Agus Tri Basuki, Y. Purwaningsih, A. M. Soesilo, M. Mulyanto
{"title":"The Effect of Fiscal Policy and Foreign Direct Investment on Regional Economy in Indonesia","authors":"Agus Tri Basuki, Y. Purwaningsih, A. M. Soesilo, M. Mulyanto","doi":"10.18196/jesp.21.1.5031","DOIUrl":"https://doi.org/10.18196/jesp.21.1.5031","url":null,"abstract":"The purpose of this study was to analyze the influence of the poor population, government spending and foreign investment on regional economic growth in 20 provinces and divided into 2 regions, then compare the effectiveness of fiscal policies in the 2 regions. The paper utilizes the fixed‐effects and random‐effects techniques to estimate the panel regressions. The results showed that the right fiscal policy could increase economic growth in both the western and eastern regions of Indonesia. For the western region, revenue sharing is less effective than the eastern region in increasing economic growth, but conversely government spending on education, health and marine in the western region is more effective than the eastern region in increasing economic growth.","PeriodicalId":34150,"journal":{"name":"Jurnal Ekonomi Studi Pembangunan","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48426192","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":"External Debt, Exchange Rate, and Unemployment in Selected ASEAN Countries","authors":"M. Cahyadin, Lely Ratwianingsih","doi":"10.18196/jesp.21.1.5029","DOIUrl":"https://doi.org/10.18196/jesp.21.1.5029","url":null,"abstract":"This research examines the empirical model of external debt, exchange rate, and unemployment in selected ASEAN Countries during 1980-2017. The countries included Indonesia, Malaysia, Thailand and the Philippines. The data were collected from the World Bank publications. The ARDL-ECM and Granger Causality Test (GCT) were employed to address the research objectives. The findings indicated that there were short-term effects on each empirical model (external debt, exchange rate, and unemployment). Furthermore, the stability test exhibited that the models were precise and stable. The GCT result showed that there was a causal between external debt, exchange rate, and unemployment, especially in Indonesia. Moreover, the linkages between external debt, exchange rate, and unemployment in selected ASEAN Countries were co-movement. Therefore, the governments are expected to emphasis on macroeconomic policies, such as pro-stability of the exchange rate, external debt risk management, and pro-poor.","PeriodicalId":34150,"journal":{"name":"Jurnal Ekonomi Studi Pembangunan","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43010036","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":"MEASURING CONTAGION RISK ON BANKING SYSTEM IN THE DIGITAL ERA","authors":"M. Musdholifah, U. Hartono, Yulita Wulandari","doi":"10.18196/jesp.20.2.5025","DOIUrl":"https://doi.org/10.18196/jesp.20.2.5025","url":null,"abstract":"As an essential institution to the practice of national payment flow, banks always confront with various risk exposures inherent in them. An interbank interactions through interbank money market might yield higher systemic risks that can lead to a default. This study aims at determining the contagion effects towards Indonesian banks. This study used 18 bank samples who provided annual reports from 2007 to 2016. The measurement of the systemic risks was performed by using financial contagion risk index and was tested using Vector Autoregression method. Results show that there was a one-way causality pattern between banks as the research samples, covering BCA with Bank Mayapada, Bank Maybank, Bank Mega, and Bank Resona Perdania and also Bank CIMB Niaga with BCA, BRI, BNI, BTN, Commonwealth Bank, J-Trust Bank, Bank KEB Hana, Bank Mega, and Bank Permata. Meanwhile, two-way causality occurs between Bank BCA and Bank Mandiri and vice versa. In addition, the impact of the risk pressure of a bank is not always positive, however, it is also negative in some cases, which means that the bank can take advantage of the shocked conditions experienced by other banks","PeriodicalId":34150,"journal":{"name":"Jurnal Ekonomi Studi Pembangunan","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45613073","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 FISHERIES SUBSIDIES IN INDONESIA AND CHINA","authors":"B. Wicaksono","doi":"10.18196/jesp.20.2.5023","DOIUrl":"https://doi.org/10.18196/jesp.20.2.5023","url":null,"abstract":"The World Trade Organization (WTO) considers sustainable economic development. One of the regulations arranged is the unfair trade that several activities will be eliminated in the future, including the fisheries subsidies. The objectives of this research are (1) understanding the general descriptions about fisheries subsidies in Indonesia and China; (2) how large the impacts of fisheries subsidies that are linked with the policies; and (3) the opinion whether the fisheries subsidies must be stopped or not. This research use the literature studies from several sources and the supplementary data are also included to strengthen this study. Based on the result and discussion, the fuel subsidies are the largest fisheries subsidies in both Indonesia and China. Although the fuel subsidies are harmful and burden the government budget, the policy of subsidies is still needed, especially in the developing countries, including Indonesia. Those subsidies contribute the positive effects to the fisheries sector performance. On the other