scholarly journals KETAHANAN PANGAN PENDUDUK DI PULAU JAWA: PENDEKATAN VECTOR ERROR CORRECTION MODEL

2020 ◽  
Vol 4 (1) ◽  
pp. 85-95
Author(s):  
I made Yoga Prasada ◽  
Moh Wahyudi Priyanto ◽  
Yahya Shafiyuddin Hilmi
Keyword(s):  
Food Security ◽  
Error Correction ◽  
Vector Error Correction Model ◽  
Short Term ◽  
Correction Model ◽  
Vector Error Correction ◽  
Vector Error ◽  
Per Capita ◽  
Beef Prices

Food security over the past few decades has been a hot topic discussed in Indonesia. Food security can indirectly reflect the level of welfare of a household in a region. Various factors can influence the level of food security, both in the short term and in the long term. Therefore, this research was conducted with the aim to find out the factors that influence the food security of the population in the short term and in the long term. The data used in this study are secondary data sourced from the Central Bureau of Statistics (BPS) in 2008-2017, namely data on food and non-food expenditure, real per capita income, agricultural land area, real sugar prices, real beef prices, and real rice prices. The data were analyzed using the VECM (Vector Error Correction Model) model. The results showed that in the short-term the factors that influence food security are income per capita real lag 1, real sugar prices lag 1, and real beef prices lag 1, while the factors that influence food security in the long-term are per capita income 1, agricultural area lag 1, real sugar 1 lag price, real beef price lag 1, and real rice price lag 1.

scholarly journals ANALYSIS OF JAPANESE TOURIST DEMAND TO BALI USING CO-INTEGRATION TEST AND VECTOR ERROR CORRECTION MODEL

2017 ◽  
Vol 1 (2) ◽  
pp. 151
Author(s):  
Ni Luh Putu Suciptawati ◽  
M Sianipar
Keyword(s):  
Error Correction ◽  
Error Correction Model ◽  
Vector Error Correction Model ◽  
Tourism Demand ◽  
Short Term ◽  
Correction Model ◽  
Vector Error Correction ◽  
Vector Error ◽  
Integration Test

This study was aimed to figure out of the long term and short term correlation between -tourism price and tourist income to the tourism demand of Japanese to Bali. Quarterly data from 2003-2016 were analyzed by cointegration test and Vector Error Correction Model (VECM). The result showed that there were both long term and short term balance among research variables. At long term, the tourist income has a positive influence on tourism demand and on the other hand the tourism price has a negative one. Meanwhile at the short term the tourist income has a negative influence on the tourism demand.

HUBUNGAN ANTARA CONSUMPTION ABROAD (MODA 2) DENGAN COMMERCIAL PRESENCE (MODA 3) DI SEKTOR JASA PARIWISATA INDONESIA

2016 ◽  
Vol 10 (1) ◽  
pp. 45-62
Author(s):  
Muhammad Fawaiq
Keyword(s):  
Vector Error Correction Model ◽  
Short Term ◽  
Correction Model ◽  
Vector Error Correction ◽  
Vector Error ◽  
Mode 2 ◽  
Variable Mode ◽  
Causality Relationship ◽  
Mode 3

