Indonesia has been implemented decentralization era since 2001 in order to increasing local empowerment and local capability. During this period central government gave a all of the authority to the local government excepted authority for the political, finance,national defence, justice and religion. Beside gave the authority to the local government, central government also gave the source of the financing to the local government to meet the money follows function principle. Financial stability is the most important things on the monetary area. Many theorytical background described that decentralization have relation with the local financial stability.Using statistic approach (panel data) we could be proved that decentralization have negative relation with the local financial stability and also the other variable such as population, GRDP, constriction price index and volatility of money
{"title":"DESENTRALISASI FISKAL DAN PENCIPTAAN STABILITAS KEUANGAN DAERAH","authors":"J. Haryanto, Ester Sri Astuti","doi":"10.31685/KEK.V13I1.88","DOIUrl":"https://doi.org/10.31685/KEK.V13I1.88","url":null,"abstract":"Indonesia has been implemented decentralization era since 2001 in order to increasing local empowerment and local capability. During this period central government gave a all of the authority to the local government excepted authority for the political, finance,national defence, justice and religion. Beside gave the authority to the local government, central government also gave the source of the financing to the local government to meet the money follows function principle. Financial stability is the most important things on the monetary area. Many theorytical background described that decentralization have relation with the local financial stability.Using statistic approach (panel data) we could be proved that decentralization have negative relation with the local financial stability and also the other variable such as population, GRDP, constriction price index and volatility of money","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125714380","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The purpose of this paper is to provide an analysis of relationship between global economy represented by US economy and Indonesia's economy by quarterly data. In this paper, domestic variables are Gross Domestic product (GDP), intersest rate, composite price index and exchange rate. Meanwhile, The global variables used are Gross Domestic product (GDP), intersest rate, and composite price index. Struktural VAR is employed to test these relationship. The quarterly data are between 1999 through 2008. The result of this reseach is Indonesia as a small open economy is influenced by global economy. The Government of Indonesia should give more attention to US GDP as the most influent variable of international variables.
{"title":"DAMPAK PEREKONOMIAN GLOBAL TERHADAP KONDISI MAKROEKONOMI INDONESIA","authors":"R. Nurhidajat","doi":"10.31685/KEK.V14I2.66","DOIUrl":"https://doi.org/10.31685/KEK.V14I2.66","url":null,"abstract":"The purpose of this paper is to provide an analysis of relationship between global economy represented by US economy and Indonesia's economy by quarterly data. In this paper, domestic variables are Gross Domestic product (GDP), intersest rate, composite price index and exchange rate. Meanwhile, The global variables used are Gross Domestic product (GDP), intersest rate, and composite price index. Struktural VAR is employed to test these relationship. The quarterly data are between 1999 through 2008. The result of this reseach is Indonesia as a small open economy is influenced by global economy. The Government of Indonesia should give more attention to US GDP as the most influent variable of international variables.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"22 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116297204","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Untuk pertama kalinya, Pernyataan Risiko Fiskal (Statement ofFiscal Risks) diungkap dalam Nota Keuangan APBN 2008, sebagai praktek baru di bidang keuangan negara untuk menyatakan adanya risiko fiskal. Pengungkapan (disclosure) risiko fiskal sangat penting dilakukan, karena awareness terhadap bahaya ada risiko tersembunyi akan meningkat sehingga diharapkan otoritas fiskal akan mampu merespons dengan baik kemungkinan adanya ancaman terhadap ekonomi nasional pada tahun-tahun mendatang. Selanjutnya, dalam upaya meningkatkan kualitas pengelolaan risiko fiskal, maka studi banding dan literatur merupakan suatu yang perlu dilakukan. Membandingkan praktek pengungkapan risiko fiskal dengan Australia, New Zealand, dan Brazil, dan mendalami literatur yang terkait dengan pengelolaan risiko fiskal akan memperoleh gambaran sejauh mana Indonesia telah melaksanakan best practices and codes. Terdapat 2 (dua) temuan penting yang patut dipelajari lebih lanjut yaitu Pernyataan Risiko Fiskal harus didasari peraturan perundangan yang kuat dan dapat mengikat semua pihak pencetus risiko (contracting agencies), dan ketiga negara tersebut di atas semakin mampu membagi dan memecah (unbundling) risiko.
