PENGARUH INFRASTRUKTUR TERHADAP PERTUMBUHAN EKONOMI INDONESIA

Novi Maryaningsih (), Oki Hermansyah () and Myrnawati Savitri ()
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Myrnawati Savitri: Bank Indonesia

Bulletin of Monetary Economics and Banking, 2014, vol. 17, issue 1, 62-98

Abstract: The disparity on per capita income is evident between Java and outside Java in Indonesia. This paper confirms this evidence using ?-convergence statistic. Furthermore, this paper identify the determinant of per capita income by adopting the Solow growth model and ?-convergence model. The result emphasize confirms the availability of basic infrastructure including electricity, road and sea transport are a necessary condition to gain high and sustainable growth. In addition, the result shows the existence of ?-convergence, which represents the pace of regions with lower per capita income catching up other regions with higher per capita income, in Indonesia with 1,75% speed of convergence; or equivalent with half-life of 41.14 years. Furthermore, the openness will increase the region’s productivity due to higher technology spillover.

Keywords: ?-convergence; ?-convergence; Solow growth model; income distribution; Gini coefficient; disparity (search for similar items in EconPapers)
JEL-codes: O11 O18 O47 R11 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:idn:journl:v:17:y:2014:i:1c:p:62-98

DOI: 10.21098/bemp.v17i1.44

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