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East Java Economic Journal

ejavec
Website

Published by Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

ISSN : 25978780 EISSN : 28302001 DOI : https://doi.org/10.53572/ejavec.v6i1.73

Core Subject : Economy, Social,

Economics, Econometrics & Finance Social Sciences

East Java Economic Journal invites manuscripts on an economics area, but not limited to economic development, finance, monetary, international trade, environmental, energy, public economics, econometrics, microfinance, health economics, and political economics related to the economy of East Java.

Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)

Articles 7 Documents

Search results for , issue "Vol. 2 No. 1 (2018)" : 7 Documents clear

DEMOGRAPHIC BONUS ANALYSIS AND ECONOMIC GROWTH OF EAST JAVA Amirusholihin; Listiono
East Java Economic Journal Vol. 2 No. 1 (2018)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

BKKBN predicts that Indonesia will get demographic bonus in 2020 until 2030. The question is whether the demographic bonus has a positive impact on the economy of East Java or even a negative impact. Based on data from BPS, by 2015 the workingage population in East Java is around 69.4 percent of the total population, while the child and old-age is 30.6 percent. The size of the working-age population is closely related to the amount of labor, which also greatly determines the amount of output on goods and services produced. This paper aims to explain how the impact of demographic bonuses on East Java's regional economy, based on the Solow model extended to include demographic variables. The analysis uses a dynamic panel model by 38 districts in East Java that have demographic bonuses in 2020 with GDP as a reference in determining the growth of economists. From these analyzes it can be seen the impact of demographic bonuses in East Java as an advantage or even create new spatial inequality between regions.

DETERMINANTS OF TECHNICAL EFFICIENCY AND TOTAL FACTOR PRODUCTIVITY CHANGE OF THE MANUFACTURING INDUSTRY IN EAST JAVA: EFFORTS TO INCREASE PERFORMANCE AND INDUSTRIAL COMPETITIVENESS Imroatul Amaliyah
East Java Economic Journal Vol. 2 No. 1 (2018)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

This research aims to calculate and analyze the level of technical efficiency and total factor productivity change of manufacture industry, and to examine the factors that influence the value of technical efficiency of manufacture industry in East Java. The method used for this research is Data Envelopment Analysis (DEA) and Malmquist Index with Bootstrapping approach, and Tobit regression. This research used micro data from Indonesian Large and Medium-Scale Industry Survey within the year of 2007 to 2013. The results of this research are: (1) the estimated result of DEA with bootstrapping approach using output-oriented variable return to scale (VRS) assumption shows that the level of technical efficiency of manufacture industry in East Java has been not good enough and overall, it still has the potential to increase its output to reach an efficient condition; (2) the estimated result of Tobitregression demonstrates that the level of technical efficiency of the company is influenced by the company’s size, HHI, capital labor ratio, export and types of company ownership; (3) the estimated result of Malmquist Index with Bootstrapping approach shows that theaverage of total factor productivity change (TFPCH) of manufacture industry from 2007 to 2013 hasexhibited a positive change. The main factor that affects TFPCH, in order, are technological change, efficiency change, and efficiency scale change.

WELFARE INEQUALITY AND DEMOGRAPHIC DIVIDEND IN EAST JAVA: THE OVERLAPPING GENERATIONS (OLG) MODEL APPROACH Badara Shofi Dana; Ati Musaiyaroh
East Java Economic Journal Vol. 2 No. 1 (2018)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

The issue of demography into an important discussion caused can affect economic growth and inequality in East Java Inequality in east Java showed an increase.Unequal distribution of income is a source of high inequality in East Java. This study aims to show the effectiveness of demographic changes can affect inequality in East Java with the approach of Overlapping Generations (OLG) model. The data used in this research is time series data in the first quarter of 2010- the fourth quarter 2015. Analyzer used in this research is Generalized Method of Moments (GMM). The results of this study show that demographic changes in East Java have the potential to increase inequality. The number of productive age populations with non-productive causes of high inequality. Consumption rate and the number of the productive workforces also become one of the sources of inequality. Therefore, the Settlement of inequality coupled with demographic changes in East Java needs the role of government through targeted social protection programs and infrastructure improvements. In addition, the need for land-based policies, opportunity-based policies, human resource capacity building policies, job matching.

