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Pengaruh Infrastruktur Terhadap Pertumbuhan Ekonomi Indonesia

Author

Listed:
  • Novi Maryaningsih
  • Oki Hermansyah
  • Myrnawati Savitri

    (Bank Indonesia)

Abstract

The disparity on per capita income is evident between Java and outside Java in Indonesia. This paper confirms this evidence using ?-convergence statistic. Furthermore, this paper identify the determinant of per capita income by adopting the Solow growth model and ?-convergence model. The result emphasize confirms the availability of basic infrastructure including electricity, road and sea transport are a necessary condition to gain high and sustainable growth. In addition, the result shows the existence of ?-convergence, which represents the pace of regions with lower per capita income catching up other regions with higher per capita income, in Indonesia with 1,75% speed of convergence; or equivalent with half-life of 41.14 years. Furthermore, the openness will increase the region’s productivity due to higher technology spillover.

Suggested Citation

  • Novi Maryaningsih & Oki Hermansyah & Myrnawati Savitri, 2014. "Pengaruh Infrastruktur Terhadap Pertumbuhan Ekonomi Indonesia," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 17(1), pages 1-38, July.
    • Handle: RePEc:idn:journl:v:17:y:2014:i:1c:p:1-38
    DOI: https://doi.org/10.21098/bemp.v17i1.44
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    Citations

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    Cited by:

    1. Muhammad Halley Yudhistira & Yusuf Sofiyandi, 2018. "Seaport status, port access, and regional economic development in Indonesia," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 20(4), pages 549-568, December.
    2. Galih Pramono & Waris Marsisno, 2018. "Availability of Infrastructure for Poverty Reduction in Indonesia: Spatial Panel Data Analysis," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 64, pages 157-180, Desember.
    3. Didit Welly UDJIANTO & Joko SUSANTO & PURWIYANTA, 2019. "Infrastructure, Employment And Income Convergence," Romanian Journal of Economics, Institute of National Economy, vol. 49(2(58)), pages 50-61, December.
    4. Mutiara Fahmi & Sahara & Yeti Lis Purnamadewi, 2020. "The Impact of Disparity in Infrastructure Development on Aceh’s Economic Performance: An Inter-Provincial Analysis," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 66, pages 141-156, Desember.
    5. Muhammad Halley Yudhistira & Yusuf Sofyandi, 2016. "Seaport Status, Access, and Regional Development in Indonesia," Working Papers in Economics and Business 201601, Faculty of Economics and Business, University of Indonesia, revised May 2016.
    6. Tengku Citra Nisa Farza & Andri Zainal, 2018. "How the Government Quality can Help Boosting Infrastructure Investment and Economic Growth? A Closer Look at Indonesia’s Practice," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 8(7), pages 542-553, July.
    7. Muhammad Hidayat & Nasri Bachtiar & Sjafrizal Sjafrizal & Elvina Primayesa, 2022. "Does Investment and Energy Infrastructure Influence Convergence in Sumatra Island, Indonesia?," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 274-281, July.

    More about this item

    Keywords

    ?-convergence; ?-convergence; Solow growth model; income distribution; Gini coefficient; disparity;
    All these keywords.

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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