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Factors Affecting the Fiscal Independence of District City In East Java Mudrosanto, Iswadi; Ananda, Candra Fajri; Susilo, Susilo
International Journal of Social and Local Economic Governance Vol. 6 No. 1 (2020)
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.2020.006.01.4

Abstract

The fiscal independence can be understood as the allocation of the right to decide the amount and structure of the revenues and expenditures, the planning and also the execution of budgets. Furthermore, the ratio of local own revenue to total regional revenue not only reflects the financial condition but also a measure of independence, the ability to meet own needs, the ability to invest and also reflect the potency of economy. This study aims to analyze the effect of capital expenditure, investment, household consumption, and labor toward economic growth and to analyze the effect of economic growth towards the fiscal independence. This research used panel data which used the unit of analysis the districts and cities in East Java Province in the period of 2010 to 2014. This research used Simultaneous Equation Analysis Model with Two Stage Least Square (2SLS) method. The empirical results revealed that partially capital expenditure has a negative effect towards economic growth, investment and household consumption have a positive and significant effect toward economic growth, while labor insignificantly affect towards economic growth. Meanwhile simultaneously, capital expenditure, investment, household consumption, and labor have a positive and significant effect towards economic growth. Furthermore, the empirical results revealed that economic growth has a positive and significant effect towards the fiscal independence.
The Development of Tourism Towards Poverty Alleviation in Batu City Astiyanti, Yeni; Ananda, Candra Fajri; Khusaini, Moh
International Journal of Social and Local Economic Governance Vol. 6 No. 1 (2020)
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.2020.006.01.5

Abstract

The purpose of the tourism development is to reduce poverty and unemployment. Tourism sector in Batu City is increasingly characterized by an increasing the number of tourism destinations and the tourists. Tourism in Batu City is developed through capital and community base have some impacts to the development. In 2014, there was a decrease in poverty rate by 12,28%, while the amount of unemployment in Batu City increased by 0,11%.  The due to aims of this research are to analyze the development of tourism in Batu City so did how its impact to the poverty in this city is using Partial Least Square Analysis. Based on the result of the analysis is known that the development of tourism in Batu City categorized as consolidation phase. The other result is tourism development due to both capital and community based is still not able to reduce poverty significantly. The development has provided more benefit is creating employment and higher impact comes from community-based tourism. The development of tourism in Batu City to further prioritize community-based tourism so that people can directly get the impact of tourism development.
ANALISIS DAMPAK KEBIJAKAN PROGRAM KELUARGA HARAPAN TERHADAP KONSUMSI Riyanto, Kusuma Arum; Ananda, Candra Fajri
Journal of Development Economic and Social Studies Vol. 1 No. 4 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2022.01.4.14

Abstract

The study aims to analyze the impact of the Family Hope Program (PKH) policy on household consumption during the COVID-19 pandemic. Using a quantitative approach using cross section data, this study uses multiple linear regression analysis. From this study, it was found that household income, nominal PKH, number of family members, amount of savings, and value of productive assets simultaneously had a significant effect on household consumption variables. The variable number of family members has the largest contribution in increasing household consumption.
PENGARUH BELANJA DAERAH, PMDN, DAN PMA TERHADAP PERTUMBUHAN EKONOMI DI PULAU JAWA Saputri, Karina Dewi; Ananda, Candra Fajri
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.2023.02.4.08

Abstract

The objective of this research is to analyze the effects of regional expenditures, domestic investments, and foreign investment on the economic growth of all provinces in Java during the 2006—2021 period. Using panel data of six provinces across the sixteen-year period analyzed through panel data regression, this study finds that regional expenditures, domestic investment, and foreign direct investment positively and significantly affect the economic growth of all provinces in Java during the 2006—2021 period, both partially and simultaneously. Regional spending and domestic investment have a direct effect in the year concerned on economic growth, while foreign investment has an effect in a two-year lag. This happens because the level of ease of doing business and investing in Indonesia is still low, so that local governments together with the central government must coordinate more to make regulations for ease of investment, especially in areas on the Java.
ANALISIS PENGARUH VARIABEL EKONOMI MAKRO TERHADAP NILAI TUKAR RUPIAH Rayhan, Danedo; Ananda, Candra Fajri
Journal of Development Economic and Social Studies Vol. 3 No. 1 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2024.03.1.8

