scholarly journals Indonesia Agroindustry Growth Acceleration through Export Tax Policy: CGE Comparative Static Model

2017 ◽  
Author(s):  
Lestari Agusalim
Keyword(s):  
Tax Policy ◽  
Static Model ◽  
Output Growth ◽  
Cge Model ◽  
Short Term ◽  
Export Tax ◽  
Export Taxes ◽  
Export Competitiveness ◽  
Negative Effect

The purpose of this research is to analyze wether export tax policy on primary agriculture commodity can stimulate the growth of agroindustry. The model used in this research is a comparative static CGE model. The data used is the Input-Output Table in 2008, the System Accounting Matrix (SAM) Table in 2008, and other relevant supporting sources. Simulations carried out by applying export taxes on primary agricultural commodities, adjusted by government policy to accelerate the growth of agroindustry. The simulation indicates that it can inhibit the export growth on taxed commodities so that accelerate the long term agroindustrial output growth. Although it has negative effect on the short term. On the other hand, the policy doesn’t pro the economic growth and aggravate the export competitiveness.

scholarly journals PAJAK EKSPOR, PERTUMBUHAN EKONOMI, DAN PENDAPATAN: KASUS AGROINDUSTRI DI INDONESIA

KINERJA ◽  
2017 ◽  
Vol 18 (2) ◽  
pp. 180
Author(s):  
Lestari Agusalim
Keyword(s):  
Household Income ◽  
Tax Policy ◽  
Cge Model ◽  
Real Gdp ◽  
Export Tax ◽  
Industry Output ◽  
Agricultural Household ◽  
Negative Effect ◽  
Household Incomes ◽  
Positive Effect

This research aims to analyze whether export tax policy and the policy of productivity increment of agro industry based upstream and downstream sectors can increase real GDP growth, agro industry output, andhousehold income. The model used in this research is a comparative static Computable General Equilibrium (CGE) model. The data used are from the 2008 Input-Output Table, the 2008 System Accounting Matrix (SAM)Table, and other relevant suporting sources. The three simulations conducted in this research are: (1) export tax policy on agro industry’s upstream sector (SIM1), (2) export tax and productivity increment policies on agro industry’s upstream sector (SIM2), and (3) export tax and productivity increment policies on agro industry’s upstream and downstream sectors (SIM3). The three simulations will be adjusted to the government’s policies to suport agro industries’ downstream. SIM1 has negative effect on real GDP and only increases agro industry output in certain sectors only. SIM2 and SIM3 have positive effect on real GDP and increases agro industryoutput. All simulations increase non-agricultural household incomes, and decrease agricultural household incomes.Keywords: agroindustry, export tax, real GDP, household income

Labor lawsuits and debt maturity

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Omer Unsal
Keyword(s):  
Chief Executive ◽  
Debt Maturity ◽  
Employee Relations ◽  
Short Term ◽  
Content Type ◽  
Negative Effect ◽  
Debt Market ◽  
Legal Fees

Purpose This paper aims to investigate how firms’ relationships with employees define their debt maturity. The authors empirically test the role of employee litigations in influencing firms’ choice of short-term versus long-term debt. The authors study employee relations by analyzing the importance of the workplace environment on capital structure. Design/methodology/approach The author’s test hypotheses using a sample of US publicly traded firms between 2000 and 2017, including 3,056 unique firms with 4,256 unique chief executive officer, adopting the fixed effect panel model. Findings The authors document that employee litigations have a significant negative effect on the use of short-term debt and a significant positive affect on long-term debt. Employee litigations, along with legal fees, outcomes and charging parties, matter the most in explaining debt maturity. In addition, frequently sued firms abandon the short-term debt market and use less shareholders’ equity to finance their operations while relying more on the longer debt market. Originality/value To the best of the authors’ knowledge, this is the first study to examine the role of employee mistreatment in debt maturity choice. The study extends the lawsuit and finance literature by examining unique, hand-collected data sets of employee lawsuits, allegations, violations, settlements, charging parties, case outcomes and case durations.

