The Dynamics of Rice Price in Cipinang Market Due to Shock of Pakistani Export Prices

International Journal of Progressive Sciences and Technologies Pub Date : 2023-08-18 DOI:10.52155/ijpsat.v40.1.5539

M. Muhlis, Harianto Harianto, R. Nurmalina, D. Hakim

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Abstract

One form of bilateral cooperation between Indonesia and Pakistan is the entry of Pakistan as a general category of rice exporter to Indonesia in 2018. This condition will affect the price of rice traded in a traditional market in this case the Cipinang wholesale market. This study aims to examine changes in rice price in the wholesale market due to price shock in the Pakistani market. The data used were monthly data from January 2001-May 2018. Data were analyzed using VAR and VECM. The analysis results show that between the Indonesian and Pakistani rice markets, there is no integration. However, if they are integrated with rice in the Cipinang wholesale market, rice in the Pakistani market occurs integration with Cianjur kepala, Cianjur slyp, Muncul I, Muncul II, Muncul III and IR 42. The IR 42 rice price changes due to the changes on Pakistani rice price which does not cause any changes on other rice prices in the Cipinang Market. Based on this research, Indonesia could import rice from Pakistan by paying attention to farmers who grow varieties of rice that are integrated with Pakistani rice.

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巴基斯坦出口价格的冲击导致西皮南市场大米价格的动态变化

印尼和巴基斯坦之间的一种双边合作形式是巴基斯坦在 2018 年成为印尼的普通类大米出口国。这一条件将影响传统市场上的大米交易价格，这里指的是Cipinang批发市场。本研究旨在考察巴基斯坦市场的价格冲击对批发市场大米价格的影响。使用的数据是 2001 年 1 月至 2018 年 5 月的月度数据。数据采用 VAR 和 VECM 进行分析。分析结果表明，印尼和巴基斯坦大米市场之间不存在一体化。但是，如果与西皮南批发市场的大米整合，巴基斯坦市场的大米则与Cianjur kepala、Cianjur slyp、Muncul I、Muncul II、Muncul III和IR 42发生整合。IR 42大米价格的变化是由巴基斯坦大米价格的变化引起的，而巴基斯坦大米价格的变化并不会引起Cipinang市场上其他大米价格的变化。根据这项研究，印尼可以通过关注种植与巴基斯坦大米融合的大米品种的农民，从巴基斯坦进口大米。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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International Journal of Progressive Sciences and Technologies

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