hand, eliminating fisheries subsidies, particularly the fuel subsidies, is expected to provide the negative impacts. For the policy, the government regulates the programs in the fisheries sector. There are two feasible schemes in the fisheries market in case talking about the fisheries subsidies with the aim of a trade policy tool and sustainability. The author does not agree if the fisheries subsidies stopped. The government must evaluate the subsidy policies that can be connected with the fisheries sector performance indicators and must still prepare state budget for fisheries subsidies, especially subsidies for small-scale household, such as fishers. The fisheries subsidies should be continued with applied terms and conditions, so the subsidies will be used wisely by the fisheries business actors and will be appropriately monitored by the government","PeriodicalId":34150,"journal":{"name":"Jurnal Ekonomi Studi Pembangunan","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49561434","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":"FACTOR ANALYSIS OF COAL MINING INDUSTRY IN AIR SEBAYUR VILLAGE","authors":"D. Dewanti, Rizki Novitasari","doi":"10.18196/jesp.20.2.5027","DOIUrl":"https://doi.org/10.18196/jesp.20.2.5027","url":null,"abstract":"This research aims to analyze the economic impact of environment to Air Sebayur communities on coal mining industry. This paper is use primary data, consist of 100 respondents as the communities of Air Sebayur village, who lived in the edge of the road to coal mining industry. The data collection applied the non-probability sampling methods which is purposive sampling based on the location of the house. Factor analysis applied as to achieve the aim of this research. Through factor analysis, this paper could define the economic impacts on the environment caused by the mining coal activities. This paper discovers two (2) main factors which formed by 5 significant variables. The main factors are environments factors and health factors. Environments factors consists of variables on compensating cost by the dust, frequency of sweeping the floor and the frequency of sweeping on balcony. Health factors define into variables of health cost and the type of illness of communities who lived in the edge of the road to coal mining industry.","PeriodicalId":34150,"journal":{"name":"Jurnal Ekonomi Studi Pembangunan","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48445387","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}
H. Jati, S. Darsono, Dedy Hermawan, W. Yudhi, Ferry Fadzlul Rahman
{"title":"AWARENESS AND KNOWLEDGE ASSESSMENT OF SUSTAINABLE DEVELOPMENT GOALS AMONG UNIVERSITY STUDENTS","authors":"H. Jati, S. Darsono, Dedy Hermawan, W. Yudhi, Ferry Fadzlul Rahman","doi":"10.18196/jesp.20.2.5022","DOIUrl":"https://doi.org/10.18196/jesp.20.2.5022","url":null,"abstract":"The Sustainable Development Goals (SDGs) are built on the successes of the Millennium Development Goals (MDGs), which consists of 17 goals as a universal call to action to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity. The assessment of people’s awareness and knowledge on SDGs is of paramount importance to support any subsequent actions. The awareness of SDGs is higher compared to the previous agenda MDGs only in particular emerging countries; hence, it requires better progress after more than three years of its establishment. University students, as the agent of changes, are supposed to have a higher level of awareness and knowledge rather than average. When the university students have a better awareness and higher knowledge on SDGs, they can actively contribute to support, promote, and achieve the development goals by making use of their academic background. The objective of this research is to assess the level of awareness and knowledge on Sustainable Development Goals (SDGs) among university students in Universitas Muhammadiyah Yogyakarta, Indonesia. Data for this research are collected by field Survey and Questionnaire. This research analyzes data by using descriptive statistics and Chi-Square. The results show 89.5% of students are aware and 62.5% of students have high knowledge about SDGs. We found that students’ knowledge is only affected by the accessibility of information and students’ awareness is related to not only accessibility of information but also gender. Both awareness and knowledge are not affected by students’ participation in the organization.","PeriodicalId":34150,"journal":{"name":"Jurnal Ekonomi Studi Pembangunan","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48374334","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":"RAMADHAN, EID UL FITR, AND INFLATION: LESSON FROM INDONESIAN SUBNATIONAL DATA","authors":"Samsubar Saleh, D. Wardani, Madha Adi Ivantri","doi":"10.18196/JESP.20.2.5020","DOIUrl":"https://doi.org/10.18196/JESP.20.2.5020","url":null,"abstract":"Inflation has always been being seen as one of the most important macroeconomic variables in modern economies. Every year, media especially in Muslim countries has constantly reported that inflation rates increase during the Islamic holy month of Ramadhan and Eid Ul Fitr. Remarkably, there has been hitherto almost no serious study focusing on the empirical relationship between Ramadhan, Eid Ul Fitr and inflation. This research aims to examine empirically whether Ramadhan and Eid Ul Fitr have a systematic effect on inflation. This research uses regression analysis technique and involves data from 66 local economies in