Analisis Permintaan Riset dan Pengembangan Pada Industri Jamu di Indonesia  

Oleh:

Karseno, Arief Ramelan

Jenis: Article from Bulletin/Magazine
Dalam koleksi: KELOLA Gadjah Mada University Business Review vol. VI no. 15 (1997), page 56-72.
Topik: HERBAL; research and development; traditional medicine; indonesia; cointegration approach; dynamic linear model; reciprocal model

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: KK11.4 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

The objective of this study is to find the impact of the concentration index variable, macro variable and cross elasticity, on producer expenditure on research and develeopment (R & D). It also tries to figure out the pattern of producer expenditure on R & D, using data form the traditional medicine industry in indonesia. The data sample used is time series data from 1987 to 1993. To meet the required number for a sample based on econometric theory, quarterly interpolation is used. This study uses the cointegration ratio approach, dynamic linear model, and reciprocal model for analysis. As expected, the estimation reuslt shows that the concentration index inflation, and cross elasticity have significant impact on the R & D expenditure. The impact of the interest rate variable is significantm but its sign does not to confirm to theory. This shows that R & D expenditure in the traditional medicine industry in indonesia is not fully an investment decision, but rather is to optimize the use of idle funds. This finding is supported by its asymptotic expenditure pattern. Moreover, this small sample size used cannot form a cointegrated variable associated.

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