scholarly journals The cooking palm oil price determinants after palm oil-free labeling

2021 ◽  
Vol 24 (1) ◽  
pp. 83-98
Author(s):  
Hary S. Sundoro ◽  
Grace Putlia
Keyword(s):  
Palm Oil ◽  
Impulse Response Function ◽  
Oil Prices ◽  
Raw Material ◽  
Government Policies ◽  
Export Taxes ◽  
Study Results ◽  
Price Determinants ◽  
The Government ◽  
Research Period

This study aims to predict the effect of CPO (crude palm oil) prices or government policies such as BI 7days and CPO export taxes on palm cooking palm oil prices in Indonesia during the Palm Oil-Free labeling period. To address this research issue, this study uses the VECM method by implementing the Impulse Response Function (IRF) and variance decomposition approaches to analyze the research data. Further, the research period starts from January 2017 to April 2020. The study results show that CPO prices affect palm cooking palm oil prices positively. On the contrary, the government policies such as BI 7days and CPO export taxes negatively affect cooking palm oil prices during the Palm Oil-Free labeling period. Further, this study also informs that of all the determinant variables, CPO prices have the greatest response to the fluctuations in cooking palm oil prices. Thus, this study suggests the government to constrain raw material or CPO prices to reduce palm cooking palm oil prices in the domestic market.

Investigation and Analysis about the Construction and Utilization of Biogas Digester in Changyang County

2013 ◽  
Vol 773 ◽  
pp. 969-972
Author(s):  
Xiao Rong Zhao ◽  
Yu Hong Luo ◽  
Na Na Du ◽  
Ying Ping Huang
Keyword(s):  
Financial Support ◽  
Raw Material ◽  
Government Policies ◽  
Biomass Combustion ◽  
Analysis Method ◽  
Classification Analysis ◽  
Household Energy ◽  
Comprehensive Utilization ◽  
New Energy ◽  
The Government

In China countryside, the government policies encouraging individual farmers to construct biogas digester were strongly promoted to take clean biogas as the main household energy consumption, replacing the traditional way of biomass combustion energy. The construction and application situation of biogas digester since the new energy policies implementation was surveyed with the method of questionnaire survey, discussed and analyzed in detail with classification analysis method. The feedback of survey reports shows that three important factors including subsequent technical services, the shortage of financial support and insufficient fermentation raw material, have badly hampered the extensive construction of biogas digester and comprehensive utilization of biogas in different fields.

scholarly journals KEBIJAKAN PEMERINTAH DALAM PENANGANAN PANDEMI COVID-19

2020 ◽  
Vol 3 (2) ◽  
pp. 267
Author(s):  
Darmin Tuwu
Keyword(s):  
Large Scale ◽  
Social Protection ◽  
Government Policies ◽  
Personal Hygiene ◽  
Study Approach ◽  
Social Welfare Services ◽  
The Social ◽  
Study Results ◽  
The Government ◽  
At Home

This paper aims to elaborate on how government policies prevent and deal with COVID-19. The method used is a qualitative method with a case study approach. The focus of the study is government policies and events that follow the implementation of the policy period from March to June 2020 related to government policies in the prevention and treatment of COVID-19. The study results show that government policies to prevent the spread of Coronavirus transmission such as the policy of staying at home; Social distancing; Physical Restrictions; Use of Personal Protective Equipment; Maintain Personal Hygiene; Work and Study at home; Postpone all activities that gather a lot of people; Large-scale social restrictions; until the implementation of the New Normal policy. In addition, the government has also implemented social assistance and social protection policies to ensure that the community can survive, not only the Social Welfare Services Government group but also the high-class community.

scholarly journals Formulating a Long Term Strategy for Sustainable Palm Oil Biodiesel Development in Indonesia

2016 ◽  
Vol 9 (4) ◽  
pp. 124 ◽  
Author(s):  
Beny A. Purwanto ◽  
Erliza Hambali ◽  
Yandra Arkeman ◽  
Hendri Wijaya
Keyword(s):  
Palm Oil ◽  
Swot Analysis ◽  
Technology Development ◽  
Driving Forces ◽  
Value Added ◽  
Raw Material ◽  
High Price ◽  
The Government ◽  
Palm Oil Biodiesel

