Analisis Dampak Kebijakan Fiskal terhadap Pertumbuhan Ekonomi di Indonesia
Jurnal Ekonomi dan Pembangunan Indonesia
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Title |
Analisis Dampak Kebijakan Fiskal terhadap Pertumbuhan Ekonomi di Indonesia
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Creator |
Nawawi, Ahmad
Irawan, Ferry |
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Subject |
economics
fiscal policy, growth, disposable income, private consumption, Vector Autoregression (VAR) E62, R11 |
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Description |
This paper presents an analysis of the effect of fiscal policy in Indonesia based on a VAR approach. Fiscal policy shocks are identified as a structural residuals related to unexpected government expenditures and tax revenues. Impulse responses are then used to simulate the dynamic response of key macroeconomics variables of shocks. The analysis shows that GDP responses negatively to tax shocks, and positively to expenditure shock. Moreover, disposable income and private consumptionreact negatively to taxation and positively to government expenditures. Altogether the results are consistent with that of Keynesian models.
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Publisher |
Department of Economics-FEB UI
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Contributor |
—
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Date |
2010-01-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article economic analysis |
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Format |
application/pdf
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Identifier |
http://jepi.fe.ui.ac.id/index.php/JEPI/article/view/119
10.21002/jepi.v10i2.119 |
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Source |
Jurnal Ekonomi dan Pembangunan Indonesia; Vol 10, No 2 (2010): Januari; 159-174
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/119/35
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Coverage |
Indonesia
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