CAPITAL FORMATION AND CAPITAL STOCK IN INDONESIA, 1950-2008

被引：8

作者：

van der Eng, Pierre ^{[1
]}

机构：

[1] Australian Natl Univ, Canberra, ACT 0200, Australia

来源：

BULLETIN OF INDONESIAN ECONOMIC STUDIES | 2009年 / 45卷 / 03期

关键词：

D O I：

10.1080/00074910903301662

中图分类号：

K9 [地理];

学科分类号：

0705 ;

摘要：

This article presents long-term estimates of gross fixed capital formation, disaggregated by category of productive assets, for the period 1951-2008. These data, combined with approximations of probable average asset lives and a plausible asset retirement procedure, are used in a perpetual inventory method framework to estimate gross fixed capital stock in Indonesia for the years 1950-2008, disaggregated by productive asset category. Total capital stock grew significantly from the late 1960s, at about 10% per year, until the 1997-98 economic crisis. The high capital-output ratio in 1997 suggests that a significant part of Indonesia's rapid economic growth during the 1990s was due to capital accumulation.

引用

页码：345 / 371

页数：27