<p class="abstract-1"><strong></strong>Indonesia, the largest producer of palm oil, has been developed palm oil biodiesel as renewable energy in the last decade. Indonesia biodiesel development policies aim to increase domestic value added of palm oil product and reduce the reliance on fossil fuel. Indonesia has embarked on a comprehensive palm oil biodiesel program since 2006 and targeted the 20% biodiesel blend (B20) in 2016. This article explores the strategy formulation by accommodate the stakeholder perspective in the problems and the solutions. This research analyzes the information from in depth interview with biodiesel stakeholders (government, industry and researcher) in Indonesia by combine Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis with a Multi Actor Analysis approach. The results show the problems of biodiesel development are mainly on the high production cost due to high price of raw material, production technology and distribution infrastructure. The government policy, technology development and raw material supply are the driving forces of the biodiesel development in Indonesia. In the long term strategy, government of Indonesia should secure the biodiesel raw material, develop an environmental friendly technology in biodiesel processing, and accommodate any improvement idea from other stakeholders.</p>

scholarly journals Fiscal Policy, Monetary Policy and Price Volatility: Evidence from an Emerging Economy

2021 ◽  
Vol 12 (1) ◽  
pp. 57-70
Author(s):  
Le Thanh Tung
Keyword(s):  
Monetary Policy ◽  
Fiscal Policy ◽  
Granger Causality ◽  
Impulse Response Function ◽  
Price Volatility ◽  
Granger Causality Test ◽  
Causality Test ◽  
Study Results ◽  
The Government ◽  
The Impact

Vietnam is an Asian emerging country, which now is ranked in the group of the fastest-gro- wing economies worldwide. However, this economy has faced galloping inflation in recent years. So the Vietnamese experience is a valuable reference for the policymakers in the developing world in order to successfully control price volatility. Our study applies the Vector autoregressive method, the Johansen cointegration test, and the Granger causality test to examine the impact of fiscal and monetary policy on price volatility in Vietnam with a quarterly data sample collected over the period from 2004 to 2018. The study results confirm the existence of a long-term cointegration relationship between these policies and price volatility in Vietnam. Besides, the variance decomposition and impulse response function also show that the impact of these policies on inflation is clear, however, the fiscal policy more strongly affects inflation than the monetary policy. Finally, the Granger causality test also indicates one-way causality relationships from the government expenditure as well as the exchange rate to price volatility in the study period.

scholarly journals Fiscal Policy, Monetary Policy and Price Volatility: Evidence from an Emerging Economy

2022 ◽  
Author(s):  
Le Thanh Tung
Keyword(s):  
Monetary Policy ◽  
Fiscal Policy ◽  
Granger Causality ◽  
Impulse Response Function ◽  
Price Volatility ◽  
Granger Causality Test ◽  
Causality Test ◽  
Study Results ◽  
The Government ◽  
The Impact

Vietnam is an Asian emerging country, which now is ranked in the group of the fastest-gro-wing economies worldwide. However, this economy has faced galloping inflation in recent years. So the Vietnamese experience is a valuable reference for the policymakers in the developing world in order to successfully control price volatility. Our study applies the Vector autoregressive method, the Johansen cointegration test, and the Granger causality test to examine the impact of fiscal and monetary policy on price volatility in Vietnam with a quarterly data sample collected over the period from 2004 to 2018. The study results confirm the existence of a long-term cointegration relationship between these policies and price volatility in Vietnam. Besides, the variance decomposition and impulse response function also show that the impact of these policies on inflation is clear, however, the fiscal policy more strongly affects inflation than the monetary policy. Finally, the Granger causality test also indicates one-way causality relationships from the government expenditure as well as the exchange rate to price volatility in the study period.

Oman's fiscal woes could endanger the currency peg

2016 ◽  
Keyword(s):  
Oil Prices ◽  
Government Policies ◽  
Fiscal Deficit ◽  
Content Type ◽  
Economic Decisions ◽  
The Government ◽  
Economic Outlook ◽  
Patronage System ◽  
Local Firms

Subject Oman's economic outlook. Significance Oman faces a massive fiscal deficit in 2016, which government policies are unable to address. The budgetary shortfall in the first seven months of 2016 reached 4 billion Omani riyals (10 billion dollars), outstripping the projected full-year deficit of 3.3 billion riyals. Low oil prices have pushed down revenue, while the government struggles to control spending. Impacts A requirement to employ more Omanis will reduce the competitiveness of local firms. Popular resentment against expatriate workers (who constitute 40% of the population) is likely to rise. The government may curb some elite corruption and excess consumption, but the patronage system will remain entrenched. While 75-year-old Sultan Qaboos is popular, his successor will face difficult economic decisions, increasing the chances of serious unrest.

scholarly journals Dampak Harga Minyak Dunia Terhadap Jumlah Uang Beredar di Indonesia Tahun 2005.Q1-2016.Q4

