Analysis of Factors that Influence the Price Index Received by Farmers in East Kalimantan

Authors

  • Muklas Rivai Lecturer of the Actuarial Science Study Program, Sumatra Institute of Technology, Indonesia Author
  • Cici Safitri Actuarial Science Study Program, Sumatra Institute of Technology, Indonesia Author
  • Lorena Uli Tara Nainggolan Actuarial Science Study Program, Sumatra Institute of Technology, Indonesia Author
  • Muhammad Dzaki Al Khawarizmi Actuarial Science Study Program, Sumatra Institute of Technology, Indonesia Author
  • Mutia Putri Apsari Actuarial Science Study Program, Sumatra Institute of Technology, Indonesia Author
  • Nadia Apriliani Actuarial Science Study Program, Sumatra Institute of Technology, Indonesia Author
  • Putri Annur Syakilla Actuarial Science Study Program, Sumatra Institute of Technology, Indonesia Author
  • Ranissa Sianturi Actuarial Science Study Program, Sumatra Institute of Technology, Indonesia Author

DOI:

https://doi.org/10.32628/IJSRSET241128

Keywords:

NTP, IT, Factors Analysis, Price Index

Abstract

The Farmer Exchange Rate (NTP) is the ratio of the price index received by farmers (It) to the price index paid by farmers (Ib). This research aims to understand the calculation of NTP and analyze the faktors influencing NTP. The study focuses on East Kalimantan Province, where in 2022, there was an increase in NTP due to a 6.34% rise in the Farmers' Received Price Index (It), while the Farmers' Paid Price Index (Ib) only increased by 1.89%. Given various faktors affecting the subsector of farmers' exchange rates in East Kalimantan, the research employs faktor analysis—a statistical tool to reduce influencing faktors to a set of indicators without significant information loss. The variables for the subsector Nilai Tukar Petani (NTP) include food crops, holticulture, smallholder plantation crops, livestock, and fisheries.

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References

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Published

28-03-2024

Issue

Section

Research Articles

How to Cite

[1]
Muklas Rivai, “Analysis of Factors that Influence the Price Index Received by Farmers in East Kalimantan”, Int J Sci Res Sci Eng Technol, vol. 11, no. 2, pp. 112–118, Mar. 2024, doi: 10.32628/IJSRSET241128.

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