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

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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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  -