Transmisi Harga Beras di Indonesia Pada Masa Pandemi Covid-19

Abstract

The pandemic Covid-19 has impacted global economy, including Indonesia. In response to dealing with the spread of Covid-19 cases, Indonesian government has imposed social restrictions which directly impacts people’s economic activities including food sector. Considering rice as the main food product for most Indonesian people, this study aimed to analyze the transmission of rice prices from the producer level to the consumer level during the Covid-19 pandemic. Price transmission describes the impact of changes in the price of an item at one market level on changes in the price of the item at another market level. The data used is daily time series data from March 2020 to March 2021. The data analyzed using the Vector Autoregressive (VAR) approach. The VAR estimation results show that producer prices and consumer prices do not affect each other. The absence of price transmission between producers and consumers may indicate that government intervention to maintain rice prices during the Covid-19 pandemic has been effective.