scholarly journals PENGARUH IMPOR BAHAN BAKU DAN KOMPLEKSITAS PRODUK TERHADAP PRODUKTIVITAS PERUSAHAAN

2020 ◽  
Vol 4 (1) ◽  
pp. 10-26
Author(s):  
Sirma Oktaviani (Universitas Indonesia) ◽  
Sartika Djamaluddin (Universitas Indonesia)
Keyword(s):  
Fixed Effects ◽  
Manufacturing Industry ◽  
Raw Materials ◽  
Product Complexity ◽  
Firm Level ◽  
Complex Products ◽  
Complexity Index ◽  
Calculation Results ◽  
Industrial Productivity ◽  
One Year

ABSTRACTThe effect of import liberalization on industrial productivity can occur through increased access to inputs and technology transfer to imported products. Another factor that can affect productivity is product complexity. The calculation results of the 2010-2014 Product Complexity Index (PCI) based on the concept of diversity and ubiquity, showed the average 3-digit PCI ISIC was 0.0946 with a minimum value of -2.1324 and a maximum of 2.2157. This study aims to look at the effect of imported raw materials on the productivity of companies that produce more complex products. By using the 2010-2014 Large and Medium Industry Survey data and involving the firm's fixed effects and time, empirical results show that imports of raw materials significantly affect the productivity of companies that produce complex products by -0.0405. In addition, it is known that the manufacturing industry takes approximately one year to absorb technology in complex products so as to increase firm productivity. Firm-level productivity is calculated based on the Levinshon-Petrin (2003) estimated productivity to control selection and simultaneity bias.ABSTRAK Efek liberalisasi impor terhadap produktivitas industri dapat terjadi melalui peningkatan akses input serta transfer teknologi pada produk impor. Faktor lainnya yang dapat mempengaruhi produktivitas adalah kompleksitas produk.  Hasil perhitungan Product Complexity Index (PCI) 2010-2014 berdasarkan konsep keragaman dan ubiquity, menunjukkan rata-rata PCI ISIC 3 digit adalah 0.0946 dengan nilai minimum -2.1324 dan maksimum 2.2157. Penelitian ini bertujuan untuk melihat pengaruh impor bahan baku terhadap produktivitas perusahaan yang lebih banyak menghasilkan produk kompleks. Dengan menggunakan data Survei Industri Besar dan Sedang tahun 2010-2014  serta melibatkan efek tetap perusahaan dan waktu, hasil empiris menunjukkan impor bahan baku mempengaruhi produktivitas perusahaan yang menghasilkan produk kompleks secara signifikan sebesar -0.0405. Selain itu, diketahui bahwa industri manufaktur memerlukan waktu kira-kira satu tahun untuk menyerap teknologi pada produk kompleks sehingga dapat meningkatkan produktivitas perusahaan. Produktivitas level perusahaan dihitung berdasarkan estimasi produktivitas Levinshon-Petrin untuk mengendalikan bias seleksi dan simultanitas. 

Age-related productivity decrease in high-waged and low-waged employees

2019 ◽  
Vol 40 (6) ◽  
pp. 1151-1170
Author(s):  
Liis Roosaar ◽  
Jaan Masso ◽  
Urmas Varblane
Keyword(s):  
Fixed Effects ◽  
Manufacturing Industry ◽  
Labour Productivity ◽  
Firm Level ◽  
Content Type ◽  
Older Employees ◽  
Age Related ◽  
Knowledge Intensive ◽  
Relative Productivity ◽  
Practical Implications

Purpose The purpose of this paper is to clarify whether the age-productivity curve is different for low-waged and high-waged employees. Design/methodology/approach Productivity growth is decomposed at the firm level into contributions by hired, separated and staying workers. Based on a matched employer-employee database of Estonian firms from 2006 to 2014 and considering the age as well as wages of employees, a panel data model with fixed effects is constructed to show the relative productivity of each cohort of employees. Findings High-waged employees appeared to be relatively more productive than low-waged employees and middle-aged were more productive than young or old employees. However, the productivity difference between young and old employees was not statistically significant. The age-productivity curve of high-waged employees appeared to be flatter than that of low-waged employees. Only in knowledge intensive services were the low-waged old employees statistically significantly less productive than high-waged old employees. In the manufacturing industry, the young were more productive than in services, in knowledge intensive services the old were less productive than in traditional services. Research limitations/implications The productivity of employees is only analysed for cohorts of employees. Practical implications Employers can be encouraged to hire older employees because old employees are shown to remain at least as productive as young employees. Originality/value The decomposition of labour productivity at the firm level is further developed, as the statistical difference between the productivity of different groups of employees is analysed.

