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INDONESIA
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 2 (2018): September 2018" : 30 Documents clear
Monetary Policy, Foreign Interest Rate impact on Indonesian Bank Credit Dawood, Taufiq Carnegie
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 2 (2018): September 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i2.16056

Abstract

This study adds to the economic knowledge by presenting proof based on data for Indonesia, on the consequence to credit provided by domestic banks, due to changes of monetary policy and foreign rates of interest. The subject matter is important for Indonesia because about 88 percent of its overall financing to the private sector in Indonesia are provided by domestic banks through credit channels. Consequently fluctuations of bank credit have significant impact on Indonesia’s financial system’s stability. Applying the Structural VAR method, the current study found that credit channeled by domestic banks in Indonesia are influenced by both rates of interest from abroad and the policy stance of Bank Indonesia. In addition it is found that foreign rates of interest effects bank credit negatively, but turns positive after 12 months. While a monetary contractionary monetary stance by Bank Indonesia decreases the quantity of credit provided by banks. These results underscores the limitation of monetary policy in managing bank credit growth. This results also underlines the need of Bank Indonesia to take into account the impact of foreign interest rates in conducting macro-prudential policies in overseeing credit growth to promote financial stability in Indonesia.
Corruption, Poverty, and Economic Growth (Causality Studies among Asean Countries) Yunan, Zuhairan Y.; Andini, Ayu
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 2 (2018): September 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i2.16061

Abstract

Corruption has causal impacts on economic and social development indicators. The discussion on this issue is widely interesting among economists, especially in Southeast Asia Countries which have been considered that has as a corrupt governance system. The objective of this study is to analyze the causality of corruption, poverty, and economic growth among ASEAN countries between 2002 and 2015. Four countries have been choosen since they have the same characteristics in term of the indicators presented. Granger causality test and Random Effect Model have been used to answer problem question of this paper. The results show that statistically, both of economic development indicators have a significant effect to corruption, while each indicator has a different direction. Meanwhile, causality test presents a tendency in Philippines. Hence, it is only economic growth is affecting corruption significantly and it occurs between poverty and corruption as well. In Thailand, different result shows that the causality happenes poverty and economic growth indicators. However, Indonesia and Malaysia have no causality at all.
Women’s Control Over Economic Resources Effect to Family Welfare Setyari, Ni Putu Wiwin; Widanta, A.A Bagus Putu; Purbadharmaja, Ida Bagus Putu
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 2 (2018): September 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i2.16051

Abstract

Within the framework of neo-classical analysis, each individual is assumed homogeneous. However, homogeneity assumption becomes incompatible when discussing human behavior. Latest literatures conclude that men and women allocated resources under their control in different ways systematically. This study was intended to see whether there is an increase in the household’s welfare if the head of household is a women and granted credit access to financial institutions. Women’s access to all financial services, is essential to allow them to benefit fully from economic opportunities. The data used came from the Indonesian Family Life Survey (IFLS) for two last waves (IFLS 2007 and 2014). Analyses were performed using fixed effect model to overcome the unobserved heterogeneity, especially in terms of the individual character. The results indicated that the credit received by the female head of households can significantly increase household income. These results support the policy of increasing women empowerment in order to improve family welfare.
Infrastructure and Labour Productivity Convergence in Gunungkidul Region Udjianto, Didit Welly; Susanto, Joko; Purwiyanta, Purwiyanta
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 2 (2018): September 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i2.16057

Abstract

The paper examines whether labour productivity converges or diverges. This research estimates the convergence of labour productivity, and the effects of infrastructure to support this convergence, based on a set panel data comprising 18 districts in Gunungkidul Regency from 2009 to 2016. The secondary data published by the Statistics of DIY is used in this study. The infrastructure includes educational facilities, health facilities and length of the road. A fixed-effect model presents that there is a process of convergence of labour productivity among districts in Gunungkidul Regency. Moreover, the result shows that infrastructure has a positive effect on labour productivity. This research finds that labour productivity, in the lagging districts, tends to grow faster than advanced ones. Thus, the labour productivity gap between districts will disappear. A better educational and health facilities supports the speed of the knowledge transfer process to generate productive labour. For supporting the convergence of labour productivity, the local government has to improve infrastructure especially in lagging districts. Likewise, improvements in road facilities solve the problem of high-cost distribution to increase labour productivity.
Does Political Dynasty Cause Poverty? Guritno, Danur Condro; Samudro, Bhimo Rizky; Soesilo, Albertus Magnus
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 2 (2018): September 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i2.16062

Abstract

The delegation of central government authority to local governments can encourage policy or program targeting to be more targeted because it is indispensable for poverty reduction. Education and health are considered to be capable of alleviating poverty. This paper aims to find out the amount of budget based on Act no. 20/2003 Article 49 on National Education System (Sisdiknas) and Act no. 36/2009 Article 171 on Health in the area of political dynasty of regeneration type (vertical) and to find out the average decrease or increase of poverty rate per year in regional of political dynasty. This is descriptive research, using the ratio analysis of regional expenditure per function. This paper shows that during the period of 2005-2017, all the allocations of regional education budget of political dynasties (regeneration type) have been in accordance to the law. While the allocation of health budget, there are 3 regions from 12 regions of political dynasty that have not fulfilled the law, in addition, the area of political dynasty is able to reduce poverty with an average decrease of 0.2% -1.5% per year, and based on the average national poverty is 8 out of 12 regions of political dynasty in the poor category.
The Urban Sustainability Index in Urban Aglomeration Pujiati, Amin; Bowo, Prasetyo Ari; Nihayah, Dyah Maya
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 2 (2018): September 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i2.16052

