The Determinants of Non-oil Industry Industrialization in Indonesia
- 발행기관 아주대학교
- 발행년도 2014
- 제출일 2014-19-06
- 학위수여년월 2014. 8
- 학위명 석사
- 학과 국제대학원 국제통상학과
- 실제URI http://www.dcollection.net/handler/ajou/000000017288
- 본문언어 영어
- 저작권 아주대학교 논문은 저작권에 의해 보호받습니다.
초록/요약
Industrialization is a hallmark for modern economic growth and development. That is why, Indonesia concerns to develop industrial sector. This research examines the determinants of non-oil industry industrialization in Indonesia. We use the number of employment in manufacturing as a performance indicator of industrialization. Gross domestic product, export and labor productivity in non-oil industry sector as factors determine industrialization. Quarterly log-differenced data covering 2004 – 2013 was utilized. We applied the unit root test for the stationarity of the data, and found all data non-stationary at level I (I) and stationary at first difference I (0). From the vector autoregression estimates, we found that export (EX), labor productivity (LP) and gross domestic product (GDP) are significant determinants of industrialization (EI). Granger-Causality test shows GDP Granger-causes EI. But export and labor productivity (LP) does not Granger-cause EI. Keywords: industrialization, Indonesia, employment, GDP, export, labor productivity.
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ABSTRACT i
ACKNOWLEDGMENT ii
TABLE OF CONTENTS iii
LISTS OF FIGURES v
LISTS OF TABLES vi
CHAPTER I INTRODUCTION 1
1.1 General Background 1
1.2 Purpose of Study 3
CHAPTER II LITERATURE REVIEW 4
2.1 Definition of Industrialization 4
2.2 Previous Studies 6
2.3 Research Design 8
2.3.1 Gross Domestic Product 10
2.3.2 Export 11
2.3.3 Labor Productivity 11
2.4 Contribution of Study 12
CHAPTER III INDUSTRY IN INDONESIA 13
3.1 Industrialization in Indonesia 13
3.2 Industrial Sector in Indonesian Economy 16
CHAPTER IV EMPIRICAL ANALYSIS 20
4.1 Data and Econometric Model 20
4.1.1 Data Description 20
4.1.2 Econometric Model 21
4.2 Empirical Methodology 21
4.2.1 Vector Auto Regression 21
4.3 Regression Result 23
4.3.1 Unit Root Test 23
4.4.2 Lag Length Criteria 25
4.4.3 Granger-Causality Test 26
4.4.4 Impulse Respond Function 27
4.4.5 Variance Decomposition 30
4.5 Supplementary Test 31
4.5.1 White’s Standard Error Test 32
4.5.2 Multicollinearity 32
CHAPTER V CONCLUSION AND RECOMMENDATION 33
5.1 Conclusion 33
5.2 Recommendation 34
REFERENCES 35
APPENDIX 37
