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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 3 Biodiesel policy impact on Indonesian macroeconomic performance

From: Economic impacts of biodiesel policy in Indonesia: a computable general equilibrium approach

Macroeconomic variables

Percentage change (%)

Simulation 1

Simulation 2

Balance of trade/GDP

0.023

 − 0.122

Terms of trade

 − 0.127

 − 0.734

Average capital rental

0.004

 − 0.112

Consumer price index

0.026

0.120

Average real wage

0.096

0.200

Real GDP from expenditure side

0.058

0.103

Real household consumption

0.018

0.151

Import volume index

 − 0.195

 − 0.196

Aggregate real investment expenditure

0.017

0.145

Export volume index

0.064

 − 0.105

Aggregate real government demand

0.038

0.211

  1. Source: Author’s calculation