Jurnal Ekonomi Studi Pembangunan最新文献_第3页

The Determinants of Islamic Banks’ Non-Performing Financing in the Small-Medium Enterprises (SMEs) Sector 伊斯兰银行在中小企业部门不良融资的决定因素

Jurnal Ekonomi Studi Pembangunan Pub Date : 2022-10-27 DOI: 10.18196/jesp.v23i2.15562

Faaza Fakhrunnas, Lak lak Nazhat El Hasanah

{"title":"The Determinants of Islamic Banks’ Non-Performing Financing in the Small-Medium Enterprises (SMEs) Sector","authors":"Faaza Fakhrunnas, Lak lak Nazhat El Hasanah","doi":"10.18196/jesp.v23i2.15562","DOIUrl":"https://doi.org/10.18196/jesp.v23i2.15562","url":null,"abstract":"The performance of Islamic banks in financing activities is determined by many factors, including macroeconomic variables and internal factors, such as the financial performance of the bank. The study investigates the determinant of non-performing financing (NPF) of Islamic banks in Indonesia, particularly in Small-Medium Enterprises (SMEs) sector. Adopting the panel data analysis, the data comprise 33 provinces in Indonesia starting from 2016m1 to 2021m07, equal to a 2211 observation period. The study reveals that the size of the bank’s asset and financing to deposit ratio (FDR) of Islamic banks has a significant relationship to NPF value in SMEs sector, and the impact remains unchanged in the period before and during the COVID-19 pandemic. From the regional viewpoint, the size of the bank’s assets also has a significant influence on NPF in the provinces located in Java but not outside of Java. As a policy implication, the study suggests that the size of a bank’s assets must be enhanced with prudent risk management in financing activities in the SME sector. Surely, the policy can be implemented in a top-down approach through government and financial authority; then it also can be applied bottom-up approach through the bank’s business activities. Finally, as the limitation of the research, the study only utilizes limited variables and uses a single-country analysis which can be improved and extended for future study.","PeriodicalId":34150,"journal":{"name":"Jurnal Ekonomi Studi Pembangunan","volume":"48 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-10-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72541512","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

How Important is Environmentally Sustainable Tourism? Evidence in Indonesia from 1974-2018 Using NARDL Cointegration 环境可持续旅游有多重要?1974-2018年印度尼西亚的证据:使用NARDL协整

Jurnal Ekonomi Studi Pembangunan Pub Date : 2022-10-27 DOI: 10.18196/jesp.v23i2.15238

Nadya Setiawati, Eksa Pamungkas

{"title":"How Important is Environmentally Sustainable Tourism? Evidence in Indonesia from 1974-2018 Using NARDL Cointegration","authors":"Nadya Setiawati, Eksa Pamungkas","doi":"10.18196/jesp.v23i2.15238","DOIUrl":"https://doi.org/10.18196/jesp.v23i2.15238","url":null,"abstract":"Tourism is one of the most important sectors of the Indonesian economy because it is one of the mainstay sectors in obtaining foreign exchange, which is expected to increase economic growth. However, along with its positive impact on economic growth, the expansion of the tourism industry is also a significant contribution to rising CO2 emissions and energy consumption. This study focuses on assessing the impact of the tourism sector as proxied by the number of international tourist visits on GDP per capita and the environment as seen from CO2 emissions and total energy consumption. This study uses data covering 44 years (1974 - 2018). The Nonlinear Autoregressive Distributed Lag (NARDL) method was used in this study. The results indicate that an increase in total foreign tourist arrivals has a positive impact on real GDP per capita and total energy consumption in the short term, whereas a decrease has a beneficial effect on reducing real GDP per capita, CO2 emissions, and total energy consumption. In the long term, an increase in total international tourist arrivals is known to have a positive effect on increasing real GDP per capita, CO2 emissions, and total energy consumption; then, the decrease has a positive effect on reducing real GDP per capita and CO2 emissions. The result of this study demonstrates that an increase in total international tourist arrivals has a positive effect on short- and long-term impact on real GDP per capita and total energy consumption. There are several policy implications as a consideration of the results of this study, such as the use of carbon-neutral transportation and hybrid energy as well as tax breaks or low-cost financing opportunities to purchase and install green technology.","PeriodicalId":34150,"journal":{"name":"Jurnal Ekonomi Studi Pembangunan","volume":"27 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-10-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84914760","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: 1