Proposed Model for Inventory Review Policy through ABC Analysis in an Automotive Manufacturing Industry

2017 ◽  
Vol 29 ◽  
pp. 165-174 ◽  
Author(s):  
S. Nallusamy ◽  
R. Balaji ◽  
S. Sundar
Keyword(s):  
Manufacturing Industry ◽  
Raw Materials ◽  
Global Market ◽  
Inventory Level ◽  
Periodic Review ◽  
Automotive Manufacturing ◽  
Abc Classification ◽  
Abc Analysis ◽  
One Year ◽  
And Control

A global market inventory is one of the largest and most significant resources of a manufacturing business. ABC analysis is one of the methods used extensively in manufacturing industries for inventory classification. The familiar ABC inventory classification approach categorizes inventory items as A, B and C classes according to their annual consumption value. To direct and control the inventory items more proficiently the inventories managers regularly classify and group all the inventory items. The objective of this paper is to create a periodic review policy based on the ABC classification in order to control the raw materials more efficiently. Based on the data collected through original equipment manufacturer, the necessary analysis was carried out. From the observed results, it was found that the developed periodic review policy improved the inventory turnover ratio from 3.15 to 2.13 by optimizing the inventory level for one year.

scholarly journals Measuring the Productivity of the Foods and Beverages Industries in Indonesia: What Factors Matter?

2021 ◽  
Vol 67 (1) ◽  
pp. 132
Author(s):  
Mohammad Zeqi Yasin
Keyword(s):  
Absorptive Capacity ◽  
Firm Size ◽  
Fixed Effects ◽  
Raw Materials ◽  
Market Concentration ◽  
National Standard ◽  
Fixed Effects Model ◽  
Component Level ◽  
Firm Level ◽  
Tfp Growth

The foods and beverages industries have shown the largest share of output in the manufacturing sector of Indonesia for more than a decade. This study aims to investigate its performance indicators through the  growth of total factor productivity (TFP) and its determinants, such as imported raw materials, exports, absorptive capacity, firm size, market concentration, and capital ownership. This study employed firm-level panel data from 2008–2015 and the Growth Accounting method of Solow residual in addition to the fixed effects model to estimate TFP growth and its determinants. The results show that the foods and beverages industries in Indonesia showed positive TFP growth from 2008–2015. Moreover, variables of absorptive capacity, firm size, and market concentration promote the TFP growth of firms. Meanwhile, import intensity discourages TFP growth. However, within a certain threshold, firms with import activities perform better than non-importer firms. However, imports and exports may entail transfer of technology and knowledge and will be the bridge between the firms and the advanced market. This study recommends that policy makers increase the managerial capabilities of firms through a more massive training program as well as provide incentives to workers in the form of rewards or relief of income tax, while also improve product competitiveness through more intensive programs on the Indonesian National Standard (SNI) and the Domestic Component Level (TKDN).

Does the pursuit of more complex products contribute to the productivity of exporting firms?

2019 ◽  
Vol 40 (6) ◽  
pp. 1131-1150
Author(s):  
Uku Varblane ◽  
Sven-Kristjan Bormann
Keyword(s):  
Estimation Methods ◽  
Function Estimation ◽  
Product Complexity ◽  
Firm Level ◽  
Firm Capabilities ◽  
Content Type ◽  
Exporting Firms ◽  
Complex Products ◽  
Learning By Exporting ◽  
Production Function Estimation

