scholarly journals Could Palm Oil Plantation Increase Individual Expenditure? The Dutch Disease Implication in Indonesia

2021 ◽  
Vol 10 (1) ◽  
pp. 77-92
Author(s):  
Cavin Dennis Tito Siregar ◽  
Estro Dariatno Sihaloho
Keyword(s):  
Palm Oil ◽  
Manufacturing Industry ◽  
Production Capacity ◽  
Oil Production ◽  
Oil Industry ◽  
Dutch Disease ◽  
Explanatory Variables ◽  
Instrumental Variable Regression ◽  
Tradable Sector ◽  
The Individual

Indonesia is the largest palm-oil producing country, covering almost 80 percent of global production. With the extensive production capacity, this research seeks to analyze the linkages between palm oil production and its impact on the economy by the individual monthly expenditure. To reveal the connections, this research analyzes the Dutch Disease phenomenon in Indonesia, which explains how the non-tradable sector, palm-oil industry, affects the tradable sector like the manufacturing industry. The panel data variables are selected from 2011 to 2015 within 22 provinces to see the Dutch Disease's implications. As the model is suffered from the endogeneity, the correlation of explanatory variables with the error term, the research uses the Instrumental-Variable Regression method. The analysis indicates that Indonesia was not suffered from Dutch Disease. Therefore, palm oil production could increase individual expenditure. Finally, the extension of palm oil plantations could benefit Indonesia's economy without affecting other sectors.JEL Classification: E21, E24, O13, O44How to Cite:Siregar, C. D. T., & Sihaloho, E. D. (2021). Could Palm Oil Plantation Increase Individual Expenditure? The Dutch Disease Implication in Indonesia. Signifikan: Jurnal Ilmu Ekonomi, 10(1), 77-92. doi: http://doi.org/10.15408/sjie.v10i1.15831.

scholarly journals THE CHALLENGES FACING PALM OIL INDUSTRY IN NIGERIA

2021 ◽  
Vol 4 (1) ◽  
pp. 26-33
Author(s):  
Sani Shehu ◽  
Mohd Afandi Salleh ◽  
Edy Fitriawan Syahadat
Keyword(s):  
Palm Oil ◽  
Oil Palm ◽  
Raw Materials ◽  
Palm Kernel ◽  
Oil Production ◽  
Private Investment ◽  
Oil Industry ◽  
Structured Interview ◽  
Public And Private ◽  
The Government

The oil palm plantation can be found throughout West Africa and palm oil has contributed significantly towards the Nigerian exports. However, the palm oil industry in Nigeria was declining to 36.4% in 1969 and 13.2% in 1974 in spite of being the largest global exporting country at the beginning of 20th Century. Since then, domestic consumption has increased, slow growth in palm oil production and low output was delivered. The equipment of production is considered obsolete, the plantations are aging, the technology access is very little, and financing is insufficient. This indicated a threat and inefficiency of Nigerian palm oil industries to cater for the needs of people regardless of the increase in oil demand locally as the  palm kernel oil is becoming important food and raw materials. Due to this problem, Nigeria remained to receive palm oil from Malaysia even though the seedlings was originated from Nigeria. Other large importers include from Benin, Ghana, Ivory Coast and Togo. This issue has caused Palm oil production in Nigeria to be more expensive and not competitive if compared to other countries like Malaysia and Indonesia. Hence, the objective of this paper explores the challenges facing palm oil industry in Nigeria using qualitative data through document and thematic analysis. The semi-structured interview was analysed by utilizing Atlas ti 8 software. The findings of the paper shows that there are challenges facing palm oil industry in Nigeria such as lack of good planting materials, poor funding, improper milling and lack of technology. From this, it is confirmed that there are numerous challenges facing palm oil industry in Nigeria which requires aids from the government from allocation of huge amount of its budget to agriculture and establish better policies for the palm oil industry that will attract more public and private investment. Keywords: Oil Palm, Palm Oil, Palm Oil industry in Nigeria, Challenges  

