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• an assessment of the broad macroeconomic development experience of Indonesia and the eight comparator countries, especially in the Soeharto era (1965–98), based on the evolution
To attract investment, the government is now offering potential investors guarantees against the risk of changes to electricity price and subsidy policies and the coal supply
The world price of rice also rose rapidly relative to the domestic price between 2003 and 2005, but the resulting fall in the nominal rate of protection for rice in this period
This result may shed some light on the fragile link between in- sample model selection and out-of-sample forecasting in real time; one-shot tests, when used recursively, tend to
In contrast, GVAR is a reduced-form forecasting model with a comparatively small number of variables per country; hence the important international linkages can only be implicit,
We presented new analytical results on the relative forecast accuracy of forecasting an aggregate by (1) combining disag- gregate forecasts (forecasting the disaggregate variables
In this article, we consider the wages of different types of labor; the prices of energy, material, and capital; the level of output; and the impact of time to explain the evolution
(1993) with the exponential-linear model are qualitatively similar to those of the Weibull model reported by Sichel (1991). Both studies nd statistical evidence of a positive