Abstract

Exchange rate is a key part of a country’s economic stability. The US Federal Reserve has been aggressively hiked the federal fund rates (Fed Rate), which potentially affect Indonesia’s rupiah exchange rate. Hence, it is interesting to understand the effect of Fed Rate hikes alongside other exchange rate determinants, i.e., BI Rate, inflation, trade balance, and foreign exchange reserves on the value of Rupiah exchange rate. This study uses Vector Autoregression (VAR) method to analyze data between 2018 to 2023. In line with what has often been assumed, this study found that Fed Rate hikes contribute to depreciation the value of Rupiah. On the other hand, policy reinforcement to maintain other macroeconomic indicators, such as inflation, trade balance position, and foreign exchange reserves will support the value of rupiah. Thus, it is essential for the government and the central bank of Indonesia to continuously monitor global economic policies and give adequate and immediate response to maintain Rupiah value.
PENGARUH PERTUMBUHAN EKONOMI, INVESTASI, DAN UPAH MINIMUM TERHADAP TINGKAT PENGANGGURAN DI JAWA BARAT Ramadhani, Qatrunnada Nisrina; Ananda, Candra Fajri
Journal of Development Economic and Social Studies Vol. 3 No. 2 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2024.03.2.2

Abstract

The objective of this study is to find out how the unemployment rate in each of West Java's districts and cities would change between 2018 and 2022 in relation to economic growth, investment, and minimum wages. Over a five-year period, a panel data collection comprising 27 districts and towns was utilized to accomplish this goal. Regression analysis with panel data was applied. The findings indicate that from 2018 to 2022, minimum wage, investment, and economic growth all had a considerable impact on the unemployment rate in all West Javan districts and cities. Economic growth holds a negative and significant effect on the unemployment rate, while investment has a negative and significant impact at 10% alpha on the unemployment rate. The minimum wage significantly and positively affects the unemployment rate. Investments made are mostly capital intensive and not yet equally distributed throughout West Java. Therefore, in order to lower unemployment, local governments are expected to increase labor-intensive investment.
PENGARUH INFLASI, NILAI TUKAR, VOLUME PERDAGANGAN, DAN ORDER IMBALANCE TERHADAP VOLATILITAS HARGA SAHAM PADA PERUSAHAAN SEKTOR KESEHATAN YANG TERDAFTAR DALAM BEI TAHUN 2021 Faustine, Illona Selly; Ananda, Candra Fajri
Contemporary Studies in Economic, Finance and Banking Vol. 1 No. 3 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2022.01.3.05

Abstract

The health sector during Covid-19 contributed positively to Indonesia's economic growth rate, besides that the health sector also scored a fairly large increase in profits ranging from 13% - 60%. This positive news aroused the interest of investors in the health sector which eventually caused stock price movements in health sector companies to widen. This movement can be influenced by macro factors such as inflation and the rupiah exchange rate, as well as micro factors such as trade volume and order imbalance. The purpose of this study is to find out how the effect of inflation, rupiah exchange rate, trading volume, and order imbalance on the volatility of stock prices of health sector companies listed on the IDX in 2021. The data used in this study is secondary data with panel data regression research methods, which choose a best model first between CEM, REM, and FEM, then running the classical assumption test, after the problem of classical assumption are clear, next running out the hypothesis test. All of these methods use Eviews 12 for students. From the results of the analysis, it was found that Inflation has a negative effect on stock price volatility, the Rupiah Exchange Rate and Trading Volume have a positive influence on stock price volatility, and Order Imbalance does not have a significant effect on stock price volatility in health sector companies listed on the IDX in 2021. The conclusion of this study is that as an investor, especially a short-term investor, you can see the effect of inflation, the rupiah exchange rate, and trading volume to pay attention to stock price movements and can use the volatility of the company's stock price to calculate future profits.
IMPLEMENTASI PENGELOLAAN DANA WAKAF TUNAI PADA KOPERASI MASJID SABILILLAH Maghfiroh, ElliyaS yahfira; Ananda, Candra Fajri
Islamic Economics and finance in Focus Vol. 1 No. 4 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ieff.2022.01.4.04

