Household Welfare Cost of the Indonesian Macroeconomic Crisis

Jacinto Fabiosa, Helen H. Jensen () and Dong Yan

No 19311, 2005 Annual meeting, July 24-27, Providence, RI from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: A theoretically consistent incomplete demand system is estimated to quantify the cost of the 1997 microeconomic crisis. Welfare cost per person was $128, which translates to $26.12 billion total cost. This amount is equivalent to agriculture’'s GDP contribution, and sufficient to pay for Indonesia'’s total annual government budget.

Keywords: Consumer/Household Economics (search for similar items in EconPapers)
Date: Written
View list of references

Downloads: (external link)
http://purl.umn.edu/19311 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:ags:aaea05:19311

Access Statistics for this paper

More papers in 2005 Annual meeting, July 24-27, Providence, RI from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Contact information at EDIRC.
Series data maintained by AgEcon Search ().