Record Detail

This study resulted in the finding that the TFP in several emerging force countries is relatively the same, considering that the production factors in these countries have been effective and efficient. Indonesia, which has a relative TFP of 50% to 60%, is similar to other emerging force countries such as Brazil, Turkey, and the Russian Federation. The research was conducted using big data released by Penn World Table-100 in the 2019 edition. This study resulted in finding that 3 variables, namely Real Consumption, Real GDP, and Internal Rate Return as the variables that most influence the TFP variable. This further makes the postulation that in emerging market countries the components that make up national income, namely each consumption, the efficiency of production, in this case, is reflected in the magnitude of the influence of IRR on TFP. The theoretical implication of this research is to sharpen the analysis of the production speed in influencing the TFP and national income of a country. The managerial implication of this research is that the state must remove all barriers, both in the logistics and port sectors, in order to facilitate the flow of goods both abroad and within the country.