Elasticity and competitiveness of Indonesia’s palm oil export in India market
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...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Universitas Islam Indonesia
2016-10-01
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| Series: | Economic Journal of Emerging Markets |
| Subjects: | |
| Online Access: | https://jurnal.uii.ac.id/JEP/article/view/6218 |
| _version_ | 1827395889929388032 |
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| author | Awan Setya Dewanta Riza Noer Arfani Erfita Erfita |
| author_facet | Awan Setya Dewanta Riza Noer Arfani Erfita Erfita |
| author_sort | Awan Setya Dewanta |
| collection | DOAJ |
| 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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| first_indexed | 2024-03-08T18:41:24Z |
| format | Article |
| id | doaj.art-ee5254497f694b77b4f14e7c0e2c7e84 |
| institution | Directory Open Access Journal |
| issn | 2086-3128 2502-180X |
| language | English |
| last_indexed | 2024-03-08T18:41:24Z |
| publishDate | 2016-10-01 |
| publisher | Universitas Islam Indonesia |
| record_format | Article |
| series | Economic Journal of Emerging Markets |
| spelling | doaj.art-ee5254497f694b77b4f14e7c0e2c7e842023-12-29T06:55:59ZengUniversitas Islam IndonesiaEconomic Journal of Emerging Markets2086-31282502-180X2016-10-0182Elasticity and competitiveness of Indonesia’s palm oil export in India marketAwan Setya Dewanta0Riza Noer Arfani1Erfita Erfita2Department of Economics, Universitas Islam Indonesia, Yogyakarta, IndonesiaGraduate School of International Relations, Ritsumeikan University, Kyoto, JapanDepartment of Economics, Universitas Islam Indonesia, Yogyakarta, Indonesia 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. https://jurnal.uii.ac.id/JEP/article/view/6218ElasticityCompetitivenessECMRCApalm oil |
| spellingShingle | Awan Setya Dewanta Riza Noer Arfani Erfita Erfita Elasticity and competitiveness of Indonesia’s palm oil export in India market Economic Journal of Emerging Markets Elasticity Competitiveness ECM RCA palm oil |
| title | Elasticity and competitiveness of Indonesia’s palm oil export in India market |
| title_full | Elasticity and competitiveness of Indonesia’s palm oil export in India market |
| title_fullStr | Elasticity and competitiveness of Indonesia’s palm oil export in India market |
| title_full_unstemmed | Elasticity and competitiveness of Indonesia’s palm oil export in India market |
| title_short | Elasticity and competitiveness of Indonesia’s palm oil export in India market |
| title_sort | elasticity and competitiveness of indonesia s palm oil export in india market |
| topic | Elasticity Competitiveness ECM RCA palm oil |
| url | https://jurnal.uii.ac.id/JEP/article/view/6218 |
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