Indonesian government shows big commitment on the improvement of infrastructure which is reflected in some regulations and policies. It is supported by many empirical evidences that show the importance of infrastructure improvement on economic performance. In this paper, we develop a CGE model...

Java-Bali power system dominates the national installed capacity and will contribute to about 76% of the national CO2 emissions from the electricity sector in the future. Thus, minimizing CO2 emission from the Java-Bali system can help Indonesia to reduce the national CO2 emissions level. We...

The aim of this paper is to develop an econometric model of deforestation in Indonesia using time series analysis based on the annual data from 1961 to 2000. From the model, we should be able: (i) To examine the forces of agricultural and timber sectors to forest decline; (ii) To distinguish the...

This paper aims to compare changes in the competitive position of China and ASEAN-4 (Indonesia, Malaysia, Singapore and Thailand) as exporters of manufactured goods to the US market between 1994 and 2001. Both static and dynamic shift-share models are employed to the 2-digit ISIC 3 of...

The global financial crisis triggered by the credit crisis in the USA as its epicenter,quickly spread across the globe. The crisis starts spreading around the world in the middle of 2007 and along the 2008, where stock markets in major economies fell, followed by collapses of large companies and...

This paper revisits Indonesia’s sources of economic growth using the Growth Accounting Framework with education adjusted employment for period 1971-2007. The study estimates contribution of growth in capital stock, human capital and Total Factor Productivity (TFP) during the period before and...

The development in forecasting techniques has been quite significant, which is indicated by the evolution on how researchers perceive characteristics of financial data. The researchers used to employ mean in their prediction model, but nowadays they tend to employ variance in developing the...

Both practitioners and academicians demand a linkage model across financial markets, particularly among regional capital markets, for both risk management and portfolio selection purposes. Researchers frequently use co-integration and causality analysis in investigating the dependence or...

This paper attempts to investigate and clarify previous studies on market liquidity measurement, which involve Bid-Ask Spread, Trading Frequency, and Liquidity Ratio variables. To strengthen our findings, we employ Volatility Models of ARCH and GARCH, as well as JSX daily, weekly, and monthly...

Migration is an unavoidable problem for economic development in third world countries. Indonesia is an archipelagic country with high viscosity of its population’s internal migration. Over flooding wave of internal migration from periphery region to the core of growth poles increases the...