Strategi Perbankan Syariah Sebagai Solusi Pengembangan  Halal Industry di Indonesia

This study aims to improve halal industry through the role of sharia banking with financing channeled by the Islamic banks to finance customers. The method used in this research is qualitative and quantitative research. The qualitative data processing technique is sourced from the analysis of the interviews conducted by the syariah bank and the financing customer, while the quantitative analysis uses secondary time series data derived from publication reports from OJK and BPS from 2005 to 2017 with Eviews software tool. The variables of this research are halal sectors (Halal GDP) as dependent variable; total sharia bank financing; inflation, and export of halal industry as an independent variable. The results of this study proves that sharia banking can encourage the increase and development of halal industrial sector through financing customers in Islamic banks. The econometric results also prove that research variables such as the number of halal industrial sectors will increase with the increase in the business of customers who get halal certification. Despite the inflationary conditions, it does not slow the growth of halal industrial sector.

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The Role of Technical Innovation and Development of Industrial Sector in Korean International Business

International Journal of Business and Society ◽

10.33736/ijbs.3162.2021 ◽

2021 ◽

Vol 22 (1) ◽

pp. 55-73

Author(s):

Ali Mohammed Khalel Al-Shawaf ◽

Tahira Yasmin

Keyword(s):

Time Series Data ◽

Positive Impact ◽

Generalized Method Of Moments ◽

Value Added ◽

Industrial Sector ◽

Least Square ◽

Policy Implications ◽

Series Data ◽

Significance Level

With the pace of development and competitiveness, innovation plays an important role to capture the market share. Various countries have effective strategies to enhance Research and Development (R&D) and exchange value added products in international market. So, based on this the aim of this research is to examine the role of R&D, industrial design and charges for intellectual property in innovative exports in South Korean economy. Time series data for the period 1998 to 2017, Ordinary Least Square (OLS) and Generalized Method of Moments (GMM) models are used to determine the dynamic interrelationship among the study variables. In summary, the overall results show that there is co-integration rank of in both trace test and value test at 1% significance level. Moreover, OLS and GMM findings depict that there is significant and positive coefficient for ID & RD which represent that they have positive impact on HT. Whereas, the IP displays a negative and significant relationship with high technology exports accordingly. Lastly, the diagnostic tests show that model is stable for the study time period and result is reliable. The current study also suggests some policy implications which can enhance innovative export products of South Korea while enhancing R&D.

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The impacts of China’s FDI on employment in Thailand’s industrial sector

Journal of Chinese Economic and Foreign Trade Studies ◽

10.1108/jcefts-09-2015-0023 ◽

2016 ◽

Vol 9 (1) ◽

pp. 60-84 ◽

Cited By ~ 2

Author(s):

Mathavee Keorite ◽

Mohamed Moubarak

Keyword(s):

Time Series Data ◽

Driving Forces ◽

Dominant Role ◽

Government Expenditure ◽

Impulse Response Function ◽

Industrial Sector ◽

Series Data ◽

Content Type ◽

Reduction Potentials ◽

Industrial Sectors

Purpose – This study aims to analyze the effect of inward foreign direct investment (FDI) on new job creation. This study pays attention to factors interrelated to China’s FDI by using the case of Thailand. Design/methodology/approach – Using time series data from 2001 to 2014, this paper explores the driving forces and reduction potentials of employment in Thailand’s industrial sector with consideration for dynamic changes within the vector autoregression model. Findings – The results show that government expenditure plays a dominant role in increasing employment in Thailand’s industrial sector and exports plays a dominant role in decreasing employment in Thailand’s industrial sector. All variables are co-integrated and the analysis of the impulse–response function also turns out to be synchronous. Furthermore, in the short term, exports are more critical than China’s FDI in industrial sectors in reduction potentials of employment in Thailand’s industrial. Practical/implications – Policies should be devised to increase skilled labour and improve the equality of infrastructure in the country to attract more FDI into the economy and for quick adjustment purposes in case of shock to the system. Originality/value – The paper uncovers some important factors influencing employment in Thailand’s industrial sector under study and provides a guide-map for policymakers.

