The Relationship Between Agricultural Value Added, Investment and Consumption: Vector Error Correction Model Approach

Sasongko, Budi; Puspaningtyas, Meinarti; Bawono, Suryaning

doi:10.32535/apjme.v5i2.1547

Cited by 1 publication

(1 citation statement)

References 16 publications

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“…The condition of the Covid-19 pandemic, people are faced with a dilemma between maintaining their health by not leaving the house, but on the other, the need for rice is still needed to meet their daily needs [35][36][37]. During the COVID-19 pandemic, many government regulations and policies must be equated with the current situation [38][39][40]. The price policy when it has been determined must change because the Large-Scale Social Restriction Policy (PSBB) in various regions, directly or indirectly affects the price of rice at the farmer level or changes in food demand at the consumer level.…”

Section: Discussion Of Resultsmentioning

confidence: 99%

The Dynamic Impact of Rice Production and Harvested Area on Agricultural Product Prices During COVID-19

Qodri¹,

Ismail²,

Ekawaty³

et al. 2023

Proceedings of the International Conference of Economics, Business, and Entrepreneur (ICEBE 2022)

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The Covid-19 pandemic has caused several economic conditions to experience obstacles, especially related to the distribution of rice to the community. Indirectly this can have an impact on the availability of the selling price of rice to the community. The purpose of this article is to analyze the events that occurred by providing the price of rice during the Covid-19 pandemic in East Java Province. The method used is parametric quantitative. The analysis used is Vector Auto Regression using secondary data from the Central Statistics Agency of East Java Province and the Department of Agriculture and Food Security of East Java Province. The findings in this study are that there is a pattern in the same direction between rice production and the selling price of rice during the pandemic. It is developed that production so far is also due to the supply chain sector that must be supported so that distribution patterns are not hampered. The social restrictions issued by the central government are quite a challenge in the distribution of rice commodities which have become the needs of the general public so far. In addition, the harvested area has an inversely proportional impact on the current rice price. It was recorded that during the 2020-2021 period, there was a decrease which had an impact on the increase in the selling price of rice. Government policies need to provide limitations on the availability of harvested area to ensure the continuity of the production process is maintained to provide benefits both from the producer and consumer side.

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Section: Discussion Of Resultsmentioning

confidence: 99%

The Dynamic Impact of Rice Production and Harvested Area on Agricultural Product Prices During COVID-19

Qodri¹,

Ismail²,

Ekawaty³

et al. 2023

Proceedings of the International Conference of Economics, Business, and Entrepreneur (ICEBE 2022)

View full text Add to dashboard Cite

show abstract

The Relationship Between Agricultural Value Added, Investment and Consumption: Vector Error Correction Model Approach

Abstract: The purpose of this study was to determine the impact of the relationship between agriculture on investment and consumption in Indonesia. This study uses data from a period of 36 years, from 1985 to 2020 by vector modeling to

Cited by 1 publication

References 16 publications

The Dynamic Impact of Rice Production and Harvested Area on Agricultural Product Prices During COVID-19

The Dynamic Impact of Rice Production and Harvested Area on Agricultural Product Prices During COVID-19

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