scholarly journals Analyzing the risk of entrepreneurship in tourist traffic

2018 ◽  
Vol 16 (1) ◽  
pp. 199-206 ◽  
Author(s):  
Roland Weiss ◽  
Jozef Zuzik ◽  
Erik Weiss ◽  
Slavomir Labant ◽  
Marcela Gergeľová
Keyword(s):  
Exchange Rate ◽  
Social Factors ◽  
Price Index ◽  
Consumer Price Index ◽  
Tourist Industry ◽  
Aviation Accidents ◽  
Per Capita ◽  
A Company

The contribution is aimed at developing a model of demand in tourist traffic with due regard to economic, geographical, demographical and social factors such as the GDP, Consumer Price Index, prices of trips, revenues per capita, exchange rate, etc. Important parts of this model are made up by the unpredictable negative situations that have already happened some time ago. The aim is to identify them and perform a follow-up analysis of the potential threats to a company involved in the tourist industry. Rated among those situations are terrorism, earthquakes and aviation accidents.

scholarly journals ANALISIS PENGARUH NILAI TUKAR RUPIAH PER DOLLAR AS, TINGKAT SUKU BUNGA SBI, DAN INFLASI INDEKS HARGA KONSUMEN (IHK) TERHADAP IHSG DI BEI PERIODE 2003 – 2008

2017 ◽  
Vol 15 (3) ◽  
Author(s):  
Fransisca Kurnia ◽  
Linda Santioso
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Stock Price ◽  
Price Index ◽  
Stock Exchange ◽  
Consumer Price Index ◽  
Financial Statement ◽  
Important Thing ◽  
Stock Price Index ◽  
A Company

Financial statement is an important thing for a company. The financial statement of the company can indicate the company's condition and the investors always wait it for setting their investments. The purpose of this survey is to observe whether Rupiah exchange rate per US Dollars, Interest rate of SBI and Inflation of Consumer Price Index (CPI) have influence Composite Stock Price Index at Jakarta Stock Exchange either through partial and also simultan. The result shows that variable of Interest rate of SBI and Inflation of Consumer Price Index (CPI) significantly influence on the Composite Stock Price Index. If it is analyzed simultaneously, three variables have significant influences on the Composite Stock Price Index.

scholarly journals Exchange Rate Pass Through in a Small Open Economy: A case study of West African Monetary Zone

2013 ◽  
Vol 9 (4) ◽  
pp. 275-290
Author(s):  
Rahman olanrewaju Raji
Keyword(s):  
Exchange Rate ◽  
Open Economy ◽  
Price Index ◽  
Time Series Data ◽  
Consumer Price Index ◽  
Import Price ◽  
Series Data ◽  
Import Prices ◽  
Pass Through ◽  
Exchange Rate Pass Through

The  study investigated the magnitude of exchange rate pass through to import prices and domestic prices    (consumer price index) in WAMZ economy using quarterly time-series data between 2000 and 2010 with the aids of Vector autoregressive (VAR) modeling technique supported with Johansen co-integration approach cross country analysis comprising of Gambia, Ghana, Nigeria and Sierra-Leone. The study discovered that transmission of exchange rate to import prices is more when compared with consumer price in the zone while the contributions of exchange rate to import price are not less 13 percent at average in entire zone. Consumer price index was explained by exchange rate pass through with an average of 26 percent in the zone where the pass through to consumer price is less than two percent in Ghanaian economy. The Taylor (2000) hypothesis was observed in the study where Ghana and Nigeria are the outlier economies while Nigeria established a positive relationship between interest rate volatility and exchange rate pass through to import prices.

scholarly journals Dampak Perubahan Nilai Tukar terhadap Indeks Harga Konsumen Bahan Makanan di Indonesia

2016 ◽  
Vol 17 (1) ◽  
pp. 1-14
Author(s):  
Siti Suarsih ◽  
Noer Azam Achsani ◽  
Nunung Nuryartono
Keyword(s):  
Exchange Rate ◽  
Error Correction ◽  
Price Index ◽  
Consumer Price Index ◽  
Error Variance ◽  
Correction Model ◽  
Vector Error Correction ◽  
Forecasting Error ◽  
Vector Error ◽  
Pass Through

