IDEAS home Printed from https://ideas.repec.org/a/phs/prejrn/v29y1992i2p251-263.html
   My bibliography  Save this article

Macroeconomic Adjustment and Private Investment in Indonesia in the Eighties

Author

Listed:
  • Danny Hutabarat

    (Universitas Kristen Indonesia)

Abstract

A marked pattern in the adjustment process in the 1980s has been the inability of many developing countries to sustain investment rate. The same goes for Indonesia. Changes in policy during the period 1981-1988 in Indonesia have lowered the total amount of capital formation. To assess the impact of those policy changes whose impact can in fact be quanti?ed, a simple model of Indonesia’s private investment behavior has been developed which is essentially a variant of the ?exible accelerator model adapted to incorporate some of the policy variables expected to affect Indonesia’s private investment during the adjustment process. More specifically, this study concentrated on government’s investment policies from a macroeconomic point of view. The results show that the government’s policies had a marked impact on private investment behavior in Indonesia during the sample period. In other words, changes in government policy are responsible for Indonesia’s private investment behavior during the eighties.

Suggested Citation

  • Danny Hutabarat, 1992. "Macroeconomic Adjustment and Private Investment in Indonesia in the Eighties," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 29(2), pages 251-263, December.
    • Handle: RePEc:phs:prejrn:v:29:y:1992:i:2:p:251-263
    as

    Download full text from publisher

    File URL: http://pre.econ.upd.edu.ph/index.php/pre/article/view/157/707
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:phs:prejrn:v:29:y:1992:i:2:p:251-263. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: RT Campos (email available below). General contact details of provider: https://edirc.repec.org/data/seupdph.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.