International Journal of Economics, Science, and Education (IJESE)
Vol. 2 No. 3 (2025): International Journal of Economics, Science, and Education (IJESE)

Theoretical Perspectives on Goods Market Equilibrium and Market Structure in The Indonesian Economy

Ilmiyah, Alfiyatun (Unknown)
Pratama, Devangga Putra Adhitya (Unknown)
Arifin, Syamsul (Unknown)
Aprilia, Novita (Unknown)



Article Info

Publish Date
25 Jun 2025

Abstract

Purpose: This study examines theoretical perspectives on goods market equilibrium and links them to the heterogeneous market structure of the Indonesian economy to develop an integrated analytical framework. Design/methodology/approach: Hybrid systematic–scoping literature review following PRISMA guidelines and synthesizes macroeconomic and industrial organization theories through thematic coding and narrative analysis. Findings: The Indonesian’s good market equilibrium is structurally mediated by sectoral market concentration, pricing power, and regulatory arrangements, which influence output adjustment and fiscal policy transmission. Research limitations/implications: The study relies on literature synthesis without primary empirical testing, indicating the need for future quantitative research integrating concentration measures into macroeconomic models. Practical implications: The results suggest that policymakers should incorporate market structure considerations into fiscal and competition policies to improve economic stability and policy effectiveness. Originality/value: This study offers an integrative framework that bridges macroeconomic equilibrium theory with industrial organization analysis in the Indonesian context. Paper type: Literature review.

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Journal Info

Abbrev

ijese

Publisher

Subject

Economics, Econometrics & Finance Social Sciences Other

Description

nternational Journal of Economics, Science, and Education (IJESE) is a bi-monthly peer-reviewed open access academic journal dedicated to publishing high-quality scientific papers in all disciplines, one of which includes social sciences, educational economics and other fields of knowledge. The aim ...