The Impact of Oil Price to Indonesian Macroeconomics Indicators : Pre and Post Asian Crisis
国際協力研究誌 23 巻 1・2 号
103-118 頁
2017-03-01 発行
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この文献の参照には次のURLをご利用ください : https://doi.org/10.15027/42502
| ファイル情報(添付) | |
| タイトル ( eng ) |
The Impact of Oil Price to Indonesian Macroeconomics Indicators : Pre and Post Asian Crisis
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| 作成者 |
Luthfi Ahmad
Senevirathne Chathuri
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| 収録物名 |
国際協力研究誌
Journal of International Development and Cooperation
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| 巻 | 23 |
| 号 | 1・2 |
| 開始ページ | 103 |
| 終了ページ | 118 |
| 抄録 |
This study is aimed to investigate the impact of oil price in several measures (Linear, Volatility and Non Linear) to Indonesian macroeconomic variables, pre and post the Asian financial crisis and examine the role of fuel subsidy to cushion the harmful effects. Vector Autoregression (VAR) model was employed to analyzed the impact and it shown that the impact in macroeconomics variables in post crisis was worse than pre crisis. Moreover, the result also revealed that fuel subsidy could be one of factors mitigating the harmful effects in pre-crisis. However, the role seems did not exist in post-crisis even the government provided nine-folds fuel subsidy than pre-crisis. The policy implication of this research is that the government should reform fuel subsidy policy to be a sustainable policy which considering economy, social and also environmental effect.
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| 著者キーワード |
Oil Price
Macroeconomics
Vector Autoregression
Sustainability
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| 内容記述 |
The authors thank to Ministry of Energy and Mineral Resources Republic of Indonesia by providing doctoral scholarship and The Setsutaro Kobayashi Memorial Fund (Fuji Xerox) which afford research fund for this study.
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| NDC分類 |
経済 [ 330 ]
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| 言語 |
英語
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| 資源タイプ | 紀要論文 |
| 出版者 |
広島大学大学院国際協力研究科
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| 発行日 | 2017-03-01 |
| 権利情報 |
Copyright (c) 2017 Graduate School for International Development and Cooperation Hiroshima University. 本紀要の一部・全部を問わず、著作権者（広島大学大学院国際協力研究科）の文章による許諾なしに複写・翻訳することを禁じます。
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| 出版タイプ | Version of Record（出版社版。早期公開を含む） |
| アクセス権 | オープンアクセス |
| 収録物識別子 |
[ISSN] 1341-0903
[NCID] AN10482914
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