Elasticity and competitiveness of Indonesia’s palm oil export in India market
Economic Journal of Emerging Markets
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Title |
Elasticity and competitiveness of Indonesia’s palm oil export in India market
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Creator |
Dewanta, Awan Setya; Department of Economics, Universitas Islam Indonesia, Yogyakarta, Indonesia
Arfani, Riza Noer; Graduate School of International Relations, Ritsumeikan University, Kyoto, Japan Erfita, Erfita; Department of Economics, Universitas Islam Indonesia, Yogyakarta, Indonesia |
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Subject |
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Elasticity, Competitiveness, ECM, RCA, palm oil — |
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Description |
This study examines the elasticity and competitiveness of Indonsia’s palm oil export in the India market, 1990 -2014. The methods used are Error Correction Model (ECM) and Revealed Comparative Advantage (RCA) approach. The results shows that the price is inelastic in short-term but it is elastic in long-term. The income and exchange rate are elastic in the long-term. There is also a decline in competitiveness in the market India. These findings also demonstrate that palm oil is normal goods and can be easily substituted with the same products of other countries or other vegetable oils. It threatens the Indonesian palm oil competitiveness in the Indian market.
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Publisher |
Universitas Islam Indonesia
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Contributor |
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Date |
2016-10-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article — |
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Format |
application/pdf
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Identifier |
http://journal.uii.ac.id/index.php/JEP/article/view/6218
10.20885/ejem.vol8.iss2.art7 |
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Source |
Economic Journal of Emerging Markets; Volume 8 Issue 2, 2016; 148-158
2502-180X 2086-3128 |
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Language |
eng
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Relation |
http://journal.uii.ac.id/index.php/JEP/article/view/6218/5767
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Coverage |
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Rights |
Copyright (c) 2016 Economic Journal of Emerging Markets
http://creativecommons.org/licenses/by-sa/4.0 |
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