FISCAL EFFECTIVENESS UNDER REGIONAL ECONOMIC INTEGRATION: INDONESIAN AGRICULTURAL PERFORMANCE CASE
Abstract This paper investigates the effectiveness of fiscal policy in boosting agricultural sector performance and seeks the most effective policy in the presence of regional economic integration. It predicts the effectiveness of fiscal policy on the agricultural sector performance in four period...
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| Format: | Article |
| Language: | English |
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Universitas Islam Indonesia
2013-04-01
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| Series: | Economic Journal of Emerging Markets |
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| Online Access: | https://journal.uii.ac.id/JEP/article/view/3676 |
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| author | Nasrudin Nasrudin Bonar M Sinaga Muhammad Firdaus Dedi Walujadi |
| author_facet | Nasrudin Nasrudin Bonar M Sinaga Muhammad Firdaus Dedi Walujadi |
| author_sort | Nasrudin Nasrudin |
| collection | DOAJ |
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Abstract
This paper investigates the effectiveness of fiscal policy in boosting agricultural sector performance and seeks the most effective policy in the presence of regional economic integration. It predicts the effectiveness of fiscal policy on the agricultural sector performance in four periods; the new order regime, the economic crisis, and pre and post China Free Trade Area (CAFTA). It also predicts the impact of fiscal policy on agricultural sector performance when CAFTA is fully implemented. It finds that fiscal policy is more effective in the optimum allocation of expenditures. It also finds that the agricultural sector can grow faster when the portion of capital expenditure increases.
Keywords: Fiscal effectiveness, economic integration, agriculture
JEL Classification Numbers: E62, F15, Q17
Abstrak
Makalah ini menyelidiki efektivitas kebijakan fiskal dalam mendorong kinerja sektor pertanian dan mencari kebijakan yang paling efektif dengan adanya integrasi ekonomi regional. Makalah ini memprediksi efektivitas kebijakan fiskal dalam meningkatkan kinerja sektor pertanian dalam empat periode; rezim orde baru, krisis ekonomi, sebelum pelaksanaan China Free Trade Area (CAFTA), dan setelah pelaksanaan CAFTA. Makalah ini juga memprediksi dampak kebijakan fiskal terhadap kinerja sektor pertanian saat CAFTA sepenuhnya dilaksanakan. Hasil analisis menemukan bahwa kebijakan fiskal lebih efektif dalam alokasi optimal dari pengeluaran. Analisis juga menemukan bahwa sektor pertanian dapat tumbuh lebih cepat ketika porsi peningkatan belanja modal meningkat.
Keywords: Efektivitas fiskal, integrasi ekonomi, pertanian
JEL Classification Numbers: E62, F15, Q17
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| format | Article |
| id | doaj-art-4a60f95b7af94d99b7525434cf1b3f6a |
| institution | Kabale University |
| issn | 2086-3128 2502-180X |
| language | English |
| publishDate | 2013-04-01 |
| publisher | Universitas Islam Indonesia |
| record_format | Article |
| series | Economic Journal of Emerging Markets |
| spelling | doaj-art-4a60f95b7af94d99b7525434cf1b3f6a2025-08-20T04:03:17ZengUniversitas Islam IndonesiaEconomic Journal of Emerging Markets2086-31282502-180X2013-04-0151FISCAL EFFECTIVENESS UNDER REGIONAL ECONOMIC INTEGRATION: INDONESIAN AGRICULTURAL PERFORMANCE CASENasrudin Nasrudin0Bonar M Sinaga1Muhammad Firdaus2Dedi Walujadi3Institute of Statistics (STIS), BPS-Statistics Indonesia, JakartaFaculty of Economics and Management, Bogor Agricultural UniversityFaculty of Economics and Management, Bogor Agricultural UniversityBPS-Statistics Indonesia, Jakarta Abstract This paper investigates the effectiveness of fiscal policy in boosting agricultural sector performance and seeks the most effective policy in the presence of regional economic integration. It predicts the effectiveness of fiscal policy on the agricultural sector performance in four periods; the new order regime, the economic crisis, and pre and post China Free Trade Area (CAFTA). It also predicts the impact of fiscal policy on agricultural sector performance when CAFTA is fully implemented. It finds that fiscal policy is more effective in the optimum allocation of expenditures. It also finds that the agricultural sector can grow faster when the portion of capital expenditure increases. Keywords: Fiscal effectiveness, economic integration, agriculture JEL Classification Numbers: E62, F15, Q17 Abstrak Makalah ini menyelidiki efektivitas kebijakan fiskal dalam mendorong kinerja sektor pertanian dan mencari kebijakan yang paling efektif dengan adanya integrasi ekonomi regional. Makalah ini memprediksi efektivitas kebijakan fiskal dalam meningkatkan kinerja sektor pertanian dalam empat periode; rezim orde baru, krisis ekonomi, sebelum pelaksanaan China Free Trade Area (CAFTA), dan setelah pelaksanaan CAFTA. Makalah ini juga memprediksi dampak kebijakan fiskal terhadap kinerja sektor pertanian saat CAFTA sepenuhnya dilaksanakan. Hasil analisis menemukan bahwa kebijakan fiskal lebih efektif dalam alokasi optimal dari pengeluaran. Analisis juga menemukan bahwa sektor pertanian dapat tumbuh lebih cepat ketika porsi peningkatan belanja modal meningkat. Keywords: Efektivitas fiskal, integrasi ekonomi, pertanian JEL Classification Numbers: E62, F15, Q17 https://journal.uii.ac.id/JEP/article/view/3676Fiscal effectivenesseconomic integrationagriculture |
| spellingShingle | Nasrudin Nasrudin Bonar M Sinaga Muhammad Firdaus Dedi Walujadi FISCAL EFFECTIVENESS UNDER REGIONAL ECONOMIC INTEGRATION: INDONESIAN AGRICULTURAL PERFORMANCE CASE Economic Journal of Emerging Markets Fiscal effectiveness economic integration agriculture |
| title | FISCAL EFFECTIVENESS UNDER REGIONAL ECONOMIC INTEGRATION: INDONESIAN AGRICULTURAL PERFORMANCE CASE |
| title_full | FISCAL EFFECTIVENESS UNDER REGIONAL ECONOMIC INTEGRATION: INDONESIAN AGRICULTURAL PERFORMANCE CASE |
| title_fullStr | FISCAL EFFECTIVENESS UNDER REGIONAL ECONOMIC INTEGRATION: INDONESIAN AGRICULTURAL PERFORMANCE CASE |
| title_full_unstemmed | FISCAL EFFECTIVENESS UNDER REGIONAL ECONOMIC INTEGRATION: INDONESIAN AGRICULTURAL PERFORMANCE CASE |
| title_short | FISCAL EFFECTIVENESS UNDER REGIONAL ECONOMIC INTEGRATION: INDONESIAN AGRICULTURAL PERFORMANCE CASE |
| title_sort | fiscal effectiveness under regional economic integration indonesian agricultural performance case |
| topic | Fiscal effectiveness economic integration agriculture |
| url | https://journal.uii.ac.id/JEP/article/view/3676 |
| work_keys_str_mv | AT nasrudinnasrudin fiscaleffectivenessunderregionaleconomicintegrationindonesianagriculturalperformancecase AT bonarmsinaga fiscaleffectivenessunderregionaleconomicintegrationindonesianagriculturalperformancecase AT muhammadfirdaus fiscaleffectivenessunderregionaleconomicintegrationindonesianagriculturalperformancecase AT dediwalujadi fiscaleffectivenessunderregionaleconomicintegrationindonesianagriculturalperformancecase |