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Dutch Disease Economics A case Study of Indonesia

Economic Journal of Emerging Markets

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Title Dutch Disease Economics A case Study of Indonesia
 
Creator Priyati, Rini Yayuk
 
Description The term ‘Dutch disease’ was first used to describe the indirect effects of the boom in the gas sectorin the Netherlands in the 1960s on other sectors. This paper applies this framework to analysethe impact of the 2007-2008 surge in oil and gas prices in Indonesia. It finds that this has induced areal appreciation of the Rupiah. In contrast to ‘Dutch disease’ theory, it has been accompanied bygrowth in agricultural and manufacturing exports. The simulation results suggest that the observedreal appreciation due to the booming energy has inhibited the growth of Indonesian exports of agriculturaland manufacturing products.Keywords: Dutch disease, energy, agricultural and manufacturing exports
 
Publisher Universitas Islam Indonesia
 
Contributor
 
Date 2011-09-27
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://journal.uii.ac.id/JEP/article/view/2287
 
Source Economic Journal of Emerging Markets; Volume 1 Issue 3, 2009; 147-164
2502-180X
2086-3128
 
Language eng
 
Relation http://journal.uii.ac.id/JEP/article/view/2287/2086