International Journal of Economic Integration and Regional Competitiveness
Vol. 2 No. 2 (2025): International Journal of Economic Integration and Regional Competitiveness

PRODUCTIVITY ANALYSIS USING THE COBB-DOUGLAS FUNCTION BASED ON EFFECTIVE WORKING HOURS

Dyah Ayu Shinta Permatasary (Muhammadiyah University of Sidoarjo, Indonesia)
Tedjo Sukmono (Muhammadiyah University of Sidoarjo, Indonesia)



Article Info

Publish Date
21 Feb 2025

Abstract

Objective: This research aims to compare the productivity of the amount of effective working time in the production department in 2021 and 2022. Method: The productivity measurement method is based on the Cobb-Douglas production function approach, so that we can know the extent of the company's efficiency and effectiveness. Productivity measurement is carried out using the Cobb-Douglas function approach. Results: This research shows that the level of productivity in 2022 is higher than in 2021 with the efficiency index values in 2021 and 2022 being 0.9499104 and 1.0599527. This means that the use of working hours increased by 11.58%. Novelty: These results can be used as consideration in maintaining and increasing productivity.

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Journal Info

Abbrev

IJEIRC

Publisher

Subject

Description

International Journal of Economic Integration and Regional Competitiveness - researches the broad scope of competitiveness policies and practices across destinations and all regions of the world. With emphasis on mechanisms of economic integration, financial development, creation of prosperity and ...