Hilmi, Y.S. and Utami, A.W. (2021) Does RSPO certification affects the amount of CO2 emission in Indonesia? In: The 7th International Conference on Sustainable Agriculture and Environment.
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Abstract
As the most giant Crude Palm Oil (CPO) producer, Indonesia faces environmental issues. In 2004, the adoption of Roundtable Sustainable Palm Oil (RSPO) aimed at reducing the negative effect created by the palm oil industries. This study examined the impact of RSPO certification in the Indonesian palm oil industries on the amount of CO2 as one component of GHG emissions. This study used time series data from 1981 to 2016, collected from the World Bank, the Tree Crop Estate Statistics of Indonesia, and UnComtrade. Vector Error Correction Model (VECM), with the amount of CO2 emissions in Indonesia as the dependent variables, was run against the area used to produce CPO, the amount of CPO produced by Indonesia, the CPO price of Indonesia, and the dummy variable that is RSPO certification. The results show that the model has both short and long-term equilibrium relationships. While the RSPO certification as a dummy variable is not associated with the amount of CO2 emissions in Indonesia. © 2021 Institute of Physics Publishing. All rights reserved.
Item Type: | Conference or Workshop Item (Paper) |
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Additional Information: | Cited by: 0; Conference name: 7th International Conference on Sustainable Agriculture and Environment, ICSAE 2020; Conference date: 25 August 2020 through 27 August 2020; Conference code: 166934; All Open Access, Gold Open Access |
Uncontrolled Keywords: | Carbon dioxide; Crops; Error correction; Greenhouse gases; Petroleum industry; Sustainable development; Time series; Trees (mathematics); CO2 emissions; Crude palm oil; Dependent variables; Dummy variables; Environmental issues; Oil industries; Time-series data; Vector error correction model; Palm oil |
Subjects: | H Social Sciences > HS Societies secret benevolent etc S Agriculture > S Agriculture (General) |
Divisions: | Faculty of Agriculture > Department of Social Agricultural Economics |
Depositing User: | Sri JUNANDI |
Date Deposited: | 22 Oct 2024 04:04 |
Last Modified: | 22 Oct 2024 04:04 |
URI: | https://ir.lib.ugm.ac.id/id/eprint/5487 |