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Economic Journal of Emerging Markets
Published by Universitas Islam Indonesia
ISSN : 20863128     EISSN : 2502180x     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
The Economic Journal of Emerging Markets (EJEM) is a peer-reviewed journal which provides a forum for scientific works pertaining to emerging market economies. Published every April and October, this journal welcomes original research papers on all aspects of economic development issues. The journal is fully open access for scholarly readers.
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Articles 6 Documents
 1 
Search results for , issue "Volume 1 Issue 2, 2009" : 6 Documents clear
Fiscal and Monetary Policy for The Development of Indonesian Plantation Suharyadi Suharyadi
Economic Journal of Emerging Markets Volume 1 Issue 2, 2009
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v1i2.2278

Abstract

The global monetary crisis in 2007-2008 and the focus of development on climate changesmake it important to promote a healthy economic growth based on the local resources, Theeconomic crisis, which has slowed down the economic growth and has caused job losseswhich result in increasing unemployment and poverty, should alter the focus of Indonesianeconomic development in the future to be based on renewable and sustainable local resources.Indonesia is an agricultural and maritime country so these two aspects should be thecore of the growth. In agricultural culture, plantation sector is the source of sustainable economicgrowth because of its geographical, demographic, and cultural potentials. The problemsin plantation sector are the low growth of areas and productivity as well as its limitedend-products. The research findings indicated that in order to increase areas, there should bea guarantee on investment, interest rate, and little retribution or good governance. To increaseproductivity, we need a guarantee on fertilizer price, interest rate, and wages, as wellas pricing factors to avoid market distortion. This is very important relating to the economicstimulus policy which is essential to revitalize from the economic doom in the future.Keywords: plantation sector, area, productivity, investment, interest rate, and wages
The Economics Efficiency of Cyprinus Carpio Growout Cultured In Running Water Pond Lindawati Lindawati; Tajerin Tajerin
Economic Journal of Emerging Markets Volume 1 Issue 2, 2009
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/vol1iss2aa2276

Abstract

This study is estimating the production economic efficiency of running water pond, cultured-Cyprinus carpio growout. Primary data is analyzed using Cobb Douglas function approach.The result indicated that factors which significantly affected production were fishseed,fish-feed, and labor. The efficiency analysis showed that actual Cyprinus carpio growouthad not reached its efficient level, since input usage was below its optimum level, thusthe maximum profit was not gained. To be able to gain more profit, according to the calculationunder the optimum condition assumption, running water pond, cultured Cyprinus carpiogrowout had to reduce fish-seed usage while increasing fish-feed and labor usage.Keywords: efficiency, economic of scale, Cyprinus carpio growout, running-water-system
A Causality Relationship Between Tax Revenue and Government Expenditure In Indonesia Jaka Sriyana
Economic Journal of Emerging Markets Volume 1 Issue 2, 2009
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v1i2.2275

Abstract

This paper attempts to model the relationship between tax revenue and government expenditurefor Indonesia over the period 1970-2007. The empirical analysis employs tests of cointegrationand Vector Error Correction Model (VECM). The empirical evidence suggests thatthere is a long run relationship between tax and government expenditure, but in the shortterm, the model explains unidirectional causality relationship, namely from tax revenue togovern ment expenditure This finding indicates that the budget deficit increase continuously,which threaten the fiscal sustainability in the long term. It suggests that the governmentshould organize a better management on public finance policies to support the tax-spend fiscalpolicy.Key words: tax, government, causality, expenditure, cointegration.
How Effective is Property Right to Deter Deforestation in Indonesia 2001-2005 Rokhedi Priyo Santoso
Economic Journal of Emerging Markets Volume 1 Issue 2, 2009
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v1i2.2277

Abstract

The rate of deforestation in Indonesia is higher than the world average. The lack of propertyrights could potentially result in overexploitation on forest resources. This paper argues thatthe presence of assigned property rights (natural forest concession) would prevent furtherdeforestation in Indonesia. Using panel data estimation, the main result is that natural forestconcession is negatively significant in influencing deforestation in Indonesia. This effect isexplained by relatively high of the elasticity of deforestation rates with respect to area of assignednatural forest concession accounted for 0.33. This elasticity outweighs the positivesignificant effect of logs production in worsening deforestation in Indonesia.Keywords: deforestation, property right, natural forest concession, panel data
Indonesia Export, Import, and Demand for Domestic Commodities under Economics Liberalisation Andi Irawan
Economic Journal of Emerging Markets Volume 1 Issue 2, 2009
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v1i2.2274

Abstract

The aim of this research is to identify the behaviour of export, import and domestic commoditiesdemand in liberalization era both in the long run and the short run. This researchapplies the Vector Error Correction Model, Johansen Cointegration Test, Impulse ResponseAnalysis and Granger Causality Test. The data range from 1993:01 to 2002:12. The resultshows that in the long run the cross-price elasticity of imported non agricultural goods withrespect to demand for domestically produced goods have lower magnitudes than own priceelasticity of domestically produced goods. The demand elasticity of import commodities iselastic but that of domestic commodities is inelastic.Keywords: Import, Export, Economic Liberalization, Vector Error Correction Model
The Factors Influencing on Consumption of Palm Cooking Oil in Indonesia Ermy Teti; Sakti Hutabarat; Asriati Nofionna
Economic Journal of Emerging Markets Volume 1 Issue 2, 2009
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v1i2.2279

Abstract

Cooking oil is one of the most sensitive basic needs in Indonesia. The aims of the researchare to analyze factors influencing consumption of cooking oil, the cooking oil price, and theCrude Palm Oil price in Indonesia. Using simultaneous equation model, the study show thatpalm cooking oil consumption is significantly affected by domestic palm cooking oil priceand number of population. Whilst palm cooking oil price is significantly influenced by thecooking palm oil production and the domestic Crude Palm Oil price. Finally, the domesticCrude Palm Oil is significantly affected by international Crude Palm Oil price.Keywords: consumption, cooking oil price, crude palm oil price and cooking oil

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