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JEJAK
Published by Universitas Negeri Semarang
ISSN : 1979715X     EISSN : 24605123     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
JEJAK: Jurnal Ekonomi dan Kebijakan p-ISSN 1979-715X | e-ISSN 2460-5123 is a scientific journal that contains the results of research and theoretical studies in the field of economic development, especially on matters of economic policy in Indonesia was published by the Department of Economic Development, Faculty of Economics, Semarang State University and Indonesian Economics Bachelor Society.
Arjuna Subject : -
Articles 30 Documents
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Search results for , issue "Vol 11, No 1 (2018): March 2018" : 30 Documents clear
Strategy to Increase the Competitiveness of SME’s Entreprises Yanah, Yanah; Nakhwatunnisa, Haulah; Sukarno, Tri Amalia
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 1 (2018): March 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i1.11705

Abstract

The purpose of this study is to determine what factors can improve the competitiveness of SMEs and how big those factors affect the improvement of competitiveness of SMEs and what strategies should be done by SMEs in the face of ASEAN economics for the business actors of SMEs in Indonesia in particular in Cirebon district can compete with foreign business actors in terms of products and trained human resources so as not to be a spectator in the State itself in global competition. The method used is a survey research methods and data analysis tool used is path analysis. The population in this study is SMEs that run business activities in Cirebon regency as much as 10.975 SMEs. The sampling technique is simple random sampling, the sample size in this study as many as 100 SMEs. The research instrument used is the questionnaire. The results of the research note that funding variables, entrepreneurship training, business assistance and partnership have an effect on competitiveness in facing ASEAN economics. Among the variables that have the most influence on competitiveness are partnerships, while the variables affecting the ASEAN economy are competitiveness variables.
Does Equity Market Integration Exist Between Turkey and the Eurozone? Usman, Berto; Kassie, Nega Muhabaw; Wahyudi, Fitra
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 1 (2018): March 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i1.12488

Abstract

This research investigates the existence of stock market integration between Turkey and the Eurozone. In this study, the performance of Turkey’s stock exchange is proxied by the BIST100, and the EURO STOXX50 is employed as a proxy for the Eurozone index. We hypothesize that there is a dynamic relationship between Turkey and the Eurozone. Methodologically, our research was conducted by employing monthly time series data obtained from EIKON datastream International. In order to demonstrate the extent of equity market integration between Turkey and Eurozone, a vector autoregression model (VAR) was utilized. According to the results, there is no co-integration between these two equity markets. This is in line with the output of residual matrix test, where the correlation between these two market indices was found to be low. However, a Granger causality test indicated that there was a low one-way contribution from Turkey to the Eurozone index during the observation period.
Impact Evaluation of Raskin Program using Matching Method: Case of IFLS 5 Sadono, Endiarjati Dewandaru
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 1 (2018): March 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i1.9192

Abstract

Beras untuk Keluarga Miskin (RASKIN) program has been applied since 1998 and has been renamed as Beras Sejahtera (RASTRA) in early 2017, but their effectiveness is still debatable. This study tries to evaluate the impact of RASKIN program on household income. Using data from 3,745 households in Indonesia Family Life Survey (IFLS) 5 that has been estimated using propensity score matching, this study has identified precisely that RASKIN program has a negative and significant effect on household income. This happens because the benefits that reveived by Rumah Tangga Sasaran (RTS) are very small. The small benefit is affected by the amount of rice received, frequency and price that have been paid to get RASKIN is not in accordance with the guidelines. The result of this study is along with previous studies, where the amount and price of rice that distributed through RASKIN program is not exactly correct. Therefore, there must be a change in program format, not just renaming from RASKIN to RASTRA only.
Monetary Policy Transmission : Does Maintain the Price and Poverty Stability is Effective? Novalina, Ade; Rusiadi, Rusiadi
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 1 (2018): March 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i1.12652

Abstract

This study analyzes the effectiveness of monetary policy transmission of emerging market countries, both short and long-term in maintaining economic stability and reducing poverty. The main problem in this paper is that monetary transmission is incapable of controlling the economy and reducing poverty. There are five countries selected such as India, Brazil, China, Russia, and Indonesia. Long-term prediction analysis using Vector Auto Regression (VAR) model is performed to predict five emerging market countries using Regression Panel. It results suggest that monetary policy transmission affecting the number of poor people should be controlled in three stages. In the short-term, the transmission of export variables and inflation controls the number of poor people. In the medium-term, the control of the number of poor people uses variables of inflation and exports while in the long-term uses exports and Gross Domestic Product (GDP). Overall, all economic variables of emerging market countries are greatly influenced by the fluctuations of each country's exports, then by food price stability as measured by food price inflation. The result of regression panel analysis is known that the factor that most influence the poor people in emerging market country is GDP. Exports also affect poor people such as Indonesia, China, and Russia. Inflation also causes poor people like India and Brazil. The countries that have the most impact on economic fluctuations on the number of poor people are India, Indonesia, China, Brazil, and Russia.
Convergence Analysis of Economic Growth in East Java Amalia, Sri Karima; Santoso, Dwi Budi; Sasongko, Sasongko
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 1 (2018): March 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i1.9643

