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INDONESIA
Signifikan : Jurnal Ilmu Ekonomi
ISSN : 20872046     EISSN : 24769223     DOI : 10.1016
Core Subject : Economy,
Arjuna Subject : -
Articles 10 Documents
Search results for , issue "Vol 8, No 2 (2019)" : 10 Documents clear
Macroeconomic Variables, Demographic Factors and Current Account Balance in Nigeria: A Causal Relationship Soliu Bidemi Adegboyega; Olukayode Emmanuel Maku; Kehinde Kabir Agbatogun
Signifikan: Jurnal Ilmu Ekonomi Vol 8, No 2 (2019)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (387.817 KB) | DOI: 10.15408/sjie.v8i2.11391

Abstract

This paper examines the effect of macroeconomic variables, demographic factors toward current account balance in Nigeria. It analyzed the connection between each of domestic savings and investment on current account balance by examining the role and direction of the selected demographic variables. The Toda-Yamamoto approach to causality was used to analyze the study. The result shows that the direction of causality was from both domestic saving and investment to current account balance. However, there is no reverse causation from the current account balance to domestic saving and investment. Thus, the selected demographic variables had no significant causation towards current account balance, investment, and domestic saving. The government needs to finance the desired investment through increased domestic saving without undue reliance on foreign resources
The Determinant of Regional Unemployment in Indonesia: The Spatial Durbin Models Eka Khaerandy Oktafianto; Noer Azam Achsani; Tony Irawan
Signifikan: Jurnal Ilmu Ekonomi Vol 8, No 2 (2019)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1083.204 KB) | DOI: 10.15408/sjie.v8i2.10124

Abstract

Unemployment is a problem that occurs in many countries and often gets special attention both from policymakers and academics. This fact is because if not addressed, it will cause socio-economic problems in the country. Therefore it is necessary to formulate the causes of unemployment by involving spatial aspects to avoid biased and inefficient estimates. This study aims to find the determinants of unemployment rates in Indonesia, including calculating the direct and indirect effect of using the spatial Durbin models (SDM) in the period 2000-2017. The results of this study indicate that the overall independent variables used significantly influence the unemployment rate in Indonesia. Besides, it turns out that the higher education variable completed by the population of a region has the most significant impact both in decreasing unemployment in a region and neighboring regions. Therefore, the policy taken should pay attention to this.
Islamic Bank Financing and Its Effects on Economic Growth: A Cross Province Analysis Muhammad Anif Afandi; Muhammad Amin
Signifikan: Jurnal Ilmu Ekonomi Vol 8, No 2 (2019)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (98.232 KB) | DOI: 10.15408/sjie.v8i2.10977

Abstract

Islamic banking industry shows a reasonably good development, one of which is marked by an increase in service coverage in almost all provinces in Indonesia. However, the question is how far Islamic banking capable of contributing to the improvement of Indonesia's economic growth? The purpose of this research is to examine the role of Islamic banking in promoting inclusive economic growth with a sample of 33 provinces in Indonesia. The method used in this research is panel data regression using the fixed effects model. The results show that Islamic bank financing does not have an impact on Indonesia's economic growth. In other words, the results of the research provide information that the existence of Islamic banking in Indonesia has not yet give a significant impact on the welfare of Indonesian society
Value Added Tax and Economic Growth: An Empirical Study of China Perspective Zeraibi Ayoub; Subhadeep Mukherjee
Signifikan: Jurnal Ilmu Ekonomi Vol 8, No 2 (2019)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (474.36 KB) | DOI: 10.15408/sjie.v8i2.10155

Abstract

This study investigates the role of Value-Added Tax (VAT) on the economic growth in China. The data used for the study is a time series of the period from 1985-2016. These researches use the gross domestic product (GDP) as a dependent variable. For the independent variables, this research using the total population, employed persons, consumer price index, and value-added tax. The current findings add to a growing body of literature on identifying the properties of VAT in China and identifying the tax system reform from 1993 to 2012 and the mechanism of transfer application of the business tax in the services sector to Value-Added Tax. The test result indicated to have a positive relationship between the GDP and independent variables value-added tax in both in the long and short-run
The Determinants of Biodiesel Export in Indonesia Andika Pambudi; Eka Puspitawati; Nursechafia Nursechafia
Signifikan: Jurnal Ilmu Ekonomi Vol 8, No 2 (2019)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (54.272 KB) | DOI: 10.15408/sjie.v8i2.10961

Abstract

This study investigates the competitiveness of Indonesian biodiesel export among the top seven of biodiesel trader countries in the world, as well as the factors that determine export for Indonesian biodiesel. Applying Revealed Comparative Advantage (RCA) analysis, the results show that Indonesia has good competitiveness of biodiesel in the world. Using secondary data, the results of the gravity model indicate that distance of trade destination countries harms the Indonesian biodiesel export. Meanwhile, price, exchange rate, and GDP have a positive effect on the export. Based on the results of this study, the government of Indonesia should focus on the development of the biodiesel industry, since the increasing importance of biodiesel as alternative energy in the world
Macroeconomic Variables and Foreign Direct Investment Inflows in Turkey Saliha Meftah; Abdelkader Nassour
Signifikan: Jurnal Ilmu Ekonomi Vol 8, No 2 (2019)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (295.67 KB) | DOI: 10.15408/sjie.v8i2.10560

