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Journal : Outline Journal of Economic Studies

Pengaruh Faktor Determinan Sektor Perkebunan Kelapa Sawit terhadap Pertumbuhan Sektor Pertanian di Sumatera Utara: Suatu Analisis Muhammad Fitri Rahmadana
Outline Journal of Economic Studies Vol. 1 No. 1: October - March 2022
Publisher : Outline Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This research aims to investigate the impact of several factors, specifically, the area of oil palm plantations, oil palm production, and the number of workers in the agricultural sector on the agricultural sector's Gross Regional Domestic Product (GRDP) in North Sumatra Province. The study employs secondary data obtained from BPS North Sumatra Province, including PDRB variables in the agricultural sector, the area of oil palm plantations, palm oil production, and the number of workers in the agricultural sector in five districts, namely Asahan, Langkat, Labuhanbatu Utara, Labuhanbatu Selatan, and Labuhan Batu districts. The time series data span from 2008 to 2017. The Ordinary Least Square (OLS) method with a panel data regression estimation model using Eviews 10 was applied to analyze the data. The findings indicate that the collective effect of the independent variables, namely land area, production, and the total workforce of the agricultural sector, has a significant impact on the agricultural sector's GRDP. Furthermore, the results reveal that the land area and palm oil production variables have a positive and significant impact on the agricultural sector's GRDP in North Sumatra Province. In contrast, the labor force in the agricultural sector has a negative effect on the agricultural sector's GRDP in North Sumatra Province.This research aims to investigate the impact of several factors, specifically, the area of oil palm plantations, oil palm production, and the number of workers in the agricultural sector on the agricultural sector's Gross Regional Domestic Product (GRDP) in North Sumatra Province. The study employs secondary data obtained from BPS North Sumatra Province, including PDRB variables in the agricultural sector, the area of oil palm plantations, palm oil production, and the number of workers in the agricultural sector in five districts, namely Asahan, Langkat, Labuhanbatu Utara, Labuhanbatu Selatan, and Labuhan Batu districts. The time series data span from 2008 to 2017. The Ordinary Least Square (OLS) method with a panel data regression estimation model using Eviews 10 was applied to analyze the data. The findings indicate that the collective effect of the independent variables, namely land area, production, and the total workforce of the agricultural sector, has a significant impact on the agricultural sector's GRDP. Furthermore, the results reveal that the land area and palm oil production variables have a positive and significant impact on the agricultural sector's GRDP in North Sumatra Province. In contrast, the labor force in the agricultural sector has a negative effect on the agricultural sector's GRDP in North Sumatra Province.
Determining Factors That Influence Imports of Goods for Development in Indonesia: An Analytical Study Muhammad Fitri Rahmadana
Outline Journal of Economic Studies Vol. 1 No. 2: April - September 2022
Publisher : Outline Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61730/ojes.v1i2.76

Abstract

Indonesia is recognized as a developing nation with a production industry that has yet to achieve sustainability to meet local demand. This is evidenced by Indonesia's reliance on external sources for consumer goods, raw and auxiliary materials, as well as capital goods. The country's importation activities stem largely from the inability of domestic products to compete with foreign counterparts, coupled with a societal inclination towards imported goods as a symbol of grandeur. The present study aims to conduct an analysis of the impact of gross domestic product (GDP), foreign exchange reserves, exchange rates, and inflation on imports within Indonesia during the 2000-2019 period. The analytical approach implemented in this research employs the Error Correction Model (ECM). The findings indicate that in the short term, GDP, foreign exchange reserves, and inflation have a positive and statistically significant impact on imports in Indonesia. In the long run, all the aforementioned variables exhibit a significant and meaningful influence on imports in Indonesia. In this regard, the provision of high-quality domestic production by government and producers is crucial for bolstering the domestic industry's development and rekindling local interest in domestic products.Indonesia is recognized as a developing nation with a production industry that has yet to achieve sustainability to meet local demand. This is evidenced by Indonesia's reliance on external sources for consumer goods, raw and auxiliary materials, as well as capital goods. The country's importation activities stem largely from the inability of domestic products to compete with foreign counterparts, coupled with a societal inclination towards imported goods as a symbol of grandeur. The present study aims to conduct an analysis of the impact of gross domestic product (GDP), foreign exchange reserves, exchange rates, and inflation on imports within Indonesia during the 2000-2019 period. The analytical approach implemented in this research employs the Error Correction Model (ECM). The findings indicate that in the short term, GDP, foreign exchange reserves, and inflation have a positive and statistically significant impact on imports in Indonesia. In the long run, all the aforementioned variables exhibit a significant and meaningful influence on imports in Indonesia. In this regard, the provision of high-quality domestic production by government and producers is crucial for bolstering the domestic industry's development and rekindling local interest in domestic products.