Konvergensi di Indonesia, Beberapa Temuan Awal dan Implikasinya

  • Yusuf Wibisono Fakultas Ekonomi dan Bisnis Universitas Indonesia
Keywords: Konvergensi, Indonesia, Convergence, Regional per Capita Income

Abstract


Recently convergence of regional per capita income has been a frequent object of regional studies as well as the case of Indonesia. However, different methods often yield different results therefore we ty to choose the appropriate methods. Rather alpha-convergence, we use theil index to analyze regional disparity and found that regional convergence in Indonesia does not appear to be a simple monotonic process, but seems to vary over time and hence requires explanation. From here, we suggest that the use of long-term interval in regression of beta-convergence analysis will destroy the relationship among variables. The use of least square methods only suitable for absolute beta-convergence analysis. We conclude that the most appropriate methods for conditional beta-convergence are instrumental methods. As an alternative one, we suggest panel-data methods.We found that the convergence rate in Indonesia is slow at 1,59 percent per year over 1975-2000. With conditional convergence analysis, we found that the difference on growth rate can be explained systematically by a set of explanatory variables. The inclusion of these variables makes the convergence rate become faster which is 3,91 percent per year. Most of this variables are under controlled by government. In summary, we conclude that government policies have significant influence for rapid and sustainable regional economic growth. 

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Author Biography

Yusuf Wibisono, Fakultas Ekonomi dan Bisnis Universitas Indonesia
The Author would like to thank to Dwi Endah Abriningrum and Teguh Dartanto for helpful comments and supporting the data

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Published
2003-01-01
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How to Cite
Wibisono, Y. (2003). Konvergensi di Indonesia, Beberapa Temuan Awal dan Implikasinya. Jurnal Ekonomi Dan Pembangunan Indonesia, 3(2), 139-153. https://doi.org/10.21002/jepi.v3i2.622
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