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Literatur Review Elastisitas Penawaran Tenaga : Studi Empiris Pengujian Hipotesis Neoklasik dan Reference Dependent Preference Wirya Wardaya
Journal of Economics Development Issues Vol 5 No 2 (2022): In Press
Publisher : Universitas Pembangunan Nasional "Veteran" Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33005/jedi.v5i2.174

Abstract

The extent to which wage levels affect labor supply is an important topic in labor economics. Empirical research is conducted to prove how the elasticity of labor supply in response to changes in the wage rate is whether the neoclassical hypothesis or the reference dependent-preference hypothesis applies. This study reviews the growth of empirical literature of the reference dependent preference hypothesis in the 2017-2022 period to enhance the critical review that presented in the literature review section based on early journals in 1997 - 2011. The results of this review found that that it rejects the neoclassical labor supply elasticity hypothesis and states that it is the reference dependent preference hypothesis
The Impact Of Downstream Policies On The Growth Of Indonesia's Net Exports Of Iron And Steel (HS 72) Khadijah Mahani; Ignatia Martha Hendrati; Wirya Wardaya
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis Vol 13 No 3 (2025): Juli
Publisher : UNIVED Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/ekombis.v13i3.7599

Abstract

This study examines the impact of downstream policies on Indonesia's net exports of iron and steel (HS 72) during 2000–2023. The downstream policy, aimed at enhancing value-added and reducing raw material exports, is crucial for improving trade balances and boosting economic growth. Using paired t-tests and Export Product Dynamics (EPD), the study reveals significant increases in total exports (5%, 0.041) and total imports (1%, 0.001), while net export improvements were marginally significant (10%, 0.08). Despite the positive impacts, challenges such as high dependency on imported raw materials and the need for substantial infrastructure investments persist.