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Journal : Agrikan: Jurnal Agribisnis Perikanan

Indonesian Tuna Economic Performance in the International Market Sarlotha Yulliana Purimahua; Yonette Maya Tupamahu
JURNAL AGRIKAN (Agribisnis Perikanan) Vol 15 No 2 (2022): Agrikan: Jurnal Agribisnis Perikanan
Publisher : Fakultas Pertanian, Universitas Muhammadiyah Maluku Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52046/agrikan.v15i2.1297

Abstract

The purpose of this research is to analyze the factors that influence the economic performance of Indonesian tuna and to analyze the contribution of the economic performance of Indonesian tuna to the international market. This research was limited to skipjack tuna (Katsuwonus pelamis). Analysis of the simultaneous equation model of Indonesian tuna economic performance is divided into: a) The Indonesian Market Block, including Indonesian Tuna Supply, Indonesian Tuna Demand, Indonesian Tuna Price, and b) International Market Block, including World Tuna Price, World Tuna Demand, and World Tuna Supply. Statistical criteria that must be met: test the coefficient of determination (R2), F test, and t test. Econometric criteria include: stationarity test, normality test, autocorrelation test, multicollinearity test, and heteroscedasticity test. The results of research on the factors that influence the economic performance of tuna in the Indonesian market are: a). The amount of supply for Indonesian tuna production is affected by the price of Indonesian tuna in year t. b) The amount of demand for tuna exports is affected by the price of Indonesian tuna in year t, the rupiah exchange rate against the US dollar in year t and world tuna prices in year t. c) The price of Indonesian tuna is influenced by the population of Indonesia in year t and the price of Indonesian tuna in the previous year has a significant and negative relationship to the price of Indonesian tuna in year t.
Feasibility of Cultivating Nutmeg (Myristica fragrans Houtt) in Sulamadaha Village, Ternate City, North Maluku Province Haryati La Kamisi; Yonette Maya Tupamahu; Sarlotha Y ulliana Purimahua; Margaretha Rosalyn Apituley
Agrikan Jurnal Agribisnis Perikanan Vol 16 No 1 (2023): Agrikan: Jurnal Agribisnis Perikanan
Publisher : Fakultas Pertanian, Universitas Muhammadiyah Maluku Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52046/agrikan.v16i1.1639

Abstract

This study aims to determine the cash flow and feasibility of nutmeg cultivation based on the Net Present Value, Internal Rate of Return, Net B/C Ratio, Payback Period, and Break Even Point. The variables studied to determine cash flow are investment costs, operational costs, and revenues. This study uses a descriptive analysis method with a type of survey method. Respondents were taken by means of a census of 20 farmers. Primary data was obtained from direct interviews with respondents using questionnaires and secondary data was collected by documenting data from other sources. The results showed that the total costs used in nutmeg farming for 10 years on a land area of 0.5 ha was IDR 23,707,950.00 consisting of investment costs of IDR 1,182,950.00, operational costs of IDR 22,525,000.00, and receipts of IDR 654,381,000.00. The results of the investment analysis show that nutmeg farming is feasible based on the NPV value of IDR 349,136,600.00 which is greater than 0, the IRR value is 85.35% which is greater than the applicable loan interest rate (7%), and the value of the Net B/C Ratio is 33.68 which is greater than 1, the Payback Period is achieved within 7 years and the Break Even Point will occur in the seventh year