Joko Waluyo
Fakultas Ekonomi Universitas Pembangunan Nasional “Veteran” Yogyakarta

Published : 12 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search
Journal : Kinerja

PENGARUH PEMBIAYAAN DEFISIT ANGGARAN TERHADAP INFLASI DAN PERTUMBUHAN EKONOMI: SUATU SIMULASI MODEL EKONOMI MAKRO INDONESIA 1970 – 2003 Waluyo, Joko
KINERJA Vol 10, No 1 (2006): Kinerja
Publisher : Faculty of Economics Universitas Atma Jaya Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24002/kinerja.v10i1.915

Abstract

The objective of this research is to identify the impact of budget deficit financing oninflation and economic growth. Simulation are conducted using the small open macroeconomics model specified by Waluyo (2005) with 10.000 replication on the stochastic simulation. Using the secondary data of the Indonesian economy from 1970 to 2003, simulation results show that budget deficit financing from foreign debt and monetary policies would increase the economic growth, but inflationary. On the other hand, tax effort policies are considered to be better, since simulation results show that they would improve economic growth without being inflationary.Keywords: budget deficit, macroeconomic model, economic growth, simulation
PENGARUH PEMBIAYAAN DEFISIT ANGGARAN TERHADAP INFLASI DAN PERTUMBUHAN EKONOMI: SUATU SIMULASI MODEL EKONOMI MAKRO INDONESIA 1970 – 2003 Joko Waluyo
KINERJA Vol. 10 No. 1 (2006): Kinerja
Publisher : Faculty of Business and Economics Universitas Atma Jaya Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24002/kinerja.v10i1.915

Abstract

The objective of this research is to identify the impact of budget deficit financing oninflation and economic growth. Simulation are conducted using the small open macroeconomics model specified by Waluyo (2005) with 10.000 replication on the stochastic simulation. Using the secondary data of the Indonesian economy from 1970 to 2003, simulation results show that budget deficit financing from foreign debt and monetary policies would increase the economic growth, but inflationary. On the other hand, tax effort policies are considered to be better, since simulation results show that they would improve economic growth without being inflationary.Keywords: budget deficit, macroeconomic model, economic growth, simulation