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Assessing the impact of limiting Indonesian palm oil exports to the European Union

Author

Listed:
  • Amzul Rifin

    (Bogor Agricultural University)

  • Feryanto

    (Bogor Agricultural University)

  • Herawati

    (Bogor Agricultural University)

  • Harianto

    (Bogor Agricultural University)

Abstract

The latest challenge faced by the Indonesian palm oil industry concerns the Delegated Act that has been adopted to limit the use of palm oil in biofuels because palm oil is considered to not support the sustainable development program. The objective of this article is to assess the suspension of Indonesia’s palm exports to the European Union in terms of Indonesia’s economic conditions. The Global Trade Analysis Project (GTAP) model is used to assess the impact, and the results indicate that the suspension will not create significant impacts on the economic growth, GDP, macro-welfare, and exports and imports of Indonesia.

Suggested Citation

  • Amzul Rifin & Feryanto & Herawati & Harianto, 2020. "Assessing the impact of limiting Indonesian palm oil exports to the European Union," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 9(1), pages 1-13, December.
  • Handle: RePEc:spr:jecstr:v:9:y:2020:i:1:d:10.1186_s40008-020-00202-8
    DOI: 10.1186/s40008-020-00202-8
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    References listed on IDEAS

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    Cited by:

    1. Ariodillah Hidayat & Bernadette Robiani & Taufiq Marwa & Suhel Suhel, 2023. "Competitiveness, Market Structure, and Energy Policies: A Case Study of the World s Largest Crude Palm Oil Exporter," International Journal of Energy Economics and Policy, Econjournals, vol. 13(3), pages 111-121, May.
    2. Fitri Nurfatriani & Ramawati & Galih Kartika Sari & Wiko Saputra & Heru Komarudin, 2022. "Oil Palm Economic Benefit Distribution to Regions for Environmental Sustainability: Indonesia’s Revenue-Sharing Scheme," Land, MDPI, vol. 11(9), pages 1-24, September.
    3. Mustafa Kocoglu & Phouphet Kyophilavong & Ashar Awan & So Young Lim, 2023. "Time-varying causality between oil price and exchange rate in five ASEAN economies," Economic Change and Restructuring, Springer, vol. 56(2), pages 1007-1031, April.

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    Keywords

    Palm oil; European Union; Import;
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