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Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan
Published by Universitas Muhammadiyah Surakarta
ISSN : 14116081     EISSN : 24609331     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan is a scientific journal that contains the results of theoretical research and studies on economic and development issues. Managed by Department of Development Economics, Faculty of Economics and Business Universitas Muhammadiyah Surakarta. Published by Muhammadiyah University Press.
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Articles 12 Documents
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Search results for , issue "Vol 23, No 1 (2022): JEP 2022" : 12 Documents clear
The Determinants of Food Consumption Expenditure in Central Java Eka Nurjati
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 23, No 1 (2022): JEP 2022
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v23i1.16788

Abstract

Food consumption is a basic human necessity that should be fulfilled. Although the investment level tends to increase in Central Java, the open unemployment rate also tends to increase. It is worrying that this condition will affect the society prosperity reflected by food security status. This research aims to analyze the consumption expenditure development in Central Java, identify the food consumption expenditure determinants, and formulate the food consumption fulfillment strategies. This research has quantitative characteristics by using the secondary data of Statistical Central Bureau. The research result shows the consumption expenditure proportion between food and non-food is nearly similar and tends to increase each year. The determinants, which affect the food consumption expenditure positively and significantly, are the non-food consumption expenditure, the gross domestic regional product (GDRP) of constant price, and the poverty rate. The food consumption fulfillment strategies in Central Java are directed by sustainability schemes covering economic, social, and environmental dimensions. The implementations are to strengthen the food security dimensions, the society income enhancement, the value chain optimization, the adoption of technology and knowledge, and the local food resources utilization.
The Impact of Macroeconomic Indicators on Indonesia’s Foreign Exchange Reserve Position Surya Rahmawati; Suriani Suriani
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 23, No 1 (2022): JEP 2022
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v23i1.17673

Abstract

A country’s foreign exchange reserves are its foreign currency savings that can be utilized to finance international transactions. The purpose of this study is to determine how macroeconomic indicators (exports, imports, exchange rates, inflation rates, and foreign debt) influence Indonesia’s foreign currency reserves. The researchers used secondary data in the form of monthly time series, as well as quantitative analysis using multiple linear regression. The model that was used was the Vector Error Correction Model (VECM). According to the research, future exports and external debt have a positive impact on Indonesia’s foreign exchange reserves. Indonesia’s foreign exchange reserves are negatively impacted by imports and predicted inflation rates, whereas the rupiah exchange rate has no effect. In the model, there is a short-run to long-run equilibrium relationship. The IRF results show that shocks from other independent variables have little effect on foreign exchange reserves and that the foreign exchange reserves variable contributes the most to the shocks that occur
Determinants of Indonesia’s Coffee Commodity with Trading Partner Countries Deassy Apriani; Feny Marissa; Gustriani Gustriani; Harta Sinta
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 23, No 1 (2022): JEP 2022
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v23i1.16081

Abstract

This study measures the Intra Industry Trade Index / Rubel Lloyd Index of Indonesia’s coffee commodities with trading partner countries (Singapore, Malaysia, Thailand, Vietnam and Philippines) and estimates factors the influence of Intra Industry Trade of Indonesia’s coffee commodities. The presented data is obtained from secondary data with the research period from 2000 to 2019 using panel data analysis to know the extent influence of the independent variables (average GDP, GDP value differences per capita, exchange rates and distance) on the dependent variable (Intra-Industry Trade). Based on the estimation results, it can be concluded that the integration degree of intra-industry trade for Indonesian coffee commodities with trading partner countries has varying degrees. This indicates that there is a dependence on the coffee commodity trade. The availability of coffee commodities in these countries is highly dependent on intra-industry exports and imports value between Indonesia and its trading partner countries.
The Role of Integrative Approach for Enhancing Credit Union Sustainability: A Reflection on The Indonesian Credit Union Movement Stephanus Eri Kusuma; Antonius Sumarwan; Titus Odong Kusumajati
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 23, No 1 (2022): JEP 2022
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v23i1.17851

Abstract

Most Indonesian credit unions still focus on providing financial services, paying less attention to the roles of credit unions in education, empowerment and flourishing social solidarity of their members. This condition makes credit unions hardly compete with other microfinance providers in Indonesia. While threatening their sustainability prospect, this condition also reduces the capacity of credit unions to empower their members. Inspired by the maximalist approach and the Ledgerwood’s system framework, we suggest an integrative approach for credit union services that is empowered by the optimization of network collaboration.
E-Finance Transformation: A Study of M-Wallet Adoption in Indonesia Eskasari Putri; Aflit Nuryulia Praswati; Nalal Muna; Nelly Purnama Sari
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 23, No 1 (2022): JEP 2022
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v23i1.15469

Abstract

In the era of industry 4.0, the advancement of financial technology has become one of competitive advantage for business. Small, mediun enterprises (SMEs) are encouraged to adopt certain information technology to increase productivity. Financial technology is one of prominent technology that has been widely adopted by SMEs. Specifically, m-wallet payment that promotes cashless society and improve transaction quality. The adoption of financial technology indicate the acceptance of reconfiguring financial management practices in business.Thus, e-financial transformation attempt to digitalize business operations and marketing. This research aims to examine the impact of perceived value, business pressure and technology infrastructure for e-financial transformation and SME’s performance. This is quantitative approach that uses field-survey questionnaire in Surakarta regency. The sampe is 150 owners of SME who have adopted m-wallet payment for transaction at minimum of 1 year. The result shows that perceived value, and technology infrastructure have significant impact on e-financial transformation. However, business pressure and e-financial transformation have no impact on SME’s performance.
Food Diversification and Dynamic Food Security: Evidence from Poor Households Dini Yuniarti; Yunastiti Purwaningsih; AM Soesilo; Agustinus Suryantoro
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 23, No 1 (2022): JEP 2022
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v23i1.16302

