Dutch Disease Economics A case Study of Indonesia
The term ‘Dutch disease’ was first used to describe the indirect effects of the boom in the gas sector<br />in the Netherlands in the 1960s on other sectors. This paper applies this framework to analyse<br />the impact of the 2007-2008 surge in oil and gas prices in Indonesia. It finds t...
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| Language: | English |
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Universitas Islam Indonesia
2011-09-01
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| Series: | Economic Journal of Emerging Markets |
| Online Access: | http://jurnal.uii.ac.id/index.php/JEP/article/view/2287 |
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doaj-e45b69ba6cb140eead7014f68f35e4612020-11-24T23:17:10ZengUniversitas Islam IndonesiaEconomic Journal of Emerging Markets2086-31282502-180X2011-09-01132178Dutch Disease Economics A case Study of IndonesiaRini Yayuk PriyatiThe term ‘Dutch disease’ was first used to describe the indirect effects of the boom in the gas sector<br />in the Netherlands in the 1960s on other sectors. This paper applies this framework to analyse<br />the impact of the 2007-2008 surge in oil and gas prices in Indonesia. It finds that this has induced a<br />real appreciation of the Rupiah. In contrast to ‘Dutch disease’ theory, it has been accompanied by<br />growth in agricultural and manufacturing exports. The simulation results suggest that the observed<br />real appreciation due to the booming energy has inhibited the growth of Indonesian exports of agricultural<br />and manufacturing products.<br />Keywords: Dutch disease, energy, agricultural and manufacturing exportshttp://jurnal.uii.ac.id/index.php/JEP/article/view/2287 |
| collection |
DOAJ |
| language |
English |
| format |
Article |
| sources |
DOAJ |
| author |
Rini Yayuk Priyati |
| spellingShingle |
Rini Yayuk Priyati Dutch Disease Economics A case Study of Indonesia Economic Journal of Emerging Markets |
| author_facet |
Rini Yayuk Priyati |
| author_sort |
Rini Yayuk Priyati |
| title |
Dutch Disease Economics A case Study of Indonesia |
| title_short |
Dutch Disease Economics A case Study of Indonesia |
| title_full |
Dutch Disease Economics A case Study of Indonesia |
| title_fullStr |
Dutch Disease Economics A case Study of Indonesia |
| title_full_unstemmed |
Dutch Disease Economics A case Study of Indonesia |
| title_sort |
dutch disease economics a case study of indonesia |
| publisher |
Universitas Islam Indonesia |
| series |
Economic Journal of Emerging Markets |
| issn |
2086-3128 2502-180X |
| publishDate |
2011-09-01 |
| description |
The term ‘Dutch disease’ was first used to describe the indirect effects of the boom in the gas sector<br />in the Netherlands in the 1960s on other sectors. This paper applies this framework to analyse<br />the impact of the 2007-2008 surge in oil and gas prices in Indonesia. It finds that this has induced a<br />real appreciation of the Rupiah. In contrast to ‘Dutch disease’ theory, it has been accompanied by<br />growth in agricultural and manufacturing exports. The simulation results suggest that the observed<br />real appreciation due to the booming energy has inhibited the growth of Indonesian exports of agricultural<br />and manufacturing products.<br />Keywords: Dutch disease, energy, agricultural and manufacturing exports |
| url |
http://jurnal.uii.ac.id/index.php/JEP/article/view/2287 |
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AT riniyayukpriyati dutchdiseaseeconomicsacasestudyofindonesia |
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1725584568839307264 |