期刊名称:Journal of Economics and Sustainable Development
印刷版ISSN:2222-2855
电子版ISSN:2222-2855
出版年度:2021
卷号:12
期号:6
页码:52-61
DOI:10.7176/JESD/12-6-06
出版社:The International Institute for Science, Technology and Education (IISTE)
摘要:Agricultural commodities financing based on warehouse receipt system is empirically beneficial to support rural agricultural businesses. However, the success of the system is influenced by a number of factors. The objective of this study is to characterize the factors of the warehouse receipt financing system where it is implemented in agricultural commodity in Indonesia. The research was conducted by means of a survey that collected data from respondents with knowledge of or experience on financing of commodities such as coffee, pepper, rice and maize. Partial Least Squares-Structural Equation Modeling (PLS-SEM) was used as the analysis model. The research results indicate that the warehouse receipt financing system suitable for development in Indonesia is characterized by social and commercial value. The product value must be supported by product attributes to ensure the availability, acceptability, accessibility, affordability and supply of information to provide awareness and trust in accordance with the values built in the financing product. This study can also prove that adding adaptability to product variables increases market acceptance.
关键词:Agricultural Commodities; Structured Financing; Warehouse Receipt System