E. Widarni, Budi Sasongko, Suryaning Bawono, M. Murniati
{"title":"SALT BUSINESS GROWTH IN INDONESIA CASE: 4 DISTRICTS IN INDONESIA","authors":"E. Widarni, Budi Sasongko, Suryaning Bawono, M. Murniati","doi":"10.21776/ub.jiae.2020.008.01.6","DOIUrl":"https://doi.org/10.21776/ub.jiae.2020.008.01.6","url":null,"abstract":"This paper aims to measure and forecast salt price based on cost and price rationality. The research employed quantitative method with Ordinary Least Square Model for measuring the rationality of salt and ordinary least square for forecasting salt cost and price in order to describe salt cost and price behaviour. Although the demand for salt increases every year, the abundant and cheap raw materials as well as the growth of the domestic production of salt business do not correlate positively with the growth of demand. We focus on measuring and forecasting price rationality as a proxy for the salt business prospects in Indonesia. We found that salt price formed at the time of the study was higher than the normal one. This is contrary to the motive theory of entrepreneurs, making the salt business in Indonesia remain a mystery.","PeriodicalId":31557,"journal":{"name":"Journal of Indonesian Applied Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48966396","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}
{"title":"DETERMINANTS OF BANKING CAPITAL BUFFER IN INDONESIA","authors":"Nurhikmah Fauziah, Farah Wulandari","doi":"10.21776/ub.jiae.2020.008.01.3","DOIUrl":"https://doi.org/10.21776/ub.jiae.2020.008.01.3","url":null,"abstract":"Banks as intermediary institutions that play an important role in the economy are required to be in a healthy state since the bank conditions reflect macroeconomic conditions. To achieve the goal of financial system stability, the banking regulator issued Basel regulations. The regulation contains provisions for banks to provide a capital buffer as an effort to strengthen bank capital from risks that may arise. The purpose of this research is to find out what factors affect the bank's capital buffer with the object of research on conventional commercial banks in Indonesia from 2010 to 2019. The method used in this research is panel data regression with independent variables, i.e. GDPG, SIZE, ROE, LOTA, NPL, BIRATE, LDR, and BOPO, as well as the dependent variable capital buffer. The results showed that all the dependent variables used had a significant effect both simultaneously and partially on the capital buffer.","PeriodicalId":31557,"journal":{"name":"Journal of Indonesian Applied Economics","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43014576","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}
{"title":"EVALUATION OF GREEN GDP MEASUREMENT IN INDONESIA USING GREY SYSTEM APPROACH","authors":"Andistya Oktaning Listra, Ferry Prasetyia","doi":"10.21776/ub.jiae.2020.008.01.4","DOIUrl":"https://doi.org/10.21776/ub.jiae.2020.008.01.4","url":null,"abstract":"The objective of the research was to apply Grey System Theory Type GM (1,1) on the forecast and evaluation of Indonesia’s Green GDP accounting which mainly deals with systems that have limited data and asymmetric information. The data used in this research is secondary data obtained from Sucofindo. The result of Grey System Theory Type GM (1,1) show that the Mean Percentage Error (MPE) and mean absolute percentage error (MAPE) value which showed bias conditions and lack of accuracy. This result show that the status of natural resources and environmental condition in Indonesia which considered from its result still present the weakness of Indonesia’s Green GDP accounting. From that consideration, the reconstruction of Indonesia’s Green GDP accounting are needed by increasing of green economy efforts and policies","PeriodicalId":31557,"journal":{"name":"Journal of Indonesian Applied Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46585256","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}
{"title":"ANALYSIS OF FINANCIAL PERFORMANCE AFFECTING MARKET SHARE OF SHARIA BANKING IN INDONESIA","authors":"Amalia Nasuha","doi":"10.21776/ub.jiae.2020.008.01.5","DOIUrl":"https://doi.org/10.21776/ub.jiae.2020.008.01.5","url":null,"abstract":"The trapped market share faced by sharia banking raises questions because the regulator's target is not achieved in projecting the market share. This study examines the effects of financial performance which includes the ROA, FDR, BOPO, NPF, and Conventional Commercial Bank Loans against the Sharia Banking market share in Indonesia. The data used are 108 monthly data from 2010 to 2018. The data was obtained from the publication of the Financial Services Authority of Islamic Banking Statistics and Indonesian Banking Statistics","PeriodicalId":31557,"journal":{"name":"Journal of Indonesian Applied Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46585960","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}
