scholarly journals Analysis of Social, Economic and Population in Central Java Using the Dynamic Data Panel Simultaneous Equation Model

2019 ◽  
Vol 3 (1) ◽  
pp. 79
Author(s):  
Supriyanto Supriyanto
Keyword(s):  
Panel Data ◽  
Structural Equation ◽  
Participation Rate ◽  
Simultaneous Equation ◽  
Equation Model ◽  
Dynamic Panel Data ◽  
Least Square ◽  
Simultaneous Equation Model ◽  
Dynamic Panel ◽  
Central Java

A single equation model that is often used ignores the interdependence between response variables. Frequently encountered variables that have a two-way relationship. These interrelated two-way relationships can be summarized in a simultaneous equation model system. There is a relationship between variables which are in fact dynamic. In the system model of simultaneous equations with dynamic panel data, each structural equation is a dynamic panel data regression equation. The estimation of using Ordinary Least Square (OLS) in the dynamic panel data model results in biased and inconsistent predictors because there is a lag of the dependent variable that correlates with the error. First difference in dynamic panel models is used to eliminate individual effects. Instrument variables are needed, namely variables that do not correlate with errors. Therefore, dynamic panel data models are more suitable to be used in analyzing poverty and social change. From the simultaneous equation model obtained, the dominant factors affecting the level of poverty in Central Java Province are the unemployment rate, Human Development Index, labor force participation rate, population, and Gross Regional Domestic Product.

scholarly journals ESTIMASI PARAMETER PADA SISTEM MODEL PERSAMAAN SIMULTAN DATA PANEL DINAMIS DENGAN METODE 2 SLS GMM-AB

2018 ◽  
Vol 11 (2) ◽  
pp. 79-91
Author(s):  
Arya Fendha Ibnu Shina
Keyword(s):  
Panel Data ◽  
Structural Equation ◽  
Simultaneous Equation ◽  
Equation Model ◽  
Dynamic Panel Data ◽  
Least Square ◽  
System Model ◽  
Reduced Form ◽  
Simultaneous Equation Model ◽  
Dynamic Panel

Single equation models ignore interdependencies or two-way relationships between response variables. The simultaneous equation model accommodates this two-way relationship form. Two Stage Least Square Generalized Methods of Moment Arellano and Bond (2 SLS GMM-AB) is used to estimate the parameters in the simultaneous system model of dynamic panel data if each structural equation is exactly identified or over identified. In the simultaneous equation system model with dynamic panel data, each structural equation and reduced form is a dynamic panel data regression equation. Estimation of structural equations and reduced form using Ordinary Least Square (OLS) resulted biased and inconsistent estimators. Arellano and Bond GMM method (GMM AB) estimator produces unbiased, consistent, and efficient estimators.The purpose of this paper is to explain the steps of 2 SLS GMM-AB method to estimate parameter in simultaneous equation model with dynamic panel data.  Keywords:2 SLS GMM-AB, Arellano and Bond estimator, Dynamic Panel Data, Simultaneous Equations

scholarly journals Labor Absorption and Its Impact on Gross Regional Domestic Product

2013 ◽  
Vol 14 (2) ◽  
pp. 147
Author(s):  
Made Ika Prastyadewi ◽  
Agus Suman ◽  
Devanto Shasta Pratomo
Keyword(s):  
Fixed Effect Model ◽  
Simultaneous Equation ◽  
Equation Model ◽  
Least Square ◽  
Domestic Product ◽  
Simultaneous Equation Model ◽  
Agriculture Sector ◽  
Effect Model ◽  
Working Age ◽  
Positive Effect

The objective of this study is to examine the determinants of labor absorption in the trade, hotel and restaurant sector and its impact on Gross Regional Domestic Product/GRDP at Bali Province. This study is important due to the fact that the GRDP in this sector is the highest compared to other sector but the labor absorption is lower than the agriculture sector. This study used panel data comprising 9 regencies/cities at Bali Province in the period 2003-2009 including fixed effect model and simultaneous equation model of Two-Stage Least Square. The results showed that GRDP, working age population, and the minimum wage have positive effect on employment, while the educated unemployment has no significant effect on the employment in the trade, hotel and restaurant sector. In addition, increases in employment and workers productivity have positive and significant effects the GRDP in the trade, hotel and restaurant sector at Bali Province.

