Main Article Content
Abstract
Chicken eggs are one of the primary sources of protein for people in West Sumatra. The level of consumption continues to increase every year, while the availability of broiler eggs is not stable. This condition illustrates the problems faced by consumers and producers, namely price instability. Market integration is a metric that demonstrates how price changes in the reference market affect price changes in the follower market. The objective of this research is to examine the price variation and market integration of broiler eggs in West Sumatra. Coefficient of variation analysis is used to examine price variation, while cointegration analysis with the Vector Autoregression (VAR)/Vector Error Correction Model (VECM) model is used to investigate market integration. The variations coefficient analysis shows that the price of chicken eggs on the market is relatively more stable than that of the consumer market. The results of the integration analysis show that there is no integration between the market for broiler eggs at the producer and consumer levels, both in the long and short term. This is due to the information asymmetry between the two markets.
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References
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- Shang, D. (2020). Dynamics of Integration between Chinese and International Waste Paper Markets. Journal of Sustainable Forestry, 39(5), 433–444. doi: 10.1080/10549811.2019.1679648
- Silalahi, R. B., Mustopa, M. R., & Badrudin, R. (2017). Integrasi Pasar Spasial Telur Ayam Ras di Provinsi Bengkulu. Jurnal AGRISEP: Kajian Sosial Ekonomi Pertanian dan Agribisnis, 16(1), 71–86
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- Thomas, R. . (1997). Modern Econometrics: An Introduction. Boston: Addison-Wesley Longman Limited
- Ulul Albab, M., Aspriati, D. W., & Aria Hertanto, A. (2019). Pengaruh Harga Jual terhadap Volume Penjualan Pedagang Pengecer Telur Ayam Ras di Pasar Tradisional Kota Lamongan. International Journal of Animal Science, 2(02), 58–61. doi: 10.30736/ijasc.v2i02.45
- Vijayakumar, A. N. (2021). International Market Integration and Competitiveness of Indian Sugar. Global Business Review, doi: 10.1177/0972150920988646
- Wang, Y. (2021). Packaging with hydrogen gas modified atmosphere can extend chicken egg storage. Journal of the Science of Food and Agriculture. 102(3), 976-983. doi: 10.1002/jsfa.11431
- Wibowo, R. (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. doi: 10.18517/ijaseit.11.3.9667
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References
Arbel, Y. (2020). The Chicken and Egg Problem: Obesity and the Urban Monocentric Model. Journal of Real Estate Finance and Economics, 61(4), 576–606. doi: 10.1007/s11146-019-09737-5
Astaman, P., Siregar, A. R., & Nurbayani, S. U. (2020). Analysis Effect The Price of The Demand for Chicken Eggs in Biringkanaya District. IOP Conference Series: Earth and Environmental Science, 473, 1-5. doi: 10.1088/1755-1315/473/1/012024
BPS. (2019). Distribusi Perdagangan Komoditas Telur Ayam Ras Indonesia Tahun 2019. Jakarta: BPS
BPS Sumatera Barat. (2021). Sumatera Barat Dalam Angka. Sumatera Barat Dalam Angka 2021. Jakarta: BPS
Enders, W., & Silkos, P. (2001). Cointegration and Threshold Adjustment. Journal of Business and Economic Statistics, 19(2), 166–176
Fang, P. (2021). Impacts of COVID-19 on Myanmar’s chicken and egg sector, with implications for the sustainable development goals. Agricultural Systems, 190(1), 1-8. doi: 10.1016/j.agsy.2021.103094
Fearnley, L. (2021). Fake eggs: from counter-qualification to popular certification in China’s food safety crisis. BioSocieties, 2021. doi: 10.1057/s41292-020-00211-7
Firdaus, M. (2011). Aplikasi Ekonometrika untuk Data Panel dan Time Series. Bogor: IPB Press
Gebremedhn, B. (2019). Effects of Dietary Brewery Spent Grain Inclusion on Egg Laying Performance and Quality Parameters of Bovans Brown Chickens. Revista Brasileira de Ciencia Avicola, 21(2), 1-10. doi: 10.1590/1806-9061-2018-0765
