ANALISIS KOINTEGRASI PASAR KOMODITAS JAGUNG PADA BURSA BERJANGKA INDONESIA
| Main Authors: | , INTA ARYANINDITA, , Dr. Ir. Slamet Hartono, S.U., M.Sc. |
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| Format: | Thesis NonPeerReviewed |
| Terbitan: |
[Yogyakarta] : Universitas Gadjah Mada
, 2014
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| Subjects: | |
| Online Access: |
https://repository.ugm.ac.id/127437/ http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=67689 |
Daftar Isi:
- The purpose of this research were to determine whether the price of corn in Lampung spot market cointegrate or not with the price of corn in Chicago future market. This research used descriptive analysis method by averaging the daily price of corn in Lampung and Chicago from 2005 until 2010 were obtained from website supervisory agency of commodity trade market become monthly price of corn and used stasionary test, cointegration test, and error correction model test. The result of analysis showed that the Lampung spot market and Chicago future market are integrated with result that if the price of corn in Lampung spot market was increasing 1 point so the price of corn in Chicago future market would be increase 1.62 point. Buyer in Indonesia can use the affect of the price of corn in Lampung spot market to the price of corn in Chicago future market to predict the location of the lowest price of corn that the buyer could buy.