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Journal : EIGEN MATHEMATICS JOURNAL

Analisis Dampak COVID 19 terhadap PDRB Provinsi Bali dengan Model Intervensi Mega Silfiani; Farida Nur Hayati; Surya Puspita Sari; Agung Prabowo
Eigen Mathematics Journal Vol. 5 No. 2 Desember 2022
Publisher : University of Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/emj.v5i2.141

Abstract

COVID 19 is a disease caused by SARS-CoV-2. This virus spread very quickly to almost all countries including Indonesia. Bali tourism has developed in such a way and contributed greatly to regional development directly or indirectly. Gross Regional Domestic Product or GRDP has an important role in increasing the economic growth of a region, where the higher the GRDP, it can be said that the economic growth is also high. This study aims to analyze the impact of COVID 19 on the GRDP of the Province of Bali using an intervention model. The data used in this study is secondary data from quarterly GRDP on the basis of current prices in the accommodation, food and drink sector. Data was collected from the first quarter of 2010 to the fourth quarter of 2021. Based on the modeling that has been carried out with the intervention model, the best model to predict the impact of COVID 19 on GRDP in Bali Province is ARIMA(0,1,0)(1,0,0)4 r=1 with SMAPE value of 8.327 and MdAPE of 0.067.
Comparison of Several Univariate Time Series Methods for Inflation Rate Forecasting Salfina, Salfina; Hernanda, Yunissa; Silfiani, Mega
Eigen Mathematics Journal Vol 7 No 2 (2024): December
Publisher : University of Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/emj.v7i2.200

Abstract

Forecasting inflation is very crucial for a country because inflation is one of indicator to measure development of the country. This study aims to evaluate the effectiveness of three univariate time series methods i.e., ARIMA (Autoregressive Integrated Moving Average), Double Exponential Smoothing (DES), and Trend Projection (TP), in forecasting Indonesia’s monthly inflation rates using data from 2018 to 2022. The analysis identifies DES as the most accurate method, evidenced by its lowest Root Mean Square Error (RMSE) value of 2.9296, outperforming ARIMA and TP, which have RMSE values of 13.1479 and 3.47053, respectively. Consequently, DES was selected as the preferred model for forecasting inflation over the next 36 month, with the forecasts indicating a consistent downward trend in inflation throughout the year. While these findings highlight DES's effectiveness, the study also acknowledges limitations, including its reliance on univariate models that do not incorporate other economic variables, and the potential limitations of the dataset’s specific time frame. To address these limitations, future research should consider multivariate models, integrate machine learning techniques, and conduct scenario analyses to improve forecast accuracy and robustness. Despite these constraints, the study provides valuable insights into inflation forecasting in Indonesia, offering a practical tool for policymakers and contributing to more informed economic decision-making.