THE EFFECT OF ENERGY CONSUMPTION, FIXED CAPITAL AND LABOR COST ON MANUFACTURING OUTPUT IN INDONESIA

Triyana  Iftasari

doi:10.53067/ijomral.v1i5.79

Authors

Triyana Iftasari Jakarta State University, Indonesia

DOI:

https://doi.org/10.53067/ijomral.v1i5.79

Keywords:

Labor Cost, Fixed Capital, Energy Consumption, Manufacturing Output

Abstract

This study aims to determine the effect of energy consumption, fixed capital and labor cost on manufacturing output in Indonesia in 2017-2019. This research is associative research and the method used is a quantitative approach. The data used in this study is panel data collected through documentation techniques. To analyze the data in this study using regression analysis and assistance in the form of an application Econometric Views (Eviews 12). The test results show that energy consumption has a positive effect on manufacturing output, fixed capital has a positive effect on manufacturing output and labor costs have a positive effect on manufacturing output. In addition, simultaneously, energy consumption, fixed capital and labor costs have a positive effect on manufacturing output. Coefficient determination test of the independent variable in this study shows the effect of 81.16% on manufacturing output. Meanwhile, another 18.84% is influenced by factors outside this research

Downloads

Download data is not yet available.

References

Antos, J. (1983). Analysis of Labor Cost: Data Concepts and Sources. In The Measurement of Labor Cost: Vol. I.

Carolina, M. (2017). Mengevaluasi Peranan Sektor Industri Manufaktur dalam Pembangunan Ekonomi Indonesia. In Bulettin APBN: Vol. II. Pusat Kajian Anggaran Badan Keahlian DPR RI.

Elly, F. H., & Umboh, S. J. K. (2020). Teori Ekonomi Produksi. Lembaga Pembinaan & Pengembangan Pembelajaran Universitas Sam Ratulangi Manado.

Ghozali, I., & Ratmono, D. (2017). Analisis Multivariat dan Ekonometrika (2 ed.). Badan Penerbit Universitas Diponegoro.

Indriyo, G., & Reksohadiprodjo, S. (1992). Manajemen Peoduksi (4 ed.). BPFE.

Kasmir. (2012). Analisis Laporan Keuangan. PT. Grafindo Persada.

Kementerian Energi dan Sumber Daya Mineral. (2016). Program Strategis EBTKE dan Ketenagalistrikan. Jurnal Energi, 2.

Khasanah, M. (2017). Apa Itu Energi. Istana Media.

Krugman, P. (1994). The Myth of Asia’s. Foreign Affairs, 73(6), 62-78.

Lestari, E. P., & Isnina. (2017). Analisis Kinerja Industri Manufaktur di Indonesia. Journal of Research in Economics and Management, 17(1).

Muhtamil. (2017). Pengaruh Perkembangan Industri Terhadap Penyerapan Tenaga Kerja Di Provinsi Jambi. Jurnal Perspektif Pembiayaan dan Pembangunan Daerah, 4(3), 199-206.

Muryani, & Leny, C. (2019). The Analysis of Manufacturing Sector in Indonesia. International Conference on Islamic Economics, Business and Philanthropy, 1200-1214.

Nuraeni, Y. (2018). Dampak Perkembangan Industri Pertambangan Nikel. Seminar Nasional Edusaintek, 12-22.

Peach, T. (2009). Adam Smith and the Labor Theory of (Real) Value : A Reconsideration. HIstory of Political Economy, 41(2), 383-406.

Purwaji, A. (2016). Akuntansi Biaya Edisi Dua. Salemba Empat.

Romer, P. M. (1986). Increasing Returns and Long-Run Growth. Journal of Political Economy, 94(5), 1002-1037.

Samuelson, P. A., & Nordhaus, W. D. (2004). Economics 18th ed., under “Glossary of Terms”.

Soeprihanto, J. (1997). Manajemen Modal Kerja. BPFE.

Solow, R. M. (1956). A Contribution to the Theory of Economic Growth. The Quartely Journal of Economics, 70(1), 65-94.

Surjaningsih, N., & Permono, B. P. (2014). Dinamika Total Factor Productivity Idustri Besar dan Sedang Indonesia. Buletin Ekonomi Moneter dan Perbankan, 16(3), 277-308.

Tira, I. P. (2012). Analisis Faktor-Faktor Produksi Pada Industri Semen di Indonesia (Periode 1985-2009). Journal of Economic & Development, 10(1), 31-55.

Vosooghzadeh, B. (2020). Introducing Energy Consumption Theory and Its Positive Impact on the Economy (Nomor May).

Wahyudi, S. T. (2020). Konsep dan Penerapan Ekonometrika Menggunakan Eviews (2 ed.). Rajawali Pers.

Winardi, Priyarsono, D. S., Siregar, H., & Kustanto, H. (2017). Kinerja Sektor Industri Manufaktur Provinsi Jawa Barat Berdasarkan Lokasi di Dalam dan di Luar Kawasan Industri. Jurnal Manajemen Teknologi, 16(3), 241-257.

Winardi, Priyarsono, D. S., Siregar, H., & Kustanto, H. (2019). Peranan Kawasan Industri dalam Mengatasi Gejala Deindustrialisasi. Jurnal Ekonomi dan Pembangunan Indonesia, 19(1), 84-95.

Woods, J. . (1983). Prices of Production and Fixed Capital. Zeitschrift Für Die Gesamte Staatswissenschaft / Journal of Institutional and Theoretical Economics, 2(139), 306-318.