Welfare analysis of price stabilization: a case study of small chili in West Nusa Tenggara Province, Indonesia

Anas, Zaini and MUHAMAD, SIDDIK and D, Rukmana (2021) Welfare analysis of price stabilization: a case study of small chili in West Nusa Tenggara Province, Indonesia. In: Content from this work may be used under the terms of the Creative Commons Attribution 3.0 licence. Any further distribution of this work must maintain attribution to the author(s) and the title of the work, journal citation and DOI. Published under licen.

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Official URL: https://iopscience.iop.org/article/10.1088/1755-13...

Abstract

s one among others strategic commodity in which its price often fluctuate seasonally, price stabilization of chili commodity is conducted through import regulation. This research aims at analyzing the welfare impacts of this price stabilization policy by utilizing monthly time series data of 2012-2016. Data were then analyzed using Eviews 6.0 software package. The simultaneous equation model and two-stage least square (TSLS) estimation technique were undertaken. Results conclude that the source of chili price instability comes from a supply shock. Moreover, price stabilization policy has benefitted producers/farmers, consumers, and society as a whole indicated by the positive sign of their welfare gains.

Item Type: Conference or Workshop Item (Paper)
Subjects: S Agriculture > S Agriculture (General)
Divisions: Fakultas Pertanian
Depositing User: Dr.Ir. Muhamad Siddik MS.
Date Deposited: 13 Jun 2023 02:05
Last Modified: 13 Jun 2023 02:05
URI: http://eprints.unram.ac.id/id/eprint/39792

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