scholarly journals Analysis of Work Performance and Export Competitiveness in Province of Indonesia

Author(s):  
Nani Rosita

The purpose of this study is to analyse the export performance of provinces in Indonesia, the effect of export and capital stock on the long-term and short-term economic growth of Indonesia and the competitiveness of provinces in exporting Indonesia’s leading products. The panel data from 33 provinces in Indonesia from 2000-2016 is used in this study. The secondary data is consist of gross regional domestic product (GRDP), export value and gross fixed capital formation (GFCF). Export performance is measured using regional export performance index meanwhile, the effect of export and capital stock on long-term and short-term economic growth is analysed using cointegrated panel model and error correction model (ECM) panel. Finally, RCA dynamic is used in analysing export competitiveness. The results show that export performance of each province have various rating on the regional economies. Only 11 provinces have regional export performance index higher than while, meaning that only 33.3% of the total provinces, while the rest of the provinces have index that are less than one. This shows that only few provinces that can provide good performance of export. Based on the co-integrated test, there is a long-term relation between GRDP, export and GFCF. In both long-term and short-term, export and GFCF have positive impact on GRDP showing that the increase in export and/or GFCF will increase GRDP, which will results in economic growth. Furthermore, the results of RCA dynamic show that the export competitiveness is not always following the growth of national export segment. Indonesia’s rubber and coal exports have negative growth of national export segment while export of palm oil, coffee and textile have positive growth.Keywords:     export performance, competitiveness, export led growth, cointegrate panel, ECM panel

Author(s):  
Nani Rosita

The purpose of this study is to analyse the export performance of provinces in Indonesia, the effect of export and capital stock on the long-term and short-term economic growth of Indonesia and the competitiveness of provinces in exporting Indonesia’s leading products. The panel data from 33 provinces in Indonesia from 2000-2016 is used in this study. The secondary data is consist of gross regional domestic product (GRDP), export value and gross fixed capital formation (GFCF). Export performance is measured using regional export performance index meanwhile, the effect of export and capital stock on long-term and short-term economic growth is analysed using cointegrated panel model and error correction model (ECM) panel. Finally, RCA dynamic is used in analysing export competitiveness. The results show that export performance of each province have various rating on the regional economies. Only 11 provinces have regional export performance index higher than while, meaning that only 33.3% of the total provinces, while the rest of the provinces have index that are less than one. This shows that only few provinces that can provide good performance of export. Based on the co-integrated test, there is a long-term relation between GRDP, export and GFCF. In both long-term and short-term, export and GFCF have positive impact on GRDP showing that the increase in export and/or GFCF will increase GRDP, which will results in economic growth. Furthermore, the results of RCA dynamic show that the export competitiveness is not always following the growth of national export segment. Indonesia’s rubber and coal exports have negative growth of national export segment while export of palm oil, coffee and textile have positive growth.Keywords:     export performance, competitiveness, export led growth, cointegrate panel, ECM panel


2018 ◽  
Vol 5 (2) ◽  
pp. 95 ◽  
Author(s):  
Nguyen Thi Canh ◽  
Nguyen Anh Phong

This study is to assess the impact of public investment on private investment and economic growth in Vietnam based on data from 22 economic industries over a 27-year period (1990-2016) by applying PVAR model combined with GMM. The results show that public investment and state sector investment (including public investment and state-owned enterprise investment for production and business activities) has the same positive impact economic growth in most economic industries in the long term, but state sector investment also creates more growth effects in the short term. Public investment has a cyclical impact on private capital stock (domestic private + FDI capital stock) and FDI investment; it has the effect of boosting domestic private investment, FDI investment in the short and long term. Meanwhile, state-sector investment has decreased the private capital stock in the short term, crowds out domestic private and FDI investments in the short term, and in the long term. Both public investment and state sector investment has the effect of increasing public debt in the long term. Based on these results we have some policy recommendations to increase efficiency of public investment and state sector investment.


2015 ◽  
Vol 8 (1) ◽  
pp. 149-165
Author(s):  
Lira Sekantsiand ◽  
Mamofokeng Motlokoa

AbstractThis paper empirically examines the electricity consumption - economic growth nexus in Uganda for the period 1982 to 2013, with a view to contributing to the body of literature on this topic and informing energy policy design in Uganda. Using capital stock as an intermittent variable in the causality framework, the paper employs Johansen-Juselius (1988, 1995) multivariate cointegration and VECM based Granger causality tests and finds a bidirectional causality between electricity consumption and economic growth in the long-term and distinct causal flow from economic growth to electricity consumption in the short-run, and short-term and long-term Granger causality from capital stock to economic growth, with short-run feedback in the opposite direction. Therefore, it implies that firstly, the Government of Uganda (GoU) can implement conservation policies only through reducing energy intensity and promoting efficient energy use to avoid decline in output and secondly, that the GoU should intensify its efforts towards capital accumulation in order to realize sustainable economic growth. Lastly, the empirical evidence that electricity consumption influences some short-term capital accumulation supports the GoU’s efforts to allow private sector investment in the electricity sector in an effort to increase electricity supply.


