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Impact of Raw Material Export Restrictions on Employment: Evidence from Panel Data 原材料出口限制对就业的影响:来自面板数据的证据
Pub Date : 2023-10-03 DOI: 10.15408/etk.v22i2.32172
Dede Setiono
The extractive industry typically contributes limited direct employment in host countries, prompting some nations to consider export restrictions on raw materials to enhance domestic job opportunities. However, scholarly opinions on the efficacy of these policies vary widely. This study addresses this gap by utilizing an extensive dataset spanning over a decade and encompassing diverse countries. Employing a fixed-effect Ordinary Least Square (OLS) regression model with panel data from 74 countries from 2009 to 2021, this paper shows that raw material export restrictions do not affect employment rates. This fact challenges the prevailing notion that export restrictions inherently boost domestic employment. Consequently, a more comprehensive strategy, including economic diversification, technological investment, and alternative job creation measures alongside export controls, is essential to effectively address employment challenges within the extractive sector.JEL Classification: F1, J2, O1
采掘业通常在东道国提供有限的直接就业机会,促使一些国家考虑限制原材料出口,以增加国内就业机会。然而,学术界对这些政策效果的看法却大相径庭。本研究通过利用跨越十年、涵盖不同国家的广泛数据集来解决这一差距。本文采用固定效应的普通最小二乘(OLS)回归模型,对74个国家2009年至2021年的面板数据进行分析,结果表明原材料出口限制对就业率没有影响。这一事实挑战了出口限制本身就能促进国内就业的普遍观念。因此,一项更全面的战略,包括经济多样化、技术投资和其他创造就业的措施以及出口管制,对于有效解决采掘业的就业挑战至关重要。JEL分类:F1, J2, O1
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引用次数: 0
ESG and Firm Performance in Developing Countries: Evidence From ASEAN 发展中国家的ESG与企业绩效:来自东盟的证据
IF 0.8 Pub Date : 2023-03-04 DOI: 10.15408/etk.v22i1.25271
Makhdalena Makhdalena, Desi Zulvina, Yani Zulvina, Rizky Windar Amelia, A. Wicaksono
Several studies primarily investigate the influence of environmental, social, and governance on firm performance in a developed country where markets have matured, and investors are aware of corporate social responsibility activities. Therefore, studies in developing countries are still rare and mixed. This study examines the effect of Environmental, Social, and Governance (ESG) information on firm performance in ASEAN developing countries. We observed companies in ASEAN developing countries (Indonesia, Malaysia, Philippines, Thailand, and Vietnam) during 2010-2020. The information on ESG score and ROA as a proxy for firm performance measures ESG. Regression test results showed that ESG has a positive effect on firm performance. We also found that three components of ESG, environmental, Social, and Governance, positively affect firm performance. Robustness test results showed that overall ESG information, environmental information, and social initiatives affect the firm’s market performance (Tobin’s Q). Research originality in this study proves that developing countries have a positive effect between ESG disclosure and company performance. ESG, in the long term, would build effective governance and increase shareholder value. The research implication is to suggest a company has ESG information due to empirical testing that ESG information enhances a firm operational and market performance.JEL Classification: G30, Q56, Q50How to Cite:Makhdalena., Zulvina, D., Zulvina, Y., Amelia, R. W., & Wicaksono, A. P. (2023). Environmental, Social, Governance, and Firm Performance in Developing Countries: Evidence from Southeast Asian. Etikonomi, 22(1), 65–78. https://doi.org/10.15408/etk.v22i1.25271.
