Price Volatility Analysis of Red and Cayenne Pepper of Java Islands during Covid-19 Pandemic

نویسندگان

چکیده

One of the food crops that is considered an essential commodity in Indonesia and has economic value chilli. Chilli consumption continues to increase, especially red chilli cayenne pepper, but since Covid-19 Pandemic, decreased. Red pepper are commodities whose production seasonal, easily damaged, uneven throughout Indonesia. The pandemic was first on island Java, which shook supply agricultural products caused colossal price fluctuations market. Since implementation large-scale restrictions Indonesia, it a hampering product distribution between regions. Fluctuations chili often impact high contribution inflation. Therefore, this study aims analyze volatility Java Island Island. analysis method used ARCH GARCH modelling measure volatility. results showed high. In contrast, low.

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ژورنال

عنوان ژورنال: Journal of economics, finance and accounting studies

سال: 2022

ISSN: ['2709-0809']

DOI: https://doi.org/10.32996/jefas.2022.4.4.2