Law and Economics
Vol. 18 No. 1 (2024): February: Law and Economics

Identification of Superior Plantation Commodities for Economic Growth in Musi Banyuasin (Muba) Regency, South Sumatra

Thomas Christofora Gunarto (Unknown)
Lady Christina (Unknown)



Article Info

Publish Date
26 Feb 2024

Abstract

The research on the identification of superior plantation commodities for economic growth in Musi Banyuasin (Muba) Regency, South Sumatra, provides insights into the economic, social, and environmental dimensions of the plantation sector in the region. Through a mixed-methods approach, this research explores the current state of the plantation industry, emerging opportunities, challenges, and criteria for identifying superior commodities. The findings of the research highlight palm oil and rubber as dominant commodities in Muba Regency, with established supply chains, market demand, and government support. These commodities have high economic potential but face challenges related to land availability, environmental concerns, and labor issues. Coffee and spices are identified as emerging commodities with growing demand in domestic and international markets. These commodities offer opportunities for value addition and differentiation but require investments in processing and marketing infrastructure. The research underscores the importance of diversifying the plantation sector to promote sustainable and inclusive economic growth. Addressing challenges related to land availability, environmental concerns, labor issues, market access, access to finance and technology, competition, and policy and regulatory constraints is crucial for unlocking the full economic potential of the plantation sector.

Copyrights © 2024






Journal Info

Abbrev

LE

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Social Sciences

Description

The Law and Economics is an interdisciplinary Publication. It seeks to promote an understanding of many complex phenomena by examining such matters from a combined law, economics, and organization perspective (or a two-way combination thereof). In this connection, we use the term organization ...