STRUCTURAL CHANGE, ECONOMIC GROWTH, AND EMPLOYMENT OPPORTUNITIES IN INDONESIA; A Simultaneous Approach

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dc.contributor.authorTarmidi, Didi
dc.contributor.authorPattilouw, Djufri Rays
dc.contributor.authorSaudi, Mohd Haizam Mohd
dc.date.accessioned2021-02-08T03:19:19Z
dc.date.available2021-02-08T03:19:19Z
dc.date.issued2020
dc.description.abstractThe purpose of this study is toanalyze the relationship between structural change, economic growth and employment in Indonesia.The analytical method use dissimultaneous regression model consisting of 3 (three) equations where economic growth, structural change and employment is treated as endogenous variables, and include three (3) exogenous variables namely investment, wage and education. From the identification test is known thatequation of employment is exactly Identified then estimated using indirect leastsquare (ILS) method, while 2 other sareover-Identified equation then estimated using a two stage leastsquare (TSLS) method. The results showed that : 1) Economic growth is positively and significantly influenced by employment and investment, 2) Employment are positively and significantly influenced by economic growth and structural change, while the wage rate has a negative effect; 3) structural change positively and significantly influenced by economic growth and the advancement of education. Important recommendations of these findings are : 1) expansion of employment should be more focused on efforts to encourage productive investments with labor-intensive technologies, 2) increased investments must be accompanied by improvement of the level of educationand improving the quality of labor, 3) the process of structural change must be maintained in the direction of employment transformation through the development of labor-intensive industrial and service sectors.en_US
dc.identifier.issn1475-7192
dc.identifier.urihttp://repository.widyatama.ac.id/xmlui/handle/123456789/12198
dc.language.isoenen_US
dc.publisherInternational Journal of Psychosocial Rehabilitation, Vol.24, Issue 02en_US
dc.subjectEconomic Growthen_US
dc.subjectStructural Changeen_US
dc.subjectEmploymenten_US
dc.titleSTRUCTURAL CHANGE, ECONOMIC GROWTH, AND EMPLOYMENT OPPORTUNITIES IN INDONESIA; A Simultaneous Approachen_US
dc.typeArticleen_US
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