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Shochrul Rohmatul Ajija
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East Java Economic Journal
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 91 Documents
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MODELLING MICRO ENTERPRISES’ BEHAVIORAL INTENTION TO ADOPT INTEGRATED ISLAMIC CROWDFUNDING-MICRO ENTERPRISE (IICME) MODEL AS A SOURCE OF FINANCING IN EAST JAVA, INDONESIA Mohamed Asmy Bin Mohd Thas Thaker; Hassanudin Bin Mohd Thas Thaker
East Java Economic Journal Vol. 3 No. 1 (2019)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (590.83 KB) | DOI: 10.53572/ejavec.v3i1.23

Abstract

The present study has proposed Integrated Islamic Crowdfunding-Micro Enterprise (IICME) model to assist micro enterprises in meeting their need to access external financial services in East Java, Indonesia. Upon the proposed model, this study examines the behavioural intention of micro enterprises to use IICME model. The primary data are collected from the survey administered to micro enterprises in the East Java (Pasuruan, Malang, Kediri, Ponorogo, and Gresik) and the analysis is conducted using Partial Least Squares (SmartPLS). Furthermore, the model has been validated its acceptance in the field by adopting the extended Technology Acceptance Model (TAM). This study has revealed that the perceived usefulness, perceived easy to use and perceived benefit are found to have a positive impact on the intention of micro enterprises to use IICME model, which later assist them to access to financial services in Indonesia. Furthermore, perceived easy to use has a positive relationship and direct effect with perceived usefulness of micro enterprises to use the IICME model. The findings of this study can be used to develop a specific framework in which to examine other components of using the IICME model’s behavior and to plan appropriate intervention strategies to increase financial accessibility by micro enterprises. JEL: G23; M10
EFFICIENCY AND INCREASING PRODUCTIVITY OF THE MANUFACTURING INDUSTRY OF EAST JAVA PROVINCE Lusi Sulistyaningsih; Nita Ma’rufah; Samsu Puji Estika
East Java Economic Journal Vol. 3 No. 1 (2019)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1352.182 KB) | DOI: 10.53572/ejavec.v3i1.24

Abstract

This study aims to analyze technical efficiency and to find out the main contributors to the productivity of the manufacturing industry in East Java, which increased in 2007-2015. On the other hand, this research also aims to determine the direction of the efficiency of the manufacturing industry sub-sector and the factors that influence the level of efficiency of the manufacturing industry. The level of efficiency that approaches the frontier signifies convergence, while divergence indicates that the level of efficiency that has not approached the frontier. There are 24 manufacturing industry sectors that were observed in this study. To calculate the value of technical efficiency, this study uses Data Envelopment Analysis (DEA) with a bootstrapping approach with 2000 times the number of iterations. While the calculation of productivity changes in this study uses the Malmquist Index. Conditional beta convergence analysis (β), sigma convergence (σ), gamma convergence (γ), and stochastic convergence is used to analyze efficiency convergence. The results of the score of technical efficiency analysis show that the manufacturing industry in East Java is still in an inefficient condition with the electrical equipment industry being the highest efficiency score sector, while the furniture industry is the most inefficient sector. Technological progress at 54 percent each year is a major contributor to the increase in manufacturing industry productivity by 55 percent during 2007-2015. On the other hand, the results of testing four convergence models show different results, sigma, gamma, and stochastic convergence indicating the convergence of manufacturing industry efficiency, while conditional beta convergence testing shows an indication of the divergence in manufacturing industry efficiency. The GMM estimation results show that factors that significantly affect the efficiency of manufacturing industries are energy intensity, capital-labor ratio, capital intensity, and industrial share. JEL: D24, L60
CATTLE FARMING 4.0 : DEVELOPMENT OF LIVESTOCK SECTOR THROUGH E-AGRIOVEST (DIGITAL BASED INVESTMENT) TO ACCELERATE ECONOMIC GROWTH IN EAST JAVA Julita Hasanah; Dian Puspasari Ina Ayati; Dimas Brillian Syaban Pramana
East Java Economic Journal Vol. 3 No. 1 (2019)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (808.337 KB) | DOI: 10.53572/ejavec.v3i1.25

