A market model for Malaysian palm oil industry


Citation

Mad Nasir Shamsudin, . and Fatimah Mohd Arshad, . and Zainal Abidin Mohamed, . and Abdul Rahman Lubis, . A market model for Malaysian palm oil industry. pp. 81-102. ISSN 0127-7685

Abstract

The study develops an econometric model for Malaysian palm oil market. The model consists of supply demand stock and price components. The supply component takes into account the role of rubber prices and replanting grant in production decision. Attempts are made to differentiate the supply response of estate and smallholder sectors. Both domestic and export demands for palm oil are estimated. Seven main export destinations of Malaysian palm oil are selected in estimating export demand function. The model is then validated based on its predictive power.


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Abstract

The study develops an econometric model for Malaysian palm oil market. The model consists of supply demand stock and price components. The supply component takes into account the role of rubber prices and replanting grant in production decision. Attempts are made to differentiate the supply response of estate and smallholder sectors. Both domestic and export demands for palm oil are estimated. Seven main export destinations of Malaysian palm oil are selected in estimating export demand function. The model is then validated based on its predictive power.

Additional Metadata

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Item Type: Article
Additional Information: Summaries (En Ms)
AGROVOC Term: ACEITES DE PALMAS
AGROVOC Term: INDUSTRIA
AGROVOC Term: MODELOS ECONOMETRICOS
AGROVOC Term: MERCADOS
AGROVOC Term: OFERTA
AGROVOC Term: DEMANDA
AGROVOC Term: EXISTENCIAS
AGROVOC Term: PRECIOS
AGROVOC Term: MALASIA
Depositing User: Ms. Norfaezah Khomsan
Last Modified: 24 Apr 2025 05:51
URI: http://webagris.upm.edu.my/id/eprint/17272

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