HOW INDONESIAN CRUDE PALM OIL EXPORT DEMANDS RESPOND TO EXCHANGE RATE VOLATILITY?: AN ERROR CORRECTION MODEL APPROACH
| Main Author: | Sukiyono, Ketut |
|---|---|
| Format: | Proceeding PeerReviewed Book |
| Bahasa: | eng |
| Terbitan: |
, 2014
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| Subjects: | |
| Online Access: |
http://repository.unib.ac.id/8071/7/KETUT_MIICEMA_8071.pdf http://repository.unib.ac.id/8071/ |
Daftar Isi:
- This study was focussed ont investigating the effect of exchange rate volatility on the Indonesian Palm Oil export demand. Monthly data of Indonesian pal oil export from 2001:1-2010:12 were used. Under error correction and cointegration modelling techniques, the study found that real exchange rate volatility has negative and significant effect on Indonesian non-oil and gas export, while real exchange rate does not. Other factors having significant effects are real foreign income and Internasional Palm Oil price.