Purpose The purpose of this paper is to contribute to the literature on learning by exporting by investigating whether an increase in the complexity of exported products contributes to higher productivity at the firm level. Design/methodology/approach The study implements an empirical analysis for Estonian manufacturing firms involved in exporting for the period 2008–2014, adding product complexity as an explanatory variable in the production function estimation. An increase in product complexity is interpreted as an indirect proxy for an increase in firm capabilities, capturing both tangible and intangible elements of competitiveness and reflecting the learning effects. Findings A relatively weak correlation between product complexity and productivity was found using a simple OLS estimation – exporters with higher product complexity have generally higher productivity levels. Somewhat surprisingly, no evidence for the learning by exporting was found among exporters, meaning that the increased complexity does not seem to be a channel for productivity upgrading. This result seems to be robust, irrespective of estimation methods and sampling preferences. Research limitations/implications The sample is representative of exporting firms. Practical implications The results show that the pursuit to more complex product does not necessarily contribute to productivity for exporting firms. The findings suggest that the firm-level upgrading due to increased export orientation is likely to take place through the other channels like moving up in global value chains and differentiating by product quality. Originality/value This is one of the first papers to investigate the effect of product complexity on productivity at a firm level. The results provide new insights into the learning-by-exporting hypothesis, with focus on potential learning among the existing exporters.

The End of Multi-Fibre Arrangement and Firm Performance in the Textile Industry: New Evidence

2013 ◽  
Vol 52 (2) ◽  
pp. 97-126 ◽  
Author(s):  
Zara Liaqat
Keyword(s):  
Textile Industry ◽  
Manufacturing Industry ◽  
Firm Heterogeneity ◽  
Production Functions ◽  
Firm Level ◽  
Quality Ladders ◽  
Sectoral Differences ◽  
The Mean ◽  
New Evidence ◽  
Empirical Methodology

Using a sample of 321 textile and clothing companies for the years 1992 to 2010, this paper analyses the effect of quota phase-outs on firm-level efficiency in Pakistan following the end of the Multi-Fibre Arrangement (MFA). It highlights sectoral heterogeneity within the manufacturing industry as a result of MFA expiration. The empirical methodology uses the structural techniques proposed by Olley and Pakes (1996), and Levinsohn and Petrin (2003) in order to take care of endogeneity in the estimation of production functions. The results differ for the two industries: MFA expiration lead to an increase in the average productivity of textile producing firms but a significant reduction in the mean productivity of clothing producers. We offer a number of explanations for this outcome, such as a change in the input and product mix, entry by non-exporters in the clothing sector, and sectoral differences in quality ladders. A number of crucial policy lessons can be drawn from the findings of this study. JEL Classification:F13; F14; D24; C14; O19 Keywords: Multi-Fibre Arrangement, Trade Liberalisation, Productivity, Firm Heterogeneity, Simultaneity and Production Functions, Endogeneity of Protection

scholarly journals PROPOSING A SPECIFICATION STRUCTURE FOR COMPLEX PRODUCTS IN MODEL-BASED SYSTEMS ENGINEERING (MBSE)

2021 ◽  
Vol 1 ◽  
pp. 2481-2490
Author(s):  
Joshua Fahl ◽  
Tobias Hirschter ◽  
Gabriel Wöhrle ◽  
Albert Albers
Keyword(s):  
Systems Engineering ◽  
Student Development ◽  
Success Factors ◽  
Research Work ◽  
Development Project ◽  
Product Complexity ◽  
Complex Product ◽  
Complex Products ◽  
Model Based Systems Engineering ◽  
Product Specification

AbstractThis research work presents a methodological support for the specification of complex products. This is achieved by developing a specification structure in a MBSE environment. The new method draws on success factors of complex product specification, principles of MBSE and the explanatory model of PGE – Product Generation Engineering. For evaluation, the method is applied within a student development project. A high applicability and the realization of novel synergies for coping with continuously increasing product complexity is demonstrated.

scholarly journals Efficacy of Targeted Temperature Management after Pediatric Cardiac Arrest: A Meta-Analysis of 2002 Patients

2021 ◽  
Vol 10 (7) ◽  
pp. 1389
Author(s):  
Wojciech Wieczorek ◽  
Jarosław Meyer-Szary ◽  
Milosz J. Jaguszewski ◽  
Krzysztof J. Filipiak ◽  
Maciej Cyran ◽  
...  
Keyword(s):  
Cardiac Arrest ◽  
Survival Rate ◽  
Adverse Events ◽  
Therapeutic Hypothermia ◽  
Hospital Discharge ◽  
Fixed Effects ◽  
Meta Analysis ◽  
Targeted Temperature Management ◽  
Temperature Management ◽  
One Year