一些研究主要调查了环境、社会和治理对发达国家企业绩效的影响,在发达国家,市场已经成熟,投资者意识到企业的社会责任活动。因此,对发展中国家的研究仍然很少,而且参差不齐。本研究考察了环境、社会和治理(ESG)信息对东盟发展中国家企业绩效的影响。2010-2020年期间,我们观察了东盟发展中国家(印度尼西亚、马来西亚、菲律宾、泰国和越南)的公司。ESG得分和ROA作为公司业绩指标的信息衡量ESG。回归检验结果表明,ESG对企业绩效有正向影响。我们还发现,ESG的三个组成部分,环境、社会和治理,对公司绩效有积极影响。稳健性测试结果显示,总体ESG信息、环境信息和社会举措会影响公司的市场表现(托宾Q)。本研究的研究原创性证明,发展中国家的ESG披露对公司绩效具有正向影响。从长远来看,ESG将建立有效的治理并增加股东价值。研究的含义是,由于ESG信息增强了公司的运营和市场绩效,因此表明公司拥有ESG信息。JEL分类:G30,Q56,Q50如何引用:Makhdalena。,Zulvina,D.、Zulvina、Y.、Amelia,R.W.和Wicaksono,A.P.(2023)。发展中国家的环境、社会、治理和企业绩效:来自东南亚的证据。Etikonomi,22(1),65-78。https://doi.org/10.15408/etk.v22i1.25271.
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引用次数: 1
The Gravity Model of Indonesian Tourism Trade and Investment 印尼旅游贸易与投资的引力模型
IF 0.8 Pub Date : 2023-03-04 DOI: 10.15408/etk.v22i1.25222
F. Singagerda, Andi Desfiandi, Elin R Marantika
This study aimed to determine the performance of tourism investment and trade in Indonesia following the outbreak of COVID-19 and other economic and non-economic factors. Goods and services for Indonesian tourism from 8 sample countries over 26 years were examined using a tourism economy approach and a gravity panel model of the flow of investment and trade. Regarding research originality, the model developed is constructing tourism economic theory applying the Keynesian method. The results showed that economic factors, such as GDP per capita, interest rates, exchange rates, prices, and economic distance, and non-economic factors, such as population, travel alerts, and pandemics, significantly affect investment flows and the tourism trade. Furthermore, tourism competitiveness increased globally in 2019. However, potential economic leakage in FDI and trade were identified. As a result, the government must emphasize long-term and efficient investment and trade in the tourism sector, particularly in the context of systemic shocks such as a pandemic.JEL Classification: C58, D58, Z32, Z38How to Cite:Singagerda, F. S., Desfiandi, A., & Marantika, E.R. (2023). The Gravity Model of Indonesian Tourism Trade and Investment. Etikonomi, 22(1), 143–154. https://doi.org/10.15408/etk.v22i1.25222.
本研究旨在确定新冠肺炎爆发后印度尼西亚旅游投资和贸易的表现以及其他经济和非经济因素。使用旅游经济方法和投资和贸易流动的重力面板模型,对26年来8个样本国家的印度尼西亚旅游业商品和服务进行了研究。在研究创新方面,所开发的模型是运用凯恩斯主义方法构建旅游经济理论。结果表明,人均GDP、利率、汇率、价格和经济距离等经济因素,以及人口、旅行警报和流行病等非经济因素,都会显著影响投资流和旅游贸易。此外,2019年全球旅游业竞争力增强。然而,已查明外国直接投资和贸易中潜在的经济泄漏。因此,政府必须强调旅游业的长期有效投资和贸易,特别是在疫情等系统性冲击的背景下。JEL分类:C58、D58、Z32、Z38如何引用:Singagerda,F.S.、Desfiandi,A.和Marantika,E.R.(2023)。印尼旅游贸易与投资的引力模型。Etikonomi,22(1),143-154。https://doi.org/10.15408/etk.v22i1.25222.
