Rekans se E-NKRI sekalian,

Bagi yang masih ingin banyak tahu apa yang menjadi visi DR. Armida Alisjahbana 
mengenai NKRI .. silahkan untuk mendownload di 

http://www.equitablepolicy.org/wpaper/200905.pdf

Artikel baru dipublikasikan di bulan Juli 2009 .. jadi masih hangat .. ;) 
Salam E-NKRI yang akan adil & makmur berdasarkan Pancasila & UUD45 ..

HM

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Revisiting Indonesia’s Sources of Economic Growth and Its Projection 
Towards 2030

Armida S. Alisjahbana ([email protected]) 
Additional contact information 

No 200905, Working Papers in Economics and Development Studies (WoPEDS) from 
Department of Economics, Padjadjaran University 

Abstract: This paper revisits Indonesia’s sources of economic growth using the 
Growth Accounting Framework with education adjusted employment for period 
1971-2007. The study estimates contribution of growth in capital stock, human 
capital and Total Factor Productivity (TFP) during the period before and after 
the crisis. TFP played positive but minor role in Indonesia’s economic growth 
before the crisis. Growth in capital stock had been the main driver, 
attributing between 50-70% of growth. Growth in human capital accounted for 
another 30%. The pattern of sources of growth has changed substantially post 
crisis. TFP growth has played a more significant role, whereas capital stock 
growth has been increasing but at a meager pace. Human capital has consistently 
contributed about 30% to the overall growth. The roles of capital stock growth, 
human capital growth and TFP have been on a more equal footing after 
post-crisis. If this trend persists, it will
 have profound implication on the driver of Indonesian economy’s growth in the 
future and its trajectory projection towards 2030. 

Keywords: Economic growth; Total Factor Productivity; Indonesia 2030 (search 
for similar items in EconPapers)
JEL-codes: E37 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eff, nep-fdg, nep-mac and 
nep-sea
Date: Written 
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