Autor: |
Noor, Yumna Raisa, Setyowati, Putri Budi, Asmara, Rosihan, Sugiharto, Arifin Noor |
Předmět: |
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Zdroj: |
AIP Conference Proceedings; 2023, Vol. 2586 Issue 1, p1-9, 9p |
Abstrakt: |
The imbalance between the production and consumption of yellow corn can cause the price to be volatile. Farmers who are unable to predict and anticipate the volatility of commodity prices would switch to planting other commodities that has stable price. Based on such problem, the purpose of this study was to analyse price volatility and analyse its influence on yellow corn production in East Java Province in the long and short term. Data collected between the year period 2009 to 2018 were analyzed with historical volatility. The result showed that the highest price volatility of yellow corn occurred in 2012 at 41.77% and the lowest price volatility occurred in 2014 at 4.31%. Based on co-integration test analysis, the price had a negative relation to yellow corn production in long term, while the ECM test resulted positive relation in the short term. The correction factor needed to achieve balance in the short term was 1.9%. [ABSTRACT FROM AUTHOR] |
Databáze: |
Complementary Index |
Externí odkaz: |
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