Abstract

An understanding of the determinants of household food security is fundamental for an appropriate food security strategy. Taking the cases in Kulonprogo and Gunung Kidul, Yogyakarta Special Region, we examine the effect of food diversification on the food security of poor households dynamically related to climate change. In addition, we investigate the impact of socioeconomic factors of human capital such as household age, education, household size, income, livestock, land ownership, and dynamic location on food security. There are four categories of dynamics of food security, namely always safe, improving, worse, and always food insecure. We use primary data with longitudinal surveys during El Nino and La Nina. The sample size is 195 households receiving the Family Hope program. To examine the relationship between livelihood assets and food security dynamics, we used Multinomial Logit Regression. The study found that food diversification significantly increases the food security of poor households. Besides that, income, maternal education, livestock, and land ownership can maintain household food security. Therefore, appropriate food security strategies can focus on food diversification programs, education, and financial sector interventions.
Estimating Aggregate Consumption Function in Indonesia: An Error Correction Approach Panji Kusumo Prasetyanto; Jihad Lukis Panjawa; Jalu Aji Prakoso; Suci Nasehati Sunaningsih; Deni Ramdani
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 23, No 1 (2022): JEP 2022
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v23i1.16104

Abstract

The aggregate consumption pattern in Indonesia tends to be volatile due to economic, social, political instability, and disasters affecting consumption expenditure and social welfare. Relooking at public expenditure and its determinant with the 1992-2019 time series is the focus of current research. This review aims to find out the change of aggregate consumption in Indonesia with the Life-Cycle Hypothesis. The method used to authenticate the research was the Direct Error Correction Model. Using this approach, short- and long-term consumption estimation will be found that is useful to stakeholders. The result of the test shows there is a relationship between determinants and aggregate consumption in Indonesia in both the short and the long terms. In short term, inflation affects the change of aggregate consumption, while in the long term, GDP, interest rate, and inflation affect consumption. Estimation building on hypothesis testing is useful to policymakers, particularly for macro-credential adjustment.
Women’s Literacy Rate and Women’s Labor Participation in ASEAN Salma Audiena Al Faizah; Winny Perwithosuci; Nur Hidayah; Ali Zainal Abidin
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 23, No 1 (2022): JEP 2022
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v23i1.17183

Abstract

Women have an essential contribution to economic growth and development. However, according to data, the Gender Inequality Index (GII) is still relatively high in developing countries, so special attention should be paid to aspects of women’s empowerment, health, and participation in the labor market as an indicator in measuring GII. In women’s empowerment, women’s education and women’s literacy are thought to affect women’s labor force participation. This study aims to examine and analyze the effect of women’s literacy rates on female labor force participation in ASEAN countries from 2010- 2017. The method used to analyze the effect on the model is the static panel data method. The results show that countries with high female literacy rates also have high female labor participation rates. The results help economists and policymakers evaluate measures to optimize women’s labor market decisions and empower women by improving women’s literacy rates.
The Role of MSEs Loan in Achieving Inclusive Development in Bali Province Putu Ayu Pramitha Purwanti; I Ketut Ksama Putra; Ni Putu Wiwin Setyari; Luh Gede Astariyani
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 23, No 1 (2022): JEP 2022
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v23i1.16811

Abstract

This study is aimed to look at the effect of credit sourced from the banking sector on the MSE’s income in each Regency/City of the Bali Province. This is important because the inclusive development index in Bali Province tends to increase, but the standard deviation for each Regency/City shows an increase until 2017. This condition indicates that development is still relatively unequal between Regencies/ City. By using the data from the Economic Survey 2016 from BPS and processed using the Propensity Score Matching (PSM) method, the results confirm that credit recipients have significantly higher incomes than those who do not receive. Theoretically, additional capital accumulation will encourage faster economic growth in relatively poor areas compared to richer areas, causing convergence in the two regions. The results of the analysis show that MSE actors in districts with lower growth get higher additional income, thus enabling equitable development in Bali.
Competitiveness and Flow of Indonesian Paper Trade in The Global Market Leo Rio Ependi Malau; Nur Arifatul Ulya; Edwin Martin; Raissa Anjani; Bambang Tejo Premono; Tri Yulni
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 23, No 1 (2022): JEP 2022
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v23i1.17648

Abstract

Indonesia has the opportunity to increase the share of paper exports in the world due to the declining dominance of NORSCAN (North America and Scandinavia). The momentum is not only an opportunity for Indonesia, but also other paper exporters in Asia and Latin America. This research aims to analyze the competitiveness and determinants of Indonesia’s paper trade flow using secondary data in 2001- 2020 with 11 main export destination countries as objects using Revealed Comparative Advantage (RCA), Export Product Dynamic (EPD) and Gravity models. The RCA analysis showed Indonesia’s paper has competitiveness in 11 export destination countries with diverse growth rates. This is in line with Indonesia’s paper market position as Rising Star in 5 countries which means that Indonesian paper commodities are in a market with high demand growth and market share. Gravity model estimates show that Indonesia and importers real GDP per capita, as well as the level of competitiveness positively affects Indonesia’s paper exports, inversely, export prices and dummy Technical Barrier to Trade (TBT) give negative impact. Based on these results, efforts to increase exports should be done by promoting paper to market with Rising Star and large economies such as China and USA as the priority choices.

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