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Research Paper on The Factors Affecting Global Palm Oil Trade Competitiveness

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Research Paper on The Factors Affecting Global Palm Oil Trade Competitiveness

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Title: The Factors Affecting Global Palm Oil Trade Competitiveness

Abstract: Palm oil is a crucial ingredient used in the production of many everyday items and is fiercely competitive with vegetable oil. The movement of the palm oil trade has created a fierce and complicated competition in the palm oil market. The study looked at the factors that affect competitiveness, stability, and longevity in the international trade in palm oil. Using descriptive analysis, panel regression, stability, and Kaplan-Meier tests, this research was examined from 1996 to 2019. The findings demonstrated that centralized supply and dispersed demand characterize the global palm oil market. Based on revealed symmetric comparative advantage (RSCA) and the trade balance index (TBI), palm oil is competitive with its global suppliers. Population growth and the importation of vegetable or animal fats and oils are the two factors that positively impact the competitiveness of the global palm oil market. Dummy RSPO and GDP per capita have a negative impact on competitiveness. The stability and duration analysis demonstrated how fiercely competitive the international palm oil market is.

Keywords: comparative advantage; competitiveness; global market; palm oil; trade

Paper Quality: SCOPUS / Web of Science Level Research Paper

Subject: Economics

Writer Experience: 20+ Years

Plagiarism Report: Turnitin Plagiarism Report will be less than 10%

Restriction: Only one author may purchase a single paper. The paper will then indicate that it is out of stock.

What will I get after the purchase?

A turnitin plagiarism report of less than 10% in a pdf file and a full research paper in a word document.

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