Urbanization and Economic Growth in Indonesia : Good News, Bad News, and (Possible) Local Government Mitigation
Time series analysis for Indonesia over the period 1960-2009 suggests that the level of urbanization is positively associated with economic growth but that the rate of change of urbanization is negatively correlated with growth of economic output. A sub-national dynamic panel investigation provid...
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okr-10986-125992021-04-23T14:03:06Z Urbanization and Economic Growth in Indonesia : Good News, Bad News, and (Possible) Local Government Mitigation Lewis, Blane D. urbanization economic growth local government vector error correction (VEC) models generalized method of moments (GMM) estimation Time series analysis for Indonesia over the period 1960-2009 suggests that the level of urbanization is positively associated with economic growth but that the rate of change of urbanization is negatively correlated with growth of economic output. A sub-national dynamic panel investigation provides additional evidence of the positive and negative level and rate effects, respectively. The panel analysis also implies that the harmful impact of urban population growth is linked to insufficient local public infrastructure spending. Local governments that invest more heavily in infrastructure are better able to cope with the apparent detrimental effects of rapid urbanization on economic growth. 2013-03-05T22:38:58Z 2013-03-05T22:38:58Z 2013-01-08 Journal Article Regional Studies 0034-3404 10.1080/00343404.2012.748980 http://hdl.handle.net/10986/12599 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Taylor and Francis Publications & Research :: Journal Article Publications & Research East Asia and Pacific Indonesia |
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Digital Repository |
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Foreign Institution |
institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
language |
en_US |
topic |
urbanization economic growth local government vector error correction (VEC) models generalized method of moments (GMM) estimation |
spellingShingle |
urbanization economic growth local government vector error correction (VEC) models generalized method of moments (GMM) estimation Lewis, Blane D. Urbanization and Economic Growth in Indonesia : Good News, Bad News, and (Possible) Local Government Mitigation |
geographic_facet |
East Asia and Pacific Indonesia |
description |
Time series analysis for Indonesia over the period 1960-2009 suggests that the level of
urbanization is positively associated with economic growth but that the rate of change of
urbanization is negatively correlated with growth of economic output. A sub-national
dynamic panel investigation provides additional evidence of the positive and negative level
and rate effects, respectively. The panel analysis also implies that the harmful impact of
urban population growth is linked to insufficient local public infrastructure spending. Local
governments that invest more heavily in infrastructure are better able to cope with the
apparent detrimental effects of rapid urbanization on economic growth. |
format |
Journal Article |
author |
Lewis, Blane D. |
author_facet |
Lewis, Blane D. |
author_sort |
Lewis, Blane D. |
title |
Urbanization and Economic Growth in Indonesia : Good News, Bad News, and (Possible) Local Government Mitigation |
title_short |
Urbanization and Economic Growth in Indonesia : Good News, Bad News, and (Possible) Local Government Mitigation |
title_full |
Urbanization and Economic Growth in Indonesia : Good News, Bad News, and (Possible) Local Government Mitigation |
title_fullStr |
Urbanization and Economic Growth in Indonesia : Good News, Bad News, and (Possible) Local Government Mitigation |
title_full_unstemmed |
Urbanization and Economic Growth in Indonesia : Good News, Bad News, and (Possible) Local Government Mitigation |
title_sort |
urbanization and economic growth in indonesia : good news, bad news, and (possible) local government mitigation |
publisher |
Taylor and Francis |
publishDate |
2013 |
url |
http://hdl.handle.net/10986/12599 |
_version_ |
1764422385608425472 |