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引用次数: 0
Improving Food Security through Financial Inclusion 通过金融普惠改善粮食安全
IF 0.8 Pub Date : 2023-03-04 DOI: 10.15408/etk.v22i1.26632
R. Astuti, D. Hartono
Financial inclusion may accelerate food insecurity reduction, an issue in Indonesia’s development. However, studies examining the relationship between financial inclusion and food security remain inconclusive and scarce in Indonesia. Therefore, this study aims to analyze how strong the relationship between those variables is, both in general and within specific groups. This study mainly used data from the National Socio-Economic Survey (Susenas) 2020. Food security is measured by dietary diversity score (DDS), while financial inclusion is measured by household accessibility to savings and credit. The association between those variables is examined using the Ordinary Least Square (OLS) method. The results show that financial inclusion is positively related to household food security at a significant level, in general, and according to poverty status and location category. Therefore, expanding financial inclusion may be suggested as an alternative to improve food security. JEL Classification: C31, G20, O10 How to Cite:Astuti, R.,& Hartono, D. (2023). Improving Food Security through Financial Inclusion. Etikonomi, 22(1), 15–30. https://doi.org/10.15408/etk.v22i1.26632.
普惠金融可能会加速减少粮食不安全,这是印尼发展中的一个问题。然而,在印度尼西亚,检验金融包容性与粮食安全之间关系的研究仍然没有定论,而且很少。因此,本研究旨在分析这些变量之间的关系有多强,无论是在一般情况下还是在特定群体内。本研究主要使用了2020年国家社会经济调查(Susenas)的数据。粮食安全是通过膳食多样性评分(DDS)衡量的,而金融包容性是通过家庭获得储蓄和信贷的机会来衡量的。使用普通最小二乘(OLS)方法检查这些变量之间的关联。结果表明,普惠金融与家庭粮食安全之间存在显著正相关关系,总体上存在显著正相关关系,并根据贫困状况和地区类别存在显著正相关关系。因此,可以建议扩大普惠金融作为改善粮食安全的替代方案。JEL分类:C31, G20, O10如何引用:Astuti, R.,& Hartono, D.(2023)。通过普惠金融改善粮食安全。生态学报,22(1),15-30。https://doi.org/10.15408/etk.v22i1.26632。
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引用次数: 1
Entrepreneurial Marketing Impact Score on MSME Performances Through Its Dimension 创业营销对中小微企业绩效的影响
IF 0.8 Pub Date : 2023-03-04 DOI: 10.15408/etk.v22i1.25617
Mediany Kriseka Putri, Andriani Natasha Putri
The presence of the entrepreneurial marketing concept is considered capable of overcoming marketing problems in MSMEs. This study aims to determine the specific magnitude of the influence score given by each entrepreneurial marketing dimension to MSMEs in Bengkulu City. This study focuses on culinary MSMEs that are the mainstay sector of the region. The effective and relative contribution has been used to measure the influence score of its dimension on performance and 183 questionnaires are distributed to the owners of MSMEs in Bengkulu City. The results show that the dimension of resource leverage most dominantly affects business performance. Meanwhile, calculated risk-taking has a minor effect. Essentially, culinary MSME business actors in Bengkulu City must improve their ability to effectively predict the problem in the future that can be done by joining risk management certification or webinar.JEL Classification: L25, L26, L66How to Cite:Putri, M. K., & Putri, A. N. (2023). Entrepreneurial Marketing Impact Score on MSME Performance Through Its Dimension. Etikonomi, 22(1), 79–92. https://doi.org/10.15408/etk.v22i1.25617.
创业营销概念的存在被认为能够克服中小微企业的营销问题。本研究旨在确定明古鲁市各创业营销维度对中小微企业的影响力得分的具体大小。这项研究的重点是烹饪中小微企业,它们是该地区的支柱部门。使用有效贡献和相对贡献来衡量其维度对绩效的影响得分,并向明古鲁市中小微企业的所有者发放了183份问卷。结果表明,资源杠杆维度对企业绩效的影响最为显著。同时,经过深思熟虑的冒险行为也有轻微影响。本质上,明古鲁市的烹饪中小微企业经营者必须提高他们有效预测未来问题的能力,这可以通过参加风险管理认证或网络研讨会来实现。JEL分类:L25,L26,L66如何引用:Putri,M.K.和Putri,A.N.(2023)。创业营销通过其维度对中小微企业绩效的影响得分。Etikonomi,22(1),79–92。https://doi.org/10.15408/etk.v22i1.25617.
