Analysis of the Effect of Cayenne Pepper Prices in East Java

DOI

10.2991/978-94-6463-522-5_6How to use a DOI?

Keywords

Cayenne Pepper; Influence; Multiple Linear Regression

Abstract

The erratic and often fluctuating price of cayenne pepper has caused many people to complain about the situation. Especially if the price increases significantly. This is because cayenne pepper is a basic necessity and cannot be separated from every Indonesian seasoning. Price changes that occur in cayenne pepper are due to various factors ranging from climate and weather, the perishable nature of chillies, seasonal production, religious factors and many others. In this study, the factors that will be examined to see the effect of changes in the price of cayenne pepper are the price of curly red chillies, the price of large red chillies, the production of cayenne pepper, and the harvest area of cayenne pepper. The data used is secondary data sourced from the Central Statistics Agency (BPS) and the Startegis Food Price Information Centre (PIHPS) with the help of multiple linear regression analysis tools and using data from 2020 to 2022. The result of multiple linear regression analysis is that the price variable of large red chillies has a negative and significant effect on the price of cayenne pepper. In addition, the variables of production and harvest area of red chilli have no effect and are not significant to price changes. Judging from the results of this study, it is hoped that the government can make policies so that the price of cayenne pepper remains stable.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Laily Rahmawati
AU  - Amelia Choya Tia Rosalia
AU  - Yozi Aulia Rahman
AU  - Phany Ineke Putri
PY  - 2024
DA  - 2024/10/04
TI  - Analysis of the Effect of Cayenne Pepper Prices in East Java
BT  - Proceedings of the International conference of Economics Business and Economics Education Science (ICE-BEES-24)
PB  - Atlantis Press
SP  - 63
EP  - 74
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-522-5_6
DO  - 10.2991/978-94-6463-522-5_6
ID  - Rahmawati2024
ER  -