The Factors Influencing on Consumption of Palm Cooking Oil in Indonesia
Cooking oil is one of the most sensitive basic needs in Indonesia. The aims of the research<br />are to analyze factors influencing consumption of cooking oil, the cooking oil price, and the<br />Crude Palm Oil price in Indonesia. Using simultaneous equation model, the study show that<...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Universitas Islam Indonesia
2011-09-01
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| Series: | Economic Journal of Emerging Markets |
| Online Access: | http://jurnal.uii.ac.id/index.php/JEP/article/view/2279 |
| Summary: | Cooking oil is one of the most sensitive basic needs in Indonesia. The aims of the research<br />are to analyze factors influencing consumption of cooking oil, the cooking oil price, and the<br />Crude Palm Oil price in Indonesia. Using simultaneous equation model, the study show that<br />palm cooking oil consumption is significantly affected by domestic palm cooking oil price<br />and number of population. Whilst palm cooking oil price is significantly influenced by the<br />cooking palm oil production and the domestic Crude Palm Oil price. Finally, the domestic<br />Crude Palm Oil is significantly affected by international Crude Palm Oil price.<br />Keywords: consumption, cooking oil price, crude palm oil price and cooking oil |
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| ISSN: | 2086-3128 2502-180X |