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All Journal Jurnal Ekonomi & Studi Pembangunan Jurnal Analisis Bisnis Ekonomi Economic and Finance in Indonesia
Wicaksono, Bayu Rhamadani
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Economics, Econometrics & Finance Education

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The Effect of Local Taxes and Retribution on Economic Growth in Indonesia Wicaksono, Bayu Rhamadani
Jurnal Analisis Bisnis Ekonomi Vol 18 No 1 (2020)
Publisher : Universitas Muhammadiyah Magelang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (618.167 KB) | DOI: 10.31603/bisnisekonomi.v18i1.2955

Abstract

The purpose of the study is to analyze the effect of local taxes and retributions on the economic growth in Indonesia. The data used are secondary data from provinces in Indonesia 2014-2017 using panel data regression with Random Effects Model (REM). The results are as follows, first, the local taxes has a negative and significant impact on the economic growth in Indonesia. Second, the retributions have a positive and significant effect on the economic growth in Indonesia. The government should evaluate and plan a good strategy for the next period so that the potential revenues of local taxes and retributions can increase economic growth gradually.
Forecasting Fisheries Production in Indonesia Wicaksono, Bayu Rhamadani; Sutandi, Tendi; Tembo, Sydney
Jurnal Ekonomi & Studi Pembangunan JESP Volume 21 Nomor 2, Oktober 2020
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.21.2.5039

Abstract

The abundance of water resources avails Indonesia an excellent advantage in terms of the development of the capture and aquaculture fisheries. In recent years, Indonesian fish production has shown an increasing trend. The capture and aquaculture fisheries reached 6.6 million and 16.0 million tonnes respectively in 2016. The growing trend was translated into an average contribution of 2.4 percent towards the national GDP in 2013-2017. However, the absence of forecasting methods and data on fisheries production's potential growth contributes to ineffective policy interventions that require optimum production. Therefore, this study's main objective is to find the most accurate forecasting method for Indonesia's fisheries production. This research utilized the quarterly data of Indonesian fisheries production in 2000-2018 obtained from the Ministry of Marine Affairs and Fisheries. A comparative analysis of the Double Exponential and Seasonal ARIMA (SARIMA) method was undertaken to arrive at the most accurate forecasting method. The study findings broadly revealed that Indonesia's fish production was on an increasing trend, with aquaculture fisheries' contribution outweighing the capture fisheries in recent years. Furthermore, the SARIMA method was found to be the most accurate forecasting method compared to the Double Exponential method. The findings are useful for the government and related stakeholders for enhancing fish productivity in Indonesia. In addition, SARIMA methods could be used to forecast the fish production in upcoming years for better policy, strategy, and decision-making in developing the fisheries sector in Indonesia.
THE FISHERIES SUBSIDIES IN INDONESIA AND CHINA Wicaksono, Bayu Rhamadani
Jurnal Ekonomi & Studi Pembangunan JESP Volume 20 Nomor 2, Oktober 2019
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.20.2.5023

Abstract

The World Trade Organization (WTO) considers sustainable economic development. One of the regulations arranged is the unfair trade that several activities will be eliminated in the future, including the fisheries subsidies. The objectives of this research are (1) understanding the general descriptions about fisheries subsidies in Indonesia and China; (2) how large the impacts of fisheries subsidies that are linked with the policies; and (3) the opinion whether the fisheries subsidies must be stopped or not. This research use the literature studies from several sources and the supplementary data are also included to strengthen this study. Based on the result and discussion, the fuel subsidies are the largest fisheries subsidies in both Indonesia and China. Although the fuel subsidies are harmful and burden the government budget, the policy of subsidies is still needed, especially in the developing countries, including Indonesia. Those subsidies contribute the positive effects to the fisheries sector performance. On the other hand, eliminating fisheries subsidies, particularly the fuel subsidies, is expected to provide the negative impacts. For the policy, the government regulates the programs in the fisheries sector. There are two feasible schemes in the fisheries market in case talking about the fisheries subsidies with the aim of a trade policy tool and sustainability. The author does not agree if the fisheries subsidies stopped. The government must evaluate the subsidy policies that can be connected with the fisheries sector performance indicators and must still prepare state budget for fisheries subsidies, especially subsidies for small-scale household, such as fishers. The fisheries subsidies should be continued with applied terms and conditions, so the subsidies will be used wisely by the fisheries business actors and will be appropriately monitored by the government
Factors to Improve Fishery Household Welfare: Empirical Analysis of Indonesia Wicaksono, Bayu Rhamadani; Yuniarti, Yuniarti; Paramartha, Dede Yoga
Economics and Finance in Indonesia Vol. 67, No. 1
Publisher : UI Scholars Hub

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Abstract

This study attempts to verify the linkage between the characteristics of fishers and the welfare of fishery household in Indonesia, which is explained by the surplus obtained by fishers. Based on the empirical results using multiple linear regression analysis, variables with significant impacts on improving the welfare of fishery household in Indonesia in both marine and inland open water fisheries are fishing gear, number of fishers, number of crew, salary, province, age, gender, education level, processed storage, transportation, and market target. Furthermore, the characteristics of fishers are divided into similarities and differences. Observed from the similarities, the main fishers play a prominent role to fulfill the daily needs of their families. Observed from the differences, fishers in marine fisheries prefer to use a boat with an inboard motor, prepare more funds, and require more crew members because they usually catch fish on long trips. On the other hand, fishers in inland open water fisheries prefer to use a boat without an inboard motor, prepare less funds, and require less crew members because they usually catch fish on short trips. The government needs to formulate effective, efficient, and targeted policies for the welfare of fishers. The findings suggest several policy recommendations related to the improvement of fishery household welfare in Indonesia, such as soft loan in the form of People Business Credit (KUR), storage facilities for a better supply chain, and revitalization of fish auction sites.
Special Allocation Fund and Poverty Rate in Indonesia Nugroho, Danesta Febianto; Wicaksono, Bayu Rhamadani; Reynaldi, Muhammad R.
Economics and Finance in Indonesia Vol. 67, No. 2
Publisher : UI Scholars Hub

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Abstract

The Special Allocation Fund is distributed to specific areas to aid them in funding special regional activities that follow national interests. Giving regional government's broad autonomy is meant to hasten the realization of social welfare, as seen by reducing poverty. This study aims to examine the influence of the Special Allocation Fund for education, health, and infrastructure on the poverty rate in Indonesia, using the Poverty Gap Index (P1) as a proxy for the poverty rate. The study employed annual data from 33 Indonesian provinces from 2015 to 2018 and panel data regression analysis utilizing the Fixed Effects Model (FEM). The study discovered that the Special Allocation Fund for Education and Health has a negative and significant impact on poverty, but the Special Allocation Fund for Infrastructure has a positive but not significant impact on poverty. The central and regional governments must work together to guarantee that the Special Allocation Fund is distributed effectively to sectors directly relevant to poverty reduction efforts.
Co-Authors Nugroho, Danesta Febianto Paramartha, Dede Yoga Reynaldi, Muhammad R. Sutandi, Tendi Tembo, Sydney Yuniarti Yuniarti