scholarly journals ANALISIS INTEGRASI PASAR HARGA AYAM BROILER DI PROVINSI JAWA TIMUR

2012 ◽  
Vol 10 (1) ◽  
pp. 1-9
Author(s):  
Hariadi Subagja ◽  
Slamet Hartono ◽  
Krisnha Agung Santosa ◽  
Jamhari Jamhari
Keyword(s):  
Granger Causality ◽  
Market Integration ◽  
Secondary Data ◽  
Animal Husbandry ◽  
Granger Causality Test ◽  
Causality Test ◽  
The One ◽  
Survey Approach ◽  
Integration Analysis

This research is aimed to measure integration rate of broiler price and the relation of broiler price among the regions in East Java Province. This research was conducted from 2000 up to 2009 by survey approach.  The secondary data of monthly broiler price at consumer level in Jombang, Malang, Jember and Surabaya regencies published by agriculture and animal husbandry departments as well as East Java statistical bureau were used. The descriptive and market integration analysis of co-integration Johansen and Granger causality test were used.  The research showed that broiler markets in East Java were integrated and efficient. The analysis of Granger causality in the four regencies in East Java showed that the two-way causality of broiler price was pointed in Jombang-Malang, Jombang-Surabaya, Surabaya-Jember regencies respectively. Meanwhile the one-way causality was pointed in Jombang-Jember, Malang-Jember, Surabaya-Jember, and Surabaya-Malang.Key words: Broiler Price, Market integration, Causality 

A Granger Causality Analysis between the GDP and CO2 Emissions of Major Emitters and Implications for International Climate Governance

2018 ◽  
Vol 06 (01) ◽  
pp. 1850004 ◽  
Author(s):  
Mou WANG
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Granger Causality ◽  
Carbon Emissions ◽  
Granger Causality Test ◽  
Developed Countries ◽  
Causality Test ◽  
Climate Governance ◽  
International Climate ◽  
Integration Analysis

This paper empirically examines the relationship between carbon emissions and economic growth by applying the co-integration analysis and Granger causality test to the time series data of carbon emissions and gross domestic product (GDP) of the world’s top 20 emitters from 1990 to 2015. Co-integration analysis shows that there is a long-term equilibrium relationship between carbon emissions and economic growth in most countries; Granger causality test verifies a one-way causal link between carbon emissions and economic growth in most major emitters. In developed countries, economic growth is the Granger cause of carbon emissions, while the opposite is true in developing countries. The results reflect different characteristics regarding carbon emission reduction in developed and developing countries as they are at different developing stages. Carbon emission reduction exerts much greater adverse effects on the economic growth of developing countries than it does on that of developed countries. Based on the results of the Granger causal analysis, it is found that the requirements for developing countries to substantially reduce emissions are not in line with the characteristics in their current developing stage and therefore may pose obstructions. Developed countries should take the lead in carrying out emission reductions due to their accountability for historical emissions as well as their development stages and capabilities. In addition, they should aid developing countries in their efforts for transforming and upgrading development and reducing dependence of economic growth on carbon emissions. International climate governance should take into account the needs and characteristics of different countries for future development, and build a mechanism for international cooperation to achieve synergy between social economic development and global climate governance.

scholarly journals Market Integration and Price Movement of White and Brown Cowpea in Urban and Rural Markets of Gombe State, Nigeria: A Granger - Causality Approach

2019 ◽  
pp. 1-10
Author(s):  
U. K. Iroegbute ◽  
I. Mohammed ◽  
S. A. Jibril ◽  
E. F. Panwal ◽  
J. Moses
Keyword(s):  
Granger Causality ◽  
State Government ◽  
Unit Root ◽  
Market Integration ◽  
Granger Causality Test ◽  
Causality Test ◽  
Price Movement ◽  
Urban Markets ◽  
Rural And Urban ◽  
Directional Movement

The study investigated the price movement and market integration of rural and urban price of brown and white cowpea in Gombe State, Nigeria. Monthly market prices (measured in Naira per kilogram) of brown and white cowpea in the rural and urban markets from January 2009 to December 2014. The data was obtained from the Gombe State Agricultural Development Programme (GSADP). Augmented Dickey Fuller test was used to detect for the presence of unit root in the series. The Granger causality test was used to test the direction of influence between prices.The descriptive statistics shows that the average price of rural brown cowpea was ₦109.88k, rural price of white was ₦95.71k, urban price of brown was ₦ 123.18k while urban price of white was ₦ 110. Unit root test indicated that the prices were stationary at level I(0) and first difference I(1). The Johansen co- integration analysis was used to test for the relationship between markets price and the results indicated that the rural and urban markets price were co- integrated. Pair-wise granger causality test indicated a bi-directional movement between the urban price of brown and urban price of white and a uni-directional movement between rural price of white cowpea and rural price of brown cowpea. There is need for the State government to establish market information centers and information centre of the GSADP should facilitate efficient communication and flow of information concerning prices of agricultural products using the mass media and social media.

