TY - GEN
T1 - The impact of the covid-19 pandemic and Joe Biden's winning speech to IDX composite using multi input intervention analysis
AU - Novita, Maria
AU - Irhamah, Irhamah
N1 - Publisher Copyright:
© 2022 American Institute of Physics Inc.. All rights reserved.
PY - 2022/10/11
Y1 - 2022/10/11
N2 - The world was shocked by the emergence of a new type of virus, namely Covid-19. 2020 March 2nd, President Joko Widodo announced two positive Covid-19 patients as the first cases of Covid-19 in Indonesia. The Covid-19 pandemic and the Large-Scale Social Restrictions (LSSR) carried out by the government harmed economic growth. The value of the IDX fell from 6000's to 4,000's after the first Covid-19 case in Indonesia. The IDX indicates an increasing trend when Joe Biden made his victory speech on 2020 November 7th. Intervention analysis is used to evaluate the effect of the Covid-19 pandemic, LSSR and Joe Biden's victory speech on the IDX using the daily closing data from April 2019 to December 2020. The results of the intervention analysis obtained are the Covid-19 pandemic raised the IDX value by 233,70 points on the second day and raised 121,47 points on the third day since the announcement of the first Covid-19 patient in Indonesia. The implementation of the LSSR in DKI Jakarta lowered the IDX value by 167,31 points one day after the policy was implemented and Joe Biden's victory speech had no effect on the IDX value.
AB - The world was shocked by the emergence of a new type of virus, namely Covid-19. 2020 March 2nd, President Joko Widodo announced two positive Covid-19 patients as the first cases of Covid-19 in Indonesia. The Covid-19 pandemic and the Large-Scale Social Restrictions (LSSR) carried out by the government harmed economic growth. The value of the IDX fell from 6000's to 4,000's after the first Covid-19 case in Indonesia. The IDX indicates an increasing trend when Joe Biden made his victory speech on 2020 November 7th. Intervention analysis is used to evaluate the effect of the Covid-19 pandemic, LSSR and Joe Biden's victory speech on the IDX using the daily closing data from April 2019 to December 2020. The results of the intervention analysis obtained are the Covid-19 pandemic raised the IDX value by 233,70 points on the second day and raised 121,47 points on the third day since the announcement of the first Covid-19 patient in Indonesia. The implementation of the LSSR in DKI Jakarta lowered the IDX value by 167,31 points one day after the policy was implemented and Joe Biden's victory speech had no effect on the IDX value.
UR - http://www.scopus.com/inward/record.url?scp=85140249206&partnerID=8YFLogxK
U2 - 10.1063/5.0124110
DO - 10.1063/5.0124110
M3 - Conference contribution
AN - SCOPUS:85140249206
T3 - AIP Conference Proceedings
BT - 3rd International Conference on Mathematics and Sciences, ICMSc 2021
A2 - Nugroho, Rudy Agung
A2 - Allo, Veliyana Londong
A2 - Siringoringo, Meiliyani
A2 - Prangga, Surya
A2 - Wahidah, null
A2 - Munir, Rahmiati
A2 - Hiyahara, Irfan Ashari
PB - American Institute of Physics Inc.
T2 - 3rd International Conference on Mathematics and Sciences 2021: A Brighter Future with Tropical Innovation in the Application of Industry 4.0, ICMSc 2021
Y2 - 12 October 2021 through 13 October 2021
ER -