Penelitian ini bertujuan untuk menganalisis hubungan antara Moda 2 dan Moda 3 dalam perdagangan internasional di sektor jasa pariwisata. Metode penelitian yang digunakan dalam penelitian ini adalah Panel Vector Error Correction Model (VECM) Granger. Data yang digunakan adalah data kedatangan wisatawan mancanegara dan Foreign Direct Investment (FDI) jasa hotel dan restoran tahun 1997-2014 di Bali, Jakarta, Kepulauan Riau dan Sumatera Utara. Daerah-daerah ini berkontribusi sebesar 81,26% dari total kedatangan wisatawan mancanegara di Indonesia dan 68% terhadap total FDI di jasa hotel dan restoran Indonesia. Hasil penelitian menunjukkan bahwa tidak terdapat hubungan kausalitas jangka pendek antara kedua variabel tetapi terdapat hubungan jangka panjang satu arah yaitu variabel Moda 3 dipengaruhi oleh variabel Moda 2. Hasil pengujian pada gabungan antara jangka panjang dan jangka pendek menujukkan bahwa variabel Moda 3 secara kuat dipengaruhi oleh variabel Moda 2. Dengan demikian diketahui bahwa semakin banyak jumlah wisatawan mancanegara yang datang ke Indonesia maka akan mendorong meningkatnya FDI di jasa hotel dan restoran, tetapi meningkatnya FDI di jasa tersebut tidak signifikan berpengaruh terhadap masuknya jumlah wisatawan mancanegara. This paper examines the relationship between Mode 2 and Mode 3 of international trade in tourism sector. The method used is the Panel Vector Error Correction Model (VECM) Granger. The data used in this study were the number of foreign tourist arrivals and the Foreign Direct Investment (FDI) in some hotels and restaurants during 1997-2014 in Bali, Jakarta, Riau Islands and Nort Sumatera.These regions contributed for 81.26% out of the total tourist arrivals in Indonesia and 68% of the total FDI in the services of hotels and restaurants Indonesia. The results using VECM Granger demonstrated that there was no short-term causality relationship between these two variables but they had a long-term causality relationship that the Moda 3 was affected by the variable mode 2. Test results on a combination of long-term and short-term showed that the variable mode 3 was strongly influenced by variable mode 2. Thus, it is known that the more foreign tourists coming to Indonesia, the more FDI we gained from the service of hotels and restaurants, but this increase does not significantly affect the number of foreign tourists.

scholarly journals Analisis Pengaruh Kinerja Keuangan terhadap Profitabilitas Bank Syariah di Indonesia

2017 ◽  
Vol 8 (2) ◽  
pp. 175
Author(s):  
Heri Sudarsono
Keyword(s):  
Error Correction ◽  
Error Correction Model ◽  
Third Party ◽  
Vector Error Correction Model ◽  
Correction Model ◽  
Factors Affecting ◽  
Vector Error Correction ◽  
Vector Error ◽  
Long Run

<p>This study aimed to analyze the factors affecting the amount of profitability (ROA) provided by Islamic banking in Indonesia. The data which is used is taken from the financial report of the Shari’a Bank during the 2011-2016 periods by using montly financial statement This study uses a Vector Error Correction Model (VECM) to see the long-term effect and response to shock that occur in the studied variables. The result shows that in the long run, the percentage Financing (FIN) and BOPO give a positive siqnifikant effect on the ROA, while third party funds (DPK), percentage profit and loss sharing (TBH), financial to deposit ratio (FDR) has negative and siqnificant effect on the ROA. Sertifikat Bank Indonesia Syariah (SBIS) and non performing finance (NPF) have no significant effect on the ROA. In short run, ROA give a negatif and siqnificant effect on the ROA and FDR give a positif and siqnificant effect, while DPK, FIN, SBIS, TBH, NPF and BOPO have no sinificant effect on the ROA. Therfore, shocks that occur in the ROA, FIN, FDR , NPF dan BOPO positively responded by ROA and will be stable in the long term. While the shocks that occur in the percentage of FDR, SBIS and TBH responded negatively by financing and will be stable in the long term.</p><p>Penelitian ini bertujuan untuk menganalisis faktor-faktor yang memengaruhi profitabilitas (ROA) perbankan syariah di Indonesia. Data yang digunakan data bulanan dari laporan keuangan bank syariah periode 2010-2015. Penelitian ini mengunakan Vector Error Correction Model (VECM) untuk melihat dampak jangka panjang dan respon terhadap dampak shock pada setiap variabel terhadap pembiayaan. Hasil olah data menunjukkan bahwa FIN dan BOPO berhubungan positif terhadap ROA, sedangkan DPK, TBH, FDR berhubungan negatif terhadap dan ROA SBIS dan NPF tidak berpengaruh terhadap tingkat ROA. Dalam jangka pendek, ROA berhubungan negatif, tetapi FDR terhadap ROA berhubungan positif. Sedangkan DPK, FIN, SBIS, TBH, NPF and BOPO tidak berhubungan dengan pembiayaan. Di lain pihak, respon pembiayan terhadap goncangan yang terjadi terjadi pada ROA, FIN, FDR, NPF dan BOPO direspon positif oleh ROA. Sedangkan respon ROA terhadap goncangan yang terjadi pada FDR, SBIS dan TBH adalah negatif.</p>

