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All Journal Journal of Indonesian Applied Economics Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Jurnal Ilmu Ekonomi dan Pembangunan JPPI (Jurnal Penelitian Pendidikan Indonesia) Prima Abdika: Jurnal Pengabdian Masyarakat Indonesian Journal of Multidisciplinary Science Journal of International Conference Proceedings Jurnal Penelitian Pendidikan Indonesia Journal of Development Economic and Social Studies (JDESS) Contemporary Studies in Economic, Finance and Banking (CSEFB)
Rachmad Kresna Sakti
Fakultas Ekonomi Dan Bisnis Universitas Brawijaya
Arts Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Electrical & Electronics Engineering Engineering Environmental Science Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Mathematics Public Health Social Sciences Other

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Journal : Journal of International Conference Proceedings

 1 
Vertical Fiscal Balance and Local Fiscal Discipline in Indonesia Deni Sarjoko; Moh. Khusaini; Rachmad Kresna Sakti
Journal of International Conference Proceedings (JICP) Vol 5, No 2 (2022): BEFIC Conference Proceeding
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v5i2.1681

Abstract

Fiscal discipline is the key value to manage public finance. In term of local government, maintaining fiscal discipline can improve basic services and public confidence provision. The research purpose is to give an input for the government to determine regional expansion policy. The analysis applies fixed effect model to analyze the relationship between vertical fiscal balance and local fiscal discipline in 491 districts/cities in Indonesia for 2010 to 2020. This study found the indication that the lower vertical fiscal balance, the lower the fiscal discipline of the district/city governments to collect local taxes, so regional development highly depends on intergovernmental transfer. The results indicate that the increase of vertical fiscal balance will increase local fiscal discipline. In addition to be driven by a vertical fiscal balance, local fiscal discipline increase is also driven by population density increase, the tertiary sector share, and Gross Regional Domestic Product per capita. It is important for the governments to consider vertical fiscal balance, population density, the share of the tertiary sector, and GRDP per capita, as variables to approve proposed regional expansion so that each regional expansion results in optimal public services.Keywords: Vertical Fiscal Imbalance, Local Own-Source Revenue, Population Density, Tertiary Sector Share, Gross Domestic Regional Product.
The Economic Impact Analysis of Infrastructure Development in East Java: Do Roads Drive Growth? Rachmad Kresna Sakti; Eddy Suprapto; Axellina Muara Setyanti
Journal of International Conference Proceedings (JICP) Vol 5, No 2 (2022): BEFIC Conference Proceeding
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v5i2.1975

Abstract

Infrastructure development is considered as a locomotive that accelerates the pace of the economy in a region. The success of the development process is generally measured by economic growth. This study aims to analyze the effect of road infrastructure development on the economic growth of districts/cities in East Java and identify differences in the economic growth of East Java districts/cities before and after road infrastructure development. To answer the first research objective, panel data regression was used in 38 districts/cities in East Java with the dependent variable being economic growth, and the independent variable measuring the availability of infrastructure. Furthermore, to answer the second research objective, paired t-test was used. Road infrastructure, as well as government spending on public services and capital were found affecting economic growth at a decreasing rate. Tax revenue found to boost economic growth, implying that tax still one of the main instrument driving growths. Lastly, during the development of infrastructure, no significant difference has been found in economic growth. Indicates that the development effect on growth is a long-term effect. The results contribute to the discussion regarding the determinants of regional economic growth and how development can affect the economic growth of one or more regions. Keywords: Economic Growth, Infrastructure, East Java.
Co-Authors . Maryunani Agnes Sheryta Anastasya Purba Agus Suman Amalia Rahmawati Andika Nedya Pranata S. Anggi Rahma Ativanita Aura Vedareni Maudita Axellina Muara Setyanti Azarya hendry christy Cici Sri Mulyani Daud Duli Deni Sarjoko Eddy Suprapto Hadira Thumaninah Jibril Insyira Rulita Izhellia Oktatubela Dizzahara M. Pudjihardjo Moh. Khusaini Muhammad Amin Kadafi Muhammad Rizqy Purwanto Naufal Nur Maulidi Nugroho Suryo Bintoro Nur Farida Raka Muhammad Ziddan Roisatul Hidayah Setyo Tri Wahyudi Susilo Susilo Vina Kurniawati