The Import Restriction Of Horticultural Product, Domestic Activities, Price Level, And The Welfare  

Oleh:

Winardi, Wisnu

Jenis: Article from Journal - ilmiah nasional - terakreditasi DIKTI
Dalam koleksi: Bulletin of Monetary Economics and Banking (ex: Buletin Ekonomi Moneter dan Perbankan) vol. 16 no. 1 (Jul. 2013), page 19-38.
Topik: import reduction; prices; inflation; CGE; social welfare; income distribution
Fulltext: The Import Restriction of Horticultural Product, Domestic Activities, Price Level, and The Welfare.pdf (611.38KB)

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Perpustakaan Pusat (Semanggi) Nomor Panggil: BB62 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

This paper analyzes the impact of entry ports reduction on horticultural production on the economic activities, prices and also toward social welfare by using the Computable General Equilibrium (CGE) model. The simulation shows that higher import restrictions on horticultural products will not only increase the income factor (at current value), but will also increase the composite prices. The higher effect of the latter leads to social welfare reduction, but on the other hand favors the agriculture household types. This finding shows import restrictions on horticulture products serves as an income redistribution policy instrument. With regard to this, the monetary authority should take into account this issue, especially in order to anticipate the effect of composite price increases, which could lead to the need of extra efforts in managing price stability.

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