Analysis of Indonesia's market position in palm oil market in China and India.

摘要

The objective of the study is to analyze the competition between palm oil with its substitute and between Indonesia's and Malaysia's palm oil in China and India. An import demand equation using Almost Ideal Demand System (AIDS) is constructed. The result indicates that Indonesia's palm oil is more elastic in China and India. Moreover, in China, Indonesia's and Malaysia's palm oil complement each other.