Indonesian Treasury Review: Jurnal Perbendaharaan, Keuangan Negara dan Kebijakan Publik
Vol 6 No 4 (2021): Indonesian Treasury Review: Jurnal Perbendaharaan, Keuangan Negara dan Kebijakan

The pattern of economic growth in Indonesia in comparison with Malaysia and Thailand

Niswatil Mouna (University of Glasgow)



Article Info

Publish Date
31 Dec 2021

Abstract

The pattern of economic growth in Indonesia between 1995 and 2005 was analyzed to determine structural changes that occurred in Indonesia. A hypothetical analysis of Deviation from Proportional Growth was used in this study to better understand the structural change of a country by assuming a virtual economic structure. The author analyzed the Indonesian National Input-Output Table of 1995, 2000, and 2005 extracted from the Asian International Input-Output Table. A comparative study was also conducted for Malaysia and Thailand during the same period. The results revealed a shift away from the agricultural sector towards non-agricultural sectors in Indonesia, Malaysia, and Thailand between 1995 and 2005, confirming the existence of industrialization in these countries. Although the countries had a similar pattern of growth which is contributed mainly by the expansion of export from 1995–2000, the pattern of growth among the three countries was divergent from 2000–2005.

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Journal Info

Abbrev

ITRev

Publisher

Subject

Economics, Econometrics & Finance

Description

Indonesian Treasury Review: Jurnal Perbendaharaan, Keuangan Negara dan Kebijakan Publik (ITRev) merupakan publikasi ilmiah yang memuat hasil penelitian, pengembangan, kajian dan pemikiran di bidang Perbendaharaan, Keuangan Negara, dan Kebijakan Publik. ITRev diterbitkan oleh Direktorat Jenderal ...