Integrasi Pasar Jagung di Indonesia

2021 ◽  
Vol 5 (2) ◽  
pp. 147
Author(s):  
Maya Puspita Sari ◽  
Yosini Deliana ◽  
Dini Rochdiani

Corn commodity has a strategic role whose demand continues to increase for industrial needs, especially the animal feed industry. The high fluctuations in corn prices occur because a balanced supply has not accompanied the increasing demand for corn. The study aimed to analyze the integration of the maize market at the feed mill level with the maize market at the farmer and global levels. The method used is quantitative with secondary data. Data analysis using Vector Error Correction Model (VECM). The results show that the corn market in the long term at the feed mill level is integrated with the corn market at the farmer and global levels. However, only corn markets at the farmer level are integrated with feed mills in the short term.Komoditas jagung memiliki peranan strategis yang permintaannya terus meningkat untuk kebutuhan industri, khususnya industri pakan ternak. Fluktuasi harga jagung yang tinggi terjadi karena permintaan jagung yang meningkat belum diiringi dengan penawaran yang seimbang. Tujuan penelitian untuk menganalisis integrasi pasar jagung di tingkat pabrik pakan dengan pasar jagung di tingkat petani dan dunia. Metode yang digunakan adalah kuantitatif dengan data sekunder. Analisis data menggunakan Vector Error Correction Model (VECM). Hasil penelitian menunjukan bahwa pasar jagung dalam jangka panjang di tingkat pabrik pakan terintegrasi dengan pasar jagung di tingkat petani dan dunia. Namun, dalam jangka pendek hanya pasar jagung di tingkat petani yag terintegrasi dengan pabrik pakan.

2020 ◽  
Vol 6 (4) ◽  
pp. 763
Author(s):  
Amri Ahmadi ◽  
Sri Herianingrum

This research used a quantitative approach, and the aim of research was to find out the estimation, the magnitude of the GDP growth influenced, and the inflation on the growth of Islamic banking in Indonesia. In this research used the VECM (Vector Error Correction Model) with method focused by testing hypotheses.The results showed that GDP variable and Inflation variable was influenced significantly and positively on profits and DPK.Keyword: Gross Domestic Product, inflation, profit, third party funds, VECM.


2011 ◽  
Vol 50 (4II) ◽  
pp. 853-876 ◽  
Author(s):  
Sehar Munir ◽  
Adiqa Kausar Kiani

This study empirically verifies the existence of significant relationship between inflation and trade openness for Pakistan using annual time-series data for the period of 1976 to 2010. The basic objective of this study is to examine the Romer‘s hypothesis for Pakistan with real agriculture value added, real exchange rate, real gross domestic product, financial market openness, money and quasi money and used trade openness, import openness and export openness ratios separately as explanatory variables with inflation rate as dependent variables. For this purpose, we have used multivariate Johansen (1998) and Johansen and Juselius (1990) Maximum Likelihood Cointegration Approach and a Vector Error Correction Model (VECM) and the expected empirical findings shows that there is a significant positive long-run relationship between inflation and trade openness, which rejects the existence of Romer‘s hypothesis for Pakistan. JEL classification: B26, E31, P24, P44 Keywords: Trade Openness, Inflation, Unit Root Testing, Multivariate Cointegration Approach, Vector Error Correction Model, Pakistan


2017 ◽  
Vol 27 (1) ◽  
pp. 1
Author(s):  
Dhaniar Aji Anggoro

Penelitian ini dilakukan untuk meneliti hubungan variabel moneter di Indonesia sebelum dan sesudah penerapan inflation targeting framework (ITF) yang terbagi dalam dua periode yaitu 1991.1-2000.4 dan 2001.1-2010.4. Tulisan ini secara khusus meneliti hubungan masing-masing variabel yaitu nilai tukar, tingkat suku bunga dan M2 terhadap inflasi pada kedua periode dengan menggunakan model vector error correction model (VECM), hasil dari penelitian ini menunjukkan bahwa adanya respon yang berbeda oleh inflasi terhadap masing-masing variabel sebelum dan sesudah penerapan ITF dimana respon terhadap nilai tukar cenderung positif sebelum penerapan ITF dan memiliki kontribusi shock yang besar berbeda dengan sesudah penerapan ITF dimana kontribusi shock terhadap inflasi jauh lebih kecil,sedangkan  pada variabel tingkat suku bunga respon inflasi cenderung berfluktuasi sebelum penerapan ITF dan cenderung negatif setelah penerapan ITF dan kontribusi shock terhadap inflasi jauh lebih besar dibandingkan dengan variabel yang lain.Kata kunci:Kebijakan Moneter Indonesia, Inflation Targeting Framework (ITF), Vector Error Correction Model (VECM),M2,Tingkat Suka Bunga, Nilai Tukar.


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