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All Journal Gadjah Mada International Journal of Business Widya Cipta : Jurnal Sekretari dan Manajemen SELAPARANG: Jurnal Pengabdian Masyarakat Berkemajuan BALANCE: Economic, Business, Management and Accounting Journal Journal of Economics Research and Social Sciences Jurnal Simki Economic Jurnal Altifani Penelitian dan Pengabdian kepada Masyarakat Journal of Asset Management and Public Economy Jurnal Manajemen Aset dan Penilaian Journal of Advances in Accounting, Economics, and Management Prosiding Seminar Nasional Pengabdian Masyarakat Fast in Humanities Fast in Social Sciences
Rahmat Saleh
Universitas Ahmad Dahlan
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Journal : Fast in Humanities

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A Study of Panel Data Approach: Analysis of Minimum Wage and Poverty In Yogyakarta, Indonesia Rafie Nashiruddin; Dini Yuniarti; Rahmat Saleh
Fast in Humanities Vol. 1 No. 1 (2025): May
Publisher : Forum Akademisi dan Dosen Peneliti (FAST)

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Abstract

In this study, the main focus is to see the relationship between the minimum wage and poverty in the Special Region of Yogyakarta. By adding independent variables, namely average years of schooling, economic growth, and open unemployment rate. The data used in this study is secondary data from the official website of the Yogyakarta Central Bureau of Statistics (BPS) from 5 districts / cities with a time span of 2013 to 2023. Data analysis in this study uses panel data analysis that combines time series and cross section data with a fixed effect model (FEM) approach processed with Stata14 static tools. The results showed that the minimum wage (LUMK) had a negative and significant effect on poverty (LPM) and the open unemployment rate (TPT) had a significant positive effect on poverty (LPM), while the average years of schooling (RRLS) and economic growth (PE) had no effect on poverty. However, simultaneously all independent variables have a significant effect on poverty in the Special Region of Yogyakarta.
Potential Value of Ornamental Horticulture MSME Assets: A Financial Evaluation Approach Rahmat Saleh
Fast in Humanities Vol. 1 No. 2 (2025): July
Publisher : Forum Akademisi dan Dosen Peneliti (FAST)

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Abstract

This study aims to assess the potential value of the ornamental plant sector through a financial evaluation approach, with a focus on micro, small, and medium enterprises (MSMEs) in Indonesia. The main objective of this study is to evaluate the financial feasibility of ornamental plant projects using key indicators such as Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period (PP), and Benefit-Cost Ratio (BCR). This study uses a financial analysis method that utilises projected cash flow and operational cost data over a five-year period. The results show that the ornamental plant project has a positive NPV of IDR 196,798,211, an IRR of 59.4%, and a Payback Period of 1 year, 9 months, and 14 days. This analysis confirms that the ornamental plant project is financially feasible for investment, with a fast return on investment and a cost-benefit ratio that indicates high efficiency. In conclusion, this study makes an important contribution to the development of the ornamental plant sector, particularly in the context of MSMEs, and provides useful practical guidance for investment decision-makers in this industry.
Co-Authors A'yun, Indanazulfa Qurrota Agus Salim Arief Ruslan Asmara, Galuh Jati Davy, Leng Dini Yuniarti Dini Yuniarti Gea Dwi Asmara Indanazulfa Qurrota 'Ayun Nasir, Muhammad Safar Rafie Nashiruddin Rahmat Saleh Sembiring, Rinawati Wati, Rinda Kumala Wulandari, Nurafifah