DETERMINANTS OF SOYBEAN IMPORT IN INDONESIA

Muhammad Firdaus

Abstract


Soybean is the third strategic commodity after rice and maize. Since 1975, Indonesia was not able to meet the needs of soy, so it must import. This study aims to determine the factors that affect the import of soybean in Indonesia. This study uses secondary data (time series data) for 38 years. Data were analyzed using multiple linear regression, involving one dependent variable (Indonesia Soybean Imports) and five independent variables (Indonesia Soybean Production, Indonesia Soybean Demand, Indonesia Price Soybean Imports, Rupiah Exchange Rate to Dollar, and Lag of Indonesian Soybean Imports). The results showed: (1) Only Indonesia Soybean Production and Indonesia Soybean Demand significantly affect Indonesia Soybean Imports. While, Indonesia Price Soybean Imports, Exchange Rate Indonesia to Dollar, and Lag of Indonesian Soybean Imports was not significant. (2) Indonesia Soybean Demand dominant influence Indonesia Soybean Imports. Suggested suggestion are: 1) The Government of Indonesia through the Ministry of Agriculture should have to try to help improve soybean production in the country. 2) The Government of Indonesia through the Ministry of Commerce should import soybeans only at certain times (scheduled).

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