@article{Rifin:50828,
      recid = {50828},
      author = {Rifin, Amzul},
      title = {Price Linkage between International Price of Crude Palm  Oil (CPO) and Cooking Oil Price in Indonesia},
      address = {2009},
      number = {1005-2016-79025},
      series = {Contributed Paper},
      pages = {21},
      year = {2009},
      abstract = {Cooking oil in Indonesia is considered to be one of the  staple food of Indonesian people. In the beginning of 2008,  the price of cooking oil in Indonesia has increased  significantly. One of the reasons is the increase of Crude  Palm Oil (CPO) price in the international market. The  objective of this research is to investigate the impacts of  international price of CPO on the domestic price of CPO and  cooking oil. Three specific objectives are included (1) To  test whether international price of CPO and domestic price  of CPO and cooking oil are related through cointegration  tests, (2) To test the causal relationships between  international price of CPO and domestic price of CPO and  cooking oil and (3) To analyze how domestic price of CPO  and cooking oil food prices respond to a change in  international price of CPO
The result indicates that  international price of CPO, domestic price of CPO and  cooking oil price are not cointegrated. In addition, using  the Granger causality method, it shows that international  price of CPO influence the domestic price of CPO and  cooking oil price. Meanwhile, domestic price of CPO and  cooking oil price affects each other.},
      url = {http://ageconsearch.umn.edu/record/50828},
      doi = {https://doi.org/10.22004/ag.econ.50828},
}