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...

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Main Authors: Awan Setya Dewanta, Riza Noer Arfani, Erfita Erfita
格式: Article
語言:英语
出版: Universitas Islam Indonesia 2016-10-01
叢編:Economic Journal of Emerging Markets
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在線閱讀:https://journal.uii.ac.id/JEP/article/view/6218
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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.
format Article
id doaj-art-9bf8cc91cbc942e4ac9ff2ecc2eb52a8
institution Matheson Library
issn 2086-3128
2502-180X
language English
publishDate 2016-10-01
publisher Universitas Islam Indonesia
record_format Article
series Economic Journal of Emerging Markets
spelling doaj-art-9bf8cc91cbc942e4ac9ff2ecc2eb52a82025-07-27T09:46:49ZengUniversitas 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://journal.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://journal.uii.ac.id/JEP/article/view/6218
work_keys_str_mv AT awansetyadewanta elasticityandcompetitivenessofindonesiaspalmoilexportinindiamarket
AT rizanoerarfani elasticityandcompetitivenessofindonesiaspalmoilexportinindiamarket
AT erfitaerfita elasticityandcompetitivenessofindonesiaspalmoilexportinindiamarket