{"title":"THE ANALYSIS OF ECONOMY POTENTIAL AND BASE SECTOR OF SEVEN PROVINCES IN SUMATERA","authors":"Ukhti Ciptawaty, N. Aida, Ahmad Dhea Pratama","doi":"10.21776/ub.jiae.2020.008.01.2","DOIUrl":"https://doi.org/10.21776/ub.jiae.2020.008.01.2","url":null,"abstract":"This study aims to calculate the relative ratio of the value added contribution of a sector in Sumatra region to the value added contribution of the sector concerned on a provincial or national scale growth patterns in South-Sumateran distinct groups of regions across Sumatera Island from 2014 until 2019. The analysis follows the two steps of quantitative analysis tools; Location Quotation (LQ) and Klassen Tipology.The LQ analysis will show of quantifying how concentrated a particular source of income, geographic, and the demographic group is in a region as compared to the nation. It can reveal what makes a particular region “unique” in comparison to the national average. The results showed that the GDRP business sector which has high potential value and high added value significantly spurs economic growth. This article ends with several policy recommendations for lagging regions. The recommendation and analysis will help to organize the economic growth of each province in a structured manner based on its sector potential.","PeriodicalId":31557,"journal":{"name":"Journal of Indonesian Applied Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44986376","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}
{"title":"INVESTIGATING INDONESIA’S ENERGY TRADE EFFICIENCY: GRAVITY AND MALMQUIST INDEX APPROACH","authors":"D. Candrasari, Putu Mahardika Adi Saputra","doi":"10.21776/ub.jiae.2017.007.02.7","DOIUrl":"https://doi.org/10.21776/ub.jiae.2017.007.02.7","url":null,"abstract":"This study applies Gravity and Malmquist index approach to investigate energy trade efficiency between Indonesia and East Asia Countries (i.e. Japan, South Korea, and China). Gravity model is employed to identify the inputs that will be used in computing the energy trade efficiency; meanwhile, Malmquist index approach to identify the energy trade efficiency by taking data from 2000-2015. One of the findings shows that the considered inputs that will be utilised are the population of importer countries, Indonesian population, relative distance, and ratio of added value of industry sector towards GDP. In addition, the energy trade efficiency between Indonesia and East Asia countries from 2000 to 2015 was composed by technical change or technical/potential change. China averagely had the highest efficiency and showed improvement like South Korea did. Japan showed, on the other hand, deterioration","PeriodicalId":31557,"journal":{"name":"Journal of Indonesian Applied Economics","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2017-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68322783","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}
{"title":"UNDERSTANDING BEHAVIOR IN THE SELECTION OF ZAKAT METHODS: AN ANALYSIS OF MUZAKKI IN MALANG CITY, INDONESIA","authors":"M. Ekawaty","doi":"10.21776/ub.jiae.2017.007.02.1","DOIUrl":"https://doi.org/10.21776/ub.jiae.2017.007.02.1","url":null,"abstract":"This paper analyzed the behavior of muzakki (zakat contributor) in Indonesia in selecting zakat methods. In the Prophet and Khulafa 'al-Rasyhidin era, muzakki paid zakat to zakat officer either for apparent or non-apparent property. However, in Uthman b. Affan era, it was different. The question is how muzakki in Indonesia pay zakat for their property? Using descriptive statistics, Pearson Chi Square and Contingency Coefficient test, the main findings reveal that zakat is paid through three methods – directly to mustahiq, through zakat institution and combination of both methods. Muzakki prefer mosque than formal zakat institutions, Badan Amil Zakat (BAZ) and Lembaga Amil Zakat (LAZ). The methods selection to pay zakat is significantly associated with monthly income, education and age. Zakat payment through BAZ and LAZ is mostly carried out by muzakki who have high monthly income, high level of education, and at young age.","PeriodicalId":31557,"journal":{"name":"Journal of Indonesian Applied Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2017-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43219922","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}
