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https://hdl.handle.net/2440/71867
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Type: | Journal article |
Title: | The impacts of trade liberalisation and technological change on GDP growth in Indonesia: a meta regression analysis |
Author: | Permani, R. |
Citation: | Global Economy Journal, 2011; 11(4):7:1-7:28 |
Publisher: | Walter de Gruyter GmbH & Co. KG |
Issue Date: | 2011 |
ISSN: | 1524-5861 1553-5304 |
Statement of Responsibility: | Risti Permani |
Abstract: | Twelve selected studies investigating effects of trade liberalisation in Indonesia resulting in 25 point estimates are included in the Meta Regression Analysis to assess the growth-enhancing effects of trade liberalisation and technological change. Given high variation across studies, this study finds no robust evidence of the positive impacts of a tariff cut on economic growth rates. However, it finds robust evidence of the growth-enhancing effects of technological change. This study also finds that studies which are published assuming increasing return to scale, focusing on non-agricultural sectors, using pre-1997 databases and with more disaggregated sectors tend to report higher growth effects of trade liberalisation. Compared to results reported by Indonesian researchers, non-Indonesian academic researchers report lower growth effects of trade liberalisation. Overall, this study suggests that providing assistance to developing countries to improve their productivity might be a better approach to multilateral negotiations than putting pressures on these countries to remove their trade barriers. |
Keywords: | Meta Regression Analysis trade liberalisation Indonesia technological change economic growth agriculture |
Rights: | Copyright c 2011 De Gruyter. All rights reserved. |
DOI: | 10.2202/1524-5861.1782 |
Published version: | http://dx.doi.org/10.2202/1524-5861.1782 |
Appears in Collections: | Aurora harvest 5 Economics publications |
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