Journal of Agribusiness and Local Wisdom
Vol. 6 No. 1 (2023): Journal of Agribusiness and Local Wisdom

PADDY FARMING : POVERTY, REVENUE AND COST ANALYSIS

Thomson, Thomson (Unknown)



Article Info

Publish Date
31 Dec 2024

Abstract

To measure the level of feasibility of paddy farming in Lumbanjaean Village, Pahae North Tapanuli, North Sumatera, Indonesia in 2023 on 20 paddy farming selected by using snowballing sampling method, this study uses R/C analysis while to measure the poverty level of paddy farming, this study uses criteria for poverty levels equivalent to paddy consumption. Quantitatively, 3,53 will be the coeficient of R/C ratio means that, in Lumbanjaean Village, if a farmer spend the cost as much as IDR 1, then the farmer will receive income as much as IDR 3.53 thus the profit of this will be as much as IDR 2,53. Based on the criteria for poverty levels equivalent to paddy consumption, 316,9 kilograms of rice per person per year is classified as very poor to poor. Eventhough the R/C analysis stated that paddy farming in Lumbanjaean is feasible to be run, the poverty is still exist in this village. Increasing the level of education and skill is very suggested to be conducted by paddy farming in Lumbanjaean village, increasing price rice level by the governement, the importance of agricultare investment is needed to reduce porvety level in paddy farming in Lumbanjaean.

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Journal Info

Abbrev

JALOW

Publisher

Subject

Agriculture, Biological Sciences & Forestry Economics, Econometrics & Finance Environmental Science Social Sciences

Description

Title: Journal of Agribusiness and Local Wisdom ISSN: P-ISSN: 2621-1297 and E-ISSN: 2621-1300 DOI: https://doi.org/10.22437/jalow Focus and Scope: Agricultural Economy, Agricultural Development and Policy, Agricultural Marketing, Rural Development, Entrepreneurship and Agribusiness Management, ...