Abstract:
The objective of research is to know about market integration of crumb rubber in Singapore and rubber market auction in Batang Hari district Jambi Province. Data that use was rubber price data market of crumb rubber Singapore and market price in market auction from January 2006 to December 2012. Data collected from Dinas Perindustrian and Perdagangan Province Jambi and KUD Berdikari rubber market auction Batang Hari district. Kuantitative data analysis was conducted from error correction model methode, contained Augmented Dickey Fuller (ADF) test, Johannsen test, Causality Granger test to know the rate of market integrated. This research also to know the elasticity price transmision between crumb rubber market Singapore and market auction rubber in Jambi Province. The research saw that of between crumb rubber market Singapore and rubber market auction Batang Hari district was integrated significantly in short term saw that change 1% rubber price in Singapore can influence rubber price change in market auction 0,85% in short term and 1,14% in long term, the ajusting time of rubber price change in Singapore to rubber price in market auction was determined change rubber price in Singapore can cause change rubber price in marker auction Province Jambi in long term need time of, two weeks, elasticity of rubber price tranmission in Singapore and rubber price in market auction Batang Hari district both in short term and long term have characteristic inelastic
