Quantitative Economics and Management Studies
Vol. 5 No. 1 (2024)

Analysis of Factors Influencing Palm Oil Farmers' Income of Production in the Labuhanbatu Regency

Ibnuh Sukoco (Faculty of Economics and Business, University of North Sumatra, Medan, Indonesia)
Sya'ad Afifuddin (Faculty of Economics and Business, University of North Sumatra, Medan, Indonesia)
M. Syafii (Faculty of Economics and Business, University of North Sumatra, Medan, Indonesia)



Article Info

Publish Date
14 Dec 2023

Abstract

The research was conducted to determine the factors that affect the income of oil palm farmers in North Labuhanbatu Regency with production as the intervening variable. The income of oil palm farmers is the dependent variable, while land area, fertilizer costs, labor, and selling prices become independent variables and production as an intervening variable. The population in this study involved the people of North Labuhanbatu Regency consisting of eight sub-districts, with a total population of 20,861 oil palm farmers. The sample in this study amounted to 100 farmers. This type of research used primary and secondary data. The method used in this research was path analysis. It is the development of multiple regression analysis by describing the magnitude of the influence of independent variables on the dependent variable indirectly using IBM SPSS AMOS 22. The results of path analysis show that land area, fertilizer costs, and selling prices have an indirect and significant relationship to farmers' income through production, while indirect labor has no influence on farmers in production.

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Journal Info

Abbrev

qems

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Mathematics

Description

Journal of Quantitative Economics and Management Studies (QEMS) is an international peer-reviewed open-access journal dedicated to interchange for the results of high-quality research in all aspects of economics, management, business, finance, marketing, accounting. The journal publishes ...