有史以来第一次,财政风险的声明(声明ofFiscal 2008 p 2014金融风险)备忘录中公布,作为国家金融领域的新做法是为了表达财政风险的存在。披露(disclosure)对危险很重要的事情,因为财政风险意识有隐藏的风险会增加,所以预计财政权威被威胁的可能性,能够很好地回应对国民经济的岁月。此外,为了提高财政风险管理的质量,上诉和文学研究是必要的。比较披露做法与澳大利亚、新西兰和巴西财政风险与风险管理相关的文献,沉浸在财政将获得印尼在多大程度上执行了画面最佳实践和代码。有两个(两个)非常重要的发现是值得研究的,即财政风险声明应以一种强大的法律法规为基础,能够约束所有风险仲裁者(对抗性机构),上述三个国家越来越有能力分裂和分裂风险(unbundling)。
{"title":"OVERVIEW ATAS TRANSPARANSI FISKAL DALAM PERSPEKTIF RISIKO: SUATU KOMPARATIF DAN STUDI LITERATUR","authors":"Makhlani Makhlani","doi":"10.31685/KEK.V13I1.86","DOIUrl":"https://doi.org/10.31685/KEK.V13I1.86","url":null,"abstract":"Untuk pertama kalinya, Pernyataan Risiko Fiskal (Statement ofFiscal Risks) diungkap dalam Nota Keuangan APBN 2008, sebagai praktek baru di bidang keuangan negara untuk menyatakan adanya risiko fiskal. Pengungkapan (disclosure) risiko fiskal sangat penting dilakukan, karena awareness terhadap bahaya ada risiko tersembunyi akan meningkat sehingga diharapkan otoritas fiskal akan mampu merespons dengan baik kemungkinan adanya ancaman terhadap ekonomi nasional pada tahun-tahun mendatang. Selanjutnya, dalam upaya meningkatkan kualitas pengelolaan risiko fiskal, maka studi banding dan literatur merupakan suatu yang perlu dilakukan. Membandingkan praktek pengungkapan risiko fiskal dengan Australia, New Zealand, dan Brazil, dan mendalami literatur yang terkait dengan pengelolaan risiko fiskal akan memperoleh gambaran sejauh mana Indonesia telah melaksanakan best practices and codes. Terdapat 2 (dua) temuan penting yang patut dipelajari lebih lanjut yaitu Pernyataan Risiko Fiskal harus didasari peraturan perundangan yang kuat dan dapat mengikat semua pihak pencetus risiko (contracting agencies), dan ketiga negara tersebut di atas semakin mampu membagi dan memecah (unbundling) risiko.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126549097","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This research is intended to analyze determining variables of regional inflation at cities of West Java Province during 2000 - 2009. This study is motivated by the facts that inflation is known as an important indicator for economic development planning. Therefore, managing inflation rate become important for government to arrange their national development planning. Managing national inflation should follow whit managing regional inflation. Thus, identijying regional inflation determining variables become important process for managing phase of regional inflation. Approximation for regional inflation determining variable are monetary variables and non monetary variables. Monetary variables consist of real interest rate, while non monetary variables consist of regional indigenous income (PAD), regional expenditure, infrastructure condition, minimum wages rate, and inflation rate of DKl Jakarta. Method research for analysis is utilizes data panel regression Of G2SLS (Generalized two stage least square) with fixed effect method. The findings of this study point out that regional inflation at cities of West Java Province significantly affected by real interest rate, minimum wages rate, infrastructure condition, inflation rate of DKl Jakarta, regional indigenous income (PAD), and regional expenditure. Thus, shown that cost push effect system and demand pull effect system is work on to determine regional inflation at cities of West Java Province. This research also finding that regional that regional interaction is influencing regional inflation rate as shown on interaction between DKl Jakarta Province and cities in West Java Province which presumtive cause by distribution system of goods, commodity, and services from production area to consumption area.
