Pandemic Shock and Economic Variables Responses in ASEAN Countries Using Panel Vector Autoregressive Model

This quantitative research aims to measure the factors that affect economy in 10 ASEAN countries 2014-2020. The method used is panel vector autoregressive (PVAR). results of were divided into several tests. First, causality test shows GDP has an effect on inflation and money supply with a one-way causality. Second, PVAR significant unemployment rate at lags 1 2. follow-up test, namely IRF, shocks responded by all economic variables are greater than other variables. While VD show largest contributor variation value studied, both short long term.