The Improvement in Indonesia's Real Resource Alance, 1986–89: Absorption, Switching and Growth Effects1

Autor:	E. M. Treadgold, M. L. Treadgold and
Rok vydání:	1992
Předmět:	Microeconomics Macroeconomics Economics and Econometrics Balance (accounting) Goods and services Resource (biology) Economics Balance of trade Development Absorption (electromagnetic radiation) Outcome (game theory)
Zdroj:	Bulletin of Indonesian Economic Studies. 28:93-106
ISSN:	1472-7234 0007-4918
Popis:	This paper seeks to quantify the immediate determinants of the large improvement in Indonesia's real resource balance (balance of trade in goods and services at constant prices) over the period 1986–89. The paper uses a framework which distinguishes between tradable and non-tradable products to decompose the change in the real resource balance into the effects of changes in absorption, expenditure-switching, output-switching and economic growth. The results show that each of the three annual increases in the real resource balance between 1986 and 1989 was the outcome of positive growth and expenditure-switching effects dominating negative absorption and output-switching effects. 1 The authors are grateful to three anonymous referees for their comments.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::02364358e5a1358dc54872c614d2fab7 https://doi.org/10.1080/00074919212331336284 Zobrazit plný text záznamu