Cardiac arrest (CA) is associated with high mortality and poor life quality. Targeted temperature management (TTM) or therapeutic hypothermia is a therapy increasing the survival of adult patients after CA. The study aim was to assess the feasibility of therapeutic hypothermia after pediatric CA. We performed a systematic review and meta-analysis of randomized controlled trials and observational studies evaluating the use of TTM after pediatric CA. The primary outcome was survival to hospital discharge or 30-day survival. Secondary outcomes included a one-year survival rate, survival with a Vineland adaptive behavior scale (VABS-II) score ≥ 70, and occurrence of adverse events. Ten articles (n = 2002 patients) were included, comparing TTM patients (n = 638) with controls (n = 1364). In a fixed-effects meta-analysis, survival to hospital discharge in the TTM group was 49.7%, which was higher than in the non-TTM group (43.5%; odds ratio, OR = 1.22; 95% confidence interval, CI: 1.00, 1.50; p = 0.06). There were no differences in the one-year survival rate or the occurrence of adverse events between the TTM and non-TTM groups. Altogether, the use of TTM was associated with a higher survival to hospital discharge; however, it did not significantly increase the annual survival. Additional high-quality prospective studies are necessary to confer additional TTM benefits.

Border Trade between Regions of Russia and Provinces of China

2021 ◽  
Vol 20 (10) ◽  
pp. 103-116
Author(s):  
Natalya S. Epifanova ◽  
Vladimir N. Akulinin
Keyword(s):  
Manufacturing Industry ◽  
Raw Materials ◽  
Value Added ◽  
Raw Material ◽  
Structural Development ◽  
Regional Economies ◽  
Russian Regions ◽  
Goods And Services ◽  
Border Trade ◽  
Regions Of Russia

The purpose of this article is to study border trade in the regions of Russia and the provinces of China. It is shown that in recent years there have been negative trends in border trade, leading to its reduction. Therefore, Russian regions bordering with China should transform into separate objects of regional policy, while also forming a legislative framework for border interaction in all its main spheres: trade, humanitarian cooperation, science and education, and others. In border cooperation with China, special emphasis should be placed on cooperation in the innovation sphere, as well as on improving the quality of exported goods and services and promoting infrastructure projects. Border trade between the regions of Russia and China is built mainly on trade and export of labour resources from China to Russia, as well as China’s receipt of additional sales channels for the confidently growing sales markets for consumer goods and sources of raw materials and primary products. The interaction of Russian regions with neighbouring provinces on the border with China not only preserves the raw material orientation of these regions, but also hinders the development and strengthening of the manufacturing industry in the structure of their regional economies, since border interaction for Russian regions immobilizes those stages of value-added production observed in the very first stages. In general, for the Chinese provinces there is a similar problem associated with such exports to border regions that have common borders with Russia, which does not contribute to the diversification and structural development of the regional economies of the Chinese provinces. That is why building an effective mechanism for border interaction between Russia and China is a strategically important issue for both countries.

Impact of corporate social responsibility intensity on firm-specific risk and innovation: evidence from Japan

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Megumi Suto ◽  
Hitoshi Takehara
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Research And Development ◽  
Manufacturing Industry ◽  
Corporate Sustainability ◽  
Idiosyncratic Risk ◽  
Firm Level ◽  
Content Type ◽  
Specific Risk ◽  
Corporate Social

Purpose The purpose of this paper is to investigate investors’ perception of corporate social responsibility (CSR) and its risk-mitigating effects on firm-level innovation in Japan from 2006 to 2017. The authors examine the influence of CSR intensity on firm-specific risks, focusing on the risk-moderating effect of CSR on innovation. Design/methodology/approach The authors conducted a simple slope analysis and panel data regressions with input and output innovation measures and idiosyncratic risk based on an asset-pricing model. Findings The results demonstrate that CSR intensity not only reduces firm-specific risk directly but also indirectly by negatively moderating the relationship between firm-level innovation and idiosyncratic risk. Research limitations/implications Signaling trust to capital markets, CSR engagements in the manufacturing industry are clearly important for innovative firms with active research and development undertakings. Practical implications Corporate managers should further expand their efforts to make non-financial disclosures available, considering the interactions between CSR intensity and research and development financial risk. Originality/value In the context of Japanese firms, this study demonstrates the interaction between CSR practices and innovation activities from the perspective of long-term management of corporate sustainability.

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