Assessing Fishery Households Welfare in Indonesia: Panel Spatial Durbin Model Approach

AbstractThe welfare of fishermen, indicated by the value of NTN, is the government's focus in supporting economic growth and national development. The NTN or Nilai Tukar Nelayan (Fihermen Exchange Rate), is estimated based on the prices of goods and services in terms of production, costs and household consumption.. On the other hand, the government needs to recognize how macroeconomic assumptions affect the welfare of fishermen in Indonesia as a basis for budget planning and national development programs. Therefore, this study is aimed at- comprehensively analyzing the welfare of fishermen in Indonesia using a spatial Durbin panel model approach. Provincial (spasial) secondary data from 2020–2022 involving variables of Fishermen's Exchange Rates, Human Development, Population Density, inflation, agricultural sector labor, and average daily wages are used for thi study.. From the results of selecting the best model human capital (IPM) and inflation have a significant positive effect on fishery household welfare in Indonesia, while other factors are not... Further goverment interventions are further required especially to improve fishermen skill and inovations, development disparities as well as inflation controls.