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All Journal Signifikan : Jurnal Ilmu Ekonomi Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan
Hermanto Siregar
Bogor Agricultural University
Economics, Econometrics & Finance

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The Impact of El Nino on Inflation in Regional Indonesia: Spatial Panel Approach Fahmi Salam Ahmad; Hermanto Siregar; Syamsul Hidayat Pasaribu
Signifikan: Jurnal Ilmu Ekonomi Vol 8, No 1 (2019)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1474.118 KB) | DOI: 10.15408/sjie.v8i1.7130

Abstract

The study about the relationship between climate and economy is essential because it’s understanding is the key to formulate the effective economic policy. El Nino is one of the climate phenomena's that directly impact Indonesia, so it is necessary to analyze its effect on the macroeconomic condition such as inflation. This study aims to analyze the impact of El Nino as an external factor and the impact of another relevant economic factor on the macroeconomic condition such as inflation at the regional level (province) in Indonesia. The method used is a spatial panel method to capture the effect of inter-regional spatial interactions. The results show that El Nino has a positive effect on inflation in the southern Indonesian provinces that are affected by El Nino, but no effect in northern Indonesia. The other significant determinants of regional inflation are minimum wage, local revenue, local government spending, and infrastructure. There is significant spatial dependence on regional inflation in Indonesia, indicating that the inflations of its neighboring provinces influence the inflation of a province.
The Impact of Microcredit Interest Subsidy Accessibility on Paddy Farms' Performance Iman Widhiyanto; Nunung Nuryartono; Harianto Harianto; Hermanto Siregar
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 19, No 1 (2018): JEP 2018
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v19i1.5505

Abstract

Capital is required in farm to buy input such as fertilizer, pesticide, seed, land rent, labor wage, and to adopt the latest technology. To ease the burden of loan interest and to increase the access of farm to formal credit, the government provides interest subsidy for Food Security and Energy Credit (Kredit Ketahanan Pangan dan Energi, KKP-E). This study was aimed to analyze the impact of accessing KKP-E on paddy farms’ performance. The methods used in this study are descriptive analysis and propensity score matching model. Accessibility of KKP-E in research location was able to increase fertilizer use of 16.98 percent, pesticide use of 40.23 percent, labor outside farm household use of 43.08 percent, production of 58 percent, productivity of 23.64 percent, and farm profit of 84.5 percent. This quite high increase in percentage was due to the reason that farm business scale in this study was categorized as small-scale business.
Co-Authors Fahmi Salam Ahmad Harianto Harianto Iman Widhiyanto Nunung Nuryartono Syamsul Hidayat Pasaribu