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INDONESIA
Jurnal Manajemen dan Agribisnis
Published by Institut Pertanian Bogor
ISSN : 16935853     EISSN : 24072524     DOI : -
Core Subject : Economy, Agriculture,
Agriculture, Biological Sciences & Forestry Economics, Econometrics & Finance
Jurnal Manajemen & Agribisnis memuat informasi hasil kegiatan penelitian, pemikiran konseptual dan review bidang ilmu manajemen agribisnis. Jurnal ilmiah ini diterbitkan oleh Program Studi Manajemen dan Bisnis, Sekolah Pascasarjana, Institut Pertanian Bogor bekerjasama Perhimpunan Ekonomi Pertanian Indonesia (PERHEPI).
Arjuna Subject : -
Articles 498 Documents
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Determining Technical and Resource-Use Efficiency in Rice Production in East Java Wijaya, Amirullah; Rifin, Amzul; Hartoyo, Sri
Jurnal Manajemen & Agribisnis Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.1.48

Abstract

This study aimed to determine the technical and resource-use efficiency of East Java. The secondary data were used from the Paddy Cultivation Household Survey ST2013 handled by BPS-Statistics Indonesia. The data was cross-sectional and were derived from ST2013 in 2014. The stochastic frontier analysis analyzed the factors that drive rice output and quantified rice production's technical efficiency. In contrast, the marginal value product-marginal factor cost (MVP-MFC) approach was used to quantify resource-use efficiency in rice production. The SFA indicated that these factors positively affect rice output except for seed, fertilizer, labor, and land utilization. However, other factors were considered apart from the land size, such as exaggerated land and labor advantage in production and bad seed and fertilizer utilization. Technical efficiency varies considerably among rice farmers, ranging from 1 percent to 100 percent, with an average of 89 percent. Their technical inefficiency was influenced by their group membership, irrigation, credit, education level, and farmer age - external farm insect pests. The government and the private sector are involved in the programs through farmer groups. Keywords: agricultural production, allocative efficiency, resource-use efficiency, parametric frontier, ST2013, technical efficiency
The Impact of Rice Farm Insurance on The Income of Farmers In Indonesia Silaban, Burju; Burhanuddin; Harmini
Jurnal Manajemen & Agribisnis Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.1.59

Abstract

The fluctuation of rice production in Indonesia over the last 5 years shows a downward trend due to a decrease in land area and increase risks. A government's effort to overcome the risks of rice farming is to establish rice farming insurance (AUTP). This research aims to analyze the factors that influence farmers' decisions to join rice farming insurance (AUTP) and how the impact of rice farming insurance on farming income in Indonesia. The data used was secondary data from the survey results from the Central Bureau of Statistics (BPS) in 2018. The number of samples was 470 farmers, consisting of 122 farmers who joined rice farming insurance and 358 farmers who did not take rice farming insurance. Data were analyzed using logistic regression and propensity score matching (PSM) methods. The results show that the variables of education level, participation in socialization, perceptions of decreased production, and production significantly influenced farmers' decisions to join rice farming insurance. The impact of insurance on farm income shows that the average farm income of farmers who follow rice farming insurance is higher than farmers who did not join rice farming insurance. Therefore, the government continued to encourage the implementation of the rice farming insurance program to increase the level of farmer participation and sustainability of the AUTP program. Keywords: income, participation rate, rice farming insurance, risk
The Efficiency of The Spot Market And Crude Palm Oil (CPO) Commodity Futures Market Before and During The Covid-19 Pandemic in Indonesia Gandhy, Abel; Harianto; Nurmalina, Rita; Suharno
Jurnal Manajemen & Agribisnis Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.1.139

Abstract

CPO prices fluctuation cause price uncertainty formed in the future. Hedging is an activity carried out by market participants to mitigate the risk of price fluctuations. The Covid-19 pandemic disrupts the supply and demand of CPO, affecting price alteration, especially in the spot and futures markets. This study determines market efficiency and the CPO price asymmetry relationship between the Medan spot market, the Jakarta futures market, the Malaysian futures market, and the Rotterdam forward market prior to and during the COVID-19 pandemic. The data used in this study are daily price data on each market from January 2016 to December 2020. They are analyzed using the NARDL model. There is a price asymmetry relationship between the spot and futures markets preceding and during the covid-19 pandemic. The increase in CPO prices causes a more significant impact than the decline in prices in the long term. In addition, there is also a long-term and short-term efficient relationship between the spot market and the futures market for CPO commodities. Thus, the hedging function performed by the CPO commodity market participants will run effectively. Keywords: CPO Price, NARDL Model, Market Efficiency, Cointegration, Pandemic Covid-19
The Effect of Entrepreneurship on Salt Business Performance in Jeneponto District, South Sulawesi Aswar; Burhanuddin; Suprehatin
Jurnal Manajemen & Agribisnis Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.1.87

