The COVID-19 Vaccination Impact on Household Consumption and Investment

Abstract

The COVID-19 pandemic has penetrated all corners of the world, including Indonesia and Gorontalo Province. The impact is directly on public health and indirectly on the regional economy of Gorontalo Province. The presence of the COVID-19 vaccination as one of the solutions programmed by the government to deal with the pandemic is important and should be supported by all components of the nation and regions. For this reason, it is important to study the issue of COVID-19 vaccination with household consumption and investment to analyze and describe the impact of COVID-19 vaccination on household consumption and investment in Gorontalo Province. Meanwhile, the method used to collect data on COVID-19 vaccination, household consumption, and investment is the documentation method. The results of the study show that the COVID-19 vaccination has no significant impact on household consumption but has a significant impact on investment in Gorontalo Province. Therefore, the COVID-19 vaccination program initiated by the government needs to be fully supported by all national and regional components so that the accelerated economic development of the nation and state in general and the Gorontalo Province region, in particular, can grow well.

Received: 28 January 2023 / Accepted: 20 April 2023 / Published: 5 May 2023