Resolve Product Harm Crisis for Manufacturing System: A Simultaneous Equation Model

2012 ◽  
Vol 252 ◽  
pp. 398-403
Author(s):  
Zheng Fang ◽  
Yang Yang ◽  
Fu Min Deng
Keyword(s):  
Structural Equation Model ◽  
Purchase Intention ◽  
Structural Equation ◽  
Manufacturing System ◽  
Simultaneous Equation ◽  
Equation Model ◽  
Simultaneous Equation Model ◽  
Perceived Fairness ◽  
System A ◽  
Negative Impacts

Product-harm crisis which can also be defined as: well publicized events wherein products are found to be defective or even dangerous. Product-harm crisis often occurs in manufacturing system and has negative impacts on companies. This paper implemented empirical research and structural equation model to study how repair strategies protect purchase intention of brand and restore satisfaction of manufacturing system. Based on the empirical result, we suggest that managers should consider consumers’ perceived fairness to the repair strategies and focus on how win consumers’ forgiveness, so as to maintain customer satisfaction of manufacturing system.

scholarly journals ANALISIS DETERMINAN PERTUMBUHAN EKONOMI DAN KEMISKINAN DI SUMATERA BARAT

2019 ◽  
Vol 1 (3) ◽  
pp. 769
Author(s):  
Lili Manaulisda Fitri ◽  
Hasdi Aimon
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Cross Section ◽  
Simultaneous Equation ◽  
Equation Model ◽  
Least Square ◽  
Simultaneous Equation Model ◽  
Exogenous Variables ◽  
West Sumatra ◽  
Determinants Of Economic Growth

This study aims to explain the determinants of economic growth and poverty in West Sumatra. This study using Simultaneous Equation Model to determine the effect of exogenous variables on endogenous variable, the analysis uses Indirect Least Square (ILS) method. This study uses a data panel (cross section and time series) sourced from the Central Statistics Agency of West Sumatra. The analysis results show that labor, investment, and unemployment has a significant effect on economic growth, otherthat investment, unemployment, and education has a significant effect on poverty, and poverty has a significant effect on economic growth.

scholarly journals DAMPAK DEVALUASI YUAN TERHADAP PEREKONOMIAN INDONESIA PENDEKATAN MODEL PERSAMAAN SIMULTAN

2018 ◽  
Vol 12 (1) ◽  
pp. 117-134 ◽  
Author(s):  
Febria Ramana ◽  
Nasrudin Nasrudin
Keyword(s):  
Simultaneous Equation ◽  
Equation Model ◽  
Least Square ◽  
Simultaneous Equation Model ◽  
Two Stage ◽  
Simulation Scenario ◽  
Economic Shock ◽  
The Government ◽  
The Impact ◽  
Trade And Investment