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引用次数: 1
The Spillover Effect of Global Uncertainty on BRICS Stock Markets 全球不确定性对金砖国家股市的溢出效应
IF 0.8 Pub Date : 2023-03-04 DOI: 10.15408/etk.v22i1.24617
Allah Ditta Nawaz, N. Bhutto, Shabeer Khan
Using monthly data spanning from 1993 to 2021 and employingthe DCC-GARCH model, this study examines the role ofEconomic Policy Uncertainty (EPU) as a potential exogenousfactor impacting the correlation of Brazil, Russia, India, andChina (BRIC) economies’ stock markets, which is new to theliterature. Further, this dynamic correlation series is used as adependent variable while EPU of BRIC and USA is used as anindependent variable by utilizing the autoregressive distributedlag (ARDL) model. The study finds a positive and significantshort-run as well as the long-run impact of Russia’s and theUS’s EPU on their stock markets. In other words, as the EPUof the USA increases, the correlation of BRIC with the USAStock Market and the World Stock Market increases, suggestingminimum diversification opportunities for the investors. Thestudy also recommends that investors diversify their portfoliosby considering cross borders assets avenues to gain maximumreturns and reduce portfolio risk.JEL Classification: E44, C32, E52, E60, E62, C58How to Cite:Nawaz, A. D., Bhutto, N. A., & Khan, S. (2023). The Spillover Effect of Global Uncertainty on BRICS Stock Markets. Etikonomi, 22(1), 45–64. https://doi.org/10.15408/etk.v22i1.24617.
本研究使用1993年至2021年的月度数据,并采用DCC-GARCH模型,考察了经济政策不确定性(EPU)作为影响巴西、俄罗斯、印度和中国(BRIC)经济体股票市场相关性的潜在外部因素的作用,这是新的理论。此外,利用自回归分布滞后(ARDL)模型,将该动态相关序列用作因变量,而将金砖四国和美国的EPU用作因变量。这项研究发现,俄罗斯和美国的EPU对其股市的短期和长期影响都是积极和有意义的。换句话说,随着美国EPU的增加,金砖四国与美国股市和世界股市的相关性增加,这表明投资者的多元化机会最小。该研究还建议投资者通过考虑跨境资产渠道来实现投资组合多样化,以获得最大回报并降低投资组合风险。JEL分类:E44、C32、E52、E60、E62、C58如何引用:Nawaz,A.D.、Bhutto,N.A.和Khan,S.(2023)。全球不确定性对金砖国家股市的溢出效应。Etikonomi,22(1),45-64。https://doi.org/10.15408/etk.v22i1.24617.
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引用次数: 0
The Development of Good Micro, Small and Medium Enterprises Governance Indicators 良好中小微企业治理指标的制定
IF 0.8 Pub Date : 2023-03-04 DOI: 10.15408/etk.v22i1.25625
D. Rinaldo, Puteri Andika Sari, Wiendy Puspita Sari, Rediawan Miharja
A systematic literature review method was used in this study to find good governance for micro, small, and medium-sized businesses (MSMEs). The SEM-PLS approach was utilized to assess the effect of MSMEs' owners' competencies on the level of governance model implementation and the performance of MSMEs. The test results suggest implementing the governance model's concept can improve business performance. To be effective, however, owners of MSMEs must be willing to invest in their professional growth. Thus, based on the research findings, the MSMEs governance model, which is unique to this study, can serve as a standard for MSMEs' performance and a reference for various stakeholders involved in MSMEs' development initiatives.JEL Classification: G3, M21How to Cite:Rinaldo, D., Sari, P. A., Sari, W. P. & Miharja, R. (2023). The Development of Good Micro, Small and Medium Enterprises Governance Indicators. Etikonomi, 22(1), 93–118. https://doi.org/10.15408/etk.v22i1.25625.
