Proceedings of the 7th Sriwijaya Economics, Accounting, and Business Conference (SEABC 2021)

Incremental Labor Output Ratio (ILOR) and Output Growth in Indonesia

Authors
Desifitrina1, Syamsurijal Ak2, Nurlina Tarmizi3, Rosmiati Chodidjah S4
1-4Faculty of Economics, Sriwajaya University, Palembang Indonesia
1Faculty of Economics, Tamansiswa University, Palembang Indonesia
*Corresponding author. Email: desfitrina68@gmail.com
Corresponding Author
Desifitrina
Available Online 8 March 2022.
DOI
10.2991/aebmr.k.220304.020How to use a DOI?
Keywords
Output; Economic Growth; Investment; Incremental Labor Output Ratio (ILOR)
Abstract

This research specifically projecting output and predicting economic growth, investment needs, and additional labor by sector using labor and output data (GDP according to business fields at constant prices) during the 2001-2019 period. The analytical method used is a projection of labor based on the output approach, namely the Incremental Labor Output Ratio (ILOR). The results show that (1) an increase in output in the agricultural sector does not have an impact on expanding the absorption of labor in that sector, but the conditions are in contrast to an increase in output in the social services, mining and trade sectors which will have an impact on expanding the workforce (2) Additional employment in the agricultural sector does not provide optimal results or additional labor in the agricultural sector and results in a decrease in output in the future (3) Additional labor in the mining sector will produce high output in the future.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 7th Sriwijaya Economics, Accounting, and Business Conference (SEABC 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
8 March 2022
ISBN
978-94-6239-549-7
ISSN
2352-5428
DOI
10.2991/aebmr.k.220304.020How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Desifitrina
AU  - Syamsurijal Ak
AU  - Nurlina Tarmizi
AU  - Rosmiati Chodidjah S
PY  - 2022
DA  - 2022/03/08
TI  - Incremental Labor Output Ratio (ILOR) and Output Growth in Indonesia
BT  - Proceedings of the 7th Sriwijaya Economics, Accounting, and Business Conference (SEABC 2021)
PB  - Atlantis Press
SP  - 155
EP  - 161
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220304.020
DO  - 10.2991/aebmr.k.220304.020
ID  - 2022
ER  -