Industrialization and deindustrialization in Indonesia

Richard Grabowski · Sharmistha Self

15 citations0/0 files storedAsia & the Pacific Policy Studies

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Economic Theory and Policy Global trade and economics Economic Growth and Productivity

Abstract

Abstract This paper argues that rising food staple prices can pose a significant barrier to the growth of labour‐intensive manufacturing by raising real wage rates. This is important because an expanding manufacturing sector has both comparative static and dynamic effects on labour productivity growth. The experience of Indonesia is used to illustrate these ideas.

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References

1954Economic Development with Unlimited Supplies of Labour 2015Premature deindustrialization 1961A theory of economic development.2006The food problem and the evolution of international income levels 2015Routledge Handbook of Industry and Development 2018Manufacturing matters…but it’s the jobs that count 2002Suharto: a political biography 2012Economic growth and poverty reduction in Indonesia before and after the asian financial crisis

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