{"title":"DETERMINAN INFLASI REGIONAL KOTA-KOTA DI PROVINSI JAWA BARAT TAHUN 2000 - 2009","authors":"Telisa Aulia Falianty, Luthfi Hanifah","doi":"10.31685/KEK.V16I1.24","DOIUrl":"https://doi.org/10.31685/KEK.V16I1.24","url":null,"abstract":"This research is intended to analyze determining variables of regional inflation at cities of West Java Province during 2000 - 2009. This study is motivated by the facts that inflation is known as an important indicator for economic development planning. Therefore, managing inflation rate become important for government to arrange their national development planning. Managing national inflation should follow whit managing regional inflation. Thus, identijying regional inflation determining variables become important process for managing phase of regional inflation. Approximation for regional inflation determining variable are monetary variables and non monetary variables. Monetary variables consist of real interest rate, while non monetary variables consist of regional indigenous income (PAD), regional expenditure, infrastructure condition, minimum wages rate, and inflation rate of DKl Jakarta. Method research for analysis is utilizes data panel regression Of G2SLS (Generalized two stage least square) with fixed effect method. The findings of this study point out that regional inflation at cities of West Java Province significantly affected by real interest rate, minimum wages rate, infrastructure condition, inflation rate of DKl Jakarta, regional indigenous income (PAD), and regional expenditure. Thus, shown that cost push effect system and demand pull effect system is work on to determine regional inflation at cities of West Java Province. This research also finding that regional that regional interaction is influencing regional inflation rate as shown on interaction between DKl Jakarta Province and cities in West Java Province which presumtive cause by distribution system of goods, commodity, and services from production area to consumption area.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126722418","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Indonesian government has been launched poverty alleviation framework which consists of Four Clusters such as: Direct Transfer (BLT'); National Program for Community Empowerment (PNPMJ; Kredit Usaha Rakyat (KUR); and energy, housing, transportation for poor. Unfortunately, KUR hasn't reached poor and reduce the poverty significantly. It is predicted that Local Government hasn't involved structurally and formally in KUR’s implementation. The study is developed from primary and secondary data which has been conducted since 2012 in Five Provinces (Central Java, East Java, Bengkulu, Yogyakarta and Mataram). Primary data were generated by three instruments such as questionnaire (600 units which was divided into two group- KUR and non KUR), in depth interview for key persons and Focus Group Discussion which was representing stakeholder. The result shows that the roles of Local Government in KUR implementation are still limited. It can be identified as follows: being administrator for Communication for KUR, socialization in SMEs, and facilitating for KUR assistant for SMEs. One of obstacles is Local Government hasn't engaged yet on KUR syndications.
{"title":"The Development of Local Government Empowerment Model to Support Kredit Usaha Rakyat s Program (KUR) for Poverty Alleviation","authors":"Bachtiar Rifai","doi":"10.31685/kek.v17i3.11","DOIUrl":"https://doi.org/10.31685/kek.v17i3.11","url":null,"abstract":"Indonesian government has been launched poverty alleviation framework which consists of Four Clusters such as: Direct Transfer (BLT'); National Program for Community Empowerment (PNPMJ; Kredit Usaha Rakyat (KUR); and energy, housing, transportation for poor. Unfortunately, KUR hasn't reached poor and reduce the poverty significantly. It is predicted that Local Government hasn't involved structurally and formally in KUR’s implementation. The study is developed from primary and secondary data which has been conducted since 2012 in Five Provinces (Central Java, East Java, Bengkulu, Yogyakarta and Mataram). Primary data were generated by three instruments such as questionnaire (600 units which was divided into two group- KUR and non KUR), in depth interview for key persons and Focus Group Discussion which was representing stakeholder. The result shows that the roles of Local Government in KUR implementation are still limited. It can be identified as follows: being administrator for Communication for KUR, socialization in SMEs, and facilitating for KUR assistant for SMEs. One of obstacles is Local Government hasn't engaged yet on KUR syndications.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"74 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114846819","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Yoopi Abimanyu, Nur Sigit Warsidi, Sunu Kartiko, Ridiani Kurnia, Tety Mahrani
This paper explores the international linkages of the Indonesian capital market using cointegration tests to examine the long-run equilibrium relationship between the stock markets of Indonesia with China, France, Germany, Hong Kong, Japan, Korea, Malaysia, Netherlands, Philippine, Singapore, Thailand, Taiwan, the United Kingdom, and the United States. The method used in this paper is visual inspection, followed by Johansen cointegration. Our results show that there exist cointegration between these stock market indices except between Indonesia and Philippine.
