文章基本信息

标题：Determinants of Inflation in the Local Economy
本地全文：下载
作者：Jaka Sriyana ; Jaka Sriyana
期刊名称：Etikonomi
印刷版ISSN：1412-8969
电子版ISSN：2461-0771
出版年度：2018
卷号：17
期号：1
页码：1-10
DOI：10.15408/etk.v17i1.7146
语种：English
出版社：Universitas Islam Negeri Syarif Hidayatullah Jakarta
摘要：This research analyzes the determinants of inflation rate in the local economy. It uses co-integration and vector error correction to capture the long and short run relationship between inflation rate and other economic variables. We find that the determinants of inflation rate in Yogyakarta are minimum wage, economic growth, and monetary variables indicated by BI-rate. More finding, exchange rate also contributes to the price change. This research finds evidence of long-run causality between minimum wage and inflation and unidirectional relationship from wage to inflation in the short run. This finding confirms the proposition of non-neutrality wage on price changes. The inflation rate in the local economy depends not only on the regional indicator but also depends on international changes reflected in the exchange rate. Monetary variable indicated by BI- rate also partially contributes to the price changes at the local level. Overall, the local government has successfully managed the price changes.
其他摘要：Penelitian ini menganalisis faktor-faktor penentu tingkat inflasi dalam perekonomian lokal. Penelitian ini menggunakan pendekatan kointegrasi dan model koreksi keslaahan untuk mengungkap hubungan jangka panjang dan jangka pendek antara tingkat inflasi den
关键词：inflation;co-integration;adaptive;monetary;exchange rate
其他关键词：inflasi;kointegrasi;adaptif;moneter;nilai tukar