State Government Revenue Vulnerability Index and Local Government Revenue Vulnerability Index

Abstract

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Local Government Revenue Vulnerability Index in Indonesia: A Study of Local Government in Indonesia in The Covid-19 Pandemic

“…LGRVI measures the vulnerability of government revenues by estimating monthly changes relative to the January 2020 baseline [4]. Setting the baseline for January 2020 is due to the start of the pandemic in America so this requires adjustments for Indonesia by using the average monthly income before the pandemic.…”

“…LGRVI can be used as a first step in identifying regional financial vulnerabilities by identifying which local governments whose revenue streams are most vulnerable to the impact of the pandemic [4]. This LGRVI output can then be converted into spatial data which will show the mapping of the level of income vulnerability of various local governments in Indonesia.…”