Indonesia's Ascent on the Technology Ladder
Capital Stock and Total Factor Productivity in Indonesian Manufacturing, 1975–95
Bibliographic Data
| ID | 8416806 |
|---|---|
| Authors | Marcel P Timmer (0000-0001-6397-4417, Eindhoven University of Technology, corresponding author) |
| Year | 1999 |
| Volume | 35 |
| Issue | 1 |
| Pages | 75-97 |
| Publication date | 1999-04-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Bulletin of Indonesian Economic Studies (JOURNAL) |
| Journal identifiers | ISSN: 0007-4918 • E-ISSN: 1472-7234 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/00074919912331337497 |
| OpenAlex | W2134158012 |
| Language | EN |
| Citations received | 11 |
| References cited | 17 |
This paper presents new capital stock estimates for mium and large-scale manufacturing in Indonesia using the Perpetual Inventory Method. Capital stock grew gradually during 1975-88, at an annual rate of 7.6%, then boomed during 1989-95 at 13.6% per annum. Growth accounting shows that 60% of the rapid growth of manufacturing output during the period 1975-95 was due to capital input growth, 18% to labour input growth and the remaining 22% to total factor productivity (TFP) growth. There is no evidence of a shift of factor inputs towards more efficient industries. TFP growth averaged 3% annually in 1975-95. Performance varied greatly across industries, but the policy changes that have taken effect since 1986 have definitely been beneficial for all industries. Put in an international perspective, however, Indonesia's TFP levels show no signs of catch-up with the world frontier
Agricultural economics · Business · Economic growth · Economics · Economy · Frontier · Geography · Indonesian · Manufacturing · Productivity · Stock (firearms) · Stock exchange · Total factor productivity · Economic Growth and Productivity · Finance · Global trade and economics
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| Unique citing works | 11 |
|---|---|
| Citations per year | 0.42 |
| Citation span | 2000 - 2026 (27) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 9 |