Artikel_Impact of Cost Structure on Indonesia Food Industry Value Added

Mukhlis, Mukhlis and Bernadette, Robiani and Hamira, Hamira and Deassy, Apriani (2024) Artikel_Impact of Cost Structure on Indonesia Food Industry Value Added. Sriwijaya International Journal of Dynamic Economics and Business, 8 (2). pp. 147-158. ISSN (e) 2581-2912 (p) 2581-2904 (Submitted)

Text (Artikel Publikasi SINTA 2) 22 Okt 2023_Impact of Cost Structure.pdf Download (416kB)

Abstract

The food industry is a consistently growing sector, even in challenging economic conditions, driven by population growth and increased demand. Recognizing its importance, the Indonesian government has identified the food and beverage industry as a key sector in its Industry 4.0 roadmap. However, challenges such as reliance on imported raw materials and high labor absorption rates persist. This study analyzes the impact of cost structure on the value-added in Indonesia's food industry from 2017 to 2021, using data from Indonesia Statistics on large and medium industries. The Panel Data Regression results reveal that raw material costs and fixed capital costs positively and significantly affect value-added. These findings suggest that effective cost management, innovation, and the use of advanced technology are crucial for optimizing value-added in this sector.

Item Type:	Article
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HD Industries. Land use. Labor > HD2321-4730.9 Industry H Social Sciences > HD Industries. Land use. Labor > HD56-57.5 Industrial productivity H Social Sciences > HD Industries. Land use. Labor > HD9720-9975 Manufacturing industries
Divisions:	01-Faculty of Economics > 60201-Development Economics (S1)
Depositing User:	Dr. Mukhlis Mukhlis
Date Deposited:	22 Nov 2024 08:19
Last Modified:	22 Nov 2024 08:19
URI:	http://repository.unsri.ac.id/id/eprint/159033

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