market distortion
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2021 ◽  
Author(s):  
Isda Iskandar

This article, explain about how the mechanism of Islamic market, as we know that market is a place to exchange of goods or services. Islam, places the market on an important position on economy. Basically, Islamic Economy want a free market mechanism that can makes a fair price that obtained based on supply and demand, and there shouldn’t be disturbance that causes the market balance being damaged. But in reality, it’s a difficult thing to find a market that runs fairly. We call this condition market distortion. In the reality, market distortions still occur frequently, so that it can harm the parties involved as market participants.


2021 ◽  
Author(s):  
Isda Iskandar

This article, explain about how the mechanism of Islamic market, as we know that market is a place to exchange of goods or services. Islam, places the market on an important position on economy. Basically, Islamic Economy want a free market mechanism that can makes a fair price that obtained based on supply and demand, and there shouldn’t be disturbance that causes the market balance being damaged. But in reality, it’s a difficult thing to find a market that runs fairly. We call this condition market distortion. In the reality, market distortions still occur frequently, so that it can harm the parties involved as market participants.


2021 ◽  
Vol 7 (1) ◽  
pp. 11-22
Author(s):  
Hendrianto Hendrianto ◽  
A Hasan Ridwan

The researcher conducted this research with the intention of explaining the prohibition of selling/buying on people who are in the process of bidding on goods, both in terms of fraternity and the negative impact  (consequences) that arise when bidding occurs while other people are still khiyar. This research was conducted by means of a literature review (Library Research) which uses data collection techniques in the form of documentation. For data analysis, namely literature analysis. The results show that Islam recommends maintaining brotherhood, especially in bargaining for goods when buying and selling so as not to result in market distortion, loss of willingness, violating the value of tolerance, unfair competition, the emergence of hatred, conflict of needs, and a weak level of prudence.


2021 ◽  
Vol 9 (1) ◽  
pp. 123-131
Author(s):  
Jezyl Cutamora ◽  

In the Philippines, a mixture of public and private higher education institutions (HEIs) exists. Because of the government subsidy among the public HEIs, the major concern of the private sector is the “uneven playing field”. This study hopes to eliminate this unhealthy competition and market distortion in the educational landscape. This study utilizes the quantitative non-experimental retrospective explanatory design. Results show that regardless of the extent of state intervention, the market can be distorted. Hence, assigning specific programs to be offered based on the type of HEI is a good alternative. The programs to be fully subsidized and offered by the government are agriculture, sciences, engineering, manufacturing and construction, and humanities and arts (HA) while services, health and welfare, education and social sciences, business and law programs will be for private sector service providers. This stimulates healthy competition among the HEIs leading to a better quality of education.


2021 ◽  
Author(s):  
Juan Tang ◽  
Fangming Qin

Abstract From the perspective of factor market distortion, this paper explores the effect and internal mechanism of local government competition on green total factor productivity (GTFP). A three-stage DEA model was applied to measure the GTFP of 30 provinces from 2008 to 2017. Furthermore, the article analyses local government competition and factor market distortions influence on GTFP using the Spatial SDM model and mediation effect model. The statistical results reveal that the spatial correlation of GTFP is significantly present across Chinese different provinces. The growth of GTFP will be significantly inhibited by local government competition. Local government competition can indirectly restrict the improvement of GTFP through factor market distortion. Regional heterogeneity indicates that, in the eastern and central regions, local government competition does not significantly inhibit the growth of GTFP. Moreover, local government competition failed to restrain the improvement of GTFP through factor market distortion. However, in the western region, local government competition not only inhibited the growth of GTFP, but also inhibited the growth of GTFP by causing factor market distortion.


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