| Summary: |
This research aims to analyze price
behavior, market integration, and leading
market of the shallot. This research used
producers and consumers monthly price
data during 2009-2013. Price behavior
was analyzed by coefficient of variation.
Shallot market integration was analyzed
by Engle-Granger model of co-integration.
Granger causality was used to
analyzed the leading market. The result
show that shallot price behavior at
producer and consumer market in
Nganjuk during 2009-2013 shows a
simillar movement. Shallot price trend to
be low occurs on January, June, July,
October, and trend to be high on March,
April, July. Shallot price fluctuation at
producer market is higher than consumer
market. When viewing each year high
price fluctuation occur on August and October, while the low occur on May,
June, and July. Producer and consumer market in Nganjuk already integrated
or has a long run relationship, so without intervention of the goverment,
market mechanism has been able to do a price adjustment if shallot price
upheavals. Market leading of the shallot price in Nganjuk is consumer
market.
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