DETERMINING NEW EXPORT GOALS AND COMPETITIVE STRATEGIES FOR THE JEWELRY INDUSTRY IN EAST JAVA IN A GLOBAL VALUE CHAIN PERSPECTIVE Pranakusuma Sudhana
East Java Economic Journal Vol. 2 No. 1 (2018)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Global Value Chain (GVC) is a relatively new concept where the process to produce goods or services occurs across countries. Previous research has concluded that integrating in GVC is important for a region to promote its economic growth. One indicator of a region's involvement in GVC is its export value at which in the Province of East Java, the jewelry industry (HS code 71) is the largest export contributor. This study aims to identify new export destinations based on trade data and to analyze internal factors of strength and weakness as well as external factors of opportunity and threat to formulate strategy to improve the competitiveness of jewelry industry with small, medium and large scale in East Java. In this research, the trade balance of jewelry industry between Indonesia and East Java and global importers was analyzed. The results show that some countries in Asia and Oceania, Europe and America are potential markets for the gold industry in East Java to increase the current value of exports. The geographical location of East Java which is close enough to the current export destination countries of jewelry products (Taiwan, Japan and Singapore) as well as potential destinations (India and China) is a competitive advantage. This research also identifies several strategies that can be done by the stakeholders in developing the jewelry industry in East Java.

DEMOGRAPHIC BONUS IN EAST JAVA: BLESSING OR DISASTER? Iis Dwi Permatasari
East Java Economic Journal Vol. 2 No. 1 (2018)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Demographic bonus is a phenomenon that occurs in every developing country including Indonesia. In Indonesia this phenomenon could be backfire if thegovernment can not exploit this phenomenon with the right policy. The United Nations states that demographic bonuses in Indonesia will peak in the period of 2020-2030. This paper shows the effect of demographic bonus on Gross Regional Domestic Product (GRDP) by using panel data. The regency/municipality being the sample in this research is Surabaya. Banyuwangi, Tuban, Probolinggo, Blitar, Lamongan with vulnerable time from 2010-2015. The method used in this research is by using Panel Error Correction (PEC), Vector Autoregressive (VAR) and Autoregressive Integrated Moving Average (ARIMA). The results of this study indicate that in the short and long run demographic bonus have a significant effect on East Java GRDP. Furthemore, the policy on demographic bonus is not optimal in supporting the increase of East Java GRDP. Finally, calculations using ARIMA indicate a decrease in GRDP in the next few years.

THE ROLE OF THE TOURISM SECTOR ON THE ECONOMY OF EAST JAVA: INPUT-OUTPUT ANALYSIS Eka Andri Kurniawan
East Java Economic Journal Vol. 2 No. 1 (2018)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Indonesia is a country that regulates the authority of regional government. Local governments are given the freedom to regulate their own regions with regionalautonomy to explore the potential of each region. Thus, development must determine the priority of the potential of one of the tourism sector. For examplecultural tours, history, nature or artificial, religious. Tourism is a large and growing industry. The development of tourism is very influential and influenced by other sectors because tourism is a mulitectorectoral that has links with other sectors. East Java province is renowned for its tourism potential, many historical attractions, for recreation, education and more. The development and change of the tourism sector cannot be separated from the interrelationship with other sectors of the economy, and vice versa. The occurrence of changes in one sector of the economy, will also affect the tourism sector. The inter-sectoral linkages in the economy can be seen in Input-Output Analysis. Input-Output Analysis is an analysis of the region's economy comprehensively as it sees the inter-sectoral linkages of the economy in the region as a whole. This study aims to find out how the role of the tourism sector in the formation of output, gross added value, demand between and end of East Java Province, how much is related to other sectors, the economic impacts of economic growth, income and employment are viewed based on Multiplier effects on output, income and labor. The data collected in this study is secondary data Table InputOutput East Java Province. Analyzer uses APLIKASI I-O PAU UGM 2000 and Microsoft Excel. The result, it is expected that the tourism sector has an important role in the formation of GDP, labor, demand between and the end of demand, as well as direct output linkage forward.

