MIMBAR : Jurnal Sosial dan Pembangunan
Volume 39, No. 1, (Juni 2023) [Accredited Sinta 2] No 10/E/KPT/2019]

Reviewing the Role of BUMDES in Bogor Regency in Increasing Revenue

Isep Amas Priatna (Universitas Pamulang)
Dedi Budiman Hakim (Faculty of Economics and Management, IPB University, Bogor)
Yusman Syaukat (Faculty of Economics and Management, IPB University, Bogor)
Jaenal Effendi (Faculty of Economics and Management, IPB University, Bogor)



Article Info

Publish Date
30 Jun 2023

Abstract

BUMDes was born to accelerate village development in the economic.This research was conducted in 2019–2020 on BUMDEs in the Bogor district. The first objective of this study, using panel data regression, is to find out how far the internal and external influences of the business increase the income of BUMDes. The second goal, using the Cobb-Douglas production function with the stochastic frontier and the MLE (maximum likelihood estimation) production function approach, is to determine the efficiency level of BUMDes fund management. The results of this study show that the number of workers as part of the internal business of BUMDes has a positive and significant influence on increasing the income of BUMDes. While the number of residents and stores that market the results of BUDes products also influences the external side of the business, The efficiency rate of BUMDes is 57%, with operational costs as the most critical variable.

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Journal Info

Abbrev

mimbar

Publisher

Subject

Economics, Econometrics & Finance Education Environmental Science Social Sciences Other

Description

MIMBAR, Jurnal Sosial dan Pembangunan as part of the spirit of disseminating scientific research results and ideas for comprehensive service to the Society. MIMBAR Jurnal Sosial dan Pembangunan publishes original research articles, review articles from contributors associated with social and ...