Does Monetary Policy Respond to Macroeconomic Shocks? Evidence from Indonesia 货币政策能应对宏观经济冲击吗?来自印度尼西亚的证据

Jurnal Ekonomi Studi Pembangunan Pub Date : 2022-10-20 DOI: 10.18196/jesp.v23i2.14881

Arintoko Arintoko, Nunik Kadarwati

{"title":"Does Monetary Policy Respond to Macroeconomic Shocks? Evidence from Indonesia","authors":"Arintoko Arintoko, Nunik Kadarwati","doi":"10.18196/jesp.v23i2.14881","DOIUrl":"https://doi.org/10.18196/jesp.v23i2.14881","url":null,"abstract":"The activist policy is believed by policymakers and economists that monetary policy can respond to macroeconomic shocks to stabilize the economy. This study aims to find evidence and discuss the response of monetary policy to macroeconomic shocks. For this reason, the effects of GDP shocks, inflation shocks, and exchange rate shocks on policy interest rates in the implementation of monetary policy are discussed through vector error correction model (VECM) analysis along with policy interest rate responses involving the long-run relationships. The study period 2001Q1 – 2020Q1 is used as the policy implementation period using the policy interest rate. The results of the analysis show that based on the magnitude of the impact and its contribution, inflation shock and exchange rate shock are the most important macroeconomic variable shocks in influencing the monetary policy stance in Indonesia. Inflation shocks and exchange rate shocks need to be a priority focus for monetary policymakers in an economic environment where uncertainty is increasing and rapidly changing. In addition to the interests of the domestic economy, monetary policy also needs to remain focused on considering and adapting to increasingly dynamic global economic and financial developments.","PeriodicalId":34150,"journal":{"name":"Jurnal Ekonomi Studi Pembangunan","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-10-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90894553","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: 1

Economic Growth, Human Capital, Public Investment, and Poverty in Underdeveloped Regions in Indonesia 印尼欠发达地区的经济增长、人力资本、公共投资与贫困

Jurnal Ekonomi Studi Pembangunan Pub Date : 2022-10-20 DOI: 10.18196/jesp.v23i2.15307

Taosige Wau

{"title":"Economic Growth, Human Capital, Public Investment, and Poverty in Underdeveloped Regions in Indonesia","authors":"Taosige Wau","doi":"10.18196/jesp.v23i2.15307","DOIUrl":"https://doi.org/10.18196/jesp.v23i2.15307","url":null,"abstract":"Poverty is a worldwide issue since its effects are widespread. In Indonesia, most pockets of poverty are found in rural or underdeveloped areas. This research is essential as a reference for addressing the issue of poverty in Indonesia's undeveloped regions, as few studies have analyzed the causes of poverty in underdeveloped regions. This study analyses the impact of economic growth, human capital, and public investment on the alleviation of poverty in Indonesia’s undeveloped regions. This study employs panel data from 62 underprivileged regions in Indonesia according to Presidential Decree No. 63 of 2020 with an observation period of 2010-2020. The analytical method used is the ECM panel model. The unit root test indicates that the research data is steady and cointegrated at the first level of differentiation. This study demonstrates that economic growth does not have a substantial influence on poverty levels in underdeveloped areas of Indonesia, although human capital and public investment do, both in the short and long term. Human capital contributes more to reducing poverty in disadvantaged areas, but state investment increases the number of poor in Indonesia's underdeveloped regions.","PeriodicalId":34150,"journal":{"name":"Jurnal Ekonomi Studi Pembangunan","volume":"555 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-10-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77591917","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: 2

The Effect of Monetary Instrument of Islamic Banking Financing Channel Towards The Economic Growth in Indonesia 印尼伊斯兰银行融资渠道货币工具对经济增长的影响

Jurnal Ekonomi Studi Pembangunan Pub Date : 2022-04-30 DOI: 10.18196/jesp.v23i1.13198

