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All Journal Journal of Rural and Urban Community Studies
Fitdyanto, Arif
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Agriculture, Biological Sciences & Forestry Economics, Econometrics & Finance

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Analysis of Rice Demand in Klaten Regency Fitdyanto, Arif; Mahananto; Prasetyo, Agung
Journal of Rural and Urban Community Studies Vol. 2 No. 2 (2024): August
Publisher : Agribusiness Department, Agriculture Faculty, Tunas Pembangunan University, Surakarta, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36728/jrucs.v2i2.4022

Abstract

This study aims to analyze the influence of rice prices, population size, and income on rice demand, as well as to determine the elasticity of rice demand in Klaten Regency. A descriptive analysis method was employed using secondary time series data over a period of 10 years (2013-2022), which included rice demand and population data. The data analysis model applied was multiple linear regression and classical assumption tests. Hypotheses were tested using t-tests, F-tests, and R-squared tests. The results indicate that: 1) Rice prices have a negative influence on rice demand, with a p-value of 0.06; 2) Population size has a positive influence on rice demand, with a p-value of 0.003; 3) Per capita income positively influences rice demand, with a p-value of 0.004; and 4) Rice demand is inelastic, as the price elasticity coefficient (0 < Ep < 1) suggests that changes in rice demand are smaller than changes in rice prices. Income elasticity (EI > 1) indicates that rice demand increases significantly with higher income levels.
Co-Authors Jayawarsa, A.A. Ketut Mahananto