Industrial Capital Intensity and Comparative Advantages Dynamism of Indonesian Export Products
| Autor: | Ni Putu Wiwin Setyari, Tri Widodo, Muhammad Edhie Purnawan |
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| Jazyk: | English<br />Indonesian |
| Rok vydání: | 2015 |
| Předmět: | |
| Zdroj: | Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan, Vol 16, Iss 2, Pp 107-120 (2015) |
| Druh dokumentu: | article |
| ISSN: | 1411-6081 2460-9331 |
| Popis: | The development of new trade theory which incorporates the interaction between trade and international capital flows indicates if the possibility of changes in a country's comparative advantage due to the opening of international capital flows. International capi tal flows allow for changes in the industrial structure of a country depends on the composition of the products produced in that coun try. More capital-intensive types of products produced by a country, the greater the need for capital and the higher marginal rate of capital that can be given to attract greater international capital flows. Therefore, a comparative advantage should be seen as dynamic rather than static. As a country with large population, Indonesia tends to specialize in labor -intensive products. The other hand, efforts to attract foreign direct investment are very intensively conducted. The estimation results indicate if there was a shift in the pattern of industrial specialization Indonesia, from labor –intensive tends toward capital intensive. |
| Databáze: | Directory of Open Access Journals |
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