本研究采用了系统的文献综述方法,为微型、小型和中型企业(MSME)寻找良好的治理。SEM-PLS方法用于评估中小微企业所有者的能力对治理模式实施水平和中小微企业绩效的影响。测试结果表明,实现治理模型的概念可以提高业务性能。然而,为了有效,中小微企业的所有者必须愿意投资于他们的专业成长。因此,根据研究结果,本研究独有的中小微企业治理模式可以作为中小微企业绩效的标准,并为参与中小微企业发展举措的各种利益相关者提供参考。JEL分类:G3,M21引用方式:Rinaldo,D.、Sari,P.A.、Sari、W.P.和Miharja,R.(2023)。制定良好的微型、小型和中型企业治理指标。Etikonomi,22(1),93–118。https://doi.org/10.15408/etk.v22i1.25625.
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引用次数: 0
What is the trend after Covid-19? A Political-Economic Analysis of the Pension Systems in Hong Kong and MACAU 2019冠状病毒病后的趋势是什么?香港和澳门养老金制度的政治经济分析
IF 0.8 Pub Date : 2023-03-04 DOI: 10.15408/etk.v22i1.23737
Shanwen Guo, Liliang You, Qibin Wang
The aging trend of the population in Hong Kong and Macau is evident, so the pension system is especially significant. This research paper uses document analysis and a double-case study as the research method. It uses path dependence and critical moments in historical institutionalism theory as the theoretical tools for political economy analysis. The discussion argues that “the social culture shaped by local politics,” “the combination of local economic development and economic structure,” and “influence from social structure” are the three main factors that influence the pension systems in Hong Kong and Macau, and are the fundamental reasons for the differences between the pension systems in Hong Kong and Macau. We also conclude that the outbreak of COVID-19 is causing the evolution of the pension systems in both regions to be converging.JEL Classification: H7, N9, O2, R5How to Cite:Guo, S., You, L., & Wang, Q. (2023). What is the Trend after Covid-19? A Political-Economic Analysis of the Pension Systems in Hongkong and Macau. Etikonomi, 22(1), 155–174. https://doi.org/10.15408/etk.v22i1.23737.
香港和澳门的人口老龄化趋势明显,养老金制度尤为重要。本文采用文献分析法和双案例研究法进行研究。它利用历史制度主义理论中的路径依赖和关键时刻作为政治经济学分析的理论工具。本文认为,“地方政治塑造的社会文化”、“地方经济发展与经济结构的结合”和“社会结构的影响”是影响香港和澳门养老金制度的三个主要因素,也是香港和澳门养老金制度差异的根本原因。我们还得出结论,新冠肺炎的爆发正在导致这两个地区养老金制度的演变趋于一致。JEL分类:H7,N9,O2,R5如何引用:郭,S.,游,L.,&王,Q.(2023)。新冠肺炎后的趋势是什么?港澳养老保险制度的政治经济学分析。Etikonomi,22(1),155–174。https://doi.org/10.15408/etk.v22i1.23737.
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引用次数: 0
The Nexus between Time Management Behaviors and Work-Life Balance of Employees 员工时间管理行为与工作生活平衡的关系
IF 0.8 Pub Date : 2023-03-04 DOI: 10.15408/etk.v22i1.22385
Saba Shaikh, Imamuddin Khoso, N. Channa
This research is envisioned to explain the impact of individual time management behaviors on the work-life balance of banking employees. Using the positivist paradigm, a self-administered survey was chosen to collect responses from bank employees across Sindh, Pakistan. The presented hypotheses were supported by quantitative analytical techniques that tested causal links between all constructs. A total of 450 questionnaires were administered, out of which 320 valid responses were analyzed using PLS-SEM. The findings validated that individual time management behaviors do contribute to attaining work-life balance in the banking sector. Results revealed a positive effect of goal setting and priorities, time management mechanics, and organization preference on employees’ work-life balance. Among all, mechanics of time management (MTM) substantially impact achieving work-life balance. This research will aid in the identification of time management practices that are better capable of balancing work and life.JEL Classification: M12How to Cite:Shaikh, S., Khoso, I., & Channa, N. (2023). The Nexus Between Time Management Behaviors and Work-Life Balance of Employees. Etikonomi, 22(1), 119–130. https://doi.org/10.15408/etk.v22i1.22385.
