ECONOMIC JOURNAL OF EMERGING MARKETS : Analyzing volatility of rice price in Indonesia using ARCH/GARCH model
This research aims to to analyze and to study the implication of the volatility of deflated retail price of rice in out of Java which are represented by three markets in Indonesia, namely Medan, Makassar, and Banjarmasin. The period of observation is from January 1984 to August 2011. The better...
| Main Author: | Ahmad Muslim |
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| Format: | Jurnal |
| Language: | Bahasa Inggris |
| Published: |
Fak. Ekonomi UII
2014
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| Subjects: | |
| Online Access: |
http://oaipmh-jogjalib.umy.ac.idkatalog.php?opo=lihatDetilKatalog&id=82392 |
| Summary: |
This research aims to to analyze and to study the implication of the volatility
of deflated retail price of rice in out of Java which are represented by
three markets in Indonesia, namely Medan, Makassar, and Banjarmasin.
The period of observation is from January 1984 to August 2011. The better
model in this study is Generalized Autoregressive Conditional Heteroskedasticity
(GARCH). The result of the study shows that the change of rice
price in all three markets was caused mainly by seasons and yearly routine
cycles. In addition, at the reformation era and at economic crisis, the rice
prices were more volatile. |
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| Physical Description: |
1-12 |
| ISBN: |
ISBN:ISSN 2086-3128 |