Bima Journal : Business, Management and Accounting Journal
Vol. 6 No. 2 (2025)

Impact of The Covid-19 Pandemic On Egg Market Integration And Price Transmission In Indonesia

Irawan, Andi (Unknown)



Article Info

Publish Date
30 Dec 2025

Abstract

Purpose: This study aims to examine the impact of the COVID-19 pandemic on the egg market by analyzing changes in market integration and price transmission across major producing and consuming regions in Indonesia. Methodology: The research employs a quantitative empirical approach using secondary time-series data on egg prices from eight provinces, covering pre-pandemic (July 2017–February 2020) and pandemic (March 2020–August 2021) periods. Econometric analyses were conducted using the Augmented Dickey-Fuller (ADF) test, Johansen cointegration method, and Variance Decomposition within a Vector Error Correction Model (VECM) framework to assess market integration and price transmission dynamics. Results: The findings indicate a significant decline in market integration during the COVID-19 pandemic compared to the pre-pandemic period, reflecting weaker inter-market linkages. Price transmission among regional markets also decreased, suggesting reduced efficiency in transmitting price signals during the crisis. Novelty: This study provides a comparative econometric assessment of market behavior before and during a major global health crisis. Findings: The COVID-19 pandemic disrupted the stability and efficiency of the egg market, affecting both market connectivity and price responsiveness. Originality: The originality of this research lies in its multi-regional time-series analysis focusing on essential food commodities during a pandemic context. Conclusions: Strengthening market coordination and supply chain resilience is crucial to maintaining price stability and food accessibility during future crises. Type of Paper: Empirical Quantitative Study.

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Journal Info

Abbrev

bima

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

BIMA Journal is a scientific communication media which is issued by PDM Bengkulu. It is the contribution to the development of social science, business, accounting, and economy which is divided into the English Language which contains research results, literature review, field cases, or concepts. ...