IDEAS home Printed from https://ideas.repec.org/a/eco/journ1/2018-06-16.html
   My bibliography  Save this article

Impact of Government Policy on Fisheries Production, Number of Fleet Fisheries, Investment, Fisheries Household in Batam City

Author

Listed:
  • Albert Gamot Malau

    (Teaching Staff in the Agribusiness Study Program Open University Faculty of Science and Technology, Indonesia.)

  • Jan Hotman

    (Teaching Staff in the Agribusiness Study Program Open University Faculty of Science and Technology, Indonesia.)

Abstract

Batam city is flanked by two countries namely Malaysia and Singapore. The population of Batam is the highest of the cities / regencies in the Riau Islands region. One source of regional income in Batam City is the Fisheries sector. Production The fisheries sector has increased from year to year. This study aims to analyze the Impact of Government Policy on Fisheries Production, Number of Fisheries Fleet, Fisheries Household (2) analyze the Impact of Government Policy on Fisheries Production, Number of Fisheries Fleet, Fisheries Household in Batam City 2000-2017. Simultaneous equation model, using Time Series data with a time span from 2000-2017. Parameter is estimated by using 2SLS (Two Stage Least Squares) method, and processing data using SAS / ETS version 6.12 computer program. Analysis is carried out to find out economic policies in 2017-2022. Model forecasting simulation is carried out to analyze the impact of Government Policy on Fisheries Production, Number of Fisheries Fleet and Fisheries Household in Batam City. The alleged result shows that the impact of Government policy on fisheries production, number of fishing fleets, number of fishery households in Batam City. The factors that influence fisheries production are fisheries sector investment and fisheries production last year. Fisheries sector technology and number of fisheries houses have a positive and significant effect on fisheries production. Increasing the number of fisheries will increase fisheries production in Batam City and have a positive and significant effect, if the number of fishing fleets in the city of Batam is increased by one unit, it will increase fisheries production by 12.56 units. Government policy by increasing the number of fleet fisher by 20 percent will result in increasing fisheries production 2.1036 percent, and increasing fisheries sector investment by 3.8970 percent. Decreasing interest rates by 5 percent will have an impact on reducing investment in the fisheries sub-sector by -0.5898 and increasing fisheries production by 2.1038 percent.

Suggested Citation

  • Albert Gamot Malau & Jan Hotman, 2018. "Impact of Government Policy on Fisheries Production, Number of Fleet Fisheries, Investment, Fisheries Household in Batam City," International Journal of Economics and Financial Issues, Econjournals, vol. 8(6), pages 110-114.
  • Handle: RePEc:eco:journ1:2018-06-16
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijefi/article/download/7281/pdf
    Download Restriction: no

