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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
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Search results for , issue "Volume 12 Issue 1, 2007" : 6 Documents clear
Konservasi Lingkungan Kawasan Borobudur dengan Manajemen Berbasis pada Pembangunan Masyarakat Lokal Amiluhur Soeroso
Economic Journal of Emerging Markets Volume 12 Issue 1, 2007
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v12i1.518

Abstract

This research aims to seek expressive of level community toward living environment attributes that support the holistic conservation management of Borobudur area. Data were obtained from local community with structured questionnaire and conducted by using both factor and cluster analysis.The results indicate that community of Borobudur is in participation level. Besides that, their views which attributes of bio-geophysics are natural conservation and energy saving; economy attributes are tourism synergy and partnership, while attributes of socio-culture are safeguarding cultural identity and art performance of community. For the reason, the survival of Borobudur’s site in the future will fully depend on its sustainable development policy to those attributes. Management of Borobudur should have not to focus on sites, material or artifacts and shifting to space or area where human being is living.Keywords: Borobudur, cultural landscape, management, sustainable development
Pengeluaran Pemerintah dan Pertumbuhan Ekonomi Regional: Studi Kasus Data Panel di Indonesia Jamzani Sodik
Economic Journal of Emerging Markets Volume 12 Issue 1, 2007
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v12i1.516

Abstract

The aim of this study is to examine the affect of government expenditure on regional economic growth by using the data of 26 provinces for periods of 1993-2003, and by applying GLS method (General Least Square) with panel data. Factors that affect the regional economic growth are private investment (Ip), government investment (Ig), government consumption (Cg), and labor force (L), we also identify other factors that can influence the regional economic growth. This variable is the rate openness economic provinces (X-M).The results found the regional economic growth for periods 1993-2003 is influenced by government investments (Ig), government consumption (Cg), labor force (L) and rate openness economic province (X-M). However, private investments (Ip) do not affect to regional economic growth. Keywords: private investments, government investments, government consumption, regional economic growth, and panel data
Kejutan Pertumbuhan Nilai Tukar Riil Terhadap Inflasi, Pertumbuhan Output, dan Pertumbuhan Neraca Transaksi Berjalan di Indonesia Darwanto Darwanto
Economic Journal of Emerging Markets Volume 12 Issue 1, 2007
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v12i1.515

Abstract

This paper examines the effect of real exchange rate growth shock on the Indonesia economic performance by considering quarterly data of inflation, output growth and current account growth. We use the estimated impulse response functions and variance decomposition of VAR model to investigate the response of Indonesia macroeconomic to real exchange rate growth shock. The empirical evidence indicates that fluctuation of real exchange rate growth shock effects inflation and output growth, but it can not affect current account growth. Moreover, the results from the analyses suggest that the real exchange rate depreciations is contractionary that contrary to classical wisdom.Keywords: VAR, impulse response function, variance decomposition.
Efisiensi Teknis Usaha Budidaya Pembesaran Ikan Lele di Kolam (Studi Kasus di Kabupaten Tulung Agung, Propinsi Jawa Timur) Tajerin Tajerin
Economic Journal of Emerging Markets Volume 12 Issue 1, 2007
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v12i1.517

Abstract

Fish culture technical efficiency level is signal of fish farmer’s achievement concerning his managerial ability in managing important factors of production which affect the productivity of his business. The research aim to evaluated level of technical efficiency of catfish growth out culture and factors affecting. The research was conducted in Tulung Agung regency, East Java Province during September to December in 2005. The respondent of catfish farmer was selected by stratified random sampling method. The result of research showed that average of technical efficiency level received by catfish farmers in ponds was classified in middle – high category and relatively smooth. The main factor affecting the technical efficiency rate is catfish culture related family income share from the total income. Other proven conducive factors are catfish culture training, total per capita income, recommended technological adoption, participatory in catfish farming group and catfish culture farmer’s age. Since the technical efficiency level achieved is no where close to the frontier, therefore the development policy for catfish culture should be on spread group approach with application the culture technology are really imperative and innovate.  Keywords: technical efficiency, growth out, catfish, pond
An Econometric Analysis on Selected Socioeconomic Indicators: Evidence from State of Malacca, Malaysia Rosilawati Amiruddin; Ismadi Ismail; D., Agus Harjito; Wahyu Ario Pratomo
Economic Journal of Emerging Markets Volume 12 Issue 1, 2007
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v12i1.514

Abstract

In attaining a sustainable economic growth, the government or the relevant au-thorities must not disregard social life of the society. Economic development must coincide with the social development of the society. This study will endeavor to investigate the socio-economic level of household in the state of Malacca by gathering information on 334 house-holds located in the District of Alor Gajah. The main objective of this study is to view the socioeconomic level for selected indicators such as income, education and health. The method of this study is by the issuance of questionnaires which conform to the needs of this study. The methodology employed in analyzing the data obtained is through descriptive analysis and econometric techniques especially in examining the relationship between social and economic variables.The result of the study shows that the Malay households control the income in the district and have a higher educational level compared to other ethnics relatively. The cost of education for household depends on the income level, the members in the household which are still studying and the ethnicity. The district’s households still prefer to obtain health ser-vices provided by the government and the degree of dependency decreased accordingly with an increase in income. Although, this study is limited to only few socioeconomic indicators, it still can be considered as an initial step for further studies to be made on socio economy in the state of Malacca.Keywords: socioeconomics, household, econometric analysis.
Catatan untuk Maksimisasi Keuntungan: Sebuah Pertanyaan yang Ditujukan Kepada Prinsip “MC=MR” Munrokhim Misanam
Economic Journal of Emerging Markets Volume 12 Issue 1, 2007
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v12i1.519

Abstract

It has long been set that the condition for maximum profit is MC=MR. Moreover, this condition has been one of doctrines in microeconomics for decades since Professor Marshall changed the name of the area from Political Economy to be Economics. The condition is mathematically derived from the process of profit maximization. This article is trying to ask whether the condition is valid for every situation. There is one hole that makes this condition seems weird, that is, in the case of unitary elastic and inelastic demand. In the first case the condition dictates that the producer should take infinity mark-up, while in the second case the condition commands to make a negative mark-up which is of course unreasonable in either way. This article also explores the possible argument for this condition, which is linear demand curve. Still, this argument cannot cover the entire cases. Furthermore, this article argues that the demand producers always face is either non linear or constant-elasticity in nature. The imperfection of the condition stems from the fact that it fails to impose second order (sufficient) condition when maximizing profit. This article is trying to explore the assumption-free condition by imposing second order (sufficient) condition. The result even though a bit complex in its expression but it gives a strong implication.Keywords: MC, MR, profit maximization

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