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Journal : Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan

The Capitalization Rate of Real Estate Property in Sleman District, Yogyakarta Province, Indonesia Panji Kusuma Prasetyanto; Hadi Sasana
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 20, No 2 (2019): JEP 2019
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v20i2.6885

Abstract

The objective of this study is to analyze the capitalization rate of luxurious houses in Sleman Regency, and its influential factors. This study will analyze the central tendency (mean) of capitalization rates for all housing areas and for each area. For the second objective, a few factors will be analyzedwhether they are statistically significant in influencing the luxurious house capitalization rates in the study areas. A few factors that will be analyzed are: the assessment of the building, lot size, location, and age of the building. This study uses cross section data only from the prime source through a stratified sampling over 5 areas of luxurious housing complexes in Sleman District: Bale Agung, Bale Hinggil, Pondok Permai Kaliurang, Hyarta and Pesona Merapi. The empirical result of this analysis shows that the mean value of the capitalization rate of luxurious houses in the study areas is. From the result of the regression analysis, it can be known which variables or factorsare statistically significant in influencing the capitalization rate of the luxurious houses in the study areas. The result shows us that the assessment of the building, lot size, location, and the age of the building are statistically significant in influencing the capitalization rates of luxurious houses in the study areas.
The Determinants of Level of Society Welfare Within Fiscal Decentralization Framework In Regional Autonomy Era Nuwun Priyono; Siti Arifah; Eva Wulandari; Panji Kusuma Prasetyanto
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 21, No 2 (2020): JEP 2020
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v21i2.10545

Abstract

The purpose of this study is to prove to what extent the influence that fiscal decentralization, local financial performance, local government expenditure, Locally Generated Recurring Revenues or Pendapatan Asli Daerah (PAD), Profit-Sharing Fund or Dana Bagi Hasil (DBH), General Allocation Fund or Dana Alokasi Umum (DAU), and Special Allocation Fund or Dana Alokasi Khusus (DAK) have on the level of society welfare. The objects of this research are Regencies and Municipalities in Java Island. The data used in this study are the secondary. The data on balance sheet and realization report of the regional revenues and expenditure budget (APBD) are from the Ministry of Finance of the Republic of Indonesia. The data on the level of society welfare that is proxyed by the value of HDI is obtained from Bappenas and BPS of Central Java. This research uses time series data from 2012-2014 periods. The research method used is the research of causality with linear regression model. The result of the significance test shows that only one DAK variable can partially affect the HDI variable. Meanwhile those variables other than DAK partially or individually do not influence the HDI variable. The result of regression analysis shows that simultaneously such variables as Fiscal Decentralization, Regional Finance Performance, Local Government Expenditure, PAD, DAU, DAK and DBH have an influence on HDI in Regencies / Municipalities in Java Island.