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Dampak Krisis Global Terhadap Perekonomian Daerah: Aplikasi Model Computable General Equilibrium Di Maluku

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  • Andi M. Alfian Parewangi

    (Economic Department University of Indonesia)

Abstract

This paper analyzes the global crisis impact on regional economy in Indonesia. Using the multi-region and multi-sector Computable General Equilibrium model, the result shows the magnitude of theimpact depends on each provincial global shock exposure. In general, the capital intensive and the tradablesector 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.

Suggested Citation

  • Andi M. Alfian Parewangi, 2009. "Dampak Krisis Global Terhadap Perekonomian Daerah: Aplikasi Model Computable General Equilibrium Di Maluku," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 11(4), pages 1-21, April.
    • Handle: RePEc:idn:journl:v:11:y:2009:i:4:p:1-21
    DOI: https://doi.org/10.21098/bemp.v11i4.343
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    More about this item

    Keywords

    Global crisis; regional; Computable General Equilibrium; Maluku;
    All these keywords.

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies

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