Signifikan最新文献

Determinants of Indonesian Sugar Import 印尼食糖进口的决定因素

Signifikan Pub Date : 2023-10-22 DOI: 10.15408/sjie.v12i2.28044

Winni Putri Inayaturrohmah, Istiqomah Istiqomah, Ratna Setyawati Gunawan

引用次数: 0

Informal Traffic Controller: Study on Shadow Economy in Indonesia 非正式交通控制者:印尼影子经济研究

Signifikan Pub Date : 2023-10-22 DOI: 10.15408/sjie.v12i2.33434

Pheni Chalid, Isniati Kuswini

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Socioeconomic and Demographic Causes of Crime Reporting in Indonesia 印度尼西亚犯罪报告的社会经济和人口原因

Signifikan Pub Date : 2023-10-22 DOI: 10.15408/sjie.v12i2.33436

Wilson Rajagukguk

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Optimizing Hajj Fund Management through Strategic Asset Allocation in Islamic Finance Instrument 通过伊斯兰金融工具的战略性资产配置优化朝觐基金管理

Signifikan Pub Date : 2023-10-22 DOI: 10.15408/sjie.v12i2.34403

Aini Masruroh, Ahmad Rodoni, Iwan P Pontjowinoto

{"title":"Optimizing Hajj Fund Management through Strategic Asset Allocation in Islamic Finance Instrument","authors":"Aini Masruroh, Ahmad Rodoni, Iwan P Pontjowinoto","doi":"10.15408/sjie.v12i2.34403","DOIUrl":"https://doi.org/10.15408/sjie.v12i2.34403","url":null,"abstract":"The management of Hajj funds must be done effectively using a rigorous standardized risk management approach. This study aims to create a Hajj fund management model using Islamic financial instruments through the optimal portfolio method and strategic asset allocation. The model was built using historical data from 2010–2022, involving Islamic deposits, government sukuk (SBSN), corporate sukuk, and Islamic stocks, which were analyzed with the Markowitz portfolio equation in Excel Solver. The result showed that the optimal portfolio yields an 8.50% expected return with a 4.00% risk; strategic asset allocation produces an 8.25% return with a 2.99% risk. The policy implication of this research is the need to review the initial deposit of pilgrims and explore alternative investments to bridge the gap between the actual cost of Hajj and pilgrims' payments while improving returns.JEL Classification: M31, M37, L92 How to Cite:Masruroh, A., Rodoni, A., & Pontjowinoto, I. P. (2023). Optimizing Hajj Fund Management through Islamic Finance Instrument. Signifikan: Jurnal Ilmu Ekonomi, 12(2), 287-306. https://doi.org/10.15408/sjie.v12i2.34403.","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"23 8","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135462823","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

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Impacts of Covid-19 Pandemics and Wealth on Household Consumption in Java Island Covid-19大流行和财富对爪哇岛家庭消费的影响

Signifikan Pub Date : 2023-10-22 DOI: 10.15408/sjie.v12i2.32336

Prima Puspita Indra Murti, Hermanto Siregar, Iman Sugema

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Does Indonesia's High Level of Corruption Affect Its Trade Volume? 印尼的高腐败程度是否影响其贸易额?

Signifikan Pub Date : 2023-10-22 DOI: 10.15408/sjie.v12i2.35156

Zuhairan Yunmi Yunan

{"title":"Does Indonesia's High Level of Corruption Affect Its Trade Volume?","authors":"Zuhairan Yunmi Yunan","doi":"10.15408/sjie.v12i2.35156","DOIUrl":"https://doi.org/10.15408/sjie.v12i2.35156","url":null,"abstract":"This article aims to examine the connection between corruption and the amount of trade in several commodities, including raw materials, capital goods, intermediate products, and consumer goods, with a specific emphasis on the Indonesian situation. Indicators of corruption utilized in this article include the Corruption Perception Index (CPI) and the Control of Corruption (COC). Meanwhile, the sum of Indonesia's exports and imports indicated the country's trade volume. For this issue, this article employs the gravity model and regresses it with either a fixed effect or a random effect model. The empirical findings show that both the CPI and COC levels of corruption in Indonesia have a negative impact on the amount of trade in capital goods. However, only the CPI shows a negative correlation with the prevalence of corruption in Indonesia, whereas consumer products, intermediate goods, and raw materials all show a positive correlation. The impact of COC on Indonesia's trade partners is complicated for the commodities this article looked at. The insights generated from this study hold significant value in shaping a more informed and accurate representation of how corruption permeates and impacts international trade dynamics, thus contributing to a more nuanced understanding of this critical issue.JEL Classification: D73, F10, C01How to Cite:Yunan, Z. Y. (2023). Does Indonesia’s High Level of Corruption Affects Its Trade Volume? Signifikan: Jurnal Ilmu Ekonomi, 12(2), 425-440. https://doi.org/10.15408/sjie.v12i2.35156.","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"80 2","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135462678","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Does Financial Inclusion Affect Health Among Older Adults? Evidence from Indonesia 金融包容性是否影响老年人的健康?来自印度尼西亚的证据

Signifikan Pub Date : 2023-10-22 DOI: 10.15408/sjie.v12i2.32001

Adnan Abdurrahman, Tri Haryanto

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Do Natural Resources Affect Unemployment? Evidence from Indonesian Province Panel Data 自然资源会影响失业率吗?来自印度尼西亚省面板数据的证据

