The Trade Competitiveness of Palm-Biodiesel in Renewable Energy Market
Norashida Othman (),
Zulkornain Yusop (),
Mohd Mansor Ismail () and
Syamsul Herman Mohammad Afandi ()
Additional contact information
Norashida Othman: Economics Department Faculty of Economics and Management, Universiti Putra Malaysia, 43400 Serdang Selangor, MALAYSIA
Zulkornain Yusop: Putra Business School Serdang, Malaysia & Faculty of Economics and Management, Universiti Putra Malaysia, 43400 Serdang Selangor, MALAYSIA
Mohd Mansor Ismail: Institute of Agricultural and Food Policy Studies Universiti Putra Malaysia, 43400 Serdang Selangor, MALAYSIA
Syamsul Herman Mohammad Afandi: Faculty of Economics and Management, Universiti Putra Malaysia, 43400 Serdang Selangor, MALAYSIA & Institute of Agricultural and Food Policy Studies Universiti Putra Malaysia, 43400 Serdang Selangor, MALAYSIA
Jurnal Ekonomi Malaysia, 2020, vol. 54, issue 1, 33-42
Abstract:
Following the decline of Malaysian biodiesel export revenue since 2009, the value has been fluctuating in recent years amid fierce global competition. Thus, it is important to assess the competitiveness of Malaysia-produced biodiesel. In comparison to other major biodiesel-producing countries including Indonesia, the United States of America, and Germany. Hence, this paper aimed to investigate the competitiveness of the Malaysian biodiesel industry based on the Relative Trade Advantage (RTA) indices with respect to the main competitors. Data from 2012 to 2016 were analyzed for selected biodiesel commodities. The RTA index indicated that Malaysia could potentially grow further despite being a minor producer. Hence, there is a need to strengthen the palm oil industry as it can be a definite source of higher export earnings.
Keywords: Competitiveness; Relative Trade Advantage (RTA); biodiesel; palm oil (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://www.ukm.my/jem/wp-content/uploads/2021/05/jeko_541-3.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:54:y:2020:i:1:p:33-42
DOI: 10.17576/JEM-2020-5401-3
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 ().