WAQF PRODUCTIVE EFFICIENCY: EVIDENCE FROM YAYASAN BADAN WAKAF SULTAN AGUNG, SEMARANG

DOI

10.2991/icpsuas-17.2018.39How to use a DOI?

Keywords

Cobb-Douglas; Production function; Productive Waqf; YBWSA

Abstract

This research is aimed to gain understanding of influence of production factors which are capital, workforce and waqf assets to output (revenues) of waqf assets' productivity by using Cobb-Douglas production function. Research object is focused on Yayasan Badan Wakaf Sultan Agung (YBWSA) Semarang which has been serving in managing waqf assets productively in education and healthcare sectors since 1950. This research used primary data from interview and secondary data from monthly financial statement in 2010-2012 period.ÿThis research conducted by using quantitative analysis technique through double linear regression model that modified from Cobb-Douglas function equation. Furthermore, in order to obtain inter-variable partial and simultaneous correlation, t-test and F-test are conducted. Tests result show that production factors, partially and simultaneously have insignificant correlation to output (revenues) of waqf assets. On the other hand, output production scale of YBWSA is classified as decreasing return to scale.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Tika Widiastuti
PY  - 2017/08
DA  - 2017/08
TI  - WAQF PRODUCTIVE EFFICIENCY: EVIDENCE FROM YAYASAN BADAN WAKAF SULTAN AGUNG, SEMARANG
BT  - Proceedings of the 1st International Conference Postgraduate School Universitas Airlangga : "Implementation of Climate Change Agreement to Meet Sustainable Development Goals" (ICPSUAS 2017)
PB  - Atlantis Press
SP  - 178
EP  - 185
SN  - 2352-5398
UR  - https://doi.org/10.2991/icpsuas-17.2018.39
DO  - 10.2991/icpsuas-17.2018.39
ID  - Widiastuti2017/08
ER  -