ANALYSIS OF FACTORS INFLUENCING THE VALUE OF SOYBEAN IMPORT IN INDONESIA

Abstract

By           : Nanda Ulzanna

Advisor  : Dr. Evi Susanti Tasri SE. M.Si

                 Kasman Karimi SE. M.Si

SUMMARY

Soybean is one of the primary commodities that are widely needed as inputs to produce secondary commodities, such as; soy milk, tempeh, tofu, soy flour and others. In connection with this, soybeans have a very important role in the economy in Indonesia. The availability of soybean in the input market, lately is very likely to experience problems because of insufficient availability for the needs of the community.Currently, Indonesia is the sixth largest producer of soybeans in the world after the United States, Brazil, Argentina, China and India. However, domestic soybean production has not been able to meet the growing domestic demand from time to time well beyond the increase in domestic production. To be sufficient, the government imports. With the problem of soybean raw materials, the Government of Indonesia needs to protect the soybean farmers by one of the ways is the tariff policy which is the mechanism of market protection from the threat of import of cheap soybean import.The method used in this research is multiple linear regression analysis that aims to see the influence and relationship between dependent variable with independent variable. The data used are secondary data from 1990-2015.The result of analysis shows that gross domestic product is positive and significant to the value of soybean import in Indonesia. The result of the analysis shows that the exchange rate is positive and not significant to the value of soybean import in Indonesia. The result of the analysis shows that international price is negatively and insignificant to the value of soybean import in Indonesia. The result of the analysis shows that soybean production has positive and significant effect to the value of soybean import in Indonesia.

Keywords:

Import Value of Soybean in Indonesia, Gross Domestic Product, Exchange Rate, International Price, Soybean Production in Indonesia.