Deteminant factors to improve Indonesian cocoa performance

Agung Prasetyo, S.P ., M.P., - and Suswadi Suswadi, - and ACHMAD, FATCHUL AZIEZ Deteminant factors to improve Indonesian cocoa performance. iop publishing.

[img] Text
determinat factor turnitin.pdf
Download (1MB)

Abstract

Encouraging the growth of Indonesia's agricultural sector is important for improving the export performance of Indonesia's leading commodities. The purpose of the study was to determine the effect of the IDR exchange rate and the shock of the determinants of cocoa exports on the growth of Indonesian cocoa exports. The research was conducted using time series data from 1969- 2017. This study uses the Vector Error Correction Model (VECM). The analysis showed that the data is stationary at the first difference. The causality test shows that cocoa production, IDR exchange rate, GDP affect the growth of Indonesian cocoa exports, but world cocoa prices have no effect on cocoa exports. The results of the impulse response factor (IRF) analysis show that the response of cocoa exports to changes in the exchange rate is more volatile when compared to the response of production, GDP, and world cocoa prices to Indonesian cocoa exports. Analysis of variance decomposition shows that the contribution of the IDR exchange rate to export growth is greater than the contribution of world cocoa prices, GDP, and production at the beginning of exports, however over time the influence of the IDR exchange rate will decrease and it is the number of production factors that will affect Indonesia's cocoa exports. Indonesia needs to increase production by maintaining the quality of cocoa according to export needs considering the demand for cocoa that will continue to increase. Bilateral or multilateral cooperation is needed to strengthen cocoa export cooperation with major importing.

Item Type: Article
Subjects: S Agriculture > S Agriculture (General)
Divisions: Fakultas Pertanian > Agroteknologi
Depositing User: Ikawati Hadi Utami A.Md
Date Deposited: 23 Feb 2024 09:47
Last Modified: 23 Feb 2024 09:48
URI: http://repository.utp.ac.id/id/eprint/1988

Actions (login required)

View Item View Item
UTP Repository is powered by EPrints 3 which is developed by the School of Electronics and Computer Science at the University of Southampton. More information and software credits.