scholarly journals Growth of oil/gas sectors and non oil/gas trade: The impact on labor-force participation rates in Indonesia

2018 ◽  
Author(s):  
Andi Sessu

Export trade balance, oil and non-oil imports, Indonesia is in an active state or economy to prosper, while the results of multiple regression analysis showed that the export of non oil/gas, non oil/gas import, oil and gas imports and economic growth positive effect on the labor force participation rate, which means every increased four variables also increased labor force participation rate, while oil and gas exports have negative effect means that any increased export of oil and gas resulting in a decline in labor force participation rates and significant effect of all the variables of the labor force participation rate in Indonesia. Multiple correlation coefficients obtained r = 0.998 shows the effect of variable export of non oil/gas, non oil/gas import, export of oil and gas, oil and gas imports, economic growth together very strong and the coefficient of determination together the five variables can be R = 0.996 shows the percentage contribution of influence together of 99% means that only 0.01% contribution of other variables influence the level of labor force participation in Indonesia. It can be concluded that the development of oil and gas trade and non-oil and gas in Indonesia still need cooperation between individual communities, private sector, civil society and government in an effort to increase trade in Indonesia, because it is very big influence on the labor force participation rate that could lower the unemployment rate and can automatically reducing poverty, because unemployment and poverty in Indonesia is still high when compared with some other countries in the world

2017 ◽  
Vol 4 (2) ◽  
pp. 217 ◽  
Author(s):  
Adnan Khaliq ◽  
Dilawar Khan ◽  
Sultan Akbar ◽  
Muhammad Hamayun ◽  
Barkat Ullah

Female labor force plays a significant role in the economic development of a country. The core objective of this paper is to examine the nexus between female labor force participation rate and Pakistan’s economic growth using time series data for the period 1990-2014. The data was extracted from World Development Indicators database. Augmented-Dickey Fuller (ADF) test was applied to examine the data for unit root. The results show that both the variables--- female labor force participation rate and economic growth---are stationary at first difference i.e. I(1). The error correction model (ECM) and Johansen co-integration tests were used to examine the co-integration relation between the variables. The econometric results conclude that there is long-run and a U-shaped link between economic growth and women labor force participation rate of Pakistan. The results conclude that lower female labor force participation rate leads to lower economic growth in Pakistan. This paper has important policy implications, suggests that policies intend to remove such barriers could help to enhance the Pakistan’s economic growth.


2021 ◽  
Vol 6 (2) ◽  
pp. 280
Author(s):  
Ayu Sapitri

This study aims to analyze and determine the effect of population factors on economic growth in the Province of the Bangka Belitung Islands. The analysis method used is panel data regression. The type of data is quantitative data in the form of ADHK GRDP data by Regency/City, population growth rate, labor force participation rate, average length of schooling and life expectancy from 2010-2019. The data source is secondary obtained from the Central Bureau of Statistics of the Bangka Belitung Islands Province. The results showed that the population growth rate had a negative and significant effect on economic growth while the labor force participation rate had a positive and insignificant effect on economic growth, the average length of schooling had a positive and significant effect on economic growth and life expectancy had a positive and significant effect on growth. the economy of the Bangka Belitung Islands Province. Simultaneously the population growth rate, labor force participation rate, average length of schooling and life expectancy have a positive and significant impact on economic growth in the Province of the Bangka Belitung Islands.Keywords: Economic Growth, Population Growth Rate, Labor Force Participation Rate, Average Length of Schooling, and Life Expectancy.JEL :  O40, J11, J21, P36


2018 ◽  
Vol 7 (2) ◽  
pp. 33
Author(s):  
Putri Susanti ◽  
Cut Putri Mellita Sari

This study aims to determine the effect of economic growth and population growth on labor force participation rate (LFPR) in Lhokseumawe city from 2007 to 2015. The data used in this study is secondary data obtained from the Central Bureau of Statistics (BPS) during 2007 to 2015. Data analysis method used in this research is Multiple Linear regression analysis method with the help of EVIEWS. The results partially (t-test) show that economic growth has a positive and significant effect on labor force participation rate (LFPR) in Lhokseumawe City from 2007 to 2015 and population growth has a positive and significant effect on labor force participation rate (LFPR) in Lhokseumawe City from 2007 to 2015. Simultaneously (F test) indicates that economic growth and population growth have a positive and significant effect on labor force participation rate (LFPR) in Lhokseumawe City from 2007 to 2015. Economic growth and population growth affect labor force participation rate (LFPR) by 14.7863% and the rest 85.2137% is influenced by other variables outside of this study. 


