The Structure of Indonesian Manufacturing Industry: An Input-Output Approach∗

The paper examines the structure of Indonesia's manufacturing sector, using data from the 1980 input-output tables., and supporting data from various industrial surveys and national accounts. An input-output analysis of sectoral linkages and factor demand (labour, proxies for skill and capital, imports) is used to derive implications for growth and employment of two contrasting industrial development strategies — a labour-intensive strategy and a more capital-intensive strategy fostering basic industries. It is argued that a labour-intensive, resource-based, and export-oriented strategy combined with selective import substitution is most likely to achieve the stated development goals of the Indonesian government.

     

The Indonesian Petroleum Industry: Current Problems and Future Prospects∗

The world price of oil weakened during 1985 and fell sharply in the first few months of 1986. This paper discusses the balance of payments and budget implications of these trends and looks at the long term future of Indonesia 's oil and gas sector. Issues analysed in detail include contractual arrangements with foreign companies, exploration activities, and developments in marketing, pricing and refining. The paper concludes with a discussion of natural gas developments.

     

The DEA-stochastic Frontier Analysis of Electric Power Industry

Stochastic frontier analysis is an effective method to analyze the efficiency of DMU, but the decomposition of the error is difficult. By OLS, adopting DEA to dispose the management error of stochastic frontier analysis can resolve the difficulty of the decomposition of the error. By an example of electric power industry, DEA-stochastic frontier analysis is discussed in this paper, and the character of this method is analyzed in the end.     

The Study of the Significance of Chinese Private Automobile Industry Development

The paper defines the private auto industry in a reasonable way at first, confirms the importance of auto industry in China and points out private capital is able to enter into auto industry based on the analysis of the inner and outside environment. Afterwards, the paper calculates the contribution rate private auto industry made to the whole auto industry.     

The Study of the Development of Chinese Online Game Industry and Market

The development, sale and management of online game have become a whole industry chain. It is hard to imagine its economic benefits. The article analyses the forming of supply-demand relationship in online game market, profits source, the way of market exchange, business order and primary problems that online game market faces. To make the market and the industry of online game develop in a sustaining and healthy way, our society should create a favorable environment, and the authorities in economics, management and law fields ought to attach importance to the research on relevant problems,     

The Restriction of China＇s Iron ＆ Steel Industry

The steel industry of China has made great progress. Seeing from the phase of China＇s iron and steel industry, it has played an important role for a long period. This paper started with China＇s iron and steel industry development course and prospect, analyzed the opportunities and challenges of China＇s iron and steel industry, pointed out that the resources and the environment will become the most important problems of China＇s iron and steel industry.     

The Macro Forecasting Record of the Indonesian Financial Authorities, 2004–15

A precondition for financial authorities’ macroeconomic effectiveness is a capacity to foresee economic conditions with reasonable accuracy. This article analyses the performance of Bank Indonesia (the central bank) and Indonesia’s Ministry of Finance in forecasting real GDP growth and consumer inflation over the last decade or so. It compares the quality of their forecasts with those of international institutions, aligning the timing of these forecasts to maximise comparability. Overall, the Indonesian authorities—especially the Ministry of Finance, in its revised central government budget (APBN-P)—perform respectably against their international comparators and there is no statistically significant bias in any of the forecasts. Still, there are mild indications of an optimistic bias in forecasts of inflation and growth, and all institutions tend to miss growth slowdowns. The results raise doubts about the value of fiscal policy for near-term macro stabilisation in Indonesia. Likewise, a wide range of uncertainty in forecasting inflation complicates the use of monetary policy for inflation targeting, at least one year ahead.     

Indonesian politics in 2013: the emergence of new leadership?

The rise of Joko Widodo (Jokowi) from small-town mayor to presidential frontrunner asks again whether new, alternative leaders could enter Indonesian politics in the 2014 elections. This article surveys Jokowi's impact on Indonesian politics over the past 12 months, and examines whether his election as Jakarta governor, and his evident popularity, has opened the way for alternative candidates at local level, or if it has changed parties’ calculations for the presidential election. The article concludes by considering whether a new leader could tackle some of the entrenched defects of democracy in Indonesia, given that he or she may have only minority support in the parliament. The article focuses in particular on corrupt law enforcement, the military and the rule of law, and violent religious intolerance.     

In Data We Trust? An Analysis of Indonesian Socioeconomic Survey Data

What if a popular dataset that has generated a large amount of literature has been misunderstood and has led to misleading inferences? This paper examines household expenditure data from the Indonesian National Socio-economic Survey (Susenas), which started more than 50 years ago. Appropriate use of Susenas data for policy analysis requires an understanding that the survey’s expenditure variable does not measure true out-of-pocket expenses, because it includes subsidies received by households when obtaining goods and services. We also highlight an abrupt change in the survey instrument that occurred in 2015, when the reference period for certain items was extended. For health items, this generated a change in the expenditure series that can be misinterpreted as being the result of a social health insurance reform introduced in 2014 to lower the health care burden on households. Accordingly, we propose a way to account for this artificial expenditure movement in Susenas.     

