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Nexus between production input and price commodity: an integration analysis of rice barns in East Java of Indonesia

This study aims to examine the causality between production input and the price of rice in East Java, Indonesia. This study applied a quantitative method to understand in a comprehensive way the correlation between variables. The data used for this study were collected from several sources, includin...

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Main Authors: Dwi, Wulandari, Narmaditya, Bagus Shandy, Prayitno, Putra Hilmi, Ishak, Suryati, Sahid, Sheerad, Qodri, Lutfi Asnan
Format: Article
Language:English
Published: Korea Institute of Science and Technology Information 2020
Online Access:http://psasir.upm.edu.my/id/eprint/86901/1/Nexus%20between%20production%20input.pdf
http://psasir.upm.edu.my/id/eprint/86901/
https://www.koreascience.or.kr/article/JAKO202029062616513.page
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spelling my.upm.eprints.869012022-01-03T03:28:31Z http://psasir.upm.edu.my/id/eprint/86901/ Nexus between production input and price commodity: an integration analysis of rice barns in East Java of Indonesia Dwi, Wulandari Narmaditya, Bagus Shandy Prayitno, Putra Hilmi Ishak, Suryati Sahid, Sheerad Qodri, Lutfi Asnan This study aims to examine the causality between production input and the price of rice in East Java, Indonesia. This study applied a quantitative method to understand in a comprehensive way the correlation between variables. The data used for this study were collected from several sources, including East Java Agriculture Office, Siskaperbapo.com, and Statistics Indonesia (BPS) of East Java. This research was carried out over five years, starting from 2014 to 2018. Furthermore, the data were analyzed using the Vector Error Correction Model (VECM) by employing E-Views (version 7). The findings of this study indicated that, in the long run, the population, rice production, and changes in people's income have a positive effect on price stability, but are inversely proportional if seen in the short term. In comparison, in the long run, farmer exchange rates variable has a negative impact on price stability, and inversely proportional in the short term, which has a positive effect. There are different implications when the people's income increases and the rice price declines; these have great potential to alleviate poverty in East Java, Indonesia. This is due to the fact that the price stability also concerns the welfare of the community. Korea Institute of Science and Technology Information 2020-10-30 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/86901/1/Nexus%20between%20production%20input.pdf Dwi, Wulandari and Narmaditya, Bagus Shandy and Prayitno, Putra Hilmi and Ishak, Suryati and Sahid, Sheerad and Qodri, Lutfi Asnan (2020) Nexus between production input and price commodity: an integration analysis of rice barns in East Java of Indonesia. Journal of Asian Finance, Economics and Business, 7 (10). 451 - 459. ISSN 2288-4637; ESSN: 2288-4645 https://www.koreascience.or.kr/article/JAKO202029062616513.page 10.13106/jafeb.2020.vol7.no10.451
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description This study aims to examine the causality between production input and the price of rice in East Java, Indonesia. This study applied a quantitative method to understand in a comprehensive way the correlation between variables. The data used for this study were collected from several sources, including East Java Agriculture Office, Siskaperbapo.com, and Statistics Indonesia (BPS) of East Java. This research was carried out over five years, starting from 2014 to 2018. Furthermore, the data were analyzed using the Vector Error Correction Model (VECM) by employing E-Views (version 7). The findings of this study indicated that, in the long run, the population, rice production, and changes in people's income have a positive effect on price stability, but are inversely proportional if seen in the short term. In comparison, in the long run, farmer exchange rates variable has a negative impact on price stability, and inversely proportional in the short term, which has a positive effect. There are different implications when the people's income increases and the rice price declines; these have great potential to alleviate poverty in East Java, Indonesia. This is due to the fact that the price stability also concerns the welfare of the community.
format Article
author Dwi, Wulandari
Narmaditya, Bagus Shandy
Prayitno, Putra Hilmi
Ishak, Suryati
Sahid, Sheerad
Qodri, Lutfi Asnan
spellingShingle Dwi, Wulandari
Narmaditya, Bagus Shandy
Prayitno, Putra Hilmi
Ishak, Suryati
Sahid, Sheerad
Qodri, Lutfi Asnan
Nexus between production input and price commodity: an integration analysis of rice barns in East Java of Indonesia
author_facet Dwi, Wulandari
Narmaditya, Bagus Shandy
Prayitno, Putra Hilmi
Ishak, Suryati
Sahid, Sheerad
Qodri, Lutfi Asnan
author_sort Dwi, Wulandari
title Nexus between production input and price commodity: an integration analysis of rice barns in East Java of Indonesia
title_short Nexus between production input and price commodity: an integration analysis of rice barns in East Java of Indonesia
title_full Nexus between production input and price commodity: an integration analysis of rice barns in East Java of Indonesia
title_fullStr Nexus between production input and price commodity: an integration analysis of rice barns in East Java of Indonesia
title_full_unstemmed Nexus between production input and price commodity: an integration analysis of rice barns in East Java of Indonesia
title_sort nexus between production input and price commodity: an integration analysis of rice barns in east java of indonesia
publisher Korea Institute of Science and Technology Information
publishDate 2020
url http://psasir.upm.edu.my/id/eprint/86901/1/Nexus%20between%20production%20input.pdf
http://psasir.upm.edu.my/id/eprint/86901/
https://www.koreascience.or.kr/article/JAKO202029062616513.page
_version_ 1724075476477018112
score 13.211869

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