Claim Missing Document
Check
Articles

Found 2 Documents
Search

Joglosemar in the investment vortex: Is inclusive growth just rhetoric? Manasika, Rina; Purnomosidi, Romanus Yoseph Kun Haribowo
Sebelas Maret Business Review Vol 10, No 1 (2025): June 2025 (Article in progress)
Publisher : Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/smbr.v10i1.101318

Abstract

Doubling per capita income may create the illusion of progress, but it hides a more troubling fact by obscuring the underlying socio-economic challenges. As a national economic, strategic area (Kawasan Strategis Ekonomi-KSE) and the golden triangle in Central Java Province - Special Region of Yogyakarta, the achievement of inclusive economic growth in the cities of Yogyakarta, Surakarta, and Semarang remains a question. This study aims to analyze the role of investment in the leading sector in achieving inclusive economic growth in the Joglosemar reliable area. The objective was achieved using location quotient (LQ), shift share (SS), Klassen typology analysis methods, and path analysis. As a result, developing strategic projects and establishing Joglosemar’s main development area, which attracts investment in leading sectors, have not created inclusive economic growth. Foreign direct investment (FDI) or (penanaman modal asing-PMA) and domestic direct investment (DDI) or (penanaman modal dalam negeri-PMDN) partially do not have a significant effect on the inclusive economic growth of the Joglosemar reliable area through the leading sector. To strengthen the broad multiplier effect, the government can align fiscal and monetary policies with the needs of leading sector development. In addition, the government can also create a collaboration scheme between FDI and DDI to maximize the contribution of both as a source of investment.
What determines the number of poverty-stricken people in Indonesia? Manasika, Rina; Naomi, Agata Sandra; Utami, Rahayu Tri
Sebelas Maret Business Review Vol 8, No 1 (2023): June 2023
Publisher : Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/smbr.v8i1.74565

Abstract

Poverty is seen as a condition where basic rights are not fulfilled as a mandatory condition for carrying out a dignified life for the community. This research was conducted with the aim of analyzing and obtaining empirical evidence of how the provincial minimum wage (Upah Minimum Provinsi-UMP), Real Per Capita GRDP, and the open unemployment rate (Tingkat Pengangguran Terbuka-TPT) can affect the number of poverty-stricken people in Indonesia in 2020. The method used in this research is quantitative, namely the Ordinary Least Square (OLS) technique, with secondary data obtained from the official website source of the Indonesian Central Bureau of Statistics (BPS), which is processed using EViews 12 software.  The final results of the research showed that partially the UMP and Real Per Capita GRDP variables have a significant effect on the number of poverty-stricken people in Indonesia in 2020, while TPT has no significant effect. However, when all three variables were tested simultaneously, the results showed that there was a significant effect on the number of poverty-stricken people in Indonesia in 2020. Another result that was also shown in this study is the coefficient of determination (R2) at 0.7694 which means that 77% of the information needed to predict the dependent variable can be explained by all of the independent variables in this study.