Volume : VI, Issue : XI, November - 2017

Technical and Trade Coefficients in Indonesian and Australian Economies: A Comparison

Muchdie

Abstract :

 This paper compared technical coefficients and trade coefficients in Indonesian economy to those in Australian economy, based on 30-sector classification of world input-output tables of the year of 2000, 2005 and 2010. The results showed that Indonesian economy had lower technical coefficient than that of Australian economy, but statistically it was not significant. Indonesian economy used less input to produce output compared to that of Australian economy. Indonesian technical index, an inverse of technical coefficient, was higher than that of Australian and again it was not statistically significant. Based on trade coefficients, this study showed that Australian economy had higher domestic component than Indonesian economy did. This difference was statistically significant. Indonesian economy, technically, worked more efficiently; but Australian economy used more domestic input. This paper also revealed that technical coefficient had a positive correlation with import component and technical index had positive correlation with domestic component.

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Article: Download PDF    DOI : https://www.doi.org/10.36106/gjra  

Cite This Article:

Muchdie, Technical and Trade Coefficients in Indonesian and Australian Economies: A Comparison, GLOBAL JOURNAL FOR RESEARCH ANALYSIS : VOLUME-6, ISSUE-11, NOVEMBER-2017

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