Analysis of Harvest Area, Productivity, and Fertilizer Prices on Farmer Exchange Rate of Rice Food Crop Sub-Sector in Bengkulu Province

Septia Nur Cahyani; Bambang Agoes Hermanto; Dien Ajeng Fauziah

doi:10.55927/ijems.v2i2.9059

Authors

Septia Nur Cahyani Department of Economic Development, Faculty of Economics and Business, University of Bengkulu
Bambang Agoes Hermanto Department of Economic Development, Faculty of Economics and Business, University of Bengkulu
Dien Ajeng Fauziah Department of Accounting, Faculty of Economics and Business, University of Bhayangkara Surabaya

DOI:

https://doi.org/10.55927/ijems.v2i2.9059

Keywords:

Harvest Area, Productivity, Fertilizer Price, Farmer Exchange Rate

Abstract

This study examines the relationship between harvest area, productivity, and fertilizer prices on the farmer exchange rate of the rice food crop sub-sector in Bengkulu Province. This research is an explanatory research study with secondary data consists of monthly data from 2018 to 2022, resulting in a total of 60 observations. A multiple linear regression analysis was conducted using the OLS analysis model with Eviews 9. The results of the study indicate that the harvest area has a negative and insignificant effect on the farmer's exchange rate. Furthermore, the productivity of rice yield has a negative and significant effect on the farmer's exchange rate. This suggests that the lower the agricultural productivity, the more significant the farmer exchange rate. With regard to fertilizer prices, the results indicate a positive and significant impact on the farmer exchange rate. This implies that an increase in fertilizer prices leads to a corresponding increase in the farmer exchange rate

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