DETERMINAN EKSPOR CRUDE PALM OIL INDONESIA PERIODE 2013:M01-2015:M12 PENDEKATAN ERROR CORECTION MODEL (ECM)
Abstract
The purpose of this study was to analyze the extent of influence of production, exchange, International CPO price and the Terms of Trade on Indonesian CPO exports in 2013:M01-2015:M12. The method used to analyze the determinants of Indonesian CPO exports is the approach of an error correction model (ECM). This study uses secondary data such as monthly time series data for the period 2013:M01-2015:M12.
The results of this study showed that variables International CPO price in the short and long term significant negative effect on Indonesia's CPO exports. Term of Trade in the short and long term significant positive effect on Indonesia's CPO exports. Production is evident in the short and long term positive and significant impact. While Exchange Rate in the short and long term not significant effect on Indonesia's CPO exports. Taken together the independent variable CPO prices International, Rupiah exchange rate against the dollar As, Terms of Trade and Production has a significant influence together to export CPO Indonesia, so it can be concluded that the testing of the hypothesis that the influence jointly variables free against Indonesian CPO exports unacceptable