Research Article
Soybeans Import of Indonesia: What Makes Happen? (A Case in Indonesia)
@INPROCEEDINGS{10.4108/eai.9-8-2022.2338590, author={Avi Budi Setiawan and Yunastiti Purwaningsih and Agustinus Suryantoro and Ernoiz Antriyandarti}, title={Soybeans Import of Indonesia: What Makes Happen? (A Case in Indonesia)}, proceedings={Proceedings of the 5th International Conference on Economics, Business and Economic Education Science, ICE-BEES 2022, 9-10 August 2022, Semarang, Indonesia}, publisher={EAI}, proceedings_a={ICE-BEES}, year={2023}, month={11}, keywords={consumption food crop import soybeans self-sufficiency}, doi={10.4108/eai.9-8-2022.2338590} }- Avi Budi Setiawan
Yunastiti Purwaningsih
Agustinus Suryantoro
Ernoiz Antriyandarti
Year: 2023
Soybeans Import of Indonesia: What Makes Happen? (A Case in Indonesia)
ICE-BEES
EAI
DOI: 10.4108/eai.9-8-2022.2338590
Abstract
Soybean is one of the government's food crop commodities intended for self-sufficiency. The disparity between national soybean output and consumption resulted in a deficit, resulting in a high level of imports. The large volume of Indonesian soybean imports, which is constantly rising, must be decreased, hence the goal of this study is to examine the variables that impact soybean imports. Secondary data in the form of panel data is used in this study. In this study, quantitative analysis was used as the method of analysis. Panel data regression analysis was employed as the quantitative analysis strategy. There are three variables that have a significant influence on soybean imports in Indonesia, according to the t-test statistic with a significance level of 5%, namely Indonesia's GDP per capita, soybean import prices in America, Canada, and Malaysia, and soybean import production in America, Canada, and Malaysia. Malaysia. Based on the results of statistical testing, it is known that Indonesia's GDP per capita, soybean import prices in America, Canada, and Malaysia, and soybean production in America, Canada, and Malaysia have a significant effect on soybean imports in Indonesia. However, the per capita income of the soybean-exporting country has no significant effect on Indonesia's soybean imports. The increase in GDP per capita indicates an increase in domestic consumption which will eventually encourage soybean imports.