바로가기메뉴

본문 바로가기 주메뉴 바로가기

ACOMS+ 및 학술지 리포지터리 설명회

  • 한국과학기술정보연구원(KISTI) 서울분원 대회의실(별관 3층)
  • 2024년 07월 03일(수) 13:30
 

logo

Domestic Government Debt and Economic Growth in Indonesia: An empirical analysis

융합경영연구 / The Journal of Economics, Marketing and Management, (E)2288-7709
2017, v.5 no.1, pp.27-37
https://doi.org/https://doi.org/10.20482/jemm.2017.5.1.27
Bukit, Alexander Romarino (Department of Economics, Bogor Agricultural University at Bogor)
Anggraeni, Lukytawati (Department of Economics, Bogor Agricultural University at Bogor)
  • 다운로드 수
  • 조회수

Abstract

Domestic government debt securities is one of the steps which is taken by the government of Indonesia as a major source of financial budget, covering for the budget deficit, debt payments and interest debt. The purposes of this research are to know the development of budget deficits, government debt and impact of domestic government debt securities against economic growth in Indonesia. Method of analysis used Ordinary Least Squares (OLS) analyzing the impact of the domestic debt against economic growth in Indonesia. This research uses time series data from 1997 to 2014. Total government debt and domestic government debt securities in Indonesia increased during the last five years. The average of domestic government securities was above 50 percent of the total government debt. Estimated results showed domestic government debt securities has a positive and significant effect to economic growth. Official development assistance (ODA) has a negative effect to economic growth. Other variables such as the gross fixed capital formation and receipt of remittance have positive and significant effect, total imports and government expenditure have negative and significant effect against economic growth.

keywords
Domestic Government Debt Securities, Economic Growth, Official Development Assistance, Ordinary Least Square

융합경영연구