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Moderation of Non Performing Financing on Natural Uncertainty Contracts To The Profitability of Islamic Commercial Bank In Indonesia

International Journal of Economics Business and Accounting Research (IJEBAR) ◽

10.29040/ijebar.v4i02.1051 ◽

2020 ◽

Vol 4 (02) ◽

Author(s):

Taudlikhul Afkar ◽

Grahita Chandrarin ◽

Lilik Pirmaningsih

Keyword(s):

Structural Equation ◽

Quantitative Research ◽

Time Series Data ◽

Equation Model ◽

Series Data ◽

Islamic Banks ◽

Business Managers ◽

Quantitative Research Methods ◽

Research Results ◽

Analysis Technique

This study intends to provide an overview of the consistency of research results with theoretical and empirical points of view, it is done because many research results are inconsistent with the theory. Quantitative research methods are used to make generalizations using a sample of 14 Islamic Commercial Banks in Indonesia with time series data collection techniques for 5 years. The data analysis technique used is multivariate analysis using the Warp PLS structural equation model. The results showed that the level of profitability of Islamic banks is always overshadowed by the occurrence of credit risk that causes non-performing financing from financing of the type of natural uncertainty contracts because it is type of financing is a financing that does not provide certainty of results. The results of this study are consistent with agency theory that explains the existence of information asymmetry, and consistent with the theory of mixing that by providing opportunities to manage business to business managers (mudharib/mustyarik) without interference from the owner of the fund (shaibul maal) can lead to the risk of default and thus affect the ability of Islamic banks to obtain profitability.

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The Influence of Economic Transformation From The Agricultural Sector To The Industrial Sector To Economic Growth In Indonesia

Jurnal Dinamika Ekonomi Pembangunan ◽

10.33005/jdep.v1i1.64 ◽

2018 ◽

Vol 1 (1) ◽

pp. 6-11

Author(s):

Abdulrahman Taresh Abdullah ◽

Mohammad Wasil

Keyword(s):

Economic Growth ◽

Agricultural Sector ◽

Time Series Data ◽

Industrial Sector ◽

Economic Transformation ◽

Series Data ◽

Correction Model ◽

Vector Error Correction ◽

Industrial Sectors ◽

Vector Error

The purpose of this research is the research and development of the industrial sector's economy to the agricultural sector, as well as the influence of agricultural and industrial sectors on economic growth in Indonesia. The data used is time series data, 1960-2015. The method used in this research is Vector Error Correction Model (VECM). From the estimation results, it is concluded that the economic growth rate and the industrial sector negatively affect the agricultural sector, it can be said that the increasing economic growth achieved in Indonesia has increased the industrial sector and lower the agricultural sector. While the results of research that the agricultural sector negatively affect the economic growth while the industrial sector positively affects economic growth, in the sense that the agricultural sector has a bad contribution in economic growth in Indonesia.

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FUNGSI SEKTOR UNGGULAN INDUSTRI TERHADAP PERTUMBUHAN EKONOMI DELI SERDANG

Quantitative Economics Journal ◽

10.24114/qej.v6i2.17539 ◽

2020 ◽

Vol 6 (2) ◽

Author(s):

Muhammad Nasir

Keyword(s):

Economic Growth ◽

Time Series Data ◽

Growth Function ◽

Industrial Sector ◽

Series Data ◽

Industrial Concentration ◽

Industry Sector ◽

A Value ◽

Independent Variable ◽

North Sumatra

Deli Serdang area surrounds the capital of North Sumatra Medan, there are industrial concentration of industrial concentration in Sunggal sub-district, Tanjung Morawa sub district, Percut Sei Tuan sub-district, on the other side of industry sector contribute greatly to society prosperity level of Deli Serdang which is 32,12%. The problem is how much influence the industrial sector has on the economic growth in Deli Serdang. The purpose of this study to determine the magnitude of the influence of industrial sector on economic growth Deli Serdang. The industrial sector has a value of LQ> 1 means the industrial sector is a leading sector for Deli Serdang. To know the magnitude of industrial sector influence on the economic growth, linear regression model is used. This study uses time series data from 1993-2015 taken from BPS North Sumatra. The result of analysis shows that 15% of economic growth variation can be explained by industry sector while 85% is explained by other independent variable which is not included in research model. The value of these negative constants shows that without the leading sector of the industry the economic growth in deli serdang decreases. The estimation result of Deli Serdang's economic growth function is influenced by the industry's leading sectors having a positive and significant influence with 95% confidence level.

