Impact of COVID-19 pandemic on the economy of oil palm smallholder's household income
Journal of Agribusiness in Developing and Emerging Economies
; 12(3):425-441, 2022.
Article
in English
| ProQuest Central | ID: covidwho-1922534
ABSTRACT
Purpose>This study aimed to determine the impact of the COVID-19 pandemic on the oil palm smallholders' income, which includes both on-farm and off-farm resources.Design/methodology/approach>This study used a simultaneous equations system for arranging the oil palm household economic model.Findings>The results showed that the negative effect of demand disruption (decreasing of household income) is more than supply disruption (production declining). Declining household income due to COVID-19 caused farmer households to have no access to both basic need and other goods.Research limitations/implications>The samples for before-pandemic data differed from the situation during COVID-19 in both the location and the person due to technical constraints in research sites.Originality/value>The main contribution of this study was providing an empirical understanding of how the COVID-19 pandemic influences the economic behavior of the most vulnerable entities in the Indonesian palm oil industry (oil palm smallholder farmers' households). This study would provide baseline information on the impact of the COVID-19 pandemic on the economy of oil palm smallholder's household income.
Agriculture--Agricultural Economics; COVID-19; Oil palm; The smallholder farmer; Agricultural household model; Pandemics; Palm oil; Households; Employment; Productivity; Small farms; Economic models; Farms; Agriculture; Farmers; Petroleum industry; Agricultural economics; Income; Economic activity; Medical research; Disruption; Impact analysis; Supply chains; Economic analysis; Vegetable oils; Simultaneous equations; Family income; Coronaviruses; Sumatra; Indonesia; 31122:Starch and Vegetable Fats and Oils Manufacturing
Full text:
Available
Collection:
Databases of international organizations
Database:
ProQuest Central
Type of study:
Experimental Studies
Language:
English
Journal:
Journal of Agribusiness in Developing and Emerging Economies
Year:
2022
Document Type:
Article
Similar
MEDLINE
...
LILACS
LIS