2016 ◽  
Vol 4 (2) ◽  
pp. 91
Author(s):  
Dudi Septiadi ◽  
Harianto Harianto ◽  
Suharno Suharno

<em>Poverty is one of the major problems in Indonesia is unresolved. Rice is the main food commodities that affect the welfare of million people in Indonesia. Rice is a major source of calories most of the Indonesian people. The objective of this study was to analyze the impact of rice policy on poverty in Indonesia. Specifications of research model using simultaneous equations and allegedly with the method Two Stages Least Squares (2SLS). The data used is secondary data with the time span from 1981 to 2014. The results showed that a decrease in the retail price of rice is able to reduce poverty. But the effect is relatively small. Real retail rice price increase 1 percent would increase poverty by 0.037 percent in the short term and amounted to 0.124 percent in the long term. Economic growth to be the only variable that significantly affect poverty. Increase economic growth by 1 percent would reduce poverty by 0.090 percent in the short term and amounted to 0.306 percent in the long term. In an effort to reduce the number of poor people, government purchasing price policy should be followed by other rice policy, such a policy increase the area of irrigated area.</em>


2022 ◽  
Vol 4 (1) ◽  
Author(s):  
Faridsky Faridsky ◽  
Syarwani Canon ◽  
Boby Rantow Payu

This study aims to determine the impact of monetary policy and FDI on economic growth and discuss it. The monetary indicator variables used are inflation, interest rates and exchange rates. The data used in this study are secondary data in 1990-2019 sourced from data from the Central Bureau of National Statistics and the World Bank. The analysis model in this study uses Multiple Linear Regression with the Error Correction Model (ECM) analysis model. The results of the analysis show that in the long term monetary variables (inflation, interest rates and exchange rates) have a significant effect on economic growth. And in the short term FDI has a significant effect on economic growth. It is concluded that monetary variables (inflation, interest rates and exchange rates) are the main variables that affect economic growth in the long and short term.


Author(s):  
Knut Blind ◽  
Florian Ramel ◽  
Charolotte Rochell

AbstractFormal standards codify knowledge. Next to patents representing the generation of innovative knowledge, standards can hence be used to proxy the diffusion of innovative knowledge in macroeconomic growth models. Previous work mainly investigates the positive impact of in particular patents, but also standards on economic growth in short term, single country studies. This study is the first to examine the long-term effects of formal standards and patents on economic growth in a panel of eleven EU-15 countries between 1981 and 2014 using panel cointegration techniques. From policy makers' perspective standardization has also gained recently an increasing attention, e.g. in the call for the development of a European standardization strategy in the update of the industrial strategy. Our results show that European and international standards foster growth for the group of countries but that national standards have ambiguous growth effects in the panel. For patents, no significant effect on growth in this group of countries is identified.


2020 ◽  
Vol 6 (2) ◽  
pp. 223
Author(s):  
Eny Widiaty ◽  
Anton Priyo Nugroho

Economic growth is a fundamental indicator in assessing economic performance. In assessing the economic growth, it can use several important variables such as Inflation, Government Consumption Expenditure, Foreign Debts, and Sharia Finance. In turn, this research aims to analyze the impacts of these variables on the economic growth in Indonesia (Quarter I – Quarter IV) in the period of 2011-2018. The Error Correction Model used in the analysis method. The results of the analysis showed that the variable inflation in the long-term harmed economic growth; while, in the short-term, the level of inflation had a positive impact on economic growth. Meanwhile, the variable of Government Consumption Expenditure had a negative contribution to economic growth. Furthermore, foreign debt in the long term hurt economic growth, but for the short term, it could bring the positive one. Variable of Sharia finance showed a good result both in the short term and in the long term with a negative correlation with economic growth in Indonesia. However, all variables of inflation, Government Consumption Expenditure, foreign debts, and sharia finance simultaneously had an impact on National Economic Growth.


2021 ◽  
Vol 251 ◽  
pp. 01076
Author(s):  
Zhuhui Wu

FDI is very important to the economic development of a region. The Yangtze River economic belt is one of the important economic core regions in China. In order to study the impact of global foreign direct investment on the economic growth of the Yangtze River economic belt, this paper uses VAR model to analyze the dynamic relationship between FDI and GDP in the Yangtze River economic belt. The results show that FDI has a positive impact on the growth of the Yangtze River Economic Belt in the short term, but not in the long term. At the same time, the economic development of the Yangtze River economic belt has a positive impact on FDI.


2020 ◽  
Vol 2 (1) ◽  
pp. 151
Author(s):  
Widya Ayu Lastri ◽  
Ali Anis

This Study aims to examine and to analisys the influencing factors on economic growth in Indonesia, which the variables are e-commerce, inflation and exchange rate. This study is associative descriptive research, which using secondary data from 2011Q1-2018Q4 that obtained from relevant institutions and agencies. Analisys using Error Correction Model (ECM) method. This study using Ordinary Lest Square (OLS) method to know the long term effect and ECM to know the short term effect at one blow.The study found that in the long term, e-commerce and exchange rate have a significant effect and inflation have not a significant effect. And in the short term, e-commerce have a positive and significant effect, while inflation and exchange rate have a negative and not significant.


2021 ◽  
Vol 10 (1) ◽  
pp. 23
Author(s):  
Fadila Arza ◽  
Murtala Murtala

This study aims to analyze the effect of oil product exports and petroleum imports on the economic growth of Indonesia. This study uses secondary data. The method used to analyze the relationship between endogenous and exogenous variables is a dynamic model with the Vector Error Correction Model (VECM) approach. The results in the long-term and short-term show that Oil Products Exports have a positive effect on the Economic Growth of Indonesia. In the long-term and short-term, petroleum imports negatively influence the economic growth of Indonesia.Keywords:Oil Product Exports, Crude Oil Imports, Economic Growth


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