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Venty Fitriany Nurunisa
Departemen Agribisnis, Fakultas Ekonomi Dan Manajemen, Institut Pertanian Bogor
Agriculture, Biological Sciences & Forestry Economics, Econometrics & Finance

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PRICE TRANSMISSION OF SKIM MILK POWDER IN INDONESIA: DO SKIM MILK POWDER IMPORT PRICES FOLLOW THE PRICES IN NEW ZEALAND? Nurunisa, Venty Fitriany; Sinaga, Bonar Marulitua; Winandi, Ratna; Brummer, Bernhard
Forum Agribisnis Vol 4, No 2 (2014): FA Vol 4 No 2 September 2014
Publisher : Forum Agribisnis

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The objectives of this research are i) to examine New Zealands dairy sector and ii) to analyze the market integration and price transmission of Skim Milk Powder (SMP) of New Zealand and Indonesian market. The methods used are Augmented Dickey Fuller test, Johansen Cointegration test, and Vector Error Correction Model. The result indicates: 1) as trade partner, New Zealand is powerful due to its status as the largest dairy producer worldwide; therefore, Indonesia has less bargaining power and 2) The SMP market of both countries are integrated. The coefficient of long run equation variable indicates that every 10 percent changes of one market, the imported SMP price will adjust 10.97 percent, while the exported SMP price will adjust 9.12 percent. The loading vector coefficient indicates that Indonesia is the only party adjusting to long run disequilibrium. Policies to minimize the risks includes: i) buffer budget, ii) alternative suppliers and iii) futures trade.
ANALISIS DAYA SAING DAN STRATEGI PENGEMBANGAN AGRIBISNIS TEH INDONESIA Nurunisa, Venty Fitriany; Baga, Lukman Mohammad
Forum Agribisnis Vol 2, No 1 (2012): FA Vol 2 No 1 Maret 2012
Publisher : Forum Agribisnis

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In the last ten years, the performance of Indonesia’s tea agribusiness has been decreased. It is shown by the decreasing of tea estate area by 2.18 percent per year, tea production decreased by 0.8 percent and export volume decreased by 1.07 percent per year. The Porter’s Diamond System analysis shows that the competitiveness of Indonesia’s tea agribusiness is still weak. The main component of Indonesia’s tea that supports each other are : 1) the resources factors with the domestic demand conditions, and also 2) the resources factors with the related and supporting industries. While in the supporting component, the government component only supports the resources factors component, and it’s clearly different with the chance component that supports all the main components. Finally, tea agribusiness development strategies in Indonesia was analyzed by using SWOT and Architecture Strategy, which were more directed to increase the performance of smallholders tea plantation by strengthening the role of farmer group and optimalizing the role of association. In the other hand, the strategies for government and private tea estate are more directed to increase the volume of production and product diversification which are important for improving the export oriented tea products. Other strategies that can be implied are 1) increasing the promotional activity and 2) spreading information about tea and its benefits to increase domestic tea consumption.
Co-Authors Bernhard Brummer Bonar Marulitua Sinaga Lukman M. Baga Ratna Winandi