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Journal : Economic Journal of Emerging Markets

ECONOMIC POLICIES ON RICE COMMODITY AND WELFARE Muhammad Asaad
Economic Journal of Emerging Markets Volume 2 Issue 1, 2010
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v2i1.2381

Abstract

This study aims at determining the impacts of economic policies on rice and welfare in Indonesia.It estimates a simultaneous equation model with two-stage least squares method, using secondarydata from 1979 until 2008. The simulation of partial policy will be a trade-off for the producers andconsumers of rice. The policy of the floor grain price is still needed to respond to the increasedproduction of rice. The paper suggests that if the input subsidy is taken out, it should be preferablyfollowed by the increase in output, and at least, the rising percentage should be in the same numberso that the policy will be better off.Keywords: Welfare, trade-off, better-off, simultaneous equation modelJEL classification numbers: Q13, Q18
AN ANALYSIS OF MANUFACTURING MARKET STRUCTURE IN NORTH SUMATRA PROVINCE Muhammad Asaad; Rasidin Karo-Karo Sitepu
Economic Journal of Emerging Markets Volume 3 Issue 3, 2011
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v3i3.2978

Abstract

This study aims to analyze market structure and manufacturing industry performance on the economy of North Sumatra. The analysis uses two approaches, namely SCP analysis and econometric model. The data used is the Survey of Large Medium 2005-2009. The result shows that the structure of the industry is more dominant, including tight oligopoly, only small parts which belong to loose oligopoly and oligopoly markets. Some industries which have important roles for the economy are the palm oil industry, food and beverage industry, rubber industry and rubber products, and iron and steel basic industries, and basic non-ferrous metals.Keywords: market structure, industry performance, manufacturing industry, local economyJEL classification numbers: L10, L20, L60