Signifikan Pub Date : 2023-10-22 DOI: 10.15408/sjie.v12i2.31824

Beni Teguh Gunawan

{"title":"Do Natural Resources Affect Unemployment? Evidence from Indonesian Province Panel Data","authors":"Beni Teguh Gunawan","doi":"10.15408/sjie.v12i2.31824","DOIUrl":"https://doi.org/10.15408/sjie.v12i2.31824","url":null,"abstract":"Since the stipulation of regional autonomy in the early 2000s, local governments have managed their revenues and expenditures independently, in direct or revenue-sharing funds from the Central Government, including income from natural resource exploitation. This study aims to identify the region with high natural resources, especially from the mining and quarrying sectors, expected to improve its human resources quality, focusing on the employment sector. In addition, this study identifies the impact of natural resources on reducing unemployment in 34 provinces in 2015-2021. A previous study implemented natural resources rent to proxy natural resources in a region. However, identification of this proxy has been challenging due to the considerable informality in Indonesia. This study employs mining and quarrying sectors to proxy natural resources as a comprehensive output of a region. The data used in this study was secondary data sourced from the National Statistics Board (BPS). The analysis method of this study was fixed effect with the Human Development Index (HDI) and the unemployment rate as the dependent variable. The results of this study revealed that regional natural resources did not impact HDI or reduce the unemployment rate in a province, indicating that the mining and quarrying sectors did not contribute to improving the quality of human resources and reducing unemployment significantly.JEL Classification: C01, O13, O15, O17How to Cite:Gunawan, B. T (2023). Do Natural Resources Affect Unemployment? Evidence From Indonesian Province Panel Data. Signifikan: Jurnal Ilmu Ekonomi, 12(2), 231-244. https://doi.org/10.15408/sjie.v12i2.31824","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"186 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135462818","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Effect of Environmental Tax - Spending Mix on Province Air Quality 环境税-支出组合对省级空气质量的影响

Signifikan Pub Date : 2023-10-22 DOI: 10.15408/sjie.v12i2.32395

Riatu Mariatul Qibthiyyah, Fauziah Zen

{"title":"The Effect of Environmental Tax - Spending Mix on Province Air Quality","authors":"Riatu Mariatul Qibthiyyah, Fauziah Zen","doi":"10.15408/sjie.v12i2.32395","DOIUrl":"https://doi.org/10.15408/sjie.v12i2.32395","url":null,"abstract":"The provincial government in Indonesia has been mandated to collect environmental-related taxes in recurrent vehicle taxes, vehicle transfer taxes, and gasoline taxes. These vehicle-related taxes have been the dominant type for the provincial government. Yet, the environment-related spending has been relatively low, within 1-3% of total expenditures. This study examines to what extent such environmental tax–spending mix affects the environmental outcomes measured by the air quality index. The novelty of this study comes in using detailed environmental-related tax revenues at the sub-national level and providing a context of the large developing country in a decentralized economy – Indonesia – as a case study. Our study finds the link between environmental tax in the case of the vehicle recurrent tax and gasoline tax in improving air quality and environmental quality index, respectively. But on the spending side, there is no evidence that provincial environmental spending may improve the air or environmental quality index. Nonetheless, we found a correlation between the vehicle transfer tax revenues and the share of province environmental spending, implying that environmental tax revenues, to some extent, correspond to the related provincial expenditures on environmental protection. This study signals the need also to expand environmental spending to complement existing environmental tax policy at the provincial level.JEL Classification: H71, H76, Q53How to Cite:Qibthiyyah, R. M., & Zen, F. (2023). The Effect of Environmental Tax Spending Mix on Province Air Quality Index. Signifikan: Jurnal Ilmu Ekonomi, 12(2), 221-230. https://doi.org/10.15408/sjie.v12i2.32395.","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135462676","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Unlocking Inclusive Growth: The Impact of Shariah Investment in Indonesia 解锁包容性增长:印尼伊斯兰教法投资的影响

Signifikan Pub Date : 2023-10-22 DOI: 10.15408/sjie.v12i2.31935

Indra Indra, Muhammad Yusuf Ibrahim

{"title":"Unlocking Inclusive Growth: The Impact of Shariah Investment in Indonesia","authors":"Indra Indra, Muhammad Yusuf Ibrahim","doi":"10.15408/sjie.v12i2.31935","DOIUrl":"https://doi.org/10.15408/sjie.v12i2.31935","url":null,"abstract":"This study investigates the role of Shariah investment in Indonesia's inclusive growth. Shariah investment is measured in terms of Shariah stocks and sukuk. As determinants of inclusive growth, the study also includes several control variables adopted from separate literature, including the effect of COVID-19. In contrast to previous research, testing is conducted using a variety of inclusive growth metrics. Using principal component analysis (PCA) to compute the composite index of inclusive growth and time series regression models with monthly data at the national level from 2011 to 2022, this study finds three main conclusions. Evidence shows that Shariah investment contributes to inclusive growth in Indonesia, but the effects vary. Shariah stocks significantly affect poverty and unemployment, whereas Sukuk affects poverty and inequality. Both contributed to improving the Human Development Index (HDI) and inclusive growth. This study also revealed that COVID-19 was instrumental in reducing Indonesia's inclusive growth performance. This study complements prior empirical research on inclusive growth issues in Indonesia by examining the role of Islamic economics and finance. This research contributes to future policy initiatives to strengthen Indonesia's inclusive growth.JEL Classification: D24, O14, O4How to Cite:Indra & Ibrahim, M. Y. (2023). Unlocking Inclusive Growth: The Impact of Shariah Investment in Indonesia. Signifikan: Jurnal Ilmu Ekonomi, 12(2), 263-274. https://doi.org/10.15408/sjie.v12i2.31935","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"10 2-3","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135462820","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0