ANALISIS KEJUTAN FAKTOR PENARIK DAN PENDORONG TERHADAP ALIRAN PORTOFOLIO MASUK KE INDONESIA, 2000:Q1 � 2012:Q4
Post global economic crisis period, Indonesia as one of the emerging markets countries has received a lot of capital inflows. The increase of this flows can stimulate economic activity but it also causes macroeconomic fluctuations. This study analyzes the determinants of portfolio inflows to Indones...
Saved in:
Main Authors: | , |
---|---|
Format: | Theses and Dissertations NonPeerReviewed |
Published: |
[Yogyakarta] : Universitas Gadjah Mada
2013
|
Subjects: | |
Online Access: | https://repository.ugm.ac.id/121350/ http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=61435 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Institution: | Universitas Gadjah Mada |
id |
id-ugm-repo.121350 |
---|---|
record_format |
dspace |
spelling |
id-ugm-repo.1213502016-03-04T08:24:27Z https://repository.ugm.ac.id/121350/ ANALISIS KEJUTAN FAKTOR PENARIK DAN PENDORONG TERHADAP ALIRAN PORTOFOLIO MASUK KE INDONESIA, 2000:Q1 � 2012:Q4 , ARYO ALIYUDANTO SUNARYO , Prof. Dr. Insukindro, M.A. ETD Post global economic crisis period, Indonesia as one of the emerging markets countries has received a lot of capital inflows. The increase of this flows can stimulate economic activity but it also causes macroeconomic fluctuations. This study analyzes the determinants of portfolio inflows to Indonesia within push and pull factors framework, using structural cointegrated vector autoregressive, impulse responses function and variance decomposition methods. The result of the impulse responses function shows that the portfolio inflows in the form of bond give positive response to the unexpected changes of budget deficit and domestic output growth, while the portfolio inflows in the form of stocks give positive response to the unexpected changes of foreign output growth, domestic output growth, stock price index and budget deficit. The result of variance decomposition analysis shows that the pull factors, the domestic interest rate and current account balance are the main factors that explain the variation of portfolio inflows in the form of bonds, whereas the domestic interest rate and stock price index are the most dominant variables that explain the variation of portfolio inflows in the form of stocks. [Yogyakarta] : Universitas Gadjah Mada 2013 Thesis NonPeerReviewed , ARYO ALIYUDANTO SUNARYO and , Prof. Dr. Insukindro, M.A. (2013) ANALISIS KEJUTAN FAKTOR PENARIK DAN PENDORONG TERHADAP ALIRAN PORTOFOLIO MASUK KE INDONESIA, 2000:Q1 � 2012:Q4. UNSPECIFIED thesis, UNSPECIFIED. http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=61435 |
institution |
Universitas Gadjah Mada |
building |
UGM Library |
country |
Indonesia |
collection |
Repository Civitas UGM |
topic |
ETD |
spellingShingle |
ETD , ARYO ALIYUDANTO SUNARYO , Prof. Dr. Insukindro, M.A. ANALISIS KEJUTAN FAKTOR PENARIK DAN PENDORONG TERHADAP ALIRAN PORTOFOLIO MASUK KE INDONESIA, 2000:Q1 � 2012:Q4 |
description |
Post global economic crisis period, Indonesia as one of the emerging markets countries has received a lot of capital inflows. The increase of this flows can stimulate economic activity but it also causes macroeconomic fluctuations. This study analyzes the determinants of portfolio inflows to Indonesia within push and pull factors framework, using structural cointegrated vector autoregressive, impulse responses function and variance decomposition methods. The result of the impulse responses function shows that the portfolio inflows in the form of bond give positive response to the unexpected changes of budget deficit and domestic output growth, while the portfolio inflows in the form of stocks give positive response to the unexpected changes of foreign output growth, domestic output growth, stock price index and budget deficit. The result of variance decomposition analysis shows that the pull factors, the domestic interest rate and current account balance are the main factors that explain the variation of portfolio inflows in the form of bonds, whereas the domestic interest rate and stock price index are the most dominant variables that explain the variation of portfolio inflows in the form of stocks. |
format |
Theses and Dissertations NonPeerReviewed |
author |
, ARYO ALIYUDANTO SUNARYO , Prof. Dr. Insukindro, M.A. |
author_facet |
, ARYO ALIYUDANTO SUNARYO , Prof. Dr. Insukindro, M.A. |
author_sort |
, ARYO ALIYUDANTO SUNARYO |
title |
ANALISIS KEJUTAN FAKTOR PENARIK DAN PENDORONG TERHADAP ALIRAN PORTOFOLIO MASUK KE INDONESIA, 2000:Q1 � 2012:Q4 |
title_short |
ANALISIS KEJUTAN FAKTOR PENARIK DAN PENDORONG TERHADAP ALIRAN PORTOFOLIO MASUK KE INDONESIA, 2000:Q1 � 2012:Q4 |
title_full |
ANALISIS KEJUTAN FAKTOR PENARIK DAN PENDORONG TERHADAP ALIRAN PORTOFOLIO MASUK KE INDONESIA, 2000:Q1 � 2012:Q4 |
title_fullStr |
ANALISIS KEJUTAN FAKTOR PENARIK DAN PENDORONG TERHADAP ALIRAN PORTOFOLIO MASUK KE INDONESIA, 2000:Q1 � 2012:Q4 |
title_full_unstemmed |
ANALISIS KEJUTAN FAKTOR PENARIK DAN PENDORONG TERHADAP ALIRAN PORTOFOLIO MASUK KE INDONESIA, 2000:Q1 � 2012:Q4 |
title_sort |
analisis kejutan faktor penarik dan pendorong terhadap aliran portofolio masuk ke indonesia, 2000:q1 � 2012:q4 |
publisher |
[Yogyakarta] : Universitas Gadjah Mada |
publishDate |
2013 |
url |
https://repository.ugm.ac.id/121350/ http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=61435 |
_version_ |
1681231498306387968 |