Journal of Socioeconomics and Development
Vol 7, No 1 (2024): April

Price fluctuations and market integration of fresh skipjack tuna in Indonesia

Abd. Rahim (Universitas Negeri Makassar)
Diah Retno Dwi Hastuti (Universitas Negeri Makassar)
Abdul Malik (Universitas Negeri Makassar)
Wardihan Sabar (Universitas Islam Negeri Alauddin Makassar)
Irwandi Irwandi (Universitas Negeri Makassar)



Article Info

Publish Date
20 Mar 2024

Abstract

Price fluctuations significantly impact the market integration of fresh skipjack tuna. This study employed quantitative methods, analysing time-series data sourced from publicly available secondary outlets. Skipjack price fluctuations were estimated through multiple regression analysis, while skipjack market integration was assessed using the Index of Market Connection (IMC). The research findings indicate that skipjack tuna prices in Indonesia, at the retail, wholesale, and producer levels, are positively influenced by past fluctuations in skipjack prices. However, changes in skipjack prices at the wholesale level do not directly affect retail prices. In the short term, there is relatively high market integration between producer and wholesale markets, as well as between wholesale and retail markets. Producers and wholesale markets function as price-makers, while there is relatively low market integration between the producer and retail markets, where producers act as price-takers. For the market to function optimally, it needs to be wholly interconnected. In the long run, there is no integration in the skipjack market. Efficient marketing distribution requires improved access to infrastructure, including roads, land, and sea transportation. Furthermore, the establishment of a digital marketing system is essential for obtaining quick information on the prices of fishery products, spanning from producer markets, such as fish auctions, to wholesale and retail markets.JEL Classification D82; Q11; Q22To cite this article: Rahim, A., Hastuti, D. R. D., Malik, A., Sabar, W., & Irwandi (2024). Price fluctuations and market integration of fresh skipjack tuna in Indonesia. Journal of Socioeconomics and Development, 7(1), 1-13. https://doi.org/10.31328/jsed.v7i1.5085

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Journal Info

Abbrev

jsed

Publisher

Subject

Agriculture, Biological Sciences & Forestry Arts Humanities Economics, Econometrics & Finance Environmental Science Social Sciences

Description

Journal of Socioeconomics and Development (JSeD) is managed by The Study Program of Socioeconomics (Agribusiness), Agriculture Faculty, Widyagama University of Malang. JSeD is published biannually in April and October, and available in printed and online version. ...