Proceedings of the International Conference on Banking, Accounting, Management, and Economics (ICOBAME 2018)

The Impact of Increased Prices of Eggs on Consumer Purchases in Klaten Regency, Central Java, Indonesia

Authors
Retno Lantarsih, Tri Anggraeni Kusumastuti
Corresponding Author
Retno Lantarsih
Available Online July 2019.
DOI
10.2991/icobame-18.2019.55How to use a DOI?
Keywords
price increases; Klaten Regency; demand, eggs
Abstract

In July 2018, the price of eggs in Klaten Regency experienced a sharp increase. The purpose of this study was to determine: (1) the effect of the increase in the eggs price on the decision to buy eggs by consumers, (2) the impact of the increased in the eggs price on the number of eggs purchased by consumers and, (3) find out the function of demand for eggs in the event of an increase in egg prices. This research is descriptive research. Determination of research location using the purposive method. Based on the sub-district area which has the most population, the researcher determined one selected sub-district as research location, namely Trucuk Sub-district. This study uses a double logarithm multiple linear regression analysis. The results showed that: (1) There were 57.5 percent of consumers decided to reduce the number of eggs when there was an increase in the price of eggs, and the remaining 52.5% decided to purchase a fixed number of eggs; (2) The increased in the eggs price has an impact on the number of purchases of eggs by consumers. The average purchased of eggs by consumers in the event of a significant increase in prices when compared to the purchase of eggs during normal conditions; (3) Factors that influence the demand for eggs in the event of an increase in egg prices include the price of eggs, the tilapia price, the number of family members, and wife's education. Meanwhile, the rice price, the chicken meat price, the price of tofu, the Tempe price, income, and the age of the wife did not influence the demand for eggs.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Conference on Banking, Accounting, Management, and Economics (ICOBAME 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
July 2019
ISBN
10.2991/icobame-18.2019.55
ISSN
2352-5428
DOI
10.2991/icobame-18.2019.55How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Retno Lantarsih
AU  - Tri Anggraeni Kusumastuti
PY  - 2019/07
DA  - 2019/07
TI  - The Impact of Increased Prices of Eggs on Consumer Purchases in Klaten Regency, Central Java, Indonesia
BT  - Proceedings of the International Conference on Banking, Accounting, Management, and Economics (ICOBAME 2018)
PB  - Atlantis Press
SP  - 256
EP  - 261
SN  - 2352-5428
UR  - https://doi.org/10.2991/icobame-18.2019.55
DO  - 10.2991/icobame-18.2019.55
ID  - Lantarsih2019/07
ER  -