Proceedings of the 5th Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA-5 2020)

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Inflation Analysis in West Sumatera

Authors
Vione, Hasdi Aimon, Sri Ulfa Sentosa
Corresponding Author
Vione
Available Online 27 November 2020.
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/).

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Volume Title
Proceedings of the 5th Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA-5 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
27 November 2020
ISBN
10.2991/aebmr.k.201126.016
ISSN
2352-5428
DOI
10.2991/aebmr.k.201126.016How to use a DOI?
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

risenwbib
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  -