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Daerobi, Ahmad
Semarang State University
Economics, Econometrics & Finance

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Economic Liberalization Impact, Fiscal Conditions, and Tax Ratio to Welfare Johadi, Johadi; Pribadi, Kresno Sarosa; Daerobi, Ahmad; Mulyani, Nunung Sri
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 12, No 1 (2019): March 2019
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v12i1.18554

Abstract

Global economy has currently integrated and has been interdependent between the developing and developed countries. The improved integration and interdependence level is expected to improve citizens’ welfare. This study aims at testing the correlation between fiscal and trade policies and welfare in ASEAN countries + 3 countries (Singapore, Malaysia, Indonesia, Thailand, Philippines, Brunei Darussalam, Cambodia, Vietnam, Myanmar, Laos + Japan, China, and Korea). It used the secondary data from World Bank, Asian Development Bank (ADB) and Economist Intelligence Unit from 1990 to 2015. The analysis uses the POLS-ECM (Panel Ordinary Least Square-Eagle Granger Error Correction Model). The results of analysis show that economic growth, infrastructure capital expenditure, economic openness, and tax ratio had a significant effect on welfare ASEAN + 3 countries
Co-Authors Johadi, Johadi Kresno Sarosa Pribadi, Kresno Sarosa Mulyani, Nunung Sri