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Journal : INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE

THE EFFECT OF GROSS DOMESTIC PRODUCT, INTERNASIONAL CPO PRICE, CPO CONSUMPTION, AND INFLATION ON INDONESIA’S CRUDE PALM OIL EXPORT VOLUME Prawoto, Nano; Gusnia, Putriku
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 5 (2024): May
Publisher : Adisam Publisher

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Abstract

Palm oil is one of the non-oil and gas export commodities from plantation products. Crude palm oil (CPO) has been recognized as one of the main agricultural commodities for Indonesia's exports. Indonesia is the largest producer of palm oil, which makes exports as one of the sectors that can advance the Indonesian economy. This study aims to analyse Indonesian palm oil exports to 10 main export destination countries, including the Gross Domestic Product of destination countries, international CPO prices, destination country CPO consumption, and destination country inflation. The data used in this study is secondary data for 2018-2022 and is quantitative data. Panel data regression method was used in this research, with test results showing that the right model used is a fixed effect model. The results of this study show that the Gross Domestic Product and inflation of destination countries have a significant negative influence. Meanwhile, international CPO prices and CPO consumption of destination countries have a significant positive influence on the volume of Indonesian palm oil exports to the 10 main destination countries in 2018-2022. This research can be a reference related to Indonesia's palm oil export policy.
FACTORS AFFECTING PHYSICAL INVESTMENT IN ASEAN COUNTRIES Nano Prawoto
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 2 (2024): February
Publisher : Adisam Publisher

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Abstract

This study aims to analyze the effect of economic growth, labor force, interest rate, tax revenue, trade, and industrial value added on gross fixed capital formation / PMTB in ASEAN countries with a panel data approach. The methodology used in this study is panel data regression with Fixed Effect Model approach. The data used in this study are from 2001 to 2021 in 5 ASEAN countries. The results of this study show that labor force, trade value and industrial value added have a positive influence on gross fixed capital formation, while economic growth, interest rate and tax revenue have a negative influence on gross fixed capital formation. The implication of this research is that ASEAN countries must increase the competitiveness of industrial products to increase capital inflow in the ASEAN Region.