The Composite Stock Price Index (CSPI) is one indicator to determine economic growth. formed by counting the stocks listed on Indonesia Exchange (IDX). Macroeconomic conditions can influence movement of CSPI in a country. indicators that affect include inflation, exchange rates, and interest rates represented BI rate. This study aimed how much selected macroeconomic had forecast. uses Vector Er...

We study a large-dimensional Dynamic Factor Model where: (i) the vector of factors F t is I ( 1 ) and driven by number shocks that smaller than dimension ; and, (ii) idiosyncratic components are either or 0 . Under (i), cointegrated can be modeled as Vector Error Correction (VECM). (ii), we provide consistent estimators, both cross-sectional size n time T go to infinity, for factors, loadings, ...

This study examines the relationship between renewable energy consumption, poverty alleviation and economic growth in South Africa. The paper applies Autoregressive distributed lag (ARDL) model to examine long run Vector Error Correction Model (VECM) determine direction of causality variables. Quarterly data is used for period 1990 – 2018. findings established a presence poverty, growth, financ...

We study a large-dimensional Dynamic Factor Model where: (i) the vector of factors F t is I ( 1 ) and driven by number shocks that smaller than dimension ; and, (ii) idiosyncratic components are either or 0 . Under (i), cointegrated can be modeled as Vector Error Correction (VECM). (ii), we provide consistent estimators, both cross-sectional size n time T go to infinity, for factors, loadings, ...

This research aimed to determine the simultaneous and partial impact before during occurrence of COVID-19 on movement rupiah exchange rates Joint Stock Price Index (IHSG), both in long short term. A descriptive quantitative approach was used while data were collected through documentation. Moreover, analytical method Paired Sample t-test Vector Error Correction Model (VECM). The results indicat...

With the development of Shanghai's social economy and continuous transformation three major industries, energy structure will also undergo corresponding changes. In order to study proportion electricity in consumption future, this paper predicts electric non-electric Shanghai based on Vector Error Correction Model (VECM), analyses impulse response analysis variance. The result experiment shows ...

Penelitian ini dilakukan guna menganalisis mengenai pengaruh inflasi, Produk Domestik Bruto (PDB) dan kurs bagi impor Indonesia. Variabel dependen yang dipakai yakni impor, sementara variabel independen berupa PDB kurs. memakai data time series tahunan dari tahun 1985 sampai 2020 berasal Badan Pusat Statistik. Alat estimasi pada penelitian yaitu Vector Error Correction Model (VECM). Estimasi me...

The inflow of foreign remittances in Pakistan has been an important source of foreign exchange in Pakistan while economy of Pakistan being a consumption oriented society /economy makes it interesting to explore the nexus between foreign remittances and inflation in Pakistan. For this purpose, the present study attempts to examine the impact of foreign remittances on inflation in Pakistan coveri...