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Factors Affecting Rice Prices in Indonesia (Production, Consumption, Imports, International Prices, Crop Damage) Ugi Sugiharto
International Journal of Economics and Management Sciences Vol. 1 No. 3 (2024): August : International Journal of Economics and Management Sciences
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/ijems.v1i3.183

Abstract

Rice prices in Indonesia have experienced significant fluctuations from 2019 to 2023, influenced by factors such as production, consumption, imports, international prices, and crop damage. The highest rice production was recorded in 2022 at 31,540,522 tons, while the lowest production occurred in 2023 at 31,101,285 tons. The highest rice consumption was in 2023 at 30,616,081 tons, and the lowest was in 2019 at 28,930,000 tons. The highest rice imports were in 2023 at 2,715,854 tons, and the lowest was in 2019 at 6,197 tons. Global rice prices also fluctuated, ranging from Rp. 6,674/kg in 2019 to Rp. 8,667/kg in 2023. Crop damage was lowest in 2022 at 470,131 hectares and highest in 2019 at 819,444 hectares. It's important to note that the fluctuations in rice prices are intensely influenced by several factors that highlight the need for effective price stabilization policies to guarantee the accessibility and affordability of rice for the public.
The Contribution of The Realization of Agricultural Product Industry Investment to Gross Domestic Product of Agricultural and Employment in Indonesia Ugi Sugiharto; Pudji Astuty; Sugiyanto , Sugiyanto
Jurnal Multidisiplin Indonesia Vol. 3 No. 2 (2025): Juni : Jurnal Multidisiplin Indonesia
Publisher : PT. ALHAFI BERKAH INDONESIA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62007/joumi.v3i2.497

Abstract

The agricultural sector plays a crucial role in Indonesia's economy, contributing significantly to the Gross Domestic Product (GDP) and providing employment opportunities for a large portion of the population. Recent trends indicate an increase in investments in the agricultural product industry, which raises important questions about its potential impact on economic growth and job creation. Understanding this relationship is vital for policymakers aiming to enhance the sector's contributions to overall economic development.. This research aims to investigate the contribution of agricultural product industry investment to the Gross Domestic Product (GDP) of the agricultural sector and employment levels. To achieve this, the study employs the Error Correction Model (ECM) for data analysis, enabling a thorough examination of both short-term and long-term relationships between the variables. The results reveal that the realization of agricultural industry investment has a significant and positive impact on agricultural GDP and employment opportunities. These findings underscore the potential of agricultural investment as a vital strategy for stimulating economic growth and addressing unemployment in the sector.