ELASTISITAS PERMINTAAN HARGA KOMODITAS CABAI RAWIT DI SUMATERA SELATAN (ISIC 01283)
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Institusion
Universitas Sriwijaya
Author
SARI, LENI RATNA
Apriani, Deassy
Apriani, Deassy
Subject
HB1-3840 Economic theory. Demography
Datestamp
2023-04-14 02:31:00
Abstract :
In Indonesia there are several provinces that have chili production the consumption needs of the Indonesian people with one of the provinces namely South Sumatra. The prices of cayenne pepper in South Sumatra province has different each district or city from the highest to the lowest and the price fluctuation never stable every year. With these conditions, this study study aims to analyze the price elasticity of demand for cayenne pepper in South Sumatra. The data used is secondary data from the Indonesian Statistics, and National Socioeconomic Survey. The analysis technique uses multiple linear regression with the Cobb-Douglass production function. The variables were observed in this study is the price of cayenne papper, harvested area, income per capita and demand for cayenne pepper. The results show that the price of demand for cayenne pepper has not effect on the chili itself because its value is 1.469 which mean it is elastic (E > 1), namely the harvested area is -0,667 (E < 1) and income per capita is -2,285 (E < 1).
In Indonesia there are several provinces that have chili production the consumption needs of the Indonesian people with one of the provinces namely South Sumatra. The prices of cayenne pepper in South Sumatra province has different each district or city from the highest to the lowest and the price fluctuation never stable every year. With these conditions, this study study aims to analyze the price elasticity of demand for cayenne pepper in South Sumatra. The data used is secondary data from the Indonesian Statistics, and National Socioeconomic Survey. The analysis technique uses multiple linear regression with the Cobb-Douglass production function. The variables were observed in this study is the price of cayenne papper, harvested area, income per capita and demand for cayenne pepper. The results show that the price of demand for cayenne pepper has not effect on the chili itself because its value is 1.469 which mean it is elastic (E > 1), namely the harvested area is -0,667 (E < 1) and income per capita is -2,285 (E < 1).
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