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From Budget to Prosperity: Analyzing the Village Fund's Contribution to Rural Advancement in Indonesia Rizaldi, Muhammad; Suman, Agus; Ekawaty, Marlina
Journal of Indonesian Applied Economics Vol. 12 No. 2 (2024): August 2024 (IN PRESS)
Publisher : Department of Economics, Faculty of Economics and Business, Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.jiae.2024.012.02.2

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Purpose This research aims to assess the influence of Village Funds on rural development, as proxied by the Village Development Index, across 33 provinces in Indonesia from 2018 to 2022. Design/methodology/approach This research uses the Panel Data Regression Model to analyze the data. Findings This finding implies a positive impact of the Village Fund in driving rural development. In addition, other endogenous variables, such as the Human Development Index (HDI) and population size, also show a significant influence on rural development outcomes. These results highlight the multifaceted nature of rural development, not only financial resources but also human development and demographic factors play crucial roles. Research limitations/implications This study uses the Village Development Index to describe the condition of village development, Village Fund as an interest variable, Human development index, rural poor population, and total provincial population as control variables. Originality/value While there are studies that use Village Development Index (VDI) as a dependent variable to measure the influence of the Village Funds, they still have limitations in terms of their research scope, typically confined to a single district or city. This study will complement previous research by examining villages in all provinces of Indonesia.
Economic Valuation of Bubohu Religious Tourism Village in Gorontalo District Katili, Annisa Pratiwi; Suman, Agus; Syafitri, Wildan
Journal of International Conference Proceedings Vol 6, No 7 (2023): 2023 ICPM Bali Proceeding
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v6i7.2769

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The development of industrial tourism at local level directly opens up employment in tourism areas which can be managed and utilised by local communities. Bubohu religious tourism village is one of the tourism villages having a good potential economy, however there still are identified poverty issues in the village. This research calculates the value of potential economic and multiplier effect value of religious tourism village Bubohu by identifying the amount of visitor expenditure, business unit income, expenditure of business units and labour expenditure in this village. The research results obtained the average value of Willingness to pay (WTP) indicating the expenditure of individual tourists visiting amounted to Rp. Rp.395.555 -/person. Then the estimated economic valuation of Bubohu religious tourism village which is based on tourist expenditure amoundted Rp.7.512.391.111. Furthermore, economic value will increase along with tourists coming to visit Bubohu religious tourism. The multiplier effect analysis results acquired that Keynesian Income Multiplier value is 1,25, and Ratio Income Multiplier type 1 is 1,45 as well as Ratio Income Multiplier type 2 is 1,87. The results indicated that the existing tourism activities at Bubohu religious tourism village have a good economic impact on the local communities.
Analysis of the Impact of Fiscal Decentralization Policies on Indonesia's Economic Growth During the Covid-19 Pandemic Purnomo, Muhammad Eko; Suman, Agus; Susilo, Susilo
Journal of International Conference Proceedings Vol 6, No 1 (2023): 2023 ICPM Malang Proceeding
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v6i1.2310

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The Covid-19 pandemic has put pressure on the global economy and Indonesia. The impact of Covid-19 is the largest since the 2008 Global Financial Crisis. This study aims to describe the fiscal policies pursued by the Indonesian government in response to the crisis during the pandemic, as well as to examine the influence of balancing funds and capital expenditures on local own-source revenues and their impact on the economic growth rate in 34 provinces in Indonesia. The results of this study showed Indonesian government's success in implementing a flexible fiscal policy with various fiscal stimulus has had a positive impact on the handling of the Covid-19 pandemic in Indonesia both from a health and economic perspective. Based on the results of the path analysis, the balancing funds and local own-source revenue variables have a significant influence on the economic growth rate, while the capital expenditure variable does not have a significant influence on the economic growth rate.
Determinant of Capital Efficiency and Its Impact on Economic Growth: Empirical Evidence in East Java Santoso, Dwi Budi; Suman, Agus
Signifikan: Jurnal Ilmu Ekonomi Vol 12, No 1 (2023)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v12i1.29965

