Integration of the North Maluku Copra Market with the Indonesian Copra Market

Ibrahim, Karmila and Suhardi, Suhardi and Sudjud, Suratman and Rasyid, Rusman (2023) Integration of the North Maluku Copra Market with the Indonesian Copra Market. International Journal for Research Trends and Innovation (IJRTI), 8 (3). pp. 123-126. ISSN 2455-2631

Preview	Text Integration of the North Maluku Copra Market with the Indonesian Copra Market (2023).pdf Download (1MB) | Preview
Preview	Text Turnitin_ Integration of the North Maluku Copra Market with the Indonesian Copra Market.pdf Download (1MB) | Preview
Preview	Text Bukti Korespondensi Artikel Jurnal Internasional Bereputasi - Integration of the North Maluku Copra Market with the Indonesian Copra Market...pdf Download (390kB) | Preview

Abstract

Copra exports in North Maluku have fluctuated, there has been a significant increase in 2019-2020, but there has been a decline in 2021, in line with the drop in copra prices. Farmers sell in primary form, namely young coconut or processed into traditional oil. Copra prices on the Indonesian market influence the dependence on copra prices in North Maluku. The cities of Manado and Surabaya are copra export destinations from North Maluku. This research aims to analyse the integration and transmission of copra commodity prices between the North Maluku market as a producer, the intermediary market (Manado City), and the consumer market (Surabaya City) using the Ravallion model. The types of secondary data are time series data (annual) for domestic market copra prices (North Maluku), intermediary market copra prices (Manado), and consumer market copra prices (Surabaya). The data source is the Central Bureau of Statistics (BPS), with data series from 2002- 2021. Based on the results of the integration analysis of the North Maluku copra market, it can be concluded that the correlation value is close to 1, which means that the price of copra in the market in North Maluku, with the intermediary market (Manado) and the destination market (Surabaya), are integrated or have a close relationship. In the short term, market integration only occurs in Surabaya and North Maluku markets. In contrast, in the long term, the two markets, namely Surabaya and Manado, are integrated with a change in Surabaya copra prices to North Maluku by 81 percent, Manado market, and North Maluku by 39 percent. Meanwhile, the influence of the previous year's copra price on market prices in the current year for the Surabaya market with the North Maluku market had an effect of 16 percent, and the Manado market with the North Maluku market had an effect of 4 percent.

Actions (login required)

View Item