RINA INDIASTUTI - Academia.edu (original) (raw)
Uploads
Papers by RINA INDIASTUTI
Journal of Economic Structures
The focus of this research is on analysing the effects of institutional quality and trade agreeme... more The focus of this research is on analysing the effects of institutional quality and trade agreements on Indonesia bilateral trade in four commodity groups in the era of global value chain (GVC). Employing a panel data gravity model of Indonesian export of four commodities to Indonesia’s trading partners from 2000 to 2018 and estimating the Feasible Generalized Least Squares (FGLS) and the Poisson Pseudo Maximum Likelihood Method (PPML), the results of this study find that institutional quality plays a different role in explaining Indonesia’s export performance of those four commodities, despite the fact that institutions contribute positively. On two commodities that are prospective to increase Indonesia participation in the global value chain, exported intermediates and consumer goods, we find that although both domestic institutions and trading partner institutions are significant to Indonesian export, but we argue that domestic institutions contribute more. This study also reveal...
Cogent Economics & Finance
Resources, Oct 25, 2022
This article is an open access article distributed under the terms and conditions of the Creative... more This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY
Journal of Open Innovation: Technology, Market, and Complexity, 2021
This research investigates the relation between research and development (R&D) expenditure and th... more This research investigates the relation between research and development (R&D) expenditure and the industrial concentration in the Indonesian manufacturing industry. Pooled least square dummy variable is applied to estimate the relation between the two variables. This research uses firm-level data taken from the survey of the manufacturing industry sourced from the Indonesian Bureau of Central Statistics. This research makes contributions in calculating the percentage of R&D expenditure using the recent data and freshly estimating the relation between R&D and industrial concentration in the industry. This research finds that the percentage of R&D expenditure is relatively low in the industry. There is also a declining trend in the percentage of the R&D expenditure from the period 1994–1995 to 2017. The higher industrial concentration increases the percentage of R&D expenditure. This research also finds that R&D expenditure can be higher in the firms with market power.
Journal of Asian Finance, Economics and Business, 2021
International Journal of Economics and Business Research, 2018
This research investigates technical efficiencies of Indonesian banks operating regionally and na... more This research investigates technical efficiencies of Indonesian banks operating regionally and nationally pre-and post-financial crisis in 2008. The data envelopment analysis (DEA) with bootstrapping approach is applied to estimate the technical efficiency. This study uses 119 banks listed in the Indonesian Central Bank of Indonesia and Financial Service Authority (OJK) with period from 2005 to 2014. Following the role of the banks, the technical efficiency is estimated using an intermediation approach. The results show that the banks are technically inefficient, on average. Overall, the average technical efficiency of the regional banks is lower than the non-regional banks. Also, there are significant differences of the technical efficiencies of the regional, non-regional and all banks between pre and post-financial crisis. Further, the differences of the technical efficiencies between regional and non-regional banks are significant only in all periods and post-financial crisis. In addition, the regional banks operating in the Java islands have higher average technical efficiency compared to the regional banks operating outside the Java island, although the difference is only significant in the period before the financial crisis.
International Journal of Globalisation and Small Business, 2016
This research investigates the technical efficiency of the micro, small, and medium enterprises (... more This research investigates the technical efficiency of the micro, small, and medium enterprises (SMEs) in Bandung city as well as investigating the effect of environmental factors on the technical efficiency. The competition and the size of the SMEs are used to measure the environmental factors. This research uses field survey data collected from SMEs operating in Bandung city. Three-stage approach is used in this research. At the first stage, this research applies the data envelopment analysis (DEA) to estimate technical efficiency. At the second stage, this research employs the slack-based approach to estimate the effect of environmental factors on the technical efficiency. At the last stage, the technical efficiency is estimated using the DEA with the adjusted inputs derived from the second stage. This research finds that a significant improvement of the technical efficiency occurs after taking into account the competition and the size of the SMEs. This research also reveals that competition only affects significantly the capital slack. Further, the size of the SMEs affects significantly the slacks of all input variables.
Working Papers in Economics and Development Studies, 2003
International Journal of Entrepreneurship and Small Business, 2015
This paper investigates the role of information technology in its contribution toward the competi... more This paper investigates the role of information technology in its contribution toward the competitiveness of micro, small and medium enterprises. The data used in the analysis is based on a survey of micro, small and medium enterprises in Cimahi District, Jawa Barat (West Java) Province, Indonesia. Variables to measure the degree of adoption of information technology, competitiveness, and other control latent variables are constructed by factor analysis using various relevant indicators. Path analysis is also undertaken to investigate the effect of the adoption of information technology on competitiveness. This research found that there is a lack of use of information technologies among the micro, small and medium enterprises surveyed. The information technologies are used for some purposes such as administration, marketing, production, and other activities related to the business. This research also found that the adoption of information technology has a positive contribution to competitiveness.
Applied Economics, 2012
This paper investigates trends in industrial concentration and its relationship with the price-co... more This paper investigates trends in industrial concentration and its relationship with the price-cost margin in subsectors of the Indonesian food and beverages sector in the period 1995-2006. This study uses firmlevel survey data provided by the Indonesian Bureau of Central Statistics (BPS), classified at the fivedigit International Standard Industrial Classification (ISIC) Level. The results show a significant increase in industrial concentration in 1995 to 1999, which coincided with the period of the economic crisis in Indonesia. After 1999, the industrial concentration exhibits a slightly decreasing long-term trend. Furthermore, the industrial concentration for all subsectors tends to converge to the same value in the long run. Additionally, results show that higher industrial concentration yields a higher price-cost margin. Finally, the introduction of the competition law in 1999 has slightly lowered industrial concentration and the price-cost margin.
