Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Prosiding Seminar Nasional Official Statistics
Usman Bustaman
BPS
Humanities Computer Science & IT Economics, Econometrics & Finance Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Pandemi Covid-19 dan Pengaruhnya pada Permintaan dan Penawaran Emas di Indonesia Edo Kurniawan; Usman Bustaman
Seminar Nasional Official Statistics Vol 2022 No 1 (2022): Seminar Nasional Official Statistics 2022
Publisher : Politeknik Statistika STIS

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (468.694 KB) | DOI: 10.34123/semnasoffstat.v2022i1.1266

Abstract

The demand for gold during the pandemic has decreased drastically compared to before the pandemic. The Large-Scale Social Restrictions (PSBB) implemented by the Indonesian government indirectly also reduced the gold supply. This study aims to analyze the effect of the Covid-19 pandemic on the demand and supply of gold in Indonesia. By using a simultaneous equation model, the effect of the Covid-19 pandemic is expressed in three structural equations, namely as an exogenous variable that affects demand (model 1) or supply (model 2) and as an endogenous variable (model 3). The estimation results using two stage least squares show that the Covid-19 pandemic has a negative effect on gold supply (in model 2) and a positive effect on gold demand (in model 3). Given the impact of the pandemic, it was found that gold investment and jewelry had a positive effect on gold demand, while gold prices, previous quarter gold prices, and growth in gold reserves had a positive effect on gold supply.
Co-Authors Edo Kurniawan