Mohammad Zeqi Yasin

Do industrial "superstars" help others up or crowd them out? We examine how superstar firms, defined as firms with the largest market shares in their industries, affect productivity dynamics in Indonesian manufacturing from 2001 to 2015. We find positive horizontal spillovers at both the productivity level and growth: a greater superstar presence within a province-subsector is associated with higher productivity among non-superstar firms. When we distinguish between foreign and domestic superstars, both are associated with positive spillovers, but the effects are stronger for domestic superstars and remain significant at both the province and regency levels. At the same time, the decomposition results show that greater superstar exposure is associated with lower productivity growth among entrants. This finding is consistent with a framework in which positive spillovers lower the effective entry threshold, allowing relatively less productive firms to enter and weakening aggregate productivity growth.

Using Indonesian manufacturing firm-level data, we examine whether firms located closer to the local technological frontier respond differently to economic crises. Focusing on the Asian Financial Crisis, we show that near-frontier firms experienced a larger decline in productivity growth than firms located farther from the frontier. The adverse effect was concentrated in the immediate aftermath of the crisis and gradually disappeared over time. This result is robust across alternative frontier definitions based on large firms, exporters, and multinationals. The findings suggest that proximity to the local frontier does not automatically confer resilience during periods of economic distress.

Our objective is to evaluate the competitiveness of local firms by determining whether the dynamic wage spillover model devised by Tomohara and Takii (2011) consistently captures subsectoral dynamics. We identify two subsectors that are witnessing positive spillovers using the Indonesian firm-level dataset. Nevertheless, our quantitative analysis demonstrates inconsistencies, with competitive subsectors contributing to wage disparities at a higher rate than uncompetitive firms. In other words, wage inequalities between foreign and local firms are not effectively reduced by competitive firms. In order to improve the performance of local firms and enable them to more effectively compete with foreign firms in labor markets, international trade policies should incorporate social and labor support, such as advanced skills training and education.

Employing a firm-level panel dataset from Statistik Industri for 2008-2015, this study investigates the effect of incoming Foreign Direct Investment (FDI) on inefficiency traps in Indonesia. Firms often face transient and persistent inefficiencies in production and resource utilization, impeding optimal efficiency and productivity. Stochastic Frontier Analysis and Tobit estimates quantify the positive impact of FDI spillovers on inefficiency traps, with FDI spillovers reducing both inefficiencies, particularly transient inefficiencies. Foreign investment externalities diminish inefficiencies through spatial and sectoral spillovers, with spatial spillovers exerting a larger influence. Improved human capital and increased access to foreign inputs also contribute to the mitigation of inefficiency traps.

Weexamine the decomposition of technical efficiency components into transient and persistent horizons applied to the 33 provincial economies in Indonesia. Focusing on the post-decentralization era in 2002–2022, we employ Stochastic Frontier Analysis to gauge efficiency dynamics for time-variant and time-invariant evolution. We reveal that the persistent inefficiencies outweigh transient ones, implying the persistent inefficient behavior of Indonesian provinces. We also capture that East Nusa Tenggara and several provinces in Eastern Indonesia show the most lagged-behind in terms of persistent inefficiency severity, suggesting necessity of structural changes through more strategic and specific development models beyond mere heterogeneous input reallocation.

Planning a wedding's finances is one aspect of the process. Before marriage, most couples were made up of two people with fairly autonomous financial arrangements; but, after a year, some began to adopt a more communal structure. In order to help you become more financially literate and more equipped for marriage, this article will outline community service opportunities. by putting into practice a community service plan at the Multazam Study Club utilizing the ABCD (Asset Based Community Development) approach, which is asset-based and sustainable community development. According to the service article's conclusion, students who perform community service in pre-marital schools gain more money management expertise. Following their attendance at lectures and chat shows on WhatsApp, the participants were able to comprehend the need of financial literacy. Based on the completed financial management course, a large number of individuals are aware of investments, emergency money, zakat, infaq, sadaqah, and waqf. In the meanwhile, participants tended to select their own investments; the majority of them selected gold. Putting together community service projects to enhance financial literacy within the framework of marriage has been successful in raising participants' comprehension and decision-making skills. The long-term financial well-being of people and families may be influenced by ongoing initiatives to advance financial empowerment and education in society.

This study aims to examine the performance of technical efficiency convergence (Beta and Sigma convergences) of 10 ASEAN economies as well as other three main partners from East Asia, namely China, South Korea, and Japan for the years of 1990-2021, and addresses the determinants of this convergence consisting of foreign direct investment (FDI), export, and import. By using Stochastic Frontier Analysis to estimate technical efficiency as well as panel dynamic of Generalized Methods of Moment (GMM) to test convergence, we found robust findings of convergence moments, both the catching up effect (Beta Convergence) as well as inequality reduction (Sigma Convergence) across the countries. The effect of FDI inflow to the growth of technical efficiency growth is positive. Coupled to this, a higher ratio of export to the GDP affects positively to the efficiency growth by about 14%-26%. In contrast, importing causes diminishing efficiency growth. The effect of FDI is significant in reducing the inequalities of efficiency only in the period of 2006-2021. While export reveals positive significance in affecting efficiency gap, import discourages efficiency gap to enlarge, indicating that import substitution remains unable to be implemented in some countries to obtain efficiency.

Salah satu kompetensi bagi sebagian besar perguruan tinggi di Indonesia untuk para lulusan jurusan ilmu ekonomi adalah kemampuan menerapkan teknik pengolahan data kuantitatif. Artikel ini bertujuan untuk melaporkan aktivitas pengabdian dalam kegiatan pelatihan kemampuan analisis kuantitatif menggunakan aplikasi STATA. Metode pelaksanaan yang digunakan dalam kegiatan ini adalah metode ceramah, praktik dan tanya jawab. Hasil dari pelatihan ini adalah seluruh peserta dapat memahami pelaksanaan pelatihan teknik analisis data kuantitatif menggunakan aplikasi STATA dengan baik. Kemudian, berdasarkan kuisioner yang dibagikan, peserta menganggap bahwa kegiatan ini sangat bermanfaat untuk persiapan tugas akhir. Rekomendasi dari kegiatan ini menekankan pada pengetahuan dasar yang perlu dimiliki peserta serta kemampuan interpretasi yang menyertai kemampuan pengolahan data yang perlu ditingkatkan.

This paper investigates the impact of openness variables, i.e., Foreign Direct Investment (FDI), exports, and imports, on productivity and efficiency. By employing annual data from the 13 countries from 2001 to 2018, this study confirms that openness variables affect countries’ productivity and efficiency. Productivity will improve when FDI interacts with human capital and intra- and inter-region exports, as well as when inter-region imports interact with human capital. Meanwhile, efficiency will enhance along with the enhancement of FDI, human capital, and intra-region imports. This study emphasises the importance of minimising underutilised capital and optimising production cost and managerial expertise