Vector Autoregressive Integrated (VARI) Method for Forecasting the Number of Internasional Visitor in Batam and Jakarta

Authors

  • Septie Wulandary BPS Provinsi Jambi

DOI:

https://doi.org/10.20956/jmsk.v17i1.10536

Keywords:

forecasting, international visitor, Vector Autoregressive Integrated (VARI), Mean Absolute Percentage Error (MAPE)

Abstract

Forecasting methods that are often used are time series analysis, the Autoregressive (AR) method. The AR method only carries out univariate analysis, meaning that it carries out a separate model between the number of international visitor coming to Indonesia through Batam and Jakarta. Though there is a possibility, the number of international visitor arriving through Jakarta affects the number of international visitor arriving through Batam. Therefore, in this study the Vector Autoregressive Integrated (VARI) method is used. The VARI model is used on the number of international visitor arrivals per month at Batam and Jakarta for the period Januari 2014 – December 2019. VARI model formation through several stages, namely stationarity test, autoregressive order determination, VARI model formation, and diagnostic checking of the model. With the VARI model, VARI(5,1), the two significant simultaneously equation results are obtained. The Mean Absolute Percentage Error (MAPE) in this model are as follows 1,98% and 2,48% in predicting the number of international visitor arrivals in Batam and Jakarta. In this study also forecasting the number of international visitor arrivals in Batam and Jakarta in January – December 2020

References

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Published

2020-08-24

How to Cite

Wulandary, S. (2020). Vector Autoregressive Integrated (VARI) Method for Forecasting the Number of Internasional Visitor in Batam and Jakarta. Jurnal Matematika, Statistika Dan Komputasi, 17(1), 94–108. https://doi.org/10.20956/jmsk.v17i1.10536

Issue

Section

Research Articles