Pembentukan Model Pengeluaran Biofuel Bagi Alternatif Bahan Api

The purpose of this research is to develop a basic biofuel production model as an alternative for fuel. This research model consists of a few components which are palm oil price, natural oil price,government expenses for agriculture and also the amount of world population. Data from the period of ye...

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Main Author: Low, Chong Shyang
Format: Thesis
Language:eng
eng
Published: 2009
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Online Access:https://etd.uum.edu.my/1878/1/Low_Chong_Shyang.pdf
https://etd.uum.edu.my/1878/2/1.Low_Chong_Shyang.pdf
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institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
topic TJ Mechanical engineering and machinery
spellingShingle TJ Mechanical engineering and machinery
Low, Chong Shyang
Pembentukan Model Pengeluaran Biofuel Bagi Alternatif Bahan Api
description The purpose of this research is to develop a basic biofuel production model as an alternative for fuel. This research model consists of a few components which are palm oil price, natural oil price,government expenses for agriculture and also the amount of world population. Data from the period of year 1990 to 2006 are annually used for the purpose of this research. OLS method has been used in this research to estimate factors which influence the biofuel production. Regression result for this model indicates that the biofuel production is satisfactory which R² equal to 0.9884. This research is supported by empirical evidence that market information can be applied in developing biofuel production model as an alternative for fuel. Biofuel production not just based on its price itself but also helped by the natural oil price and also government expenses for agriculture in order to decide to supply more palm oil based biofuel in domestic and oversea market. The other objective for this research is to empirically estimate and predict the biofuel production in future.Overall, the approximately results for this model fulfill the econometric assumptions which are no multicolinearity,heteroscedasticity and autocorrelation. Lastly, biofuel production trend forecast that in the future, the production only fluctuate with little increment.
format Thesis
qualification_name masters
qualification_level Master's degree
author Low, Chong Shyang
author_facet Low, Chong Shyang
author_sort Low, Chong Shyang
title Pembentukan Model Pengeluaran Biofuel Bagi Alternatif Bahan Api
title_short Pembentukan Model Pengeluaran Biofuel Bagi Alternatif Bahan Api
title_full Pembentukan Model Pengeluaran Biofuel Bagi Alternatif Bahan Api
title_fullStr Pembentukan Model Pengeluaran Biofuel Bagi Alternatif Bahan Api
title_full_unstemmed Pembentukan Model Pengeluaran Biofuel Bagi Alternatif Bahan Api
title_sort pembentukan model pengeluaran biofuel bagi alternatif bahan api
granting_institution Universiti Utara Malaysia
granting_department College of Business (COB)
publishDate 2009
url https://etd.uum.edu.my/1878/1/Low_Chong_Shyang.pdf
https://etd.uum.edu.my/1878/2/1.Low_Chong_Shyang.pdf
_version_ 1747827224402198528
spelling my-uum-etd.18782013-07-24T12:13:33Z Pembentukan Model Pengeluaran Biofuel Bagi Alternatif Bahan Api 2009 Low, Chong Shyang College of Business (COB) College of Business TJ Mechanical engineering and machinery The purpose of this research is to develop a basic biofuel production model as an alternative for fuel. This research model consists of a few components which are palm oil price, natural oil price,government expenses for agriculture and also the amount of world population. Data from the period of year 1990 to 2006 are annually used for the purpose of this research. OLS method has been used in this research to estimate factors which influence the biofuel production. Regression result for this model indicates that the biofuel production is satisfactory which R² equal to 0.9884. This research is supported by empirical evidence that market information can be applied in developing biofuel production model as an alternative for fuel. Biofuel production not just based on its price itself but also helped by the natural oil price and also government expenses for agriculture in order to decide to supply more palm oil based biofuel in domestic and oversea market. The other objective for this research is to empirically estimate and predict the biofuel production in future.Overall, the approximately results for this model fulfill the econometric assumptions which are no multicolinearity,heteroscedasticity and autocorrelation. Lastly, biofuel production trend forecast that in the future, the production only fluctuate with little increment. 2009 Thesis https://etd.uum.edu.my/1878/ https://etd.uum.edu.my/1878/1/Low_Chong_Shyang.pdf application/pdf eng validuser https://etd.uum.edu.my/1878/2/1.Low_Chong_Shyang.pdf application/pdf eng public masters masters Universiti Utara Malaysia Alhajji, A. F & Huettner, D. (1996). OPEC and World Crude Oil Market from 1973 to 1994: Cartel, Oligopoly, or Competitive?. 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