INSTRUMEN KEBIJAKAN MAKROEKONOMI DALAM MEMPENGARUHI OUTPUT:SUATU ANALISIS APLIKASI ST. LOUIS EQUATION DI INDONESIA

Yunisvita, Yunisvita (2013) INSTRUMEN KEBIJAKAN MAKROEKONOMI DALAM MEMPENGARUHI OUTPUT:SUATU ANALISIS APLIKASI ST. LOUIS EQUATION DI INDONESIA. Jurnal Ekonomi Pembangunan, 11 (2). pp. 111-128. ISSN 1829-5843

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Abstract

One of the indicator that measures the ability of a country is output, therefore, to increase and to stabilize the output for countries that have a mixed system, which is the government plays an important role in economy. Government has (/ role 10 make policy called macroeconomic policy, macroeconomic policy is divided into two: monetary policy and fiscal policy . Nowadays there are differences opinion between the monetarists and the fiscalist wherein each theorists believe that the policies they believe is more effective iii" increasing output. The purpose ofthis stud), is to see which policy IS more effective in indonesia with St.Louis Equation applicatioan. Data used is the money supply ( M2 ) as 0 rool ofmonetary policy, government spending (C) as a tool offiscal policy, and the Gross Domestic Product (CDP ) as a measure ofoutput . The analytical method used is using ordinary leISI sCjugre method and produce (/ good estimation results with the classical assumption. The result shows that the monetary (lI1dfiscal policy are significant and positive affect output, the effect of fiscal policy is more effective in the long term in indonesia. Model estimation does 110t contravene the classic assumption except autocorrelation and con be overcome by transforming the model by using the scheme AR

Item Type: Article
Uncontrolled Keywords: Macroeconomic Policy M2, C, GUlP1/,SI Louis Equation
Subjects: H Social Sciences > HB Economic Theory > HB1-3840 Economic theory. Demography
Divisions: Faculty of Computer Science > 55201-Informatics (S1)
Depositing User: Muchtar Indana
Date Deposited: 11 Nov 2019 11:13
Last Modified: 11 Nov 2019 11:13
URI: http://repository.unsri.ac.id/id/eprint/14538

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