THE EFFECT OF TRANSACTION COST ECONOMICS ON HYBRID CORN FARMING INCOME IN CIHAUR VILLAGE MAJA SUBDISTRICT MAJALENGKA REGENCY
Transaction costs on corn farming can affect the income of corn farming. This research aimed to identify the transaction cost economics (TCE) structure and analyze the effect of TCE on the income of hybrid corn farming. The research method used is TCE analysis and multiple linear regression analysis...
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| Format: | Article |
| Language: | English |
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Bogor Agricultural University
2021-03-01
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| Series: | Jurnal Manajemen & Agribisnis |
| Online Access: | https://jurnal.ipb.ac.id/index.php/jmagr/article/view/33623 |
| _version_ | 1811198167227564032 |
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| author | Vina Rachmadina Zumi Saidah Lucyana Trimo Eliana Wulandari |
| author_facet | Vina Rachmadina Zumi Saidah Lucyana Trimo Eliana Wulandari |
| author_sort | Vina Rachmadina |
| collection | DOAJ |
| description | Transaction costs on corn farming can affect the income of corn farming. This research aimed to identify the transaction cost economics (TCE) structure and analyze the effect of TCE on the income of hybrid corn farming. The research method used is TCE analysis and multiple linear regression analysis. This research was conducted in Cihaur Village, Maja Subdistrict, Majalengka Regency, West Java, on 64 respondents. The research results showed that the transaction cost economics component on hybrid corn farming consists of (1) information cost; (2) negotiation cost; (3) coordination cost; (4) implementation cost; and (5) risk cost. The amount of the transaction cost that is formed on hybrid corn farming was Rp105,421.16. The percentage of transaction cost to total production cost was 2,78%. Coordination costs consisted of meeting cost, and farmer group fees have the highest transaction costs component, leading to 41,96%. On the other hand, risk cost has the lowest prices, merely 3,09%, in which there are avoiding risk cost and controlling risk cost. The results showed that the seven variables tested had significant effects on the income of corn farming. These variables included land area, fertilizer costs, seed costs, selling price, labor wages, productivity, and transaction cost.
Keywords: income, farming, hybrid corn, production cost, transaction cost |
| first_indexed | 2024-04-12T01:27:14Z |
| format | Article |
| id | doaj.art-4ba8622a878f4a768bebec513569c08a |
| institution | Directory Open Access Journal |
| issn | 1693-5853 2407-2524 |
| language | English |
| last_indexed | 2024-04-12T01:27:14Z |
| publishDate | 2021-03-01 |
| publisher | Bogor Agricultural University |
| record_format | Article |
| series | Jurnal Manajemen & Agribisnis |
| spelling | doaj.art-4ba8622a878f4a768bebec513569c08a2022-12-22T03:53:36ZengBogor Agricultural UniversityJurnal Manajemen & Agribisnis1693-58532407-25242021-03-01181909010.17358/jma.18.1.9033623THE EFFECT OF TRANSACTION COST ECONOMICS ON HYBRID CORN FARMING INCOME IN CIHAUR VILLAGE MAJA SUBDISTRICT MAJALENGKA REGENCYVina Rachmadina0Zumi SaidahLucyana TrimoEliana WulandariFaculty of Agriculture Padjadjaran UniversityTransaction costs on corn farming can affect the income of corn farming. This research aimed to identify the transaction cost economics (TCE) structure and analyze the effect of TCE on the income of hybrid corn farming. The research method used is TCE analysis and multiple linear regression analysis. This research was conducted in Cihaur Village, Maja Subdistrict, Majalengka Regency, West Java, on 64 respondents. The research results showed that the transaction cost economics component on hybrid corn farming consists of (1) information cost; (2) negotiation cost; (3) coordination cost; (4) implementation cost; and (5) risk cost. The amount of the transaction cost that is formed on hybrid corn farming was Rp105,421.16. The percentage of transaction cost to total production cost was 2,78%. Coordination costs consisted of meeting cost, and farmer group fees have the highest transaction costs component, leading to 41,96%. On the other hand, risk cost has the lowest prices, merely 3,09%, in which there are avoiding risk cost and controlling risk cost. The results showed that the seven variables tested had significant effects on the income of corn farming. These variables included land area, fertilizer costs, seed costs, selling price, labor wages, productivity, and transaction cost. Keywords: income, farming, hybrid corn, production cost, transaction costhttps://jurnal.ipb.ac.id/index.php/jmagr/article/view/33623 |
| spellingShingle | Vina Rachmadina Zumi Saidah Lucyana Trimo Eliana Wulandari THE EFFECT OF TRANSACTION COST ECONOMICS ON HYBRID CORN FARMING INCOME IN CIHAUR VILLAGE MAJA SUBDISTRICT MAJALENGKA REGENCY Jurnal Manajemen & Agribisnis |
| title | THE EFFECT OF TRANSACTION COST ECONOMICS ON HYBRID CORN FARMING INCOME IN CIHAUR VILLAGE MAJA SUBDISTRICT MAJALENGKA REGENCY |
| title_full | THE EFFECT OF TRANSACTION COST ECONOMICS ON HYBRID CORN FARMING INCOME IN CIHAUR VILLAGE MAJA SUBDISTRICT MAJALENGKA REGENCY |
| title_fullStr | THE EFFECT OF TRANSACTION COST ECONOMICS ON HYBRID CORN FARMING INCOME IN CIHAUR VILLAGE MAJA SUBDISTRICT MAJALENGKA REGENCY |
| title_full_unstemmed | THE EFFECT OF TRANSACTION COST ECONOMICS ON HYBRID CORN FARMING INCOME IN CIHAUR VILLAGE MAJA SUBDISTRICT MAJALENGKA REGENCY |
| title_short | THE EFFECT OF TRANSACTION COST ECONOMICS ON HYBRID CORN FARMING INCOME IN CIHAUR VILLAGE MAJA SUBDISTRICT MAJALENGKA REGENCY |
| title_sort | effect of transaction cost economics on hybrid corn farming income in cihaur village maja subdistrict majalengka regency |
| url | https://jurnal.ipb.ac.id/index.php/jmagr/article/view/33623 |
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