Indonesia Conference Directory

Corresponding Author
Imelda Ogi

Institutions
Faculty of Economy and Business, Universitas Sam Ratulangi, Manado, Indonesia *debby-rotinsulut[at]unsrat.ac.id; sumualjacline[at]gmail.com

Abstract
Foreign trade is one important aspect in the economy of each country. At present there is no country that does not have relations with foreign parties. The economy of each country is practically open and intertwined with the international world (Dumairy, 1997: 178). A countrys exports play an important role in promoting economic growth. Exports can supply the state budget through income and foreign currencies which can be used to improve infrastructure and create an attractive investment climate (Mohsen, 2015). In addition, exports also have an important role in developing domestic product markets. The role is to increase competition that drives a country to increase production and use new technology in its production process. Economic growth shows the extent to which economic activity will generate additional community income in a given period. The economy is considered to have experienced growth if all real service fees for the use of production factors in a particular year are greater than the real income of the community in the previous year. Kuznets (Jhingan, 2007) said that economic growth is an increase in capacity in the long term of a country to provide economic goods to the population. Economic growth means the development of activities in the economy which causes the goods and services produced to increase and the prosperity of the community to increase. Economic growth is also the rate of increase in real GDP or GNP in a given year when compared to the following year. The purpose of this study is to see how the influence of exports to ASEAN countries on Indonesias economic growth with the research method is regression analysis. The results of the study found that Indonesias exports to ASEAN countries had a positive and significant effect on Indonesias economic growth.

Keywords
Exports; Economic Growth

Topic
Strategy and Business Economics

Link: https://ifory.id/abstract/fxa8nU9GryzY

Corresponding Author
Ginanjar Syamsuar

Institutions
a) Department of Management, Sekolah Tinggi Ilmu Ekonomi Jakarta
Jalan Kayu Jati Raya 11A, Jakarta 13210, Indonesia
*ginanjar.syamsuar[at]stei.ac.id
b) Department of Management, Sekolah Tinggi Ilmu Ekonomi Jakarta
Jalan Kayu Jati Raya 11A, Jakarta 13210, Indonesia

Abstract
This study aims to identify the existence of the phenomena of the Phillips Indonesia curve trade-off in the period 1970 - 2018 using the analytical approach modeling Generalized Method of Moments (GMM). With respect to secondary data for 49 years (quarterly data), namely the variable inflation rate, unemployment rate, potential output and output gap analyzed, it is found that the phenomena of the Phillips curve trade-off occurred in Indonesia, namely the existence and pattern of the curve showed a change in almost every time, in accordance with changes in economic structure, especially those caused by the economic crisis. Between the two observation periods, namely the period before the crisis and after the crisis, the format of expectation formation and Phillips curve were significantly different. Before-crisis the influence of output-gap on changes in the development of inflation variables tends to be moderate and the dominance of the expectation formation format is backward and forward looking relatively balanced, whereas after-crisis the effect of output-gap pressure on inflation development tends to increase and the dominance of the expectation formation format is forward looking.

Keywords
Phillips curve trade-off; Generalized Method of Moments; GMM; backward-looking; forward-looking

Topic
Strategy and Business Economics

Link: https://ifory.id/abstract/4V8t9zeyxw3P

Corresponding Author
elisabeth supriharyanti

Institutions
Widya Mandala Catholic University, Surabaya

Abstract
Purpose: The purpose of this study is to investigate whether social value is developed in social business organizations to improve economic justice practices and improve social performance. This study also examines the mediation of economic justice practices in improving the social performance of social entrepreneurship. Design/methodology/approach: To test the proposed hypotheses, this study conducted survey among 96 leaders of social enteprenueship in Indonesia. Findings: The findings indicate that human dignity influences shared prosperity, solidarity and subsidiarity. However, the three values also affect the social performance but there is no need to use economic justice practices. Originality/value: This research shows the value of human dignity as the starting point for other social values. Previous research more often uses a qualitative approach

Keywords
social value, economy justice practices, social performance

Topic
Strategy and Business Economics

Link: https://ifory.id/abstract/P89MNnTcXCtW