The Selection of Industry Given Preference in Development of Each Province： A Comparative Empirical Study Based on the Power of Industry Competition

As China has joined WTO, the global competitive market is open widely to us and we are confronted with both the opportunity and challenge. The urgent affairs during the project period of the Eleventh Five-year Plan are how to constitute scientific regional expansion program of industry in our country. Based on the theory of industry competition power along with the methods of Factor Analysis and Analytical Hierarchy Process, the paper chooses manufacturing as its subject irivestigated to do a comparative empirical study on the manufacturing development of each province. Then as to the industry that should be given preference in development, the paper selects some provinces having development advantages according to the theory of industrial cluster, which provides a reference to the decision-making of regional industrial expansion program during the period of the Eleventh Five-year Plan.     

The Comparative Research between High-tech Industry Investment Mode of Shanghai and that of Taiwan

This paper compares and analyzes the high-tech industry venture capital model between Taiwan province and Shanghai with the purpose of promoting the further development of the high-tech industry and finding the possibility and opportunity for the cooperation between the two sides of the Taiwan Channel. We also want to realize the complementarities between Taiwan and Shanghai and thus promote the growth of the economy in Taiwan. We also try to discuss the effective operation of the venture capital mode after the two sides of the Taiwan Channel entering WTO.     

Measurement on Industry Contribution to Employment——The Case of Shaanxi

This paper applies a closed input-output model the framework of Shaanxi in 1992. The industry employment national industry employment contribution. to measure industry contribution to employment in contribution of Shaanxi is then compared with the     

The Development of China＇s Electronics Industry： Causes and Constraints

The development of China‘s electronics industry can be attributed to supportive government policies, strong domestic market demand and the opportunities provided by the international transfer of technology in the electronic manufacturing sector. China‘s enterprises can only continue to develop through technological upgrading due to the lack of core technologies of their own. Since this process is still ongoing, China has not become a competitive country in the field of electronic technology. As a country in transition, government initiatives designed to encourage the development of the electronics industry have also undergone changes in line with economic institutional reform. Direct government intervention policies have been gradually replaced by indirect regulatory policies and the market is playing a more and more important role in the electronics industry.     

The Innovating Capacity of Aviation Industry and Industrial Structure Adjustment of the West in China

Equipment manufacturing industry is fundamental in national economy and it is the engine for industrialization. This paper explains the important role that equipment manufacturing industry plays in the industrial structure adjustment of the west and describes that aircraft industry is a hi-tech industry which has the most advantages in the equipment manufacturing industry of the west by facts. Therefore, aviation industry should be the best initiating point to develop equipment manufacturing industry. This paper expounds the argument that strengthening autonomous innovating capacity is the key to rejuvenate the aviation industry of the west. At last, it puts forward the concrete suggestions to raise the autonomous innovating capacity of aviation industry of the west.     

The Way about Fostering Core Competitiveness of Equipment Manufacture Industry in Our Country

Fostering the core competitiveness of equipment manufacture industry is essential to the development of enterprise＇s core competitiveness and the improvement of enterprise＇s whole function. In this process, the fostering way seems especially important. The discussion about the fostering way of the core competitiveness becomes an important component in the process of fostering the core competitiveness of equipment manufacture industry.     

Monopolising Islam: The Indonesian Ulama Council and state regulation of the ‘Islamic economy’

The Ulama Council of Indonesia (MUI) is an advisory body with a nationwide network of branches that produces fatwa ‘to guide the Islamic community and the government’. Nominally an independent NGO, MUI has always had a complex and mutually dependent relationship with the state, which established it and funds it. This paper describes regulatory changes since Soeharto's fall in 1998 that have expanded MUI's formal role in the state system for the administration of Islamic legal traditions and, in particular, the ‘syariah economy’. These changes have heightened MUI's influence and the legal authority of its fatwa, granting it new institutional roles (and, in some cases, monopolies) in relation to halal certification, Islamic finance and the haj pilgrimage. MUI has now begun to accrue quasi-legislative powers resembling those enjoyed by state ulama councils and state Muftis elsewhere in Southeast Asia, but not previously available to any modern Indonesian fatwa-producing body.     

The Interactions between Modern High-tech and Finance Industry

The interrelations between modern high-tech and finance industry are discussed from positive and negative views in this paper-mutual promotion and mutual restraint.