The persistent effect of banking crises on investment and the role of financial markets

2014 ◽  
Vol 6 (1) ◽  
pp. 64-77 ◽  
Author(s):  
Felix Rioja ◽  
Fernando Rios-Avila ◽  
Neven Valev
Keyword(s):  
Financial Markets ◽  
Financial Development ◽  
Banking Crisis ◽  
Banking Crises ◽  
Output Growth ◽  
Long Term Effects ◽  
Content Type ◽  
Negative Effect

Purpose – While the literature studying the effect of banking crises on real output growth rates has found short-lived effects, recent work has focused on the level effects showing that banking crises can reduce output below its trend for several years. This paper aims to investigate the effect of banking crises on investment finding a prolonged negative effect. Design/methodology/approach – The authors test to see whether investment declines after a banking crisis and, if it does, for how long and by how much. The paper uses data for 148 countries from 1963 to 2007. Econometrically, the authors test how banking crises episodes affect investment in future years after controlling for other potential determinants. Findings – The authors find that the investment to GDP ratio is on average about 1.7 percent lower for about eight years following a banking crisis. These results are robust after controlling for credit availability, institutional characteristics, and a host of other factors. Furthermore, the authors find that the size and duration of this adverse effect on investment varies according to the level of financial development of a country. The largest and longer-lasting decrease in investment is found in countries in a middle region of financial development, where finance plays its most important role according to theory. Originality/value – The authors contribute by finding that banking crisis can have long-term effects on investment of up to nine years. Further, the authors contribute by finding that the level of development of the country's financial markets affects the duration of this decrease in investment.

scholarly journals PENGARUH GLOBALISASI KEPADATAN PENDUDUK DAN PERTUMBUHAN EKONOMI TERHADAP DEGRADASI LINGKUNGAN DI INDONESIA

2020 ◽  
Vol 2 (4) ◽  
Author(s):  
Safriwan Safriwan ◽  
Idris Idris
Keyword(s):  
Population Density ◽  
Environmental Degradation ◽  
Research Result ◽  
Short Term ◽  
Method Error ◽  
Negative Effect ◽  
Economic Institute ◽  
Carbon Project ◽  
Positive Effect

Abstract : The study describes the effects on globalization population density andeconomic growth on environmental degradation in Indonesia. This research uses a timeseries data from year 1971 - 2017, with method Error Correction Model (ECM). Datasources from Global Carbon Project, KOF Swiss Economic Institute, and WorldBank. Research result explain that (1) Globalization in long term has a insignificantpositive effect on environmental degradation in Indonesia, but short term globalizationhas a insignificant negative effect on environmental degradation in Indonesia (2)Population density in long term has a significant positive , and short term has ainsignificant positive effect on environmental degradation in Indonesia (3) Economicgrowth in long and short term has a significant positive effect on environmentaldegradation in Indonesia.Keywords : Environmental Degradation, Globalization Population Density AndEconomic Growth.

scholarly journals THE TESTING OF MONEY NEUTRALITY IN ECONOMIC GROWTH OF INDONESIA

2017 ◽  
Vol 1 (1) ◽  
pp. 12
Author(s):  
Muammil Sun’an ◽  
Amran Husen
Keyword(s):  
Economic Growth ◽  
Time Series Data ◽  
Output Growth ◽  
Broad Sense ◽  
Series Data ◽  
Analysis Tool ◽  
Real Sector ◽  
Short Term ◽  
Correction Model

<p>This study aim is to test the money neutrality in a narrow sense (M1) and a broad sense (M2) to the growth of output (GDP) in Indonesia, both in short term and long term. This research uses quarterly time series data at 2010 - 2016 periods. The analysis tool used is Error Correction Model (ECM). The results show that short-term money supply (M1 and M2) affect on output growth. However, in the long term, only money circulation in a broad sense (M2) affects on output growth, which also means that money is not neutral because it affects the real sector (GDP).</p><p> <strong>Keywords:</strong> M1, M2, Population, Capital, and Economic Growth.</p>

Economic Complexity and Trade Diversification in the Western Hemisphere Between 1962 and 2017

2021 ◽  
pp. 115-147
Author(s):  
Jorge Mauricio Falcón Gómez ◽  
Fernando Martín Mayoral
Keyword(s):  
Financial Markets ◽  
Transaction Costs ◽  
Trade Openness ◽  
Terms Of Trade ◽  
Western Hemisphere ◽  
Short Term ◽  
Economic Complexity ◽  
Comparative Advantages ◽  
Negative Effect

Trade diversification patterns help explain the level of utilization of trade opportunities by countries, mainly the least developed. Empirical analyses show an inverse U relationship between trade diversification and level of development. Trade diversification measures used do not take into account differences in complexity of exports, and complexity indices only consider products with comparative advantages. This study seeks to cover both gaps by analyzing the differences in the determinants of trade diversification, considering the complexity of products exported by 19 Western Hemisphere countries from 1962 to 2017. The results show that after controlling for economic complexity, the inverted U relationship disappears. Development of financial markets positively affects the complexity of trade diversification in the long term, while the terms of trade that have a negative effect on trade diversification does not affect the complexity-corrected indices. In the short term, transaction costs and trade openness appear to have a significant effect.

scholarly journals PENGARUH VARIABEL MAKRO EKONOMI TERHADAP PERTUMBUHAN EKONOMI INDONESIA TAHUN 2015-2019

