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Debit and Credit Cards: Money Velocity Risks Putra, Hari Setia; Huljannah, Mutia; Anis, Ali; Azhar, Zul
Jurnal Ekonomi & Studi Pembangunan Vol 22, No 2: October 2021
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v22i2.11208

Abstract

Payment system innovations as the efforts to meet the people’s needs have recently risen several new non-cash-based payment instruments, such as card-based payment transactions. The upheaval of card-based non-cash transactions has indirectly shifted the role of cash in the society. This research aims to see the effect of cards as payment instruments represented by both debit and credit cards on money velocity in Indonesia within the period of 2016M1 to 2020M6 using the VECM (Vector Error Correction Model) analysis method. The research findings show that long-run card-based payment instrument has a significant effect on money circulation in Indonesia. It means that money velocity in Indonesia is not constant. Money velocity is a key concept in monetary theories and an important element for monetary analysis. Therefore, it is important for central bank to monitor and understand the money velocity trends to provide long-term benefits. The research findings are also expected to provide an additional insight to policymakers, especially central bank as monetary authority doe to the possibly occurring risks caused by the money circulation instability in economy.
ANALYSIS OF THE DEMAND FOR MONEY AND THE VELOCITY OF MONEY IN THE DIGITAL ECONOMY ERA: A CASE STUDY IN INDONESIA Hari Setia Putra; Mutia Huljannah; Monica Putri
Riset Ekonomi Pembangunan Vol 6, No 1 (2021): April 2021
Publisher : Universitas Tidar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31002/rep.v6i1.3719

Abstract

In the digital economy era, efficiency and effectiveness are required in carrying out all life activities, including transaction activities. The urge to payment innovates systems as an effort to meet the needs of the community has led to several new non-cash-based payment instruments, such as paperless-based payment transactions. The existence of non-cash transactions shifts the role of cash in society. This study aims to examine the effect of paperless-based non-cash payments represented by credit cards, debit cards, and electronic money on the demand and velocity of money in Indonesia. Using monthly data sourced from Bank Indonesia and the Central Statistics Agency for the period 2010M1-2019M11. The right analysis used to see the effect of payment system innovation on-demand and velocity of money circulation is the Error Correction Model. The findings in the literature state that there is a significant effect of paperless-based payments as a form of payment system innovation on the demand and velocity of money circulation in Indonesia. The strong influence between the demand for money and the velocity of money with paperless-based non-cash transactions in Indonesia in the long term indicates that policymakers need to be careful in making decisions. The long-term relationship explains that the central bank can influence people's transaction behavior. Given that currency in circulation forms a significant part of a central bank's balance sheet, the shrinking demand for currency will have important implications on the central bank's seigniorage income, its independence, and its ability to conduct monetary policy. Thus, it is important to check and understand the trend of money demand and the velocity of money so that it can provide long-term profits.
Integrasi Kawasan Wisata Terpadu Kota Padang: Hari Setia Putra; Editiawarman Editiawarman; Dika Saputra; Ullya Vidriza
JURNAL DESTINASI PARIWISATA Vol 9 No 2 (2021): VOL 9, NO 2 (2021): (JULY-DECEMBER) JURNAL DESTINASI PARIWISATA
Publisher : Program Studi Sarjana Pariwisata, Fakultas Pariwisata, Universitas Udayana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24843/JDEPAR.2021.v09.i02.p08

Abstract

This study aims to analyze the integration of tourist attractions in tourism object integrations of Pantai Air Manis, Gunung Padang, and Pantai Padang on the business side. This research used descriptive and inductive and inductive analysis with multiple regression methods and purposive sampling techniques to collect the data. Furthermore, to know the influence of tourism expenses, government assistance, economic activity, and the investment to tourism objects integration in Padang City. This study found the integration of tourism objects in Padang are working relatively well with the average integration degrees at 70,68 percent based on integration rage 59,60-82,00 percent. Tourism expenses, investment, and government assistance have a significant effect on tourism integration. This study recommends West Sumatra government increase the supports and investment to attract more tourists at tourism object integration in Padang City. Keywords: Tourism Objects Integration, Tourism Expenses, Transportation Investment
DETERMINAN KREDIT BANK UMUM UNTUK SEKTOR PERTANIAN: ANALISIS DARI SISI PERMINTAAN Hari Setia Putra; Yunnise Putri; Ullya Vidriza
Agricore: Jurnal Agribisnis dan Sosial Ekonomi Pertanian Unpad Vol 6, No 1 (2021): Volume 6 Nomor 1
Publisher : Departemen Sosial Ekonomi Faperta Unpad