Abstract

Salt is one of the strategic commodities as a component of human nourishment and raw material for sustainable industries. Like other agriculture and food business, developing entrepreneurial skills and behavior among salt producers is very important. This study aims to describe the characteristics of salt producers and examine the effects of entrepreneurial behavior on salt business performance. This study used a primary data of 120 salt producers in Jeneponto regency. The data were analyzed using Microsoft Excel and Partial Least Square-Structural Equation Model (PLS-SEM). The results showed that salt farmers in Jeneponto Regency had entrepreneurial characteristics seen from their experience and motivation in doing business. Entrepreneurial behavior had a positive and significant effect on the performance of the salt business. In addition, individual characteristics also have a positive and significant effect on entrepreneurial behavior, but the environment has no significant effect on salt entrepreneurial behavior in Jeneponto Regency. This study implies that improving entrepreneurial behavior of salt produces in Jeneponto Regency will increase their salt business performance. Keywords: business performance, entrepreneurial behavior, PLS-SEM, salt
An ISM Modeling for The Innovation Barrier in Processed Food Industry Ernawati, Erni; Machfud; Fahmi, Idqan; Djohar, Setiadi
Jurnal Manajemen & Agribisnis Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.1.1

Abstract

In Indonesia, the processed food industry is one of the strategic sectors of economic growth because rapid and massive innovation expected to accelerate the recovery of the Indonesian economy during Covid-19 pandemic. Therefore, this study aims to identify the innovation barriers as well as to understand how they interact with each other so that the decision makers can focus on to overcome these barriers. There is a presentation of hierarchy-based and the mutual relationships among these hindrances using interpretive structural modeling. Three main barriers including economic or political uncertainty, overlapping government regulations, and low organizational commitment was identified to show a high driving power with a low dependence because they have strategic importance and require great attention from stakeholders. The results become a reference for stakeholders in formulating the innovation development strategies and several formulating policies for the maintenance of political or economic stability as well as the harmonization of regulations. Keywords: barriers, innovation, ISM, modeling, processed food industry
Marketing Strategy Development for Green House Karamba Hydroponic Vegetables Nurjanah, Audra Siti; Nurhayati, Popong; Ramadanti, Annisa
Jurnal Manajemen & Agribisnis Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.1.69

Abstract

Green House Karamba, as a hydroponic vegetable producer, faces fluctuating sales volume and difficulty in reaching the end consumer. Therefore, Green House Karamba needs strategy formulation. This study aimed to: (1) analyze the ekisting marketing strategy of Green House Karamba based on marketing mix 4C; (2) analyze the competitive advantage of Green House Karamba based on competitive conditions; and (3) formulate a marketing strategy that can be applied by the company. This study focused on the products of hydroponic vegetables of Green House Karamba. Marketing mix 4C analysis, Porter’s five forces model, and marketing genius approach were employed for this study. Based on marketing mix 4C analysis, there were rooms for improvement in co-creation, communal activation, and conversation. According to Porter’s five forces model analysis, Green House Karamba’s potential competitive advantage were in terms of price and quality, relative independent production, and differentiation. The results of the previous analyses were considered for strategy formulation using a marketing genius approach. Based on marketing genius analysis, comprehensive marketing strategy and value proposition development were recommended for Green House Karamba. This study is expected to help Green House Karamba in facing competition. Keywords: hydroponic, marketing genius, marketing mix 4C, marketing strategy
Economic Valuation of Moratorium and Transhipment Policy to Tuna Fisheries Business, Study Case in Bitung, North Sulawesi Zulbainarni, Nimmi; Sukarsih, Yayuk; Jahroh, Siti; Abdullah, Asaduddin
Jurnal Manajemen & Agribisnis Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.1.79

Abstract

The policy of moratorium on ex-welding vessels, according to Ministerial Regulation No. 56/2014, has an impact on tuna fishery conditions. Behind this policy is due to the heavy losses from the fisheries sector caused by the operation of these ex-foreign ships. This study evaluated the impact of policy by production surplus measurement techniques. The survey was conducted on capture fisheries companies, fish processing companies, and traditional processing groups. Data were analyzed by economic valuation using the extended cost-benefit analysis (ECBA) approach. The study results showed that as long as this policy is implemented, it will cause a decrease in the benefits of 9 tuna fisheries business actors by Rp1.23 trillion per year. Economic and social impacts of Rp 2.63 trillion per year, consisting of economic impacts of Rp1.35 trillion per year and social impacts of Rp1.28 trillion per year, which caused 19,972 people to lose their job. Keywords: cost cost benefit analysis, economic impact, social iImpact, valuation
Strategy for Knowledge Management Sustainability: A Lesson from The Industrial Automation Unit Adi, Dian Purnomo; Fahmi, Idqan; Najib, Mukhamad
Jurnal Manajemen & Agribisnis Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.1.152

