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Sectoral Growth and Income Inequality in ASEAN-5 Countries: Case of Low-Middle Income Economies Raeskyesa, Dewa Gede Sidan
JAS (Journal of ASEAN Studies) Vol 8, No 1 (2020): Journal of ASEAN Studies
Publisher : Centre for Business and Diplomatic Studies (CBDS) Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/jas.v8i1.6435

Abstract

This paper aims to explore the relationship between growth in economic sectors, especially manufacturing, service, and agriculture, towards income inequality. Furthermore, it utilizes panel data for low-middle income ASEAN countries. The result shows that the share of agricultural sector in GDP has a significant and negative relationship with income inequality. In fact, the effect is robust for the incorporation of control variables. Therefore, it underlines the importance of agricultural sector development for reducing inequality and also for fostering ASEAN economic integration.
Corrigendum to "Sectoral Growth and Income Inequality in ASEAN-5 Countries: Case of Low-Middle Income Economies" Dewa Gede Sidan Raeskyesa
JAS (Journal of ASEAN Studies) Vol. 8 No. 1 (2020): Journal of ASEAN Studies
Publisher : Centre for Business and Diplomatic Studies (CBDS) Bina Nusantara University

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Abstract

Social Capital as Main Pillar for Tourism Industry Made Handijaya Dewa; Dewa Gede Sidan Raeskyesa; Alavi Ali; I Dewa Made Agung Kerta Nugraha
Soshum: Jurnal Sosial dan Humaniora Vol 10 No 2 (2020): July 2020
Publisher : Politeknik Negeri Bali

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31940/soshum.v10i2.1840

Abstract

This paper has an objective to analyze the role of socio-culture in the tourism sector by posing a central question: how does social capital attract tourists in Bali province? The study uses qualitative approach by collecting data through observation on human behavior and social capital phenomenon, and through systematic in-depth interview. Based on the research, social capital dimension that have been formulated are Personal Relationship, Social Network Support, Civic Engagement, and Trust and Cooperative Norms. The social capital dimensions play significant roles as the four elements have attractively, or attached for tourist to come and to stay permanently in Bali. It has been confirmed by the local societies and authorities, and how the local activities to maintain their traditions. Value degradation of social capital values have been shown, on the other side, in several touristic areas, along with massive investments and tourism development.
Analysis on Growth Pattern and Economic Sectors in Bali Province Dewa Gede Sidan Raeskyesa; Reinardus Adhiputra Suryandaru; Yohanes Berenika Kadarusman
Jurnal Ilmu Manajemen & Ekonomika Vol 11, No 2 (2019): Jurnal Ilmu Manajemen dan Ekonomika, Vol. 11, No.2, June 2019
Publisher : Indonesia Banking School

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (542.842 KB) | DOI: 10.35384/jime.v11i2.141

Abstract

In decentralization system, understanding the characteristics of region’s economy becomes necessary for productivity. In that regard, this descriptive study aims to describe the characteristics of the local economy in Balinese regencies and to identify the potential sectors to be developed therein. Using such methodologies as Klassen Typology, Location Quotient, Growth-Ratio Model, and Overlay analysis from year 2010 to 2016. As a result, we have found significant gap amongst regencies, where Badung and Denpasar are the most developed regencies, with high level both in growth rate and GDP per Capita. On the other hand, Klungkung, Jembrana, Bangli, Karangasem, and Tabanan are the least developed. Furthermore, it was found that most sectors in Bali are experiencing slow growth during the research period. By studying all the regencies in Bali province, this study not only enrich the existing literature but also recommend potential sectors from each region to be developed in order to reduce the development gap between regencies.
What We Talk About When We Talk About Development? A Review Dewa Gede Sidan Raeskyesa
Jurnal Ilmu Manajemen & Ekonomika Vol 11, No 1 (2018): Jurnal Ilmu Manajemen dan Ekonomika, Vol. 11, No.1, December 2018
Publisher : Indonesia Banking School

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (401.372 KB) | DOI: 10.35384/jime.v11i1.123

