Proceedings of the International Conference on Sustainable Innovation Track Accounting and Management Sciences (ICOSIAMS 2021)

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The Effect of SEZ Investment and Development on Labor Absorption

Authors
Bambang Jatmiko1, *, Titi Laras2, Udin Udin3, Siti Dyah Handayani4, Rini Raharti5, Alfi Muthia Anjani6
1Department of Accounting, Faculty of Economics and Business, Universitas Muhammadiyah Yogyakarta, Indonesia
2Department of Management, Faculty of Economics, Universitas Janabadra, Indonesia
3,4Department of Management, Faculty of Economics and Business, Universitas Muhammadiyah Yogyakarta, Indonesia
5Department of Economics, Faculty of Economics, Universitas Janabadra, Indonesia
6Department of Agrotechnology, Faculty of Agriculture, Universitas Muhammadiyah Yogyakarta, Indonesia
*Corresponding author. Email: bambang.jatmiko@umy.ac.id
Corresponding Author
Bambang Jatmiko
Available Online 13 January 2022.
DOI
10.2991/aebmr.k.211225.021How to use a DOI?
Keywords
Investment; Development; Labor Absorption; Special Economic Zones
Abstract

The objectives of this study are to test and prove 1) the effect of investment in Special Economic Zones (SEZ) on labor absorption, 2) the effect of the development of Special Economic Zones on labor absorption empirically, and 3) the effect of investment and development of Special Economic Zones on labor absorption. The problem in this research is that the world investment in Indonesia still reaches 1.97%. The average foreign investment to Indonesia in 2012-2016 was US $ 1,417.58 billion per year. In addition, the achievement of the investment ratio target has also only reached 32.7% or was below the National Medium Term Development Plan (RPJMN) target of 38.9% in 2019. This research method used a survey with secondary data (web, documents, and data from the Central Bureau of Statistics). The sampling technique employed non-probability sampling with saturated sampling. Saturated sampling is a sampling technique when all members of the population are used as samples. In this study, the sampling used 15 areas with 43 business units. The analysis results showed that 1) investment did not have a significant effect on labor absorption; 2) development did not have a significant effect on labor absorption; 3) investment and development simultaneously or together did not have a significant effect on labor absorption variables.

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 International Conference on Sustainable Innovation Track Accounting and Management Sciences (ICOSIAMS 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
13 January 2022
ISBN
10.2991/aebmr.k.211225.021
ISSN
2352-5428
DOI
10.2991/aebmr.k.211225.021How 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

risenwbib
TY  - CONF
AU  - Bambang Jatmiko
AU  - Titi Laras
AU  - Udin Udin
AU  - Siti Dyah Handayani
AU  - Rini Raharti
AU  - Alfi Muthia Anjani
PY  - 2022
DA  - 2022/01/13
TI  - The Effect of SEZ Investment and Development on Labor Absorption
BT  - Proceedings of the International Conference on Sustainable Innovation Track Accounting and Management Sciences (ICOSIAMS 2021)
PB  - Atlantis Press
SP  - 150
EP  - 157
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.211225.021
DO  - 10.2991/aebmr.k.211225.021
ID  - Jatmiko2022
ER  -