Abstract
This study aims to identify the impact of the fiscal stimulus instrument choices on the economy, and to formulate policy options appropriate with the fiscal stimulus in boosting the economy, especially on economic growth, employment, and household income. The analysis tools is Applied General Equilibrium Model for Fiscal Policy Analysis (AGEFIS) using the Social Accounting Matrix database (SAM) of Indonesia in 2005. The simulation results show that (i) fiscal stimulus provide a boost to economic growth, employment, and household income, but on the other hand have a potential to cause an increase in price, (ii) government spending and cutting taxes on goods are the choice of instrument stimulus policies that provide the greatest multiplier effect in promoting economic growth, employment and household income.
Bahasa Abstract
Studi ini bertujuan untuk mengidentifikasi dampak dari pilihan instrumen stimulus fiskal terhadap perekonomian, dan merumuskan pilihan kebijakan stimulus fiskal yang tepat dalam mendorong perekonomian khususnya terhadap pertumbuhan ekonomi, kesempatan kerja, dan pendapatan rumah tangga. Alat analisis yang digunakan adalah model Applied General Equilibrium for Fiscal Policy Analysis (AGEFIS) dengan menggunakan basis data Social Accounting Matrix (SAM) Indonesia tahun 2005. Hasil simulasi menunjukkan bahwa (i) kebijakan stimulus fiskal mampu memberikan dorongan terhadap pertumbuhan ekonomi, kesempatan kerja, dan pendapatan rumah tangga namun di sisi lain diperkirakan berpotensi menyebabkan peningkatan harga-harga, (ii) instrumen pengeluaran pemerintah dan pemotongan pajak atas barang komoditas merupakan pilihan instrumen kebijakan stimulus yang memberikan dampak pengganda paling besar dalam mendorong pertumbuhan ekonomi, kesempatan kerja, dan pendapatan rumah tangga.
References
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Recommended Citation
Wardhana, Wisynu and Hartono, Djoni
(2012)
"Instrumen Stimulus Fiskal: Pilihan Kebijakan dan Pengaruhnya terhadap Perekonomian,"
Jurnal Ekonomi dan Pembangunan Indonesia: Vol. 12:
No.
2, Article 2.
DOI: 10.21002/jepi.v12i2.02
Available at:
https://scholarhub.ui.ac.id/jepi/vol12/iss2/2
