Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/236475 
Erscheinungsjahr: 
2021
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 14444
Verlag: 
Institute of Labor Economics (IZA), Bonn
Zusammenfassung: 
We revisit the role of Capital Fundamentalism, in the context of the Government of Indonesia's Inpres Desa Tertinggal (IDT or Left Behind Village) Program, which injected capital into poor village economies. We evaluate the impact of the program on village welfare and structural transformation adopting a (fuzzy) regression discontinuity design, which exploits village eligibility for identification. Welfare increased in rural as opposed to urban villages in Java, Sumatra and Bali and Nusa Tenggara, as households exited agriculture in favor of more productive activities in construction, industry and trade. We find no evidence that the program affected structural transformation or welfare in Kalimantan, Sulawesi or Papua, which suggests that structural transformation is a necessary condition for capital injections to foster village development.
Schlagwörter: 
capital fundamentalism
structural transformation
government intervention
welfare
JEL: 
L16
H53
H54
E22
O10
O18
I38
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
1.55 MB





Publikationen in EconStor sind urheberrechtlich geschützt.