Study of fiscal decentralization, macroeconomic stability and regional growth in Indonesia
DOI:
https://doi.org/10.22437/ppd.v9i3.12157Keywords:
Economic growth, Fiscal decentralization, Macroeconomic stabilityAbstract
Indonesia has been implementing fiscal decentralization since 2001. In theory, fiscal decentralization affected macroeconomic stability and economic growth—this study using data panels at the provincial level from 2010 to 2013. In the relationship between fiscal decentralization and macroeconomic stability with control variable income, significant variables are income to GRDP, GRDP per capita, and population. If control variable expenditure, significant variables are expenditure to GRDP, GRDP per capita, and population. In the model that analyzes fiscal decentralization and economic growth with control variable income, significant variables are income to GRDP, consumption to GRDP, and population. Meanwhile, if control variable expenditure, significant variables are expenditure to GRDP, consumption to GRDP, and population. By using sensitivity analysis, the population variable is a high priority. Therefore stakeholders should treat population variables carefully.
Downloads
References
Adirinekso, G.P. (2001). Faktor-faktor yang mendorong pertumbuhan ekonomi daerah yang optimal dalam era desentralisasi di Indonesia. Jakarta: FE-UI
Arif, B. & Muchlis, I. (2002). Akuntasi Pemerintahan. Jakarta: Salemba Empat Press;
Akai, N. & Masayo, S. (2002). Fiscal Decentralization Contributes to Economic Growth: Evidence From State Level Cross-Section Data for United States. Journal of Urban Economics. 52, 93–108
Aji, T. (2009). Dampak desentralisasi fiskal terhadap inflasi di Jawa Timur. Journal of Economic Education. 3(1), 169-176
Apriesa, L.F. & Miyasto. (2013). Pengaruh Desentralisasi Fiskal Terhadap Pertumbuhan Ekonomi Daerah dan Ketimpangan Pendapatan (Studi Kasus Kabupaten Kota Di Provinsi Jawa Tengah). Diponegoro Journal of Economics, 2(1), 98-109
Anginer, D. & Demirguc-Kunt, A. (2014). Has The Global Banking System Become More Fragile Over Time?. Journal of Financial Stability. 13(C), 202-213
Crook R. & Sverrisson A. (2001). Decentralization and Poverty Alleviation in Developing Countries: A Comparative Analysis, or Is West Bengal Unique? Brighton: Institute of Development Studies
Davoodi, H. & Zou, H.F. (1998). Fiscal Decentralization and Economic Growth: A Cross Country Study. Journal of Urban Economics, 43(2), 244-257
Feltenstein, A. & Shigeru, I. (2005). Decentralization and Macroeconomic Performance in China: Regional Authonomy Has It's Cost. Journal of Development Economics, 76(2), 481-501
Haryanto, J.T. & Ester, S.A. (2009). Desentralisasi Fiskal dan Penciptaan Stabilitas Keuangan Daerah. Kajian Ekonomi dan Keuangan, 13(1), 49-62
Jin, J. & Zou, H.F. (2005). Fiscal Decentralization, Revenue and Expenditure Assignment and Growth in China. Journal of Asian Economics, 16(6), 1047-1064
Manor, J. (1997). The Political Economy of Decentralization. Washington DC: The World Bank
McCullock, N. & Suharnoko. (2003). Decentralization and Poverty in Indonesia. Working Paper. Jakarta: World Bank Office
Muryawan, S.M. & Sukarsa, M. (2016). Pengaruh Desentralisasi Fiskal, Fiscal Stress, dan Kinerja Keuangan Daerah Terhadap Pertumbuhan Ekonomi di Kabupaten/Kota Provinsi Bali. Journal of Economic Development, 5(2), 229-252
Nasution, A. (2004). Stabilitas Sistem Keuangan: Urgensi, Impllkasi Hukum, Dan Agenda Kedepan. Paper of Seminar Pembangunan Hukum Nasional VIII,. 14-18 July 2004. Denpasar;
Oates,W. (1972). Fiscal Federalism. New York: Harcourt Brace Jovanovic;
Pose, A. & Kroijer, A. (2009). Fiscal Decentralization and Economic Growth in Central and Eastern Europe. Journal of Growth and Change, 40(3),
–417
Rakanita, A.M. & Sasana, H. (2012). Kajian Desentralisasi Fiskal Terhadap Inflasi dan Pertumbuhan Ekonomi. JEJAK, 5(1), 60-72
Rustan. (2013). Desentralisasi Fiskal dan Pertumbuhan Ekonomi, serta Kaitannya Dengan Otonomi Daerah. Jurnal Borneo Administrator, 9(3), 284-304
Strauss, J., Beegle, K., Dwiyanto, A., Herawati, Y., Pattinasarany, D., Satriawan, E., Sikoki, B., Sukamdi, & Witoelar, F. (2002). Indonesian Living Standards Three Years After The Crisis: Evidence From The Indonesian Family Life Survey. Final Report. PEG-USAID and World Bank
Suryanto. (2006). Implications of Policy Implementation Fiscal Decentralization and Regional Autonomy Against Central-Regional Financial Relations. Jakarta: STIA-LAN
Sasana, H. (2009). Analisis Dampak Pertumbuhan Ekonomi, Kesenjangan Antar Daerah dan Tenaga Kerja Terserap Terhadap Kesejahteraan di Kabupaten/Kota Provinsi Jawa Tengah dalam Era Desentralisasi Fiskal. Jurnal Bisnis dan Ekonomi, 16(1), 50-69
Sasana, H. (2015). Dampak implementasi desentralisasi fiskal terhadap pertumbuhan ekonomi dan stabilitas harga di provinsi di Indonesia. Media Ekonomi dan Manajemen, 30(1), 1-14
Suprantiningrum, S. (2015). Analisis Kinerja Pengelolaan Keuangan Daerah dan Tingkat Kemandirian Daerah di Era Otonomi Daerah (Studi Kasus Kota Semarang Tahun 2009-2013). Media Ekonomi dan Manajemen, 30(1), 30-40
Tiebout, C.M. (1956). A Pure Theory of Local Expenditures. The Journal of Political Economy, 64(5), 416-424
Tanzi, V. (1995). Fiscal Federalism and Decentralization: A Review of Some Efficiency and Macroeconomic Aspect. Washington DC: World Bank Annual Conference
Usman, U., Sinaga, B.M. & Siregar, H. (2006). Analisis Determinan Kemiskinan Sebelum dan Sesudah Desentralisasi Fiskal. SOCA: Jurnal Sosial Ekonomi Pertanian, 6(3), 1-17
Vazquez, J.M. & M.McNabb, R. (2006). Fiscal Decentralization, Macro stability and Growth. Economics Department and International Studies Program. Andrew Young School of Policy Studies, Georgia State University
Woyanti, N. (2013). Pengaruh Pertumbuhan Ekonomi dan UMP Terhadap Kemiskinan di Jawa Tengah Pra dan Pasca Desentralisasi Fiskal. Media Ekonomi dan Manajemen, 28(2), 28-43
Yuana, A.P. (2014). Analisis Kinerja Keuangan Daerah Terhadap Pertumbuhan Ekonomi Dan Ketimpangan Regional Di Era Desentralisasi Fiskal (Studi Kabupaten/Kota Di Provinsi Jawa Timur Periode 2008-2012). Jurnal Ilmiah Mahasiswa FEB Universitas Brawijaya, 2(2)
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2021 Joko Tri Haryanto, Rita Helbra Tenrini
This work is licensed under a Creative Commons Attribution 4.0 International License.
