ABSTRACT
The aim of this study are to build a statistical model, to analyze the time series trend of COVID-19 and exchange rate time series data, and to find the relation between COVID-19 as an independent and exchange as dependent variable. Linear regression as statistical model has been implemented to seek the relationship between COVID-19 and the exchange rate in Indonesia. The linear regression model were able to estimate COVID-19 case up to 88% with very small p-value. It means that the exchange rate USD/IDR has significant correlation with COVID-19. Thus, pandemic of COVID-19 had successfully given impact to economics factor in Indonesia. © 2022 Author(s).
ABSTRACT
There is quite a lot of research on COVID-19, but research on the impact of COVID-19 prevention policies on business continuity and the welfare of street vendors has not been widely studied. This study examines the economic impact of COVID-19 prevention policies on business continuity and the welfare of street vendors. The regression value or the effect of the COVID-19 prevention policy on business continuity is 0.918. The coefficient of determination is 0.842, which means that the impact on business continuity is 84.2%. The regression value of the COVID-19 prevention policy on the welfare of street vendors is 0.934, with a coefficient of determination of 0.873. This means that the impact of the COVID-19 prevention policy on the welfare of street vendors is 87.3%. This study has limitations in one location in Semarang, and the research subjects are mostly culinary street vendors. The direction of future research is the impact of policies related to the pandemic or national economic crisis and the global crisis on the business continuity of street vendors and other informal economy business actors. © 2022 WITPress. All rights reserved.