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The Nature of Food Commodity Prices Volatility in Driving Inflation and Policy Nurliza Nurliza
Signifikan: Jurnal Ilmu Ekonomi Vol 6, No 1 (2017)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (505.299 KB) | DOI: 10.15408/sjie.v6i1.4523

Abstract

The objective of research is to analyze the volatility effect of food commodity prices and whether surging food commodity prices have spilled over into food inflation and total inflation with time series data through Box-Jenkins method for 12 food commodity prices. The results have proved that only beef price had high volatility effects and have asymmetric effect. While, soybeans, cooking oil, and food are vulnerable but did not have volatility effects. The change in food commodity prices are significant drive the inflation in the long-term although in the short-term insignificant. The government needs to overcome the full transmission effect of an exogenous shock and to introduce economic reform through investment, infrastructure, and markets for corn and egg for food inflation; eggs and peanuts for total inflation. Besides, strong second-round effects of higher commodity prices on inflation have generally been absent converged to core inflation.DOI:  10.15408/sjie.v6i1.4523
Strategic Policy of Coastal Sustainability based on Local Conditions and Needs in Sambas Regency, West Kalimantan Nurliza Nurliza; Eva Dolorosa; Agusmini Erawati
AGRARIS: Journal of Agribusiness and Rural Development Research Vol 4, No 1: January-June 2018
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (245.605 KB) | DOI: 10.18196/agr.4161

Abstract

Recently, there has been a growing controversy on strategic policy issues in coastal areas. Coastal regions have the most diverse, complex, and productive ecosystems due to demographic and economic pressure. This ecosystems are important for food security. On the other hand, coastal problems are national issues, not just state or local issues. This research aims to propose the priority dimension of a stakeholder role in a strategic policy to promote the coordination and sustainability of socioeconomic activities in coastal areas involving stakeholders as primary data, i.e. fishermen, merchants, private, and government using SUSTAIN indicators with AHP and Rap-Coastal methods. The result reveals that governance dimension was still the most priority and the most sustainable index to achieve policies; monitoring tools; human resources capacity building, implementation of good management practices; and public participation. Meanwhile, social well-being dimension was the most priority to achieve the economy through transportation; and attaining the goal of equity was the priority for government policy. There are three sensitive aspects of coastal sustainability management, including integrated program, identified parties actively informed and involved, and partnership between local governments and communities.