Abstract

Organizational knowledge is a combination of individual’s knowledge within the organization. Specialize individual knowledge is developed inside the organization. Therefore, it should belong to the organization and be stored in the organization. The Industrial Automation (IA) department implements simple knowledge management (KM) in the form of a web blog. However, the KM implementation becomes inconsistent. This inconsistency can lead to knowledge loss and knowledge gaps if there are individual changes within the organization. This study aims to analyze the condition of the IA department’s KM, analyze the factors that affect the sustainability of IA’s KM and formulate strategies for the sustainability of IA’s KM. The analysis of KM is carried out with the following factors: culture, training and development, reward, performance system, and technology. Supervisor’s order is still something that can help to build the knowledge-sharing habit. Employees do not get training regularly. Employees feel that they have not received good appreciation for the knowledge sharing and have not been included in the performance appraisal. Technology has been well adopted in KM. SEM-PLS analysis shows that training and development is a significant factor of KM sustainability. SEM-PLS result and content analysis construct managerial implication and KM sustainability strategies formula: develop a yearly training plan, establish problem-solving forum, and improving KMS implementation. Keywords: content analysis, knowledge management, SEM-PLS, sustainability, training
Effects of Subjective Norm, Attitude and Consumer Desire Toward Intention to Purchase Indonesian Herbal Wiwoho, Gunarso; Riptiono, Sulis
Jurnal Manajemen & Agribisnis Vol. 19 No. 2 (2022): JMA Vol. 19 No. 2, July 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.2.265

Abstract

Jamu is a traditional Indonesian medicinal beverage that has been a heritage product for generations. This research focuses on testing latent constructs used in empirical models to measure the intention of consumers to purchase Javanese Traditional Herbal Medicine Beverage, which is called Jamu or Indonesian herbal. This study involved 318 survey responses from society in Central Java, Indonesia. Data were collected using purposive sampling and analyzed using structural equation modeling (SEM) with AMOS. The results showed that two hypotheses were rejected of the six hypotheses tested there. Subjective norms are proven to positively affect consumer attitudes and desires but do not significantly to consumer purchase intention on Jamu. Furthermore, consumer attitude successfully contributed positively to increasing consumer desire but insignificant toward consumer purchase intention on Jamu. The other findings revealed that consumer attitude has the greatest role in increasing consumer desire, and consumer desires proved the best precursor of consumer intention to purchase Jamu. Keywords: subjective norm, attitude, intention, jamu, java
The Characteristics of Government Sukuk Return Volatility Before and During Covid-19, and After Implementation of Primary Dealer System Tia Rahmina; Achsani, Noer Azam; Santoso, Moch. Hadi
Jurnal Manajemen & Agribisnis Vol. 19 No. 2 (2022): JMA Vol. 19 No. 2, July 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.2.319

Abstract

Government Sukuk (SBSN) has been launched since 2008, but it assumed illiquid. Therefore, the Ministry of Finance in 2020 regulates primary dealer for SBSN. At the same time, the restrictions on mobility due to the Covid-19 Pandemic in 2020 triggered negative sentiment. It increased volatility in the capital market. Asymmetric volatility occurs when market crash. The purpose of this study is to identify characteristics of government sukuk return volatility before and during the Covid-19 pandemic and after the implementation primary dealer system using EGARCH. The results show that SBSN responds to shocks more quickly during the pandemic. The benchmark series responds to shocks faster than non-benchmark. Moreover, during the pandemic, PBS04, PBS05, PBS07 and PBS22 were categorized high risk-high return. PBS02, PBS11, PBS14, PBS19, and SR10 were categorized low risk-low return. PBS17, PBS12, PBS15 and PBS21 were catogerized high risk-low return. PBS02, PBS14, PBS19, PBS17, PBS12 and SR10 have negative asymmetric return volatility. Furthermore, SBSN benchmark series PBS05 and PBS25 were categorized high risk-high return, PBS02 were categorized low risk-low return, and PBS026 were categorized high risk-low return. Most of the benchmark series have negative asymmetric return volatility. Keywords: Asymmetric volatility return, Covid-19, EGARCH, government sukuk, primary dealer

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