The cyclicality of government expenditure in developing country: the case of Indonesia
This paper analyzes the cyclicality and the relationship between government expenditure and output of Indonesia, 1999-2012 using Johansen co-integration test and the error correction model. The results confirm that in the short-run the government expenditure reveals counter-cyclical but pro-cyclical...
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| Format: | Article |
| Language: | English |
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Universitas Islam Indonesia
2014-04-01
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| Series: | Economic Journal of Emerging Markets |
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| Online Access: | http://jurnal.uii.ac.id/index.php/JEP/article/view/3864 |