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Journal : Journal of Indonesian Economy and Business

EXPORTS AND ECONOMIC GROWTH; A COMPARISON BETWEEN INDONESIA AND SINGAPORE Swasono, Yudo; Sulistyaningsih, Endang
Journal of Indonesian Economy and Business Vol 4, No 1 (1989): April
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

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Abstract

Much empirical evidence suggest that countries with high growth export ratestend to enjoy a high economic growth. Increasing the volume of exports directlyincreases national income through a national income equation. A recent theorysuggests that exports increase national income indirectly through spill over effectsthat improve income and reduction costs.  This paper attempts to investigate the role of exports in explaining the growth of the economy, both directly and indirectly, in two countries Singapore and Indonesia, following the economics model developed by Feder, 1982, based on the framework anlysis developed by previous authors in these fields (Michalopoulos and Jay, 1973 and Balasa, 1978). The paper starts by presenting a short description of the economic background of Indonesia and Singapore (in section 2). Section 3 discusses the anlytical framework and economerics models used in this investigation, and section 4 presents the empirical analysis and comparison of the results in this two cases.
Co-Authors Agus Budi Setiawan, Agus Budi Amalia T Sakya Anto Rimbawanto Ari Setiyaningrum Arif Wibowo AYPBC Widyatmoko, AYPBC Azis Purwantoro Aziz Purwantoro Bambang Hendro Sunaminto Bambang Hendro Sunarminto Benito Heru Purwanto Dharmayanti, Krisna Dharmayanti, Krisna Didik Indradewa Eka Tarwaca Susila Putra, Eka Tarwaca Susila Eko Hanudin Elizani, Prahesti ENDANG PUDJIHARTATI Fenti Effendi Hardiansyah, Arizal Nur Hardiansyah, Arizal Nur Harper, Stephen Harper, Stephen Hartati, Dwi Hidayat Pujisiswanto Ika Rahmawati Indah Permanasari khusnul khotimah Kori Yati, Kori Kurniasih, Budiastuti Kurniasih, Budiastuti Lucitasari, Dyah Rachmawati Maria Marina Herawati Muhammad Anshar Murrinie, Endang Dewi Murrinie, Endang Dewi Muryasani, Ayu Ainullah Nasrullah Nasrullah Nopen Simamora Nugroho, Joko Budi Santoso Nugroho, Joko Budi Santoso Nursyaifuloh ", Nursyaifuloh Pangestuti, Retno Prakoso, Dhimas Ikhsan Prakoso, Tangguh Prapto Yudono Prisiska, Fahjar Prisiska, Fahjar Priyono Suryanto Purwanto, Benito Heri Puspita, Andin PUTRI WULANDARI Rajiman Rajiman Rani Agustina Wulandari, Rani Agustina Rini Rosliani Rivandi Pranandita Putra, Rivandi Pranandita Safitri, Wiji Safitri, Wiji Siti Subandiyah Sri Lestari, Rohimah Handayani STEFANY DARSAN, STEFANY Suci Handayani, Suci Sulistio, Margo Suryaningndari, Damar Suryaningndari, Damar Susila Putra, Eka Tarwaca Suwarto Suwarto SUWIJIYO PRAMONO Syahri, Muhammad Taryono Taryono Taufiq Hidayat Tohari Tohari Tuhuteru, Sumiyati Tuhuteru, Sumiyati Wibowo, dan Arif Wijoyo, Rachmanto Bambang Yudo Swasono