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All Journal Media Trend: Berkala Kajian Ekonomi dan Studi Pembangunan SENMEA
Rifai Afin
Universitas Trunojoyo Madura
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

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DO WAGES REFLECT PRODUCTIVITY UNDER MINIMUM WAGES SETTING? Rifai Afin
MediaTrend Vol 8, No 1 (2013): Maret
Publisher : Trunojoyo University of Madura

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21107/mediatrend.v8i1.1888

Abstract

Penelitian ini menginvestigasi pengaruh pendidikan pada produktifitas tenaga kerja dan upah pada skema kebijakan upah minimum pada sektor manufaktur di Indonesia. Menggunakan data tingkat perusahaan, studi ini mengidentifikasi faktor yang mempengaruhi output dan upah pada tingkat perusahaan dan menggunakan data tingkat regional untuk menginvestigasi pengaruh upah minimum pada perubahan upah.Temuan pertama, tenaga kerja dengan 9 dan 12 tahun pendidikan mengalami diminishing marginal produktifitas dan tingkat pendidikan lain konsisten dengan human capital theory dan sebagian besar varibel kontrol secara positif berpengaruh terhadap output dan upah. Kedua, pendidikan dan variabel lain mempengaruhi output dan upah dengan pola yang sama yang mengindikasikan dengan kuat bahwa pengusaha membayar upah berdasarkan kinerja para pekerjanya. Ketiga, upah minimum secara statistik signifikan mempengaruhi upah. Hal ini menunjukkan bahwa upah minimum adalah pedoman bagi pengusaha dalam memberikan pembayaran minimum atas jasa pekerja, tetapi jika pekerja ingin lebih maka harus berbuat lebih baik.
Kebijakan Fiskal dan Ekspansi Kredit Perbankan di Indonesia dengan Pendekatan Error Correction Model (ECM) Sony Wicaksono; Rifai Afin
Prosiding Seminar Nasional Manajemen, Ekonomi dan Akuntansi Vol. 1 No. 1 (2016): PROSIDING SEMINAR NASIONAL MANAJEMEN, EKONOMI DAN AKUNTANSI 2016
Publisher : FAKULTAS EKONOMI DAN BISNIS UNIVERSITAS NUSANTARA PGRI KEDIRI

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study is aimed to determine how the effect of the fiscal policy on the changes in credit in Indonesia in the period of 1974 until 2013 with the applying of dynamic method of error correction model that show the relationship between the fiscal policy instrument with bank credit in the long term and short term. The approach of this study is quantitative with secondary data that collected from the library visit to Indonesian banks and online search on the World Bank website. Variables used in this study are credit as dependent variable and the ratio of taxes and government spending as independent variables as well as fiscal policy instrument, besides that, this study uses control variables that are money supply and the exchange rate. The results show , the fiscal policy in Indonesia in two instruments namely the ratio of taxes and government spending has a different result in the long term and short term. In the long term, the ratio of taxes has significant negative effect as much as 5.096 percent, while the government spending has significant positive effect as much as 0.638 percent. In the short term, the ratio of taxes does not have significant effect, while the government spending has significant positive effect as much as 0.270 percent. This conclusion is based on the calculation of the estimated results of long term and short term
Co-Authors Sony Wicaksono