Teori Pertumbuhan Endogenous (Endogenous Growth Theory)

14 Pages Posted: 10 Feb 2019

See all articles by Bayu Wijayanto

Bayu Wijayanto

Faculty of Economics and Business, Satya Wacana Christian University, Indonesia; International Institute of Social Studies, Erasmus University Rotterdam

Date Written: January 18, 2019

Abstract

Indonesian Abstract: Teori pertumbuhan edogenous merupakan salah satu isu baru dalam ranah perkembangan teori pertumbuhan ekonomi dalam tradisi kelompok neo klasik yang muncul pada akhir tahun 1980an. Muncul dalam satu artikel yang ditulis oleh Paul Romer dan Robert Lucas dimana mereka mengkritik model pertumbuhan Solow melalui penjelasannya mengenai kunci utama pertumbuhan ekonomi dalam jangka panjang. Artikel ini menjelaskan tentang pengertian, karakteristik dan perkembangan pemikiran dari teori baru ini. Selain itu juga memberikan perbandingan antara model pertumbuhan Solow dan model pertumbuhan endogenous. Namun teori ini juga tidak lepas dari kritikan, terutama dalam menjelaskan realitas empiris di negara-negara sedang berkembang.

English Abstract: Endogenous growth theory is one of the new issues on the economic development theory in the neoclassical tradition which emerged in the late of 1980s. Let’s by Paul Romer and Robert Lucas articles who unsatisfied with the Solow growth model in order to explain the key determinant of long-run growth. This article would explain about the definition, characteristics, and development of the thought of the new theory, also the comparison between the Solow growth model and the endogenous growth model. However, as a model, the new growth theory gets many criticisms, especially to explain the empirical reality in the developing countries.

Note: Downloadable document is in Indonesian.

Keywords: pertumbuhan ekonomi, model solow, model endogenous

JEL Classification: O40

Suggested Citation

Wijayanto, Bayu, Teori Pertumbuhan Endogenous (Endogenous Growth Theory) (January 18, 2019). Available at SSRN: https://ssrn.com/abstract=3317961 or http://dx.doi.org/10.2139/ssrn.3317961

Bayu Wijayanto (Contact Author)

Faculty of Economics and Business, Satya Wacana Christian University, Indonesia ( email )

Jl. Diponegoro, 52-60
Salatiga, Jawa Tengah 50711
Indonesia

International Institute of Social Studies, Erasmus University Rotterdam

Kortenaerkade 12, 2518 AX
The Hague, South Holland 2518 AX
Netherlands

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