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All Journal Efficient: Indonesian Journal of Development Economics Economics Development Analysis Journal
Panjawa, Jihad
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Economics, Econometrics & Finance

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Boosting Income for Magelang's Creative Sector Kristi Aprilianto, Satya ``; Panjawa, Jihad; Togar Laut , Lorentino
Efficient: Indonesian Journal of Development Economics Vol. 7 No. 3 (2024)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/10fxvh72

Abstract

Production activities that can still survive and achieve large profits today are activities that are competitive and innovative. The current sector that continues to grow, one of the factors that increase economic growth is the creative economy sector, which shows improvement in increasing the income of its people. The creative economy is a strategy implemented by the Indonesian government in advancing the country's economic sector. This study aims to analyze the factors that affect the income of creative economy business actors in Magelang Regency. This study uses multiple linear regression analysis tools. The results showed that labor, gender, and creative economy subsector had a significant effect on the income of creative economy business actors. While capital, length of business, education, skills, and marketing have no significant effect on the income of creative economy business actors. The implication of this research is that it is necessary to increase investment in labor development, training and capacity building in order to increase productivity and efficiency
Qualification Mismatch and Labor Wage Implications Setiyaningsih, Rahmawati; Panjawa, Jihad; Togar Laut, Lorentino; Sugiharti, Rr. Retno
Economics Development Analysis Journal Vol. 13 No. 3 (2024): Economics Development Analysis Journal
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v13i3.11873

Abstract

Qualification mismatch is a significant issue in DKI Jakarta’s labor market, affecting how wages are distributed among workers. Although DKI Jakarta has the highest Provincial Minimum Wage (UMP) in Indonesia, many employees still receive wages inconsistent with their educational qualifications in terms of level and field of study. This study employs a quantitative regression approach using data from SAKERNAS August 2023 DKI Jakarta to analyze the impact of educational mismatch on labor wages. The results highlight a widespread issue of undereducation, where workers earn less than expected based on their qualifications. On the other hand, overeducation and mismatches in education do not significantly influence wage levels. Key factors such as education level, squared experience, undereducation, and gender have a significant positive effect on wages while working hours exert a significant negative impact. Interestingly, variables like technology use, internet access, and training opportunities show no substantial effect on wage determination. The study suggests that policymakers must address these mismatches by promoting gender equality and enhancing information and communication technology to improve productivity and wage outcomes across the labor force in DKI Jakarta
Co-Authors Kristi Aprilianto, Satya `` Setiyaningsih, Rahmawati Sugiharti, Rr. Retno Togar Laut , Lorentino Togar Laut, Lorentino