Cointegration Analysis between Tuna and Skipjack Exports with Fisheries Gross Regional Domestic Product (GRDP) of Aceh Province

Abstract

Fishery is one of the main sub-sector contributing the Aceh regional economics activities. Aceh fish production, especially Tuna and Skipjack keep increasing from 2014 to 2018. Therefore, there is a need to analyze the relationship between tuna and skipjack exports, and the Fisheries Gross Regional Domestic Product (GRDP) of Aceh Province in the last few years (2011-2019). The purpose of this study was to see how cointegration of the long-term and short-term between the export of tuna and skipjack commodities in Aceh province with the growth of fisheries Gross Regional Domestic Product (GRDP). The method used in this research is the Error Correction Model (ECM) analysis method with data processing using Stata SE-64 software. The results of the analysis show that there is a cointegration between the variable export value of tuna and skipjack commodities and the Gross Regional Domestic Product (PDRB) of Fisheries of Aceh Province both in the long and short terms.