External and Internal Determinants Exports of Crude Palm Oil in Indonesia from 1990-2020

DOI

10.2991/aebmr.k.220602.005How to use a DOI?

Keywords

Plantation; Export; Crude Palm Oil; OLS

Abstract

Indonesia has extensive agricultural land. Therefore, most of the population works in agriculture. One of the agricultural sub-sectors is oil palm plantations. This commodity is the heroine in international trade. As one of the global palm oil-producing countries, Indonesia can become a source of export income in foreign exchange. Therefore, palm oil positively influences the Indonesian economy. This study aims to analyze the magnitude of the influence of international CPO prices, exchange rates, production, and land area on the export volume of crude palm oil in Indonesia from 1990 to 2020. The analytical method used was multiple linear regression with Ordinary Least Square (OLS), while the type of data used was secondary data with time series from 1990-2020. The simultaneous test results (F test) showed that international CPO prices, exchange rates, production, and land area simultaneously affected the volume of Indonesian CPO exports. The partial test (t-test) revealed that international CPO prices, exchange rates, production, and land area significantly affected Indonesia’s Crude Palm Oil export volume.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Murni Asliyana
AU  - Eni Setyowati
PY  - 2022
DA  - 2022/06/13
TI  - External and Internal Determinants Exports of Crude Palm Oil in Indonesia from 1990-2020
BT  - Proceedings of the International Conference on Economics and Business Studies (ICOEBS 2022)
PB  - Atlantis Press
SP  - 32
EP  - 37
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220602.005
DO  - 10.2991/aebmr.k.220602.005
ID  - Asliyana2022
ER  -