scholarly journals Determinant of The Bitcoin Prices as Alternative Invesment in Indonesia

2020 ◽  
Vol 1 (1) ◽  
pp. 22-29
Author(s):  
Gery Andrean
Keyword(s):  
Exchange Rate ◽  
Quantitative Analysis ◽  
Composite Index ◽  
Secondary Data ◽  
Vector Error Correction Model ◽  
Short Term ◽  
Correction Model ◽  
Vector Error Correction ◽  
Vector Error

The aims of this study to know the determinant that affect bitcoin prices and how bitcoin prices response to the shock from GDP (Gross Domestic Product), inflation, exchange rate, JCI (Jakarta Composite Index. The method that was used in this research was quantitative analysis, with data analysis tools Vector Error Correction Model (VECM). Data used in this research was secondary data taken from Bank Indonesia, Bitcoincharts, and Yahoo Finance. The results of this study showed that (1) inflation in short term and in long term has negative significant effect on bitcoin prices, exchange rate in long term has positive significant effect on bitcoin price. In short term and in the long term GDP and JCI do not have significant effect on bitcoin prices (2) The results of IRF shows bitcoin prices respond negatively shock from GDP and exchange rate, while shock from inflation and JCI responded posifively by bitcoin prices.

scholarly journals Bank Syariah di Indonesia: Analisis Pengaruh Rata-Rata Tingkat Bagi Hasil Deposito dan Rata-Rata Tingkat Suku Bunga Deposito Terhadap Jumlah Deposito dan Jumlah Nasabah Deposito Periode 2009-2014

2017 ◽  
Vol 4 (2) ◽  
pp. 89
Author(s):  
Aprilia Pratiwi ◽  
Noven Suprayogi
Keyword(s):  
Error Correction ◽  
Analytical Techniques ◽  
Return Level ◽  
Islamic Banking ◽  
Vector Error Correction Model ◽  
Correction Model ◽  
Vector Error Correction ◽  
Vector Error ◽  
Independent Variable

This research aimed to determine the average profit-loss sharing level of deposit and the return level of deposit affect to total deposit and the quantity of Islamic banking customer in Indonesia, in time year 2009 until year 2014. The approach is a quantitative approach using VECM (Vector Error Correction Model) analytical techniques, to determine the effect of independent variable to dependent variable. The independent variable of this research is the average profit-loss sharing level of Islamic banking and the return level of deposit in conventional banking. While the dependent variable of this research is the total deposit and the quantity of Islamic banking customer in Indonesia. The result of this research showed that independent variable has a significant effect to total deposit in a long term, both simultaneous and partial. While in the quantity of customer, independent variable has no significant effect, both simultaneous and partial in a long term.

scholarly journals Analysis of Stock Market Integration Among ASEAN Countries by Using Vector Error Correction Model (VECM) Approach

2020 ◽  
Author(s):  
Reni Lestari
Keyword(s):  
Stock Market ◽  
Error Correction ◽  
Stock Exchange ◽  
Error Correction Model ◽  
Stock Index ◽  
Vector Error Correction Model ◽  
Correction Model ◽  
Vector Error Correction ◽  
Vector Error

