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Respons penawaran pengeluar minyak sawit Malaysia : model harta jangkaan

The objective of this study is to determine how Malaysia's palm oil producers form their own price expectation at the time when palm oil supply is made. Five own price expectations were formed according to the process suggested by cobweb theorem, extrapolative, simple weighted,adaptive, and ra...

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Main Author: Mohamed Berawi, Fuad
Format: Article
Language:English
Published: Universiti Utara Malaysia 2004
Subjects:
SB Plant culture
Online Access:http://repo.uum.edu.my/107/1/Fuad_Mohamed_Berawi.pdf
http://repo.uum.edu.my/107/
http://ijms.uum.edu.my
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spelling my.uum.repo.1072010-07-04T03:10:13Z http://repo.uum.edu.my/107/ Respons penawaran pengeluar minyak sawit Malaysia : model harta jangkaan Mohamed Berawi, Fuad SB Plant culture The objective of this study is to determine how Malaysia's palm oil producers form their own price expectation at the time when palm oil supply is made. Five own price expectations were formed according to the process suggested by cobweb theorem, extrapolative, simple weighted,adaptive, and rational expectation hypotheses. Consequently, price expectation was nested in the desired supply model with consideration of partial adjustment hypothesis framework to be tested in the palm oil supply function to illustrate the long term relationship. Research finding has shown that rational expectation hypothesis is best to explain the expectation process in achieving desired supply and shows short run elasticity is lower in relation to long run in all variables. Own price expectation is more elastic compared to other variables in influencing supply. Finding also shows that the diference between desired and real supply is only 4.5% Universiti Utara Malaysia 2004 Article PeerReviewed application/pdf en http://repo.uum.edu.my/107/1/Fuad_Mohamed_Berawi.pdf Mohamed Berawi, Fuad (2004) Respons penawaran pengeluar minyak sawit Malaysia : model harta jangkaan. International Journal of Management Studies (IJMS), 11 (1&2). pp. 145-164. ISSN 0127-8983 http://ijms.uum.edu.my
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic SB Plant culture
spellingShingle SB Plant culture
Mohamed Berawi, Fuad
Respons penawaran pengeluar minyak sawit Malaysia : model harta jangkaan
description The objective of this study is to determine how Malaysia's palm oil producers form their own price expectation at the time when palm oil supply is made. Five own price expectations were formed according to the process suggested by cobweb theorem, extrapolative, simple weighted,adaptive, and rational expectation hypotheses. Consequently, price expectation was nested in the desired supply model with consideration of partial adjustment hypothesis framework to be tested in the palm oil supply function to illustrate the long term relationship. Research finding has shown that rational expectation hypothesis is best to explain the expectation process in achieving desired supply and shows short run elasticity is lower in relation to long run in all variables. Own price expectation is more elastic compared to other variables in influencing supply. Finding also shows that the diference between desired and real supply is only 4.5%
format Article
author Mohamed Berawi, Fuad
author_facet Mohamed Berawi, Fuad
author_sort Mohamed Berawi, Fuad
title Respons penawaran pengeluar minyak sawit Malaysia : model harta jangkaan
title_short Respons penawaran pengeluar minyak sawit Malaysia : model harta jangkaan
title_full Respons penawaran pengeluar minyak sawit Malaysia : model harta jangkaan
title_fullStr Respons penawaran pengeluar minyak sawit Malaysia : model harta jangkaan
title_full_unstemmed Respons penawaran pengeluar minyak sawit Malaysia : model harta jangkaan
title_sort respons penawaran pengeluar minyak sawit malaysia : model harta jangkaan
publisher Universiti Utara Malaysia
publishDate 2004
url http://repo.uum.edu.my/107/1/Fuad_Mohamed_Berawi.pdf
http://repo.uum.edu.my/107/
http://ijms.uum.edu.my
_version_ 1644277693880991744
score 13.211869

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