FAKTOR-FAKTOR YANG MEMPENGARUHI KINERJA PASAR TENAGA KERJA DAN IMPLIKASI KEBIJAKANNYA TERHADAP SEKTOR PERTANIAN DI KABUPATEN BOGOR

Abstract

There has been a general concern that after the implementation of the regional
autonomy policy, the labor market performance tenfing to decline. This paper aims at
analysing various factors influencing the labour market, by making use of an
econometric model of simultaneous equation system employing a set of pooled or panel
data (combination of yearly time series and 30 subdistricts cross section in Bogor
Regency). The results showed that estimated parameters accord well with the theory.
The estimated model is fairly good to explain the variation of labor market of Bogor
Regency, prior to as well as during the ongoing regional autonomy period. Among the
results, it is found that, in agricultural and service sectors, employment absorption for
educated and uneducated labours is higher during the autonomy than before the
autonomy. The opposite happens in the industrial sector. In all sectors, investment
plays an important role in determining employment absorption. Together with labour
productivity, employment absorption positively affects gross domestic regional
product, which in turns influences a number of labour market variables.