Sobar M. Johari, W. Wong, Ida Putri Anjasari, Nguyen Tran Thai Ha, Trinh Thi Huyen Thuong

{"title":"The Effect of Monetary Instrument of Islamic Banking Financing Channel Towards The Economic Growth in Indonesia","authors":"Sobar M. Johari, W. Wong, Ida Putri Anjasari, Nguyen Tran Thai Ha, Trinh Thi Huyen Thuong","doi":"10.18196/jesp.v23i1.13198","DOIUrl":"https://doi.org/10.18196/jesp.v23i1.13198","url":null,"abstract":"Monetary policy is closely related to activities to achieve economic growth, which eventually gives welfare to the community. This study aims to analyze the description of the transmission flow of financing channels, the effect of monetary policy instruments, and their effectiveness to achieve economic growth. The variables used are Islamic Banking Finance (FIN), return of Sharia Bank Indonesia Certificate (SBIS), return of PUAS, and Industrial Production Index (IPI). This study used Vector Error Correction Model (VECM) to determine short- and long-term relationships using the time series data. First, the result of the study showed that the transmission flow could not be identified clearly, because the flow stopped in FIN, and it could not affect IPI, according to the Granger Causality test. Second, the result of VECM estimation showed that all variables only affected long term period and did not affect the short-term period. Third, monetary policy transmission of Islamic banking financing channel was not effective enough, which was proven with the result of IRF simulation, which showed that the effect of shock on financing channel variable (FIN) towards IPI was subsided and stable in the 10th period later. Meanwhile, the result of the FEVD simulation showed that the financing channel variable (FIN) only gave a contribution of as much as 0.14 percent towards IPI. The contribution and policy implications are also discussed in this study.","PeriodicalId":34150,"journal":{"name":"Jurnal Ekonomi Studi Pembangunan","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89155251","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: 2

Regional Energy Master Plan based on Low Emission Scenarios: Case Study of Central Java Province, Indonesia 基于低排放情景的区域能源总体规划:以印度尼西亚中爪哇省为例

Jurnal Ekonomi Studi Pembangunan Pub Date : 2022-04-30 DOI: 10.18196/jesp.v23i1.14070

Lilies Setiartiti

{"title":"Regional Energy Master Plan based on Low Emission Scenarios: Case Study of Central Java Province, Indonesia","authors":"Lilies Setiartiti","doi":"10.18196/jesp.v23i1.14070","DOIUrl":"https://doi.org/10.18196/jesp.v23i1.14070","url":null,"abstract":"The current energy crisis momentum is the right time to redesign energy policy; otherwise, the energy deficit will continue and influence economic activities. For this reason, this research took Central Java Province as a case study. This research aims to estimate energy demand, the dominance of energy use, and energy efficiency. In this study, energy demand was modeled by sector using the intensity approach to calculate the energy used per activity unit. Low Emissions Analysis Platform (LEAP) model was then utilized to figure out future trends in energy demand and energy structure from 2015 to 2030 under different scenarios, including Business as Usual (BAU), Moderate (MOD), and Optimistic (OPT) scenarios. The results uncovered that energy demand in Central Java has grown by 5.6% per year, and the overall final energy demand is 1,683,091.24 thousand BOE. In this case, the transportation and household sectors are the largest and second-largest consumers, while premium and electricity are the dominant components in this province. In addition, efficiency energy could be achieved in 2021 and 2017, respectively, under the MOD and OPT scenarios. From the utilization of renewable energy, Central Java also contributes 1.17% to the utilization of renewable energy nationally. Overall, this research provides important insights and highlights possible steps for policymakers in developing energy efficiency policies.","PeriodicalId":34150,"journal":{"name":"Jurnal Ekonomi Studi Pembangunan","volume":"26 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75052379","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 Role of Technology Information on Financial Literacy in Indonesia 技术信息对印尼金融素养的作用

Jurnal Ekonomi Studi Pembangunan Pub Date : 2022-04-28 DOI: 10.18196/jesp.v23i1.14148

Muhammad Rizkan, Romi Bhakti Hartarto, Supiandi Supiandi, Chieh-Tse Hou

引用次数: 0

The Analysis of Inclusive Green Growth In Indonesia 印尼包容性绿色增长分析

Jurnal Ekonomi Studi Pembangunan Pub Date : 2022-04-27 DOI: 10.18196/jesp.v23i1.13811

