AGRIEKONOMIKA
Vol 9, No 1: April 2020

The Role of Rice’s Price in the Household Consumption in Indonesia

Dian Hafizah (Doctoral Program in Economics of Agriculture, IPB)
Dedi Budiman Hakim (Faculty of Economics and Management, IPB)
Harianto Harianto (Faculty of Economics and Management, IPB)
Rita Nurmalina (Faculty of Economics and Management, IPB)

Article Info

Publish Date
25 Jun 2020

Abstract

The purpose of the study was to analyze the role of rice’s price in household consumption patterns in Indonesia. The method used was the Quadratic Almost Ideal Demand System (QUAIDS). The data used were obtained from the National Social Economy Survey in 2016. The results show that when the price of rice increases by one percent, the demand for other carbohydrates, eggs-milk-beans, fruits also Cigarette and processed foods will be increase. Meanwhile, in other groups, when the price of rice rises, the demand will go down. Thus, it can be concluded that households still prioritize rice consumption in their daily consumption patterns compared to other commodity groups. Therefore, the government should develop policies that encourage people to consume more diverse food groups.

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Journal Info
AGRIEKONOMIKA
Website

Abbrev

agriekonomika

Publisher

Universitas Trunojoyo Madura

Subject

Agriculture, Biological Sciences & Forestry Economics, Econometrics & Finance

Description

AGRIEKONOMIKA, terbit dua kali dalam setahun yaitu pada April dan Oktober yang memuat naskah hasil pemikiran dan hasil penelitian bidang sosial, ekonomi dan kebijakan pertanian dalam arti ...