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Prospects for skills-based exporth growth in a labour-abundant, resource-rich developing economy

Proceeding from JBPTUNIKOMPP / 2010-11-02 14:17:57
By : Ian Coxhead, Perpustakaan UNIKOM
Created : 2009-05-12, with 11 files

Keyword : developing economy

In a integrated global economy, specialisation in trade is an increasingly prominient strategy. A labour-abundant, resource-rich economy like Indonesia faces stiff competition in labour-intensive manufactures; meanwhile, rapid growth in demand for resources from China anda India exposes it to the 'curse' of resource wealth. This diminishes prospects for more diversified growht based on renewable resources like human capital. Using an international panel data set we explore the influence of resource wealth, foreign direct investment and human capital ont hte share of skill intensive products in exports. FDI anda human capital increase this share; resource wealth diminishes it. We use the results to compare Indonesia witha Thailand and Malaysia. Indonesia's reliance on skill intensive exports would habe been greater had it achieved higher levels of FDI and skills. Its performance in accumulationg these endowments, and its realtive resource abundance, impede diversification in production and trade. We present polciy option flowing from these findings.

Description Alternative :

In a integrated global economy, specialisation in trade is an increasingly prominient strategy. A labour-abundant, resource-rich economy like Indonesia faces stiff competition in labour-intensive manufactures; meanwhile, rapid growth in demand for resources from China anda India exposes it to the 'curse' of resource wealth. This diminishes prospects for more diversified growht based on renewable resources like human capital. Using an international panel data set we explore the influence of resource wealth, foreign direct investment and human capital ont hte share of skill intensive products in exports. FDI anda human capital increase this share; resource wealth diminishes it. We use the results to compare Indonesia witha Thailand and Malaysia. Indonesia's reliance on skill intensive exports would habe been greater had it achieved higher levels of FDI and skills. Its performance in accumulationg these endowments, and its realtive resource abundance, impede diversification in production and trade. We present polciy option flowing from these findings.

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PropertyValue
Publisher IDJBPTUNIKOMPP
OrganizationPerpustakaan UNIKOM
Contact Namedyah@unikom.ac.id
AddressJl. Dipati Ukur No.116 Lt.7
CityBandung
RegionWest Java
CountryIndonesia
Phone022-2533825 ext.112
Fax022-2533754
Administrator E-mailperpus@unikom.ac.id
CKO E-mailperpus@unikom.ac.id