Record Details

Dampak Kenaikan Harga Minyak Bumi terhadap Ketersediaan Minyak Goreng Sawit Domestik

Jurnal Ekonomi dan Pembangunan Indonesia

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Field Value
 
Title Dampak Kenaikan Harga Minyak Bumi terhadap Ketersediaan Minyak Goreng Sawit Domestik
 
Creator Hartoyo, Sri
Intan K.P., Eka
Novindra, Novindra
Hastuty, Hastuty
 
Subject economics
palm oil demand, crude oil price, simultaneous equations, biofuels
C32, 013
 
Description This paper attempts to examine the impact of rising fossil fuel prices on the increasing impact on the demand of alternative fuels (biofuels), and its impact on food availability in Indonesia. An econometric model using simultaneous equations is employed. An increase in world crude oil price for 0,192 percent caused the price of real Indonesian palm oil export raised by 10,64 percent. Consequently, a larger biodiesel production is needed to meet their crease of world's consumer demand for biodiesel. Also, with the increase in real export price of Indonesian palm oil, it will encourage palm oil producers to push their export volume. Indonesian palm oil exporter expected to increase by 6,37 percent to finally push the domestic CPO price increase for 1,85 percent. Rising domestic oil prices are causing oil demand in the palm oil industry to decline by 0,49 percent and in the end resulting in the decline of palm oil production by 1,56 percent.
 
Publisher Department of Economics-FEB UI
 
Contributor —
 
Date 2011-01-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
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Format application/pdf
 
Identifier http://jepi.fe.ui.ac.id/index.php/JEPI/article/view/188
10.21002/jepi.v11i2.188
 
Source Jurnal Ekonomi dan Pembangunan Indonesia; Vol 11, No 2 (2011): Januari; 169-179
2406-9280
1411-5212
 
Language eng
 
Relation http://jepi.fe.ui.ac.id/index.php/JEPI/article/view/188/101
 
Coverage Indonesia
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