The Influence of Investment Factors, International Trade, and Agricultural Policy on Economic Growth in the Agricultural Sector: A Case Study on a Cattle Farmer in West Java

Authors

  • Arief Budi Pratomo STIE Nusa Megarkencana

DOI:

https://doi.org/10.58812/wsa.v1i01.377

Keywords:

Investment, International Trade, Agricultural Policy, Economic Growth, Cattle Farmer, West Java

Abstract

This research investigates the dynamic interplay of investment factors, international trade, and agricultural policies on the economic growth of cattle farming in West Java. Employing a quantitative approach, data from a sample of 110 cattle farmers were analyzed using regression analysis and SPSS version 26. The findings reveal significant positive relationships between investment factors, international trade, agricultural policies, and economic growth. Increased investments in infrastructure, technology, and human capital, active engagement in international trade, and supportive agricultural policies emerge as key drivers of economic prosperity within the cattle farming sector. The study contributes nuanced insights that can inform targeted interventions and policy formulations for sustainable agricultural development in West Java.

References

B. F. Johnston and J. W. Mellor, “The role of agriculture in economic development,” Am. Econ. Rev., vol. 51, no. 4, pp. 566–593, 1961.

A. Saha, P. S. Das, and B. C. Banik, “Smart green house for controlling & monitoring temperature, soil & humidity using IoT,” in 2022 2nd International Conference on Artificial Intelligence and Signal Processing (AISP), IEEE, 2022, pp. 1–4.

A. Ashurov and D. Kubaev, “Foreign experience in the development of land use for households,” in E3S Web of Conferences, EDP Sciences, 2023.

R. K. Kodali, V. Jain, and S. Karagwal, “IoT based smart greenhouse,” in 2016 IEEE region 10 humanitarian technology conference (R10-HTC), IEEE, 2016, pp. 1–6.

T. Y. Azmi, A. E. Kusumastuti, B. A. Nugroho, and E. Nugroho, “The Contribution Of The Beef Cattle Farming Sector To Household Income In The Teak Forest Area (Case Study In The Kedungadem Sub-District, Bojonegoro Regency),” Agric. Socio-Economics J., vol. 22, no. 4, pp. 339–348, 2022.

S. A. M. Habibie, “Indonesian Local Community Livestock Deposit as A Step for Joint Benefits,” Int. J. Multidiscip. Appl. Bus. Educ. Res., vol. 3, no. 11, pp. 2290–2296, 2022.

L. M. Lerma, M. F. Díaz Baca, and S. Burkart, “Public policies for the development of a sustainable cattle sector in Colombia, Argentina, and Costa Rica: A comparative analysis (2010–2020),” Front. Sustain. Food Syst., vol. 6, p. 722522, 2022.

F. Fathurohman, R. Purwasih, and N. Mukminah, “Development of Beef Cattle Agribusiness in the Rubber Plantation Farming System in the Community Livestock Center Area, West Java Indonesia,” Am. J. Aquac. Anim. Sci., vol. 1, no. 1, pp. 38–45, 2022.

N. A. Fauzi and J. Sutrisno, “Analysis Of The Relationships Of The Agricultural Sector In Economic Development In West Java Province (Input-Output Analysis).,” Eduvest J. Univers. Stud., vol. 2, no. 12, 2022.

D. B. Santoso, “Does Agroindustry Accelerate Convergence of Economic Growth in East Java?”.

M. Sobari and I. G. N. M. Jaya, “Modeling Rice Production in West Java by Means Geographically Weighted Regression,” J. Ekon. Dan Stat. Indones., vol. 2, no. 3, pp. 316–326, 2022.

T. Kurniawan and E. Kurniawan, “Policy on Utilizing Indigenous Knowledge in Critical Land Rehabilitation and Fulfillment of Sustainable Food Security in Indonesia: Regrowing ‘Talun-Kebun’ as Part of the Local Permaculture Model in West Java,” Environ. Sci. Proc., vol. 15, no. 1, p. 2, 2022.

D. Atanasov, “Socio-Economic Development Of Agriculture Based On Technological Change.,” Agric. Sci. Nauk., vol. 15, no. 37, 2023.

C. P. Timmer, “Agriculture and economic development,” Handb. Agric. Econ., vol. 2, pp. 1487–1546, 2002.

A. I. Suroso, I. Fahmi, and H. Tandra, “The role of internet on agricultural sector performance in global world,” Sustainability, vol. 14, no. 19, p. 12266, 2022.

C. Arriola, C. Cadestin, P. Kowalski, J. J. M. Guilhoto, S. Miroudot, and F. van Tongeren, “Challenges to international trade and the global economy: Recovery from COVID-19 and Russia’s war of aggression against Ukraine,” 2023.

S. O. Kramskyi, M. L. Tarakanov, and P. O. Аntonyuk, “Organizational forms of integration of agricultural markets to global value chains,” Econ. Innov., vol. 24, no. 1 (82), pp. 90–98, 2022.

S. Supendi, “Government Strategic Policy in Agricultural Development,” Transparansi J. Ilm. Ilmu Adm., vol. 5, no. 2, pp. 23–29, 2022.

L. Pronko, I. Furman, A. Kucher, and Y. Gontaruk, “Formation of a state support program for agricultural producers in Ukraine considering world experience,” J. Environ. Manag. Tour. 9,№ 1.-S. 364-379., 2020.

S. Zarate, I. Cimadori, M. S. Jones, M. M. Roca, and S. K. Barnhill-Dilling, “Assessing agricultural gene editing regulation in Latin America: an analysis of how policy windows and policy entrepreneurs shape agricultural gene editing regulatory regimes,” Front. Bioeng. Biotechnol., vol. 11, p. 1209308, 2023.

E. Azam Rahmati, H. Mohammadi, and A. Karbasi, “Investment Priorities in the Livestock and Poultry Agribusinesses Value Chains,” J. Agric. Sci. Technol., p. 0, 2022.

Y. Leng, X. Liu, and X. Wang, “Environmental regulation and high-quality agricultural development,” PLoS One, vol. 18, no. 5, p. e0285687, 2023.

O. F. Omoruyi, “Agricultural Cooperative And Rural Poverty Reduction Among Members In Ekiti State, Nigeria,” Res. J. Agric. Econ. Dev., vol. 2, no. 1, pp. 30–48, 2023.

E. T. Sari, R. Yuliastanti, and P. S. Wardhani, “Corporate social responsibility’s relationship with marketing and financial performance of agricultural companies: a case study in East Java, Indonesia,” J. Ilm. Pertan., vol. 20, no. 2, 2023.

S. Suhartina, “The Relationship Between Investment And Export Of Livestock Sector To Economic Growth In Indonesia,” in Pattimura Proceeding: Conference of Science and Technology, 2023, pp. 17–24.

E. Guga and Z. Veizi, “The Impact of Standardization of Livestock Products on the Economy of Farmers and the Local Economy,” Eur. J. Mark. Econ., vol. 6, no. 1, pp. 111–122, 2023.

X. Zhang, L. Zhang, and T. Nie, “Study on the impact of social capital on farmers’ decision-making behavior of adopting trusteeship services,” Sustainability, vol. 15, no. 6, p. 5343, 2023.

Downloads

Published

2023-11-29

How to Cite

Pratomo, A. B. (2023). The Influence of Investment Factors, International Trade, and Agricultural Policy on Economic Growth in the Agricultural Sector: A Case Study on a Cattle Farmer in West Java. West Science Agro, 1(01), 08–14. https://doi.org/10.58812/wsa.v1i01.377