    File URL: https://www.econjournals.com/index.php/ijefi/article/view/7281/pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Naudé, Wim, 2012. "Entrepreneurship and economic development: Theory, evidence and policy," MERIT Working Papers 2012-027, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    2. Iman, Mohamad S. & Nagata, Akiya, 2005. "Liberalization policy over foreign direct investment and the promotion of local firms development in Indonesia," Technology in Society, Elsevier, vol. 27(3), pages 399-411.
    3. Immanuel, S. & Pillai, V.N. & Vivekandan, E & Kurup, K.N. & Srinath, M., 2003. "A preliminary assessment of the coastal fishery resources in India: socioeconomic and bioeconomic perspective," Monographs, The WorldFish Center, number 37746, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Louis‐Philippe Beland & Bulent Unel, 2019. "Politics and entrepreneurship in the US," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 52(1), pages 33-57, February.
    2. Pradhan, Rudra P. & Arvin, Mak B. & Nair, Mahendhiran & Bennett, Sara E., 2020. "The dynamics among entrepreneurship, innovation, and economic growth in the Eurozone countries," Journal of Policy Modeling, Elsevier, vol. 42(5), pages 1106-1122.
    3. Lina Karabetyan & Gamze Sart, 2023. "The Impact of Entrepreneurship and Education on the Ecological Footprint: Insights from the G-20 States," Sustainability, MDPI, vol. 16(1), pages 1-16, December.
    4. Prieger, James E. & Bampoky, Catherine & Blanco, Luisa R. & Liu, Aolong, 2016. "Economic Growth and the Optimal Level of Entrepreneurship," World Development, Elsevier, vol. 82(C), pages 95-109.
    5. Smaragda Papadopoulou & Stamatis Goumas, 2018. "Reading Ability as a Learning Experience and Meaning Making in Class: the Case of Greek Primary Schools," European Journal of Education Articles, Revistia Research and Publishing, vol. 1, May - Aug.
    6. Angulo-Guerrero, María J. & Pérez-Moreno, Salvador & Abad-Guerrero, Isabel M., 2017. "How economic freedom affects opportunity and necessity entrepreneurship in the OECD countries," Journal of Business Research, Elsevier, vol. 73(C), pages 30-37.
    7. Grădinaru Cătălin & Toma Sorin-George & Papuc Răzvan, 2017. "Entrepreneurship in the World: The Analysis of the Global Entrepreneurship Index in the Period 2015-2017," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 14-18, December.
    8. Joan DeJaeghere & Aryn Baxter, 2014. "Entrepreneurship education for youth in sub-Saharan Africa: A capabilities approach as an alternative framework to neoliberalism’s individualizing risks," Progress in Development Studies, , vol. 14(1), pages 61-76, January.
    9. Hao-Chun Lu & Yao-Huei Huang, 2013. "An Optimal Method for Developing Global Supply Chain Management System," Journal of Optimization, Hindawi, vol. 2013, pages 1-14, October.
    10. Md. Abdul Momen & Shamsul Huq Bin Shahriar & Md. Kamrul Hassan & Seyama Sultana, 2020. "Determinants of Using Social Networking Sites Toward Entrepreneurial Success: Experience from a Developing Nation," Emerging Economy Studies, International Management Institute, vol. 6(2), pages 191-200, November.
    11. Hendarti Permono & Rilla Sovitriana & Agus Djoko Santosa, 2019. "Influence Cognitive Strategies, Metacognitive Strategies And Experience Success In Mathematics Achievement Through Self-Efficacy In V Grade Elementary School In East Jakarta," International Review of Management and Marketing, Econjournals, vol. 9(5), pages 46-51.
    12. Polyxeni Kechagia & Theodore Metaxas, 2022. "FDI and Institutions in BRIC and CIVETS Countries: An Empirical Investigation," Economies, MDPI, vol. 10(4), pages 1-23, March.
    13. Natanya Meyer & Jacques de Jongh, 2018. "The Importance of Entrepreneurship as a Contributing Factor to Economic Growth and Development: The Case of Selected European Countries," Journal of Economics and Behavioral Studies, AMH International, vol. 10(4), pages 287-299.
    14. Syed Zaheer Abbas, Kazmi & Andras, Nabradi, 2017. "New Venture Creation – The Influence Of Entrepreneurship Education On Students’ Behavior (A Literature – Review Based Study)," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 11(1-2), September.
    15. Wang Xuhui & Jia Liu & Frida Pacho, 2018. "Societal, Culture and Entrepreneurial Opportunities Exploitation of New Venture Activities: Mediating Role of Proactiveness," International Journal of Regional Development, Macrothink Institute, vol. 5(2), pages 1-41, December.
    16. Shelby Solomon & Joshua S. Bendickson & Eric W. Liguori & Matthew R. Marvel, 2022. "The effects of social spending on entrepreneurship in developed nations," Small Business Economics, Springer, vol. 58(3), pages 1595-1607, March.
    17. Adriana Perez-Encinas & Yolanda Bueno & Begoña Santos & Camila Nieto-Mejia, 2021. "Are There Differences and Complementarities between Senior and Young Entrepreneurs? An Intergenerational Perspective," Sustainability, MDPI, vol. 13(9), pages 1-24, May.
    18. Saša Petković Snežana Sorak, 2019. "Effects of the Establishment of Entrepreneurial Orientation on the Performances of Small and Medium Enterprises in Transition Countries: Empirical Evidences from Bosnia and Herzegovina," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 22(SCI), pages 37-67, March.
    19. Mieke Rahayu & Fahmi Rasid & Hendy Tannady, 2019. "The Effect of Career Training and Development on Job Satisfaction and its Implications for the Organizational Commitment of Regional Secretariat (SETDA) Employees of Jambi Provincial Government," International Review of Management and Marketing, Econjournals, vol. 9(1), pages 79-89.
    20. Bladimir de la Hoz-Rosales & José A. Camacho-Ballesta & Ignacio Tamayo-Torres, 2019. "Effects of innovative entrepreneurship and the information society on social progress: an international analysis," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(2), pages 782-813, December.

    More about this item

    Keywords

    Fisheries Production; Fisheries Fleet Fishing Household; Investment.;
    All these keywords.

    JEL classification:

    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ1:2018-06-16. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.