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Analysis of the Development of Production and Exports of Crude Palm Oil (CPO) in West Sumatra Province

In: Proceedings of the 8th International Conference on Accounting, Management, and Economics (ICAME 2023)

Author

Listed:
  • Fitriwati Djam’an

    (Hasanuddin University)

  • Amanus Khalifah Fil’ardy

    (Hasanuddin University)

  • Nur Dwiana Sari Saudi

    (Hasanuddin University)

  • Retno Fitrianti

    (Hasanuddin University)

  • Subhan Djaya

    (Makassar Islamic University)

  • Nurul Udita

    (Hasanuddin University)

Abstract

This study aims to determine the effect of oil palm plantation area, international CPO prices, oil palm plantation labor, and CPO exports both directly and indirectly through palm oil production. This study uses secondary data obtained from the Central Bureau of Statistics and Ministry of Trade. The data used is time series data for 2002–2021 in West Sumatra Province. The analytical method used is path analysis using AMOS.23. The results of this study indicate that the variable area of oil palm plantations does not have a direct effect on CPO exports, but has an indirect effect on CPO exports through the variable oil palm production. While the international CPO price variable has no significant relationship to CPO exports either directly or indirectly through the variable palm oil production. Meanwhile, the labor variable in oil palm plantations has no direct effect on CPO exports. However, it indirectly affects CPO exports through the variable palm oil production.

Suggested Citation

  • Fitriwati Djam’an & Amanus Khalifah Fil’ardy & Nur Dwiana Sari Saudi & Retno Fitrianti & Subhan Djaya & Nurul Udita, 2024. "Analysis of the Development of Production and Exports of Crude Palm Oil (CPO) in West Sumatra Province," Advances in Economics, Business and Management Research, in: Arianto Patunru & Mubariq Ahmad & Mursalim Nohong & Arifuddin Arifuddin & Anas Iswanto Anwar & Rakhm (ed.), Proceedings of the 8th International Conference on Accounting, Management, and Economics (ICAME 2023), pages 587-605, Springer.
  • Handle: RePEc:spr:advbcp:978-94-6463-400-6_45
    DOI: 10.2991/978-94-6463-400-6_45
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