ANALYSIS OF SECTORAL EFFICIENCY AND THE RESPONSE OF REGIONAL POLICY
Keywords:
efficiency, stochastic frontier, productivity, indonesia
Abstract
This paper analyzes the contributon of primary input; capital anda labor, on sectoral performance in Indonesia. The analysis cover sall sectors both in national and regional level, and also the dynamic of input efficiency across period. Using stochastic frontier production function approach, this paper found the aggregate share of capital is 0.20 and 0.34 for labor; conforming the dominance of labor. The highest three technical efficiency is Mining sector (88.65%), Manufacture (70.47%) and Financial (65.93%), while the lowest one is Electric, Gas and Water (25.38%).
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Burns, Arthur F dan Mitchell, Wesley C,1946. Measuring Business Cycle, New York, NBER.
Cecchetti, Stephen G et.al., 2001-2002.Assessing the Sources of Changes in the Volatility of Real Growth, paper on Business Cycle Conference in Sydney, RBA.
Bappenas, 1969 s.d 1999. Dokumen Buku Rencana Pembangunan Lima Tahun (REPELITA), BAPPENAS Jakarta.
Evert, Martin, 2006.Sectoral and Industrial Business Cycles, University of Bern, Germany, MPRA paper No.1176
Harmanta, Bathaluddin M. Barik, Waluyo Jati, 2010 ARIMBI with Imperfect Credibility, Working Paper No. WP/03/2010, Jakarta, Bank Indonesia.
Hong, Kiseok, Lee, Jong-Wha, Tang, Hsiao, Chink, 2009, Crises in Asia: Historical Perspectives and Implications, ABD Economic Working Paper Series No. 152, Asean Development Bank, Manila.
Ligaya Clarita, Majid M Abdul, Rendra Z Idris, 2004, Penyempurnaan Leading Indikator dan Penerapan Markov Switching untuk Mendeteksi Titik balik secara Real Time, SSR-DKM
Nguyen, Toan, 2007, Determinants of Business Cycle Synchronization in East Asia: An Extreme Bound Analysis, Depocen, Kyoto-Japan.
Pindyck, Robert, Rubinfeld, Daniel, 1997, Economic Models and Econometric Forecasts, New York, McGraw-Hill, 4th ed.
Thimann, Christian, 2004, Real Convergence, Economic Dynamics, and the Adoption of the Euro in the New European Union Member States, presentation at the International Monetary Fund Conference in Prague.
Published
2012-03-30
How to Cite
Ikram, M. A., Prasmuko, A., Anugerah, D. F., & Kurniati, I. N. (2012). ANALYSIS OF SECTORAL EFFICIENCY AND THE RESPONSE OF REGIONAL POLICY. Buletin Ekonomi Moneter Dan Perbankan, 14(3), 299-318. https://doi.org/10.21098/bemp.v14i3.406
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Buletin Ekonomi Moneter dan Perbankan / Bulletin of Monetary Economics and Banking is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