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East Java is the engine of Indonesia’s economic growth. Nevertheless, this region is still faced with the performance of industrial development, which has yet to increase consistently, thereby worsening efficiency and economic growth. As a result, this paper aims to investigate the causes and consequences of capital efficiency in the context of East Java. This paper produces three results by employing the 3SLS simultaneous equation estimation method. First, this paper demonstrates that industrial development in East Java improves efficiency. Second, improving the education level has a positive effect on capital efficiency. Lastly, an increase in capital inefficiency leads to a negative effect on economic growth in East Java. This study suggests three key policies for accelerating economic growth in East Java: providing incentives to industries that can increase capital efficiency, developing innovations to increase capital efficiency, and improving education quality to encourage increased human resource productivity.JEL Classification: D24, O14, O4How to Cite:Santoso, D. B., & Suman, A. (2023). Determinant of Capital Efficiency and Its Impact on Economic Growth: Empirical Evidence in East Java. Signifikan: Jurnal Ilmu Ekonomi, 12(1), 1-10. https://doi.org/10.15408/sjie.v12i1.29965.
Identification of Social Capital Bonding Inter Trader and Bank Thithil (Study Case in Blimbing Traditional Market, Malang City) Hidayati, Bunga; Suman, Agus; Manzilati, Asfi
International Journal of Social and Local Economic Governance Vol. 2 No. 1 (2016)
Publisher : Institute of Research and Community Service, University of Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.ijleg.2016.002.01.2

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In traditional market activity, economic actors who are in it not only traders or buyers. But there are also other economic actors who became part of the traders capital resources is loan shark. In terms of Java, loan shark referred to as "Bank Thithil". The purpose of this study was to identify the bonding social capital (interaction of individuals within the group) on interactions inter-traders and inter Bank Thithil. By use qualitative method with phenomenological approach, the results shows that bonding social capital at the micro network between traders to collective action to loan contract with Bank Thithil. While elements of social capital of trust that is infectious, micro and norms make  network of interaction between the traders and Bank Thithil increasingly exist. Moreover, capital support from Bank Thithil’s family can reduce transaction costs and improve the existence of Bank Thithil.
Local Economic Development-Based on Farming Manufacture of Coconut Sugar in West Sei Kepayang District Matondang, Khairani Alawiyah; Suman, Agus; Sasongko, Sasongko; A.S., Putu Mahardika
International Journal of Social and Local Economic Governance Vol. 3 No. 1 (2017)
Publisher : Institute of Research and Community Service, University of Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.ijleg.2017.003.01.9

