scholarly journals Integrasi Pasar dan Pembentukan Harga Cabai Merah di Indonesia

2018 ◽  
Vol 36 (1) ◽  
pp. 39 ◽  
Author(s):  
Reni Kustiari ◽  
Wahyuning Kusuma Sejati ◽  
Riva Yulmahera
Keyword(s):  
Market Integration ◽  
Decomposition Analysis ◽  
Variance Decomposition ◽  
Test Results ◽  
Causality Test ◽  
Integration Model ◽  
Consumer Prices ◽  
Price Leader ◽  
Producer Prices ◽  
Variance Decomposition Analysis

<strong>English</strong><br />Red chili is one of the essential horticultural commodities because it is the main cooking spice for the Indonesian people. This paper discusses the integration of the red chili market in Indonesia using monthly price data for the period 2011-2016. Market integration is analyzed using Johansen cointegration models. The Engle-Granger (EG) causality test results show that producer prices and wholesale prices affect consumer prices, there is a one-way causal relationship. Therefore, the causality approach accepts the Law of One Price (LOP) hypothesis of red chili price. The results of the co-integration model show that the market for red chili is well integrated. Furthermore, variance decomposition analysis shows that Medan is the market leader for chili in Indonesia.<br /><br /><br /><strong>Indonesian</strong><br />Cabai merah adalah salah satu komoditas hortikultura yang penting karena merupakan bumbu masak utama bagi masyarakat Indonesia. Makalah ini membahas integrasi pasar cabai merah di Indonesia dengan menggunakan data harga bulanan periode 2011-2016. Integrasi pasar dianalisis dengan menggunakan Johansen kointegrasi model. Hasil uji kausalitas Engle-Granger (EG) menunjukkan bahwa harga produsen dan harga grosir  mempengaruhi harga konsumen, ada hubungan kausal satu cara. Oleh karena itu, pendekatan kausalitas menerima hipotesis Hukum Satu Harga (LOP) komoditas cabai merah. Hasil dari model co-integration menunjukkan bahwa pasar cabai merah terintegrasi dengan baik. Selanjutnya, analisis variance decomposition menunjukkan bahwa Medan adalah pasar acuan (price leader) untuk harga cabai di indonesia.

The Linkage between Chittagong Stock Market and Dhaka Stock Market

2021 ◽  
Vol 1 (1) ◽  
Author(s):  
Muhammad Shahidullah Tasfiq ◽  
◽  
Nasrin Jahan
Keyword(s):  
Stock Market ◽  
Stock Markets ◽  
Stock Price ◽  
Impulse Response Function ◽  
Decomposition Analysis ◽  
Variance Decomposition ◽  
Causality Test ◽  
Long Run ◽  
Short Run ◽  
Variance Decomposition Analysis

This paper aims at determining the relationship between the two domestic stock markets of Bangladesh – the Chittagong Stock Market (CSE) and the Dhaka Stock Market (DSE). The daily stock price indices that represent the performance of the two stock markets are collected. In order to find out the interdependent relationship, the Engle-Granger Cointegration test, Granger Causality test, Impulse Response Function, and Variance Decomposition Analysis are employed in this paper. The main finding of this study is that both the stock markets are related in the long run. However, there is a one-way short-run effect from the DSE on the CSE market. The CSE market quickly responds to the shock in the DSE market. But, the DSE market is not responsive to the CSE market. The variance decomposition analysis shows that most of the shocks in the CSE market are explained by its own market. On the other hand, a small number of shocks in the DSE market are explained by the CSE market as well as its own market.

scholarly journals Correlates and variance decomposition analysis of heparin dosing for maintenance hemodialysis in older US patients

2014 ◽  
Vol 23 (5) ◽  
pp. 515-525 ◽  
Author(s):  
Jenny I. Shen ◽  
Maria E. Montez-Rath ◽  
Aya A. Mitani ◽  
Kevin F. Erickson ◽  
Wolfgang C. Winkelmayer
Keyword(s):  
Decomposition Analysis ◽  
Variance Decomposition ◽  
Maintenance Hemodialysis ◽  
Variance Decomposition Analysis

THE RELATIVE CONTRIBUTIONS OF DOMESTIC AND FOREIGN DIRECT INVESTMENTS AND EXPORTS TO MALAYSIA'S ECONOMIC GROWTH

2015 ◽  
Vol 60 (02) ◽  
pp. 1550011 ◽  
Author(s):  
CHOR FOON TANG ◽  
EU CHYE TAN
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Positive Impact ◽  
Empirical Studies ◽  
Decomposition Analysis ◽  
Variance Decomposition ◽  
Growth Effect ◽  
Foreign Direct Investments ◽  
Causality Test

The objective of this study is to assess the roles of domestic direct investment, foreign direct investment and exports as catalysts of Malaysia's economic growth using cointegration and Granger causality test techniques. To address the dynamics in the growth relationships, the study also performs time-varying regression and variance decomposition analyses. It covers the quarterly sample period from 1991:Q1 to 2010:Q2. The econometric results suggest that all the three variables have a positive impact on economic growth and thus are catalytic to economic growth. However, the growth effect of domestic direct investment is more stable than that of the other two growth determinants. Contrary to earlier empirical studies, the variance decomposition analysis herein reveals that domestic direct investment is the most important determinant of growth in the long-run (L-R) compared to exports and foreign direct investment.

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