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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 62-98, July.
    • Handle: RePEc:idn:journl:v:17:y:2014:i:1c:p:62-98
    DOI: https://doi.org/10.21098/bemp.v17i1.44
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    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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