10.20885/ejem.v13i3.2000
 
Source Economic Journal of Emerging Markets; Volume 13 Issue 3, 2008: Indonesian Version
2502-180X
2086-3128
 
Language eng
 
Relation https://journal.uii.ac.id/JEP/article/view/2000/1756