Penelitian ini bertujuan untuk menganalisis dampak devaluasi yuan terhadap perekonomian Indonesia. Penelitian ini menggunakan skenario simulasi model persamaan simultan dengan metode estimasi Two Stage Least Square (2SLS). Hasil dari analisis ini menunjukkan bahwa devaluasi yuan berdampak signifikan terhadap perekonomian Indonesia melalui jalur perdagangan dan investasi. Pada blok perdagangan, devaluasi yuan menyebabkan ekspor Indonesia ke negara lain mengalami penurunan, terutama ekspor ke China karena devaluasi yuan lebih besar dibandingkan rupiah. Hal ini membuat produk China relatif lebih murah dibandingkan Indonesia. Pada blok investasi, total investasi meningkat karena investor beralih dari China ke Indonesia yang didorong tingkat pengembalian modal di China menurun. Sementara itu, pada blok moneter, nilai rupiah dan PDB Indonesia menurun akibat penurunan net ekspor lebih besar dibandingkan peningkatan FDI. Devaluasi rupiah pun memicu imported inflation. Secara keseluruhan, devaluasi yuan berdampak negatif bagi perekonomian Indonesia. Oleh karena itu, penting bagi Indonesia untuk mengurangi ketergantungan terhadap China, terutama dalam perdagangan. Hal ini dapat dilakukan dengan diversifikasi pasar dan peningkatan kualitas produk ekspor. This paper examines and provides an analysis regarding the impact of an economic shock, yuan devaluation, on the Indonesian economy. We analyze a simulation scenario by using simultaneous equation model with two-stage least square (2SLS) method. Empirical findings exhibit that shock has the significant impact on Indonesian economy through both of trade and investment transmissions. In trade block, Indonesian export to China has the most decreasing rather than others countries because of yuan more decrease than rupiah. In investment block, a total of investment gets the impact to rise, particularly in Foreign Direct Investment (FDI) from China, caused by decreasing wealth of foreign investors in China.   Meanwhile, in the monetary block, the value of rupiah and Indonesian GDP simultaneously get the impact to decline, whereas yuan devalution leads Indonesian inflation to rise. Therefore, it is essential for the government to decrease Indonesian dependence on China, particularly in trade block. Some options which government should implement are market diversification and increasing export products quality.

scholarly journals PENGARUH KEPUASAN GAJI, SISTEM PENGENDALIAN INTERNAL DAN BUDAYA ORGANISASI TERHADAP KECENDERUNGAN TINDAK KORUPSI

2020 ◽  
Vol 7 (2) ◽  
pp. 10-23
Author(s):  
Ari Ani Dyah Setyoningrum
Keyword(s):  
Organizational Culture ◽  
Control Systems ◽  
Internal Control ◽  
Structural Equation ◽  
Equation Model ◽  
Partial Least Square ◽  
Least Square ◽  
Pay Satisfaction ◽  
State University ◽  
Central Java

Corruption becomes an important issue for countries in Asia including in Indonesia. The number of cases of corruption to make Indonesia as a nation with high levels of perceived corruption in the world. This study aimed to explore the perceptions of government officials at the State University in Central Java on the effect of pay satisfaction, internal control systems, and organizational culture against corruption tendencies.   The sampling method using purposive sampling. The sample in this study amounted to 145 employees in the financial sub department of State University in Central Java. Data collection using questionnaire. Analysis of the data in this study using the Structural Equation Model ( SEM ) component -based Partial Least Square ( PLS ) 2.0 M3. The results of this study indicate that the variable pay satisfaction does not effect on the propensity to corruption. Internal control system does not affect the trend of corruption. Organizational culture collectivism dimension negatively affect the tendency of corruption. Organizational culture dimension uncertainty avoidance does not affect the trend in corruption.  Keywords : corruption, pay satisfaction, internal control systems, organizational culture.

scholarly journals Asset Utilization and Company Performance

2019 ◽  
Vol 4 (1) ◽  
pp. 15-24
Author(s):  
Christian Herdinata
Keyword(s):  
Simultaneous Equation ◽  
Equation Model ◽  
Least Square ◽  
Company Performance ◽  
Simultaneous Equation Model

This study examines the expropriation that occurs in asset utilization due to tunneling. This study aims to examine the effect of asset utilization on company performance. This study used a sample of 130 companies in Indonesia to examine the effect of asset utilization on company performance. This research uses simultaneous equation model with Three-Stage Least Square tech- nique. The results showed that asset utilization has a positive and significant effect on company performance. The result of the research shows that asset utilization which is managed and well controlled has influence to improve company performance.

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