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24198/agricore.v6i1.33312

Abstract

AbstrakPenelitian ini bertujuan untuk mengetahui pengaruh inflasi, produk domestik bruto pertanian dan suku bunga kredit pertanian terhadap permintaan kredit pertanian bank umum konvensional di Indonesia. Metode penelitian yang digunakan ialah Error Correction Model. Data dalam penelitian ini merupakan data yang diperoleh dari website Badan Pusat Statistik, Kementerian Pertanian dan Otoritas Jasa Keuangan didalam statistik perbankan Indonesia. Ruang lingkup penelitian ini merupakan data time series bulanan dari tahun 2015 hingga 2019. Berdasarkan penelitian yang telah dilakukan, dalam jangka panjang hanya terdapat satu variabel yang berpengaruh signifikan yakni produk domestik bruto pertanian yang memiliki hubungan positif dengan penyaluran kredit pertanian. Sementara variabel lainnya tidak berpengaruh signifikan. Begitu pula dalam jangka pendek tidak ada variabel yang signifikan terhadap kredit pertanian. Perubahan permintaan kredit pertanian yang terjadi sensitif terhadap perubahan produk domestik bruto sektor pertanian yang ditunjukkan oleh nilai probabillitas yang lebih kecil dari nilai taraf nyata. Hal tersebut kemudian menjadi dasar pertimbangan kebijakan juga informasi bagi pihak yang berkepentingan dalam hal tersebut. Oleh karena itu, hasil penelitian ini diharapkan mampu memberikan referensi dalam mengoptimalkan permintaan kredit pertanian kepada bank.Kata Kunci: Kredit Pertanian, Inflasi, Produk Domestik Bruto Pertanian, Suku Bunga Kredit Pertanian. AbstractThis study aims to determine the effect of inflation, the gross domestic product of agriculture, and agricultural credit interest rates on demand for agricultural credit of conventional commercial banks in Indonesia. The research method used is the Error Correction Model. The data in this study are data obtained from the website of the Central Statistics Agency, the Ministry of Agriculture, and the Financial Services Authority in Indonesian banking statistics. The scope of this research is monthly time series data from 2015 to 2019. Based on research that has been carried out in the long term, there is only one variable that has a significant effect, namely the gross domestic product of agriculture which has a positive relationship with the distribution of agricultural credit. While other variables have no significant effect. Likewise, in the short term, there is no significant variable on agricultural credit. Changes in demand for agricultural credit that occur are sensitive to changes in the gross domestic product of the agricultural sector as indicated by a probability value that is smaller than the real level value. This then becomes the basis for policy considerations as well as information for interested parties in this matter. Therefore, the results of this study are expected to be able to provide a reference in optimizing the demand for agricultural credit to banks.Keywords: Agricultural Credit, Inflation, Gross Domestic Product of Agriculture, Interest Rate of Agriculture 
PKM Pemberdayaan Ibu Rumah Tangga Nelayan Melalui Pelatihan Diversifikasi Produk Perikanan Laut di Kelompok Usaha Bersama Lumba - Lumba Putih Kecamatan Padang Selatan Kota Padang Melti Roza Adry; Hasdi Aimon; Hari Setia Putra; Dewi Zaini Putri; Cindy Azzahra Mikdad
Suluah Bendang: Jurnal Ilmiah Pengabdian Kepada Masyarakat Vol 22, No 1 (2022): Suluah Bendang: Jurnal Ilmiah Pengabdian Kepada Masyarakat
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/sb.02220