Abstract

Cash waqf is an Islamic platinum philanthropy having substantial roles in both economic and social developments of community. At the Sabilillah Mosque Cooperatives of Malang, this type of Islamic endowment builds and develops the economic potential and capacity of its members in particular and the community in general to improve social welfare. This socio legal research addresses how the cooperative manages the endowment and how the management conforms the Islamic law using a descriptive qualitative approach. The data was harvested through interviews and documentation, which is collecting, compiling, and managing relevant data. This study finds that the waqf is managed by carrying out the membership procedures applied by the cooperative, i.e. paying compulsory deposit, principal deposit, administration fee, and the cash waqf. The cooperative allocates the waqf fund only for public welfare, i.e. loan and saving system, such as financing businesses, paying school fees, helping people to pay their loan, and so on.
The Contribution of Fiscal Decentralization and Natural Resources on Economic Growth in Indonesia: Does Corruption Hamper? Hannani, A Munif; Ananda, Candra Fajri
Journal of Accounting Research, Organization and Economics Vol 7, No 2 (2024): JAROE Vol. 7 No. 2 August 2024
Publisher : Universitas Syiah Kuala

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24815/jaroe.v7i2.35769

Abstract

Objective –This study aims to explain the effect of fiscal decentralization and natural resources on economic growth in Indonesia; and the moderating role of corruption in both fiscal decentralization-economic growth and natural resources-economic growth nexuses.Methodology –This study uses quantitative approach by utilizing a moderated panel data regression analysis with cross-sectional observations of 34 provinces in Indonesia from 2011 to 2021.Results –Fiscal decentralization has no significant effect on economic growth, while natural resources positively affect economic growth. Furthermore, we found no moderating effect of corruption in the fiscal decentralization-economic growth nexus, but the weakening effect of corruption is evident in the natural resources-economic growth nexus. Research limitation/implications – To further encourage economic growth in the regional level, it is vital to impose budget composition requirements on regional governments in the framework of fiscal decentralization, particularly related to employee and capital expenditure; and to maintain the decentralization of natural resources management on the regional level, while continuing efforts on eradicating corruption.Novelty/Originality–Few researchers consider the role of corruption as a moderator in the relationship between fiscal decentralization and natural resources on economic growth. This study fills this gap by incorporating a moderating role of corruption that may weaken the ability of fiscal decentralization and natural resources to promote economic growth with the evidence from Indonesia’s provinces. 
The Effect of Transaction Costs on The Benefits of Hybrid Maize Farming in Dompu District, West Nusa Tenggara Kurniawan, Dodo; Ananda, Candra Fajri; Adi S, Putu Mahardika; Khusaini, Moh.
Journal of International Conference Proceedings Vol 4, No 1 (2021): Proceedings of the 9th International Conference of Project Management (ICPM) Mal
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v4i1.1137

Abstract

The characteristics of imperfect markets are characterized by the presence of transaction costs. One sector that is an imperfect market is the agricultural sector. The purpose of this study was to analyze the structure of transaction costs and the implications of transaction costs on the benefits of hybrid corn farming. The research method uses transaction cost analysis and multiple linear regression. The research was conducted in Dompu Regency, West Nusa Tenggara with 120 respondents as corn farmers. The results show that implementation costs are the component of transaction costs that have the highest percentage of 43.35%, then supervision costs are 28.37%, transportation costs are 20.61%, negotiation costs are 3.70%, information costs are 3.41% and coordination 0.57%. These transaction cost components are distributed in each hybrid corn farming cycle, among others; (1) birth cycle; (2) cropping cycle; (3) maintenance cycle; (4) supervision; (5) harvest cycle; and (6) postharvest cycle. The postharvest cycle is the cycle that has the highest percentage of 23.17%, then the maintenance cycle is 18.53%, the harvest cycle is 17.65%, the cropping cycle is 17.28% and the control cycle is 13.99%. Transaction costs have a positive and significant effect on the profits of hybrid corn farming.