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FEASIBILITY STUDY OF SERICULTURE BUSSINES AND DIVERSIFICATION PRODUCTS (INNOVATION ADOPTED) IN WAJO REGENCY, SOUTH SULAWESI
Jun Harbi, Dodik Ridho Nurrochmat and Clara M. Kusharto
Program Studi Pengelolaan Sumberdaya Alam dan Lingkungan 28
Sekolah Pascasarjana 29
Institut Pertanian Bogor 30
Bogor (Indonesia)
Corresponding author: This email address is being protected from spambots. You need JavaScript enabled to view it.
ABSTRACT
In average cocoan production in the Walennae Village about 65-70% of the Wajo production, therefore that Walennae Village production may represent Wajo production. However, cocoan production levels in the Walennae Village still fluctuated annually. Production levels are likely to rise in the2013 and declined dramatically in 2014. This research aims to assess and analyze the feasibility status of sericulture business and diversification products by using financial analysis. Results of financial feasibility analysis showed that at the minimum production, NPV is Rp 3.229.402, IRR 48% and Net B/C 2.71 (currently). Whenever, the innovations adopted, such as NPV is Rp 3.503.903, IRR 33% and Net B/C 1,91. Making diversified products in the form of of silkworm pupa powder (Tepung Pury) by adoted innovation is the immediate vital to optimize profits. With selling price of Pury powder is Rp 22.580/kg, net profit that can be generated is Rp 596.899 (optimum production) and Rp 3.780.099 (minimum production). The conclusion of this study is the sericulture business and products diversification (innovation adopted) on Walennae Village is feasible to implement.
Keyword : Feasibility, sericulture, diversification products, innovation adopted
ANALYSIS OF DISASTER PREVENTION FOR SMOKE
CAUSED BY LAND AND FOREST FIRES USING ECONOMIC INCENTIVES IN RIAU
Usamah Khan
SPIRIT International,
Soceity Partnersip toward Resilience for Disaster Reduction, Riau, Indonesia
Corresponding author: This email address is being protected from spambots. You need JavaScript enabled to view it.
ABSTRACT
This time for the benefit of plantations in Riau, most people who clear the land and forests by burning. Burning on a vast scale can lead to disaster of smoke. This condition is increasingly disrupt the lives of people, both from health and economic. The most dominant impact of smoke is very annoying entire community activities, such as education processs and transportation systems in wide area coverage up to neighboring countries. This study aims to figure out a holistic solution for smoke disaster caused by land and forest fires by using economic incentives. Incentives are given to the owner of land that clear land without burning. The method goes to rapid rural appraisal at selected sites in Rokan Hilir District, Riau. The collection of data and information conducted by direct observation, informal interviews with people who live near the plantation, local leaders or officials concerned and discussion with some relevant professionals. The results find that people who clear the land by burning. because they do not have money to clearing land manually or using heavy equipment. It indicates that economic situation become a basic reason to burn. The economic incentives for land clearing will reduce the risk of land and forest fires. Economic incentives need approaching of require regulation from the government. Financing schemes from Professionals and banking institutions must be discussed for proper implementation.
Keywords : Disaster Prevention, Land and Forest Fire, Economic Incentives
ANALYSIS OF INDONESIA’S PEPPER IN THE SUPPLY AND DEMAND
Ermi Tety, Eliza, and Hamdani
Science Agribusiness / Agricultural Economics of Agriculture University of Riau
Corresponding author : This email address is being protected from spambots. You need JavaScript enabled to view it.
ABSTRACT
Indonesia is second biggest producer and exportir of pepper commodity in the world. The purposes of this research are: (1) to analyze of Indonesian pepper in the supply and demand; (2) to analyze the impact of exchange rate, price of world pepper, and combination among its to Indonesian pepper in the supply and demand. Analysis method used simultaneous equation with time series data from 1990 till 2013. The results showed that determinant coefficient (R2) of every equations are 0,51 till 0,86 and F value are 4,67 till 20,16. Indonesian pepper production significantly influenced by real price of Indonesian pepper, Indonesian pepper export, real interest rate of Indonesia, and Indonesian pepper production last year. Indonesian pepper demand significantly influenced by Indonesian population. Indonesian pepper export significantly influenced by growth of Indonesian pepper demand and Indonesian pepper export last year. Indonesian pepper price significantly influenced by Indonesian pepper production, real exchange rate of IDR to USD, inflation rate of Indonesia, and Indonesian pepper price last year. Real price of Indonesian pepper isn’t responsive to Indonesian pepper production in short run and responsive in long run. Indonesian population is responsive to Indonesian pepper demand in short run and long run. Other exogenous variables aren’t responsive to endogenous variable in short run and long run. The exchange rate depreciation, the increase price of world pepper, and combination among its impact to increase of Indonesian pepper price, export, and production and degradation of Indonesian pepper demand. Development of pepper agroindustry must intensively to improve domestic demand and give economic value to pepper commodity.
Keywords: Pepper, supply and demand response, simultaneous equation
THE CONTRIBUTION OF SPOT - FUTURES PRICE AND OTHER VARIABLES TO THE INDONESIAN CRUDE PALM OIL (CPO) EXPORT
Athika Budi Prihatini1, Rina Oktaviani2 and Tanti Novianti3
Graduate student of Economics Department, Graduate School of Economics Bogor Agricultural University (IPB)
1Professor at the Economics Department and Director of International Trade Analysis and Policy Studies (ITAPS) Faculty of Economics and Management, Bogor Agricultural University (IPB)
2Lecturer at the Economics Department and Researcher of International Trade Analysis and Policy Studies (ITAPS) Faculty of Economics and Management, Bogor Agricultural University (IPB)
3Chairman of Indonesian Agricultural Economics Association of Palembang
*Corresponding author: This email address is being protected from spambots. You need JavaScript enabled to view it.
ABSTRACT
Crude Palm Oil (CPO) plays important role in Indonesian economy, especially as the main export commodities of non-oil sector. As a strategic commodity, the development of exports and the spot-futures price of CPO need to be taken in order to increase the contribution of CPO. In line of the issue, the main objective of this study is to analyse price volatility and contribution of spot price, futures price, export price, production, exchange rate, interest rate, inflation and world oil price to export. The daily data for the period Juni 2010-December 2014 and monthly data of January 2009 to December 2014 are taken as input for the study. The volatility are analyzed by applying ARCH-GARCH and contribution price and other variable series are analysed by applying VECM. The test results indicate that spot price and futures price are volatile. The result also shows that the dummy futures prices, production, exchange rates, interest rate, inflation and world oil prices variables have a significant effect on CPO exports. The CPO economic development should be taken into account those significant factors.
Keywords : spot-futures price, volatility, CPO exports