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The existence of coconut commodity abundance in the district of West Sei Kepayang of Asahan regency of North Sumatra province has not been utilized to the fullest. Though the potential of this commodity can be the basis of local economic development (LED). Of some its derivative products, coconut sugar has the economic potential to improve farmers welfare due to various advantages as well as a good market share prospect.This study aims to analyze the potential for the farm manufacture of coconut sugar to be used as a base of LED in the district of West Sei Kepayang. Data collected by survey method and then analyzed by descriptive quantitative by a financial feasibility analysis those are the Net Present Value (NPV), Net Benefit Cost Ratio (NBCR), Internal Rate of Return (IRR) and Payback of Period (PP) and by descriptive qualitative. The results of a financial feasibility analysis showed that the NPV is positive, NBCR is greater than one, the IRR is greater than the actual interest rate and PP can be restored in a relatively short time.Keywords: Local Economic Development, Coconut Sugar, Financial Feasibility Analysis.
The Role of Social Capital on Information and Communication Technology Based Empowerment (Case Study in Kertosari Village, Pasrujambe District, Lumajang Regency) Riniati, Riniati; Suman, Agus; Ashar, Khusnul; Manzilati, Asfi
International Journal of Social and Local Economic Governance Vol. 3 No. 2 (2017)
Publisher : Institute of Research and Community Service, University of Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Information and Communication Technology (ICT) based empowerment is a kind of empowerment that can used as an approach to solve various rural development problems. Theoritically, the success of various empowerment is significantly depend of social capital  factor. This study aimed to analyze  the role of social capital againts the success of ICT based empowerment, from the point of view of 3 parameters, that are : trust, norms and networks. The result showed that : 1) trust play a role in pushing society participation on ICT based empowerment program, that are : (i) trust on the empowerment organizers credibility, (ii) trust on the usefulness of ICT based empowerrment; 2) norms as daily customs, customs and individual character play a role to ease ICT based empowerment, that are: (i) individual character of community figures in the society have a role to build society trust on the ICT based empowerment; (ii) norms as customs have a role in the success of implementation of socialization about the existence of telecenter; and (iii) norms as  daily customs have a role to ease the socialization about  the usefulness  of ICT based empowerment; 3) networks  play an  important role againts the success of ICT based empowerment. The role of networks was to fund the development of telecenter building and facilitate the implementation of socialization activities. 
The Nadzir’s Role in Waqf Empowerment for General Welfare (Case Study in the Nadzir of Universitas Islam Malang Foundation) Utami, Anisa Fitria; Suman, Agus; Manzilati, Asfi
International Journal of Social and Local Economic Governance Vol. 7 No. 1 (2021)
Publisher : Institute of Research and Community Service, University of Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.ijleg.2021.007.01.5

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The purpose of this research is to find out the role of the nadzir in developing waqf assets for general welfare. The management of productive waqf for general welfare that conducted by The Nadzir of Univesitas Islam Malang Foundation. The Nadzir of Universitas Islam Malang Foundation received 2 bilion Rupiahs funds from Kementerian Agama that acted as the waqif. The waqf fund are from Anggaran Belanja dan Pendapatan Negara Perubahan with purpose as the pilot program of productive waqf fund management. In order to run the role, The Nadzir of Universitas Islam Malang Foundation is stick with the sharia law and UU No. 41 Tahun 2004. The role of Universitas Islam Malang’s nadzir is suitable with the duties and roles that listed on UU No 41 Tahun 2004. The duties and roles are first, accepting and administrating the waqf asset. Second, managing and developing waqf asset through build VIP Rooms, Al-Khaibar Minimarket and Go Fish Restaurant. Third, keep the waqf asset through pledging the waqf asset to Bank Muamalat and fourth, reporting the waqf asset management to Kementerian Agama as waqif.
ANALISIS PENGARUH DANA DESA TERHADAP PEMULIHAN EKONOMI DAERAH (Studi Kasus 30 Kab/ Kota Provinsi Jawa Timur TA 2017-2021) Haya, Aulia Aqila; Agus Suman
Journal of Development Economic and Social Studies Vol. 2 No. 1 (2023)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2023.02.1.20

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This study projects regional economic recovery through economic growth and the number of poor people to evaluate the role of village funds. Corona Virus Disease (COVID19) is a national emergency, according to KEPPRES No. 12 of 2020. This research focuses on the slowdown in economic growth and an increase in the number of poor people in 30 regencies/cities in East Java Province. Budget reallocation and refocusing are used to maintain regional financial stability. According to regulations from the Ministry of Villages of PDTT, the implementation of economic recovery depends on being supported by a reallocation of the village fund budget that should be allocated for village empowerment and development. Panel data regression analysis is an appropriate methodology for this study because it projects a specific timeframe. According to research, village funds in 30 regencies and cities in East Java Province for 2017 to 2021 fiscal year significantly affect economic growth and the number of poor people.
PENGARUH LUAS LAHAN PANEN PADI DAN DAK FISIK PERTANIAN TERHADAP PRODUKSI PADI DI JAWA TIMUR Faisol Muttaqin, Alfin; Suman, Agus
Journal of Development Economic and Social Studies Vol. 2 No. 4 (2023)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2023.02.4.02

