Welfare Impact of Improved Boat Modernisation Schemes (IBMS) in Pemalang Regency, Central Java, Indonesia

The overall objective of this study is to examine the welfare impact of the IBMS programme in Pemalang Regency Central Java, Indonesia. To achieve this objective, supply and demand models for fish were estimated . The simultaneous equation model consists of supply,demand,and identity equations....

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Main Author:	Susilowati, Indah
Format:	Thesis
Language:	English English
Published:	1991
Subjects:	Boats and boating - Java (Indonesia) - Case studies
Online Access:	http://psasir.upm.edu.my/id/eprint/8032/1/FEP_1991_5_A.pdf
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id	my-upm-ir.8032
record_format	uketd_dc
spelling	my-upm-ir.80322023-12-05T02:46:49Z Welfare Impact of Improved Boat Modernisation Schemes (IBMS) in Pemalang Regency, Central Java, Indonesia 1991-08 Susilowati, Indah The overall objective of this study is to examine the welfare impact of the IBMS programme in Pemalang Regency Central Java, Indonesia. To achieve this objective, supply and demand models for fish were estimated . The simultaneous equation model consists of supply,demand,and identity equations. The Two Stage Least Square (2 SLS) was utilized to estimate the model using time series quarterly data from 1976.2 to 1990.2. All the key variables in the model were found to be consistent with postulated behaviour and theoretical expectations. All variables specified in the supply model had expected signs and significant except for the fishing effort and the probability to catch fish. As expected the supply function was found to be positively related with respect to its own price. However, its price elasticity in pre-IBMS is greater (0.224) than in post-IBMS (0.126). This shows that the rate of increase in fish product ion from additional input is diminishing after IBMS as evidence to the existence of over exploitation of the resource in the study area. All of the signs of estimated parameters in the demand model were consistent with the theory except for the lagged price of fish variable. Results also showed that all of coefficient parameters were greater than half of their standard errors except for the intercept and lagged quantity demand at pre-ISMS. Furthermore, the price of substitute goods and income were found to be the major determinants of the quantity of fish demanded. The elasticity of fish demanded with respect to its own price i s greater (-0.676) at post-ISMS than a t pre-ISMS (-0.295). However, the income elasticity of demand for fish was found to be more elastic before (0.740) than after(0.580) IBMS. The welfare analysis showed that the IBMS programme was ineffective. The overall impact showed that welfare loss to the society was 142.86 percent from the original condition. The biggest loss (two-third) was incurred by consumer sand the remainder was incurred by producers. Boats and boating - Java (Indonesia) - Case studies 1991-08 Thesis http://psasir.upm.edu.my/id/eprint/8032/ http://psasir.upm.edu.my/id/eprint/8032/1/FEP_1991_5_A.pdf application/pdf en public masters Universiti Pertanian Malaysia Boats and boating - Java (Indonesia) - Case studies Faculty of Economics and Management Raja Abdullah, Nik Mustapha English
institution	Universiti Putra Malaysia
collection	PSAS Institutional Repository
language	English English
advisor	Raja Abdullah, Nik Mustapha
topic	Boats and boating - Java (Indonesia) - Case studies
spellingShingle	Boats and boating - Java (Indonesia) - Case studies Susilowati, Indah Welfare Impact of Improved Boat Modernisation Schemes (IBMS) in Pemalang Regency, Central Java, Indonesia
description	The overall objective of this study is to examine the welfare impact of the IBMS programme in Pemalang Regency Central Java, Indonesia. To achieve this objective, supply and demand models for fish were estimated . The simultaneous equation model consists of supply,demand,and identity equations. The Two Stage Least Square (2 SLS) was utilized to estimate the model using time series quarterly data from 1976.2 to 1990.2. All the key variables in the model were found to be consistent with postulated behaviour and theoretical expectations. All variables specified in the supply model had expected signs and significant except for the fishing effort and the probability to catch fish. As expected the supply function was found to be positively related with respect to its own price. However, its price elasticity in pre-IBMS is greater (0.224) than in post-IBMS (0.126). This shows that the rate of increase in fish product ion from additional input is diminishing after IBMS as evidence to the existence of over exploitation of the resource in the study area. All of the signs of estimated parameters in the demand model were consistent with the theory except for the lagged price of fish variable. Results also showed that all of coefficient parameters were greater than half of their standard errors except for the intercept and lagged quantity demand at pre-ISMS. Furthermore, the price of substitute goods and income were found to be the major determinants of the quantity of fish demanded. The elasticity of fish demanded with respect to its own price i s greater (-0.676) at post-ISMS than a t pre-ISMS (-0.295). However, the income elasticity of demand for fish was found to be more elastic before (0.740) than after(0.580) IBMS. The welfare analysis showed that the IBMS programme was ineffective. The overall impact showed that welfare loss to the society was 142.86 percent from the original condition. The biggest loss (two-third) was incurred by consumer sand the remainder was incurred by producers.
format	Thesis
qualification_level	Master's degree
author	Susilowati, Indah
author_facet	Susilowati, Indah
author_sort	Susilowati, Indah
title	Welfare Impact of Improved Boat Modernisation Schemes (IBMS) in Pemalang Regency, Central Java, Indonesia
title_short	Welfare Impact of Improved Boat Modernisation Schemes (IBMS) in Pemalang Regency, Central Java, Indonesia
title_full	Welfare Impact of Improved Boat Modernisation Schemes (IBMS) in Pemalang Regency, Central Java, Indonesia
title_fullStr	Welfare Impact of Improved Boat Modernisation Schemes (IBMS) in Pemalang Regency, Central Java, Indonesia
title_full_unstemmed	Welfare Impact of Improved Boat Modernisation Schemes (IBMS) in Pemalang Regency, Central Java, Indonesia
title_sort	welfare impact of improved boat modernisation schemes (ibms) in pemalang regency, central java, indonesia
granting_institution	Universiti Pertanian Malaysia
granting_department	Faculty of Economics and Management
publishDate	1991
url	http://psasir.upm.edu.my/id/eprint/8032/1/FEP_1991_5_A.pdf
_version_	1794018717392175104

Welfare Impact of Improved Boat Modernisation Schemes (IBMS) in Pemalang Regency, Central Java, Indonesia

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