Estimation of the Company Value of Palm Oil Production İn Malaysian Listed Companies: The Panel Data Model Approach

2021 ◽  
Vol 12 (1) ◽  
pp. 85-85
Author(s):  
Aye Aye Khin ◽  
Kho Guan Khai
Keyword(s):  
Palm Oil ◽  
Information Disclosure ◽  
Negative Impact ◽  
Oil Production ◽  
Oil Industry ◽  
Listed Companies ◽  
Environmental Accounting ◽  
Share Price ◽  
Crude Palm Oil ◽  
Company Value

The production of crude palm oil in Malaysia fluctuated from 1.2 million tonnes in 2010 to 1.8 million tonnes in 2018. For the domestic consumption of crude palm oil in Malaysia increase gradually between 2.2 million tonnes in 2010 and 3.6 million tonnes in 2018. Besides that, Malaysia was one of the major oil exporters among the 10 countries of the Association of South East Asian Nations (ASEAN) and the exports of palm oil constituted about 90% of Malaysia's palm oil production. The exports of palm oil in Malaysia fluctuated from 1.3 million tonnes in 2010 to 1.4 million tonnes in 2018 whereas the imports of Malaysia's crude palm oil also fluctuated significantly from 121,300 tonnes in 2010 to 108,600 tonnes in 2018. Recently, there were many accusations on palm oil in Malaysia due to the environmental unfriendly product by the European Parliament and decided to ban palm oil biofuel by 2020. This will have negative impact on the company value (company's share price) by reduction in the revenue for the palm oil production companies. Moreover, palm oil was one of the most important agricultural commodities in the world and it was also the fourth-largest contributor to the Malaysian economy. Malaysia's palm oil industry has been a prominent industry that created economic growth and development. Therefore, this research was very important because the world's palm oil production was growing every year, driven largely by the growth of the European Union's biofuel markets and food demand in India and China (Clay, 2013). The palm oil industry facing the another challenging issue was to demonstrate its commitment to sustainable palm oil production. To overcome this issue, many agricultural food industries were promoting certified sustainable palm oil (CSPO) as proof of sustainability in the palm oil supply chain and achieved the buyer's demand (May, 2012). This situation has raised uncertainty to investigate the determinants of the company value in Malaysia's palm oil industry. Furthermore, there are many researchers had done the research over the past few decades, so there are many different perspectives on the determinants of company value in the palm oil industry in Malaysia. Keywords: Environmental Accounting (EA), Environmental Performance (EP), Information Disclosure (IN), Company Value (CV), Malaysian Selected Palm Oil Listed Companies.

scholarly journals Time to Revisit Oil Palm-Livestock Integration in the Wake of United Nations Sustainable Development Goals (SDGs)

2021 ◽  
Vol 5 ◽  
Author(s):  
Badrul Azhar ◽  
Kamil Azmi Tohiran ◽  
Frisco Nobilly ◽  
Raja Zulkifli ◽  
Muhammad Izzuddin Syakir ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Food Security ◽  
Palm Oil ◽  
Oil Palm ◽  
Sustainable Development Goals ◽  
Management Practices ◽  
Oil Production ◽  
Oil Industry ◽  
Economic Benefits ◽  
Development Goals