Abstract

Convergence and divergence of economic growth is a regional economic issue. The concept of convergence occurs when areas with poor economies tend to grow faster than areas with a rich economy whereas divergence occurs otherwise.  East Java has a high economic growth but has a high inequality between districts/municipalities as well.  Based on the concept of the inverted U-shape of the Kuznets curve, the East Java situation thus indicates that East Java is at the starting point of economic development. Therefore, it is necessary to develop high economic growth with low inequality through acceleration of convergence by knowing the level of convergence of economic growth and acceleration factors of economic growth convergence of East Java. This study uses panel data from 38 districts/municipalities in East Java between 2005 and 2014 by adopting the model Barro & Sala-i-Martin (1992) then the model specification in answering research objectives are sigma convergence, absolute convergence, and conditional convergence. The estimation results show that in East Java economic growth is convergent at a low level so that efforts need to accelerate the convergence that can be reached through 5 (five) development policies, (i) equalization of basic infrastructure such as access equity (ii) equal distribution of energy availability, (iii) equalization of investment, (iv) equal distribution of labor force, and (v) equality of labor productivity
Economic Valuation of Tourism Attraction of Jatijajar Cave in Kebumen Regency Susilowati, Indah; Syah, Angga Ferdinan; Suharno, Suharno; Aminata, Jaka
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 1 (2018): March 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i1.13523

Abstract

The research aims at estimating the level of Willingness to Pay of the tourists for the Tourism Attraction of Jatijajar Cave in Kebumen Regency. The primary data is obtained from 105 respondents by using the Multistage Sampling and five key persons by using the Purposive Sampling. The characteristics of respondents show that some of the tourists are male, around 21 to 30 years old. The result of Contingent Valuation Methods shows that the WTP of the tourists of Jatijajar Cave has the average about Rp 17,000.00 and the total value of WTP is about Rp 5,231,410,000.00. The novelty in this research is using Contingent Valuation Methods approach to educate the visitors through the hypothetical-market that has been built by two scenarios of willingness to pay for the visitors at Jatijajar Cave tourism attraction as a compensation for the development of tourism attraction.
The Impacts Analysis of Creative-Products Export on the Economy Sukma, Muhammad; Hartono, Djoni; Prihawantoro, Socia
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 1 (2018): March 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i1.11337

Abstract

The increase of export value of creative industry in the middle of the declining export value of Indonesia's leading commodities during the period of 2011 to 2015 indicates that the creative industry potentially encourages the economic growth in Indonesia. This study aims to observe the linkages of creative industries, both forward and backward linkages, with other sectors in the economy. This study also examines the impacts of the increasing export on the fashion and craft sectors, as the two largest contributors to the export of creative industries, towards the Indonesian economy. Applying the Input-Output approach, the influence of the export of fashion and craft sectors towards the Indonesian economy is seen from the multiplier effects on the increasing value added, community income and labor absorption. The results show that fashion exports increased the national value added by 0.06%; community income 0.06% and employment 0.11%. Similarly, craft exports increased the national value added by 0.05%; income by 0.05% and employment by 0.11%. The largest increase is in the labor absorption; this is because the fashion and craft sectors are labor intensive sectors.
The Development Strategy of Local Competitive by Metal Industrial Sasana, Hadi; Atmanti, Hastarini Dwi; Muid, Dul
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 1 (2018): March 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i1.13522

Abstract

In the era of globalized demands readiness state or area to be able to compete. This study dug condition flagship cluster in Central Java that is industrial metal casting in Klaten Regency. Methods of analysis using qualitative and quantitative analysis (R/C Ratio; Analytical Hierarcy Process). Using primary data as well as secondary data collected from selected samples or related institutions. Those results found: (1) the actors cast metal Small medium enterprises (SME) efforts largely have joined in a group/cluster (2). Based on the analysis of the feasibility of the effort, all the effort in the area of the cluster of decent run because it has a value of R/C ratio is more than 1 (one) (3). Industrial cluster development priority scale cast metal are: marketing, production aspects, aspects of the infrastructure, institutional aspects, and managerial aspects.
Reducing Regional Poverty Rate in Central Java Sriyana, Jaka
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 1 (2018): March 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i1.13272

Abstract

This paper elaborates some appropriate policies regarding regional poverty reduction in Central Java province. This research estimates a poverty model based on a set of panel data comprising 29 regencies and six cities from 2011 to 2016. A fixed-effect model presents that poverty rate has a negative association with regional economic growth, minimum wage level, number of unemployment, and the quality of human resources. The higher number of population significantly decreases poverty rate in each region. Also, this study indicates that there is more poverty rate in the eastern region than that in the west region.  Moreover, the percentage of the poverty rate in regencies remains higher than the level in the cities. Overall, these results indicate that the local governments have successfully managed the poverty issues in among regencies and cities. This research finds that local governments are on the right way in their public policies in the development process. For more effective in poverty reduction, the local governments in the eastern region have to improve their human resources quality.
How to Enhance MSMEs Readiness? an Empirical Study in Semarang Municipality Rusdarti, Rusdarti; Kistanti, Nurjanah Rahayu
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 1 (2018): March 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i1.13647

Abstract

The absence of maximum readiness of the existing Micro Small Medium Enterprises or SMEs in Semarang City in facing the ASEAN Economic Community (AEC) requires an effort to improve the quality and competitiveness of SMEs. According to this problem, this research had several objectives to achieve, namely  1) evaluating the readiness of Semarang Municipality’s SMEs from various aspects in facing Asean Economic Community (AEC), 2) preparing the strategies to improve Semarang Municipality's SMEs  business quality and capacity. This research uses descriptive and SWOT analyses. The research results indicate that SMEs in Semarang Municipality has been ready in facing AEC. The obstacles standing in the way of SMEs include poorly arranged administration, the absence of product standardization, and marketing. The strategies practicable to improve SMEs’ businesses in Semarang Municipality include improving and extending marketing network and organizing training, assistance and technology upgrade for SMEs to improve their product standard, value and quality.

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