Covid-19 Pandemic and Volatility of Sugar Price at Regional Level in Indonesia for The Period August 2018-August 2021

نویسندگان

چکیده

It is expected that the COVID-19 pandemic provides a significant impact on food price volatility in many products including sugar. The paper aims to analyze dynamic of sugar before covid (1st August – 2nd March 2020) and during outbreak (3rd 31th 2021) all provinces Indonesia by using t-test ARCH GARCH model. Based Augmented Dickey-Fuller analysis covid, prices were stationary at “first difference”. results reveal was lower compared pandemic. According results, much more volatile Riau, Jambi, West Java, East Nusa Tenggara, Kalimantan, South Sulawesi, Central Papua. As such, government should focus reduce these provinces. Keywords: GARCH, COVID-19, prices, stationarity,

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ژورنال

عنوان ژورنال: Jurnal Manajemen & Agribisnis

سال: 2022

ISSN: ['1693-5853', '2407-2524']

DOI: https://doi.org/10.17358/jma.19.2.229