Yogyakarta – Monday, November 4th, 2019. Rimawan Pradiptyo, M.Sc., Ph.D., Chair of the Department of Economics, Faculty of Economics and Business, Universitas Gadjah Mada (FEB UGM), received an academic visit from Prof. Kazuhiko Yokota with 16 School of Commerce students, Waseda University, Tokyo, Japan. The visit took place in the Lippo room, the Master of Science and Doctoral Program of the FEB UGM and aimed to share and discuss various research topics of students related to the issue of international trade and development economics. Previously, this group visited the Faculty of Economics and Business, University of Indonesia for the same agenda. Furthermore, also present were a number of MD students represented by Forkomsi and Imadebgama. Overall, the activity took place dynamically with two main parts in the form of research presentations by students of the School of Commerce-Waseda University and several feedback from MD students.
The results of the study were presented by three groups with each paper theme. The first session was opened with a paper entitled “The Impact of Introducing Carbon Tax on Capital Shift”. Using the Difference in Difference estimation model for 54 OECD countries in 1970-2017, this study found that carbon taxes increase capital shift and were effective in the land transportation sector, whereas in the sea transportation sector, carbon taxes become ineffective. Moreover, in the presentation of the second group, which carries the theme “Imported Intermediate Goods and Labor Productivity”, the presenter delivered a trade war between China and the United States causing a decline in the level of exports of several developing countries. Thus, this study aims to test the hypothesis of the level of imports of intermediate goods can increase domestic labor productivity at a macro level. The unit of analysis of this research is a panel of data from 58 countries from RIETI-TID, World Bank data for the period 1990-2017. Furthermore, the results of the study show that imports of intermediate goods increase the productivity of domestic labor more than finished goods when the estimation is made in the 2000-2009 data span but has no effect in other decades. In the final group presentation titled “The New Trend of the Number of Terrorist Attacks and Origin Countries”, the presenter emphasized that immigration has a significant effect on the occurrence of terrorism attacks. By classifying the number of immigrants on 5 continents in the world, it is shown that there has been a change in the impact of immigrants since 2001 and there are differences in immigrants based on their area of origin.
Interestingly, the question and answer session or feedback from MD students reaped a variety of comments, suggestions, criticisms and questions that built the research methodology foundation of the School of Commerce students, Waseda University. Furthermore, at the end of the activity session which was attended by more than 40 participants, Rimawan Pradiptyo, M.Sc., Ph.D., gave a memento to Prof. Kazuhiko Yokota, and ended with a group photo on the REPESEA icon on the 2nd floor of the MD building. (RP)