2019 ◽  
Vol 6 (1) ◽  
pp. 91
Author(s):  
Mita Pradnya Wardani ◽  
Regina Niken W. ◽  
Agus Lutfi
Keyword(s):  
Economic Growth ◽  
Money Supply ◽  
Impulse Response ◽  
Impulse Response Function ◽  
Oil Prices ◽  
Variance Decomposition ◽  
Response Analysis ◽  
Vector Autoregressive ◽  
Variation Explained ◽  
The Government

Policies taken by the government and the central bank greatly determine the size of the money supply. World oil prices play a role in increasing the money supply through inflation. The purpose of this study is to find out the most effective policy in controlling the money supply by the public, using the Vector Autoregressive (VAR) model to estimate the variables in the study. The estimation of the impulse response function and also the variance decomposition which describes how and how much influence the shock from the amount of money supply. The VAR estimation shows that the money supply is most significantly influenced by the money supply itself, economic growth, deposit rates and exchange rates while inflation does not have a significant effect on the money supply. Impulse response analysis shows that the money supply gets the fastest and most powerful response to inflation. Whereas in the description of variance decomposition, the variation explained by the large money supply affects the change in the money supply itself and the second rank is economic growth. Keywords: Oil Prices, Inflation, Gross Domestic Product, Interest Rate, Exchange Rate.

scholarly journals Analisis Manajemen Risiko Lingkungan, Sosial dan Tata Kelola pada Usaha Budidaya dan Pengolahan Kelapa Sawit (Studi Kasus: PT PP London Sumatra Tbk)

2018 ◽  
Vol 13 (1) ◽  
pp. 46
Author(s):  
Tria Mutiari Meilan ◽  
Sapta Raharja ◽  
Muhammad Syamsun
Keyword(s):  
Palm Oil ◽  
Oil Palm ◽  
Elaeis Guineensis ◽  
Risk Control ◽  
Palm Kernel ◽  
Oil Industry ◽  
Study Results ◽  
The Government ◽  
Almost All ◽  
The Impact

Palm oil (Elaeis guineensis Jacq.) is one of the main commodities in Indonesia . The production of Crude Palm Oil (CPO) and Palm Kernel Oil (PKO) in Indonesia has increased significantly in recent years. The palm oil industry is often accused of causing environmental degradation because some of the cultivation and processing practices are suspected to cause greenhouse gas emissions. The Government has implemented the obligations of certification of Indonesia Sustainable Palm Oil (ISPO) in accordance with the Government of Indonesia's commitment to improve the sustainability of the Indonesian palm oil industry. The objectives of this research are (1) To identify and analyze the impact of risk on environment, social and governance (ESG Risk) at each stage of oil palm cultivation and processing. (2) To identify and analyze the level of readiness to fulfill ISPO requirements (3). Determine the recommendations of risk control in the cultivation and processing of oil palm. The method used in this research is descriptive and analytic method which is a case study. Results of analysis at PT. London Sumatra (Lonsum) especially at Arta Kencana Estate, Lahat, South Sumatera which was not ISPO Certified yet, shows that there are 16 ESG risks and the highest is related to the preparation stage of the land area.  Risk control recommended is Risk Avoidance. Arta Kencana Estate in general have fulfilled almost all of the requirements for compliance with required principles with an average index of 8.86.  Arta Kencana Estate are need to complete and perform administrative improvements and requirements documents to be able to meet the gap. In this study found that the ESG risk on palm oil can be mitigated through the fulfillment of ISPO principles.

What Does Rent Give to Federal Budget (on the Russia's Budget Dependence upon "Oil Dollars")

2004 ◽  
pp. 51-69 ◽  
Author(s):  
E. Sharipova ◽  
I. Tcherkashin
Keyword(s):  
Oil And Gas ◽  
Strong Dependence ◽  
Oil Prices ◽  
Federal Budget ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Resource Rent ◽  
Tax Legislation ◽  
Russian Economy ◽  
The Government

Federal tax revenues from the main sectors of the Russian economy after the 1998 crisis are examined in the article. Authors present the structure of revenues from these sectors by main taxes for 1999-2003 and prospects for 2004. Emphasis is given to an increasing dependence of budget on revenues from oil and gas industries. The share of proceeds from these sectors has reached 1/3 of total federal revenues. To explain this fact world oil prices dynamics and changes in tax legislation in Russia are considered. Empirical results show strong dependence of budget revenues on oil prices. The analysis of changes in tax legislation in oil and gas industry shows that the government has managed to redistribute resource rent in favor of the state.

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