Inflation Analysis in West Sumatera
- DOI
- 10.2991/aebmr.k.201126.016How to use a DOI?
- Keywords
- inflation, supply, demand
- Abstract
This study aims to analyze and determine the effect of chili prices, rice prices, onion prices, household fuel prices, per capita income, consumption and the money supply to inflation in West Sumatra both partially and jointly. Then, the study also wants to find out which factors are the most dominant influencing inflation in West Sumatra, whether in terms of supply or demand side. All variable data in this study began in the first quarter of 2008 - fourth quarter of 2018 with a total of 44 data (N). The analytical methods are Error Correction Mechanism (ECM) and Ordinary Least Square (OLS). The results of this study concluded that 1) Change chili prices, rice prices, onion prices, and fuel prices significant effect on change inflation in West Sumatra. 2)Change per capita income, consumption, and the money supplysignificant and positive effect on change inflation in West Sumatra.The policies that can be suggested from the results of this study are the West Sumatra Regional Government and related staff must be able to maintain the availability, distribution and prices of basic necessities in West Sumatra because if this is disrupted it will have an impact on rising inflation in West Sumatra. Then, Government The West Sumatra Region and Bank Indonesia must be able to maintain the speed of the money supply.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Vione AU - Hasdi Aimon AU - Sri Ulfa Sentosa PY - 2020 DA - 2020/11/27 TI - Inflation Analysis in West Sumatera BT - Proceedings of the 5th Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA-5 2020) PB - Atlantis Press SP - 127 EP - 135 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.201126.016 DO - 10.2991/aebmr.k.201126.016 ID - 2020 ER -