ANALISIS INTEGRASI HARGA LADA DI PASAR DOMESTIK DAN INTERNASIONAL
Journal: Buletin Ilmiah Litbang Perdagangan (Vol.10, No. 2)Publication Date: 2016-12-31
Authors : Dewi Asrini Fazaria Dedi Budiman Hakim Sahara;
Page : 225-242
Keywords : Integrasi Pasar; VECM; Lada Putih; Lada Hitam; Market Integration; White Pepper; Black Pepper;
Abstract
Pepper is one of the Indonesian commodities which has been exported to various countries.The dependence of Indonesia's exporting pepper has caused the domestic price of pepper to follow the fluctuations of the world's market price, even though the domestic price is not necessarily linked to the world market. This study aims to find out the relation between the domestic pepper price to the world's market price. The data were from 1990-2014 and were analyzed using Vector Error Correction Model (VECM) method.The results indicated that the price of local black pepper and spot black pepper had good integration relationship in long and short term. Besides, the mutual relation occurs in white pepper price. The price of local white pepper is related to the exported one, and is also related to the price of spot white pepper both in short term and long term. Good distribution of pepper and access to current pricing information is necessary to be done. By using a good access to information, marketing actors especially those at local marketing level will have a stronger bargaining position and therefore it can avoid practices that might cause market power in pepper market.
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