PERBEDAAN TEKNOLOGI PRODUKSI: IMPLIKASI PADA KONTEN FAKTOR PERDAGANGAN INDONESIA-AMERIKA SERIKAT

2014 ◽  
Vol 8 (2) ◽  
pp. 209-228
Author(s):  
Berlian Sitorus
Keyword(s):  
Labor Productivity ◽  
Production Technology ◽  
Bilateral Trade ◽  
Value Added ◽  
The United States ◽  
Input Output ◽  
Factor Content ◽  
Goods And Services ◽  
Capital Intensive ◽  
The U.S

Penelitian ini bertujuan untuk membandingkan teknologi produksi antara Amerika Serikat (AS) dan Indonesia, khususnya untuk mengestimasi intensitas faktor produksi pada perdagangan bilateral kedua negara berdasarkan persyaratan Leamer (1980). Model penelitian mengacu pada definisi konten faktor perdagangan dari Trefler & Zhu (2010) berdasarkan data World Input-Output Database (WIOD) yang diuji dengan asumsi teknologi sama dan pada saat teknologi berbeda. Dalam konten faktor perdagangan bilateral, upah pekerja AS 16 kali upah pekerja Indonesia, namun secara total, rata-rata akses modal tenaga kerja AS 23 kali rata-rata akses modal tenaga kerja Indonesia dan nilai tambah dari tenaga kerja di AS 35 kali lebih tinggi dibanding di Indonesia. Dengan memperhitungkan produktivitas faktor produksi berdasarkan nilai tambah tersebut, ternyata Indonesia padat modal dan AS padat karya; dan disimpulkan juga bahwa teknologi produksi yang digunakan di AS berbeda dengan di Indonesia. Selama 2000-2009, sebagian besar, yaitu sekitar 84,57% dari 35 sektor produksi yang diamati adalah padat modal. Untuk meningkatkan produktivitas tenaga kerja, penelitian ini merekomendasikan agar modal dan teknologi yang baru diprioritaskan ke sektor-sektor yang masih rendah produktivitasnya seperti sektor pertanian sehingga pada gilirannya akan menambah volume dan nilai tambah ekspor Indonesia. This study aims to compare the production technology between the United States and Indonesia, especially to estimate the factor intensity of production on bilateral trade based on the Leamer’s requirements (1980). The research model refers to the definition of trade factor content of trade of Trefler and Zhu (2010) based on data from the World Input-Output Database (WIOD). The model was tested based on two technology assumptions, similar technology and different technology. On the bilateral trade factor content, the labor prices of the U.S. was 16 times than Indonesian; however in overall, the average of capital access per labor of the U.S. was 23 times than Indonesian and the labor productivity in the U.S. was 35 times higher than in Indonesia. By accounting the production factors productivity based on value-added in exportimport of goods and services, Indonesia is capital intensive and the U.S. is labor intensive; and the production technology used in the U.S. is unlike that one used in Indonesia. In the period of 2000-2009, the production sectors, which are classified as capital intensive are around 84.57 percent. To increase labor productivity, the study recommends that the new capital stocks and technology should be prioritized to the sectors that are still low in productivity such as agriculture, which in turn will increase the volume and exports value-added of Indonesia.

scholarly journals Method of value chain mapping with international input–output data: application to the agricultural value chain in three Greater Mekong Subregion countries

2021 ◽  
Vol 10 (1) ◽  
Author(s):  
Ikuo Kuroiwa
Keyword(s):  
Value Chain ◽  
Value Added ◽  
Input Output ◽  
Output Data ◽  
Primary Input ◽  
Goods And Services ◽  
Unit Structure ◽  
Data Application ◽  
Final Output ◽  
Greater Mekong Subregion

AbstractExtending the technique of unit structure analysis, which was originally developed by Ozaki (J Econ 73(5):720–748, 1980), this study introduces a method of value chain mapping that uses international input–output data and reveals both the upstream and downstream transactions of goods and services, as well as primary input (value added) and final output (final demand) transactions, which emerge along the entire value chain. This method is then applied to the agricultural value chain of three Greater Mekong Subregion countries: Thailand, Vietnam, and Cambodia. The results show that the agricultural value chain has been increasingly internationalized, although there is still room to benefit from participating in global value chains, especially in a country such as Cambodia. Although there are some constraints regarding the methodology and data, the method proves useful in tracing the entire value chain.

