Document Type
Article
Publication Date
9-26-1992
Keywords
Indonesia, international trade, Indonisian economy
Abstract
From 1950 to 1965, Indonesia followed an import substitution industrialization development strategy. From 1966 to the present, Indonesia has moved toward an export oriented development strategy. This paper tests the predictions of the Heckscher-Ohlin-Samuelson(HOS) model of international trade by comparing Indonesia's economic performance under two contrasting development strategies. The paper concludes that Indonesia• s economic performance under the opposing development strategies supports the predictions of the HOS model. Furthermore, the Indonesian experience under the two development strategies supports the "trade as an engine of growth" hypothesis.
Publisher
Department of Economics, South Dakota State University
Series Number
92-10a
Number of Pages
4
Recommended Citation
Fausti, Scott and Bishry, Rony, "Deregulation and Trade Liberalization: The Indonesian Experience" (1992). Economics Staff Paper Series. 93.
https://openprairie.sdstate.edu/econ_staffpaper/93