Impak Harga Minyak Sawit terhadap Pertumbuhan Sektor Pertanian

Q3 Economics, Econometrics and Finance

Jurnal Ekonomi Malaysia Pub Date : 2022-04-01 DOI:10.17576/jem-2021-5601-04

Mohd Adib Ismail

{"title":"Impak Harga Minyak Sawit terhadap Pertumbuhan Sektor Pertanian","authors":"Mohd Adib Ismail","doi":"10.17576/jem-2021-5601-04","DOIUrl":null,"url":null,"abstract":"This study aims to examine the impact of palm oil prices on the growth of the agricultural sector. Using Malaysian quarterly data starting from Q1: 1992 to Q3: 2019, this study uses an autoregressive distributed lat approach. This findings show that palm oil price has a positive impact on the growth of the agricultural sector either in the long or short run. The study further found that there is a long run and short run relationship between agricultural sector output with palm oil price, consumer price index and real effective exchange rate. In the long run, palm oil prices and real effective exchange rate are positively and significantly related to agricultural sector output. However, the consumer price index is negatively and significantly correlated with the output of the agricultural sector. In the short run, all independent variables show a positive relationship with the dependent variable that is the output of the agricultural sector. The empirical findings of this study provide insights to policy makers on the positive impact of changes in palm oil prices on economic activity to ensure that all stakeholders in this sector benefit accordingly.","PeriodicalId":35929,"journal":{"name":"Jurnal Ekonomi Malaysia","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2022-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Jurnal Ekonomi Malaysia","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.17576/jem-2021-5601-04","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}

引用次数: 1

Abstract

This study aims to examine the impact of palm oil prices on the growth of the agricultural sector. Using Malaysian quarterly data starting from Q1: 1992 to Q3: 2019, this study uses an autoregressive distributed lat approach. This findings show that palm oil price has a positive impact on the growth of the agricultural sector either in the long or short run. The study further found that there is a long run and short run relationship between agricultural sector output with palm oil price, consumer price index and real effective exchange rate. In the long run, palm oil prices and real effective exchange rate are positively and significantly related to agricultural sector output. However, the consumer price index is negatively and significantly correlated with the output of the agricultural sector. In the short run, all independent variables show a positive relationship with the dependent variable that is the output of the agricultural sector. The empirical findings of this study provide insights to policy makers on the positive impact of changes in palm oil prices on economic activity to ensure that all stakeholders in this sector benefit accordingly.

查看原文本刊更多论文

棕榈油价格抵消了农业部门的增长

本研究旨在研究棕榈油价格对农业部门增长的影响。本研究使用马来西亚从1992年第一季度到2019年第三季度的季度数据，使用自回归的分布式后期方法。这一发现表明，无论是在长期还是短期内，棕榈油价格对农业部门的增长都有积极的影响。研究进一步发现，农业部门产出与棕榈油价格、消费者价格指数和实际有效汇率之间存在长期和短期关系。从长期来看，棕榈油价格和实际有效汇率与农业部门产出呈正相关。然而，消费价格指数与农业部门的产出呈显著负相关。在短期内，所有自变量都与因变量(农业部门的产出)呈正相关。本研究的实证结果为政策制定者提供了关于棕榈油价格变化对经济活动的积极影响的见解，以确保该行业的所有利益相关者都能相应受益。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Jurnal Ekonomi Malaysia Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

1.50

自引率

0.00%

发文量

期刊介绍： Jurnal Ekonomi Malaysia (JEM) is a Scopus indexed peer reviewed journal published by UKM Press (Penerbit UKM), Universiti Kebangsaan Malaysia. The journal publishes original research articles as well as short notes, comments and book reviews on all aspects of economics, particularly those pertaining to the developing economies. Articles are published in both English and Malay.