The purpose of this study is to investigate the effect non-cash payment transactions on economic growth in Indonesia and see responses from supporting variables, such as velocity money price transactions. This involves a Vector Error Correction Model (VECM) analysis tool, using monthly time series data during 2009: 1 – 2017: 12. results show that instrument affects growth, especially Card-Based...

Penelitian ini bertujuan untuk mengetahui pengaruh luas lahan karet alam dan produksi terhadap ekspor di Indonesia tahun 1981-2020. menggunakan data sekunder 1981-2020 yang diperoleh dari Badan Pusat Statistik Indonesia. Metode analisis pendekatan Vector Error Correction Model (VECM). Hasil penelitian menunjukkan bahwa pada jangka pendek berpengaruh negatif Indonesia, sedangkan positif Sedangka...

Abstract This paper aims to model the joint dynamics of cryptocurrencies in a nonstationary setting. In particular, we analyze role cointegration relationships within large system vector error correction (VECM) framework. To enable analysis dynamic setting, propose COINtensity VECM, nonlinear VECM specification accounting for varying systemwide exposure. Our results show that are indeed cointeg...

Cocoa unrelentingly is a valuable crop and key foreign exchange earner in Ghana regarding other agricultural commodity exports. The focal drive of this study was to examine the impact macroeconomic variables including cocoa price bank specific characteristics on profitability during period 2010 2020. extends analysis cointegration, Vector Error Correction Model (VECM) with that impulse response...

The study investigates the impacts of COVID-19 pandemic on global oil price, food price index, meat, and sugar commodity index using vector error correction (VECM) model covering sample period 1st April 2020 to 31st August 2021. Data were collected mainly from WHO, FAO, Macro Trend Websites. result VECM indicates a strong cointegration relationship among variables. In short run, meat are negati...

We propose Time-Space Threshold Vector Error Correction (TS-TVEC) model for short term traffic state prediction. The theory of cointegration with error correction mechanism is employed in the general design of the new model TS-TVEC. An inherent connection between mathematical form of error correction model and the microscopic traffic flow theory is revealed through the transformation of the Fun...