Indonesia dual economy model dashboard
Indonesia dual economy model
Adjust parameters to simulate the Lewis transition dynamics over 30 years
Informal share (yr 30)
—
Avg wage (yr 30)
—
GDP per worker (yr 30)
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Outcome
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Labor market
Population growth rate
2.5%
Formal job creation rate
1.5%
Formalization barrier
0.7
Productivity & wages
Formal productivity mult.
2.0x
Price sensitivity (ε)
0.8
Informal cap. accum. rate
0.6
Policy levers
Compliance cost reduction
0%
Export market access
0%
Productivity investment
0%
Workforce composition over 30 years
Formal workers
Informal workers
Wage convergence & GDP per worker
Formal wage
Informal wage
GDP/worker
Market share dynamics
Formal market share
Informal market share