Determination of Food Price Increase in Indonesia: RICE, FOOD, SOY Period 2007 - 2017

Elpina Idola Malau

2018

Abstract

The purpose of study to analyze the effect of broad money (m2), narrow money (m1), exchange rate, amount of rice and soybean production, rainfall and the maximum temperature on the high food prices in Indonesia for the period 2007-2017. The study used multiple linear regressions, to examine the study hypothesis. The empirical analysis show that broad money (m2) narrow money (m1), amount of rice and soybean production, rainfall and the maximum temperature significant and positively affects on the high food prices in Indonesia and exchange rate significant and negative affected on the high food prices in Indonesia, particularly rice and soybean. This study also found that narrow money (m1) had the most dominant influence on high food price in Indonesia. caused look at the society of velocity of money fast, that is trough economy and business transaction, that impact on the high food prices in Indonesia.

Paper Citation

in Harvard Style

Malau E. (2018). Determination of Food Price Increase in Indonesia: RICE, FOOD, SOY Period 2007 - 2017.In Proceedings of the 1st Unimed International Conference on Economics Education and Social Science - Volume 1: UNICEES, ISBN 978-989-758-432-9, pages 851-859. DOI: 10.5220/0009509108510859

in Bibtex Style

@conference{unicees18,
author={Elpina Idola Malau},
title={Determination of Food Price Increase in Indonesia: RICE, FOOD, SOY Period 2007 - 2017},
booktitle={Proceedings of the 1st Unimed International Conference on Economics Education and Social Science - Volume 1: UNICEES,},
year={2018},
pages={851-859},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009509108510859},
isbn={978-989-758-432-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st Unimed International Conference on Economics Education and Social Science - Volume 1: UNICEES,
TI - Determination of Food Price Increase in Indonesia: RICE, FOOD, SOY Period 2007 - 2017
SN - 978-989-758-432-9
AU - Malau E.
PY - 2018
SP - 851
EP - 859
DO - 10.5220/0009509108510859