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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 855 Documents
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Multipler Effect in East Java (Input-Output Analysis Approach) Fahrizal Taufiqqurrachman
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 15, No 2 (2022): September 2022
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v15i2.35821

Abstract

This study aims to examine the fundamentals of the economy of East Java with an Interregional Input-Output analysis approach. Produce 5 leading sectors (BL 1 FL 1) namely manufacturing industry, electricity supply, gas, transportation and warehousing, information and communication and company services. Changes in final demand (Household consumption, LNPRT consumption, Government Consumption, Gross Fixed Capital Formation, Inventory Change, Overseas Exports, Exports Between Provinces) indicate that the processing industry is very dominant in experiencing changes. The multiplier impact 1) output is dominated by electricity, gas 2) income is dominated by the Defense Administration and Mandatory Social Security 3) Employment is dominated by agriculture, forestry and fisheries. The Impact of Spread including manufacture, procurement of electricity, gas, construction, transportation and warehousing, provision of accommodation and food and drink, information and communication, company services, health services, and social activities. The Degree of Sensitivity including agriculture, forestry and fisheries, manufacture, procurement of electricity, gas, wholesale and retail trade, car and motorcycle repair, transportation and warehousing, information and communication, company services.
Analysis of Government Spending on Education on the HDI Aan Riana; Muhammad Khafid
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 15, No 2 (2022): September 2022
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v15i2.38263

Abstract

Human development indicates a country’s progress. It is used to achieve economic growth. The purpose of this study is to find out how the development of the human development index (HDI) in Central Java in 2016-2020 and to analyze how much influence government spending on education, poverty, population, growth rate, and the minimum wage has on the human development index (HDI) in central Java. The results indicate that government spending on education, population and growth rate, has no significant effect. The results of panel data regression indicate that government spending on education has a probability value of 0.0727, and poverty has a probability value of 0.000, which is smaller than 0.05. It means that poverty significantly affects the human development index. The number of the working-age population has a probability value of 0.2411, the growth rate has a probability value of 0.0538, and the minimum wage has a probability value of 0.000, which is smaller than 0.05. It means that the minimum wage significantly affects the Human development index.
EDUCATED UNEMPLOYMENT AND PERSONAL CHARACTER Susanto, Joko; Siswanto, Yuni
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 15, No 1 (2022): March 2022
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v15i1.31715

Abstract

This study identifies the factors causing unemployment of vocational high school graduates due to the mismatch between the mismatch demand and supply of labor. The research uses primary data obtained from questionnaires to several vocational high school graduates accompanied by interviews with several entrepreneurs and labor experts in Yogyakarta Special Region. This study utilizes qualitative analysis obtained through focus group discussions (FGD) and the Delphi method to identify the cause of educated unemployment. The results indicate that the dominant factor in worker’s success is the personal character. The vocational high school graduates have advantages in hard skills and soft skills but they are weak in personal character. If they have not found jobs as they expected, they tend to wait for jobs vacancies. During the waiting process, they are included in the unemployed group. Their choices lead to educated unemployment. Therefore, all the stakeholders should strengthen the youth's character.
The Influence of Business Competitiveness on Relocation Decisions Bambang Dwi Suseno; Septiana Sari; Ahmad Maksum; Malik Fatoni
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 15, No 2 (2022): September 2022
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v15i2.32379

Abstract

This study aims to examine the causal relationship between wage policy, business competitiveness, and employee productivity on the decision to relocate the company's operating base as a research problem. The research method used is a survey method with a correlational quantitative approach, and the sampling technique used is non-probability sampling with a purposive sampling method. This research uses structural-based variance equations, SmartPLS variance, and SEM-based. The population in this study are managers who work in the footwear industry in Banten Province. The test results show that (1) wage policies have a significant effect on employee productivity; (2) wage policies have a significant effect on business competitiveness; (3) wage policies have a significant effect on business relocation decisions; (4) employee productivity has no effect on business relocation decisions; and (5) business competitiveness has a significant effect on business relocation decisions. The theoretical implication is that the findings of this study contribute to the theory of human resource economics and business competitiveness. The managerial implication of the results of this study is the importance of formulating appropriate wage policies and increasing employee productivity so that there is no relocation of companies outside Banten Province.
Impact of International Sports Event on Local Businesses: Insight from the Stallholders and Official Partners of the 2018 Asian Games Uka Wikarya; Amalia Adininggar Widyasanti; Mohamad Dian Revindo; Chairina Hanum Siregar; Calista Endrina Dewi
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 15, No 2 (2022): September 2022
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v15i2.36216

Abstract

International mega sports events commanding massive public spending are expected to stimulate the economic development of the host country. This study aims to examine the impact of the 2018 Asian Games Jakarta-Palembang on local businesses, captured through the perspectives of micro, small and medium-sized enterprises (MSMEs) and official partners of the event. Primary data were collected through face-to-face survey administered using questionnaire during and after the event, yielding usable responses from 284 stallholders in Jakarta and Palembang venues and 19 official partners. The results show that the respondents hired additional workers during the event and they also generated additional sales, profit of which was partly used to scale up their businesses. However, future event can generate greater impact to local businesses with more effective socialization, simpler registration, and better stalls arrangements including more strategic location, better electricity and water supplies, and easier loading access to the venues.
The Environmental Kuznets Curve Hypothesis: an Empirical Evidence in Indonesia Setiawan, Avi Budi; Anwar, Mochamad Syaiful
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 15, No 1 (2022): March 2022
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v15i1.38084

