SignifikanPub Date : 2020-02-08DOI: 10.15408/sjie.v9i1.14056
Lely Ratwianingsih, M. Cahyadin, S. Sutomo
{"title":"Do Non-Economic Factors Effect Village Fund?","authors":"Lely Ratwianingsih, M. Cahyadin, S. Sutomo","doi":"10.15408/sjie.v9i1.14056","DOIUrl":"https://doi.org/10.15408/sjie.v9i1.14056","url":null,"abstract":"The Government has enacted Law Number 6/2014 concerning Villages. One policy included in that Law is the provision of Village Funds (Dana Desa) in which its implementation can be investigated based on non-economic aspects. For this reason, this study aims to analyze the impact of non-economic factors on Village Funds disbursed in 29 districts in Central Java Province. These factors include population and the Human Development Index (HDI). While using secondary data from 2015-2017, this research employs a method using panel data with the best model known as the Fixed Effects Model (FEM). The FEM estimation results show that the population has a significant impact, while HDI's impact is not significant. Besides, the ratio between Village Funds and the population has a significant impact on Village Funds. Thus, both the Central and the Regional Government, as well as the Village Heads, should consider the population in allocating Village Funds. The contribution of this study is that the Government should formulate an appropriate policy for Village Funds allocation by considering non-economic factors in each village. JEL Classification : O10, O23, E62 How to Cite: Ratwianingsih, L., Cahyadin, M., & Sutomo. (2020). Do Non-Economic Factors Affect Village Funds?. Signifikan: Jurnal Ilmu Ekonomi , Vol. 9(1), 93-106. doi: http://dx.doi.org/10.15408/sjie.v9i1.14056.","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"9 1","pages":"93-106"},"PeriodicalIF":0.0,"publicationDate":"2020-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47683756","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}
SignifikanPub Date : 2020-02-08DOI: 10.15408/sjie.v9i1.12200
D. Nauly, H. Harianto, S. Hartoyo, T. Novianti
{"title":"Foreign Presence and Industrial Concentration In Indonesian Food Industries","authors":"D. Nauly, H. Harianto, S. Hartoyo, T. Novianti","doi":"10.15408/sjie.v9i1.12200","DOIUrl":"https://doi.org/10.15408/sjie.v9i1.12200","url":null,"abstract":"Indonesia requires foreign investment to meet the capital needs of the food industries. On the other hand, foreign presence can cause high industrial concentration. This paper analyzes the effect of foreign presence on the concentration of the food industry in Indonesia using panel data from 28 subsectors in the period 2011-2015. The data used is the annual Large and Medium Industries Survey (IBS) data from Statistics Indonesia. The concentration indicators used are the concentration ratio (CR4) and the Herfindahl Hirschman Index (HHI). By using panel regression, the result shows that foreign presence has a positive influence on the concentration of the food industry in Indonesia. Besides, the economies of scale and market size also significantly influence the concentration of the food industry. The result indicates that the government investment policy must endorse more competition among firms. JEL Classification Code: L66, L16 How to Cite: Nauly, D., Harianto., Hartoyo, S., & Novianti, T. (2020). Foreign Presence and Industrial Concentration in Indonesian Food Industry. Signifikan: Jurnal Ilmu Ekonomi , Vol. 9(1), 69-80. doi: http://dx.doi.org/10.15408/sjie.v9i1.12200.","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"9 1","pages":"69-80"},"PeriodicalIF":0.0,"publicationDate":"2020-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45506077","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}
SignifikanPub Date : 2020-02-08DOI: 10.15408/sjie.v9i1.10955
C. J. Anwar, Okot Nicholas
{"title":"Causality Relationship between Central Bank Reforms and Inflation: Evidence from Developing Countries","authors":"C. J. Anwar, Okot Nicholas","doi":"10.15408/sjie.v9i1.10955","DOIUrl":"https://doi.org/10.15408/sjie.v9i1.10955","url":null,"abstract":"This study provides evidence on the relationship between central bank reforms and inflation dynamics in a sample of 37 developing countries. We use panel structural break test and Granger non ‐ causality tests on annual inflation and the legal index of central bank independence (CBI), as a proxy of central bank reform, over 40 years period. The empirical results indicate a positive effect of central bank independence on inflation stabilization. Besides, we find that there exists bi-directional causality between central bank reforms and inflation. These findings suggest that central bank independence is beneficial in terms of sustained macroeconomic stabilization and should harness among developing countries. In particular, reforms should design to give central banks more autonomy in the conduct of monetary policy and financial sector regulation. JEL Classifications: E31, E58 How to Cite: Anwar, C. J., & Nicholas, O. (2020). Causality Relationship Between Central Bank Reforms and Inflation: Evidence from Developing Countries. Signifikan: Jurnal Ilmu Ekonomi , Vol. 9(1), 15-30. doi: http://dx.doi.org/10.15408/sjie.v9i1.10955.","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"9 1","pages":"15-30"},"PeriodicalIF":0.0,"publicationDate":"2020-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46804393","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}
