Egg Market Integration and Financial Feasibility Laying Hens Farmer in Central Java, Indonesia

A. Setiadi, Siswanto Imam Santoso, Z. Sumalde
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Abstract

The research aims to determine the degree of chicken egg market integration, determine the price asymmetric and determine the financial feasibility of chicken egg business in Central Java, Indonesia. Secondary data from January 2017- December 2019 was used for research. Survey research was conducted on 100 (one hundred) laying hens farmers. The research study was conducted in Semarang city, Kendal regency and Semarang regency. Johansen test, Pearson correlation and Granger Causality test were used in this study. Financial feasibility analyses such as investment, payback period (PP), net present value (NPV), Internal Rate of Return (IRR), Return on Investment (ROI), and Benefit-cost (B/C) ratio are used in this study. The result showed there was a positive correlation between the Price in Kendal Regency and Semarang City. Increasing prices in Semarang City caused the increasing Price in Kendal regency vice versa. There was a marketing integration between Semarang city and Kendal regency, and Granger Causality showed Price in Semarang city influenced the Price in Kendal regency and Semarang regency. The price of chicken eggs in Semarang city, Kendal regency, and Semarang city were symmetric. Based on the calculation of PP, NPV, IRR, ROI and B/C ratio, laying hens business in Central Java is feasible to run.
鸡蛋市场整合与印尼中爪哇省蛋鸡养殖户的财务可行性
本研究旨在确定印度尼西亚中爪哇地区鸡蛋市场一体化程度,确定价格不对称,确定鸡蛋业务的财务可行性。研究使用了2017年1月至2019年12月的二手数据。对100户蛋鸡农户进行了调查研究。研究在三宝垄市、肯德尔县和三宝垄县进行。本研究采用约翰森检验、皮尔逊相关检验和格兰杰因果检验。本研究采用投资、投资回收期(PP)、净现值(NPV)、内部报酬率(IRR)、投资报酬率(ROI)、效益成本比(B/C)等财务可行性分析。结果表明,肯德尔摄政的价格与三宝垄市的价格呈正相关。三宝垄市的价格上涨导致肯德尔县的价格上涨,反之亦然。三宝垄市和三宝垄市之间存在营销整合,且格兰杰因果关系表明三宝垄市的价格影响了肯德尔市和三宝垄市的价格。三宝垄市、肯德尔县、三宝垄市的鸡蛋价格是对称的。通过PP、NPV、IRR、ROI和B/C比值计算,中爪哇地区蛋鸡经营是可行的。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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