The role of capital inflow through saving-investment framework: the case of Indonesia

Pencarian berdasarkan :

SEMUA Pengarang Subjek ISBN/ISSN Pencarian Spesifik

Pencarian terakhir:

Image of The role of capital inflow through saving-investment framework: the case of Indonesia

Text

The role of capital inflow through saving-investment framework: the case of Indonesia

Hasanah, Rufita Sri - Nama Orang;

As major developing countries have limited domestic saving to generate capital accumulation, capital inflow plays substantial role to provide external financing. Several landmark literatures provide an empirical evidence that capital inflow contributed to the acceleration of economic growth through technology transfer, enhanced innovation, and capital accumulation. This research examines the role of capital inflow for the case of Indonesia using saving-investment relationship with quarterly data from 2000 to 2018. This study is comprised of three parts to measure the pattern of capital inflow in overall period, pre-global financial crisis, and post-crisis. Building on previous literature, this study will contribute to fill the gaps in existing literatures by employing error correction model (ECM) based on saving-investment framework of Feldstein-Horioka. This study found that over the whole sample period and post-crisis, both domestic saving and national saving in short-run, established low significant coefficient which signify high capital mobility, while in the long-run, domestic investment and saving have one-to-one relationship, which does not necessarily imply low capital mobility. The result on the pre-crisis period suggested that domestic saving and domestic investment is not statistically correlated for both short-run and long-run as there is not enough evidence to reject null hypothesis. This study confirms the growth theory model that suggests saving will be equal to investment in the steady state condition and the imbalance of saving and investment will be only transitory

Ketersediaan

Tidak ada salinan data

Informasi Detail

Judul Seri: Jurnal Perencanaan Pembangunan: The Indonesian Journal of Development Planning
No. Panggil: 338.9 Jur
Penerbit: Jakarta : Bapennas., 2020
Deskripsi Fisik: p. 1-26
Bahasa: English
ISBN/ISSN: 2598-0807
Klasifikasi: 338.9
Tipe Isi: text
Tipe Media: -
Tipe Pembawa: -
Edisi: Vol. 4 No. 1 (2020)
Subjek: ECONOMIC DEVELOPMENT AND GROWTH
ECONOMIC DEVELOPMENT
Info Detail Spesifik: -
Pernyataan Tanggungjawab: -

Versi lain/terkait

Tidak tersedia versi lain

Lampiran Berkas

Artikel
Other Resource Link

Komentar

Anda harus masuk sebelum memberikan komentar