{"title":"INTERNATIONAL LINKAGES TO THE INDONESIAN CAPITAL MARKET : COINTEGRATION TEST","authors":"Yoopi Abimanyu, Nur Sigit Warsidi, Sunu Kartiko, Ridiani Kurnia, Tety Mahrani","doi":"10.31685/KEK.V16I2.43","DOIUrl":"https://doi.org/10.31685/KEK.V16I2.43","url":null,"abstract":"This paper explores the international linkages of the Indonesian capital market using cointegration tests to examine the long-run equilibrium relationship between the stock markets of Indonesia with China, France, Germany, Hong Kong, Japan, Korea, Malaysia, Netherlands, Philippine, Singapore, Thailand, Taiwan, the United Kingdom, and the United States. The method used in this paper is visual inspection, followed by Johansen cointegration. Our results show that there exist cointegration between these stock market indices except between Indonesia and Philippine.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128058515","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study focus on the roles of culture and religion in explaining the bilateral trade between Indonesia and the member of ASEAN countries. This research uses the theory of gravity (Gravity Model) by applying random effect and Pooled Regressions analysis in measuring the correlation between set variables. The tested variables are Indonesia's Real GDP, Real GDP of ASEAN countries, Distances, cost of trade, variable of Religion and Cultural factors, during the period of 2002 and 2011. We used secondary data from CEIC, CEPIl, and Hofstede index. The results show that religon does not significantly affect the bilateral trade, while culture similarity has tendencies to affect bilateral trade. Meanwhile, the result supports prior analysis that the distance variable has strong correlation to the bilateral trade. This study implies the need for further studies on the application of gravity models to explain bilateral trade within countries in the region.
{"title":"Religion and Cultural Factors in Bilateral Trade between Indonesia and ASEAN Member Countries","authors":"Fino Valico Waristi","doi":"10.31685/KEK.V18I2.46","DOIUrl":"https://doi.org/10.31685/KEK.V18I2.46","url":null,"abstract":"This study focus on the roles of culture and religion in explaining the bilateral trade between Indonesia and the member of ASEAN countries. This research uses the theory of gravity (Gravity Model) by applying random effect and Pooled Regressions analysis in measuring the correlation between set variables. The tested variables are Indonesia's Real GDP, Real GDP of ASEAN countries, Distances, cost of trade, variable of Religion and Cultural factors, during the period of 2002 and 2011. We used secondary data from CEIC, CEPIl, and Hofstede index. The results show that religon does not significantly affect the bilateral trade, while culture similarity has tendencies to affect bilateral trade. Meanwhile, the result supports prior analysis that the distance variable has strong correlation to the bilateral trade. This study implies the need for further studies on the application of gravity models to explain bilateral trade within countries in the region.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114013487","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Indonesia is disaster-prone countries. Then the disaster mitigation and adaptation, with insurance as one available option, need to be considered. Insurance scheme can be applied as an alternative to allocate the burden of disaster cost, not only to government and households but also to insurance companies. This study examines the ability to pay of the households for the insurance program in different provinces using the data of the Survei Sosial Ekonomi Nasional (Susenas] for the year 2010. The result is there are some provinces with high vulnerability index but low ability to pay for insurance expenses; and vice versa. Potential spending on average for catastrophe insurance is at 2.8 percent i.e. the portion of household expenditures that potentially. can be allocated to disaster premium insurance payments.
{"title":"Analysis of the Ability to Pay for Disaster Insurance Program","authors":"A. Siswanto","doi":"10.31685/kek.v18i1.32","DOIUrl":"https://doi.org/10.31685/kek.v18i1.32","url":null,"abstract":"Indonesia is disaster-prone countries. Then the disaster mitigation and adaptation, with insurance as one available option, need to be considered. Insurance scheme can be applied as an alternative to allocate the burden of disaster cost, not only to government and households but also to insurance companies. This study examines the ability to pay of the households for the insurance program in different provinces using the data of the Survei Sosial Ekonomi Nasional (Susenas] for the year 2010. The result is there are some provinces with high vulnerability index but low ability to pay for insurance expenses; and vice versa. Potential spending on average for catastrophe insurance is at 2.8 percent i.e. the portion of household expenditures that potentially. can be allocated to disaster premium insurance payments.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124315657","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Indonesian crude oil price assumption, or commonly abbreviated as ICP plays an important role in the management of state finances. This paper aims to make an ICP projection model monthly. This paper uses econometric methods time series Box-Jenkin or ARIMA (Autoregressive Integrated Moving Average). After following the Box-Jenkin methodology, estimation results indicate that the best model to forecast the monthly ICP is ARIMA (1,2,1). Results projection ARIMA (1,2,1) with a static method is more accurate than the dynamic method with a deviation of only 0.8%. If using the static method outlook for ICP in 2014 will be in the range of US$106/bareI - US$108/barel. Policy recommendations related to the price of oil is to determine the Indonesian crude oil price assumption (ICP) suggested using ARIMA (1,2,1). The oil price models have important implications in the management of state finances, namely the ARIMA model can help establish the assumption of ICP and help respond in the event of oil price fluctuations.
