Skripsi
PENGARUH INVESTASI PEMERINTAH TERHADAP UTANG PEMERINTAH DAN DAMPAKNYA TERHADAP FISCAL SUSTAINABILITY DI INDONESIA TAHUN 1993-2022.
The need for large development spending often becomes an obstacle in the Government's budget, so that it has to face budget deficit conditions and look for other sources of financing. Financing through debt is one way to cover the budget deficit and for national development. However, debt will become a budget burden in the coming year because it needs to be paid back with predetermined interest. High investment needs and the use of debt as a source of financing are risks for the Government in fiscal sustainability. This research uses annual time series data from 1993 - 2022 in Indonesia. To analyze the influence of Government investment on Government debt and analyze fiscal sustainability, the author uses the Two Stage Least Square (2SLS) method and the Fiscal Reaction Function approach. The results of the research on the first equation are that primary balance, government investment and interest rates have a significant effect on government debt. Which means that increasing public investment will reduce the government debt ratio. In the second equation, the exchange rate shows results that are not significant to the primary balance, while inflation and economic growth show results that are significant to the primary balance. Based on the primary balance, it is known that fiscal conditions in Indonesia, 1993 - 2022 can be said to be sustainable.
Inventory Code | Barcode | Call Number | Location | Status |
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2407000413 | T137782 | T1377822024 | Central Library (Referens) | Available |
No other version available