The main objective of this article is to explain the possible mechanism between food prices and the economic transition status difference between Indonesia and South Korea. Moreover, the article also discusses the possible source of success in lowering food prices in the two economies. The two-goods consumption model for two economies is used to relate the relative economic transition status and food prices. The model and the historical data show a similar pattern: the economic transition is diverging between the two economies while the food prices are relatively getting more expensive in Indonesia. The possible sources of lower food prices are discussed.
This study aims to provide empirical evidence regarding the capital structure phenomenon in non-financial sector companies in Indonesia. The study population was all non-financial companies listed on the Indonesia Stock Exchange for the 2014-2018 period. The research sample of 1,770 companies obtained through the purposive sampling method. This research uses descriptive study method. The result of this study show that the basic industry and chemical sectors have the highest average use of debt than other non-financial sectors in the 2014-2018 period. Meanwhile, the consumer goods industry is the non-financial sector, with the lowest average debt utilization level in the 2014-2018 period. This study sees that, in general, the company's capital structure changes with changes in macroeconomic conditions.
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