Abstract

KUB Lumba-lumba Putih terletak di wilayah destinasi wisata Kota Padang yaitu Jembatan Siti Nurbaya, Gunung Padang dan Pantai Air Manis. Permasalahan yang dihadapi oleh mitra adalah belum adanya usaha pengolahan hasil laut yang berkelanjutan dan memiliki nilai tambah secara ekonomi. Solusi yang ditawarkan adalah kegiatan capacity building dan workshop pengolahan ikan laut serta pengemasan produk olahan ikan. Kegiatan ini diikuti oleh 15 orang anggota KUB. Hasil yang dicapai adalah (1). Peningkatan keterampilan peserta tentang diferensiasi produk olahan ikan laut yang memiliki nilai tambah secara ekonomi, (2). Dihasilkan 3 produk pengolahan ikan laut yang sudah terstandar yaitu sarden homemade, pempek lenjer, adaan dan kapal selam, serta kerupuk tulang ikan tenggiri. (3). Adanya kemasan dan merk produk olahan ikan laut KUB Lumba – Lumba Putih.
Transformation of Conventional Transactions to Sharia At Sulit Air Sepakat Cooperative of Padang City Hasdi Aimon; Hari Setia Putra; Helga Nuri Honesty; Ika Sari Wahyuni
Suluah Bendang: Jurnal Ilmiah Pengabdian Kepada Masyarakat Vol 20, No 3 (2020): Suluah Bendang: Jurnal Ilmiah Pengabdian Kepada Masyarakat
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/sb.0650

Abstract

This study aims to look at the preferences of members Sulit Air Sepakat (SAS) Cooperative of Padang City to transform conventional transactions into sharia. The SAS Cooperative is one of the cooperatives in Padang City, whose members come from members of the Padang City SAS Association. The SAS Cooperative has experienced ups and downs in its development, so the identification of problems from the causes include non-performing loans of members, not yet fulfilled the wishes or needs of members as expected, decreasing member loan transactions and decreasing cooperative Business Results. Data obtained based on observations to all members of the Padang City SAS Cooperative with 80 respondents using multiple linear analysis methods. The results of this study indicate that all independent variables namely halal and Toyyiban, services or burdens offered are not too little or excessive, the benefits obtained, be careful in using wealth, social behavior and the identity of Islamic cooperatives are significant towards the dependent variable namely the willingness of cooperative members to transform conventional transactions into sharia. The recommendation of this study is that the cooperative management must immediately transform conventional transactions to sharia in accordance with the wishes of cooperative members and provide training to members about the concept and system of sharia transactions.
Pengembangan Model Hilirisasi Produk Berbasis Aren dan Berwawasan Lingkungan Pada Masyarakat Nagari Andaleh Baruh Bukik Kabupaten Tanah Datar Zul Azhar; Hasdi Aimon; Hari Setia Putra; Rer Nat Jon Efendi; Syamwil Syamwil; Zadrian Ardi; Anni Farida
Suluah Bendang: Jurnal Ilmiah Pengabdian Kepada Masyarakat Vol 21, No 1 (2021): Suluah Bendang: Jurnal Ilmiah Pengabdian Kepada Masyarakat
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/sb.0830

Abstract

Nagari Andaleh Baruh Bukik Kecamatan Sungayang di Kabupaten Tanah Datar terkenal dengan produk unggulan daerahnya penghasil gula aren. Tanaman pohon aren hampir merata setiap rumah tangga memiliki pohon aren dengan rata-rata 4-6 batang pohon. Masalahnya masyarakat belum mengetahui manfaat dan kegunaan aren. Terbukti bahwa hasil pohon aren yang diambil masyarakat hanya nira untuk gula aren dan buah untuk kolang kaling, sedangkan hilirisasi produk berbasis aren sangat banyak yang belum dimanfaatkan masyarakat secara ekonomi, kimia dan teknik. Nilai keekonomian pohon aren memiliki multi produk dan multi fungsi. Multi produk hampir seluruh batang tubuh pohon Aren dapat bernilai guna (used value), sedangkan multi fungsi pohon Aren mengurangi banjir, longsor serta tanah tidak mudah kering (hydrologis function). Pengembangan usaha pendapatan masyarakat dan membantu pemerintahan nagari menjalankan perencanaan sesuai dengan RPJM Nagari yang dimiliki, ada 4 kelompok sasaran dari nagari binaan ini antara lain: (1) memberikan pengetahuan dan penyuluhan tentang manfaat dan kegunaan aren  dari sudut pandang ekonomi sumberdaya alam dan kajian lingkungan dan perencanaan pembangunan berwawasan lingkungan, (2) keterampilan dan praktek membuat hilirisasi produk buah kolang kaling untuk berbagai jenis makanan dan minuman, (3) penyuluhan dan pengetahuan pembuatan pupuk kompos dari kulit kolang kaling untuk mengurangi kerusakan lingkungan, serta (4) penyuluhan pada para pelaku pengolah buah kolang kaling, penyadap nira, pembuat gula, ijuk dan sagu aren serta resiko kecelakaan dan keselamatan kerja.
Peran Perkembangan Sektor Keuangan terhadap Industrialisasi di Indonesia Hari Setia Putra; Shaghi Ratu Sa’bani; Syifa Ananda; Ullya Vidriza
JDEP (Jurnal Dinamika Ekonomi Pembangunan) Vol 4 No 2 (2021): JDEP (Jurnal Dinamika Ekonomi Pembangunan)
Publisher : Prodi Ekonomi Pembangunan FEB Universitas Pembangunan Nasional "Veteran" Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (297.839 KB) | DOI: 10.33005/jdep.v4i2.308

