THE IMPACT OF TECHNOLOGICAL GROWTH ON ECONOMIC PERFORMANCE IN INDONESIA

Abstract Technology in the globalization era is difficult to be avoided in daily life. This study aims to estimate the impact of technological growth on economic performance in Indonesia using a Total Factor Productivity (TFP) method. The results indicate that technological growth in Indonesia dur...

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Main Author: Hery Ferdinan
Format: Article
Language:English
Published: Universitas Islam Indonesia 2013-04-01
Series:Economic Journal of Emerging Markets
Subjects:
Online Access:http://uiistage.openjournaltheme.com/3310/index.php/JEP/article/view/3675
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author Hery Ferdinan
author_facet Hery Ferdinan
author_sort Hery Ferdinan
collection DOAJ
description Abstract Technology in the globalization era is difficult to be avoided in daily life. This study aims to estimate the impact of technological growth on economic performance in Indonesia using a Total Factor Productivity (TFP) method. The results indicate that technological growth in Indonesia during 1981-2012 is 0.87 percent, contributes up to 30.48 percent to economic growth. The results of econometric analysis suggest that technological growth will increase not only economic growth but also the unemployment rate, implying that technological growth in Indonesia creates jobs destruction than jobs creation. Keywords: Technological growth, TFP, economic growth, unemployment rate JEL classification number: O11, O47 Abstrak Teknologi di era globalisasi sulit untuk dihindarkan dalam kehidupan sehari-hari. Penelitian ini bertujuan untuk mengestimasi dampak dari perkembangan teknologi pada kinerja ekonomi di Indonesia menggunakan metode Total Factor Productivity (TFP). Hasil penelitian menunjukkan bahwa perkembangan teknologi di Indonesia selama 1981-2012 adalah 0,87 persen, memberikan kontribusi hingga 30.48 persen terhadap pertumbuhan ekonomi. Hasil analisis ekonometrik menunjukkan bahwa perkembangan teknologi akan meningkatkan tidak hanya pertumbuhan ekonomi tetapi juga tingkat pengangguran, yang menyiratkan bahwa perkembangan teknologi di Indonesia menciptakan turunnya jumlah pekerjaan, bukannya menciptakan lapangan kerja. Keywords: Pertumbuhan teknologi, TFP, pertumbuhan ekonomi, tingkat pengangguran JEL classification number: O11, O47
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spelling doaj.art-265dfccf0b1f42f89b7fec5ebae7e21a2022-12-22T03:15:45ZengUniversitas Islam IndonesiaEconomic Journal of Emerging Markets2086-31282502-180X2013-04-0151THE IMPACT OF TECHNOLOGICAL GROWTH ON ECONOMIC PERFORMANCE IN INDONESIAHery Ferdinan0Department of Economics Faculty of Economics and Management Institut Pertanian Bogor Abstract Technology in the globalization era is difficult to be avoided in daily life. This study aims to estimate the impact of technological growth on economic performance in Indonesia using a Total Factor Productivity (TFP) method. The results indicate that technological growth in Indonesia during 1981-2012 is 0.87 percent, contributes up to 30.48 percent to economic growth. The results of econometric analysis suggest that technological growth will increase not only economic growth but also the unemployment rate, implying that technological growth in Indonesia creates jobs destruction than jobs creation. Keywords: Technological growth, TFP, economic growth, unemployment rate JEL classification number: O11, O47 Abstrak Teknologi di era globalisasi sulit untuk dihindarkan dalam kehidupan sehari-hari. Penelitian ini bertujuan untuk mengestimasi dampak dari perkembangan teknologi pada kinerja ekonomi di Indonesia menggunakan metode Total Factor Productivity (TFP). Hasil penelitian menunjukkan bahwa perkembangan teknologi di Indonesia selama 1981-2012 adalah 0,87 persen, memberikan kontribusi hingga 30.48 persen terhadap pertumbuhan ekonomi. Hasil analisis ekonometrik menunjukkan bahwa perkembangan teknologi akan meningkatkan tidak hanya pertumbuhan ekonomi tetapi juga tingkat pengangguran, yang menyiratkan bahwa perkembangan teknologi di Indonesia menciptakan turunnya jumlah pekerjaan, bukannya menciptakan lapangan kerja. Keywords: Pertumbuhan teknologi, TFP, pertumbuhan ekonomi, tingkat pengangguran JEL classification number: O11, O47 http://uiistage.openjournaltheme.com/3310/index.php/JEP/article/view/3675Pertumbuhan teknologiTFPpertumbuhan ekonomitingkat pengangguran
spellingShingle Hery Ferdinan
THE IMPACT OF TECHNOLOGICAL GROWTH ON ECONOMIC PERFORMANCE IN INDONESIA
Economic Journal of Emerging Markets
Pertumbuhan teknologi
TFP
pertumbuhan ekonomi
tingkat pengangguran
title THE IMPACT OF TECHNOLOGICAL GROWTH ON ECONOMIC PERFORMANCE IN INDONESIA
title_full THE IMPACT OF TECHNOLOGICAL GROWTH ON ECONOMIC PERFORMANCE IN INDONESIA
title_fullStr THE IMPACT OF TECHNOLOGICAL GROWTH ON ECONOMIC PERFORMANCE IN INDONESIA
title_full_unstemmed THE IMPACT OF TECHNOLOGICAL GROWTH ON ECONOMIC PERFORMANCE IN INDONESIA
title_short THE IMPACT OF TECHNOLOGICAL GROWTH ON ECONOMIC PERFORMANCE IN INDONESIA
title_sort impact of technological growth on economic performance in indonesia
topic Pertumbuhan teknologi
TFP
pertumbuhan ekonomi
tingkat pengangguran
url http://uiistage.openjournaltheme.com/3310/index.php/JEP/article/view/3675
work_keys_str_mv AT heryferdinan theimpactoftechnologicalgrowthoneconomicperformanceinindonesia
AT heryferdinan impactoftechnologicalgrowthoneconomicperformanceinindonesia