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All Journal Diophantine Journal of Mathematics and Its Applications
Enjelina, Tiara
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Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Engineering Industrial & Manufacturing Engineering

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Perbandingan Model VECN dan ECM dalam Menganalisis Hubungan antara Inflasi dan Indeks Harga Konsumen Bulanan di Kota Bengkulu (2018-2022) Pahlepi, Reza; Yanti, Rizki Dwi; Enjelina, Tiara; Aghnia, Haliza; Hidayati, Nurul
Diophantine Journal of Mathematics and Its Applications Vol. 2 No. 2 (2023)
Publisher : UNIB Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33369/diophantine.v2i2.32044

Abstract

This study compares the effectiveness of Vector Error Correction Model (VECM) and Error Correction Model (ECM) in the context of inflation and consumer price index. The focus of the analysis is on variables that have a long-run relationship even though they are not individually stationary. The VECM model produces . Meanwhile, the ECM Model shows (long-term) and (INFLASI(IHK(Short-term). The results show that VECM is suitable for understanding the short-run and long-run linkages between the variables, while ECM provides more specific insights on the direct effects and long-run equilibrium. A combination or adjustment of the two can provide a comprehensive understanding of the relationship between the variables.
Co-Authors Aghnia, Haliza Nurul Hidayati Reza Pahlepi, Reza Yanti, Rizki Dwi