MARKET INTEGRATION AND PRICE TRANSMISSION OF BEEF IN THE ARCHIPELAGIC STATE: THE CASE OF THE PROVINCES IN INDONESIA

The Archipelagic state condition brings challenges to market integration and price transmission on two provinces market pairs within and between the island. The duration of price correction is essential to ensure market integration. Therefore, this study aims to assess the integration of domestic ma...

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Autores principales:	Elifas Omega Yusufadisyukur, Stephan von Cramon-Taubadel, Suharno, Rita Nurmalina
Formato:	article
Lenguaje:	EN ID
Publicado:	Bogor Agricultural University 2020
Materias:	Agriculture (General) S1-972 Business HF5001-6182
Acceso en línea:	https://doaj.org/article/5dcc98e9ba42490993ea6699cfcf9220
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spelling	oai:doaj.org-article:5dcc98e9ba42490993ea6699cfcf92202021-11-04T04:20:00ZMARKET INTEGRATION AND PRICE TRANSMISSION OF BEEF IN THE ARCHIPELAGIC STATE: THE CASE OF THE PROVINCES IN INDONESIA1693-58532407-252410.17358/jma.17.3.265https://doaj.org/article/5dcc98e9ba42490993ea6699cfcf92202020-11-01T00:00:00Zhttps://jurnal.ipb.ac.id/index.php/jmagr/article/view/34147https://doaj.org/toc/1693-5853https://doaj.org/toc/2407-2524The Archipelagic state condition brings challenges to market integration and price transmission on two provinces market pairs within and between the island. The duration of price correction is essential to ensure market integration. Therefore, this study aims to assess the integration of domestic markets for beef within an island and between the island and analyze the speed of adjustment (the correction) of the prices by two provinces within the island and between the islands. These aims, daily frequency (weekdays) of Beef Consumer Prices (BCP) of 4 types of beef (Primary Cut, Secondary Cut AB, Meat Manufacturing and Fancy and Variety Meat) from 01 January 2015 to 27 April 2018 containing 28,611 observations were obtained. The data were analyzed using the Vector Error Correction Model (VECM). This study reveals that the island's provinces have fewer integrated than the pairs provinces located between islands by comparing 31 pairs with 38 pairs. It can be concluded that from research, the price correction in the pairwise province within an island is stronger than the pairwise between the islands, with 10.33 % per day and 9.87 % per day, respectively. This study recommends the government to formulate policies that carry out equitable development, especially those that facilitate access to the central beef production in Indonesia to avoid market exploitation and spread price information along with provinces in Indonesia, especially in eastern Indonesia. Keywords: archipelagic state, market integration, Indonesia, beef, VECMElifas Omega YusufadisyukurStephan von Cramon-TaubadelSuharnoRita NurmalinaBogor Agricultural UniversityarticleAgriculture (General)S1-972BusinessHF5001-6182ENIDJurnal Manajemen & Agribisnis, Vol 17, Iss 3, Pp 265-265 (2020)
institution	DOAJ
collection	DOAJ
language	EN ID
topic	Agriculture (General) S1-972 Business HF5001-6182
spellingShingle	Agriculture (General) S1-972 Business HF5001-6182 Elifas Omega Yusufadisyukur Stephan von Cramon-Taubadel Suharno Rita Nurmalina MARKET INTEGRATION AND PRICE TRANSMISSION OF BEEF IN THE ARCHIPELAGIC STATE: THE CASE OF THE PROVINCES IN INDONESIA
description	The Archipelagic state condition brings challenges to market integration and price transmission on two provinces market pairs within and between the island. The duration of price correction is essential to ensure market integration. Therefore, this study aims to assess the integration of domestic markets for beef within an island and between the island and analyze the speed of adjustment (the correction) of the prices by two provinces within the island and between the islands. These aims, daily frequency (weekdays) of Beef Consumer Prices (BCP) of 4 types of beef (Primary Cut, Secondary Cut AB, Meat Manufacturing and Fancy and Variety Meat) from 01 January 2015 to 27 April 2018 containing 28,611 observations were obtained. The data were analyzed using the Vector Error Correction Model (VECM). This study reveals that the island's provinces have fewer integrated than the pairs provinces located between islands by comparing 31 pairs with 38 pairs. It can be concluded that from research, the price correction in the pairwise province within an island is stronger than the pairwise between the islands, with 10.33 % per day and 9.87 % per day, respectively. This study recommends the government to formulate policies that carry out equitable development, especially those that facilitate access to the central beef production in Indonesia to avoid market exploitation and spread price information along with provinces in Indonesia, especially in eastern Indonesia. Keywords: archipelagic state, market integration, Indonesia, beef, VECM
format	article
author	Elifas Omega Yusufadisyukur Stephan von Cramon-Taubadel Suharno Rita Nurmalina
author_facet	Elifas Omega Yusufadisyukur Stephan von Cramon-Taubadel Suharno Rita Nurmalina
author_sort	Elifas Omega Yusufadisyukur
title	MARKET INTEGRATION AND PRICE TRANSMISSION OF BEEF IN THE ARCHIPELAGIC STATE: THE CASE OF THE PROVINCES IN INDONESIA
title_short	MARKET INTEGRATION AND PRICE TRANSMISSION OF BEEF IN THE ARCHIPELAGIC STATE: THE CASE OF THE PROVINCES IN INDONESIA
title_full	MARKET INTEGRATION AND PRICE TRANSMISSION OF BEEF IN THE ARCHIPELAGIC STATE: THE CASE OF THE PROVINCES IN INDONESIA
title_fullStr	MARKET INTEGRATION AND PRICE TRANSMISSION OF BEEF IN THE ARCHIPELAGIC STATE: THE CASE OF THE PROVINCES IN INDONESIA
title_full_unstemmed	MARKET INTEGRATION AND PRICE TRANSMISSION OF BEEF IN THE ARCHIPELAGIC STATE: THE CASE OF THE PROVINCES IN INDONESIA
title_sort	market integration and price transmission of beef in the archipelagic state: the case of the provinces in indonesia
publisher	Bogor Agricultural University
publishDate	2020
url	https://doaj.org/article/5dcc98e9ba42490993ea6699cfcf9220
work_keys_str_mv	AT elifasomegayusufadisyukur marketintegrationandpricetransmissionofbeefinthearchipelagicstatethecaseoftheprovincesinindonesia AT stephanvoncramontaubadel marketintegrationandpricetransmissionofbeefinthearchipelagicstatethecaseoftheprovincesinindonesia AT suharno marketintegrationandpricetransmissionofbeefinthearchipelagicstatethecaseoftheprovincesinindonesia AT ritanurmalina marketintegrationandpricetransmissionofbeefinthearchipelagicstatethecaseoftheprovincesinindonesia
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MARKET INTEGRATION AND PRICE TRANSMISSION OF BEEF IN THE ARCHIPELAGIC STATE: THE CASE OF THE PROVINCES IN INDONESIA

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