This study aims to determine the impact of tourism to economic growth in Indonesia during 1995 – 2000. Based on quarterly time series data and using VAR model, the study tries to analyze patterns of causal relationship between the growth of tourism (tourism receipts) and economic growth. The...

This research is aimed to oversee best policy to be implemented to rebuild and recover economic activities among small and medium enterprises near Merapi Mountain after its eruption. The SMEs near Merapi Mountain can be characterized as family based industry with some problem in its marketing...

Basel II Accord implicitely demands the usage of the recent statistical approaches to enrich the risk measurement in financial analysis. A widely known aspect in risk analysis today is the Value at Risk. We showed that the conventional VaR measurement regarding to the usage of normality as a...

The paper elaborates some analytical opportunities for econophysics in the implementation of Basel II documents for banking. We see this chances by reviewing some methodologies proposed by the econophysicists in the three important aspects of risk management: the market risk, credit risk, and...