Trading of Indonesian Crude Palm Oil Supply Chain and its Impact on Economic Growth: Implementation of Theory of Comparative Advantage and the Competitive Advantage of Nation

<p>The purpose of this study was to determine the effect of the volume and value of palm oil exports consisting of Crude Oil of Palm Kernel, Other Crude Oil of Palm Kernel, Solid fractions of refined palm kernel oil, Palm kernel olein, refined, bleached &amp; deodorized (RBD) and Palm kern...

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Autores principales: Azhar Maksum, Iskandar Muda, Arifin Lubis, Ibnu Austrindanney Sina Azhar
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Publicado: EconJournals 2021
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spelling oai:doaj.org-article:3855f48eaa5c4dee8cfc1a0078076a462021-11-12T07:27:31ZTrading of Indonesian Crude Palm Oil Supply Chain and its Impact on Economic Growth: Implementation of Theory of Comparative Advantage and the Competitive Advantage of Nation2146-4553https://doaj.org/article/3855f48eaa5c4dee8cfc1a0078076a462021-11-01T00:00:00Zhttps://econjournals.com/index.php/ijeep/article/view/11766https://doaj.org/toc/2146-4553<p>The purpose of this study was to determine the effect of the volume and value of palm oil exports consisting of Crude Oil of Palm Kernel, Other Crude Oil of Palm Kernel, Solid fractions of refined palm kernel oil, Palm kernel olein, refined, bleached &amp; deodorized (RBD) and Palm kernel oil bleached &amp; deodorized against Economic Growth. This type of research is quantitative. The sample used is the development of Indonesian palm oil exports in the period 1970 to 2017. The analytical tool used is a structural approach which is completed with the WarpPLS Version 7.0 application. The results show that the export variables of Crude Oil of Palm Kernel, Other Crude Oil of Palm Kernel, Solid fractions of refined palm kernel oil, Palm kernel olein, refined, bleached &amp; deodorized (RBD) and Palm kernel oil, RBD have an effect on Economic Growth. Novelti produced by this research shows that oil palm production makes a significant contribution to economic growth in a country and this supports and strengthens the theory of Theory of Comparative Advantage and Theory of Competitive Advantage.</p><p><strong>Keywords</strong>: Economic Growth, Crude Oil of Palm Kernel, Other Crude Oil of Palm Kernel, Solid fractions of refined palm kernel oil.</p><p><strong>JEL Classifications</strong>: Q11, Q21, Q41</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.11766">https://doi.org/10.32479/ijeep.11766</a></p>Azhar MaksumIskandar MudaArifin LubisIbnu Austrindanney Sina AzharEconJournalsarticleEnvironmental sciencesGE1-350Energy industries. Energy policy. Fuel tradeHD9502-9502.5ENInternational Journal of Energy Economics and Policy, Vol 11, Iss 6, Pp 296-302 (2021)
institution DOAJ
collection DOAJ
language EN
topic Environmental sciences
GE1-350
Energy industries. Energy policy. Fuel trade
HD9502-9502.5
spellingShingle Environmental sciences
GE1-350
Energy industries. Energy policy. Fuel trade
HD9502-9502.5
Azhar Maksum
Iskandar Muda
Arifin Lubis
Ibnu Austrindanney Sina Azhar
Trading of Indonesian Crude Palm Oil Supply Chain and its Impact on Economic Growth: Implementation of Theory of Comparative Advantage and the Competitive Advantage of Nation
description <p>The purpose of this study was to determine the effect of the volume and value of palm oil exports consisting of Crude Oil of Palm Kernel, Other Crude Oil of Palm Kernel, Solid fractions of refined palm kernel oil, Palm kernel olein, refined, bleached &amp; deodorized (RBD) and Palm kernel oil bleached &amp; deodorized against Economic Growth. This type of research is quantitative. The sample used is the development of Indonesian palm oil exports in the period 1970 to 2017. The analytical tool used is a structural approach which is completed with the WarpPLS Version 7.0 application. The results show that the export variables of Crude Oil of Palm Kernel, Other Crude Oil of Palm Kernel, Solid fractions of refined palm kernel oil, Palm kernel olein, refined, bleached &amp; deodorized (RBD) and Palm kernel oil, RBD have an effect on Economic Growth. Novelti produced by this research shows that oil palm production makes a significant contribution to economic growth in a country and this supports and strengthens the theory of Theory of Comparative Advantage and Theory of Competitive Advantage.</p><p><strong>Keywords</strong>: Economic Growth, Crude Oil of Palm Kernel, Other Crude Oil of Palm Kernel, Solid fractions of refined palm kernel oil.</p><p><strong>JEL Classifications</strong>: Q11, Q21, Q41</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.11766">https://doi.org/10.32479/ijeep.11766</a></p>
format article
author Azhar Maksum
Iskandar Muda
Arifin Lubis
Ibnu Austrindanney Sina Azhar
author_facet Azhar Maksum
Iskandar Muda
Arifin Lubis
Ibnu Austrindanney Sina Azhar
author_sort Azhar Maksum
title Trading of Indonesian Crude Palm Oil Supply Chain and its Impact on Economic Growth: Implementation of Theory of Comparative Advantage and the Competitive Advantage of Nation
title_short Trading of Indonesian Crude Palm Oil Supply Chain and its Impact on Economic Growth: Implementation of Theory of Comparative Advantage and the Competitive Advantage of Nation
title_full Trading of Indonesian Crude Palm Oil Supply Chain and its Impact on Economic Growth: Implementation of Theory of Comparative Advantage and the Competitive Advantage of Nation
title_fullStr Trading of Indonesian Crude Palm Oil Supply Chain and its Impact on Economic Growth: Implementation of Theory of Comparative Advantage and the Competitive Advantage of Nation
title_full_unstemmed Trading of Indonesian Crude Palm Oil Supply Chain and its Impact on Economic Growth: Implementation of Theory of Comparative Advantage and the Competitive Advantage of Nation
title_sort trading of indonesian crude palm oil supply chain and its impact on economic growth: implementation of theory of comparative advantage and the competitive advantage of nation
publisher EconJournals
publishDate 2021
url https://doaj.org/article/3855f48eaa5c4dee8cfc1a0078076a46
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