Agrisocionomics: Jurnal Sosial Ekonomi Pertanian
Vol 7, No 1 (2023): March 2023

PRICE STABILITY AND SHALLOT MARKET INTEGRATION IN CENTRAL JAVA

Muhammad Luthfie Fadhilah (Graduate School, IPB University, Bogor, Indonesia)
Anna Fariyanti (Faculty of Economics and Management, IPB University, Bogor, Indonesia)
Ratna Winardi Asmarantaka (Faculty of Economics and Management, IPB University, Bogor, Indonesia)



Article Info

Publish Date
31 Mar 2023

Abstract

The COVID-19 virus is causing economic shocks. If there is no balance of demand and supply, the impact will result in price instability and price integration. Shallot (Allium ascalonicum) is an essential commodity in Indonesia that will impact inflation. Central Java is the largest national producer, and the impact that will be caused will be huge for the national shallot trade. Price fluctuations and integration in Central Java will have an impact due to many farmers and marketing actors involved in the shallot trade. The study aimed to analyze the stability of shallot in Central Java and analyze vertical and horizontal market integration. The methods used are The Coefficient of Variation and VAR/VECM. The results of research on producer prices and consumer prices in the time before and during pandemics are classified as high volume. Although producer prices have decreased volatility (19.73 to 18.43), consumer prices have increased (19.64 to 21.12). On vertical integration, in the long run, only the price of producers with retail traders and large swords with retail traders experience integration. While in the short term, there is only a producer-price relationship affecting the price of retail traders in Central Java which is harmful. The horizontal integration between Jakarta Karamatjati Market, Bandung Kosambi Market, Johar Semarang Market, and Bringharjo Market Yogyakarta experienced long and short-term integration. Johar Semarang Market is influenced by all three markets and only affects Yogyakarta Beringharjo Market.

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Journal Info

Abbrev

agrisocionomics

Publisher

Subject

Agriculture, Biological Sciences & Forestry

Description

Agrisocionomics (Jurnal Sosial Ekonomi dan Kebijakan Pertanian) memuat naskah hasil penelitian bidang sosial, ekonomi dan kebijakan pertanian. Agrisocionomics diterbitkan oleh Program Studi Agribisnis, Fakultas Peternakan dan Pertanian Universitas Diponegoro. Agrisocionomics terbit dua kali setahun, ...