PENGARUH INFRASTRUKTUR TERHADAP PERTUMBUHAN EKONOMI INDONESIA
Keywords:
σ-convergence, β-convergence, Solow growth model, income distribution, Gini coefficient, disparity
Abstract
The disparity on per capita income is evident between Java and outside Java in Indonesia. This paper confirms this evidence using σ-convergence statistic. Furthermore, this paper identify the determinant of per capita income by adopting the Solow growth model and β-convergence model. The result emphasize confirms the availability of basic infrastructure including electricity, road and sea transport are a necessary condition to gain high and sustainable growth. In addition, the result shows the existence of β-convergence, which represents the pace of regions with lower per capita income catching up other regions with higher per capita income, in Indonesia with 1,75% speed of convergence; or equivalent with half-life of 41.14 years. Furthermore, the openness will increase the region’s productivity due to higher technology spillover. JEL Classification:Downloads
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References
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Baltagi, B.H., (2005). Econometric Analysis of Panel Data. Chichester: John Wiley & Sons Ltd., 4th edition.
Badan Koordinasi Penanaman Modal, 2011. Indonesia Economic Observation 2011-2012: Membangun Sinergi Untuk Menghadapi Gejolak Ekonomi.
Badan Pusat Statistik, beberapa tahun. Statistik Indonesia.beberapa tahun. Statistik Transportasi.
Bank Indonesia, (2012). Kajian Awal tentang Peran Infrastruktur dalam Pertumbuhan Ekonomi Daerah. Outlook Ekonomi Indonesia edisi Agustus 2012: Box 4.
Barro, R. J., dan X. Sala-i-Martin, (1992). Convergence. Journal of Political Economy, 100, 407-443.
Blundell, R., dan S. Bond, (1998). Initial Conditions and Moment Restrictions in Dynamic Panel Data Models. Journal of Econometrics, 87, 115-143.
Bouayad-Agha, S., dan L. Vedrine, (__). Estimation Strategies for Spatial Dynamic Panel Using GMM. A New Approach to the Convergence Issue of European Regions.
Calderón, C., dan L. Servén (2004). Trends in infrastructure in Latin America. World Bank Policy Research Working Paper 3401.
_, (2006). The Effects of Infrastructure Development on Growth and Income Distribution. Working Paper n. 3400.
Calderón, C. E. Moral-Benito dan L. Servén (2011). Is Infrastructure Capital Productive? A Dynamic Heteregenous Approach, World Bank Policy Research Working Paper 5682
Canning, D., dan P. Pedroni, (2004). The Effect of Infrastructure on Long Run Economic Growth.
Caselli, F., dkk, (1996). Reopening the Convergence Debate: A New Look at Cross-Country Growth Empirics. Journal of Economic Growth.
Demurger, S., (2001). Infrastructure Development and Economic Growth: An Explanation for Regional Disparities in China? Journal of Comparative Economics 29, 95-117.
Efendic, A., dkk, (__). Institutions and Economic Performance: System GMM Modelling of Institutional Effects in Transition.
Egert, B., dkk, (2009). Infrastructure and Growth: Empirical Evidence. OECD Economics Department Working Paper No. 685.
Firdaus, M., dan T. Irawan, (2010). Ekonometrika Untuk Data Panel (Aplikasi EViews dan Stata). Pelatihan di Bank Indonesia, Modul I-II.
Fisher, H., (2010). Introduction to Stata - Lecture 3: Panel Data.
Friedman, M. 1992. Do Old Fallacies Ever Die? Journal of Economics Literature 30, 2129.2132.
International Institute for Management Development, beberapa tahun. World Competitiveness Year Book.
Islam, N., (1995). Growth Empirics: A Panel Data Approach. Quarterly Journal of Economics, 110.
Kementerian Energi dan Sumber Daya Mineral, (2012). Arsip berita pada situs resmi ESDM http://www.esdm.go.id/berita/listrik/39-listrik/5716-lisdes-tingkatkan-rasio-elektrifikasinasional-menjadi-7295.html
Kementerian Koordinator Bidang Perekonomian, 2011. Masterplan Percepatan dan Perluasan Pembangunan Ekonomi Indonesia.
_, 2011. Public Private Partnership Book 2011.
