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All Journal International Journal of Economics, Management and Accounting
Rio Agung Prawoto
Unknown Affiliation
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

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Determinants of Indonesia's Palm Oil Export Volume Rio Agung Prawoto; Ida Bagus Putu Purbadharmaja
International Journal of Economics, Management and Accounting Vol. 2 No. 2 (2025): International Journal of Economics, Management and Accounting
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/ijema.v2i2.545

Abstract

Palm oil production in Indonesia is basically a commodity for export and Indonesia itself is the largest exporter of palm oil in the world. This can prove that palm oil exports from Indonesia are able to compete with other tea exporting countries. The aim of this research is to determine the influence of land area, production quantity, and world price of CPO simultaneously and partially on the volume of Indonesian palm oil exports from 1994-2023. The data used in this research is secondary data in the form of quantitative data sourced from BPS and the World Bank. The area of ​​this research is the Republic of Indonesia. The data analysis technique used is the Error Correction Model (ECM) analysis technique. The research results show that land area, production volume and world price of CPO simultaneously influence the volume of Indonesian palm oil exports. The production quantity variable partially has a positive and significant effect. The variables of land area and world price of CPO partially have no effect. Considering the importance of exports to a country's economy, it is necessary to increase the export volume of palm oil in Indonesia, as one of Indonesia's leading export commodities, by paying attention to factors that can influence export volume.
Co-Authors Ida Bagus Purbadharmaja