Oil production and macroeconomic adjustment in the Indonesian economy

@inproceedings{Harvie1994OilPA,
  title={Oil production and macroeconomic adjustment in the Indonesian economy},
  author={Charles Harvie and Atifah Thaha},
  year={1994}
}
Abstract This paper is concerned with identifying and modelling the macroeconomic contribution of the oil sector to the Indonesian economy. A brief overview of macroeconomic developments for Indonesia is conducted for the period 1970–1991, focusing upon the contribution of oil revenues to GDP, the current account and government revenue. In addition a simple theoretical macroeconomic model, incorporating oil, is presented and used for numerical simulation purposes, to identify and analyse… CONTINUE READING