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Some Obscurities in Indonesia's New National Accounts

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  • Pierre van der Eng

Abstract

Indonesia's national accounts are subject to regular revisions. Some of these revisions have resulted in different estimates of GDP on both the output and the expenditure side of the economy in overlapping years. Unfortunately, the explanations accompanying the published national accounts make it difficult to understand the exact reasons why this is so. This article explores the possible explanations. It also discusses the consequences of changes to the base year used in the calculation of constant price series. The paper draws attention to several new national accounting initiatives developed at Indonesia's Central Statistics Agency that underscore the Agency's advanced professionalism in national accounting. It concludes with a call for greater openness in explaining national accounting procedures.

Suggested Citation

  • Pierre van der Eng, 1999. "Some Obscurities in Indonesia's New National Accounts," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 35(2), pages 91-106.
    • Handle: RePEc:taf:bindes:v:35:y:1999:i:2:p:91-106
    DOI: 10.1080/00074919912331337607
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    Cited by:

    1. Pierre van der Eng, 2008. "Capital Formation and Capital Stock in Indonesia, 1950-2007," Departmental Working Papers 2008-24, The Australian National University, Arndt-Corden Department of Economics.
    2. Kishor, N. Kundan, 2011. "Data revisions in India: Implications for monetary policy," Journal of Asian Economics, Elsevier, vol. 22(2), pages 164-173, April.
    3. Pierre van der Eng, 2008. "The sources of long-term economic growth in Indonesia, 1880-2007," ANU Working Papers in Economics and Econometrics 2008-499, Australian National University, College of Business and Economics, School of Economics.
    4. van der Eng, Pierre, 2010. "The sources of long-term economic growth in Indonesia, 1880-2008," Explorations in Economic History, Elsevier, vol. 47(3), pages 294-309, July.
    5. Kishor, N. Kundan, 2009. "Data Revisions in India and its Implications for Monetary Policy," MPRA Paper 16099, University Library of Munich, Germany.
    6. Roberto Luis Olinto Ramos & Patrice T. Robitaille & Rebeca de la Rocque Palis, 2004. "News or noise? an analysis of Brazilian GDP announcements," International Finance Discussion Papers 776, Board of Governors of the Federal Reserve System (U.S.).

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