https://opiej.mpob.gov.my Oil Palm Industry Economic Journal Tue, 28 Aug 2018 06:44:29 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://opiej.mpob.gov.my/the-impact-of-petroleum-prices-on-vegetable-oils-prices-evidence-from-co-integration-tests/ Tue, 28 Aug 2018 06:44:29 +0000 https://opiej.mpob.gov.my/?p=263 Read more]]> The prices of petroleum and vegetable oils appear to be moving in tandem, a trend which was not observed before. This study seeks to investigate the long-term relationship between the prices of crude oil and selected vegetable oils. To that end, the bivariate co-integration approach using the Engle-Granger two-stage estimation procedure was applied. The study utilized monthly data over the period of January 1983 through March 2008. The results provide strong evidence of a long-run relationship between the two product prices.

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