Kodoatie, R.J., (2003). Manajemen dan Rekayasa Infrastruktur. Pustaka Pelajar, Yogyakarta.
Kubis, A., dan L. Schneider, (2012). Human Capital Mobility and Convergence-A Spatial Dynamic Panel Model of the German Regions. IWH Discussion Papers No. 9, Oktober 2012, Halle Institute for Economic Research.
Mankiw, G. N., dkk, (1992). A Contribution to the Empirics of Economic Growth. Quarterly Journal of Economics, 107, 407-437.
Mileva, E., (2007). Using Arellano-Bond Dynamic Panel GMM Estimators in Stata: Tutorial with Examples using Stata 9.0 (xtabond and xtabond2). Economics Department, Fordham University.
Perusahaan Listrik Negara, beberapa tahun. Statistik PLN.
Podrecca, E., dan G. Carmeci, (2004). Education and Growth. A Dynamic Analysis with Panel Data.
Prasetyo, R.B., (2008). Ketimpangan dan Pengaruh Infrastruktur terhadap Pembangunan Ekonomi Kawasan Barat Indonesia (KBI). Departemen Ilmu Ekonomi, Fakultas Ekonomi dan Manajemen, Institut Pertanian Bogor.
_, dan M. Firdaus, (2009). Pengaruh Infrastruktur pada Pertumbuhan Ekonomi Wilayah Indonesia. Jurnal Ekonomi dan Kebijakan Pembangunan, 2(2): 222-236.
Pengaruh Infrastruktur terhadap Pertumbuhan Ekonomi Indonesia 97
Quah, D.T., (1993). Galton’s Fallacy and the Convergence Hypothesis. Scandinavian Journal of Economics 95, 427-443.
Ralhan, M., dan A. Dayanandan, (2005). Convergence of Income Among Provinces in Canada: An Application of GMM Estimation. Econometrics Working Paper EWP0502, Department of Economics, University of Victoria, Canada.
Roodman, D., (2009). How to Do xtabond2: An Introduction to Difference and System GMM in Stata. The Stata Journal (2009), 9, No. 1, pp. 86-136.
Sibarani, M.H.M., (2002). Kontribusi Infrastruktur terhadap Pertumbuhan Ekonomi Indonesia.Tesis Magister Sains. Program Pascasarjana, Universitas Indonesia, Jakarta.
Susantoro, B., dan D. Parikesit, (__). 1-2-3 Langkah: Langkah Kecil yang Kita Lakukan Menuju Transportasi yang Berkelanjutan. Majalah Transportasi Indonesia, Vol. 1, Jakarta, 2004:89-95 dalam S. Aminah: “Transportasi Publik dan Aksebilitas Masyarakat Perkotaan” Jurnal Masyarakat Kebudayaan Dan PolitikVolume 20, Nomor 1:35-52.
Todaro, M.P., dan S.C. Smith, (2006). Pembangunan Ekonomi. Edisi ke-9. Erlangga, Jakarta.
United Nations Conference on Trade and Development, (2012). World Investment Prospect Survey 2012-2014.
United Nations Development Programme, beberapa tahun. Human Development Report.
N. Weil, David (2009). Economic Growth. Second Edition, Pearson Addison Wesley
World Bank, (1994). World Development Report: Infrastructure for Development. Oxford University Press, New York.
World Bank, (2012). Doing Business.
World Economic Forum, beberapa tahun. Global Competitiveness Report.
Wu, Y., (__). Income Disparity and Convergence in China’s Regional Economies. Department of Economics, University of Western Australia.
Yanuar, R., (2006). Kaitan Pembangunan Infrastruktur dan Pertumbuhan Output serta Dampaknya terhadap Kesenjangan di Indonesia. Tesis Magister Sains. Program Pascasarjana IPB, Bogor.
Young, A. T., dkk, (2004). Sigma-Convergence Versus Beta-Convergence: Evidence from U.S. County-Level Data.
Published
2014-12-22
How to Cite
Maryaningsih, N., Hermansyah, O., & Savitri, M. (2014). PENGARUH INFRASTRUKTUR TERHADAP PERTUMBUHAN EKONOMI INDONESIA. Buletin Ekonomi Moneter Dan Perbankan, 17(1), 62-98. https://doi.org/10.21098/bemp.v17i1.44
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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.
