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Modeling The Price Competitiveness of Indonesian Crops
Oleh:
Bautista, Romeo M.
;
San, Nu Nu
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Journal of Asian Economics vol. 9 no. 3 (1998)
,
page 425-444.
Topik:
prices
;
price competitiveness
;
indonesian crops
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ50.3
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
In this article, we examine quantitatively the determinants of relative domestic prices of four major non rice crops in Indonesia using an analytical framework that distinguishes between the effects of domestic policies and external factors. A decomposition analysis is undertaken on the changes in price competitiveness of each crop between subperiods during 1970 – 1994, involving the following components : (a) changes in the foreign price ; (b) changes in the real exchange rate ; and (c) changes in sectoral protection. To disentangle the effects of domestic policies, a real exchange rate equation is econometrically estimated for Indonesia in which the main explanatory variables are the external terms of trade, trade policy, current account balance (assumed dependent on macroeconomic policies), and the nominal exchange rate (a short - run influence).
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