印度尼西亚经济增长质量研究

Abstract:Based on the panel data of 81 major countries in the world from 2009 to 2020，this paper uses the principal component analysis method to construct the economic growth quality index and investigate the economic growth quality of Indonesia. The study finds that although Indonesia is the largest economy in ASEAN，its performance in terms of economic growth quality is not satisfactory，which is lower than the average level of 81 sample countries and ranks low among the major ASEAN economies，especially at the aspect of efficiency index. Compared with the BRICs，it is significantly behind China，but close to the other four countries，and performance better than some ASEAN and BRICs countries at the specific aspect of economic growth stability. Regarding the trend，Indonesia’s economic growth efficiency has improved since 2016，which is mainly driven by the industrial development and decline in the proportion of primary product exports，meanwhile，the sustainability of Indonesian economic growth has decreased in the past five years due to insufficient investment in R&D and human capital and excessive dependence on natural resources.

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