Analysis on Indonesia’s beef import

Abstract

This research aims to analyze the effect of imported beef price, per capita in- come (GDP), and domestic beef price toward the volume of Indonesia’s beef import within the period of 1983-2014 by using Error Correction Model (ECM) analysis method. The research result shows that the variables used in this re- search have significant effect in short term, except per capita income. In long term, all of the variables have significant effect toward beef import. The con- ducted Wald test displays that restriction is invalid which means that economi- cally society’s decision in purchasing beef is influenced by inflation.