Understanding China’s New Dual Circulation Development Strategy: A Marxian Input-Output Analysis

2021 ◽  
pp. 048661342110219
Author(s):  
Lijun Su ◽  
Junshang Liang
Keyword(s):  
Development Strategy ◽  
Bilateral Trade ◽  
The United States ◽  
Jel Classification ◽  
Chinese Government ◽  
Input Output ◽  
Output Analysis ◽  
Input Output Analysis ◽  
New Development ◽  
Abstract Labor

The Chinese government has proposed a new development model called Dual Circulation, which, we argue, is a response to the upsurge of trade protectionism in recent years, as well as an acceleration of China’s long-planned restructuring of its economy. Our input-output analysis reveals the inferior global distributional position of China and the dire consequences it faces from a counterfactual US-China trade decoupling. Specifically, China on average transferred out about 9 percent of its abstract labor during 2010–14, and it stands to lose 2.5 percentage points in its growth rate and over 10 million jobs if the United States and China completely transfer their bilateral trade to other partners. JEL classification: B51, O24, D57

Measuring economies’ pivotability on the global value chain under the perspective of inter-country input–output network

2021 ◽  
pp. 2150289
Author(s):  
Lizhi Xing ◽  
Yu Han ◽  
Dawei Wang
Keyword(s):  
Value Chain ◽  
Betweenness Centrality ◽  
Value Added ◽  
The United States ◽  
Global Value Chain ◽  
Input Output ◽  
Trade Disputes ◽  
Industrial Sectors ◽  
Edge Based ◽  
Novel Coronavirus

Under the dual background of trade disputes between China and the United States and the epidemic of 2019 novel coronavirus, the existing Global Value Chain (GVC) division and trading system are facing unprecedented impact. This paper reinforces the present studies on international trade by analyzing the fragments of GVC, which are made of numerous Inter-Country Input–Output (ICIO) relations. We first redefine the inter-country and inter-sector propagating process of intermediate goods, coming up with the concept of Strongest Relevance Path Length (SRPL) based on Revised Floyd–Warshall Algorithm (RFWA). Second, enlightened by betweenness centrality, we introduce Weighted Betweenness Centrality of Edge based on RFWA to measure the Value-Added Pivotability of Input–Output Relations, which brings forth pivotability at domestic, international, and global levels. The results show how much a given country can influence the world economic pattern by linking worldwide upstream and downstream industrial sectors, be it at home or abroad. Also, we can try to explain what is the cause of the phenomenon that the economic influence of nations is trading off and taking turns with all sorts of local or even global evens happening.

Relationship Between Second Life and the U.S. Economy

2010 ◽  
pp. 82-94 ◽  
Author(s):  
Rosemarie Reynolds ◽  
Yusuke Ishikawa ◽  
Amanda Macchiarella
Keyword(s):  
United States ◽  
Market Economy ◽  
Second Life ◽  
Federal Reserve ◽  
Significant Relationship ◽  
The United States ◽  
Financial Data ◽  
Goods And Services ◽  
The Relationship ◽  
The U.S

Second Life is a virtual world designed to be a free, laissez-faire market economy in which Linden Dollars are used to buy and sell goods and services. This study investigated the relationship between the economies of Second Life and the United States, using financial data collected from Linden Lab and the Federal Reserve. Partial correlation analyses were computed between two pairs of economic measures, and our results indicated that there was a significant relationship between the two economies.

scholarly journals The Fall of the Labor Share and the Rise of Superstar Firms*

2020 ◽  
Vol 135 (2) ◽  
pp. 645-709 ◽  
Author(s):  
David Autor ◽  
David Dorn ◽  
Lawrence F Katz ◽  
Christina Patterson ◽  
John Van Reenen
Keyword(s):  
Value Added ◽  
The United States ◽  
Market Concentration ◽  
Technological Changes ◽  
Labor Share ◽  
Economic Census ◽  
New Interpretation ◽  
Labor's Share ◽  
The U.S ◽  
Number Of Firms

