Marketed surplus of Indonesian rice production

Indonesian rice production has exhibited a positive increasing trend over the years. On the other hand, rice retail prices tend to fluctuate, even though the country has imported rice. One reason for this is that not all of the rice produced is sold to the market or marketed surplus. The objective o...

Full description

Bibliographic Details
Main Author: Amzul Rifin
Format: Article
Language:English
Published: Taylor & Francis Group 2022-12-01
Series:Cogent Economics & Finance
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/23322039.2022.2119694
_version_ 1798037327490056192
author Amzul Rifin
author_facet Amzul Rifin
author_sort Amzul Rifin
collection DOAJ
description Indonesian rice production has exhibited a positive increasing trend over the years. On the other hand, rice retail prices tend to fluctuate, even though the country has imported rice. One reason for this is that not all of the rice produced is sold to the market or marketed surplus. The objective of this study is to analyse the marketed surplus of Indonesian rice production and its determinants. The rice farmers’ survey conducted by Statistics Indonesia in 2014 was utilised. The Heckman two-step procedure was utilised to address the sample selectivity bias. The results indicate that the rice marketed surplus in Indonesia was 50 percent, with the highest in Java at 57percent, while outside Java, the marketed surplus was 48 percent. From the variables analysed, three variables were significant, and the sign was consistent among locations. Meanwhile, the output price has different effects on the three locations.
first_indexed 2024-04-11T21:25:04Z
format Article
id doaj.art-93e598d6c41c448b9b9596075a3f81b2
institution Directory Open Access Journal
issn 2332-2039
language English
last_indexed 2024-04-11T21:25:04Z
publishDate 2022-12-01
publisher Taylor & Francis Group
record_format Article
series Cogent Economics & Finance
spelling doaj.art-93e598d6c41c448b9b9596075a3f81b22022-12-22T04:02:28ZengTaylor & Francis GroupCogent Economics & Finance2332-20392022-12-0110110.1080/23322039.2022.2119694Marketed surplus of Indonesian rice productionAmzul Rifin0Department of Agribusiness, Faculty of Economics and Management, IPB University, Bogor, IndonesiaIndonesian rice production has exhibited a positive increasing trend over the years. On the other hand, rice retail prices tend to fluctuate, even though the country has imported rice. One reason for this is that not all of the rice produced is sold to the market or marketed surplus. The objective of this study is to analyse the marketed surplus of Indonesian rice production and its determinants. The rice farmers’ survey conducted by Statistics Indonesia in 2014 was utilised. The Heckman two-step procedure was utilised to address the sample selectivity bias. The results indicate that the rice marketed surplus in Indonesia was 50 percent, with the highest in Java at 57percent, while outside Java, the marketed surplus was 48 percent. From the variables analysed, three variables were significant, and the sign was consistent among locations. Meanwhile, the output price has different effects on the three locations.https://www.tandfonline.com/doi/10.1080/23322039.2022.2119694commercializationHeckman two step procedurerice
spellingShingle Amzul Rifin
Marketed surplus of Indonesian rice production
Cogent Economics & Finance
commercialization
Heckman two step procedure
rice
title Marketed surplus of Indonesian rice production
title_full Marketed surplus of Indonesian rice production
title_fullStr Marketed surplus of Indonesian rice production
title_full_unstemmed Marketed surplus of Indonesian rice production
title_short Marketed surplus of Indonesian rice production
title_sort marketed surplus of indonesian rice production
topic commercialization
Heckman two step procedure
rice
url https://www.tandfonline.com/doi/10.1080/23322039.2022.2119694
work_keys_str_mv AT amzulrifin marketedsurplusofindonesianriceproduction