Since 2014
Analisis Keseimbangan Eksternal Indonesia: Pendekatan Intertemporal Model of Current Account
Jurnal Ekonomi dan Pembangunan Indonesia
View Archive Info| Field | Value | |
| Title |
Analisis Keseimbangan Eksternal Indonesia: Pendekatan Intertemporal Model of Current Account
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| Creator |
Nurmalindah, Nurmalindah; Pegawai pada Departemen Keuangan Republik Indonesia
Safuan, Sugiharso; Departemen Ilmu Ekonomi, Fakultas Ekonomi Universitas Indonesia |
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| Subject |
Economics
External Debt; Solvency Condition; Current Account Balance; Sustainability; Intertemporal-Model of Current Account; Utang luar negeri; solvency condition; neraca transaksi berjalan; sustainabilitas E2; F3; F32; F34 |
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| Description |
Current account balance has an important role of measuring the direction and the amount of international loan. This study analyzes Indonesian external balance due to its solvency condition of external debt and sustainability of current account balance during 1970{2007 by intertemporal-model approach of current account. The results of cointegration test and bivariate autoregressive (VAR) indicate that solvency condition holds, but not for the sustainability condition of current account balance. It means that Indonesia has capability to payback its external debt.AbstrakDalam hubungannya dengan utang luar negeri, transaksi berjalan mempunyai peranan penting karena mengukur arah dan besarnya pinjaman internasional. Tulisan ini menganalisis mengenai keseimbangan eksternal Indonesia dengan melihat pada solvency condition atas utang luar negeri dan sustainabilitas neraca transaksi berjalan dengan pendekatan intertemporal model of current account. Data yang digunakan adalah time series tahunan periode 1970--2007. Hasil estimasi menunjukkan bahwa solvency condition Indonesia terpenuhi, artinya Indonesia berada dalam kemampuan membayar kembali utangnya, namun kondisi sustainabilitas neraca transaksi berjalan tidak tercapai.
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| Publisher |
Department of Economics-FEB UI
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| Contributor |
—
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| Date |
2013-01-01
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article Vector Autoregressive Model |
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| Format |
application/pdf
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| Identifier |
http://jepi.fe.ui.ac.id/index.php/JEPI/article/view/192
10.21002/jepi.v13i2.192 |
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| Source |
Jurnal Ekonomi dan Pembangunan Indonesia; Vol 13, No 2 (2013): Januari; 196-213
2406-9280 1411-5212 |
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| Language |
eng
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| Relation |
http://jepi.fe.ui.ac.id/index.php/JEPI/article/view/192/137
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| Coverage |
Indonesia
1970--2007 Current Account |
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| Rights |
Copyright (c) 2014 Jurnal Ekonomi dan Pembangunan Indonesia
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