Abstract The fall of labor’s share of GDP in the United States and many other countries in recent decades is well documented but its causes remain uncertain. Existing empirical assessments typically rely on industry or macro data, obscuring heterogeneity among firms. In this article, we analyze micro panel data from the U.S. Economic Census since 1982 and document empirical patterns to assess a new interpretation of the fall in the labor share based on the rise of “superstar firms.” If globalization or technological changes push sales toward the most productive firms in each industry, product market concentration will rise as industries become increasingly dominated by superstar firms, which have high markups and a low labor share of value added. We empirically assess seven predictions of this hypothesis: (i) industry sales will increasingly concentrate in a small number of firms; (ii) industries where concentration rises most will have the largest declines in the labor share; (iii) the fall in the labor share will be driven largely by reallocation rather than a fall in the unweighted mean labor share across all firms; (iv) the between-firm reallocation component of the fall in the labor share will be greatest in the sectors with the largest increases in market concentration; (v) the industries that are becoming more concentrated will exhibit faster growth of productivity; (vi) the aggregate markup will rise more than the typical firm’s markup; and (vii) these patterns should be observed not only in U.S. firms but also internationally. We find support for all of these predictions.

scholarly journals Does wage reflect labor productivity? A comparison between Brazil and the United States

2018 ◽  
Vol 38 (4) ◽  
pp. 629-649 ◽  
Author(s):  
ALEXANDRE GORI MAIA ◽  
ARTHUR SAKAMOTO
Keyword(s):  
United States ◽  
Economic Development ◽  
Labor Productivity ◽  
Wage Differentials ◽  
The United States ◽  
Occupational Groups ◽  
Economic Cycles ◽  
Productivity Differentials ◽  
The Relationship ◽  
The U.S

ABSTRACT The study compares the relationship between wages and labor productivity for different categories of workers in Brazil and in the U.S. Analyses highlight to what extent the equilibrium between wages and productivity is related to the degree of economic development. Wages in the U.S. has shown to be more attached to labor productivity, while Brazil has experienced several economic cycles were average earnings grew initially much faster than labor productivity, suddenly falling down in the subsequent years. Analyses also stress how wage differentials, in fact, match productivity differentials for certain occupational groups, while for others they do not.

scholarly journals Economic Contributions of the Green Industry in the United States in 2007–08

2011 ◽  
Vol 21 (5) ◽  
pp. 628-638 ◽  
Author(s):  
Alan W. Hodges ◽  
Charles R. Hall ◽  
Marco A. Palma
Keyword(s):  
United States ◽  
Building Materials ◽  
Value Added ◽  
The United States ◽  
Total Output ◽  
Full Time ◽  
Regional Economic ◽  
Green Industry ◽  
Total Sales ◽  
The U.S

Economic contributions of the green industry in each state of the United States were estimated for 2007–08 using regional economic multipliers, together with information on horticulture product sales, employment, and payroll reported by the U.S. Economic Census and a nursery industry survey. Total sales revenues for all sectors were $176.11 billion, direct output was $117.40 billion, and total output impacts, including indirect and induced regional economic multiplier effects of nonlocal output, were $175.26 billion. The total value added impact was $107.16 billion, including employee compensation, proprietor (business owner) income, other property income, and indirect business taxes paid to state/local and federal governments. The industry had direct employment of 1.20 million full-time and part-time jobs and total employment impacts of 1.95 million jobs in the broader economy. The largest individual industry sectors in terms of employment and value added impacts were Landscaping services (1,075,343 jobs, $50.3 billion), Nursery and greenhouse production (436,462 jobs, $27.1 billion), and Building materials and garden equipment and supplies stores (190,839 jobs, $9.7 billion). The top 10 individual states in terms of employment contributions were California (257,885 jobs), Florida (188,437 jobs), Texas (82,113 jobs), North Carolina (81,113 jobs), Ohio (79,707 jobs), Pennsylvania (75,604 jobs), New Jersey (67,993 jobs), Illinois (67,382 jobs), Georgia (66,042 jobs), and Virginia (58,677 jobs). The total value added of the U.S. green industry represented 0.76% of U.S. Gross Domestic Product (GDP) in 2007, and up to 1.60% of GDP in individual states. On the basis of a similar previous study for 2002 (Hall et al., 2006), total sales of horticultural products and services in 2007–08 increased by 3.5%, and total output impacts increased by 29.2%, or an average annual rate of 5.8% in inflation-adjusted terms.

