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Sebuah Model Pemasokan (Supply) dan Ekonomi Minyak dan Gas Bumi untuk Indonesia

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  • Widjajono Partowidagdo

    (Centre of Energy Research and Lecturer, Bandung institute of Technology, Bandung)

Abstract

The central goal of this study was to estimate the potential of Indonesia's basins to continue to provide income to the country. Specific objectives were : 1. Build a model that estimates how the level of efforts by the contractors in a basin will vary as physical properties, government's tax rate and hydrocarbon prices vary. The basic assumption underlying the model is that a contractor adapts his efforts in an attempt to maximize his discounted profit. 2. Use the model to analyze the impact of the Government's tax policy in each Indonesian basin. The Model consists of three submodels: discovery, development and economics. The main program uses these three submodels iteratively to determine optimum investment, which gives maximum net revenue for the contractors, as a function of tax rate and hydrocarbon price for each basin in Indonesia.

Suggested Citation

  • Widjajono Partowidagdo, 1988. "Sebuah Model Pemasokan (Supply) dan Ekonomi Minyak dan Gas Bumi untuk Indonesia," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 36, pages 65-86, Maret.
    • Handle: RePEc:lpe:efijnl:198803
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    Keywords

    Supply; tax; economy; development; policy;
    All these keywords.

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