To date, the idea of using livestock animals as biological tools to manage weeds, sequester carbon, and boost food security in oil palm plantations has not been seriously considered by industry stakeholders of major producing countries (e.g., Indonesia, Malaysia, Thailand, Colombia, and Nigeria). We revisit the integration of oil palm cultivation with livestock farming as a silvopastoral agroforestry practice in the wake of Sustainable Development Goals (SDGs). Oil palm-livestock integration has the potential to promote sustainable palm oil production because it can provide multiple environmental and socio-economic benefits, including carbon sequestration, restoring top soil, improving ecosystem biodiversity, reducing pesticide and fertilizer inputs, and boosting national food security. In contrast to monocultural outputs of most conventional plantations, an oil palm silvopastoral system is an ideal way to address the global food insecurity challenge as it produces bioenergy, vegetable oil/fat and animal-based protein sources (e.g., red meat). In addition, the potential of contract targeted grazing could be considered as a new type of business and income diversification for rural people. Oil palm-livestock integration is a strategy by the palm oil industry to achieve multiple SDGs. Out of the 17 SDGs, oil palm-livestock integration is likely to deliver nine SDGs. Palm oil certification bodies should recognize oil palm-livestock integration as a biological control method in weed management practices. We recommend that oil palm-livestock integration should be promoted to revitalize sustainable palm oil production and strategic biodiversity conservation policy. Policy makers should encourage major players in the palm oil industry to practice oil palm-livestock integration.

POTENSI LIMBAH INDUSTRI KELAPA SAWIT DI INDONESIA

2018 ◽  
Vol 4 (1) ◽  
Author(s):  
Indriyati Indriyati
Keyword(s):  
Palm Oil ◽  
Co2 Emission ◽  
Liquid Waste ◽  
Oil Production ◽  
Oil Industry ◽  
Future Time ◽  
The World ◽  
The Future ◽  
The Status

The status of indonesian palm oil industry in the world to be the fi rst one that built a modern palm oil industry. There is a trend of palm oil industry in the future time to be the dominan industry. On 2005 was increse to be 5.597.158 ha with CPO production about 12.451.000 ton which is spread in 20 provinces. The increasing of palm oil production give impact to solid and liquid waste potential. All the waste can be used as energy alternatif, beside that the potency of solid and liquid waste will give contribution to CO2 emission of global warming.Key words : palm oil.

scholarly journals Conceptual Design of Inventory Analysis Software to Support the Life Cycle Assessment in Palm Oil Production

2021 ◽  
Vol 226 ◽  
pp. 00028
Author(s):  
Kiman Siregar ◽  
Supriyanto Supriyanto ◽  
Devitra Saka Rani ◽  
Yanuar Nurdiansyah ◽  
Feri Wijayanto
Keyword(s):  
Life Cycle Assessment ◽  
Life Cycle ◽  
Conceptual Design ◽  
Palm Oil ◽  
Life Cycle Inventory ◽  
Oil Production ◽  
Oil Industry ◽  
Inventory Analysis ◽  
Goal And Scope ◽  
Goal And Scope Definition

Life cycle assessment is a quantitative method to analyze the environmental impact that consists of four main activities: goal and scope definition, life cycle inventory, life cycle impact assessment, and interpretation. The application of the life cycle in palm oil industry are very important and already conducted by many researchers. However, the most difficult task in life cycle assessment are the life cycle inventory. In this research, this study proposed the software to support the life cycle inventory in palm oil production. The result of the study was the conceptual design of the life cycle inventory software.

Language in mental retardation: Individual and syndromic differences, and neurogenetic variation 1Based on a keynote presentation at the Third European Conference on Psychological Theory and Research in Mental Retardation, Geneva, September 1st, 2000.

2001 ◽  
Vol 60 (3) ◽  
pp. 161-178 ◽  
Author(s):  
Jean A. Rondal
Keyword(s):  
Mental Retardation ◽  
Language Development ◽  
Oral Language ◽  
Psychological Theory ◽  
Genetic Syndromes ◽  
Explanatory Variables ◽  
Keynote Presentation ◽  
Genetic Origins ◽  
The Sixties ◽  
The Individual

Predominantly non-etiological conceptions have dominated the field of mental retardation (MR) since the discovery of the genetic etiology of Down syndrome (DS) in the sixties. However, contemporary approaches are becoming more etiologically oriented. Important differences across MR syndromes of genetic origin are being documented, particularly in the cognition and language domains, differences not explicable in terms of psychometric level, motivation, or other dimensions. This paper highlights the major difficulties observed in the oral language development of individuals with genetic syndromes of mental retardation. The extent of inter- and within-syndrome variability are evaluated. Possible brain underpinnings of the behavioural differences are envisaged. Cases of atypically favourable language development in MR individuals are also summarized and explanatory variables discussed. It is suggested that differences in brain architectures, originating in neurological development and having genetic origins, may largely explain the syndromic as well as the individual within-syndrome variability documented. Lastly, the major implications of the above points for current debates about modularity and developmental connectionism are spelt out.

