@article{oai:iuj.repo.nii.ac.jp:00000463,
 author = {Budiyono, Agus and 加藤, 竜太 and Budiyono, Agus and Kato, Ryuta Ray},
 journal = {Economics & Management Series},
 month = {Dec},
 note = {We numerically examine the impact of the actually implemented reduction policy of the subsidy to the petroleum sector by using a static CGE model with the latest input-output table of Indonesia of year 2008. Our simulation results indicate that the Indonesian economy suffered from the actually implemented policy with a welfare loss of 28,417.78 billion rupiah even with the conversion policy. Furthermore, the proposed future reduction policy by the Ministry of Finance would unavoidably result in a welfare loss even when the government continues the current conversion policy. However, our simulation results also suggest that a new future conversion policy with a slightly additional subsidy to the LPG sector would eventuate in completely offsetting the negative effect of the proposed plan on the future welfare with an expanding government expenditure.},
 title = {Should Indonesia Suffer from More Reduction of the Subsidy to the Petroleum Sector?},
 year = {2011},
 yomi = {カトウ, リュウタ}
}