PERKEMBANGAN EKONOMI, INFLASI, DAN STABILITAS SISTEM KEUANGAN PROVINSI JAWA TIMUR SEMESTER II – 2017 Tim Penulis Laporan
East Java Economic Journal Vol. 2 No. 1 (2018)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Perekonomian Jawa Timur pada semester II 2017 menguat dibandingan semester sebelumnya, diiringi dengan tekanan inflasi Indeks Harga Konsumen (IHK) yang lebih rendah dan stabilitas sistem keuangan daerah masih terjaga. Akselerasi ekonomi Jawa Timur pada semester II 2017 terutama disebabkan oleh perbaikan kinerja eksternal dan peningkatan investasi. Dari sisi inflasi, berakhirnya penyesuaian tarif listrik dengan daya 900VA menopang rendahnya tekanan inflasi IHK (yoy) Jawa Timur dibandingkan paruh pertama 2017. Lebih lanjut, terjaganya stabilitas sistem keuangan Jawa Timur tercermin dari terkendalinya NPLperbankan dan terjaganya rasio keuangan korporasi. Akselerasi kinerja perekonomian Jawa Timur yang lebih tinggi tertahan oleh perlambatan kinerja konsumsi swasta dan peningkatan impor luar negeri. Pada Semester I 2018, kinerja ekonomi Jawa Timur diperkirakan tetap tumbuh tinggi sebagaimana pertumbuhannya pada paruh kedua 2017. Optimisme tersebut ditopang oleh potensi peningkatan konsumsi swasta dan pemerintah sejalan dengan berlangsungnya Ramadhan, Idul Fitri, dan Pemilihan Kepala Daerah (Pilkada). Inflasi IHK Jawa Timur diperkirakan kembali pada sasaran inflasi 3,5%±1% seiring meredanya tekanan inflasi di kelompok administered prices, terjaganya inflasi inti, dan rendahnya potensi peningkatan tekanan inflasi kelompok volatile food. Lebih lanjut, sejalan dengan nasional, stabilitas sistem keuangan dan kinerja perbankan Jawa Timur diperkirakan masih stabil pada paruh pertama 2018.

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Home Page

OAI Link

Editorial Team

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Reviewer

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Contact Name
Shochrul Rohmatul Ajija

Contact Email
shochrul-r-a@feb.unair.ac.id

Phone
+6282227423452

Journal Mail Official
ejavec.journal@gmail.com

Editorial Address
Jl. Pahlawan No.105 Surabaya, Jawa Timur

Location
Kota surabaya,

Jawa timur

INDONESIA

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Home Page

OAI Link

Editorial Team

Contact

Reviewer

Google Scholar

Contact Name Shochrul Rohmatul Ajija

Contact Email shochrul-r-a@feb.unair.ac.id

Phone +6282227423452

Journal Mail Official ejavec.journal@gmail.com

Editorial Address Jl. Pahlawan No.105 Surabaya, Jawa Timur

Location Kota surabaya, Jawa timur INDONESIA

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Contact Name
Shochrul Rohmatul Ajija

Contact Email
shochrul-r-a@feb.unair.ac.id

Phone
+6282227423452

Journal Mail Official
ejavec.journal@gmail.com

Editorial Address
Jl. Pahlawan No.105 Surabaya, Jawa Timur

Location
Kota surabaya,

Jawa timur

INDONESIA