SignifikanPub Date : 2020-02-08DOI: 10.15408/sjie.v9i1.12903
J. Susanto, Didit Welly Udjianto
{"title":"Do Wage Spillovers Lead to Labor Productivity Spillovers?","authors":"J. Susanto, Didit Welly Udjianto","doi":"10.15408/sjie.v9i1.12903","DOIUrl":"https://doi.org/10.15408/sjie.v9i1.12903","url":null,"abstract":"This research wants to analyze wage spillovers in Yogyakarta and Central Java, and whether these spillovers induce labor productivity spillovers. This study uses data published by the Central Bureau of Statistics (BPS) and includes wage rate, regency/city minimum wage, capital intensity, education level, growth, and labor productivity. The spatial regression is using in this study. The results show that there is a wage spillover across regencies/municipalities in Yogyakarta and Central Java. The wage rate is not only influenced by the variables in the area but is also by the wage rates in the surrounding area. However, these wage spillovers do not encourage labor productivity spillovers. The labor productivity in a regency/city depends on the availability of physical capital in this area. An expansion in labor productivity in a zone does not affect the increment in labor productivity in the encompassing zone. The physical capital not easily moved between regencies/cities. JEL Classification: J24, J3, J61, How to Cite: Susanto, J., & Udjianto, D. W. (2020). Do Wage Spillovers Lead to Labor Productivity Spillovers? Signifikan: Jurnal Ilmu Ekonomi , Vol. 9(1), 51-68. doi: http://dx.doi.org/10.15408/sjie.v9i1.12903.","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"9 1","pages":"51-68"},"PeriodicalIF":0.0,"publicationDate":"2020-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43961936","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}
SignifikanPub Date : 2018-03-25DOI: 10.15408/sjie.v7i2.6177
Damayanti Simangunsong, Kuang-Hui Chen
{"title":"Inequality and Economic Growth in Indonesia in the 2000's","authors":"Damayanti Simangunsong, Kuang-Hui Chen","doi":"10.15408/sjie.v7i2.6177","DOIUrl":"https://doi.org/10.15408/sjie.v7i2.6177","url":null,"abstract":"The income inequality in Indonesia reached the highest level during the decentralization era and suspected to be the cause of the slowdown of the economic growth in the last five years to 2015. This paper investigates whether increasing inequality had a positive or negative impact on economic growth in Indonesia. Using dynamic panel and applying Generalized Method of Moments (GMM) estimator, the result concluded that there is a significant positive relationship between income inequality and economic growth. However, this study cannot draw a definite conclusion about the association for the different classes (bottom, middle, and top level) since only one-step system GMM is significant. Based on the result, it implies that the government should be more careful in regulating the inequality policy and understand more about the right mechanism of inequality and economy growth. DOI: 10.15408/sjie.v7i2.6177","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"7 1","pages":"201-212"},"PeriodicalIF":0.0,"publicationDate":"2018-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49204661","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}
SignifikanPub Date : 2018-03-25DOI: 10.15408/sjie.v7i2.6125
S. Dewi
{"title":"The Effects of Minimum Wage Throughout the Wage Distribution in Indonesia","authors":"S. Dewi","doi":"10.15408/sjie.v7i2.6125","DOIUrl":"https://doi.org/10.15408/sjie.v7i2.6125","url":null,"abstract":"The global financial crisis in 2007 followed by Indonesia’s largest labor demonstration in 2013 encouraged turmoils on Indonesia labor market. This paper examines the effect of the minimum wage on wage distribution in 2007 and 2014 and how the minimum wage increases in 2014 affected the distribution of wage differences between 2007 and 2014. This study employs recentered influence function (RIF) regression method to estimate the wage function by using unconditional quantile regression. Furthermore, to measure the effect of the minimum wage increase in 2014 on the distribution of wage differences, it uses the Oaxaca–Blinder decomposition method. Using balanced panel data from the Indonesian Family Life Survey (IFLS), it found that the minimum wage mitigates wage disparity in 2007 and 2014. The minimum wage policy in 2014 leads to an increase in the wage difference between 2007 and 2014, with the largest wage difference being in the middle distribution. DOI: 10.15408/sjie.v7i2.6125","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"7 1","pages":"221-232"},"PeriodicalIF":0.0,"publicationDate":"2018-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46556725","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}
SignifikanPub Date : 2018-03-25DOI: 10.15408/sjie.v7i2.5793
A. G. Allo, N. Sukartini, Endah Saptutyningsih
