The analysis focuses on the export determination of crude palm oil (CPO) in Indonesia
DOI:
10.62941/irefi.v1i2.31Abstract
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
Keywords:
CPO Exports Production Internasional CPO price Exchange Rates CPO productionReferences
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