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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Format: | Article |
Language: | English |
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Universitas Islam Indonesia
2013-04-01
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Series: | Economic Journal of Emerging Markets |
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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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first_indexed | 2024-04-12T21:41:55Z |
format | Article |
id | doaj.art-265dfccf0b1f42f89b7fec5ebae7e21a |
institution | Directory Open Access Journal |
issn | 2086-3128 2502-180X |
language | English |
last_indexed | 2024-04-12T21:41:55Z |
publishDate | 2013-04-01 |
publisher | Universitas Islam Indonesia |
record_format | Article |
series | Economic Journal of Emerging Markets |
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 |