Resource Allocation, Structural Change, and the Dynamics of Manufacturing Productivity in Indonesia

Chih Hai Yang, Chao Jing Yang, Chung Yueh Chiu, Hsuan Yu Lin

研究成果: 雜誌貢獻期刊論文同行評審

3 引文 斯高帕斯(Scopus)

摘要

This paper analyzes productivity growth and its sources in the Indonesian manufacturing sector during the post-Asian financial crisis period. Based on a plant-level panel dataset over the period 2001–9, we find meager total factor productivity (TFP) growth in this country's manufacturing industries, merely achieving average annual growth of 0.03%, while TFP growth varies significantly across industries. Further decomposition suggests the need to effectively allocate resources across industries in order to promote aggregate productivity. Moreover, aggregate productivity growth coming from the total reallocation effect remains quite low, lending no support to the structural-bonus hypothesis. Overall, TFP growth is mainly contributed by incumbents firms, whereas the contribution by firm mobility was larger in some years.

原文???core.languages.en_GB???
頁(從 - 到)297-327
頁數31
期刊Developing Economies
56
發行號4
DOIs
出版狀態已出版 - 12月 2018

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