Title

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

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