The Persistency And The Sustainability Of The Indonesia’s Current Account Deficit  

Oleh:

Asmarani, Tuti Eka

Jenis: Article from Journal - ilmiah nasional - terakreditasi DIKTI
Dalam koleksi: Bulletin of Monetary Economics and Banking (ex: Buletin Ekonomi Moneter dan Perbankan) vol. 17 no. 03 (Jan. 2015), page 315-338.
Topik: Current account deficit; random walk; intertemporal budget constraint; unit root; ARDL.
Fulltext: The Persistency And The Sustainability Of The Indonesia's Current Account Deficit.pdf (2.51MB)

Ketersediaan

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

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Isi artikel

This paper is motivated by the current account deficit in Indonesia’s, notably since 2011Q4. The aim of this paper is to test if this deficit is persistent and sustainable. Using stationary and Autoregressive Distributed Lag (ARDL) approach, the result shows the Indonesian current account deficit is persistent for the period of 2011Q4-2014Q1, and is considered to be unsustainable. These two findings call the government to optimize the policy on supporting the export performance, and transport services in particular.

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