Abstract

East Java had the second highest contribution to National GDP 2017 after Jakarta with a value of 14.61%. Economic growth in East Java was supported by the agricultural sector (13%), while the livestock contributed 20.24% to the East Java agricultural sector. East Java had 20.89% of the national beef cattle population, but beef production was still relatively moderate (23.17%), because East Java farms were dominated by Conventional Farming. East Java beef production didn’t balance national beef consumption which had increased by 4.66%. It was the main cause of fluctuations and volatility in beef prices. The fundamental issue of beef issues in East Java needed to be resolved through the industrial revolution 4.0. The purpose of this study was to determine the characteristics of conventional farming, to arrange the e-agriovest system, and to know the contribution of e-agriovest system to East Java’s GDP. This research was conducted in Jember as a sample area. The study used survey methods and descriptive analytics. Based on the results of research on characteristics of conventional farming, among others (1) the number of small livestock (1-3 tail) (56.67%), (2) the sales period as needed (60%), (3) still using forage feed (100%) , (5) saving livestock function (46.66%) and sales system through blantik (66.67%). Based on East Java livestock data in 2008-2017, the contribution of livestock in East Java had a high potential to be developed in terms of population, production, demand, domestic beef prices, imported beef prices, and GDP. e-agriovest can be simulated to increase beef production by 20%. The existence of e-agriovest had a positive impact on East Java GRDP with a value increase of 2.83%. e-agriovest system is an appropriate implementation strategy in developing the livestock subsector in order to accelerate the acceleration of East Java's economic growth both economically, socially and environmentally. JEL : O4,E2,Q1
Evaluation of Vocational High School Dual System Education (DSE) in Improving the Competitiveness of Manpower in the Manufacturing Industry Sector in East Java Province Rizqi Qurniawan
East Java Economic Journal Vol. 4 No. 1 (2020)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (970.587 KB) | DOI: 10.53572/ejavec.v4i1.26

Abstract

The increase in Indonesia’s competitiveness ranking in 2018 is one indicator of improving the quality of industry and vocational education in Indonesia. However, the quality of the Indonesian workforce is still not good enough, even declining. The Dual System Education Program at the Vocational High School level is an important factor in solving unemployment problems and improving the quality and competitiveness of human resources in Indonesia. This study uses the correlation of the DSE cost index with the competitiveness index of the manufacturing industry in the provinces of Indonesia. The significant positive correlation between the two variables indicates that an increase in the budget for training and certification costs in Dual System Education in Vocational High Schools will increase business competitiveness in the manufacturing industry sector. In addition, this study also looks at the correlation between the DSE cost index and the open unemployment rate for vocational high school graduates in East Java Province. Both variables show a negative correlation, but not significant. This means that the dual system education budget does not significantly affect the open unemployment rate for vocational high school graduates between districts/cities in East Java Province. Improvements in budget allocations, training, apprenticeship systems, certification, curriculum, and collaboration with the business world in the Dual System Education system (DSE) of Vocational High Schools in East Java Province are expected to be able to make vocational education graduates have competencies that are in line with market demand and are ready to work. work so as to increase the competitiveness of the manufacturing industry.
INEQUALITY OF HOUSEHOLD EXPENDITURE AND MAPPING POTENTIAL SOCIAL ECONOMIC VULNERABILITIES IN EAST JAVA PROVINCE IN 2018 Yusi Krismaningtyas; Taly Purwa
East Java Economic Journal Vol. 3 No. 1 (2019)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (838.364 KB) | DOI: 10.53572/ejavec.v3i1.27

