Impact of Roundtable on Sustainable Palm Oil (RSPO) Certification on The Indonesian CPO Exports to The Destination Countries
Palm oil is one of the plantation commodities that has an important role in economic contribution in Indonesia because of its ability to produce vegetable oil which is essential for industrial sector. The potential development of Indonesia's palm oil exports is high considering the benefits der...
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| Format: | Artikel |
| Sprache: | English |
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Universitas Gadjah Mada, Yogyakarta
2020-09-01
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| Schriftenreihe: | Agro Ekonomi |
| Schlagworte: | |
| Online Zugang: | https://jurnal.ugm.ac.id/jae/article/view/54559 |
| _version_ | 1827375654279053312 |
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| author | Fachry Husein Rosyadi Dwidjono Hadi Darwanto Jangkung Handoyo Mulyo |
| author_facet | Fachry Husein Rosyadi Dwidjono Hadi Darwanto Jangkung Handoyo Mulyo |
| author_sort | Fachry Husein Rosyadi |
| collection | DOAJ |
| description | Palm oil is one of the plantation commodities that has an important role in economic contribution in Indonesia because of its ability to produce vegetable oil which is essential for industrial sector. The potential development of Indonesia's palm oil exports is high considering the benefits derived from these products. Therefore, there is a need to ensure that CPO products have a sustainable nature, one of which is that CPO products must be RSPO certified. This study analyzes how the influence of various factors that can affect Indonesia's CPO exports, one of which is RSPO certification using panel regression with the basic gravity model. The data which is used in this research is panel data in the form of time series for 20 years with cross sections from five major importing during 1999-2018. The analysis shows that the exchange rate and the RSPO significantly and positively affect Indonesia's CPO exports, while the population of the importing country has a significant and negative effect. This confirms that the presence of RSPO certified products will increase Indonesian CPO exports to major importing countries. Although the RSPO has an effect on Indonesia's CPO exports, there are still a number of indicators from it, in which, Indonesia has not been able to fulfill. That indicator can be used as a material for consideration to be adopted in national certifications such as ISPO so that Indonesian CPO products can be perceived to be sustainable so that they can reach wider export markets. |
| first_indexed | 2024-03-08T11:56:07Z |
| format | Article |
| id | doaj.art-24e4f6e3b77d4b9cab1285b51ff7780e |
| institution | Directory Open Access Journal |
| issn | 0215-8787 2541-1616 |
| language | English |
| last_indexed | 2024-03-08T11:56:07Z |
| publishDate | 2020-09-01 |
| publisher | Universitas Gadjah Mada, Yogyakarta |
| record_format | Article |
| series | Agro Ekonomi |
| spelling | doaj.art-24e4f6e3b77d4b9cab1285b51ff7780e2024-01-24T03:54:31ZengUniversitas Gadjah Mada, YogyakartaAgro Ekonomi0215-87872541-16162020-09-01311304510.22146/ae.5455926914Impact of Roundtable on Sustainable Palm Oil (RSPO) Certification on The Indonesian CPO Exports to The Destination CountriesFachry Husein Rosyadi0Dwidjono Hadi Darwanto1Jangkung Handoyo Mulyo2Department of Agricultural Socio-Economics, Faculty of Agriculture, Universitas Gadjah MadaDepartment of Agricultural Socio-Economics, Faculty of Agriculture, Universitas Gadjah MadaDepartment of Agricultural Socio-Economics, Faculty of Agriculture, Universitas Gadjah MadaPalm oil is one of the plantation commodities that has an important role in economic contribution in Indonesia because of its ability to produce vegetable oil which is essential for industrial sector. The potential development of Indonesia's palm oil exports is high considering the benefits derived from these products. Therefore, there is a need to ensure that CPO products have a sustainable nature, one of which is that CPO products must be RSPO certified. This study analyzes how the influence of various factors that can affect Indonesia's CPO exports, one of which is RSPO certification using panel regression with the basic gravity model. The data which is used in this research is panel data in the form of time series for 20 years with cross sections from five major importing during 1999-2018. The analysis shows that the exchange rate and the RSPO significantly and positively affect Indonesia's CPO exports, while the population of the importing country has a significant and negative effect. This confirms that the presence of RSPO certified products will increase Indonesian CPO exports to major importing countries. Although the RSPO has an effect on Indonesia's CPO exports, there are still a number of indicators from it, in which, Indonesia has not been able to fulfill. That indicator can be used as a material for consideration to be adopted in national certifications such as ISPO so that Indonesian CPO products can be perceived to be sustainable so that they can reach wider export markets.https://jurnal.ugm.ac.id/jae/article/view/54559cpoexportgravity modelpanel datarspo |
| spellingShingle | Fachry Husein Rosyadi Dwidjono Hadi Darwanto Jangkung Handoyo Mulyo Impact of Roundtable on Sustainable Palm Oil (RSPO) Certification on The Indonesian CPO Exports to The Destination Countries Agro Ekonomi cpo export gravity model panel data rspo |
| title | Impact of Roundtable on Sustainable Palm Oil (RSPO) Certification on The Indonesian CPO Exports to The Destination Countries |
| title_full | Impact of Roundtable on Sustainable Palm Oil (RSPO) Certification on The Indonesian CPO Exports to The Destination Countries |
| title_fullStr | Impact of Roundtable on Sustainable Palm Oil (RSPO) Certification on The Indonesian CPO Exports to The Destination Countries |
| title_full_unstemmed | Impact of Roundtable on Sustainable Palm Oil (RSPO) Certification on The Indonesian CPO Exports to The Destination Countries |
| title_short | Impact of Roundtable on Sustainable Palm Oil (RSPO) Certification on The Indonesian CPO Exports to The Destination Countries |
| title_sort | impact of roundtable on sustainable palm oil rspo certification on the indonesian cpo exports to the destination countries |
| topic | cpo export gravity model panel data rspo |
| url | https://jurnal.ugm.ac.id/jae/article/view/54559 |
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