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The Influence of Cognitive Abilities on the Choice of Employment Sector in Indonesia Najib, Nauval; Agustin, Devina; Fitria, Riska; Hartarto, Romi Bhakti
Jurnal Ikatan Sarjana Ekonomi Indonesia Vol 13 No 1 (2024): April
Publisher : Jurnal Ekonomi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52813/jei.v13i1.407

Abstract

Cognitive ability plays a crucial role in determining the overall quality of human resources. However, the level of cognitive ability remains a significant concern in Indonesia, as the country ranks 10th in Asia. The primary objective of this study is to analyse the impact of cognitive ability levels on the choice of employment sector in Indonesia. The findings can potentially aid policymakers and stakeholders in devising targeted strategies to improve the country’s cognitive abilities and effectively allocate human resources across different sectors. The study utilises data from the fifth round of the Indonesian Family Life Survey (IFLS-5) in 2014 and the multinomial logit model for the analysis. The findings highlight a significant relationship between cognitive ability and the choice of employment sector. Individuals with higher cognitive skills are more inclined to opt for the formal sector as their preferred employment choice rather than agriculture and entrepreneurship. Policymakers should strengthen cognitive skills element in education and job training for Indonesian workers in order to distribute human resources across sectors better and stimulate economic growth.
Does Public Debt Affect Economic Growth? An Empirical Investigation of Upper-Middle-Income Countries Nita Viviani Nurhanifah; Romi Bhakti Hartarto; Diah Setyawati Dewanti
Jurnal Ekonomi Kuantitatif Terapan Vol 18 No 1 (2025): Vol. 18, No. 1, FEBRUARI 2025 (pp.1-149)
Publisher : Universitas Udayana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24843/JEKT.2025.v18.i01.P01

Abstract

Public debt has increased dramatically over the past few decades. The emergence of budget crises in developing countries has led to this phenomenon. Using panel data from 2013 to 2022, this study investigates the impact of public debt on economic growth in 11 upper-middle-income countries. The panel data regression model was estimated using the fixed effect model. The findings show that public debt has a significant and positive impact on economic growth. Therefore, the government must cut back on public debt procurement, implement structural reforms, and establish a credible regulatory framework to ensure long-term economic growth and debt sustainability.
Peningkatan kapabilitas usaha skala rumah tangga perempuan melalui perizinan, pembiayaan, dan asosiasi pengusaha Hartarto, Romi Bhakti; Purnomo, Rochmat Aldy; Hartono, Sri; Rahayu, Siti Aisyah Tri; Hajar, Ibnu
Jurnal Inovasi Hasil Pengabdian Masyarakat (JIPEMAS) Vol 6 No 3 (2023)
Publisher : University of Islam Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33474/jipemas.v6i3.19563

Abstract

Usaha skala rumah tangga merupakan usaha mikro yang berpotensi dalam meningkatkan taraf hidup keluarga. Namun, literasi akan pengurusan izin usaha masih terbilang rendah, bahkan di daerah perkotaan sekalipun. Padahal, izin usaha merupakan legalitas yang harus dimiliki oleh para pelaku usaha agar mendapat jaminan dan perlindungan hukum yang jelas. Pengabdian masyarakat ini bertujuan untuk memberikan pemahaman akan pentingnya izin usaha bagi para ibu rumah tangga di kalangan Pimpinan Cabang Aisyiyah (PCA) Kemantren Kraton, Yogyakarta. Metode yang dilakukan adalah pemaparan tentang peluang pembiayaan syariah dan izin usaha dalam memperluas skala usaha dan pentingnya berjejaring dengan asosiasi usaha dalam memasarkan produk. Hasil pengabdian menunjukkan bahwa dengan kegiatan yang dilakukan, terdapat perubahan dari belum peluang pembiayaan syariah dan izin usaha dalam memperluas skala usaha dan pentingnya berjejaring dengan asosiasi usaha dalam memasarkan produk menjadi memahami peluang pembiayaan syariah dan izin usaha dalam memperluas skala usaha dan pentingnya berjejaring dengan asosiasi usaha dalam memasarkan produk.
Examining The Impact of Socioeconomic Status Factors on Happiness Levels in Indonesia Indriana, Intan Solikhah; Hartarto, Romi Bhakti; Putri, Ananda Raissa
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 25, No 1 (2024): JEP 2024
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v25i1.23635

Abstract

This research aims to investigate the impact of socioeconomic status factors on individual happiness in Indonesia. Happiness is a multifaceted phenomenon arising from both internal and external sources. While conventional measures often reduce it to mere absolute income, a comprehensive understanding necessitates the incorporation of subjective perspectives. Our study unveils compelling insights into the impact of socioeconomic status on happiness. In doing so, this research contributes valuable insights to the field of happiness economics. It informs policy initiatives to enhance the well-being of individuals in Indonesia and similar contexts. Drawing upon cross-sectional data from the Indonesian Family Life Survey, Wave 5 (2014), encompassing a substantial sample of 29,018 respondents, we employ the ordered probit method. This statistical choice is motivated by the ordinal nature of the response variable and its alignment with normality assumptions in error distribution. The research findings reveal several socioeconomic status factors that significantly influence happiness. Wealth level, education, urban residence, and religion correlate positively with individual happiness, while age and employment status show a negative correlation. Conclusion: These findings underscore the importance of socioeconomic policies to enhance the happiness of Indonesian society.