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The Impact of Indonesian Political Reform on Public Goods Provision; Market Efficiency; Security, Law and Order; and Political Participation

Author

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  • Muliadi Widjaja

    (Department of Economics, Faculty of Economics, University of Indonesia)

Abstract

The purpose of this paper is to observe how the changes of political regime, fiscal decentralization, degree of openness in Indonesia after the 1998 political turbulence affect the economic institution and public goods provision. Because available time series data are limited, estimation on individual country parameter is obtained by applying panel data regional convergence method. The findings are that, while the changes of political settings from dictatorial to democracy worsen economic institution in Indonesia, it does not change the public goods provision in Indonesia.

Suggested Citation

  • Muliadi Widjaja, 2013. "The Impact of Indonesian Political Reform on Public Goods Provision; Market Efficiency; Security, Law and Order; and Political Participation," Working Papers in Economics and Business 201305, Faculty of Economics and Business, University of Indonesia, revised Apr 2013.
  • Handle: RePEc:lpe:wpecbs:201305
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    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;

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