Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan
Vol 7, No 1 (2006) : JEP Juni 2006

ANALISIS CROWDING OUT EFFECT PENERBITAN OBLIGASINEGARA: STUDIKASUS PEREKONOMIAN INDONESIA PERIODE 1970 - 2003

Waluyo, Joko (Unknown)



Article Info

Publish Date
01 Jan 2007

Abstract

The main subject of this research are to proof what issuing government bonds give impact to crowding out effect for private investment. The research design used simultaneous equation modeling, consisting of 17 behavioral equation and 18 identity equation with 6 blocks. Behavioral equation with estimated by tsls (two stage least square). This study use secondary data from Indonesian economy since 1970 until 2003. The econometric test to result BLUE estimator. The Result is issuing government bonds dont cause crowding out effect to private investment.

Copyrights © 2006






Journal Info

Abbrev

JEP

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan is a scientific journal that contains the results of theoretical research and studies on economic and development issues. Managed by Department of Development Economics, Faculty of Economics and Business Universitas Muhammadiyah ...