本研究旨在解释个人时间管理行为对银行员工工作与生活平衡的影响。使用实证主义范式,选择一项自我管理的调查来收集巴基斯坦信德省银行员工的回答。提出的假设得到了定量分析技术的支持,该技术测试了所有构念之间的因果关系。共发放问卷450份,利用PLS-SEM对320份有效问卷进行分析。研究结果证实,在银行业,个人时间管理行为确实有助于实现工作与生活的平衡。结果显示,目标设定和优先级、时间管理机制和组织偏好对员工的工作与生活平衡有正向影响。其中,时间管理机制(MTM)对实现工作与生活的平衡有重要影响。这项研究将有助于确定更好地平衡工作和生活的时间管理实践。JEL分类:m12如何引用:Shaikh, S., Khoso, I., & Channa, N.(2023)。员工时间管理行为与工作生活平衡的关系。生态学报,22(1),119-130。https://doi.org/10.15408/etk.v22i1.22385。
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引用次数: 0
The Influence of Halal Lifestyle on Career Women in Indonesia 清真生活方式对印尼职业女性的影响
IF 0.8 Pub Date : 2023-03-04 DOI: 10.15408/etk.v22i1.30605
Annisa Salsabila, Dwi Nur’aini Ihsan
The halal industry is experiencing rapid development, one of which is the increasing demand for halal products. Studying the halal lifestyle for career women is interesting because of the growing development of Muslim fashion and halal cosmetics. The originality of this research lies in a comprehensive study of the halal lifestyle in career women. This study aimed to determine the effect of religiosity, knowledge, awareness, and social environment on the halal lifestyle of career women in Jakarta Province. The respondents were 250 Muslim career women. The method of this research used the SEM-PLS method. The results of this research indicated that the variables of religiosity, awareness, and social environment significantly affect the halal lifestyle. Meanwhile, the knowledge variable does not affect the halal lifestyle. This research implies that halal industry producers must increase intense outreach and education to the public, especially among career women.JEL Classification: E31, F31, C22How to Cite:Salsabila, A. Y., & Ihsan, D. N. (2023). The Influence of Halal Lifestyle on Career Women in Indonesia. Etikonomi, 22(1), 197–212. https://doi.org/10.15408/etk.v22i1.30605.
清真行业正在经历快速发展,其中之一就是对清真产品的需求不断增加。由于穆斯林时尚和清真化妆品的不断发展,研究职业女性的清真生活方式很有趣。这项研究的独创性在于对职业女性清真生活方式的全面研究。本研究旨在确定宗教信仰、知识、意识和社会环境对雅加达省职业女性清真生活方式的影响。调查对象是250名穆斯林职业女性。本研究方法采用SEM-PLS方法。研究结果表明,宗教信仰、意识和社会环境等变量对清真生活方式有显著影响。同时,知识变量并不影响清真生活方式。这项研究表明,清真行业的生产商必须加强对公众的宣传和教育,尤其是在职业女性中。JEL分类:E31、F31、C22如何引用:Salsabila,A.Y.和Ihsan,D.N.(2023)。清真生活方式对印尼职业女性的影响。Etikonomi,22(1),197-212。https://doi.org/10.15408/etk.v22i1.30605.
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引用次数: 0
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