| dc.contributor.author | Darma, Surya | |
| dc.contributor.author | Hakim, Yundi Permadi | |
| dc.contributor.author | A., Erwin Kurniawan | |
| dc.contributor.author | Darma, Dio Caisar | |
| dc.contributor.author | Suparjo, Suparjo | |
| dc.date.accessioned | 2022-03-11T05:55:26Z | |
| dc.date.available | 2022-03-11T05:55:26Z | |
| dc.date.issued | 2022-03-08 | |
| dc.identifier.citation | Darma, S., Hakim, Y. P., Kurniawan, E., Darma, D. C., & Suparjo, S. (2022). Understanding Market Behavior on Corn Commodity: Phenomenon at Year End. Asian Journal of Agriculture and Rural Development, 12(2), 53–64. | en_US |
| dc.identifier.issn | 2224-4433 | |
| dc.identifier.uri | http://repository.unmul.ac.id/handle/123456789/23095 | |
| dc.description | This study analyzed the influence of the demand and supply sides on the behavior of the corn market in
Samarinda City, Indonesia, and it was found that the two are closely related as both consumers and producers
respond to each other based on the quantity of corn. Towards the end of the year, demand from consumers increased
in line with the supply of producers. However, the supply side variable determines the market the most because the
two indicators (production cost and distribution) have the highest coefficients with a positive path. This study contributes to the theoretical aspect. Extension services to seasonal corn farmers in Samarinda City, are not only based on certain moments (such as New Year’s celebrations and festivals), but also follow market patterns that follow demand trends. For the future, there is a need for policies on distribution, training, extension, knowledge, and promotion services for corn farmers. We expect the implications for industry practitioners and academics to attract attention to highlight and expand knowledge regarding the factors that influence market behavior for corn besides the supply and demand factors. The limitation of this study is in the variables used. The sample range and observation period can be expanded to produce more extensive findings. In order to support socioeconomic sustainability in agriculture, these findings require scientific references and foundations based on a more constructive scale. | en_US |
| dc.description.abstract | The cause of market failure is the lack of synchronization between supply and demand, or vice versa. Initially, corn was considered as a substitute and a complementary commodity for food, but now it has turned into a basic need for people in Indonesia, especially when they celebrate the new year. The main aim of this study is to examine the interaction between the demand side and the supply side. The study was carried out by inviting 9,850 respondents in Samarinda City to be surveyed regarding interest, tradition, taste, price, opportunity, profit, production cost, and distribution. Empirical testing was used to interpret the data, including correlation, reliability, and validity. Constructive validity was found in the market behavior function, where the indicators of consumer demand (p <0.01) and produce supply (p <0.01) have a significant effect. Also highlighted were production cost and distribution, both of which have a positive channel and are closely related to the other six indicators. The consistent performance of production cost and distribution supported further evidence providing stability of measurement results. Additionally, tradition and opportunity also produced high coefficients in the reliability test. We can further examine empirical results by including other dimensions, such as social, psychological and individual factors. In addition, diagnostic transformations need to be highlighted where market trends can change along with the growth of other commodities. | en_US |
| dc.description.sponsorship | Internal/self-funding | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | Asian Economic and Social Society (AESS) | en_US |
| dc.relation.ispartofseries | 12(2);53–64 | |
| dc.subject | Demand | en_US |
| dc.subject | Supply | en_US |
| dc.subject | Corn | en_US |
| dc.subject | Samarinda | en_US |
| dc.subject | Interviews | en_US |
| dc.subject | End of year | en_US |
| dc.title | UNDERSTANDING MARKET BEHAVIOR ON CORN COMMODITY: PHENOMENON AT YEAR END | en_US |
| dc.type | Article | en_US |
