'Perspiration' vs 'Inspiration' in Asian Industrialisation: Indonesia Before the Crisis

Haryo Aswicahyono and Hal Hill

Journal of Development Studies, 2002, vol. 38, issue 3, 138-163

Abstract: This article examines trends in and determinants of total factor productivity (TFP) in 28 manufacturing industries in Indonesia over the period 1975-93. The reforms of the mid-1980s appeared to have resulted in a significant acceleration of TFP growth. Among the inter-industry determinants of TFP growth, trade policy and orientation, domestic competitive pressures and ownership factors are singled out for scrutiny. The trade regime and one measure of domestic competition emerge as consistently important explanatory factors.

Keywords: total factor productivity; TFP growth; Indonesia; trade regime; domestic competition (search for similar items in EconPapers)
Date: 2002
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DOI: 10.1080/00220380412331322381

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