Berdikari : Jurnal Ekonomi dan Statistik Indonesia
Vol 2 No 2 (2022): Berdikari: Jurnal Ekonomi dan Statistik Indonesia (JESI)

Mengukur Output Gap Ekonomi Maluku Utara (Pendekatan Hodrick-Prescott Filter)

Jufri Jacob (Fakultas Ekonomi dan Bisnis Universitas Khairun)
Zulkifly Waibot (Fakultas Ekonomi dan Bisnis Universitas Khairun)



Article Info

Publish Date
31 Aug 2022

Abstract

Development anywhere will always be faced with fluctuating conditions or the ups and downs of economic growth. In the discourse "New Neo-Classical Synthesis" which by (Hubbard, 2014; Gordon, 2014; Mitchell, 2019 and Insukindro, 2020), sees economic fluctuations that can lead to recession and expansion. How to measure the output gap or economic fluctuation that occurred in North Maluku Province and its relationship with economic indicators. Estimation of economic fluctuations uses the Hodrick-Prescott Filter method, which is an econometric method to describe the frequency of time series data becoming trends in an economic cycle. The results showed that North Maluku's economic fluctuations were actually dominated by economic recessions rather than expansion. In the first quarter of 2020, if you use the standard macroeconomic approach, there will still be economic expansion fluctuations (3.06), but the New Neo-Classical Synthesis method since the first quarter has experienced an economic recession (-1.42). Meanwhile, the movement patterns are unidirectional or procyclic, there are also opposites or contersiclic.

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Journal Info

Abbrev

jurnaljesi

Publisher

Subject

Economics, Econometrics & Finance

Description

Berdikari: Jurnal Ekonomi dan Statistik Indonesia (JESI) has aimed to present the progress and results of complex analyses in the economic, environmental, and social spheres. Our mission is to promote the official statistics as a tool supporting the decision making at the level of international ...