scholarly journals INTEGRASI PASAR MINYAK SAWIT INDONESIA DAN DUNIA

Agro Ekonomi ◽  
2010 ◽  
Vol 17 (1) ◽  
Author(s):  
Septika Arifianti ◽  
Dwidjono Hadi Darwanto ◽  
Slamet Hartono
Keyword(s):  
Granger Causality ◽  
World Bank ◽  
Market Integration ◽  
Granger Causality Test ◽  
World Market ◽  
Government Policies ◽  
Causality Test ◽  
Oil Market ◽  
Monitoring Behavior ◽  
Petroleum Oil

This research was aimed: (1) to measure market intionegration of minyak sawit in the various Indonesia, Malaysia dan Rotterdam; (2) to measure the integration between minyak sawit markets and the substitution markets of minyak sawit ( world market of soybean oil, world market of sunflower oil, world market pf rapesseed oil); and (3) to analyze the leading market of minyak sawit. This research was basd on monthly orice data from 1999 t 2008, taken from World Bank. Market integration was analyzed by using Eagle and Granger model of c-integration. Granger causality test was used to measure the  leading market. The result showed that Indonesian minyak sawit market is integrated strongly with minyak sawit market in Malaysia and Rotterdam. Malaysian minyak sawit market isintegrated weakly with Rotterdam minyak sawit market. The analysis of co-integration showed that there were integration  between minyak sawit market and substitution markets of minyak sawit. Minyak sawit market also is integrated with the petroleum oil market. Granger causality test showed that Malaysian minyak sawit market was leading to other minyak sawit market. The last, this research suggested that increasing quality control, monitoring behavior of minyak sawit price in the Malaysia and Rotterdam market, and supporting government policies might be needed to increase Indonesian minyak sawit price.

scholarly journals Global Financial Crisis and Islamic Capital Market Integration among 5-ASEAN Countries

2015 ◽  
Vol 2 (3) ◽  
pp. 207
Author(s):  
Ibnu Qizam ◽  
Abdul Qoyum ◽  
Misnen Ardiansyah
Keyword(s):  
Granger Causality ◽  
Capital Markets ◽  
Capital Market ◽  
Market Integration ◽  
Global Financial Crisis ◽  
Granger Causality Test ◽  
Causality Test ◽  
Long Run ◽  
Integration Test ◽  
Asean Countries

Islamic Capital Market is important part of Financial System in ASEAN countries especially in the context of AEC. The objective of this paper is to investigate interconnection long run equilibrium of Islamic Capital Market in ASEAN Countries. Using daily closing price for from September 2007 to October 2012, this study examine five Islamic Capital markets in ASEAN namely Indonesia, Malaysia, Philippines, Singapore and Thailand. This study examines on Integration among these Islamic Capital markets by relies a simple correlation test, Granger causality test and co-integration test using error correction model. This research documents some interesting finding. First, Using Johansen estimation technique, there is co-integration between the considered Islamic indices namely; Indonesia, Malaysia, Philippines, Singapore and Thailand. Second, Since the co-integration exists, granger causality test shows that there is three bi-directional causalities namely; between Malaysia Islamic Capital Market and Singapore Islamic Capital Market; between Thailand Islamic Capital Market and Singapore Islamic Capital Market; and between Singapore Islamic Capital Market and Philippines Islamic Capital Market. However, there is a unidirectional between Indonesia Islamic Market (MCIINA) and Malaysia Islamic Market (MCIMY), MCIINA and Philippines Islamic Market (MCIPhil), MCIINA and Thailand Islamic Market (MCITHAI), it implies that MCIINA affects MCIMY, MCIPhil, and MCIThai but not vice versa. Third, based on VECM suggest that all Islamic indexes are inter-related in the long run that can be explained due to the similarity of structure bring about by its stock as required by shariah in the process stock screening.

scholarly journals NILAI TUKAR RUPIAH DAN NET EKSPOR INDONESIA 2000 – 2017 (GRANGER CAUSALITY TEST)

2020 ◽  
Vol 1 (1) ◽  
pp. 9-24
Author(s):  
Try Beta Anggraini ◽  
Yefriza Yefriza
Keyword(s):  
Exchange Rate ◽  
Granger Causality ◽  
Time Series Data ◽  
Secondary Data ◽  
Granger Causality Test ◽  
Series Data ◽  
Causality Test ◽  
Augmented Dickey Fuller ◽  
Net Export ◽  
Adf Test