PEMETAAN TEKNOLOGI INDUSTRI KELAPA SAWIT NASIONAL DAN KEBIJAKAN PENGEMBANGANNYA

2013 ◽  
Vol 13 (1) ◽  
Author(s):  
Subiyanto Subiyanto
Keyword(s):  
Palm Oil ◽  
Government Policy ◽  
Value Chain ◽  
Raw Materials ◽  
Value Added ◽  
Oil Industry ◽  
Missing Value ◽  
Technology Capability ◽  
The Government

Palm oil industry in Indonesia has been growing rapidly. But, unfortunately the growth is only effective on upstream industry with low value products, such that potential downstream value added are not explored proportionally. The government is therefore in the process of developing an appropriate policy to strengthen the national palm oil downstream industry. This paper proposes that an approriate policy for developing palm oil downstream industry could be derived from the maps of value chain and existing technology capability of the industry. The result recommends that government policy should emphasize on the supply of raw materials, infrastructure and utilities, as well as developing the missing value chain industry, especially ethoxylation and sulfonation.

Sistem Pakar Mendeteksi Penyakit Tanaman Kelapa Sawit Menggunakan Metode Forward Chaining

2019 ◽  
Vol 1 ◽  
pp. 444
Author(s):  
Dimas Satria ◽  
Poningsih Poningsih ◽  
Widodo Saputra
Keyword(s):  
Expert System ◽  
Programming Languages ◽  
Palm Oil ◽  
Oil Palm ◽  
Oil Production ◽  
Plant Diseases ◽  
Accurate Information ◽  
Forward Chaining ◽  
Web Programming ◽  
Level Of Confidence

The purpose of this paper is to create an expert system to detect oil palm plant diseases in order to help farmers / companies in providing accurate information about the diseases of oil palm plants and how to overcome them and to help reduce the risk of decreasing palm oil production. This system is designed to mimic the expertise of an expert who is able to detect diseases that attack oil palm plants. The method used is forward chaining that is starting from a set of data and proving a fact by describing the level of confidence and uncertainty found in a hypothesis. The results of this study are to diagnose diseases of oil palm plants and their computerization using web programming languages.

IMF Stabilization Programs, Policy Conduct and Macroeconomic Outcomes: A Case Study of Pakistan

2006 ◽  
Vol 11 (1) ◽  
pp. 35-62
Author(s):  
Nawaz A. Hakro ◽  
Wadho Waqar Ahmed
Keyword(s):  
Current Account ◽  
Inflation Rate ◽  
Current Account Balance ◽  
Macroeconomic Policies ◽  
Explanatory Variables ◽  
Fiscal Balance ◽  
Macroeconomic Impacts ◽  
The Individual ◽  
The Imf

This study is designed to assess the macroeconomic performance of fund-supported programs, and the sequencing and ordering of macroeconomic policies in the context of the Pakistan economy. The generalized evaluation estimator technique has been used to assess the macroeconomic impacts of the IMF supported programs. GDP growth, inflation rate, current account balance, fiscal balance and unemployment are used as the target variables in order to gauge economic performance during the program years. The vector of policy variables (that might have been adopted in the absence of programs) and the vector of foreign exogenous variables are also taken as explanatory variables in the model, so that the individual effect of the IMF supported programs could be assessed. The result suggests that as the IMF prescriptions were applied, the current account balance has worsened, the unemployment rate has significantly increased, and the inflation rate has increased during the years of fund-supported programs. Only the budget balance has shown signs of improvement. Furthermore an inadequate sequencing of reforms has contributed to the further worsening of the economic scenario during the program period.

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