Exchange Rate Change Effects on Indonesia’s Foodstuff Consumer Price IndexThe fluctuation in exchange rate Indonesia may have an impact on the price of imported goods both consumer goods (finished goods) and raw materials. The aim of this study is to analyze the impact of exchange rate changes on the Consumer Price Index (CPI) of foods categories and analyze the role of the exchange rate in explaining fluctuations in the CPI of food category in Indonesia. Econometric analysis using vector error correction model, indicates that the greatest degree of pass-through occurs in the consumer price index groups of milk and eggs. Contributions of exchange rate as the result of decomposition of forecasting error variance is largest in the meat category.Keywords: Exchange Rate Pass-Through; Consumer Price Index of Foodstu; Vector Error Correction ModelAbstrakPerubahan nilai tukar dapat berdampak pada harga barang-barang yang diimpor baik barang konsumsi (barang jadi) maupun bahan baku. Penelitian ini bertujuan untuk menganalisis dampak perubahan nilai tukar terhadap Indeks Harga Konsumen (IHK) kelompok bahan makanan dan menganalisis peranan nilai tukar dalam menjelaskan fluktuasi IHK bahan makanan di Indonesia. Analisa ekonometri menggunakan vector error correction model, menunjukkan bahwa derajat pass-through terbesar terjadi pada kelompok indeks harga konsumen susu dan telor. Kontribusi nilai tukar hasil decomposition of forecasting error variance terbesar terjadi pada kelompok daging.

scholarly journals Empirical analysis of the determinants of the IPCA for the period of 2000 to 2011: an approach based on a SVAR model

2017 ◽  
Vol 31 (2) ◽  
Author(s):  
Mateus Boldrine Abrita ◽  
Eliane Cristina De Araújo ◽  
Angelo Rondina Neto
Keyword(s):  
Exchange Rate ◽  
Empirical Analysis ◽  
Autoregressive Model ◽  
Price Index ◽  
Aggregate Demand ◽  
Consumer Price Index ◽  
External Factors ◽  
Level Of Activity ◽  
Svar Model

This study examines empirically the determinants of the Brazilian inflation, measured by the Broad Consumer Price Index (IPCA) and its decomposition, estimating two equations and using an autoregressive model. The database covers the period from January 2000 to December 2011. Five main groups are mentioned as the determinants of inflation: i) Aggregate Demand; ii) Aggregate Supply; iii) Exchange Rate; iv) Salaries and v) Inertia. The evidences reveals that inertia, external factors and the supply conditions overlap the demand in the determination of the Brazilian inflation. Thus, inflation shows to be little sensitive to the level of activity. 

scholarly journals Analisis Indeks Harga Konsumen di Indonesia Melalui Pendekatan Kointegrasi

2019 ◽  
Vol 4 (2) ◽  
pp. 110-118
Author(s):  
Muhamad Muin ◽  
Keyword(s):  
Exchange Rate ◽  
Empirical Study ◽  
Money Supply ◽  
Price Index ◽  
Consumer Price Index ◽  
Data Series ◽  
Short Term ◽  
Monthly Data ◽  
The Relationship

This study aims to analyze the relationship between the rupiah exchange rate (RER) and the money supply (M1) on the outgrowth of the consumer price index (CPI) in Indonesia. The data used in this study are monthly data series from January 2005 to January 2019. The results of this empirical study shows that there is a relationship between RER and M1 on CPI in the long term and there is a correction in the short term balance (ECM) which is influenced by M1. All of these variables are significant at α = 5% and partly significant at α = 1%.

ON SINGAPORE DOLLAR–U.S. DOLLAR AND PURCHASING POWER PARITY

2004 ◽  
Vol 49 (01) ◽  
pp. 71-84 ◽  
Author(s):  
VENUS KHIM-SEN LIEW ◽  
AHMAD ZUBAIDI BAHARUMSHAH ◽  
KIAN-PING LIM
Keyword(s):  
Exchange Rate ◽  
Price Index ◽  
Consumer Price Index ◽  
Smooth Transition ◽  
Adjustment Process ◽  
Economic Implications ◽  
Dollar Exchange Rate ◽  
Non Linear ◽  
Index Ratio ◽  
The Relationship

This study re-examines the validity of the relationship between the Singapore dollar–U.S. dollar exchange rate and relative prices using the latest econometric methodologies that account for non-linearity. Among others, this study finds Exponential Smooth Transition Autoregressive (ESTAR)-type non-linear mean-reverting adjustment process of the nominal Singapore dollar–U.S. dollar rate towards the consumer price index ratio. Unlike previous findings of a linear cointegration relationship between the nominal Singapore dollar–U.S. dollar exchange rate and consumer price index ratio, this study shows that the relationship is in fact non-linear in nature. The major economic implications of our findings are: (1) policy makers need to take non-linearity into consideration in their policy decisions; (2) the Monetary Authority of Singapore (MAS) is able to maintain the macroeconomic equilibrium despite the authority's strong dollar policy; and (3) one should keep track of Singapore's monetary policy and other innovations in aggregate demand in order to closely monitor the movement of the Singapore exchange rate.

scholarly journals Analysis of Effect Macro Variable on International Trade of Indonesia

2016 ◽  
Vol 6 (2) ◽  
pp. 228
Author(s):  
Evania Rahma Octavia ◽  
Dwi Wulandari
Keyword(s):  
International Trade ◽  
Exchange Rate ◽  
Interest Rates ◽  
Money Supply ◽  
Price Index ◽  
Time Series Data ◽  
Consumer Price Index ◽  
Series Data ◽  
The Exchange Rate ◽  
Macro Variables

This study aims to determine the effect of macro variables which include Indonesia's real gross domestic income, money supply, consumer price index and interest rates on international trade mediated by the exchange rate of rupiah against the dollar. This type of research is descriptive research with quantitative approach. Determination of the sample based on quarterly time series data 2010-2014. This study uses path analysis. The results showed domestic gross product, the money supply, and interest rates together  have a significant effect on the exchange rate but the consumer price index do not have significant effect on the exchange rate. The results also show that the exchange rate has no significant effect on imports and exports. 

