The palm oil revolution in Asia

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Abstract/Contents

Abstract
Palm oil has doubled its share of world vegetable oil consumption in the past twenty-five years to become the world's leading source of vegetable oil. Even though the environmental crises associated with oil palm are directly related to its cultivation (tropical forest loss, carbon emissions from drained peat swamps, biodiversity loss), studying supply interventions is insufficient. From a conservation perspective, the demand side of vegetable oils markets matters equally, if not more, since demand patterns affect the incentives facing producers. The dissertation begins by examining demand systems in Indonesia, today the world's largest palm oil producing country and the country with the highest palm oil consumption per capita. In Indonesia, higher palm oil consumption is the result not just of population and income growth but also of government policies that promoted an extraordinary substitution away from an alternative cooking oil. Comparing Indonesia to the other top two palm oil consuming countries in the world, India and China, reveals that Indonesia's experience is not representative of Asia. Different political and economic factors, from livestock production to trade policy, have produced different vegetable oil consumption patterns in each of these three markets. Finally, the dissertation examines the effect that biodiesel has had on vegetable oil demand and describes how a petroleum-price shock might play out in vegetable oils markets. Overall, the dissertation predicts a doubling of palm oil demand over the next twenty-five years and emphasizes how, given the highly substitutable nature of vegetable oils markets, small changes in relative prices can have exaggerated effects on palm oil demand. The elastic, or price sensitive, demand structure that producers face suggests that policies to increase yields are likely to cause more land conversion for oil palm.

Description

Type of resource text
Form electronic; electronic resource; remote
Extent 1 online resource.
Publication date 2012
Issuance monographic
Language English

Creators/Contributors

Associated with Gaskell, Joanne Catherine
Associated with Stanford University, Department of Environment and Resources.
Primary advisor Falcon, Walter P, 1936-
Primary advisor Naylor, Rosamond
Thesis advisor Falcon, Walter P, 1936-
Thesis advisor Naylor, Rosamond
Thesis advisor Mooney, Harold
Advisor Mooney, Harold

Subjects

Genre Theses

Bibliographic information

Statement of responsibility Joanne Catherine Gaskell.
Note Submitted to the Emmett Interdisciplinary Program in Environment and Resources.
Thesis Ph.D. Stanford University 2012
Location electronic resource

Access conditions

Copyright
© 2012 by Joanne Catherine Gaskell
License
This work is licensed under a Creative Commons Attribution Non Commercial 3.0 Unported license (CC BY-NC).

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