Market Integration of Palm Oil in South Sumatera

Marwa, Taufiq and Abukosim, Abukosim and Mukhtaruddin, Mukhtaruddin and Bashir, Abdul and Husni Thamrin, Kemas Muhammad (2019) Market Integration of Palm Oil in South Sumatera. In: Proceedings of the 4th Sriwijaya Economics, Accounting, and Business Conference, 7 November 2018, Palembang.

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Abstract

This study aims to determine the integration of the palm oil commodity market in South Sumatra. This market integration will be seen through the effect the price of palm oil in the central market on the price of palm oil in the local market and the influence of prices on the local market on the price of palm oil in the central market. The data used in this study are secondary data issued by the Central Bureau of Statistics (BPS) of South Sumatra Province, Directorate General of Plantations, and other relevant institutions. The analytical tool used in this study is the granger causality test. The results indicate that there is a one-way influence that the price of palm oil in the local market influences the price of palm oil in the central market while the price of palm oil in the central market does not affect the price of palm oil in the local market.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: central market, local market, market integration, palm oil
Subjects: H Social Sciences > HB Economic Theory > HB238-251 Competition. Production. Wealth
H Social Sciences > HB Economic Theory > HB3711-3840 Business cycles. Economic fluctuations
H Social Sciences > HB Economic Theory > HB71-74 Economics as a science. Relation to other subjects
Divisions: 01-Faculty of Economics > 60201-Development Economics (S1)
Depositing User: Abdul Bashir
Date Deposited: 14 Apr 2020 03:18
Last Modified: 14 Apr 2020 03:18
URI: http://repository.unsri.ac.id/id/eprint/28858

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