Abstract

The regional autonomy positively impacts regional development in terms of competitiveness. Each area tries to have advantage from other areas. One of the parameters of city competitiveness is the concept of sustainable cities. This study aims to identify cities based on sustainable urban development indices in six urban agglomeration area of Semarang: Semarang city, Semarang regency, Kendal regency, Grobogan regency, Demak regency and Salatiga city. Methods of data collection with questionnaires, interviews and documentation. Respondents in this study were the general public, policy makers, and academics. The results showed, based on the sustainable urban development index of the Sustainable Urban Development Indonesia Forum, six districts in urban agglomeration area of Semarang are categorized as less sustainable in 2016. The regencies in the urban agglomeration areas of Semarang indicate the index result of 103,00 - 127,83. The average contribution of the urban leadership, the urban governance, the urbanization and population, the housing and settlements variables are high, while the disaster risk and the climate change, the waterfront areas, the mass transportation, the local economy and informal sector, the preservation of cultural Heritage, the natural heritage and the local Wisdom, the green Open Spaces, the emissions and energy variable are still low.
Batik SMEs Efficiency and Entrepreneurship Role in Innovation Kurniati, Edy Dwi; Prajanti, Sucihatiningsih Dian Wisika
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 2 (2018): September 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i2.16058

Abstract

In the long term, batik SMEs to compete in the local and global markets can not only rely on production capabilities rooted in local sources of uniqueness, but must have efficiency of economies scale for resource access and innovation. In a competitive environment, entrepreneurs in the batik industry have an important role to improve the efficiency. This study analyzed the role of entrepreneurs in the economic efficiency. This study applies production model to describe the entrepreneurs role on economic efficiency. The study was conducted by interviews to 100 Batik SMEs managers-owners in the Batik Centre in Solo, Pekalongan and Rembang. The entrepreneurs role in innovation in term of product innovation, marketing innovation, and business alliances (cooperatives). Data analysis was performed using Stochastic Frontier and Deterministic Regression Analysis. The empirical results of the technical inefficiency effects model suggest that the entrepreneurs role in product innovation, marketing innovation and business alliances are important factors affecting economic efficiency of batik SMEs. The role of entrepreneurship in marketing innovation has the highest elasticity of the production and sales of batik, and then followed by the role of entrepreneurs in new product innovation and business alliances.
Fiscal Health in Local Government Based on Soft System Suryawati, Dina; Suryono, Agus; Saleh, Choirul; Muluk, Mujibur Rahman Khairul
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 2 (2018): September 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i2.16048

Abstract

The purpose of this paper is to identify problems and construct a conceptual model related to the local fiscal health condition. The local fiscal health condition is highly dependent on many factors, indicating that local finance is a complex, systemic and unstructured process. The main emphasis in this research is that the researchers attempt to explore the problem situation with the interpretive and naturalistic approach toward the local fiscal health condition and to study, understand, and interpret the meaning of phenomenon. This study uses a soft system methodology (SSM) that is a systemic approach to describe unstructured issues with a structured approach. The successful conceptual model constructed in this research is the survival mechanism of revenues and expenditures model. The results of this study indicate that the main problem of fiscal health condition is from both revenues and expenditures. Revenues problem is indicated by the low local fiscal independence, while expenditures problem is by the high indirect personnel expenditures. The location taken as the unit of analysis was Bondowoso Regency, East Java, Indonesia with the consideration that Bondowoso Regency is one of the four underdeveloped regencies in East Java Province.
Government’s Cash Transfers And School Dropout In Rural Areas Setyadharma, Andryan
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 2 (2018): September 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i2.16125

Abstract

Indonesia is committed to education but the Government of Indonesia still struggle with dropout problem at upper secondary school level, especially students from rural areas who dropping out of school before graduating. The dropout events can be explained through the demand for education. In 2008 Government of Indonesia introduced Bantuan Siswa Miskin program, the Cash Transfers for Poor Students (recently is known as Kartu Indonesia Pintar), in order to reduce numbers of dropouts. The program is mainly to cover students’ indirect costs and is implicitly used to increase students’ demand for education. The objective of this study is to get better understanding on the impact of government’s cash transfers on rural students’ dropout at upper secondary schools in Central Java Province. Primary data was collected from rural areas in all regencies and cities. The likelihood to drop out is estimated using Probit regressions. There are two main findings in this study. First, the result shows that higher education expenditure is significantly increasing the probability of rural students to drop out. Second, it is evidence that government’s cash transfers significantly diminish the rural students’ likelihood of dropping out. Based on the findings, it is suggested the Government of Indonesia must reduce education costs and the government also should expand the number of cash transfers for poor rural students.
Empirical Analysis of Human Capital Convergence in Indonesia Anwar, Aminuddin
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 11, No 2 (2018): September 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i2.16053

Abstract

This research analyzes the convergence hypothesis that applied to human capital which is one of important factor for economic development. This model applied to analyze the condition of provinces in Indonesia that have different conditions of human capital between regions for 33 provinces in Indonesia for two period between 2004 to 2010 and 2010 to 2016. This study uses data panels in estimating with fixed effects model as the best model choice. The result of the analysis for sigma convergence model is a decrease of global dispersion of human capital growth in Indonesia for the both periods. The results of beta convergence confirm the existence of absolute and conditional convergence model for the both periods. The determinants of human capital convergence in first period are economic growth, poverty, illiteracy, access to sanitation, access to clean water, number of health centers, and number of universities. Meanwhile different conditions are shown in the second period where the determinants of conditional convergence of human capital are determined only by economic growth, poverty, and sanitation access.

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