System dynamics analysis of the determinants of the Malaysian palm oil price

• Main Authors: Mohammadi, Sahra, Mohamed Arshad, Fatimah, Bala, Bilash Kanti, Ibragimov, Abdulla
• Format: Article
• Language: English
• Published: Science Publications 2015
• Online Access: http://psasir.upm.edu.my/id/eprint/46481/1/System%20dynamics%20analysis%20of%20the%20determinants%20of%20the%20Malaysian%20palm%20oil%20price.pdf; http://psasir.upm.edu.my/id/eprint/46481/; http://thescipub.com/journals/ajas

This paper investigates the major determinants of the Malaysian palm oil price using a system dynamics approach. System dynamics methodology is very relevant for examining the feedback relationships, non-linearity and delays exist in palm oil market. It helps understand the palm oil market struct...