The Profile of Pekalongan as a Center of Economic Growth at Tangkallangka Strategic Areas

This study aims to analyze leading sectors, economic interactions and development strategies of Pekalongan as center of economic growth at Tangkallangka Strategic Areas. Data used in this research are primary and secondary ones. Methods used for data collection are interviews, questionnaries and documentation. Data are then analyzed using Location Quotient (LQ), Growth Ratio Model (GRM), Overlay, Gravity, and SWOT Analysis. The results show that Pekalongan has some leading sectors which have competitive and comparable potentials in infrastructures, trades and finances. Pekalongan has the greatest spatial interaction with Batang. Aggressive strategies are used in developing Pekalongan. Keywords: Regional Development, Growth Center, Klassen Typological Analysis, JEL Classifications: B22; D60 ; O1

Mundell-Fleming Model: The Effectiveness of Indonesia’s Fiscal and Monetary Policies

This study examines the fiscal and monetary policy in Indonesia using the Mundell-Fleming model. The main objective of this study was to determine which policies are effective between fiscal and monetary policies of the national income in Indonesia because Indonesia is a small open economy with not perfect capital mobility. The analysis technique used is Two Stage Least Square (TSLS)  by using secondary data base on International Financial Statistics, 2000.I – 2014.II . The research result is monetary policy is more effective than the fiscal policy in which monetary policy multiplier at 0.0028 greater than fiscal policy multiplier 0.001316. The results are consistent with the theory of the Mundell-Fleming.</p