MARKET INTEGRATION AND PRICE TRANSMISSION OF CAYENNE PEPPER IN INDONESIA
Abstract
Cayenne pepper is a horticultural commodity that its production to be seasonal so cause the supply of cayenne pepper to be unavailable in sufficient quantities throughout the year and the price to be fluctuative. Based on this, this study aims to 1) analyze price behavior and the level of price fluctuations of cayenne pepper using the coefficient of variation 2) analyze market integration using Johansen Cointegration Test, and 3) analyze price transmission using the VAR (Vector Auto Regression) / VECM (Vector Error Correction Model). The results show that 1) The price of cayenne pepper is high when production decreases (December-February and July-August), and low when production is abundant (March-June and September-November). The price of cayenne pepper at the consumer and producer levels has a high and unstable level of fluctuation with a coefficient of variation (KV) respectively of 23.9% and 19.7%, 2) The trace statistic value (106.41) > critical value (16.36) so that the producer and consumer markets of cayenne pepper in Indonesia have been vertically integrated, 3) Price transmission is imperfect. In the event of a price shock, at the producer and consumer level, price adjustments will be made towards long-term equilibrium respectively of -0.103 and -0.279.
References
Destiarni, R. P., Zainuddin, A., & Jamil, A. S. (2021). Market Integration: How Does It Work in National Shallot Commodity Market in The Middle of Covid-19 Pandemic? E3S Web of Conferences, 316(IConARD 2021), 1–11. https://doi.org/10.1051/e3sconf/202131601006
Elvina, E., Firdaus, M., & Fariyanti, A. (2018). Transmisi Harga Dan Sequentil Bargaining Game Perilaku Pasar Antar Lembaga Pemasaran Cabe Merah Di Indonesia. Jurnal Agribisnis Indonesia, 5(2), 89–110. https://doi.org/10.29244/jai.2017.5.2.89-110
Farid, M., & Subekti, N. A. (2012). Tinjauan terhadap produksi, konsumsi, distribusi dan dinamika harga cabe di Indonesia. Buletin Ilmiah Litbang Perdagangan, 6(2), 211–234.
Irawan, A., & Rosmayanti, D. (2016). Analisis Integrasi Pasar Beras di Bengkulu. Jurnal Agro Ekonomi, 25(1), 37. https://doi.org/10.21082/jae.v25n1.2007.37-54
Irawan, B. (2007). Fluktuasi Harga, Transmisi Harga, dan Marjin Pemasaran Sayuran dan Buah. Analisis Kebijakan Pertanian, 5(4), 358–373. Retrieved from http://www.ejurnal.litbang.pertanian.go.id/index.php/akp/article/view/4667/3949
Juliaviani, N., Sahara, S., & Winandi, R. (2018). Transmisi Harga Kopi Arabika Gayo Di Provinsi Aceh. Jurnal Agribisnis Indonesia, 5(1), 39. https://doi.org/10.29244/jai.2017.5.1.39-56
Jumiana, W., Azhar, A., & Marsudi, E. (2018). Analisis Variasi Harga Dan Integrasi Pasar Vertikal Cabai Merah Di Kabupaten Gayo Lues. Jurnal Ilmiah Mahasiswa Pertanian, 3(4), 577–593. https://doi.org/10.17969/jimfp.v3i4.9373
Kustiari, R., Sejati, W. K., & Yulmahera, R. (2018). Integrasi Pasar dan Pembentukan Harga Cabai Merah di Indonesia. Jurnal Agro Ekonomi, 36(1), 39. https://doi.org/10.21082/jae.v36n1.2018.39-53
Magfiroh, I. S., Zainuddin, A., & Setyawati, I. K. (2018). Maize Supply Response In Indonesia. Buletin Ilmiah Litbang Perdagangan, 12(1), 47–72.
