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The 2  International Seminar of Science and Technology
                                    nd
                                   “Accelerating Sustainable innovation towards Society 5.0”
                                                       ISST 2022 FST UT 2022
                                                          Universitas Terbuka

           Table 1. Components of the calculation of added value using the Hayami
                                     Method.
                                             Code        Method of
           Variable
                                                        calculation

            I. Output, input, and price
            Output (kg)                         1
            Input (kg)                          2
            Labor (org)                         3     = 1/2
            Conversion factor                   4     = 3/2
            Labor coefficient                   5
            Output price (Rp/kg)                6
            Labor wage (Rp/o)                   7

            II. Revenue and profit
            Raw material price (Rp/kg)          8     = 4×6
            Contribution of other inputs (Rp/kg)   9   =10-9-8
            Output value (Rp/kg)               10     = (11 /10) x 100%
            Value added (Rp/kg)                11     = 5 x 7
            Value added ratio (%)              12     = (13 /11) x 100%
            Labor benefits (Rp/kg)             13     = 11 – 13
            Labor share (%)                    14     = (15 /11) x 100%
            Profit (Rp/kg)                     15
            Profit rate (%)                    16

            III. Fees for the owner of factors
            of production                      17     = 10 – 8
            Margin (Rp/kg)                     18     = (13 / 17) x 100%
            Labor benefits (%)                 19     = (9 / 17) x 100%
            Contribution of other inputs (%)   20     = (15 / 17) x 100%
            Profit (%)
          Source: Hayami et al. (1987) in Kustiari (2012)


          138                          ISST 2022 – FST Universitas Terbuka, Indonesia
                    International Seminar of Science and Technology “Accelerating Sustainable
                                                         Towards Society 5.0
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