Variance : Journal of Statistics and Its Applications
Vol 7 No 2 (2025): VARIANCE: Journal of Statistics and Its Applications

ECONOMIC PROJECTION OF BALIKPAPAN AS A BUFFERING CITY FOR INDONESIA’S NEW CAPITAL

Silfiani, Mega (Unknown)
Fitriani, Yustina (Unknown)



Article Info

Publish Date
30 Nov 2025

Abstract

As part of Indonesia’s capital relocation plan to East Kalimantan, Balikpapan plays a critical role as a supporting city, facing opportunities and challenges in infrastructure, economic stability, and public services. This study forecasts two key economic indicators: monthly inflation and annual Gross Regional Domestic Product (GRDP), using Error, Trend, Seasonal (ETS) and Autoregressive Integrated Moving Average (ARIMA) methods. For monthly inflation, the SARIMA(0,1,1)(1,0,0)12 model outperforms ETS(A,N,N) with a lower RMSE, providing higher accuracy in capturing inflation dynamics. For annual GRDP, both ETS(A,N,N) and ARIMA(0,0,0) yield similar accuracy, with ARIMA slightly better. These findings support data-driven planning to maintain price stability and foster economic growth. Accurate projections ensure Balikpapan’s readiness as a sustainable, resilient city, aligning with SDG 8 (Economic Growth) and SDG 11 (Sustainable Cities and Communities).

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Journal Info

Abbrev

variance

Publisher

Subject

Mathematics

Description

Jurnal ini diterbitkan oleh Program Studi Statistik Fakultas Matematika dan Ilmu Pengetahuan Alam, Universitas Pattimura, Ambon. Jurnal ini diterbitkan 2 kali pada bulan Juni dan ...