Market Integration of Palm Oil in South Sumatera

Taufiq Marwa; Abukosim; Mukhtaruddin; Abdul Bashir; K.M. Husni Thamrin

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Paper

Market Integration of Palm Oil in South Sumatera

In Proceedings of the 4th Sriwijaya Economics, Accounting, and Business Conference SEABC - Volume 1, 432-438, 2018 , Palembang, South Sumatra, Indonesia

Authors: Taufiq Marwa ; Abukosim ; Mukhtaruddin ; Abdul Bashir and K.M. Husni Thamrin

Affiliation: Faculty of Economics, Unviersitas Sriwijaya, Indonesia

Keyword(s): central market, local market, market integration, palm oil

Abstract: This study aims to determine the integration of the palm oil commodity market in South Sumatra. This market integration will be seen through the effect the price of palm oil in the central market on the price of palm oil in the local market and the influence of prices on the local market on the price of palm oil in the central market. The data used in this study are secondary data issued by the Central Bureau of Statistics (BPS) of South Sumatra Province, Directorate General of Plantations, and other relevant institutions. The analytical tool used in this study is the granger causality test. The results indicate that there is a one-way influence that the price of palm oil in the local market influences the price of palm oil in the central market while the price of palm oil in the central market does not affect the price of palm oil in the local market.

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Paper citation in several formats:

Marwa, T.; Abukosim.; Mukhtaruddin.; Bashir, A. and Thamrin, K. (2019). Market Integration of Palm Oil in South Sumatera. In Proceedings of the 4th Sriwijaya Economics, Accounting, and Business Conference - SEABC; ISBN 978-989-758-387-2; ISSN 2184-5212, SciTePress, pages 432-438. DOI: 10.5220/0008441004320438

@conference{seabc19,
author={Taufiq Marwa. and Abukosim. and Mukhtaruddin. and Abdul Bashir. and K.M. Husni Thamrin.},
title={Market Integration of Palm Oil in South Sumatera},
booktitle={Proceedings of the 4th Sriwijaya Economics, Accounting, and Business Conference - SEABC},
year={2019},
pages={432-438},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0008441004320438},
isbn={978-989-758-387-2},
issn={2184-5212},
}

TY - CONF

JO - Proceedings of the 4th Sriwijaya Economics, Accounting, and Business Conference - SEABC
TI - Market Integration of Palm Oil in South Sumatera
SN - 978-989-758-387-2
IS - 2184-5212
AU - Marwa, T.
AU - Abukosim.
AU - Mukhtaruddin.
AU - Bashir, A.
AU - Thamrin, K.
PY - 2019
SP - 432
EP - 438
DO - 10.5220/0008441004320438
PB - SciTePress