Jaka Aminata, Dzulfikar Ilham Kusuma Nusantara, I. Susilowati

{"title":"The Analysis of Inclusive Green Growth In Indonesia","authors":"Jaka Aminata, Dzulfikar Ilham Kusuma Nusantara, I. Susilowati","doi":"10.18196/jesp.v23i1.13811","DOIUrl":"https://doi.org/10.18196/jesp.v23i1.13811","url":null,"abstract":"The concept of economic growth that has increased social welfare needs to be expanded in terms of its meaning and benchmarks. It focuses not only on economic activities but also on how they impact all of society in the present and the future. This study aims to analyze Indonesia’s inclusive green growth in 2015 and 2019. The method used to obtain the analysis is the Inclusive Green Growth Index (IGGI), conducted by Asian Development Bank (ADB). IGGI is a composite index consisting of three pillars: economic growth, social equity, and environmental sustainability. The study showed that Indonesia’s inclusive green growth was getting better where its average score in 2015 was 3.21, increasing to 3.36 in 2019. However, the improvement is not ideal yet because its mainly influenced by the economic growth pillar. In contrast, the average score of the environmental sustainability pillar declined from 4.19 in 2015 to 4.00 in 2019, accompanied by the decreasing social equity pillar score in 15 out of 34 provinces. All Efforts to achieve a better-balanced IGGI are improving and maintaining environmental quality, improving access to economic and political activities, improving public service and infrastructure in various provinces, and increasing superior and potential sectors to pursue economic disparity inter-provincial.","PeriodicalId":34150,"journal":{"name":"Jurnal Ekonomi Studi Pembangunan","volume":"140 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-04-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74715372","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: 3

The Impact of Economic Growth and Trade Openness on Environmental Degradation: Evidence from A Panel of ASEAN Countries 经济增长和贸易开放对环境退化的影响:来自东盟国家小组的证据

Jurnal Ekonomi Studi Pembangunan Pub Date : 2022-04-22 DOI: 10.18196/jesp.v23i1.13881

I. Q. A’yun, U. Khasanah

引用次数: 4

Determining Competitiveness of Indonesian Export Commodities using Revealed Comparative Analysis 运用揭示比较分析法确定印尼出口商品的竞争力

Jurnal Ekonomi Studi Pembangunan Pub Date : 2022-04-21 DOI: 10.18196/jesp.v23i1.13557

Suparmono Suparmono, Edi Suandana, Fauzan Ilmas

{"title":"Determining Competitiveness of Indonesian Export Commodities using Revealed Comparative Analysis","authors":"Suparmono Suparmono, Edi Suandana, Fauzan Ilmas","doi":"10.18196/jesp.v23i1.13557","DOIUrl":"https://doi.org/10.18196/jesp.v23i1.13557","url":null,"abstract":"This article aims to analyze Indonesian products’ competitiveness in the global market using the static revealed comparative advantage (SRCA) and the dynamic revealed comparative advantage (DRCA). DRCA is considered superior to RCA because it takes into account the time element. The current research combines DRCA and RCA to provide an analytical comparison. The data were collected from the International Trade Centre, classified according to the Harmonized System (HS) from 2013 to 2019. Using SRCA, Indonesia’s tin and articles’ competitiveness only contributes 0.95% of Indonesia's total exports. The most significant shares of exports are mineral fuels, mineral oils, and their distillation products; bituminous substances; animal or vegetable fats and oils, and their cleavage products; and prepared edible fats. Using DRCA, Indonesia’s most significant exports in the rising star category are natural rubber and its derivatives; cars and other motorized vehicles; fatty acids and their derivatives; lignite; unforged lead; ferroalloys; wires and cables; refined copper; petroleum and minerals; and margarine and its derivatives. These products showed positive growth higher than the global average, which means Indonesia is competitive in exporting these products. Thus, the government could prioritize these products for export.","PeriodicalId":34150,"journal":{"name":"Jurnal Ekonomi Studi Pembangunan","volume":"180 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89835915","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: 2