Replication package for "The fiscal buffer illusion: subsidy in the denominator and the measurement of sovereign exposure to Indonesia's electricity utility"

Replication package for the article "The fiscal buffer illusion: subsidy in the denominator and the measurement of sovereign exposure to Indonesia's electricity utility", submitted to Utilities Policy.The package rebuilds every table, figure and equation in the article and its supplementary material, and holds the checks that tie the construction to its sources.Contents data/ panels extracted by hand from audited statements, plus a golden set config/ the specification: channels, weights, normalization bounds, shock calibration src/ the model scripts/ the pipeline, 24 analysis steps, and the document builders outputs/ every produced table and figure, including 26 supplementary tables tests/ seven gate files holding 149 tests docs/ replication instructions, source registers and working notes manuscript/ the Markdown sources and the figures the documents are built from MANIFEST.txt SHA-256 digest of every file in the archiveTo reproduce python -m pip install -e ".[dev]" python scripts/run_all.pyThat single command runs the analysis steps in order, then the 149 gates, then two alignment checks that verify the manuscript, the supplementary material and the repository still agree with one another. It was last run from a clean extract of this archive and completed with every gate passing.What is not includedThe source documents themselves. They are public, but they belong to their issuers, and this package does not redistribute them. Every figure used in the analysis is traced to a document and, where one exists, to a page, in outputs/supplementary/S29_source_coverage.csv. Of 360 series-years, 209 are read from an audited document with a page reference, 119 are carried from the source workbook without a page of their own, and 32 do not exist.LicenceMIT for the code, CC BY 4.0 for the data and documentation. See LICENSE in the archive.