Abstract

The Environmental Kuznets Curve (EKC) hypothesis is the relationship between environmental and economic indicators forming an inverted U-curve. This paper aims to provide new insights using the long-term Vector Error Correction Model (VECM) technique. The research data use time series from 1974 to 2020. Empirical findings result in the formation of an open U-curve phenomenon. The immature post-industrialization stage in Indonesia hurts increasing CO2 emissions. Economic indicators as control variables that include population, consumption of electrical energy, and international trade ratios have a good impact on reducing CO2 emissions. The indicator of fossil energy consumption shows that Indonesia still has a dependence on non-renewable energy. After the ratification of the Kyoto Protocol in Indonesia, it does not have promising implications for reducing CO2 emissions. This paper provides important implications for establishing strict regulations to reduce CO2 emissions that contribute to climate change. In the future, the government must encourage people's behavior to save energy, optimize renewable energy, change energy demand patterns, transform low-carbon export products, and evaluate international agreements that impact the pattern of sustainable development in Indonesia.
The Determinant Factors of Poverty in Eastern Indonesia: Evidence from 12 Provinces Nur Rizqi Febriandika; Cahyaningtiyas Rahayu; Rahul Kumar
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 15, No 2 (2022): September 2022
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v15i2.36675

Abstract

This study aims to analyze the factors forming the number of poor people in Eastern Indonesia. Panel data regression was utilized as the analysis approach, with a cross-section comprising 12 provinces in Indonesia's Eastern Region from 2010 to 2018. This study will examine the effect of total government spending on education, government spending on health, labor force participation rate, regional minimum wage, investment, and the Gini index on poverty in Eastern Indonesia. The results showed that government spending on health and regional minimum wages had a negative effect on the number of poor people in Eastern Indonesia. The number of poor people in Eastern Indonesia will decrease if the realization of government spending on health and the determination of regional minimum wages increases. The increase in the realization of government spending in the health sector indicates that regional policies on the allocation of health spending have been carried out in a proportional, efficient, and effective manner so that they are right on target. Meanwhile, government expenditure on education, investment, labor force participation rates, and the Gini index has no effect on the number of poor people in Eastern Indonesia.
The Internet Costs’ Role in Indonesia's Creative Industry Competitiveness Gigih Prihantono
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 15, No 2 (2022): September 2022
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v15i2.37372

Abstract

The purpose of this study is to analyze the role of the Internet as a soft infrastructure medium in the framework of international trade facilitation. as part of international trade facilitation which is expected to be able to reduce barriers in Indonesia's trade with 18 trading partners in the export of creative industry goods by HS codes: 49, 91, 92, 95 and 97. The analysis method used  is a quantitative approach with panel data regression using a gravity model based on time series data with cross sections of 18 trading partners from 2008 to 2017. The results of the analysis show that the internet subscription price variable has a significant effect on increasing international trade. Other variables such as GDP, population, and distance have a significant positive or negative effect on international trade, while FTA does not have any effect on exports of creative industry goods.
Analysis of Market Structure and Performance on the Go Public Pharmaceutical Industry in Indonesia Muhammad Kanzul Fikri; Firmansyah Firmansyah
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 15, No 2 (2022): September 2022
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v15i2.39802

Abstract

This study aims to analyze the market structure and examine the main factors that influence the performance of the pharmaceutical industry in Indonesia, these factors are the Market Power Hypothesis (MPH) and the Efficiency Structure Hypothesis (ESH), where the debate between the two perspectives is still going on until now. The Market Power Hypothesis argues that market performance is the result of market power, while the Efficient Structure Hypothesis argues that market performance is a result of the ability to perform efficiency. The variable used to proxy MPH is market concentration, while the ESH is proxied using the variable of technical efficiency and scale. Next, the performance variable used is ROA. The type of data used is secondary data from the annual report of 8 pharmaceutical producers listed on Indonesia Stock Exchange (IDX) from 2010 to 2019. The analytical method used is DEA and panel data regression. The results showed that market concentration negatively affected ROA, while technical efficiency and scale had a positive effect on ROA. These results indicate that the performance (ROA) of the pharmaceutical industry in Indonesia is influenced by the level of efficiency rather than market power, so the results of this study support the Efficiency Structure Hypothesis (ESH) that efficiency is the key to success in the market. These results also support the Chicago School SCP framework that performance determines conduct and then market structure.
External Capital Analysis on Sustainability of MSMEs Led by Women Hana Fauzia; Alfiah Hasanah
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 15, No 2 (2022): September 2022
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v15i2.36811

Abstract

Micro small and medium enterprises (MSMEs) led by women have many challenges to confront continue to exist. Various external capitals come with advantages and disadvantages. The investigation looks at the business sustainability of MSMEs led by women by comparing banks or non-banking institutions as the source of the main capital as the main independent variables as well as other variables such as employee, characteristics of female entrepreneur; age, education, marriage status, participation in arisan, household characteristics ; asset, size, young children and  elderly member. The data from Indonesian Family Life Survey (IFLS)  2014 is used and probit estimation is applied. The result shows that women led MSMEs are more likely to sustained the business as much as 1.8 percentage points if they start the business from informal financial institutions/friends/family (non-banking) as a source of funding compared to women led MSMEs that start the funding from bank institutions.  Estimations results also show that factors such as age, education, participation in arisan, household size, and employee also positive and significantly contribute to the business survival of women led MSMEs. However, other factors such as married status, household assets, and having children, are negatively contribute to the business survival of women led MSMEs.

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