Pre-registration
Indonesia's Jokowi-era infrastructure push 2014-2024 — covering the toll-road expansion, MRT/LRT urban transit, port and airport upgrades, electrification programme, and 2024 Nusantara new-capital build — produced a measurable rise in gross fixed capital formation share of GDP and a logistics-cost reduction visible in the World Bank Logistics Performance Index. By 2023, Indonesia's GFCF share rises by at least +2 percentage points above the 2010-2013 mean, and real GDP-pc growth through 2014-2019 (pre-COVID) averages at least 0.5pp/yr above the ASEAN-5 peer mean (PHL, MYS, THA, VNM).
Falsification criterion — what would disprove this
This hypothesis is considered falsified if:
PRIMARY (dispositive, BOTH must hold): (1) GFCF / GDP for IDN averages at least +2pp above the 2010-2013 mean over 2017-2023; AND (2) real GDP-pc growth differential IDN minus ASEAN-5 peer mean (PHL, MYS, THA, VNM) averaged 2014-2019 is at least +0.5pp/yr. REFUTED if EITHER condition fails (no input-side push OR no output-side acceleration).
formal test & threshold
test: indonesia_jokowi_infrastructure_capex_and_growth_differential threshold: PRIMARY 1: gfcf_pct_gdp(IDN, 2017-2023 mean) - gfcf_pct_gdp(IDN, 2010-2013 mean) >= 2. PRIMARY 2: gdp_pc_growth(IDN, 2014-2019 mean) - gdp_pc_growth(ASEAN5, 2014-2019 mean) >= 0.005. METHOD_VALID: WDI NE.GDI.FTOT.ZS and NY.GDP.PCAP.KD.ZG for IDN and ASEAN-5 peers through 2023.
Method
- Template
panel_fe- Fixed effects
country, year- Clustering
country- Sample
- 5 countries · 2008 – 2024
- Evidence type
- associational
Two-way fixed effects panel. ASEAN-5 peer pool. Test 1 is country-level pre-post on GFCF share; Test 2 is panel-DiD on growth rate.
Data
| Variable | Source | Transform |
|---|---|---|
real_gdp_pc_growth outcome | world_bank_wdi:NY.GDP.PCAP.KD.ZGtier 2 | level |
gross_fixed_capital_formation_pct_gdp outcome | world_bank_wdi:NE.GDI.FTOT.ZStier 2 | level |
log_gdp_pc_ppp outcome | world_bank_wdi:NY.GDP.PCAP.PP.KDtier 2 | log |
tfp_index outcome | pwt:rtfpnatier 3 | level |
post_jokowi_indicator treatment | constructed:indicator = 1 for IDN, year >= 2014tier 5 | indicator |
log_population control | world_bank_wdi:SP.POP.TOTLtier 2 | log |
● ready · ● pending · ● reconstruct-needed
Detailed result card
Result card — sea_indonesia_jokowi_infrastructure_2014_2024
Verdict: REFUTED — coef=-1.171 (sign opposite claim +), p=1.21e-08
Pre-registration
- Claim: Indonesia's Jokowi-era infrastructure push 2014-2024 — covering the toll-road expansion, MRT/LRT urban transit, port and airport upgrades, electrification programme, and 2024 Nusantara new-capital build — produced a measurable rise in gross fixed capital formation share of GDP and a logistics-cost reduction visible in the World Bank Logistics Performance Index. By 2023, Indonesia's GFCF share rises by at least +2 percentage points above the 2010-2013 mean, and real GDP-pc growth through 2014-2019 (pre-COVID) averages at least 0.5pp/yr above the ASEAN-5 peer mean (PHL, MYS, THA, VNM).
- Falsification rule: PRIMARY (dispositive, BOTH must hold): (1) GFCF / GDP for IDN averages at least +2pp above the 2010-2013 mean over 2017-2023; AND (2) real GDP-pc growth differential IDN minus ASEAN-5 peer mean (PHL, MYS, THA, VNM) averaged 2014-2019 is at least +0.5pp/yr. REFUTED if EITHER condition fails (no input-side push OR no output-side acceleration).
- Falsification test: indonesia_jokowi_infrastructure_capex_and_growth_differential
Estimate
- Method: linearmodels.PanelOLS
- Coefficient (treatment): -1.171
- Std error: 0.1511
- p-value: 1.21e-08
- Observations: 51, countries: 3
- Within R²: -0.00724
- Fixed effects: entity=True, time=True
- Clustering: country
Variables resolved
world_bank_wdi:NY.GDP.PCAP.KD.ZG→ real_gdp_pc_growth (outcome, publisher=world_bank_wdi, n=13897)world_bank_wdi:NE.GDI.FTOT.ZS→ gross_fixed_capital_formation_pct_gdp (outcome, publisher=world_bank_wdi, n=9870)world_bank_wdi:NY.GDP.PCAP.PP.KD→ log_gdp_pc_ppp (outcome, publisher=world_bank_wdi, n=8325)pwt:rtfpna→ tfp_index (outcome, publisher=pwt, n=6407)constructed: indicator = 1 for IDN, year >= 2014→ post_jokowi_indicator (treatment, publisher=constructed, n=85)world_bank_wdi:SP.POP.TOTL→ log_population (controls, publisher=world_bank_wdi, n=14447)
Generated by scripts/run_panel_fe.py at 2026-06-29T17:53:01+00:00
Strongest opposing argument
Every hypothesis ships with its charitable opposing argument. The framework earns credibility by handling objections at their strongest, not weakest.
Notes
Tests whether the Jokowi infrastructure push translates into observable macro outcomes. GFCF share is the input-side test; pre-COVID growth differential is the output-side test.