The Structure-Conduct-Performance Paradigm in the Indonesian Manufacturing Industry

This study examines the structure, conduct, and performance (SCP) of the Indonesian manufacturing industry, contributing the most to the national economy from 2017 to 2021. The research employed SCP analysis, which entails evaluating market concentration using the Herfindahl Hirschman Index (HHI) an...

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Main Authors: Yuliati, Lilis, Adenan, Moh., Prianto, Fajar Wahyu, Wibisono, Sunlip, Komariyah, Siti
Format: UMS Journal (OJS)
Language:eng
Published: Muhammadiyah University Press 2024
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Online Access:https://journals.ums.ac.id/index.php/JEP/article/view/20483
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author Yuliati, Lilis
Adenan, Moh.
Prianto, Fajar Wahyu
Wibisono, Sunlip
Komariyah, Siti
author_facet Yuliati, Lilis
Adenan, Moh.
Prianto, Fajar Wahyu
Wibisono, Sunlip
Komariyah, Siti
author_sort Yuliati, Lilis
collection OJS
description This study examines the structure, conduct, and performance (SCP) of the Indonesian manufacturing industry, contributing the most to the national economy from 2017 to 2021. The research employed SCP analysis, which entails evaluating market concentration using the Herfindahl Hirschman Index (HHI) and analyzing market performance and industry behavior utilizing literature reviews. Based on Indonesian Central Statistics Agency groupings, the sample data covers 23 sub-sectors of the manufacturing industry. The results of the HHI calculations also show that the concentration of the manufacturing industry market is at a moderate level, mergers and acquisitions that result in moderate market concentration of HHI enhancements will raise anti-competitive concerns and will require further analysis and often require scrutiny. Hence, requiring proper supervision and strategy in developing competitiveness amidst global uncertainty. The conduct and performance of the manufacturing industry show an effort to grow better amid fairly tight global competition. Therefore, it is necessary for a number of parties to play a part in boosting productivity and the competitiveness of goods produced by the manufacturing sector. Governments should reduce their direct intervention in the market by implementing industrial policies and seeking market-oriented policy means to influence the economy.
format UMS Journal (OJS)
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institution Universitas Muhammadiyah Surakarta
language eng
publishDate 2024
publisher Muhammadiyah University Press
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spelling oai:ojs2.journals.ums.ac.id:article-20483 The Structure-Conduct-Performance Paradigm in the Indonesian Manufacturing Industry Yuliati, Lilis Adenan, Moh. Prianto, Fajar Wahyu Wibisono, Sunlip Komariyah, Siti manufacturing industry; structure-conduct-performance; market share; trade O04, L16, L1, F1 This study examines the structure, conduct, and performance (SCP) of the Indonesian manufacturing industry, contributing the most to the national economy from 2017 to 2021. The research employed SCP analysis, which entails evaluating market concentration using the Herfindahl Hirschman Index (HHI) and analyzing market performance and industry behavior utilizing literature reviews. Based on Indonesian Central Statistics Agency groupings, the sample data covers 23 sub-sectors of the manufacturing industry. The results of the HHI calculations also show that the concentration of the manufacturing industry market is at a moderate level, mergers and acquisitions that result in moderate market concentration of HHI enhancements will raise anti-competitive concerns and will require further analysis and often require scrutiny. Hence, requiring proper supervision and strategy in developing competitiveness amidst global uncertainty. The conduct and performance of the manufacturing industry show an effort to grow better amid fairly tight global competition. Therefore, it is necessary for a number of parties to play a part in boosting productivity and the competitiveness of goods produced by the manufacturing sector. Governments should reduce their direct intervention in the market by implementing industrial policies and seeking market-oriented policy means to influence the economy. Muhammadiyah University Press University of Jember 2024-06-30 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://journals.ums.ac.id/index.php/JEP/article/view/20483 10.23917/jep.v25i1.20483 Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan; Vol 25, No 1 (2024): JEP 2024; 69-83 2460-9331 1411-6081 eng https://journals.ums.ac.id/index.php/JEP/article/view/20483/9037 https://journals.ums.ac.id/index.php/JEP/article/downloadSuppFile/20483/5174 https://journals.ums.ac.id/index.php/JEP/article/downloadSuppFile/20483/5175 Copyright (c) 2024 Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan https://creativecommons.org/licenses/by/4.0
spellingShingle manufacturing industry; structure-conduct-performance; market share; trade
O04, L16, L1, F1
Yuliati, Lilis
Adenan, Moh.
Prianto, Fajar Wahyu
Wibisono, Sunlip
Komariyah, Siti
The Structure-Conduct-Performance Paradigm in the Indonesian Manufacturing Industry
title The Structure-Conduct-Performance Paradigm in the Indonesian Manufacturing Industry
title_full The Structure-Conduct-Performance Paradigm in the Indonesian Manufacturing Industry
title_fullStr The Structure-Conduct-Performance Paradigm in the Indonesian Manufacturing Industry
title_full_unstemmed The Structure-Conduct-Performance Paradigm in the Indonesian Manufacturing Industry
title_short The Structure-Conduct-Performance Paradigm in the Indonesian Manufacturing Industry
title_sort structure conduct performance paradigm in the indonesian manufacturing industry
topic manufacturing industry; structure-conduct-performance; market share; trade
O04, L16, L1, F1
topic_facet manufacturing industry; structure-conduct-performance; market share; trade
O04, L16, L1, F1
url https://journals.ums.ac.id/index.php/JEP/article/view/20483
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