The Role of Domestic Prices and International Prices in Indonesian Cocoa Bean Exports 2019-2023

Author(s): Rita Feni, Riyanto Efendi

Institution: Universitas Muhammadiyah Bengkulu, Indonesia

Category: Articles, IJMMU, Export, Domestic Prices, International, Cocoa Bean Exports

Topics: Domestic Price, International Price, Cocoa Bean Export

Abstract: Cocoa Beans are one of the promising agricultural commodities. The purpose of this study is to determine the relationship between domestic prices and international prices in influencing Cocoa Bean Exports in 2019-2023. The methodology of this study is causal comparative with a quantitative approach using secondary data from the Indonesian Central Statistics Agency (BPS) and the International Cocoa Organization (ICO). The data analysis method in this study uses Ordinary Least Squares (OLS). The results of the study are as follows: 1). Domestic cocoa bean prices have a significant effect on Indonesian cocoa bean exports, 2). International prices have a negative and insignificant effect on Indonesian cocoa bean exports, 3). Domestic prices and international prices together affect Indonesian cocoa bean exports by 58.7% and 41.3% is influenced by other variables not included in the research.

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