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Bisoumi, Yan Nazala
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Computer Science & IT

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Waiting Time Analysis of Willingness to Pay for Rice Farming Insurance Premiums Using Cox Proportional Hazard Modeling and Weibull Method Mutiah, Siti; Bisoumi, Yan Nazala; Nudyawati, Elsa; Daud, Khamidah Arsyad; Nisa, Rofiah Ainun; Sulistiani, Dwi; Amri, Ihsan Fathoni; Ningrum, Ariska Fitriyana; Mostfa, Ahmed A.
Scientific Journal of Computer Science Vol. 1 No. 1 (2025): June
Publisher : PT. Teknologi Futuristik Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.64539/sjcs.v1i1.2025.34

Abstract

Rice is a primary commodity in Indonesia's agricultural sector but is highly vulnerable to climate risks such as floods, droughts, and pest infestations. To mitigate these risks, the government, in collaboration with PT. Asuransi Jasa Indonesia (Jasindo), launched the Rice Farming Insurance Program (AUTP) in 2015. This study aims to analyze the willingness-to-pay time of farmers for AUTP premiums in Jayaraksa Village, Cimaragas Subdistrict, Ciamis Regency, using Weibull regression and Cox Proportional Hazard models. Factors such as education, secondary employment, rice production, and farming costs were examined to understand their influence on farmers' participation. Based on the analysis, the Weibull regression model, with a lower AIC value compared to Cox Proportional Hazard (270.4431 vs. 330.9111), demonstrated better performance in explaining the data. This research contributes to the development of more effective AUTP policies by identifying key factors influencing farmers' participation.
Co-Authors Amri, Ihsan Fathoni Ariska Fitriyana Ningrum Daud, Khamidah Arsyad Dwi Sulistiani Mostfa, Ahmed A. mutiah, siti Nisa, Rofiah Ainun Nudyawati, Elsa