Trend Analysis of Red Chili Price-Formation Models release_evfjhdv42nbodax4gfstnmhsca

by Siti Mir'atul Khasanah, Mochammad Maksum, Endy Suwondo

Published in Agritech by Universitas Gadjah Mada.

2020   Volume 40, p57

Abstract

Red chili's characteristic flavor has been a popular element in Indonesian cuisine. A large and continuous demand for red chili is inconsistent with production volumes, causing frequent and extreme price fluctuations throughout the year. This study explores the changing trends in red chili prices to identify the influencing factors. The study was conducted in the Sleman district of Yogyakarta, Indonesia. Time-series datasets of monthly production rates and prices of chili for 3 years were subject to multiple linear regression analysis. The study found a rising trend in prices in the Sleman Regency from January 2014 to December 2016. The factors significantly influencing the red chili prices was the price of cayenne pepper. The production cost of chili, the price of tomatoes, and the price of chili for the previous 2 months had only partial and nonsignificant effects. The timing of great Muslim celebrations, such as Eid Al-Fitr and Eid Al-Adha had no significant effect on the price of red chili. However, Christmas and New Year events were associated with higher prices.
In application/xml+jats format

Archived Files and Locations

application/pdf  468.5 kB
file_tqhcguv2unhu3iezi5vkuost7y
jurnal.ugm.ac.id (publisher)
web.archive.org (webarchive)
Read Archived PDF
Preserved and Accessible
Type  article-journal
Stage   published
Date   2020-03-05
Container Metadata
Open Access Publication
In DOAJ
In ISSN ROAD
Not in Keepers Registry
ISSN-L:  0216-0455
Work Entity
access all versions, variants, and formats of this works (eg, pre-prints)
Catalog Record
Revision: ad87fadc-914d-48e4-9804-8132380bd6eb
API URL: JSON