2021 ◽  
Vol 2 (2) ◽  
pp. 88-99
Author(s):  
Feby Kinanda
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Unemployment Rate ◽  
Trade Balance ◽  
Inflation Rate ◽  
Short Term ◽  
Negative Effect ◽  
The Exchange Rate ◽  
Positive Effect

This study aims to analyze the effect of macroeconomic variables including the open unemployment rate, trade balance, inflation rate and the rupiah exchange rate against the dollar on Indonesian economic growth by using the ECM error correction model approach to see the long-term and short-term relationships that influence macro variables on economic growth. , in the long term the open unemployment rate variable, the trade balance, the inflation rate have a negative effect while the exchange rate has a positive effect, while in the short term the open unemployment rate, the inflation rate and the exchange rate have a negative effect while the trade balance has a positive effect.   Keywords: Economic Growth, Open Unemployment Rate, Trade Balance, Inflation, Exchange Rate

scholarly journals ANALYSIS OF ECONOMIC ON ENVIRONMENTAL DEGRADATION IN INDONESIA

2021 ◽  
pp. 251
Author(s):  
Rahardyan Haris Yuswinarto ◽  
Edy Yusuf Agung Gunanto
Keyword(s):  
Economic Growth ◽  
Population Growth ◽  
Environmental Degradation ◽  
Short Term ◽  
Gas Emissions ◽  
Co2 Gas ◽  
Negative Effect ◽  
Short And Long Term ◽  
Dynamic Time

Environmental degradation occurs is influenced by economic growth and the means of transportation that support it, besides that, the population size also affects the occurrence of environmental degradation. This study aims to determine the effect of economic growth, population growth and total of transportation on environmental degradation in short and long term. This research uses dynamic time series autoregressive distribution lag method. The results showed that the gross domestic product (GDP) variable had a significant positive effect in increasing CO2 gas emissions both in the short and long term. The variable amount of transportation has a positive and insignificant effect on the increase in CO2 gas emissions in the short term and has a negative effect in the long term. Meanwhile, population growth variable has a positive and significant effect in the short term and negative and significant in the long term.

scholarly journals Struktur Pendanaan dan Profitabilitas: Studi pada Perusahaan Non-Keuangan yang Listing di Bursa Efek Indonesia

2019 ◽  
Vol 1 (1) ◽  
pp. 55-66
Author(s):  
Irene Rini Demi Pangestuti ◽  
Dinar Nur Septiyanto
Keyword(s):  
Capital Structure ◽  
Random Sampling ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Short Term ◽  
Return On Assets ◽  
Negative Effect ◽  
Equity Ratio ◽  
Positive Effect

Purpose- The study was conducted to examine the effect of capital structure on profitability. Variables of the capital structure are Long-term Debt to total assets (LTD), Short-term Debt to total assets (STD) and Debt to Equity Ratio (DER) while profitability is proxied by Return on Assets (ROA. Research is conducted on all Non-Financial companies listed on the Indonesia Stock Exchange (IDX) in the period 2014-2016. Methods- Use the Purposive Random Sampling technique to take samples. Samples taken from Bloomberg. The sample used amounted to 175 companies using multiple regression analysis SPSS program assistance. Finding- The results of the study note that LTD and STD have a significant negative effect on ROA. DER has not a significant positive effect on ROA.

scholarly journals Pengaruh Harga Emas Dunia, Harga Minyak Mentah Dunia dan Indeks Produksi Industri Terhadap Indeks Saham di Jakarta Islamic Index (JII) Dalam Jangka Panjang dan Jangka Pendek (Periode Januari 2005-Desember 2015)

2017 ◽  
Vol 4 (7) ◽  
pp. 515
Author(s):  
Dwi Purnamasari ◽  
Raditya Sukmana
Keyword(s):  
Crude Oil ◽  
Industrial Production ◽  
Secondary Data ◽  
Stock Index ◽  
Short Term ◽  
Long Run ◽  
The World ◽  
Negative Effect ◽  
Positive Effect

This research aims to know the influence of long-term and short-term world gold price, the price of crude oil to the world, and the index of industrial production against the stock index at the Jakarta Islamic Index (JII) during the period January to December 2015-2015. The object of this research is the stock index at the Jakarta Islamic Index (JII). Types of data used are secondary data. This research method using technical analysis with quantitative method of Error Correction Mechanism (ECM). The results showed that significant influence world gold prices in the long term and the short term against a stock index of JII. While the price of crude oil the world significant negative effect on the long run, and a significant positive effect on the short term. The index of industrial production turned out to be only a significant effect in the long term, but not in the short term.

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