Research Article
Analysis of the Cointegration and Causality Relationship to Soybean Imports in Indonesia
@INPROCEEDINGS{10.4108/eai.6-3-2021.2305933, author={Heffi Christya Rahayu and Etty Puji Lestari and Tri Kurniawati Retnaningsih and Anastasia Siti Nurhayati}, title={Analysis of the Cointegration and Causality Relationship to Soybean Imports in Indonesia}, proceedings={Proceedings of the 1st International Conference on Law, Social Science, Economics, and Education, ICLSSEE 2021, March 6th 2021, Jakarta, Indonesia}, publisher={EAI}, proceedings_a={ICLSSEE}, year={2021}, month={5}, keywords={soybean productivity; soybean production; domestic soybean prices; soybean harvested area; soybean import volume}, doi={10.4108/eai.6-3-2021.2305933} }- Heffi Christya Rahayu
Etty Puji Lestari
Tri Kurniawati Retnaningsih
Anastasia Siti Nurhayati
Year: 2021
Analysis of the Cointegration and Causality Relationship to Soybean Imports in Indonesia
ICLSSEE
EAI
DOI: 10.4108/eai.6-3-2021.2305933
Abstract
Soybeans are a strategic commodity in Indonesia, as soybeans are one of Indonesia's main food crops. Demand for soybeans is very high, therefore Indonesia has to import soybeans. The data used is time series data obtained from the Central Statistics Agency, the Ministry of Agriculture, FAO and the Ministry of Trade. The aim of this analysis is to evaluate the impact of soybean productivity factors, domestic soybean prices, soybean production and soybean harvested area on soybean imports in Indonesia. The data analysis method used in this research is the econometric analysis method with VECM (Vector Error Correction Model). The independent variables in the study used were soybean productivity, soybean production, domestic soybean prices, soybean harvested area, and using the dependent variable volume of soybean imports in Indonesia. The data used in this study are secondary data from time series with a period of 41 years in the period 1980-2020.