Magfiroh, I. S., Zainuddin, A., Setyawati, I. K., & Rahman, R. Y. (2018). Respon Harga Produsen Terhadap Perubahan Harga Konsumen Bawang Merah Di Indonesia. JSEP (Journal of Social and Agricultural Economics), 10(3), 7–15. https://doi.org/10.19184/jsep.v10i3.6481
Maharani, A. L. (2016). Analisis Integrasi Pasar Cabai Rawit (Capsicum frutescens L.). Universitas Brawijaya.
Nainggolan, T. V., Suyatno, A., & Hutajulu, J. P. (2018). Analisis Pemasaran dan Transmisi Harga Cabai Rawit di Kabupaten Kubu Raya. Jurnal Sains Pertanian Equator, 7(3), 1–11.
Nauly, D. (2016). Fluktuasi dan Disparitas Harga Cabai di Indonesia. Jurnal Agrosains Dan Teknologi, 1(1), 57–69.
Pertiwi, V. A., Anindita, R., & Dwiastuti, R. (2013). Analisis Volatilitas, Transmisi Harga dan Volatilitas Spillover Bawang Merah (Allium ascolanium L.) di Jawa Timur. Habitat, 24(3), 204–213.
Pusdatin Kementan. (2019). Buletin Konsumsi Pangan Volume 10 Nomor 1 Tahun 2019. Jakarta: Pusat Data dan Sistem Informasi Kementerian Pertanian Indonesia.
Sandra, Asriani, P. S., & Rasyid, W. (2012). Perilaku Harga dan Keterpaduan Pasar Cabai Merah Keriting di Provinsi Bengkulu. AGRISEP, 11(2), 220–236.
Sari, M. P., Deliana, Y., & Rochdiani, D. (2021). Integrasi Pasar Jagung di Indonesia.
Jurnal Agrinika : Jurnal Agroteknologi Dan Agribisnis, 5(2), 147. https://doi.org/10.30737/agrinika.v5i2.1967
Setiawan, I., Taridala, S. A. A., & Zani, M. (2018). Analisis Integrasi Vertikal Pasar Komoditas Cabai Rawit (Capsicum Frutescens L.) di Provinsi Sulawesi Tenggara. Jurnal Ilmiah Agribisnis, 3(1), 12–17. Retrieved from https://caritulisan.com/media/281407-analisis-integrasi-vertikal-pasar-komodi-8b45bcda.pdf
Simatupang, P., & Situmorang, J. (2016). Integrasi Pasar dan Keterkaitan Harga Karet Indonesia dengan Singapura. Jurnal Agro Ekonomi, 7(2), 12–29.
Simatupang, P., & Maulana, M. (2010). Prospek Penawaran dan Permintaan Pangan Utama : Analisis Masalah , Kendala dan Opsi Kebijakan Revitalisasi Produksi. Retrieved from http://pse.litbang.pertanian.go.id/ind/pdffiles/Pros_PST_06.pdf
Wibowo, R., Zainuddin, A., Rahman, R. Y., Setyawati, I. K., Magfiroh, I. S., & Ibanah, I. (2021). Vertical Market Integration for Beef Prices Using Vector Error Correction Model (VECM) In Indonesia. International Journal on Advanced Science, Engineering and Information Technology, 11(3), 874–879. https://doi.org/10.18517/ijaseit.11.3.9667
Yustiningsih, F. (2012). Analisis Integrasi Pasar dan Transmisi Harga Beras Petani-Konsumen di Indonesia. Universitas Indonesia.
Zainuddin, A.; Asmarantaka, R. W. . H. (2015). Integrasi Harga Daging Sapi di Pasar Domestik dan Internasional. Buletin Ilmiah Litbang Perdagangan, 9(2), 1–12.
Zainuddin, A. (2015). Integrasi Pasar dan Respon Penawaran Daging Sapi di Indonesia. Institut Pertanian Bogor.
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Jurnal Sosial Ekonomi Pertanian (J-SEP) has CC-BY-SA or an equivalent license as the optimal license for the publication, distribution, use, and reuse of scholarly work.
The work is simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International License, which permits others to share the work with an acknowledgement of the authorship and the work's initial publication in this journal. Authors who publish with this journal retain their copyright and grant the journal the right of first publication.
3.png)
.png)
