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Determinants of Inflation in the Local Economy Jaka Sriyana
ETIKONOMI Vol 17, No 1 (2018)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (336.192 KB) | DOI: 10.15408/etk.v17i1.7146

Abstract

This research analyzes the determinants of inflation rate in the local economy. It uses co-integration and vector error correction to capture the long and short run relationship between inflation rate and other economic variables. We find that the determinants of inflation rate in Yogyakarta are minimum wage, economic growth, and monetary variables indicated by BI-rate.  More finding, exchange rate also contributes to the price change. This research finds evidence of long-run causality between minimum wage and inflation and unidirectional relationship from wage to inflation in the short run. This finding confirms the proposition of non-neutrality wage on price changes. The inflation rate in the local economy depends not only on the regional indicator but also depends on international changes reflected in the exchange rate. Monetary variable indicated by BI- rate also partially contributes to the price changes at the local level. Overall, the local government has successfully managed the price changes.DOI: 10.15408/etk.v17i1.7146
Ketahanan Fiskal: Studi Kasus Malaysia dan Indonesia Jaka Sriyana
Economic Journal of Emerging Markets Vol. 10 No. 2 (2005)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v10i2.596

Abstract

In the last ten years, fiscal policy has played an important role to the macroeco¬nomy. This paper aims to explore the fiscal strength and the synchronization between fiscal and monetary policy for Malaysia and Indonesia. For the first issue, this paper applies the Trehan and Walsh method, meanwhile the Berument’s approach is used to examine the syn¬chronization between fiscal and monetary policy. The result shows that in case of Malaysia, the government applied tax-financed policy; meanwhile Indonesia has entered to the debt trap. The Malaysia’s government has also synchronized fiscal and monetary policy, which is different with that in Indonesia.Keyword: Fiscal policy, tax-financed policy, debt trap.
Fiscal Policy And Economic Growth: And Empirical Evidence In Malaysia And Indonesia Jaka Sriyana
Economic Journal of Emerging Markets Vol. 7 No. 2 (2002)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v7i2.647

Abstract

Since the financial crisis occurred in the mid of 1997, generally the government of Asian countries have difficulties in supporting their economic growth. This paper attempts to analyze the relationship between fiscal variables, including government expenditure, revenue and output in Malaysia and Indonesia. The relationship between government expenditure and revenue will be tested by co integration and causality test, meanwhile the effect of gov-ernment expenditure and revenue on output will be tested using Vector Error Correction Model (VECM). The result shows that there are strongly long run relationship between fiscal variables and output in these two countries. More active fiscal policy is recommended in Malaysia, meanwhile a better fiscal management must be applied in Indonesia.Key words: Co integration, Causality, Error Correction Model, Fiscal policy.
A Causality Relationship Between Tax Revenue and Government Expenditure In Indonesia Jaka Sriyana
Economic Journal of Emerging Markets Volume 1 Issue 2, 2009
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v1i2.2275

Abstract

This paper attempts to model the relationship between tax revenue and government expenditurefor Indonesia over the period 1970-2007. The empirical analysis employs tests of cointegrationand Vector Error Correction Model (VECM). The empirical evidence suggests thatthere is a long run relationship between tax and government expenditure, but in the shortterm, the model explains unidirectional causality relationship, namely from tax revenue togovern ment expenditure This finding indicates that the budget deficit increase continuously,which threaten the fiscal sustainability in the long term. It suggests that the governmentshould organize a better management on public finance policies to support the tax-spend fiscalpolicy.Key words: tax, government, causality, expenditure, cointegration.
MULTI PERIOD SHOCKS ROLES ON GOVERNMENT SPENDING IN INDONESIA Jaka Sriyana
Economic Journal of Emerging Markets Volume 2 Issue 3, 2010
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v2i3.2311

Abstract

This paper proposes an alternative dynamic model of government spending in Indonesia. The model is based on short term disequilibrium assumption, in which multi period of shocks variables may play an important role. This research applies a loss function approach and uses optimum shock variables as the determinant for government spending during 1970-2010. The result shows that real GDP, population, and multi period shock of government spending are statistically significant. It provides evidence of the impact of multi period shocks to the realization of government spending. It implies that government faces a serious disequilibrium in determining their spending both in short and long terms.Keywords: Fiscal, government spending, deficit budget, shockJEL classification numbers: H53, H62, C22
DECENTRALIZATION, FISCAL CAPABILITY AND PUBLIC SPENDING EFFICIENCY Abdul Hakim; Jaka Sriyana
Economic Journal of Emerging Markets Volume 2 Issue 1, 2010
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v2i1.2380

Abstract

Assigning autonomy to regency governments in Indonesia has failed to increase regency’s economies.While it increases regency government role in planning and initiating policies, its impact oneconomic development has been insignificant. This stems from the lack of institution’s capacity inorganizing the bulk funds transfer from the central government which leads to inefficiency in resourceallocation. This paper maps these regencies based on their fiscal dependency. This paperalso applies Data Envelopment Analysis to identify the efficient and non efficient regencies in sucha way that the non efficient regencies might use the efficient ones as the benchmark to increase theirefficiency.Keywords: Autonomy, regency government, efficiencyJEL classification numbers: H21, H53, H71, H72
Pendekatan model dinamis dalam analisis ekonomi (Studi kasus permintaan uang di Indonesia 1980 I- 1991 IV) Jaka Sriyana
Economic Journal of Emerging Markets Volume 3, 1994
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v3i0.6595

Abstract

Dalam dua dasa warsa terakhir ini metode analisa kuantitatif, khususnya ekonometrika telah mendapat perhatian yang cukup besar dari para peneliti dan pengamat ekonomi sebagai alat analisa untuk mengetahui perilaku variabel-variabel ekonomi di suatu negara.
Bagaimana velositas uang di Indonesia? (Pendekatan model penyesuaian parsial berdasarkan asumsi "adaptive expectation" vs "perfect forsight") Jaka Sriyana
Economic Journal of Emerging Markets Volume 6, 1995
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v6i1.6647

Abstract

Kebijakan moneter adalah salah satu kebijakan yang dilakukan oleh pemerintah/penguasa moneter untuk mempengaruhi atau menjaga jumlah uang beredar. Tujuan kebijakan tersebuta adalah agar tercapai kestabilan perekonomian negara.
Peran perencanaan pembangunan dalam menghadapi era globalisasi Jaka Sriyana
Economic Journal of Emerging Markets Volume 8, 1996
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v8i2.6762

Abstract

Isu globalisasi dunia mulai merebak pada tahun 1980an, yang ditandai dengan berbagai perubahan yang sangat cepat di berbagai bidang kehidupan sosial, budaya, ekonomi, dan aspek-aspek terkait lainnya. Proses globalisasi terjadi dewasa ini mengakibatkan keadaan ekonomi dunia saat ini sangat berbeda dengan kondisi ekonomi yang diproyeksikan oleh para ahli pada masa lalu.
Hubungan keuangan pusat-daerah, reformasi perpajakan dan kemandirian pembiayaan pembangunan daerah Jaka Sriyana
Economic Journal of Emerging Markets Vol 4, No 1 (1999)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Decentralisation has become as a new paradigm in the development policy and administration since 1970s. The growing interest of centralised planning is emphasised to the growth policy, and the realization that uneasily development must be controlled from the centre.