Jurnal Ekonomi dan Studi Pembangunan (JESP)
Vol 15, No 2 (2023)

Does Soybean in Indonesia Still Competitive?: A Policy Analysis Matrix Approach

Febrian Ananta Kahar (University of Jember)
Isti Fadah (University of Jember)
Edy Wahyudi (University of Jember)
Adhitya Wardhono (University of Jember)



Article Info

Publish Date
06 Nov 2023

Abstract

The low productivity of soybeans in Indonesia is one of the reasons why domestic production cannot meet market demand. In addition to suboptimal and contradictory government policies, they contribute to domestic soybean competitiveness against imported soybeans. The purpose of this study is to analyze the economic and financial profitability of farming, analyze the competitiveness status of soybeans, analyze the impact of government policies on soybean competitiveness, and analyze the sensitivity of domestic soybean competitiveness. This study applies the Policy Analysis Matrix (PAM). The results of this analysis are used to observe two basic indicators to measure competitiveness and assess the role of government policies. This research uses a case study of soybean farmers in the Jember Regency area. The analysis results show that the soybean farming business in Jember Regency is capable of generating economic profits. Soybean farming in Jember is capable of producing comparative and competitive advantages. Furthermore, the policy analysis reveals that the impact of the soybean policy on farming in the region is not yet optimal. Therefore, new governance policies are needed. Parameter analysis in the PAM analysis indicates that price and productivity variables have a potential role in increasing production and domestic soybean competitiveness.

Copyrights © 2023






Journal Info

Abbrev

JESP

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi dan Studi Pembangunan focuses on scientific papers related to development economics include critical analysis of economic development issues, local economic development, community economic development, economic growth, international trade and finance, fiscal and monetary policy, ...