{"title":"CAPITAL FLIGHT FROM NIGERIA: AN EMPIRICAL ANALYSIS","authors":"Musibau Hammed Oluwaseyi","doi":"10.21776/ub.jiae.2017.007.02.2","DOIUrl":"https://doi.org/10.21776/ub.jiae.2017.007.02.2","url":null,"abstract":"The capital flight from Nigeria has become a trending macroeconomic issue within the country. This is as a result of its implications on economic growth due to the fall in investment as a result of scarce capital created by persistent capital flight. On estimates, Nigeria losses $22 billion to capital flight annually as a result of bad economic system alone; hence, the study analyzes the impacts of capital flight on Nigeria’s economic growth. The investment of portfolio theory is adopted in the study. This posits that an investor considers the real returns from investment in the determination of the detainment of wealth, or otherwise, in a country. Thus, the real interest rates differential has been identified as a main determinant of capital flight in an economy. This study employs the vector error correction mechanism (VECM) and granger causality test to analyze the causality between capital flight, interest rates differential, political instability and economic growth; using available data between 1980 and 2014. The results show that current year of capital flight is influenced by its previous year values, and there is a negative relationship between capital flight and Nigeria’s economic growth. Similarly, the results depict that a positive (and significant) relationship exists between capital flight and interest rates differential, explaining that the higher risk-adjusted returns abroad influence domestic capital flight. Also, there is unidirectional causality running from economic growth to capital flight; while there is independence among other variables.","PeriodicalId":31557,"journal":{"name":"Journal of Indonesian Applied Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2017-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42878704","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}
{"title":"THE MAPPING OF ECONOMICS POTENCY AND REGIONAL INDEPENDENCY IN JAVA ISLAND DURING THE FISCAL DESENTRALIZATION ERA","authors":"Joko Tri Haryanto","doi":"10.21776/ub.jiae.2017.007.02.6","DOIUrl":"https://doi.org/10.21776/ub.jiae.2017.007.02.6","url":null,"abstract":"Decentralized reform era implemented in since 1 January 2001. Decentralization tries to increase the improvement of public services. Based on the statistics data, Java recorded a major contributor to national GDP growth with many challenge on poverty and inequality. Using the share and growth analysis as well as quadrant method, this research tries to provide mapping economy potency and regional independency in Java Island. From the share analysis, it still dominated by provincial government, which the biggest is DKI Jakarta Province. From the smallest share, Gunung Kidul Regency is the weakest independency. Based on growth analysis, Jepara Regency, Tangerang, Ngawi, Mojokerto and Tangsel City became the largest. From the quadrant method, 15 regions are in quadrant I, about 19, other areas are in quadrant II and 37 areas are in quadrant III. The largest part of the Java could classify in quadrant IV. According on these findings, central government must produce several policies to speed up the development regions particularly on all regional in quadrant IV","PeriodicalId":31557,"journal":{"name":"Journal of Indonesian Applied Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2017-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47676639","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}
{"title":"DETERMINATION OF SIFIs (SYSTEMATICALLY IMPORTANT FINANCIAL INSTITUTIONS) AMONG INDONESIAN BANKS USING NETWORK ANALYSIS APPROACH","authors":"Anggayasti Hayu Anindita, Zaafri Ananto Husodo","doi":"10.21776/ub.jiae.2017.007.02.3","DOIUrl":"https://doi.org/10.21776/ub.jiae.2017.007.02.3","url":null,"abstract":"This study aims to measuring systemic risks using network analysis method to obtain the SIFI rating of Indonesian banks. The author analyzes the systemic risk implied in the Indonesian interbank network during the period from 2011 through 2015 based on various network measures such degree centrality and betweenness centrality. The main findings are as follows: First, interconnectedness in the interbank market is increasing. However, a different condition was significantly found in 2013, where the interconnectedness in the interbank market went downwards compared to the previous year. Second, the degree centrality score showed that government-owned and national private banks tend to be in-degree while foreign private banks tend to be out-degree. Third, there was no bank that consistently continued to have a high betweenness centrality score during the study period.","PeriodicalId":31557,"journal":{"name":"Journal of Indonesian Applied Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2017-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49453244","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}