Abstract

Foreign direct investment (FDI) is an essential factor in the development of a country. This study aims to examine what factors influence foreign direct investment. By using the vector error correction model, the research shows that there is a long-term causality relationship between exchange rates and inflation with FDI. However, in the short term, there are no variables that affect FDI. Besides, the Granger causality test shows causality in the direction of GDP and FDI, while other variables do not have causality. This research has implications for policymakers to pay attention to macroeconomic variables in increasing the flow of foreign direct investment.
Agglomeration and Urban Manufacture Labor Productivity in Indonesia Yohanes Nurcahyo Agung Wibowo; Toshihiro Kudo
Signifikan: Jurnal Ilmu Ekonomi Vol 8, No 2 (2019)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (355.412 KB) | DOI: 10.15408/sjie.v8i2.9316

Abstract

Agglomeration, the spatial concentration of industries in a specific location, has been argued to improve productivity since it could provide positive externalities such as knowledge spillover, input sharing, and labor pooling. This paper examines the effect of large and medium manufacturing industry (LMI) agglomeration on labor productivity. Measuring the output and labor density as agglomeration effect by using 2009-2014 panel data from 44 cities and regions across the metropolitan areas of Indonesia, this study shows that in terms of output share, agglomeration positively contributes to labor productivity. On the other hand, in terms of labor density, agglomeration results in a negative impact on productivity. These findings suggest the government should expand industrial clusters in less densely populated areas, especially outside the island of Java, by providing necessary infrastructures such as electricity, ports, and roads, so that this development creates favorable economic conditions for investment and industrial development in such areas.
Indonesian Life Expectancy: Role of Health Infrastructure and Socio-Economic Status Endri Kristanto; Akhmad Daerobi; Bhimo Rizky Samudro
Signifikan: Jurnal Ilmu Ekonomi Vol 8, No 2 (2019)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (604.82 KB) | DOI: 10.15408/sjie.v8i1.9579

Abstract

The purpose of this study is to analyze the role of health infrastructure and public socio-economic status on life expectancy in Indonesia. Health infrastructure indicators are health personnel, health facilities, and health insurance. Meanwhile, socio-economics indicators are dependency ratio, income inequality, and poverty. The models are estimated using a panel data set for 34 provinces in Indonesia from 2010 to 2016. This research is using a fixed-effect panel data approach. Empirical results show that health personnel and health insurance have a positive relationship with life expectancy. Dependency ratios and poverty also show a negative relationship with life expectancy. On the other hand, the availability of health facilities and income inequality have a weak relationship with life expectancy. This empirical examination result will help Indonesian governments to improve several aspects in order to increase life expectancy in Indonesia
Political Dynasties and the Moderating Role of Good Public Governance Dyah Setyaningrum; Hidayah Asfaro Saragih
Signifikan: Jurnal Ilmu Ekonomi Vol 8, No 2 (2019)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (314.321 KB) | DOI: 10.15408/sjie.v8i2.11636

Abstract

The purpose of this study is to investigate the phenomena of political dynasties in Indonesia and its effect on local government performance. Moreover, this study also examines the moderating role of good public governance on the relationship between political dynasties and local government performance. Political dynasties define as the condition where local government head/vice head has a family connection with the head/vice head from the previous period or in other local government or with the legislative member. We use paired matched sample from local government in Indonesia during 2010-2015. The result shows that political dynasties negatively affect local government performance. Good public governance is proven to weaken the negative effect of political dynasties on the local government performance. Indonesia's central government need to regulate the practice of political dynasty as it is proved to decrease local government performance and encourage implementation of good public governance to reduce the adverse effects of political dynasties.
Export Diversification and Economic Growth in Nigeria Philip Ifeakachukwu Nwosa; Fasina Oluwadamilola Tosin; Ogbuagu Matthew Ikechukwu
Signifikan: Jurnal Ilmu Ekonomi Vol 8, No 2 (2019)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (352.757 KB) | DOI: 10.15408/sjie.v8i2.9861

Abstract

The issue of export diversification has been contentious in Nigeria due to the country’s unstable growth pattern which is majorly associated with instability in the international oil market and the poor performance of other sectors of the economy. Therefore, this study examines the link between export diversification and economic growth in Nigeria from 1962 to 2016. The study utilizes the Auto-regressive Distributed Lag (ARDL) technique. The result of this study shows that export diversification has a positive but insignificant influence on economic growth in Nigeria. The above result implies that the oil sector still dominates the Nigerian economy while the diversification drive of the government has not been significant in other sectors of the economy. Thus, the study recommends the need for conscious economic policies that would promote the diversification of the entire non-oil sector of the economy. The study concludes that export diversification is an insignificant determinant of economic growth in Nigeria.

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