EN
The Impact of Government’s Foreign Debt on Fiscal Sustainability of Indonesia
Abstract
The aim of the research is to analyze the impact of government’s foreign debt on fiscal sustainability (FS) of Indonesia in 1979-2016. The model used in this research is a simultaneous equation model with the method of two stage least square. The simultaneous equation model regression results indicate that government foreign debt, FS which derives from the reduced-form equation and primary balance has a significant impact on the growth of economy in Indonesia positively. Government foreign debt lag and interest rate of Central Bank of Indonesia have a negative impact and it is significant toward the FS of Indonesia. However, the economic growth which comes from reduced form affect positively and have a significant impact on the FS of Indonesia.
Keywords
Details
Primary Language
English
Subjects
-
Journal Section
-
Authors
Yohanes Maria Vianey Mudayen
This is me
Publication Date
September 1, 2017
Submission Date
September 1, 2017
Acceptance Date
-
Published in Issue
Year 1970 Volume: 7 Number: 3
APA
Mudayen, Y. M. V. (2017). The Impact of Government’s Foreign Debt on Fiscal Sustainability of Indonesia. International Journal of Economics and Financial Issues, 7(3), 746-751. https://izlik.org/JA44XA95XK
AMA
1.Mudayen YMV. The Impact of Government’s Foreign Debt on Fiscal Sustainability of Indonesia. IJEFI. 2017;7(3):746-751. https://izlik.org/JA44XA95XK
Chicago
Mudayen, Yohanes Maria Vianey. 2017. “The Impact of Government’s Foreign Debt on Fiscal Sustainability of Indonesia”. International Journal of Economics and Financial Issues 7 (3): 746-51. https://izlik.org/JA44XA95XK.
EndNote
Mudayen YMV (September 1, 2017) The Impact of Government’s Foreign Debt on Fiscal Sustainability of Indonesia. International Journal of Economics and Financial Issues 7 3 746–751.
IEEE
[1]Y. M. V. Mudayen, “The Impact of Government’s Foreign Debt on Fiscal Sustainability of Indonesia”, IJEFI, vol. 7, no. 3, pp. 746–751, Sept. 2017, [Online]. Available: https://izlik.org/JA44XA95XK
ISNAD
Mudayen, Yohanes Maria Vianey. “The Impact of Government’s Foreign Debt on Fiscal Sustainability of Indonesia”. International Journal of Economics and Financial Issues 7/3 (September 1, 2017): 746-751. https://izlik.org/JA44XA95XK.
JAMA
1.Mudayen YMV. The Impact of Government’s Foreign Debt on Fiscal Sustainability of Indonesia. IJEFI. 2017;7:746–751.
MLA
Mudayen, Yohanes Maria Vianey. “The Impact of Government’s Foreign Debt on Fiscal Sustainability of Indonesia”. International Journal of Economics and Financial Issues, vol. 7, no. 3, Sept. 2017, pp. 746-51, https://izlik.org/JA44XA95XK.
Vancouver
1.Yohanes Maria Vianey Mudayen. The Impact of Government’s Foreign Debt on Fiscal Sustainability of Indonesia. IJEFI [Internet]. 2017 Sep. 1;7(3):746-51. Available from: https://izlik.org/JA44XA95XK