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Service Sector Performance, Industry and Growth in Nigeria

International Journal of Service Science Management Engineering and Technology ◽

10.4018/ijssmet.2020010103 ◽

2020 ◽

Vol 11 (1) ◽

pp. 31-45

Author(s):

Oluseun A Ishola ◽

Modinat O Olusoji

Keyword(s):

Public Administration ◽

Service Sector ◽

Time Series Data ◽

Empirical Studies ◽

Industrial Sector ◽

Policy Implications ◽

Series Data ◽

Industrial Sectors ◽

Sector Performance ◽

The Individual

This article extends previous empirical studies on service-industrial sector interactions and their impact on growth. It provides evidence from quarterly time series data using OLS, from 2010 to 2016 to account for new subsectors introduced from 2010 following the rebasing of the Nigerian economy. The article employs a disaggregated model to capture the individual productivities of subsectors. Series stationarity was determined with the ADF and PP test, thereafter Johansen technique was applied. The results indicate that while both services and the industrial sector contributed significantly to the economic growth (GDP) of Nigeria, some subsectors i.e. public administration, professional, scientific and technical services, transport (road, rail, pipeline, air, water), utilities (electricity, gas, and water supply, sewage, waste management) were found to be deficient. Finally, this article draws some policy implications to further strengthen the service and industrial sectors so as to maximise the potentials therein through the prescription of sector-specific policies.

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The National Banking Crisis in Applied Early Warning System (EWS)

Jurnal Dinamika Ekonomi Pembangunan ◽

10.33005/jdep.v1i1.68 ◽

2018 ◽

Vol 1 (1) ◽

pp. 37-45

Author(s):

Nadia Sasri W

Keyword(s):

Economic Growth ◽

Agricultural Sector ◽

Time Series Data ◽

Warning System ◽

Industrial Sector ◽

Series Data ◽

Correction Model ◽

Vector Error Correction ◽

Industrial Sectors ◽

Vector Error

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The Role of Institutional Credit in the Agricultural Development of Pakistan

The Pakistan Development Review ◽

10.30541/v30i4iipp.1039-1048 ◽

1991 ◽

Vol 30 (4II) ◽

pp. 1039-1048 ◽

Cited By ~ 5

Author(s):

Sohail J. Malik ◽

Mohammad Mushtaq ◽

Manzoor A. Gill

Keyword(s):

Agricultural Development ◽

Time Series Data ◽

Low Cost ◽

Series Data ◽

Agricultural Credit ◽

Policy Makers ◽

Independent Variable ◽

The Government ◽

Agriculture Development

There has been a consensus among Pakistani policy-makers since the early 1970s that the shift from a resource-based to a science-based agriculture can be facilitated through the availability of agricultural credit. The official statistics on the disbursement of agricultural credit bear testimony to this behalf. A perusal of Thble 1 shows clearly that while other inputs such as fertilizer offtake, the availability of improved seed, water and tractors grew at rates ranging from 3 percent to 15 percent per annum over the period from 1971-72 to 1986-87, the disbursement Of institutional credit to the rural sector of Pakistan grew at an impressive 28 percent. It is interesting to note that while agricultural production, measured as an index with base year 1960, grew at only 3 percent, the ratio of institutional credit to agricultural GNP grew from 0.7 percent in 1971-72 to over 12 percent in 1986-87. 1\\'0 studies have recently appeared in The Pakistan Development Review that highlight important yet diverse aspects of the role of institutional credit in the agriculture development of Pakistan. The first study [Zuberi (1989)] stated that "the strategy for agricultural development in the country has been based on greater utilization of 'high pay-off' low-cost technology. The government advanced loans through fmancial institutions to make it possible for the farmers to acquire this technology". This study, however, using a Cobb-Douglas type production function and time-series data found that specifications which included institutional credit as an independent variable offered meaningless results. Based on the fact that 70 percent of total institutional credit disbursed was for the purchase of seed and fertilizer, the author chose expenditure on these categories as a proxy not only for credit but also for capital and using this and labour obtained significant estimates.

