Forecasting employment growth in Indonesia
Document Type
Journal Article
Publication Date
1997
Keywords
Employment, Forecast, Estimation, Indonesia
DOI
10.1080/00074919712331337255
Abstract
This note discusses the dangers of using the employment-output elasticity to forecast employment creation in Indonesia. It demonstrates the unreliability of employment-output elasticity estimates for Indonesia obtained using various methods, and argues, that, in addition to the estimation problems, the elasticity method has inherent weaknesses that should preclude its use to forecast employment growth in a dynamic world.
Source Publication
Bulletin of Indonesian Economic Studies
Volume Number
33
Issue Number
3
ISSN
0007-4918
First Page
111
Last Page
119
Recommended Citation
Lim, D. (1997). Forecasting employment growth in Indonesia. Bulletin of Indonesian Economic Studies, 33 (3), 111-119. http://dx.doi.org/10.1080/00074919712331337255