Hollanda Hastalığı: Endonezya-Palm Yağı Örneği(Dutch Disease: The Case of Indonesia-Palm Oil)
Palm oil emerges as an important raw material needed in many fields from food to chemical industry and energy sector. Indonesia is the largest palm oil producer in the world and has great potential to market this domestically and internationally. With a huge production capacity, the inability...
| Main Authors: | , |
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| Format: | Article |
| Language: | deu |
| Published: |
Celal Bayar University
2023-03-01
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| Series: | Yönetim ve Ekonomi |
| Subjects: |
| _version_ | 1797869310718246912 |
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| author | Selim ŞANLISOY Sevim Nurbanu YILDIZ |
| author_facet | Selim ŞANLISOY Sevim Nurbanu YILDIZ |
| author_sort | Selim ŞANLISOY |
| collection | DOAJ |
| description | Palm oil emerges as an important raw material needed in many fields from food to chemical
industry and energy sector. Indonesia is the largest palm oil producer in the world and has great
potential to market this domestically and internationally. With a huge production capacity, the
inability to effectively use income obtained from export of this product may have an adverse effect on
the economic growth rate. This issue is called the Dutch Disease in literature. In this study, it is
proposed that the validity of the Dutch Disease needs to be investigated asymmetrically in Indonesia
during the period of 2000:Q1-2021:Q4. Using “The Nonlinear Lag Distributed Autoregressive
Model” (NARDL) suggested by Shin et al. (2014), it is found that the positive shocks to palm oil price
have a positive impact on real effective exchange rate. The findings indicate that the Dutch Disease
hypothesis is valid in Indonesia. In this context, the income increase in Indonesia, leading to the
diversification of goods by transferring more resources especially to the high-tech manufacturing
industry, and the strengthening of the institutional structure, thus ensuring better management of
resources, and transferring more resources to education and science will provide a solution to the
Dutch Disease experienced in this country. |
| first_indexed | 2024-04-10T00:10:39Z |
| format | Article |
| id | doaj.art-0a4bf4cb66584e64b8ec6b8148853380 |
| institution | Directory Open Access Journal |
| issn | 1302-0064 |
| language | deu |
| last_indexed | 2024-04-10T00:10:39Z |
| publishDate | 2023-03-01 |
| publisher | Celal Bayar University |
| record_format | Article |
| series | Yönetim ve Ekonomi |
| spelling | doaj.art-0a4bf4cb66584e64b8ec6b81488533802023-03-16T09:07:20ZdeuCelal Bayar UniversityYönetim ve Ekonomi1302-00642023-03-0130113314910.18657/yonveek.1189146Hollanda Hastalığı: Endonezya-Palm Yağı Örneği(Dutch Disease: The Case of Indonesia-Palm Oil)Selim ŞANLISOYSevim Nurbanu YILDIZPalm oil emerges as an important raw material needed in many fields from food to chemical industry and energy sector. Indonesia is the largest palm oil producer in the world and has great potential to market this domestically and internationally. With a huge production capacity, the inability to effectively use income obtained from export of this product may have an adverse effect on the economic growth rate. This issue is called the Dutch Disease in literature. In this study, it is proposed that the validity of the Dutch Disease needs to be investigated asymmetrically in Indonesia during the period of 2000:Q1-2021:Q4. Using “The Nonlinear Lag Distributed Autoregressive Model” (NARDL) suggested by Shin et al. (2014), it is found that the positive shocks to palm oil price have a positive impact on real effective exchange rate. The findings indicate that the Dutch Disease hypothesis is valid in Indonesia. In this context, the income increase in Indonesia, leading to the diversification of goods by transferring more resources especially to the high-tech manufacturing industry, and the strengthening of the institutional structure, thus ensuring better management of resources, and transferring more resources to education and science will provide a solution to the Dutch Disease experienced in this country.indonesiadutch diseasepalm oilreal efective exchange rate |
| spellingShingle | Selim ŞANLISOY Sevim Nurbanu YILDIZ Hollanda Hastalığı: Endonezya-Palm Yağı Örneği(Dutch Disease: The Case of Indonesia-Palm Oil) Yönetim ve Ekonomi indonesia dutch disease palm oil real efective exchange rate |
| title | Hollanda Hastalığı: Endonezya-Palm Yağı Örneği(Dutch Disease: The Case of Indonesia-Palm Oil) |
| title_full | Hollanda Hastalığı: Endonezya-Palm Yağı Örneği(Dutch Disease: The Case of Indonesia-Palm Oil) |
| title_fullStr | Hollanda Hastalığı: Endonezya-Palm Yağı Örneği(Dutch Disease: The Case of Indonesia-Palm Oil) |
| title_full_unstemmed | Hollanda Hastalığı: Endonezya-Palm Yağı Örneği(Dutch Disease: The Case of Indonesia-Palm Oil) |
| title_short | Hollanda Hastalığı: Endonezya-Palm Yağı Örneği(Dutch Disease: The Case of Indonesia-Palm Oil) |
| title_sort | hollanda hastaligi endonezya palm yagi ornegi dutch disease the case of indonesia palm oil |
| topic | indonesia dutch disease palm oil real efective exchange rate |
| work_keys_str_mv | AT selimsanlisoy hollandahastalıgıendonezyapalmyagıornegidutchdiseasethecaseofindonesiapalmoil AT sevimnurbanuyildiz hollandahastalıgıendonezyapalmyagıornegidutchdiseasethecaseofindonesiapalmoil |