Demand for Palm Oil in the Balkans using Autoregressive Distributed Lag (ARDL)

Kalsom Zakaria (), Jirsah A Bakar Kunchu (), Kamalrudin Mohamed Salleh (), Abdul Hafizh Mohd Azam (), Nur Ain Mohd Hassan () and Balu Nambiappan ()
Additional contact information
Kalsom Zakaria: Malaysian Palm Oil Board 6 Persiaran Institusi Bandar Baru Bangi, 43000 Kajang Selangor MALAYSIA
Jirsah A Bakar Kunchu: KDU University College Sdn. Bhd. Ultropolis Glenmarie Jalan Kontraktor U1/14 Seksyen U1 40150 Shah Alam Selangor MALAYSIA
Kamalrudin Mohamed Salleh: Malaysian Palm Oil Board 6 Persiaran Institusi Bandar Baru Bangi 43000 Kajang Selangor MALAYSIA
Abdul Hafizh Mohd Azam: Faculty of Economics and Management National University of Malaysia 43600 Bangi, Selangor MALAYSIA
Nur Ain Mohd Hassan: Malaysian Palm Oil Board 6 Persiaran Institusi Bandar Baru Bangi 43000 KAJANG SELANGOR MALAYSIA
Balu Nambiappan: Malaysian Palm Oil Board 6 Persiaran Institusi Bandar Baru Bangi 43000 Kajang Selangor MALAYSIA

Jurnal Ekonomi Malaysia, 2019, vol. 53, issue 1, 145-152

Abstract: Demand for edible oils and fats in the Balkan countries shows an increasing trend, including the demand for palm oil. Imports of palm oil for this region are mainly sourced directly from major producing countries, namely Indonesia and Malaysia. The Balkan countries also import palm oil from non-palm oil producing countries like the Netherlands, Germany and Italy. This study differs from existing studies on palm oil demand as it focuses on palm oil demand specifically in the 4 countries of the Balkan Region. Therefore, the quarterly data from from 2008 to 2016 are used to examine the factors affecting demand for palm oil in the Balkans using, this study used autoregressive distributed lag (ARDL). The result of the bound test from 4 Balkan countries only in 3 countries shows that the studied variables and palm oil demand there is a long-run relationship. The countries are Bulgaria, Croatia and Greece. This study also shows that GDP, population and palm oil price have significant influence on the demand for palm oil in the Balkan countries.

Keywords: ARDL; Balkans; Malaysia; Palm Oil Demand (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.ukm.my/jem/wp-content/uploads/2021/06/jeko_531-12.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ukm:jlekon:v:53:y:2019:i:1:p:145-152

DOI: 10.17576/JEM-2019-5301-12

Access Statistics for this article

More articles in Jurnal Ekonomi Malaysia from Faculty of Economics and Business, Universiti Kebangsaan Malaysia Contact information at EDIRC.
Bibliographic data for series maintained by Muhammad Asri Abd Ghani ().