@article{Adhikari:335417,
      recid = {335417},
      author = {Adhikari, Shweta  and Poudel, Dikshit  and Gopinath,  Munisamy },
      title = {Is Policy Greasing the Wheels of Global Palm Oil Trade?},
      journal = {Research on World Agricultural Economy},
      address = {2023-06-19},
      number = {2455-2023-1384},
      month = {Jun},
      year = {2023},
      abstract = {Oil palm is the major source of edible oil and feedstock  consumed in the world. This study examined the determinants  of global palm oil trade with attention to the effects of  trade policies using a gravity model, PPML estimator, and  the data from 1988-2020. Palm oil’s dramatic trade growth  in recent years can be attributed to the economic growth of  large countries, the proximity of partners and policies.  Trade agreements increased crude and refined palm oil trade  by up to 8 and 4 percent of the global import value,  respectively. Further, the effects of policy changes due to  COVID-19 and the recent export ban in Indonesia are also  quantified.},
      url = {http://ageconsearch.umn.edu/record/335417},
      doi = {https://doi.org/10.22004/ag.econ.335417},
}