The Impact of Government’s Foreign Debt on Fiscal Sustainability of Indonesia

Yohanes Maria Vianey MUDAYEN

Makale detayları

The Impact of Government’s Foreign Debt on Fiscal Sustainability of Indonesia

Yazarlar:

Yohanes Maria Vianey MUDAYEN

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2017 Vol.7 Issue 3, pp.746-751

Belge Tipi:

Makale

Yayın Tarihi:

8/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000811749

Sıklık:

İki Aylık

eISSN:

2146-4138

Özet:

 

The aim of the research is to analyze the impact of government’s foreign debt on fiscal sustainability (FS) of Indonesia in 1979-2016. The model used in this research is a simultaneous equation model with the method of two stage least square. The simultaneous equation model regression results indicate that government foreign debt, FS which derives from the reduced-form equation and primary balance has a significant impact on the growth of economy in Indonesia positively. Government foreign debt lag and interest rate of Central Bank of Indonesia have a negative impact and it is significant toward the FS of Indonesia. However, the economic growth which comes from reduced form affect positively and have a significant impact on the FS of Indonesia.

Makale detayları

The Impact of Government’s Foreign Debt on Fiscal Sustainability of Indonesia

Yazarlar: Yohanes Maria Vianey MUDAYEN

Yayıncı: İlhan ÖZTÜRK

Dergi: International Journal of Economics and Financial Issues 2017 Vol.7 Issue 3, pp.746-751

Belge Tipi: Makale

Yayın Tarihi: 8/2017

Belge Dili: Türkçe

Document ID (Org No.): 2000811749

Sıklık: İki Aylık

eISSN: 2146-4138

Sayı

Yazarlar:

Yohanes Maria Vianey MUDAYEN

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2017 Vol.7 Issue 3, pp.746-751

Belge Tipi:

Makale

Yayın Tarihi:

8/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000811749

Sıklık:

İki Aylık

eISSN:

2146-4138