Issue |
E3S Web Conf.
Volume 73, 2018
The 3rd International Conference on Energy, Environmental and Information System (ICENIS 2018)
|
|
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Article Number | 10016 | |
Number of page(s) | 2 | |
Section | Green Economic and Development | |
DOI | https://doi.org/10.1051/e3sconf/20187310016 | |
Published online | 21 December 2018 |
Effect of Globalization on Inflation Rate in Indonesia
1 Ph.D Student in Economics, Diponegoro University, Indonesia
2 Department of Economic Development, Teuku Umar University, Meulaboh, Indonesia
3 Department of Economics, Diponegoro University, Indonesia
* Corresponding author: firmansyah@live.undip.ac.id
The study examines the influence of globalization and global output equivalence to inflation in Indonesia, through supply and demand goods and services. The study also proves the Philips curve on relationship between the unemployment and inflation in the scheme of the effect of global economic on domestic. By using time series data and regression model of global and domestic data, the estimation results of the study shows that the global output play a role direct and indirectly to the domestic output and inflation.
Key words: globalization / global output / inflation
© The Authors, published by EDP Sciences, 2018
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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