{"title":"THE IMPACT OF THE EUROPEAN UNION (EU) RENEWABLE ENERGY DIRECTIVE (RED II) ON PALM OIL TO THE MALAYSIAN ECONOMY","authors":"Subashini Nadras","doi":"10.21894/opiej.2022.03","DOIUrl":"https://doi.org/10.21894/opiej.2022.03","url":null,"abstract":"The oil palm industry has contributed significantly to the Malaysian economy and forms its agricultural industry pillar. Malaysia’s total export earnings from palm oil and other palm-based products increased significantly from only RM11.70 billion in 1996 to RM73.25 billion in 2020. The oil palm industry generates income for Malaysia and has also played a key role in improving its citizens’ quality of life. However, over the past decades, the oil palm industry has been the subject of conflicting claims, especially from the European Union (EU), which has criticised the oil palm industry’s reputation and affected the marketability of Malaysian palm oil globally. In May 2019, the EU adopted the Delegated Regulation (EU) 2019/807 of 13 March 2019 supplementing Directive (EU) 2018/2001 (EU Red II) in which defines palm oil as a high indirect land-use change (ILUC) risk, therefore unsustainable feedstock for biofuel production for the EU Member States market. Consequently, the palm-based biofuel feedstock could not be counted towards the EU renewable energy targets. This study has determined the implication of EU RED II on the Malaysian economy via the input-output (I-O) analysis. The findings illustrate that the reduced palm oil export to the EU due to its plan to phase out palm oil from 2021 gradually affects the Malaysian economy and its other sub-sectors. These findings will be helpful to policymakers and industry players as reference resources to assess the influence of the anti-palm oil campaign and the EU policy measures on the Malaysian economy.","PeriodicalId":294018,"journal":{"name":"Oil Palm Industry Economic Journal","volume":"434 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115578502","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"THE READINESS OF SECONDARY SCHOOL TEACHERS FOR SUSTAINABLE OIL PALM THEMED-BASED TEACHING AND LEARNING","authors":"Muhanizah Ahmad Mokhtar","doi":"10.21894/opiej.2022.04","DOIUrl":"https://doi.org/10.21894/opiej.2022.04","url":null,"abstract":"","PeriodicalId":294018,"journal":{"name":"Oil Palm Industry Economic Journal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128655383","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"FACTORS CONTRIBUTING TO CHINA’S INTAKE OF PALM OIL","authors":"K. Zakaria","doi":"10.21894/opiej.2022.01","DOIUrl":"https://doi.org/10.21894/opiej.2022.01","url":null,"abstract":"China, a country with the largest population of over 1.3 billion was identified as a region with huge potential for export market. Currently, China is one of the largest palm oil importers and has shown an increasing trend over the years, with CAGR of 7.87 from 1.40 million tonnes to 6.37 million tonnes between 2000 and 2020. This translated into a scenario of a growing palm market in China. Thus, this study aims to investigate factors influencing the demand for palm oil in China using Autoregressive Distributed Lag (ARDL). Annual time series data from 1980 to 2019 has been used for the analysis. The bound test indicates that there is a long run relationship among the studied variables. The empirical results showed that gross domestic products, both in producing and importing countries; consumer price index; palm oil consumption; the population of China; palm oil and soyabean oil prices are the significant determinants of Malaysian palm oil demand in China.","PeriodicalId":294018,"journal":{"name":"Oil Palm Industry Economic Journal","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115708695","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"RISK RESPONSE STRATEGIES OF MALAYSIAN OIL PALM ESTATES FOR THE DOWNTURN IN CPO PRICES","authors":"N. Kamil","doi":"10.21894/opiej.2022.02","DOIUrl":"https://doi.org/10.21894/opiej.2022.02","url":null,"abstract":"","PeriodicalId":294018,"journal":{"name":"Oil Palm Industry Economic Journal","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134601153","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"INTEREST RATE AND SUPPLY RESPONSE OF OIL PALM PRODUCERS IN INDONESIA","authors":"","doi":"10.21894/opiej.2021.05","DOIUrl":"https://doi.org/10.21894/opiej.2021.05","url":null,"abstract":"","PeriodicalId":294018,"journal":{"name":"Oil Palm Industry Economic Journal","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128940661","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"FACTORS AFFECTING FRESH FRUIT BUNCH YIELDS OF INDEPENDENT SMALLHOLDERS IN SABAH","authors":"Ainul Shazwin Sahidan","doi":"10.21894/opiej.2021.06","DOIUrl":"https://doi.org/10.21894/opiej.2021.06","url":null,"abstract":"","PeriodicalId":294018,"journal":{"name":"Oil Palm Industry Economic Journal","volume":"101 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121492554","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}