Abstract

Ketimpangan yang melebar di Jawa Timur tergambar dari semakin menjauhnya capaian gini ratio Tahun 2014-2018 dari target yang dituangkan dalam Rencana Pembangunan Jangka Menengah Daerah (RPJMD) JawaTimur. Studi ini mencoba mendekomposisikan Indeks Theil berdasarkan dimensi sosial, ekonomi dan spasial dengan menggunakan data mikro rumah tangga hasil Survei Sosial Ekonomi Nasional (Susenas) Maret 2018 serta memetakan potensi kerawanan sosial ekonomi yang dapat timbul akibat melebarnya ketimpangan tersebut pada level kabupaten/kota di Provinsi Jawa Timur menggunakan data hasil pendataan Potensi Desa (Podes) 2018 dan Provinsi Jawa Timur Dalam Angka Tahun 2019. Ketimpangan pengeluaran rumah tangga yang terjadi dalam kelompok (within group) hasil dekomposisi memberikan kontribusi dominan terhadap ketimpangan pengeluaran rumah tangga di Provinsi Jawa Timur. Analisis Kluster dengan metode K-means mengelompokkan kabupaten/kota menjadi empat kluster. Hasil pemetaan potensi kerawanan sosial ekonomi tersebut dapat dijadikan alternatif Pemerintah Provinsi Jawa Timur dalam menentukan prioritas kebijakan penanganan ketimpangan pengeluaran rumah tangga di Provinsi Jawa Timur sesuai dengan karakteristik spesifik masing-masing kabupaten/kota. JEL classification: B55, D12, D63, E21, P25
THE EFFECT OF FORMAL SECTOR WORKERS AND WOMEN HEAD OF HOUSEHOLDS ON WELFARE IN EAST JAVA Vitriyani Tri Purwaningsih; Rahma Nida
East Java Economic Journal Vol. 3 No. 1 (2019)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (677.28 KB) | DOI: 10.53572/ejavec.v3i1.28

Abstract

Isu ketidaksetaraan dalam gender tidak hanya dilihat dari bentuk fisik yang berbeda, akan tetapi kesenjangan tersebut mengarah pada perbedaan peran, kegiatan, serta hal lainnya yang terjadi di kehidupan sehari-hari. Rumah tangga yang dipimpin oleh perempuan cenderung lebih banyak berkerja pada sektor informal, memiliki tingkat pendidikan dan pendapatan yang rendah. Penelitian ini bertujuan untuk melihat kesenjangan antara pekerja formal dan informal, kesejahteraan rumah tangga yang diukur dari kepala rumah tangga berdasarkan gender dan status pernikahan. Data yang digunakan merupakan data sekunder yang berasal dari Indonesia Family Life Survey (IFLS) tahun 2014, dengan analisis Two Stage Least Square (2SLS) dengan menggunakan Instrumental Variable (IV). Temuan dari penelitian ini menyatakan bahwa Kepala Rumah Tangga (KRT) yang bekerja di sektor formal mempunyai kesejahteraan yang lebih tinggi dibandingkan dengan KRT yang bekerja di sektor informal. Selain itu, KRTP cenderung mengalami probabilitas untuk mengalami kerugian dibandingkan KRTL. KRTP yang berstatus janda memiliki kesempatan yang lebih besar untuk menjadi miskin dibandingkan dengan kelompok lainnya. Di sisi lain, adanya hubungan positif dan signifikan antara wanita pekerja informal terhadap pengeluaran per kapita. Kesimpulan untuk kebijakan dari permasalahan dalam penelitian ini adalah pemerintah Jawa Timur perlu memperhatikan pilar utama pembangunan manusia yaitu dengan mengurangi gap pendidikan, khususnya bagi anak perempuan. JEL : D63, I31, J12, J16, O17
DEVELOPMENT OF EDUCATION RETURN RATE IN EAST JAVA 2015 AND 2018 Nuelda Amalia; Lilik Sugiharti
East Java Economic Journal Vol. 3 No. 2 (2019)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (767.016 KB) | DOI: 10.53572/ejavec.v3i2.29

