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KAUSALITAS UPAH MINIMUM REGIONAL DENGAN LAJU INFLASI DI PROVINSI D.I. YOGYAKARTA Mohammad Khaerul Azis; Muhammad Ghafur Wibowo
Optimum: Jurnal Ekonomi dan Pembangunan Vol 6, No 2 (2016)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (594.547 KB) | DOI: 10.12928/optimum.v6i2.7874

Abstract

This study aims to analyze the causal relationship between the regionalminimum wage (UMR) with the rate of infl ation, as well as long-term relationship of two variables. Several previous studies have said that there is a unidirectional relationship, both infl ation affect UMR, or UMR affecting infl ation. There was even a study that found that there is a two-way (reciprocal) between the two. In this study, an analysis tool used is the Vector Autoregression (VAR). From the results, it can be concluded that the relationship between the minimum wage to infl ation in the province of DIY is a unidirectional relationship, where infl ation affects the amount of the minimum wage set. These results indicate that the regional minimum wage stipulatedin Yogyakarta province has been in accordance with the principles of remuneration within the perspective of Islamic Economics as one of the considerations in setting is infl ation. Thus, the element of appropriateness as one element in remuneration are met. Through the study also concluded that the regional minimum wage (UMR) with contained infl ation long-term relationship.
THE EFFECT OF EDUCATION AND HDI ON ECONOMIC GROWTH IN THE SPECIAL REGION OF YOGYAKARTA Muhammad Zulfikar Yusuf; Nurrahmy Hidayati; Muhammad Ghafur Wibowo; Navi'ah Khusniati
Jurnal Ekonomi dan Pendidikan Vol 19, No 1 (2022)
Publisher : Universitas Negeri Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/jep.v19i1.47963

Abstract

The human development index and education are one of the benchmarks for the success of economic development. Each country seeks to improve development achievements both monetary and non-monetary. This study aims to examine the effect of the Human Development Index and education as proxied by Average Years of Schooling, Expected Years of Schooling, Literacy Rate on economic growth. This study uses a panel data analysis method consisting of five districts/cities in the Province of the Special Region of Yogyakarta with an interval of 2015-2020. The data used is secondary data originating from the Central Statistics Agency. The results of this study indicate that HDI and AMH variables do not affect economic growth. While the variables RLS and HLS have a significant positive effect on economic growth. This research can be a reference for optimizing education and human development policies to increase economic growth in Yogyakarta.