Price fluctuations and market integration of fresh skipjack tuna in Indonesia

Rahim, Abd. and Hastuti, Diah Retno Dwi and Malik, Abdul and Sabar, Wardihan (2024) Price fluctuations and market integration of fresh skipjack tuna in Indonesia. Journal of Socioeconomics and Development, 7 (1). pp. 1-13. ISSN ISSN 2615-6075 online; ISSN 2615-6946 print

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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 betweenwholesale 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.

Item Type: Article
Subjects: KARYA ILMIAH DOSEN
Universitas Negeri Makassar > KARYA ILMIAH DOSEN
Divisions: KOLEKSI KARYA ILMIAH UPT PERPUSTAKAAN UNM MENURUT FAKULTAS > KARYA ILMIAH DOSEN
KARYA ILMIAH DOSEN
Depositing User: Pustakawan Amaluddin Zaihal
Date Deposited: 27 Jun 2024 04:01
Last Modified: 27 Jun 2024 04:01
URI: http://eprints.unm.ac.id/id/eprint/35771

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