Global Business and Economics Review
Journal of Economic Structures
The focus of this research is on analysing the effects of institutional quality and trade agreeme... more The focus of this research is on analysing the effects of institutional quality and trade agreements on Indonesia bilateral trade in four commodity groups in the era of global value chain (GVC). Employing a panel data gravity model of Indonesian export of four commodities to Indonesia’s trading partners from 2000 to 2018 and estimating the Feasible Generalized Least Squares (FGLS) and the Poisson Pseudo Maximum Likelihood Method (PPML), the results of this study find that institutional quality plays a different role in explaining Indonesia’s export performance of those four commodities, despite the fact that institutions contribute positively. On two commodities that are prospective to increase Indonesia participation in the global value chain, exported intermediates and consumer goods, we find that although both domestic institutions and trading partner institutions are significant to Indonesian export, but we argue that domestic institutions contribute more. This study also reveal...
Cogent Economics & Finance
Resources, Oct 25, 2022
This article is an open access article distributed under the terms and conditions of the Creative... more This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY
Journal of Open Innovation: Technology, Market, and Complexity, 2021
This research investigates the relation between research and development (R&D) expenditure and th... more This research investigates the relation between research and development (R&D) expenditure and the industrial concentration in the Indonesian manufacturing industry. Pooled least square dummy variable is applied to estimate the relation between the two variables. This research uses firm-level data taken from the survey of the manufacturing industry sourced from the Indonesian Bureau of Central Statistics. This research makes contributions in calculating the percentage of R&D expenditure using the recent data and freshly estimating the relation between R&D and industrial concentration in the industry. This research finds that the percentage of R&D expenditure is relatively low in the industry. There is also a declining trend in the percentage of the R&D expenditure from the period 1994–1995 to 2017. The higher industrial concentration increases the percentage of R&D expenditure. This research also finds that R&D expenditure can be higher in the firms with market power.
Journal of Asian Finance, Economics and Business, 2021
International Journal of Economics and Business Research, 2018
This research investigates technical efficiencies of Indonesian banks operating regionally and na... more This research investigates technical efficiencies of Indonesian banks operating regionally and nationally pre-and post-financial crisis in 2008. The data envelopment analysis (DEA) with bootstrapping approach is applied to estimate the technical efficiency. This study uses 119 banks listed in the Indonesian Central Bank of Indonesia and Financial Service Authority (OJK) with period from 2005 to 2014. Following the role of the banks, the technical efficiency is estimated using an intermediation approach. The results show that the banks are technically inefficient, on average. Overall, the average technical efficiency of the regional banks is lower than the non-regional banks. Also, there are significant differences of the technical efficiencies of the regional, non-regional and all banks between pre and post-financial crisis. Further, the differences of the technical efficiencies between regional and non-regional banks are significant only in all periods and post-financial crisis. In addition, the regional banks operating in the Java islands have higher average technical efficiency compared to the regional banks operating outside the Java island, although the difference is only significant in the period before the financial crisis.
International Journal of Globalisation and Small Business, 2016
This research investigates the technical efficiency of the micro, small, and medium enterprises (... more This research investigates the technical efficiency of the micro, small, and medium enterprises (SMEs) in Bandung city as well as investigating the effect of environmental factors on the technical efficiency. The competition and the size of the SMEs are used to measure the environmental factors. This research uses field survey data collected from SMEs operating in Bandung city. Three-stage approach is used in this research. At the first stage, this research applies the data envelopment analysis (DEA) to estimate technical efficiency. At the second stage, this research employs the slack-based approach to estimate the effect of environmental factors on the technical efficiency. At the last stage, the technical efficiency is estimated using the DEA with the adjusted inputs derived from the second stage. This research finds that a significant improvement of the technical efficiency occurs after taking into account the competition and the size of the SMEs. This research also reveals that competition only affects significantly the capital slack. Further, the size of the SMEs affects significantly the slacks of all input variables.
Working Papers in Economics and Development Studies, 2003
International Journal of Entrepreneurship and Small Business, 2015
This paper investigates the role of information technology in its contribution toward the competi... more This paper investigates the role of information technology in its contribution toward the competitiveness of micro, small and medium enterprises. The data used in the analysis is based on a survey of micro, small and medium enterprises in Cimahi District, Jawa Barat (West Java) Province, Indonesia. Variables to measure the degree of adoption of information technology, competitiveness, and other control latent variables are constructed by factor analysis using various relevant indicators. Path analysis is also undertaken to investigate the effect of the adoption of information technology on competitiveness. This research found that there is a lack of use of information technologies among the micro, small and medium enterprises surveyed. The information technologies are used for some purposes such as administration, marketing, production, and other activities related to the business. This research also found that the adoption of information technology has a positive contribution to competitiveness.
Applied Economics, 2012
This paper investigates trends in industrial concentration and its relationship with the price-co... more This paper investigates trends in industrial concentration and its relationship with the price-cost margin in subsectors of the Indonesian food and beverages sector in the period 1995-2006. This study uses firmlevel survey data provided by the Indonesian Bureau of Central Statistics (BPS), classified at the fivedigit International Standard Industrial Classification (ISIC) Level. The results show a significant increase in industrial concentration in 1995 to 1999, which coincided with the period of the economic crisis in Indonesia. After 1999, the industrial concentration exhibits a slightly decreasing long-term trend. Furthermore, the industrial concentration for all subsectors tends to converge to the same value in the long run. Additionally, results show that higher industrial concentration yields a higher price-cost margin. Finally, the introduction of the competition law in 1999 has slightly lowered industrial concentration and the price-cost margin.
Global Business and Economics Review