2019 ◽  
Vol 3 (2) ◽  
pp. 124-138
Author(s):  
Syamsu Pratama

Economic growth of a region can assess from various aggregate sizes, one of them is GDRP (Gross Regional Domestic Product). Based on theory, GDRP can influenced by several variables, including world commodity prices which have the largest share of GDP, labor force participation rate (LFPR), Human Development Index (HDI), income inequality, open unemployment rate and percentage of the poor. In 2015 Bangka Belitung Islands Province GRDP had a share of around 0.5 percent of Indonesia's GDP. The largest share is West Bangka Regency with 11.46 trillion rupiahs, while the smallest one is East Belitung with 6.112 trillion rupiahs.To find out picture of economic growth and the influence of variable prices of palm oil commodities, LFPR, HDI income inequality, open unemployment and the percentage of the poor on economic growth in the Bangka Belitung Islands Province 2008-2015, the method used is descriptive analysis and panel data regression.The best model for estimating GDRP growth in Bangka Belitung Islands Province in 2008-2015 is the fix effect model with Seemingly Uncorrelated Regression Method. With alpha 5 percent, the variables that significantly influence economic growth are HDI, the percentage of the poor, labor force participation rate (LFPR), income inequality, open unemployment rate and world commodity prices.economic growth


2019 ◽  
Vol 8 (2) ◽  
pp. 82-95
Author(s):  
Tri Utari ◽  
Junaidi Junaidi ◽  
Hardiani Hardiani

This research aims to analyze the state of population growth, dependency ratio, labor force participation rate, contribution of the agricultural sector and economic growth in regencies/cities in Jambi Province. In addition, it also analyzes the influence of population growth, the dependency ratio, the level of labor force participation and the contribution of the agricultural sector to economic growth in regencies/cities in Jambi Province in 2012-2017. The method of analysis in this research is panel data analysis with the fixed effect method. The results of the study provide the conclusion that population growth and the dependency load ratio have a positive and significant effect on economic growth in regencies/cities in Jambi Province. The level of labor force participation and the contribution of the agricultural sector have no significant effect on economic growth in the regencies/cities of Jambi Province. Keywords: Population Growth, Dependency Ratio, Labor Force Participation Rate, Agricultural Sector Contribution, and Economic Growth.


2015 ◽  
Vol 31 (6) ◽  
pp. 2283
Author(s):  
Patrick J. Litzinger ◽  
John H. Dunn

The U.S. Labor Force Participation Rate (LFPR) is defined as the number of people in the labor force as a percentage of the civilian noninstitutional population 16 years and over.  In a paper published in November, 2013, we examined the determinants of the decline in the LFPR from a 1998 peak of 67.2% to then, 63.3%.  Consensus of a number of economic studies at that time was that the primary determinant of the decline was cyclical and that an improving economy would stop, if not reverse, the downward trend. Since that time the unemployment rate has declined from 7.2% to 5.3%.  However, the LFPR has continued its decline to 62.6%.  Structural issues in the economy would appear to have far greater effect on LFPR decline than previously believed. In this paper we examine the following classes of structural determinants and their effects on LFPR: demographics, including not only the prime working cohort of ages 25 to 54, but also those of retirement age; the impact of a welfare system that appropriately provides a critical safety net, but one that reduces incentive to work through disability payments, extended unemployment benefits, and other subsidies;  education for both those of a higher level of attainment, as well as an underclass that no longer receives training by business, but must rely on both public and private vocational education; and finally the consequences of globalization on the economy, including the virtual disappearance of semi-skilled industries in the United States that heretofore have provided jobs for high school graduates.


2021 ◽  
Vol 16 (1) ◽  
pp. 17-27
Author(s):  
Ratnaningsih Hidayati

Investment and labor are factors that affect the economic growth of a region. Economic growth is measured by Gross Regional Domestic Product (GRDP). The purpose of this study is to explain the effect of investment in the mining sector and the labor force participation rate on the GRDP of South Kalimantan. This study employs a quantitative approach with secondary data on macroeconomic indicators obtained from the Central Statistics Agency of South Kalimantan. The data used is panel data which is a combination of time series data with cross-section data. The estimation results of the Fixed Effect Model show that foreign investment, domestic investment, and the level of labor force participation simultaneously have a significant effect on economic growth in South Kalimantan. Partially, foreign investment on mining sector has a negative and insignificant effect; domestic investment on mining sector has a positive and significant effect, and Labor Force Participation Rate has a negative and significant effect on economic growth in South Kalimantan


1994 ◽  
Vol 18 (1) ◽  
pp. 55-75 ◽  
Author(s):  
Jon R. Moen

The fall in the labor force participation rate of older men in the United States has been dramatic. In 1860 approximately 76% of men 65 and older were in the labor force. Today less than 20% work. Much of the decline has been explained in terms of a shift from agricultural occupations to manufacturing or industrial occupations, where participation historically has been lower at older ages. Participation rates, however, appear to have been constant in both farm and urban households through 1930, thus challenging the thesis that industrialization and urbanization were causes of the fall in the participation rate of older men.


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