The domestic resource gap and current transaction deficit in Indonesia in 2010-2014

Palampanga, Anhulaila M.; Hasanuddin, Bakri

doi:10.21511/imfi.14(1-1).2017.13

Cited by 3 publications

(3 citation statements)

References 2 publications

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“…The implementation of Saudi Arabia Vision 2030 is the "first attempt" of the Saudis to reduce oil-revenue associated risks. The persistent of the fiscal deficits is observed by some researchers in Saudi Arabia (Palampanga and Hasanuddin, 2017;IDB, 2017;IMF, 2017). This paper aimed to study the nature of the fiscal deficit in relation to the empirical behaviors of oil prices, domestic resource gaps, and fiscal and external breakeven oil prices as the indicators of the economic sustainability of the OECs in which, to the best of our knowledge, have not been studied in the existing literature.…”

Section: Statement Of the Problemmentioning

confidence: 90%

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Oil Prices, Domestic Resource Gaps, and Breakeven Oil Prices in the Oil-Exporting Countries

et al. 2018

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Summary This paper analyzes the economic impact of the oil prices, the domestic resource gaps, and the fiscal and external breakeven oil prices on the oil exporting countries (OECs). Specifically, this paper aims to examine the empirical behaviors of the oil prices, the domestic resource gaps, and the fiscal and external breakeven oil prices along with their influence on the economy of Saudi Arabia in order to determine the oil-economic gain/loss (OEG/L) and its influences on the Saudi Arabia economy over the period of 2008 to 2018. This study uses exploratory research design, with both linear and nonlinear regression models. This paper finds the oil prices, the domestic resources gaps, and the fiscal and external breakeven oil prices exert significant influences on the economic growth in Saudi Arabia. In addition, the fiscal breakeven oil price is considerably high in Saudi Arabia and has a marginal OEG/L of USD 2.3582 per barrel. Moreover, it is observed that the oil price has an irregular and unpredictable movement behavior and co-moved with the domestic resource gaps in Saudi Arabia. The findings implies that the economy diversification in Saudi Arabia could be achieved by setting policy on improving non-oil sectors and encouraging private sector involvement.

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Section: Statement Of the Problemmentioning

confidence: 90%

“…domestic resource gaps (Palampanga and Hasanuddin, 2017). The domestic resource gap in Saudi Arabia is averaged to 16.89% of the GDP in 2016 (IDB, 2017).…”

Section: Oil Prices Domestic Resource Gaps and Breakeven Oil Pricesmentioning

confidence: 99%

Oil Prices, Domestic Resource Gaps, and Breakeven Oil Prices in the Oil-Exporting Countries

et al. 2018

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“…Therefore, the decline in imports will have a positive impact on the decrease in current account deficit but on the other hand the decline in imports will have a negative impact on the budget deficit or an increase in government budget deficit. Palampanga (2017), conducts a study of the domestic resource gap and current account balance in Indonesia, the 2010-2015 period. The results show that private sector gaps, and the government sector, result in deficits in current accounts.…”

Section: Literature Review and Hypothesesmentioning

confidence: 99%

Factors Affecting Indonesia’s Current Account, 1985-2016

Taqwa¹,

Palampanga²,

Suparman³

et al. 2018

RJOAS

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This study aims to test the three hypotheses include the government budget gap, and savings-investment gap that will impact on the current account balance. The government budget deficit will have a significant impact on the current account balance. Similarly, the deficit in savings-investment will have an impact on the current account deficit. Another variable that may affect the current account balance is the exchange rate of the currency. Depreciation of the domestic currency, for example, will be able to affect export volume increase and import volume decrease. The opposite effect on export and import volume will occur if the currency of a country appreciates. The purpose of this research is to know the effect of government budget gap, saving-investment gap, and rupiah exchange rate on current account balance in Indonesia, using annual data from period 1985-2016. This research applies the multiple linear regression approach.The results of this study, both of test (F-test) and partially (t-test), show that the government budget gap, saving-investment gap, and rupiah exchange rate had a positive and significant impact on Indonesia's current account balance during the period 1985-2016. KEY WORDSGovernment budget gap, saving-investment gap, exchange rate, current account balance.

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The Impact of Domestic Savings Gap on the Current Account Balance in Jordan during the Period (1995-2020)

Arabyat,

Aldabbas,

Abdo

et al. 2023

Wseas Transactions on Business and Economics

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The study aims to demonstrate the role of the domestic savings gap in the Current Account (CA) balance in Jordan, by analyzing the size and development of the domestic savings gap in Jordan. As well as analyzing the role of domestic savings in the CA, and balance in Jordan. Auto Regressive Distributed Lag (ARDL) and Bound Testing methodology were used to measure the short and long-term impact of deficit determinants in the CA of the Jordanian balance of payments. Several results were found in the current study. First, a positive and significant effect of the public savings gap on the CA deficit in Jordan was found during the period 1995 to 2020. Second, a positive and significant effect of the private sector savings gap on the CA in Jordan during the study period. Finally, the government sector’s gap has a greater impact compared to the private sector's gap on the CA in Jordan. The study recommends the necessity of drawing up incentive policies for domestic savings and creating incentives and means that can help increase the mobilization and distribution of savings to finance productive investments to reduce the CA deficit in Jordan.

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The domestic resource gap and current transaction deficit in Indonesia in 2010-2014

Cited by 3 publications

References 2 publications

Oil Prices, Domestic Resource Gaps, and Breakeven Oil Prices in the Oil-Exporting Countries

Oil Prices, Domestic Resource Gaps, and Breakeven Oil Prices in the Oil-Exporting Countries

Factors Affecting Indonesia’s Current Account, 1985-2016

The Impact of Domestic Savings Gap on the Current Account Balance in Jordan during the Period (1995-2020)

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