 Did Better Firms Enter the Indonesian Manufacturing Sector after the 1997-98 Crisis?Bulletin of Indonesian Economic Studies, 2014, vol. 50, issue 3, 371-391 Abstract: Motivated by a concern that Indonesia is on the path to deindustrialisation, this article uses data from 1991 to 2009 to examine whether there were differences in the characteristics of entrants to the Indonesian manufacturing sector before and after the 1997-98 Asian financial crisis. It finds that entrants after the crisis were larger or less dependent on credit than their predecessors, suggesting that they were more resilient to economic shocks. Yet entrants after the crisis exported relatively less than their predecessors. Meanwhile, productivity levels were the same before and after the crisis, indicating that entrants were able to match the productivity level of incumbents. Contrary to the concerns about deindustrialisation, these characteristics may simply reflect a dynamic that resulted in better or more resilient firms entering the industry after the crisis. Date: 2014 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:bindes:v:50:y:2014:i:3:p:371-391 Ordering information: This journal article can be ordered from DOI: 10.1080/00074918.2014.980379 Access Statistics for this article Bulletin of Indonesian Economic Studies is currently edited by Firman Witoelar Kartaadipoetra, Arianto Patunru, Robert Sparrow, Sarah Xue Dong and Sean Muir More articles in Bulletin of Indonesian Economic Studies from Taylor & Francis Journals |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.