Recent Developments in Indonesia’s Macro-economy and Trade, Q1-2018

Febrio Kacaribu, Alvin Ulido Lumbanraja, Mohamad Revindo (), Syahda Sabrina (), Zehan Pricilia and Yeremia Natanael
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Alvin Ulido Lumbanraja: Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia
Zehan Pricilia: Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia
Yeremia Natanael: Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia

Economics and Finance in Indonesia, 2018, vol. 64, 1-24

Abstract: This paper discusses Indonesia’s macroeconomic and trade development in the first quarter of 2018. The macroeconomic data shows that the industrial growth was inhibited by regulatory regime inconsistency, while consumption growth still lagged overall GDP growth, and investment growth tended to rise. The trade data shows that the non-oil-and-gas commodities dominated its export, although the commodities’ terms-of-trade declined. Indonesia’s imports were mostly used as raw and auxiliary materials for the input of domestic production. The data also reveals that the larger the firms, the stronger tendency that they have comparative advantage in capital-intensive commodities, and vice versa

Keywords: macroeconomic policy; growth; trade development; terms-of-trade, small and medium-sized enterprises (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:lpe:efijnl:201801

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