PENDEKATAN KESEIMBANGAN JANGKA PANJANG NILAITUKAR MATA UANG RUPIAH TERHADAP DOLAR AMERIKA (1973-1997)
The aims of this paper is to test Purchasing Power Parity for Indonesian currency to US dollar. The analysis used in this article is the long run equilibrium with cointegrated test approach.The result show that almost all variable in this model are stasionair in the first degree, but both variable s...
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Muhammadiyah University Press
2017
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| author | Rahayu, Siti Aisyah Tri |
| author_facet | Rahayu, Siti Aisyah Tri |
| author_sort | Rahayu, Siti Aisyah Tri |
| collection | OJS |
| description | The aims of this paper is to test Purchasing Power Parity for Indonesian currency to US dollar. The analysis used in this article is the long run equilibrium with cointegrated test approach.The result show that almost all variable in this model are stasionair in the first degree, but both variable s and p not cointegrated for the absolut PPP. The estimated result show that Pj=l hypothesis is not hold during 1974.4 -1998.3 period. In the other hand, cointegrated test for the variable dst and dpt in the relative PPP is cointegrated and the estimation result show that the Relative PPP and the Cochrane-orcutt model PPP is hold for Indonesia, except for the period when Indonesia had fixed exchange rates during 1974.4 -1986.3 period. |
| format | UMS Journal (OJS) |
| id | oai:ojs2.journals.ums.ac.id:article-4036 |
| institution | Universitas Muhammadiyah Surakarta |
| language | eng |
| publishDate | 2017 |
| publisher | Muhammadiyah University Press |
| record_format | ojs |
| spelling | oai:ojs2.journals.ums.ac.id:article-4036 PENDEKATAN KESEIMBANGAN JANGKA PANJANG NILAITUKAR MATA UANG RUPIAH TERHADAP DOLAR AMERIKA (1973-1997) Rahayu, Siti Aisyah Tri Purchasing Power Parity; cointegrated test; stasionarity The aims of this paper is to test Purchasing Power Parity for Indonesian currency to US dollar. The analysis used in this article is the long run equilibrium with cointegrated test approach.The result show that almost all variable in this model are stasionair in the first degree, but both variable s and p not cointegrated for the absolut PPP. The estimated result show that Pj=l hypothesis is not hold during 1974.4 -1998.3 period. In the other hand, cointegrated test for the variable dst and dpt in the relative PPP is cointegrated and the estimation result show that the Relative PPP and the Cochrane-orcutt model PPP is hold for Indonesia, except for the period when Indonesia had fixed exchange rates during 1974.4 -1986.3 period. Muhammadiyah University Press 2017-05-02 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://journals.ums.ac.id/index.php/JEP/article/view/4036 10.23917/jep.v5i2.4036 Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan; Vol 5, No 2 (2004) : JEP Desember 2004; 119-134 2460-9331 1411-6081 eng https://journals.ums.ac.id/index.php/JEP/article/view/4036/2604 Copyright (c) 2017 Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan https://creativecommons.org/licenses/by/4.0 |
| spellingShingle | Purchasing Power Parity; cointegrated test; stasionarity Rahayu, Siti Aisyah Tri PENDEKATAN KESEIMBANGAN JANGKA PANJANG NILAITUKAR MATA UANG RUPIAH TERHADAP DOLAR AMERIKA (1973-1997) |
| title | PENDEKATAN KESEIMBANGAN JANGKA PANJANG NILAITUKAR MATA UANG RUPIAH TERHADAP DOLAR AMERIKA (1973-1997) |
| title_full | PENDEKATAN KESEIMBANGAN JANGKA PANJANG NILAITUKAR MATA UANG RUPIAH TERHADAP DOLAR AMERIKA (1973-1997) |
| title_fullStr | PENDEKATAN KESEIMBANGAN JANGKA PANJANG NILAITUKAR MATA UANG RUPIAH TERHADAP DOLAR AMERIKA (1973-1997) |
| title_full_unstemmed | PENDEKATAN KESEIMBANGAN JANGKA PANJANG NILAITUKAR MATA UANG RUPIAH TERHADAP DOLAR AMERIKA (1973-1997) |
| title_short | PENDEKATAN KESEIMBANGAN JANGKA PANJANG NILAITUKAR MATA UANG RUPIAH TERHADAP DOLAR AMERIKA (1973-1997) |
| title_sort | pendekatan keseimbangan jangka panjang nilaitukar mata uang rupiah terhadap dolar amerika 1973 1997 |
| topic | Purchasing Power Parity; cointegrated test; stasionarity |
| topic_facet | Purchasing Power Parity; cointegrated test; stasionarity |
| url | https://journals.ums.ac.id/index.php/JEP/article/view/4036 |
| work_keys_str_mv | AT rahayusitiaisyahtri pendekatankeseimbanganjangkapanjangnilaitukarmatauangrupiahterhadapdolaramerika19731997 |