Since 2014
The cyclicality of government expenditure in developing country: the case of Indonesia
Economic Journal of Emerging Markets
View Archive Info| Field | Value | |
| Title |
The cyclicality of government expenditure in developing country: the case of Indonesia
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| Creator |
Kuncoro, Haryo; Faculty of Economics, State University of Jakarta
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| Subject |
Economic
Government, Expenditure, Cyclicality, Voracity, Elasticity — |
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| Description |
This paper analyzes the cyclicality and the relationship between government expenditure and output of Indonesia, 1999-2012 using Johansen co-integration test and the error correction model. The results confirm that in the short-run the government expenditure reveals counter-cyclical but pro-cyclical in the longrun. Output and government expenditure are co-integrated and it implies the existence of long-term relationship. The value of short-run elasticity coefficient for government expenditure is relatively high. In contrast, the long-run elasticity coefficient is lower and statistically greater than unity confirming the voracity hypothesis. Furthermore, there is no significant difference of government spending in good and bad times.
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| Publisher |
Universitas Islam Indonesia
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| Contributor |
—
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| Date |
2014-04-01
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://journal.uii.ac.id/index.php/JEP/article/view/3864
10.20885/ejem.vol6.iss1.art3 |
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| Source |
Economic Journal of Emerging Markets; Vol 6, No 1 (2014); 23-37
2502-180X 2086-3128 |
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| Language |
eng
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| Relation |
http://journal.uii.ac.id/index.php/JEP/article/view/3864/3435
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| Coverage |
developing countries
— government expenditure and output of Indonesia, 1999-2012 |
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| Rights |
Copyright (c) 2016 Economic Journal of Emerging Markets
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