Indonesia between January 2000 and December 2017. The finding of this paper is Ramadhan and Eid Ul Fitr have a positive effect on inflation. The possible reasons for explaining the results is the high of public demand. To overcome inflation in Indonesia not only from the role of government in controlling inflation rate, but also the role of Muslims community in controlling consumption.","PeriodicalId":34150,"journal":{"name":"Jurnal Ekonomi Studi Pembangunan","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49650857","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":"TAX AND ECONOMIC GROWTH IN NIGERIA: AN ARDL APPROACH","authors":"J. T. Nwanakwere","doi":"10.18196/jesp.20.2.5019","DOIUrl":"https://doi.org/10.18196/jesp.20.2.5019","url":null,"abstract":"This study investigates the relationship between tax and economic growth (GDP) using the Auto-Regressive Distributed Lag (ARDL) bound test approach. The study further decomposed tax into company income tax (CIT), petroleum profit tax (PPT), value-added tax (VAT) and excise and custom duties (ECD), then examined the effect of each of them on economic growth. The data for the study were obtained from Federal Inland Revenue Service (FIRS) and Central Bank of Nigeria (CBN) bulletin, spanning from 1981-2014. The ARDL results show no cointegration among the variables. Interestingly, the short run results reveal that total tax is insignificant while the decomposed taxes are significant. Petroleum profit tax and value-added tax have positive relationship with GDP while company income tax and excise and custom duties have negative relationship with GDP. From these findings, the study recommends an effective use of taxation so as to improve the impact of tax on the Nigerian economy. Also, efficient tax regulation should be put in place to mitigate the issue of tax evasion, especially among firms and corporate entities, and improve the contribution of CIT to economic growth.","PeriodicalId":34150,"journal":{"name":"Jurnal Ekonomi Studi Pembangunan","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43012955","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}
Y. Utami, A. Azhari, T. Sawarjuwono, Abu Azam Alhadi
{"title":"SOCIAL FUND AND THE HIERARCHY OF MUHAMMADIYAH ORPHANAGES FINANCIAL INDEPENDENCY","authors":"Y. Utami, A. Azhari, T. Sawarjuwono, Abu Azam Alhadi","doi":"10.18196/jesp.20.2.5024","DOIUrl":"https://doi.org/10.18196/jesp.20.2.5024","url":null,"abstract":"This study aims to analyze the Muhammadiyah social fund and the hierarchy of financial independence of seven its orphanages in the Province of Daerah Istimewa Yogyakarta. This study utilizes primary data which is obtained from interview, questionnaire, document studies, and observations; and analyzed using Analytical Hierarchy Process and SWOT approaches. It finds that the orphanages have the same type of fund resources which collected from the donors, namely, permanent donor (the top priority), incidental, social service and government, permanent business, and seasonal business. Meanwhile, the orphanage funds were allocated to the foster children’s skill improvement, foster children’s tuition fee, orphanages development fund, orphanages activities, kitchen support/daily needs, orphanage’s saving/investment and foster children’s saving/investment. Four of out seven orphanage funds prior allocation went to the foster children’s skill improvement, while the rest, to the orphanage development, foster children’s saving/investment, and orphanage’s saving/investment. It indicates the dependency of the orphanages financial sources toward the donors, or lacks their own investment, despite some are better-off by starting their own-business. These finding could be benefited for the orphanages in managing the social funds for investment and mapping the potential as well as the development of the orphanage financial independence in their future strategies","PeriodicalId":34150,"journal":{"name":"Jurnal Ekonomi Studi Pembangunan","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47795144","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}
Wulan Wiyat Wuri, Prima Andriani, Radikal Yudha Utama
{"title":"DOES SPIRITUALITY GIVE AN IMPACT TO WELL-BEING OF ENTREPRENEUR?","authors":"Wulan Wiyat Wuri, Prima Andriani, Radikal Yudha Utama","doi":"10.18196/jesp.20.2.5026","DOIUrl":"https://doi.org/10.18196/jesp.20.2.5026","url":null,"abstract":"Spirituality directs individuals to be more supportive in various work activities, especially in entrepreneurship context. This study examine the effect of subjective spirituality on entrepreneurs’ well-being by using data from the Indonesian Family Life Survey (IFLS) from 2007 to 2014. We dissect the analysis into three groups that are self-employed, business owner or employer, and employee. The result stated that spirituality does matter only for those who run the business as self-employed in terms of generating income, although they tend to have lower levels of well-being rather than those who run businesses as business owners and those who work as employees within company. We found no significant evidence that spirituality affects the well-being of business owners, on the other hand this group has the highest level of well-being. The contributions of the study are explained further in this paper","PeriodicalId":34150,"journal":{"name":"Jurnal Ekonomi Studi Pembangunan","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49059068","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}