Abstract

East Java is the largest rice producer of all provinces in Indonesia, according to BPS, East Java is able to produce 9.90 million Gabah Kering Giling (GKG), while rice is the staple food source of the majority of Indonesian people. There are several problems related to the agricultural sector in East Java, the most serious problem is the conversion of agricultural land which threatens national food security, It was recorded that in 2019 East Java experienced agricultural land conversion of 9,597 hectares., this has an impact on the decline in rice production in East Java in the span of 2020 to 2022. The allocation of central government funds to the agricultural sector in each region has also decreased due to the Covid-19 pandemic. This study aims to determine the effect of changes in fertilizer subsidy policies, rice harvest area, and Dana Alokasi Khusus (DAK) for Agriculture on rice production in 38 districts/cities in East Java calculated using the panel data regression method.
Co-Authors A.S., Putu Mahardika Agatha Christy Permata Sari Agung Yuniarinto Ahmad Erani Yustika Ahmad Erani Yustika Angga Yanuar Triesmarandita Anisa Fitria Utami Anisa Fitria Utami Antariksa Antariksa Aqilla Cinantya Wara Dayinta Armanu - Thoyib Asadyawan Putra Asfi Manzilati Astini, Natasya Dyah Putri Atu Bagus Wiguna Bagyo Yanuwiadi BAIDOWI - - Batik, Karlina Bayu Krisnamurthi Benyamin - Parubak Bintang, Ikhsan Bunga Hidayati Bunga Hidayati David Kaluge DAVID KALUGE Davina Jeihan Zafira Devanto Shasta Pratomo Dwi Budi Santoso Dwi Budi Santoso Eka Afnan Troena Eka Intan Kumala Putri Estifania Krisnawati Faisol Muttaqin, Alfin Fauziah, Nurafikatul Febitania, Nabila Zakia Ghozali Maskie Grace Sumbung Habibie, Muhammad Fadhlan HAMAMAH, M.Pd. Haya, Aulia Aqila Hendika S.L. Ibrahim - - Ida Ayu Nyoman Saskara Indah Dewi Nirwana Iswan Noor Jayawarsa, A.A. Ketut Jeany Mandang Jose Rizal Joesoef Karimah, Haifa Asma Karlina Batik Katili, Annisa Pratiwi Khairani Alawiyah Matondang Khusnul Ashar Khusnul Ashar Khusnul Ashar Khusnul Ashar Killian, Pantri Muthriana Erza Kliwon Hidayat M Pudjiharjo M Umar Burhan M. Firmansyah M. Umar - Burhan M.S. Idrus Marlina Ekawaty Matondang, Khairani Alawiyah Muhammad Eko Purnomo Muhammad Firmansyah Musyaffa, Muhammad Ashari Neli Aida Ni Nyoman Yuliarmi Noer Soetjipto Nur Farida Nuraini, Adinda Putri Nurhuda, M. Paulus Kindangen Pinatih, Ni Komang Desy Arya Pudjihardjo .. Putu Mahardika A. Saputra Putu Mahardika A.S. Rachmad Kresna Sakti Rachmad Kresna Sakti Rahel Kimbal Riniati Rizaldi, Muhammad Rizki Nufiarni, Rizki Rosyidah, Lathifatul Rudi Masniadi S.M. Kiptiyah Sasongko Sasongko Sasongko Sasongko, Sasongko Satti Wagistina Setiawan, Fredy Nugroho Siti Hamidah Siti Rohima Siti Rohima Sitoresmi, Luthfiah Nur Soemarno Soemarno Surachman Surachman Susilo . Susilo Susilo Sutrisno - Djaja Treesye I Turang Ubud - Salim Virnanda, Yohana Wildan Syafitri Yohanes Hadi Soesilo