Heytens, P, J. (1986). Testing Market Integration. British: Food Research Institute Studies
Irawan, A., & Rosmayanti, D. (2016). Analisis Integrasi Pasar Beras di Bengkulu. Jurnal Agro Ekonomi, 25(1). 37-54. doi: 10.21082/jae.v25n1.2007.37-54
Nafaati, A. M., Utomo, R. A., & Hasanah, D. (2021). Price elasticity of hybrid chicken egg demand in Indonesia and Pamekasan and its causative factors. Journal of Physics: Conference Series, 1872(1), 012019. doi: 10.1088/1742-6596/1872/1/012019
Neric, C. (2019). Screening for collusion in t he philippine chicken meat, chicken egg and pork markets. Journal of the International Society for Southeast Asian Agricultural Sciences, 25(1), 135–147
Nuraeni, D., Anindita, R., & Syafrial, S. (2015). Analisis Variasi Harga dan Integrasi Pasar Bawang Merah di Jawa Barat. Habitat, 26(3), 163–172
Nuryati, Y., & Nur, Y. H. (2012). Variabilitas Harga Telur Ayam Ras Di Indonesia. Buletin Ilmiah Litbang Perdagangan, 6(2), 235–252
Pesaran, M. H. (2016). Multivariate Rational Expectations Models. In Time Series and Panel Data Econometrics. Britania Raya: Oxford University. doi: 10.1093/acprof:oso/9780198736912.003.0020
Putri, M. A., Yelfiarita, Y., & Afrizal, R. (2020). Analisis Kinerja Pemasaran Telur Ayam di Kabupaten Limapuluh Kota, Sumatera Barat. Prosiding Webminar Nasional 2020 (pp. 370-376). Retrieved from http://repository.ppnp.ac.id/id/eprint/488
Salam, I. (2020). Acceleration of Laying Chicken Business Development in Response to Egg Demand in Southeast Sulawesi Province. In IOP Conference Series: Earth and Environmental Science, 465, 012063. doi: 10.1088/1755-1315/465/1/012063
Salfadri, S. (2017). Analisa Perdagangan Antar Daerah Komoditas Telur Ayam Ras Di Provinsi Sumatera Barat. Jurnal Benefita, 2(3), 194-207. doi: 10.22216/jbe.v2i3.1218
Shang, D. (2020). Dynamics of Integration between Chinese and International Waste Paper Markets. Journal of Sustainable Forestry, 39(5), 433–444. doi: 10.1080/10549811.2019.1679648
Silalahi, R. B., Mustopa, M. R., & Badrudin, R. (2017). Integrasi Pasar Spasial Telur Ayam Ras di Provinsi Bengkulu. Jurnal AGRISEP: Kajian Sosial Ekonomi Pertanian dan Agribisnis, 16(1), 71–86
Stemberger, A. P., & Gerra, M. J. (1961). The Demand, Supply, and Price Structure of Eggs. Journal of the American Statistical Association, 56(293), 197-198. doi: 10.2307/2282368
Sukmaya, S. G., & Hidayati, R. (2020). Integrasi Pasar Komoditas Kelapa Dan Produk Turunan Indonesia Dengan Pasar Dunia. Mimbar Agribisnis: Jurnal Pemikiran Masyarakat Ilmiah Berwawasan Agribisnis, 6(1), 201-212. doi: 10.25157/ma.v6i1.3194
Thomas, R. . (1997). Modern Econometrics: An Introduction. Boston: Addison-Wesley Longman Limited
Ulul Albab, M., Aspriati, D. W., & Aria Hertanto, A. (2019). Pengaruh Harga Jual terhadap Volume Penjualan Pedagang Pengecer Telur Ayam Ras di Pasar Tradisional Kota Lamongan. International Journal of Animal Science, 2(02), 58–61. doi: 10.30736/ijasc.v2i02.45
Vijayakumar, A. N. (2021). International Market Integration and Competitiveness of Indian Sugar. Global Business Review, doi: 10.1177/0972150920988646
Wang, Y. (2021). Packaging with hydrogen gas modified atmosphere can extend chicken egg storage. Journal of the Science of Food and Agriculture. 102(3), 976-983. doi: 10.1002/jsfa.11431
Wibowo, R. (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. doi: 10.18517/ijaseit.11.3.9667
Widarjono, A. (2007). Ekonometrika: Teori dan Aplikasi untuk Ekonomi dan Bisnis. Yogyakarta: Ekonisia Fakultas Ekonomi UII Yogyakarta
Witria, E., & Wardani, W. (2016). Hubungan Fungsi Kerjasama Kelompok dengan Sistem Tataniaga Telur Ayam Ras di kecamatan Payakumbuh Kabupaten Limapuluh Kota Provinsi Sumatera Barat. Jurnal Penyuluhan Pertanian, 11(2), 57-66. doi: doi.org/10.51852/jpp.v11i2.348
Yusri, J., Andri, A., & Syahputra, E. (2007). Analisis Permintaan Pasar Telur Ayam di Provinsi Sumatera Barat. Jurnal Peternakan Indonesia, 12(1), 43–52