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All Journal Asian Journal of Management Analytics International Journal of Humanities, Education, and Social Sciences
Yakub, Andryirawan
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Religion Humanities Decision Sciences, Operations Research & Management Education Languange, Linguistic, Communication & Media Social Sciences

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Analysis of the Influence of Inflation on Economic Growth in Indonesia: Panel Data Regression Approach Yakub, Andryirawan; Fitrianti, Retno; Sopian, Andi; Sapanang, A. Baso Aditya; Fitrianti, A. Nur; Hamka, Hamka
International Journal of Humanities, Education, and Social Sciences Vol 2 No 2 (2024): International Journal of Humanities, Education, and Social Sciences
Publisher : Darul Yasin Al Sys

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58578/ijhess.v2i2.3505

Abstract

Inflation and economic growth are two macroeconomic phenomena that are interrelated and have significant implications for the stability and economic welfare of a country. Inflation, which is measured as the general increase in the price of goods and services over time, can affect various aspects of the economy, including people's purchasing power, investment levels, and consumption decisions. This study uses a quantitative approach with a panel data regression method to analyze the influence of inflation on economic growth in Indonesia using the Eviews 12 application. The results of this study indicate that the influence of inflation on economic growth is not strong enough to be considered statistically significant in the period analyzed. Although there was a small positive effect of inflation on economic growth, these results showed that inflation was not the main factor affecting economic growth in Indonesia during the period. Therefore, policymakers must consider other factors that may have a more significant influence in formulating effective economic strategies.
The Effect of Agricultural Subsidies on Rice Productivity and Prices in Southeast Asia: A Panel Regression Study Sopian, Andi; Fitrianti, Retno; Yakub, Andryirawan; Sapanang, A. Baso Aditya; Fitrianti, A. Nur; Hamka, Hamka
International Journal of Humanities, Education, and Social Sciences Vol 2 No 2 (2024): International Journal of Humanities, Education, and Social Sciences
Publisher : Darul Yasin Al Sys

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58578/ijhess.v2i2.3507

Abstract

Agricultural subsidies have become a common instrument used by countries in the Southeast Asian Region to support farmers, increase food production, and control prices. However, the effectiveness and long-term impact of these subsidies are still a hot debate in the economic literature. The purpose of this study is to analyze how agricultural subsidies affect rice productivity and rice prices in three Southeast Asian countries: Indonesia, Thailand, and Vietnam, during the period 2020-2023. The method used in this study is panel data analysis with a fixed effect to control the variation between countries that is not observed. Panel regression analysis was carried out to identify the relationship between agricultural subsidies and the two dependent variables. The F-test and Chi-square test are used to test for the existence of fixed effects, while the cross-section dependency test is used to check the residual correlation between countries. The results of this study show that the regression results of the panel show that agricultural subsidies have a significant negative impact on rice productivity (Y1), which may reflect inefficient resource allocation or the presence of market distortions that hinder productivity increase. In contrast, subsidies have a significant positive impact on rice prices (Y2), suggesting that subsidies can help maintain price stability and provide economic benefits for farmers. From the overall analysis, agricultural subsidies in Southeast Asia have a complex and diverse impact on rice productivity and prices. While subsidies help maintain price stability and support farmers' welfare, their impact on rice productivity still needs to be further eval_uated to ensure more efficient and sustainable allocations. Governments in the region need to continue to review and adjust their subsidy policies in order to strike a balance between supporting smallholders, increasing productivity, and maintaining rice price stability, while minimizing negative impacts on markets and the environment.
Economic Growth, Wages and Education Levels on Labor Absorption in Districts/Cities in South Sulawesi Province Hamka, Hamka; Fitrianti, Retno; Yakub, Andryirawan; Sopian, Andi; Sapanang, A. Baso Aditya; Fitrianti, A. Nur
Asian Journal of Management Analytics Vol. 3 No. 3 (2024): July 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ajma.v3i3.9832

Abstract

An analysis of the impact of economic growth, wages, and education levels  on workforce absorption in the regencies and cities of South Sulawesi. The objective of this study is to examine the impact of economic growth, wages, and education level on workforce absorption in regions with low unemployment rates. Additionally, it aims to investigate the influence of economic growth, wages, and education level on employment absorption in regions with high unemployment rates. Furthermore, the study will analyze the sectoral elasticity of the workforce in both low and high unemployment regional groups. This study employs a Panel Regression of Random Effect Model with a Generalized Least Square (GLS) Approach and Elasticity using a five-year panel data from 24 regencies and cities in South Sulawesi. The findings indicate that in the regional group with low unemployment, wages have a positive and significant impact on workforce absorption, while the level of education has a negative and significant impact. In the regional group with high unemployment, both economic growth and educational level have a positive and significant impact on workforce absorption. Additionally, the agricultural sector exhibits the highest workforce elasticity in the regional group with low unemployment, while the trade sector shows high elasticity in the regional group with high unemployment.
Co-Authors Fitrianti, A. Nur Fitrianti, Retno Hamka Hamka, Hamka Sapanang, A. Baso Aditya Sopian, Andi