Abstract

The purpose of this research is to revisit the meaning of development by seeking to answer the question; what is development? Also, we question whether the common and old wisdom of development objectives, economic growth (GDP), should continue to be the focus of studies. It concludes that development is when human aspects are become the objectives
Does Digitalization Increase Economic Growth? Evidence from ASEAN8 Countries Raeskyesa, Dewa Gede Sidan; Lukas, Erica Novianti
Jurnal Ikatan Sarjana Ekonomi Indonesia Vol 8 No 2 (2019): December
Publisher : Jurnal Ekonomi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52813/jei.v8i2.33

Abstract

Digitalization has become relevant nowadays, not only because of the exposure of new technologies but also the consideration of its impact on the economy. In that regard, this study aims to analyze the effect of digitalization on economic growth. This study uses a descriptive analysis of the eight ASEAN middle-income countries from 1999 to 2014 as well as panel regression analysis with the dependent variable of GDP per capita growth and independent variables of physical capital, human capital, and ICT indicators. As a result, ICT indicators have a significant positive impact on economic growth, along with physical and human capital. The usage and intensity of ICT have a higher impact than access to ICT. Furthermore, human capital contributes the most among the other variables. We recommend the countries invest more in human capital to utilize ICT because it is the quality of human capital that matters to navigate the era of the digital economy.
ANALYSIS OF THE TOURISM SECTOR IN INDONESIA USING THE INPUT-OUTPUT AND ERROR-CORRECTION MODEL APPROACH Hasudungan, Albert; Raeskyesa, Dewa Gede Sidan; Lukas, Erica Novianti; Ramadhanti, Fati
Jurnal Ekonomi Bisnis dan Kewirausahaan Vol 10, No 1 (2021): Jurnal Ekonomi Bisnis dan Kewirausahaan (JEBIK)
Publisher : Fakultas Ekonomi dan Bisnis, UNTAN

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (398.201 KB) | DOI: 10.26418/jebik.v10i1.44329

Abstract

ABSTRACTThis research explores the role of the tourism sector in Indonesia, including its backward and forward linkages with other economic sectors. The tourism sector is represented by the hotel and restaurant (hospitality) industry. The study uses the input-output method and traces the econometric backward and forward shocks of the tourism sector with the Error Correction Model (ECM), using database from Statistics Indonesia from 2010 to 2019. The paper contributes to the existing literature by using multi-stage quantitative processes to observe backward and forward economic linkages. The result shows that manufacturing output contributes a significant and positive effect to the hotel and restaurant industry. At the same time, the tourism sector provides a significant and positive contribution to government retribution. Nonetheless, there is a negative relationship between the growth of the agriculture and tourism sector, which is assumed due to the tradeoff in the factor of production between the agricultural and tourism sector development. Consequently, backward and forward relationships suggest more holistic and prudent economic policies for observing interdependent tourism development in Indonesia's other economic sectors.  ABSTRAKTujuan penelitian ini adalah menginvestigasi keterkaitan ke belakang dan ke depan antara sektor pariwisata dan sektor ekonomi lain di Indonesia. Pariwisata di sini di wakili sektor perhotelan dan restoran. Studi ini menggunakan metode input-output dengan data berasal dari database input output Bank Pembangunan Asia (ADB). Kedua, studi menelusuri  keterkaitan ekonometrik ke depan dan ke belakang pariwisata dengan model koreksi kesalahan (ECM), menggunakan data triwulan dari PDB riil di database BPS dari tahun 2010 hingga 2019. Kontribusi makalah ini adalah proses multi-asesment untuk mengamati keterkaitan ekonomi ke belakang dan ke depan antara pariwisata dengan sektor ekonomi lainnya. Dari ekonometri tersebut, diketahui bahwa kontribusi output industry manufaktur berpengaruh signifikan dan positif terhadap industri hotel dan restoran. Selain itu, pariwisata memberikan kontribusi yang signifikan dan positif untuk retribusi pemerintah. Meskipun demikian, peningkatan output pariwisata datang dengan pengorbanan pengurangan output sektor pertanian. Hal ini dipengaruhi oleh kompetisi akses faktor produksi di antara kedua sektor tersebut. Hasil ini  menekankan perlunya kebijakan ekonomi yang lebih holistik dan hati-hati terhadap saling ketergantungan antara pembangunan pariwisata dengan sektor ekonomi lain di Indonesia.