{"title":"Smoking Behavior and Human Capital Investment: Evidence from Indonesian Household","authors":"A. G. Allo, N. Sukartini, Endah Saptutyningsih","doi":"10.15408/sjie.v7i2.5793","DOIUrl":"https://doi.org/10.15408/sjie.v7i2.5793","url":null,"abstract":"This study aims at estimating the difference health and education performance between children with exposure to smoke and those who are not at home. An environment with the extreme smoke condition has adverse health effects. This study utilizes longitudinal data namely Indonesia Family Life Survey period 2007 and 2014 (IFLS4 and IFLS5). We use the Propensity Score Matching (PSM) method and the Average Treatment Effect on Treated (ATT). The health indicator is proxied by body mass index (BMI) and educational achievement proxied with children cognitive ability. The results show that children who grow in a household with active smoker tend to have lower health status and educational attainment compare to children who are not. This study recommends public policy for banning smoking in public areas as well as inside building such as house and office in Indonesia. DOI: 10.15408/sjie.v7i2.5793","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"7 1","pages":"233-246"},"PeriodicalIF":0.0,"publicationDate":"2018-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46458293","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}
SignifikanPub Date : 2018-03-25DOI: 10.15408/sjie.v7i2.6048
Stranti Nastiti Kusumaningrum
{"title":"The Sensitivity of Residential Electricity Demand in Indonesia","authors":"Stranti Nastiti Kusumaningrum","doi":"10.15408/sjie.v7i2.6048","DOIUrl":"https://doi.org/10.15408/sjie.v7i2.6048","url":null,"abstract":"Since 2013, the residential electricity price for High VA (Volt-Ampere) households has changed due to changes in pricing policies. This paper analyzes the responsiveness of residential electricity demand to the change in electricity prices and income among two different household groups (Low VA and High VA) in 2011 and 2014. Using an electricity consumption model and the Quantile Regression method, the results show that residential electricity demand is price and income inelastic. Income elasticity is lower than price elasticity. Furthermore, the effects on price elasticity also found in the Low VA group, whose rate remained stable. At the same time, evidence proves the impact of the change in pricing policy on income elasticity remains unclear. This result implies that the government has to be more careful in regulating electricity prices for the low VA group, while maintaining economic stability. DOI: 10.15408/sjie.v7i2.6048","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"7 1","pages":"247-266"},"PeriodicalIF":0.0,"publicationDate":"2018-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41648965","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}
SignifikanPub Date : 2018-03-25DOI: 10.15408/sjie.v7i2.6568
Falikhakh Nur Baeti, B. Juanda, A. Asmara
{"title":"Redenomination Policy and Economic Performance: Experimental and Historical Approach","authors":"Falikhakh Nur Baeti, B. Juanda, A. Asmara","doi":"10.15408/sjie.v7i2.6568","DOIUrl":"https://doi.org/10.15408/sjie.v7i2.6568","url":null,"abstract":"The discourse of redenomination policy has existed since 2010. This research analyzes impact of economic growth, type of goods, transitions period and redenomination stages towards economic performance which measured from the change in the price of transactions and the number of transactions. This research used primary data and secondary data; the primary data was collected through experimental economy. The percentage of the change in price of transactions after redenomination in low economic growth condition showed an increase, while in high economic growth condition showed a decrease. Secondary data was gathered to analyze the deciding factor in the success of redenomination through logistic analysis method. The result showed that the variable of economic growth, unemployment rate and the level of democratization in a country affect the success of the implementation of redenomination DOI: 10.15408/sjie.v7i2.6568","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"7 1","pages":"173-184"},"PeriodicalIF":0.0,"publicationDate":"2018-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42349758","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}
SignifikanPub Date : 2018-03-25DOI: 10.15408/sjie.v7i2.7365
Bayu Kharisma
{"title":"The Determinant of Participation in The Social Activities: Case in Indonesia","authors":"Bayu Kharisma","doi":"10.15408/sjie.v7i2.7365","DOIUrl":"https://doi.org/10.15408/sjie.v7i2.7365","url":null,"abstract":"One of the most issues debated in the social capital literature is the unconditional cash transfer effect on social capital, especially regarding the potential of unmeasured targeted mechanisms at the community level about social relations. This article aims to identify the determinant of social capital in the form of household participation in social activities and the impact of unconditional cash transfers (BLT) on participation in social activities in Indonesia by using differences-differences approach (DID). The results showed that the most influential factor on household participation in social activities is the education level of the head of the household and the members of the productive age group. Meanwhile, unconditional cash transfers policy has a positive effect on the rotating saving and credit association. Thus, participation in social activities undertaken by the community undoubtedly has an important element in the success of government programs. DOI: 10.15408/sjie.v7i2.7365","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"7 1","pages":"185-200"},"PeriodicalIF":0.0,"publicationDate":"2018-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43948246","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}