Investigation of Coffee Export Dynamics in Indonesia

Authors

  • Muhammad Idham Sofyan Bina Nusantara University
  • Toto Edrinal Sebayang Bina Nusantara University
  • Viani Khairunnisa Syafni Bina Nusantara University

DOI:

https://doi.org/10.26740/bisma.v11n1.p67-76

Keywords:

coffee, exports, VECM

Abstract

The aim of this research is to discover the factors that influence the export volume of Indonesian coffee, the response of Indonesian coffee exports to shock variables that affect it, and the contribution of the variables affecting the coffee export to the change of export variables in Indonesia. The study used only secondary data (time series) and the data was collected from The Central Bank of Indonesia (BI), Central Bureau of Statistics (BPS) and International Coffee Organization (ICO). This study takes a monthly period starting from 2010: M01 to 2015: M12 by using the Vector Error Correction Model (VECM) analysis. The result of this research indicates that the data at the first difference is stationer and that there exist cointegration among the variables. While the Granger Causality test shows that there is a two-way relationship between domestic coffee prices and international coffee prices and the occurrence of a direct relationship between the domestic coffee price to the export volume of Indonesian coffee. The Impulse Response Function states that the shock of each variable will produce a sharp shock at the beginning of the period but will reach a stable point at the end of the period. The result of Factor Error Variance Decomposition analysis shows that the shock variables that affect it are still dominated by the variable itself

References

<p>Food and Agriculture Organization of The United Nations. 2015. FAO Statistical Pocketbook Coffee 2015. Retrieved March 26, 2017, <a href="http://www.fao.org/3/a-i4985e.pdf">www.fao.org/3/a-i4985e.pdf</a></p><p>Gabungan Asosiasi Eksportir Indonesia. 2015. Gaeki: Peraturan Ekspor. retrived February 23, 2017, from Gabungan Asosiasi Eksportir Indonesia GAEKI: <a href="http://gaeki.or.id/ketentuan-ekspor-kopi/">http://gaeki.or.id/ketentuan-ekspor-kopi/</a></p><p>GAEKI (n.d). Ketentuan Ekspor Kopi. Retrieved Februar 23, 2017, from GAEKI: <a href="http://gaeki.or.id/ketentuan-ekspor-kopi/">http://gaeki.or.id/ketentuan-ekspor-kopi/</a></p><p>International Coffee Organization (ICO). 2016. Production. Retrieved March 3, 2017, from International Coffee Organization (ICO): <a href="http://www.ico.org/prices/po-production.pdf">http://www.ico.org/prices/po-production.pdf</a></p><p>International Coffee Organization (ICO). 2016. Export Statistics. Retrieved March 6, 2017, dari International Coffee Organization: <a href="http://www.ico.org/prices/m1-exports.pdf">http://www.ico.org/prices/m1-exports.pdf</a></p><p>Gozhali, Imam. (2014). Ekonometrika; Teori, Konsep dan Aplikasi dengan IBM SPSS 22. Semarang: Badan Penerbit Universitas Diponegoro.</p><p>Gujarati, D. N. (2004). Basic Econometrics. Tata McGraw-Hill Education.</p><p>Shabrina, Wiendyan Anggun. (2016). Estimasi Hambatan Nontarif Dan Faktor-Faktor Yang Memengaruhi Ekspor Kopi Indonesia Ke Negara Tujuan Utama. Institut Pertanian Bogor, Bogor.</p><p>Widarjono, Agus. (2013). Ekonometrika; Pengantar dan Aplikasinya. Yogyakarta: UPP STIM YKPN.</p><p>Winarno, Wing Wahyu. (2011). Analisis Ekonometrika Dan Statistika Dengan Eviews (Edisi 4). UPP STIM YKPN</p>

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Published

2018-10-31

How to Cite

Sofyan, M. I., Sebayang, T. E., & Syafni, V. K. (2018). Investigation of Coffee Export Dynamics in Indonesia. BISMA (Bisnis Dan Manajemen), 11(1), 67–76. https://doi.org/10.26740/bisma.v11n1.p67-76

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Articles
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