The Impact of Market Power on Soybean Price in Indonesia
Abstract
The purpose of this study is to analyze the impact of the market power on soybeans price. This study uses data from time series (1989-2008) were analyzed by the model approach of oligopoly Appelbaum - Schroeter. The study found that market power have a significant impact on the increase in prices in the market of soybeans, the market power have a considerable impact on the increase in prices to the wholesale entry soybeans industry, but relatively little impact on the rise in prices of soybeans products processed as industrial production. Therefore, the policies of prices established by the Government has to take into account the forces of the market, pricing policies will be less effective in elasticity conjectural is relatively high, demand is highly inelastic, and the market is the proper functioning of the policy.
Keywords: Marketing, soybean, market power, industry, conjectural elasticity
References
Appelbaum, E. 1982. The Estimate of the degree of oligopoly Power. Journal of Econometrics,19: 287-299
Chalil, Diana and Fredoun Ahmadi-Esfahani. 2006. Modelling Market Power in The Indonesian Palm Oil Industry. Agricultural and Resources Economics Faculty of Agriculture, Food and Natural Resources The University of Sydney NSM
Kasryno, Faisal, Delima H. Darmawan, I Wayan Rusastra, Erwidodo, dan Charil A Rasahan. 2005. Pemasaran Kedelai di Indonesia. Kedelai, Penyunting: Sadikin Somaatmadja, M. Ismunadji, Sumarno, Mahyuddin Syam, S.O. Manurung Yuswadi. Badan Penelitian dan Pengembangan Pertanian Pusat Penelitian dan Pengembangan Tanaman Pangan, Bogor
Purwoko, A dan Sayaka, B. 1992. Ekonomi Kedelai di Sulawesi Selatan. Pusat Penelitian Sosial Ekonomi Pertanian. Bogor
Schroeter, Jhon R. 1988. Estimating the Degree of Market Power in the Beef Packing Industry. The Review of Economics and Statistics. 70 (1): 158-162.
Shepperd, WG. 1990. The economic of Industrial Organization. Third Edition.
Tirole, Jean. 1994. The Theory of Industrial Organization. The MT Press Cambridge, Massachusetts, London, England
Wann, J.J, Sexton R.J. 1992. Imperfect Competition Multiproduct Food Industries With Application to Pear Processing. American Journal of Agricultural Economic 74 (4), 980 - 990
Weerahewa, Jeevika. 2003. Estimating Market Power of Tea Processing Sector. Sri Lankan Journal of Agricultural Economics Vol. 5, No. 1, 2003
Zulham, A dan Yumm, M. 1996. Pemasaran dan Pembentukan Harga. Ekonomi Kedelai di Indonesia. Dalam Ekonomi kedelai di Indonesia disunting oleh Amang, B; Sawit. H dan MR. Anas. IPB Press. Bogor
Refbacks
- There are currently no refbacks.
Publisher by Asia Pacific Network for Sustainable Agriculture, Food and Energy Network (SAFE Network).