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Analysis on Indonesia’s beef import

Author

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  • Ari Rudatin

    (Faculty of Economics, Universitas Islam Indonesia, Yogyakarta, Indonesia)

Abstract

This research aims to analyze the effect of imported beef price, per capita income (GDP), and domestic beef price toward the volume of Indonesia’s beef import within the period of 1983-2014 by using Error Correction Model (ECM) analysis method. The research result shows that the variables used in this research have significant effect in short term, except per capita income. In long term, all of the variables have significant effect toward beef import. The conducted Wald test displays that restriction is invalid which means that economically society’s decision in purchasing beef is influenced by inflation.

Suggested Citation

  • Ari Rudatin, 2016. "Analysis on Indonesia’s beef import," Economic Journal of Emerging Markets, Universitas Islam Indonesia, vol. 8(1), pages 65-72, April.
    • Handle: RePEc:uii:journl:v:8:y:2016:i:1:p:65-72
    DOI: 10.20885/ejem.vol8.iss1.art5
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    References listed on IDEAS

    as
    1. Lee, Youngjae & Kennedy, P. Lynn, 2009. "Effects of Price and Quality Differences in Source Differentiated Beef on Market Demand," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 41(1), pages 241-252, April.
    2. Fousekis, Panos & Revell, Brian J., 2000. "Meat Demand in the UK: A Differential Approach," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 32(1), pages 11-19, April.
    3. Lee, Young-Jae & Kennedy, P. Lynn, 2009. "Effects of Price and Quality Differences in Source Differentiated Beef on Market Demand," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 41(1), pages 1-12, April.
    4. Shigekazu Kawashima & Deffi Ayu Puspito Sari, 2010. "Time-varying Armington elasticity and country-of-origin bias: from the dynamic perspective of the Japanese demand for beef imports," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 54(1), pages 27-41, January.
    5. Kawashima, Shigekazu & Sari, Deffi Ayu Puspito, 2010. "Time-varying Armington elasticity and country-of-origin bias: from the dynamic perspective of the Japanese demand for beef imports," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 54(1), pages 1-15.
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    More about this item

    Keywords

    Beef Import; ECM; Wald Test;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F19 - International Economics - - Trade - - - Other

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