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Non-bank financial institutions and economic growth: Evidence from Africa’s three largest economies

South African Journal of Economic and Management Sciences ◽

10.4102/sajems.v20i1.1545 ◽

2017 ◽

Vol 20 (1) ◽

Cited By ~ 2

Author(s):

Ronald Rateiwa ◽

Meshach J. Aziakpono

Keyword(s):

Economic Growth ◽

South Africa ◽

Financial Institutions ◽

Time Series Data ◽

Bank Lending ◽

Series Data ◽

The Sustainable Development ◽

Long Run ◽

The Relationship

Background: In order for the post-2015 world development agenda – termed the sustainable development goals (SDGs) – to succeed, there is a pronounced need to ensure that available resources are used more effectively and additional financing is accessed from the private sector. Given that traditional bank lending has slowed down, the development of non-bank financing has become imperative. To this end, this article intends to empirically test the role of non-bank financial institutions (NBFIs) in stimulating economic growth.Aim: The aim of this article is to empirically test the existence of a long-run equilibrium relationship between economic growth and the development of NBFIs, and the causality thereof.Setting: The empirical assessment uses time-series data from Africa’s three largest economies, namely, Egypt, Nigeria and South Africa, over the period 1971–2013.Methods: This article uses the Johansen cointegration and vector error correction model within a country-specific setting.Results: The results showed that the long-run relationship between NBFI development and economic growth is relatively stronger in Egypt and South Africa, than in Nigeria. Evidence in respect of Nigeria shows that such a relationship is weak. The nature of the relationship between NBFI development and economic growth in Egypt is positive and significant, and predominantly bidirectional. This suggests that a virtuous relationship between NBFIs and economic growth exists in Egypt. In South Africa, the relationship is positive and significant and predominantly runs from NBFI development to economic growth, implying a supply-leading phenomenon. In Nigeria, the results are weak and mixed.Conclusion: The study concludes that in countries with more developed financial systems, the role of NBFIs and their importance to the economic growth process are more pronounced. Thus, there is need for developing policies targeted at developing the NBFI sector, given their potential to contribute to economic growth.

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The Role of Islamic Banks in the Development of the Jordanian Economy-"Exploratory Study on Arab Islamic Bank"

Journal of Management Research ◽

10.5296/jmr.v8i4.9513 ◽

2016 ◽

Vol 8 (4) ◽

pp. 131

Author(s):

Bader Mustafa Al-Sharif

Keyword(s):

Agricultural Sector ◽

Negative Impact ◽

Industrial Sector ◽

Customer Relationship ◽

Islamic Banks ◽

Islamic Bank ◽

Medium Level ◽

Study Population ◽

The Impact

This study aimed to identify the role of Islamic banks in the development of the Jordanian economy. The study population consisted of public administration and branches of the Arab Islamic Bank. The study sample consisted of (85) customer relationship officers and (30) corporate service officers with a total (115) questionnaires distributed on all respondents. Descriptive approach of means and standard deviation was used; also Simple Regression was used to measure the impact of the role of Islamic banks in the development of the Jordanian economy.Among the most important findings of the study that Islamic banks have a medium level role in the development of the Jordanian economy and the development of the industrial sector, and it was clear that at Islamic banks have low level role with negative impact on the development of agricultural sector. The findings have also revealed that Islamic banks develop the construction sector at a high level.The study recommended the need to overcome the problems faced by agricultural and industrial entrepreneurs by Islamic banks in order to get farmers and manufacturers to get the funds necessary for them as this raises the level of development of the Jordanian economy.

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