Globalization has driven the economy of countries to relate to each other. It brings relationships in the capital among countries in the world, especially in ASEAN region countries. This study aimed to analyze the integration of the stock market among countries in the ASEAN region. The stock market was analyzed are the Indonesia Stock Exchange, Malaysia Stock Exchange, Singapore Stock Exchange, Thailand Stock Exchange, Vietnam Stock Exchange, and Philippine Stock Exchange. This study using the Vector Error Correction Model (VECM) as the method. The result of this study shows that, in the long term Singapore Stock Index (STI), Malaysia Stock Index (KLSE), Philippines (PSEi), and Indonesia Stock Index (JKSE) are positively correlated. This means the change of stock index price in one country will affect other related countries in the long term. In the short term of VECM estimation, found the Vietnam Stock Index (VNI), Singapore Stock Exchange (STI), Philippine (PSEi) are positively correlated and negatively correlated with Thailand Stock Exchange (SET). For the managerial implication, the result of this study is expected as a reference or basis of consideration of investment decisions. This because long-term stock market movements are important because they impact international portfolio management and risk diversification.

scholarly journals DETERMINAN TINGKAT BAGI HASIL DEPOSITO MUDHARABAH PERBANKAN SYARIAH DI INDONESIA

2020 ◽  
Vol 6 (12) ◽  
pp. 2422
Author(s):  
Huzein Satrio Prasetyawan ◽  
Imron Mawardi
Keyword(s):  
Exchange Rate ◽  
Error Correction ◽  
Profit Sharing ◽  
Rate Of Return ◽  
Vector Error Correction Model ◽  
Short Term ◽  
Return On Assets ◽  
Correction Model ◽  
Vector Error Correction ◽  
Vector Error

The purpose of this research is to analyze the effect of Return On Assets, SBIS, IPI, and Exchange Rate toward the rate of return mudharabah deposits islamic bank industries in Indonesia start from January 2012 until December 2017. This research use quantitative approach. The analysis method used in this research is Vector Error Correction Model. This research used saturation sampling, the data in this study are secondary data obtained from OJK, BI, and BPS. The results showed that Return On Assets, IPI, and Exchange Rate have a significant effect on the profit sharing rate of mudharabah deposits in the long term and have no significant effect in the short term. While the SBIS variable does not significantly influence the level of profit sharing of mudharabah deposits in the long and short term. Then the biggest influence that influenced the development of Islamic banks in Indonesia in the 2012-2017 research period was the exchange rate.Keywords : Islamic Banking, ROA, SBIS, IPI, Exchange Rate, Rate of Return Deposito Mudharabah, Vector Error Correction Model.

scholarly journals Analisis Kredit UMKM di Provinsi Aceh: Analisis Empiris Vector Error Correction Model (VECM)

2020 ◽  
Vol 4 (1) ◽  
pp. 59
Author(s):  
Hamdani Hamdani ◽  
Ismail Ismail ◽  
Thasrif Murhadi
Keyword(s):  
Interest Rates ◽  
Error Correction ◽  
Error Correction Model ◽  
Domestic Product ◽  
Vector Error Correction Model ◽  
Correction Model ◽  
Vector Error Correction ◽  
Vector Error ◽  
Aceh Province

The purpose of this study was to determine the effect of regional gross domestic product, non-performing loans, and loan interest rates on credit absorption by SMEs in Aceh province in the long term. The data used is secondary data in the form of a quarter 1st quarter 1995 to third quarter 2015. The model used in this study is a model of Vector Error Correction Model (VECM) to find out the results of short-term estimates, and using Johansen cointegration test to determine the relationship long-term between variables. The data used in this study has been tested with Augmented Dickey Fuller (ADF) to determine the stationary data. Based on this study it was found that in the long term there is a cointegration relationship between the variables studied. In the short term, the variables affecting the gross regional domestic product and has a one-way relationship with SME loans while variable interest rates have a causal relationship with SME loans in Aceh province, while the NPL variable does not have a causal relationship with SME loans. Keywords: SME Loans, Gross Domestic Product, Non Performimg Loan, Interest Rates, Vector Error Correction Model (VECM).

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