Accounting for carbon emissions associated with tourism-related consumption

2018 ◽  
Vol 24 (5) ◽  
pp. 510-525 ◽  
Author(s):  
Meiwei Tang ◽  
Shouzhong Ge
Keyword(s):  
Carbon Dioxide ◽  
Gross Domestic Product ◽  
Carbon Footprint ◽  
Carbon Emissions ◽  
Value Added ◽  
Total Carbon ◽  
Low Carbon ◽  
Input Output ◽  
Output Table ◽  
Goods And Services

This article explores the issues of carbon dioxide (CO2) emissions resulting from the production of the goods and services provided to supply tourism consumption. First, we define the scope of tourism activities and the resulting tourism consumption and tourism direct gross value added (TDGVA). Second, we calculate CO2 emissions for sectors and compile a carbon input-output table (CIOT). Third, we adjust the tourism-related products consumed according to the range of the corresponding sectors of the CIOT. Finally, we use Shanghai as an example to calculate the carbon emissions that result from tourism consumption using the input-output model. This study shows that the TDGVA accounted for 7.97% of the Gross Domestic Product (GDP) in 2012, whereas the carbon footprint of tourism accounted for 20.45% of total carbon emissions. The results demonstrate that tourism is not a low-carbon industry in Shanghai.

scholarly journals “Path-Dependency” Effect in Japan-U.S. Trade

2021 ◽  
Vol 65 (11) ◽  
pp. 31-39
Author(s):  
Z. Podoba ◽  
V. Gorshkov
Keyword(s):  
United States ◽  
Foreign Trade ◽  
Structural Changes ◽  
Bilateral Trade ◽  
Trade Agreements ◽  
The United States ◽  
Path Dependency ◽  
Trade Negotiations ◽  
Trade Relations ◽  
The U.S

The paper addresses current issues in Japan-U.S. foreign trade following the signing of the Japan-U.S. Trade Agreement and the Japan-U.S. Agreement on Digital Trade in October 2019. By providing an overview of Japan-U.S. trade relations, analyzing current trends in bilateral foreign trade and outlining basic terms of new bilateral agreements, the authors conclude that “path-dependency” in Japan-U.S. contemporary foreign trade persists and trade relations between the two countries are to a greater extent influenced by the U.S. trade policy which aims to assure a broader access of American companies to Japanese markets – the situation that was typical for bilateral trade relations since the 1980s. “Path-dependency” in Japan-U.S. trade relations, conventionally categorized by the existence of numerous trade contradictions, is pronounced in the unchanged goals, strategy and tactics of foreign trade negotiations. The United States maintains its “attacking” role and dominates in the bilateral trade negotiations, while Japan, despite its enhancing influence in the multilateral trading system and regional trade agreements, is forced to “self-defend” and make concessions to a more dominant partner in order to maintain its automobile exports to the United States at the expense of its national interests in other industries, particularly in the agricultural sector. Thus, new trade agreements are unlikely to cause significant structural changes in Japan-U.S. bilateral trade in the shortterm as the problem of persistent trade deficits remains. In order to break the vicious circle of “path-dependency” Japan is to actively cooperate with the economies of the European Union which have large amounts of trade deficits with the U.S., can serve as a mediator in the U.S. – China trade conflicts, as well with other Asian countries via mega-FTAs which possess potential risks to the United States. Further development of foreign trade cooperation will depend on the initiatives of new governments in both countries.

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