Cluster Analysis of the Chrysalis Silk Production Provinces in China

2013 ◽  
Vol 796 ◽  
pp. 323-326
Author(s):  
Huan Wang ◽  
Ting Ting Tao ◽  
Wan Chun Fei
Keyword(s):  
Principal Components ◽  
Clustering Analysis ◽  
Structural Adjustment ◽  
Price Index ◽  
Consumer Price Index ◽  
Principal Component ◽  
Original Data ◽  
Basic Reference ◽  
Per Capita ◽  
Production Areas

In this article, the yield of mulberry cocoon, the output of raw silk, the output of silk fabric, the consumer price index, the GDP per capita and the per capita income from 1999 to 2011 were analyzed for their principal components on the major production areas of cocoon and silk in China. The principal component analysis can ensure the smallest loss of the original data, to replace the multi-variables with a few synthetic variables, to simplify the data structure, and objectively determine the weights. The distances and similarities between provincial principal components, which were regarded as multivariable time series, were analyzed and computed, and clustering analysis were carried out. The result can be used as a basic reference for the industrial configuration and structural adjustment of silk in China.

scholarly journals IMPACT OF REMITTANCES ON PRIVATE SECTOR CREDIT IN THE PACIFIC ISLAND COUNTRIES

2020 ◽  
Vol 23 ◽  
pp. 13-32 ◽  
Author(s):  
Hong Chen ◽  
Shamal Chand ◽  
Baljeet Singh
Keyword(s):  
Developing Countries ◽  
Private Sector ◽  
Price Index ◽  
Consumer Price Index ◽  
Institutional Quality ◽  
Pacific Island ◽  
Capita Gross Domestic Product ◽  
Bank Branches ◽  
The Pacific ◽  
Per Capita

We examine the effect of remittances on private sector credit in the Pacific Islandcountries (PICs) using the data from 58 developing countries from 2004 to 2016. Theanalysis provides strong evidence that the effect of remittance inflows on privatesector credit for PICs is positive and higher than that for other developing countries.In addition, the per capita gross domestic product, official development assistance,the number of bank branches, and institutional quality are also positively associatedwith private sector credit in PICs, while the Consumer Price Index is negativelyassociated with private sector credit. These results have important implications for thedevelopment of financial sector in PICs.

scholarly journals FORMATION OF COMPOSITE GLOBAL COMMODITY PRICES AS AN INFLATION INDICATOR FOR EAST JAVA

2021 ◽  
Vol 2 (2) ◽  
pp. 210-217
Author(s):  
Anisha Wirasti Cahyaningrum
Keyword(s):  
Exchange Rate ◽  
Price Index ◽  
Consumer Price Index ◽  
Relative Weight ◽  
Commodity Prices ◽  
Commodity Price ◽  
Data Availability ◽  
General Will ◽  
The Exchange Rate ◽  
The Impact

With the average contribution of imports to Gross Regional Domestic Product (GRDP) in the last five years reaching 19.1%, the dynamics of global commodity prices also influence the economic performance of East Java, including the movement of inflation. A composite indicator of global commodity prices is needed to find out the impact of changes in various global commodity prices on inflation in East Java. By adopting the Bank Indonesia methodology in forming a composite global price known as the Imported Inflation Price Index (IHIM) which has considered the method of forming a global composite price created by the IMF (IMF Commodity Price Index), the compilation of East Java global price composites also examines the accuracy of commodity selection and aspects of data availability. The selected global price composite for East Java is a composite of seven global commodities which include food (wheat, soybeans, corn and CPO) and non-food (iron, gold and oil). These are two aspects determining the relative weight, namely (I) the import portion of the total input based on the Input-Output table and (ii) the commodity weight of derivatives in the East Java Consumer Price Index (IHK) basket. Furthermore, with OLS regression, the composite of East Java global commodity prices affects the core-traded inflation movement in East Java. Thus, the composite of global commodity prices in East Java can be used as an indicator of East Java inflation projections, especially core-traded inflation. This study, in general, will also examine the effect of the exchange rate impact on the movement of core inflation, especially traded groups in East Java. Based on the regression results it is known that the impact of the exchange rate movement on core traded inflation in East Java is more significant than the effect of world commodity price movements.

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