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Impact of the Global Crisis on Regional Economies: The Application of CGE Model for Province Maluku

Parewangi, Andi M. Alfian - ;

This paper analyzes the global crisis impact on regional economy in Indonesia. Using the multiregion and multi-sector Computable General Equilibrium model, the result shows the magnitude of the impact depends on each provincial global shock exposure. In general, the capital intensive and the tradable sector face higher activity reduction. A specific simulation is designed for Province Maluku. The result shows that an increase of labour productivity is capable to reduce the global crisis impact and increase the production activity hence the labour participation. However, the increase of the aggregate demand in Province Maluku has put a higher inflation pressure mainly for the commodities supplied from other provinces. This requires a higher effort of the provincial government of Maluku to increase their sectoral capacity utilization.


Ketersediaan

Call NumberLocationAvailable
BEMP1104PSB lt.dasar - Pascasarjana1
PenerbitJakarta: Bank Indonesia, Direktorat Riset Ekonomi dan Kebijakan Moneter 2009
EdisiVol. 11, No. 4, Apr., 2009
SubjekGlobal crisis
Regional
Computable general equilibrium
Maluku.
ISBN/ISSN14108046
KlasifikasiNONE
Deskripsi Fisik22 p.
Info Detail SpesifikBulletin of Monetary Economics and Banking
Other Version/RelatedTidak tersedia versi lain
Lampiran Berkas
  • Impact of the Global Crisis on Regional Economies: The Application of CGE Model for Province Maluku

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