{"title":"Monthly ICP Projection Model Using Arima Method","authors":"Rudi Handoko","doi":"10.31685/KEK.V18I1.37","DOIUrl":"https://doi.org/10.31685/KEK.V18I1.37","url":null,"abstract":"Indonesian crude oil price assumption, or commonly abbreviated as ICP plays an important role in the management of state finances. This paper aims to make an ICP projection model monthly. This paper uses econometric methods time series Box-Jenkin or ARIMA (Autoregressive Integrated Moving Average). After following the Box-Jenkin methodology, estimation results indicate that the best model to forecast the monthly ICP is ARIMA (1,2,1). Results projection ARIMA (1,2,1) with a static method is more accurate than the dynamic method with a deviation of only 0.8%. If using the static method outlook for ICP in 2014 will be in the range of US$106/bareI - US$108/barel. Policy recommendations related to the price of oil is to determine the Indonesian crude oil price assumption (ICP) suggested using ARIMA (1,2,1). The oil price models have important implications in the management of state finances, namely the ARIMA model can help establish the assumption of ICP and help respond in the event of oil price fluctuations.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114759669","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
External fluctuation happened on global economy could be anticipated by Indonesia Government through a good coordination between fiscal and monetary policy. It is reflected from the Indonesia's positive economic growth on 2009 which reached 4,5 percent. But Indonesia's economic growth acceleration still retained by the low activity on real sector, so worried about the creation ofsustainable economic growth. Regarding that, it needs priority sharpening for sectors which has superiority on motivating the economy.To answer the problem, this article seek to identify business sectors which has superiority within economy and to formulate the policy needed to develop those sectors. The analysis is done by using Input Output table with baclcward linkage and forward linkage approach. Because of the limited data source, the analysis only from year 2000 until 2005.The output shows that there are 6 (six) sectors which has superiority within economy, that is Chemical Industry, Pesticide Fertilizer Industiy, Other Food industry, Rubber and Pesticide Industry, All-kind of Flour Industry, and Water, Gas and Electricity. For those superior sectors needs to be done a priority program thorugh budget spending policy.
{"title":"ANALISIS SEKTOR-SEKTOR UNGGULAN DALAM MENGGERAKKAN SEKTOR RIIL","authors":"Arti Dyah Woroutami","doi":"10.31685/KEK.V14I1.81","DOIUrl":"https://doi.org/10.31685/KEK.V14I1.81","url":null,"abstract":"External fluctuation happened on global economy could be anticipated by Indonesia Government through a good coordination between fiscal and monetary policy. It is reflected from the Indonesia's positive economic growth on 2009 which reached 4,5 percent. But Indonesia's economic growth acceleration still retained by the low activity on real sector, so worried about the creation ofsustainable economic growth. Regarding that, it needs priority sharpening for sectors which has superiority on motivating the economy.To answer the problem, this article seek to identify business sectors which has superiority within economy and to formulate the policy needed to develop those sectors. The analysis is done by using Input Output table with baclcward linkage and forward linkage approach. Because of the limited data source, the analysis only from year 2000 until 2005.The output shows that there are 6 (six) sectors which has superiority within economy, that is Chemical Industry, Pesticide Fertilizer Industiy, Other Food industry, Rubber and Pesticide Industry, All-kind of Flour Industry, and Water, Gas and Electricity. For those superior sectors needs to be done a priority program thorugh budget spending policy.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115032358","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}