Abstract

The aim of this research is to analyze the impact of financial development in industrialization in Indonesia for the period 1990 to 2019 using time series data. The data used are ratio of broad money to GDP, ratio of domestic credit to private sector to GDP, and interest rate spread. The results of the pairwise granger causality test in the VECM analysis phase prove that there is a one-way relationship beetwen domestic credit to private sector ratio with broad money ratio and broad money ratio with interest spread rate. Meanwhile, the interest spread rate and domestic credit to private sector ratio have a two-way relationship. Impulse response results show that the industry value added ratio responds most to interest spread rate shocks compared to other variables. Variance decomposition results show that the contribution given by interest spread rate to the industry value added ratio is relatively the largest compared to the contribution given by broad money ratio and domestic credit to private sector ratio.
Pendampingan pengolahan limbah kulit buah kolang kaling menjadi pupuk kompos di nagari Andaleh baruh bukik kabupaten tanah datar Zul Azhar; Hari Setia Putra; Syamwil Syamwil; Zadrian Ardi
Suluah Bendang: Jurnal Ilmiah Pengabdian Kepada Masyarakat Vol 22, No 2 (2022): Suluah Bendang: Jurnal Ilmiah Pengabdian kepada Masyarakat
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/sb.02490

Abstract

Lembaga Penelitian dan Pengabdian Masyarakat (LP2M) Universitas Negeri Padang is responsible for providing guidance and imparting knowledge to the community, one of which is by conducting community service activities. One of the community service activities carried out was assistance in processing kolang kaling peel waste into compost in Nagari Andaleh Baruh Bukik, Tanah Datar Regency. Nagari, which is located in Sungayang District, has a superior commodity in the form of Nira Tree, where this sap tree also produces kolang kaling fruit. This activity is carried out based on the existing problems, namely that the community has not processed the kolang kaling fruit waste, even though the waste from this fruit has a high economic value. For this reason, assistance is provided to the community in processing kolang kaling peel waste into compost. In addition to protecting the environment, this economic value waste treatment is carried out so that people's incomes increase. This activity is carried out in several stages, namely socialization, training, assistance and procurement of tools. It is hoped that in the following year, activities can be continued in business management, packaging and sales.
Pengaruh Bantuan Luar Negeri Terhadap Pertumbuhan Ekonomi Negara ASEAN Dheylla Permatasari Depinto; Melti Roza Adry; Hari Setia Putra
Jurnal Kajian Ekonomi dan Pembangunan Vol 4, No 1 (2022): Jurnal Kajian Ekonomi dan Pembangunan
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/jkep.v4i1.13305

Abstract

This study aims to determine the effect of several macroeconomic variables on the economic growth of ASEAN countries. The variables used in this study are foreign aid, foreign direct investment, inflation, and economic growth. This study uses Panel Regression Analysis to see the effect of the independent variables on the dependent variable which can be seen from the annual data from 2009 to 2019 collected through documentation from related agencies and internet websites. The results of this study show that: (1) Foreign Direct Investment has a positive and insignificant effect on the economic growth of ASEAN countries. (2) Inflation has a positive and significant impact on the economic growth of ASEAN countries. (3) Foreign Aid has a negative and insignificant effect on the economic growth of ASEAN countries.