Abstract: This study aims to: (1) Analyze the spatial integration of shallot commodity prices in West Nusa Tenggara; (2) Analyze the transmission of shallot prices that occur between regions in West Nusa Tenggara. The data used in this study are weekly shallot price data in time series from January 1, 2020 to August 31, 2024 from the National Strategic Food Price Information Center website at 4 main shallot markets in West Nusa Tenggara, namely: Amahami Bima Market, Seketeng Sumbawa Market, Aikmel Market, East Lombok and Mandalika Market, Mataram City. Data analysis using root test (stationary data), optimal lag test, correlation test, Error Correction Model (ECM), Variance Decomposition (VC) and Impulse Response Function (IRF).
The results of the study show that: (1) The price of shallots in Amahami against the Aikmel, Mandalika and Seketeng markets is strongly integrated in the long term and weakly integrated in the short term; (2) Price transmission that occurs in the markets in West Nusa Tenggara including Amahami, Aikmel, Mandalika and Seketeng markets can be transmitted well where, Amahami Market is a market reference because its production center is in Amahami Market, so it can quickly adjust to the Mandalika market and other markets also adjust indirectly market information can be received by the four markets.
Suggestions from this study are (1) Provision of accurate price information and dissemination of price information need to be improved again so that every shallot marketing institution and consumer can find out about price changes that occur quickly and accurately; (2) The importance of cooperation between markets to control prices in order to minimize the symptoms of excessive price fluctuations that apply in the market. And there needs to be an in-depth study for further research related to the Shallot commodity in West Nusa Tenggara.
Keywords: Shallots, Market Integration, Price Transmission. ECM.
Title: SPATIAL INTEGRATION ANALYSIS OF RED ONION COMMODITIES IN WEST NUSA TENGGARA
Author: Ghina kholishah, Anas Zaini, F.X. Edy Fernandez
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
Vol. 12, Issue 2, October 2024 - March 2025
Page No: 71-81
Research Publish Journals
Website: www.researchpublish.com
Published Date: 20-November-2024
