English, Article, Journal or magazine article edition: Capital Formation and Capital Stock in Indonesia, 1950-2007 Pierre van der Eng

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Bookmark: http://trove.nla.gov.au/version/42108
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Capital Formation and Capital Stock in Indonesia, 1950-2007
Author
  • Pierre van der Eng
Physical Description
  • preprint
Notes
  • This paper presents long-term estimates of gross fixed capital formation for 1951-2007 that are disaggregated by categories of productive assets. These data, combined with approximations of probable average asset lives and a feasible asset retirement method are used in a Perpetual Inventory Method to estimate gross fixed capital stock in Indonesia for 1950-2007 disaggregated by productive assets. Most of Indonesia’s capital stock long consisted of residential and non-residential structures. Total capital stock grew significantly since the late-1960s at about 10% per year, until the 1997-98 economic crisis. The high capital-output ratio in 1997 suggests that part of Indonesia’s high economic growth during the 1990s was due to unsustainable resource accumulation.
  • investment, capital formation, capital stock, economic growth, Indonesia
  • RePEc:pas:papers:2008-24
Language
  • English
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