The aims of this research is to find out the relationship of rupiah exchange rate and net export Indonesia. This research covers the periode for 2000.Q1-2017.Q4, used secondary data which were analyzed using Granger Causality Test and Augmented Dickey Fuller (ADF) and existing data processed by using computer program of Eviews 9.0. The stationary properties of the time series data are examined by using Augmented Dickey-Fuller (ADF) test. Granger Causality test is applied to find out long-run relationship along with causality among the variables. The result of the data analysis show that there is no causality between rupiah exchange rate and net xport. Granger Causality test showed that there is unidirectional causality between net export to rupiah exchange rate. It is mean that net export  effect rupiah exchange rate, but rupiah exchange rate does not effect net export. Keywords: Causality, Net Export, Exchange Rate

scholarly journals Pengaruh Tingkat Suku Bunga Sertfikat Bank Indonesia Terhadap Perubahan Nilai Tukar (Kurs) Rupiah Atas Dolar Amerika: Granger Causalitas Test

2010 ◽  
Vol 3 (1) ◽  
Author(s):  
Ferdinandus Stenly
Keyword(s):  
Exchange Rate ◽  
Granger Causality ◽  
Secondary Data ◽  
Granger Causality Test ◽  
Negative Influence ◽  
Least Square ◽  
Causality Test ◽  
Ordinary Least Square ◽  
Exchange Rate Movement ◽  
Relationship Analysis

The Bank of Indonesia Certificate is one of monetary instruments that used by government to influence IDR Exchange Rate Movement Over USD. The purpose this research is to obtain the describe more detailed about influence Certificate Bank of Indonesia toward an IDR Exchange Rate Movement Over USD which try to give an information in a common manner to be concerned outsider espacially relate to government policy. This research using the secondary data with limit that analysis during 20 months that are from November 2005 to June 2007. In compile this thesis, the author carry out the causality relationship analysis (causality) with Granger Causality Test (GCT) and relationship closeness analysis which using Ordinary Least Square (OLS) regresion analysis. The Granger Causality Test (GCT) analysis result explains that from analysis result obtained as model considered valid is the rate interest of SBI has influence toward an IDR Exchange Rate Movement over USD. This was proved on GCT test too much significant for Y = f (x) and not on contary X = f (y). The analysis result of Ordinary Least Square (OLS) was obtained Ftest (2,18) is 266,081 > Ftable 6,01. This means as variable an independent influence variable dependent. Beside that was obtained ttest 16,312 > ttable 2,21009 that mean the rate interest level of SBI has the influence signicant toward an IDR Exchange Rate Movement Over USD. Because the Certificate of Bank of Indonesia has negative influence towards IDR Exchange Rate Movement Over USD, the author suggests the Indonesia Government to defend and to optimalyze the existing instrument, so that the monetary condition is more controlled and the stability can be maintained.

scholarly journals An Empirical Study on Export, Import and Economic Growth in Bhutan

2019 ◽  
Author(s):  
Shibli A. Khan ◽  
Gazi Salah Uddin ◽  
Md. Mahmudul Alam
Keyword(s):  
Granger Causality ◽  
Granger Causality Test ◽  
Annual Data ◽  
Causality Test ◽  
Long Run ◽  
Equilibrium Relationship ◽  
Causal Nexus ◽  
Stochastic Properties ◽  
Casual Relationship ◽  
Integration Analysis

This paper focuses on the casual relationship between export, import and Gross Domestic Product (GDP) for Bhutan using annual data from 1980 to 2005. The Granger causality test and Co-integration Models are employed taking care of stochastic properties of the variables. The co-integration analysis suggests that there is a long-run equilibrium relationship. The results of Granger causality test shows that there is a causal relationship between the examined variables. The causal nexus is unidirectional from export to import and GDP, and GDP to import only. Here export led growth is empirically proven in Bhutan.

scholarly journals “RELATIONSHIP AMONG EXPORT, IMPORT AND ECONOMIC GROWTH: USING CO-INTEGRATION ANALYSIS”

2021 ◽  
Vol 58 (1) ◽  
pp. 5126-5134
Author(s):  
Basel J. A. Ali, Hafnida Hasan, Mohammad Salem Oudat
Keyword(s):  
Economic Growth ◽  
Granger Causality ◽  
Granger Causality Test ◽  
Developed Countries ◽  
Causality Test ◽  
Key Factor ◽  
Using Data ◽  
The Relationship ◽  
Integration Analysis

Export is one of key factor on the sustainability of economic growth either in developing or developed countries. This issue attracted researchers to examine the relationship between export and economic growth in Bahrain by using data from 1986 until 2018. Johansen co-integration and Granger causality is conducted for data analyze. The finding reveals that the co-integration between all variables are existence at 5% significant level. For granger causality test, found that there is no causality exists between export, import and capital with and economic growth. Therefore, this finding will contribute to government in making policy to control the export for avoid unsustainable of economic growth. The findings indicate that the inconclusive effects of previous empiric research on export, import and capital and economic growth have not been finalized

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