Abstract

Education provides many benefits for the workforce, one of which is income when enter-ing the labor market. The return on educational benefits as measured by income is often referred to as the rate of return on education investment. This study aims to determinethe development of the rate of return on education investment in East Java in 2015 and2018. The data used are data from the East Java National Labor Force Survey (Sakernas) in2015 and 2018. The estimated rate of return on education investment is carried out usingthe Heckman Selection Model Method which uses the Heckman Selection Model. modifiedMincer’s Income Function Model to overcome sample-selectivity-bias. The result is thatthe rate of return on investment in education in East Java in 2015 and 2018 generallyincreased, except at the higher education level.Keywords: Return on Investment Education, Income, Profitability, East JavaJEL : I26, I25, N35
THE IMPACT ANALYSIS OF RISING FOOD PRICES ON FARMER’S WELFARE IN EAST JAVA Rodhiah Umaroh; Riska Dwi Astuti; Edy Purwanto
East Java Economic Journal Vol. 3 No. 1 (2019)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (690.011 KB) | DOI: 10.53572/ejavec.v3i1.30

Abstract

Agriculture is one of the important contributor sectors to the implementation of sustainable economic growth, especially in East Java. Apart from absorbing a large portion of the workforce, agriculture is also a sector that drives other sectors such as trade, especially for food products. However, the increase in food prices is often a polemic in the community which is very detrimental to households. This study aims to analyze the function of household food consumption demand in East Java using the Quadratic Almost Ideal Demand System (QUAIDS) and Compensating Variation approaches to identify the impact of price changes on changes in household welfare in East Java, especially in farmer households. The data used in this study were obtained from the Indonesian Family Life Survey (IFLS) in 2000, 2007, and 2014. The results showed that consumption of various food commodities in the form of staple foods, fruits and vegetables, sugar, oil, milk, meat will be greatly affected by changes in prices, expenditure/income, and household demographic characteristics. The results of price and expenditure elasticity vary between household groups. Based on the analysis of changes in welfare, due to the increase in food prices, in general, households in East Java will experience a decrease in welfare. However, the decline for poor rural households and farming households is lower than for urban poor households and non-farmer households. The regional government of East Java province is expected to encourage and optimize the role of the agricultural sector to achieve sustainable household welfare in general and farmers in particular. JEL: D11, D60, E31, Q11
Study of Cyclicity and Synthesis of Energy Production to Economic Growth in East Java Province Eva Violeta; Shenia Endika
East Java Economic Journal Vol. 4 No. 2 (2020)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (861.933 KB) | DOI: 10.53572/ejavec.v4i2.31

Abstract

Energy use is considered as one of the supporting factors in increasing a country’s economic growth. Sensitive issues in recent periods have involved the issue of energy supply, which has also become one of the main concerns for the economy of a region, such as East Java Province. In recent years, electricity production and distribution shrink in East Java has increased. The problem is believed to be able to affect the economic growth of East Java Province. Based on the built background, this research tries to see the relationship in the short-term and long-term between energy production and economic growth. To answer this question, 3 main analytical methods were used, namely Quantitative Descriptive Analysis, ARDL Bound testing, and Dynamic Ordinary Least Squares (DOLS). This study is also supported by the Granger Causality test to determine the causal relationship between the variables used. The main research results show that there is a significantrelationship between energy production and economic growth. These results indicate that an expansion in energy production is expected to lead to higher growth and a shortage in energy production could hinder the process of economic growth.
Reaching for the Vulnerables: Assessing the Impact of Digital Financial Inclusion to the MSME Household’s Vulnerability to Poverty Gilbert; Pricilia Meidy Winengko; Adho Adinegoro
East Java Economic Journal Vol. 4 No. 1 (2020)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53572/ejavec.v4i1.32

Abstract

The COVID-19 pandemic has affected most parts of society, one of which is the MSME household. Although various assistance has been addressed to this sector in the short term, a long-term strategy through digital financial inclusion is needed to reduce the vulnerability of MSME households to falling into poverty in the long term. Using data from the Indonesian Family Life Survey 2014, this study investigates the impact of digital finan-cial inclusion on the vulnerability of MSME households in Indonesia and in East Java. The OLS and 2SLS analysis shows that digital financial inclusion helped reduce the poverty vulnerability of MSME households significantly. Further logistic regression analysis also shows that the reduction of poverty vulnerability occurred both in the risk-induced and structural vulnerabilities. Based on the findings, this study recommends policy stakeholders to formulate a digital financial inclusion strategy as one of the alternative policies for poverty alleviation in Indonesia.

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