Jurnal Ekonomi dan Pembangunan Indonesia
Vol 9 No 2 (2009): Januari

The Impact of Final Demand arld Prices on Indonesia's Total - Import: Cointegration and Error Correction Model Analysis

Mutmainah, Isbandriyati (Unknown)



Article Info

Publish Date
01 Jan 2009

Abstract

This research is aimed to investigate the influence of final demand and price to Indonesian agregate imports in the long-run and short-run. We use analytical technique cointegration test Iohansen procedures for the long-term influence, and Error Correction Model to estimate the short-term influence, by using quarterly time series data period from_1980 to 2004. From the result of cointegration test and Error Correction Model we found that in the long-term, all of final demand components and price except private investment are important I in determining Indonesian agregate imports. The government expenditure variable has the highest influence, while in the short-term all of independent variables except private consumption are important in determining Indonesian agregate imports and foreign price variable has the highest influence.

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Journal Info

Abbrev

JEPI

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi dan Pembangunan Indonesia has been published since 2000 by the Department of Economics Faculty of Economics and Business Universitas Indonesia. Based on the Decree of the Director General for Higher Education Accreditation Number 43/DIKTI/Kep/2008, JEPI has been accredited 'B'as a ...