Firmansyah Firmansyah
Departemen Ilmu Ekonomi, Fakultas Ekonomika Dan Bisnis, Universitas Diponegoro

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Analysis of Communication Satellite Utilization Indonesian Banking Daffa Rizqi Prayudya; Firmansyah Firmansyah
Economics Development Analysis Journal Vol 11 No 1 (2022): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v10i4.38971

Abstract

Space technology keeps innovating and giving us the benefit to make our life easier, including satellite banking. However, BRI become the first bank that own satellite and claims it could improve efficiency. Therefore, this research aims to look at the efficiency of selected banks in Indonesia and its productivity growth on efficiency by the satellite ownership. We also want to examine if the ownership of the satellite could impact bank efficiency. Methods that will be used are divided into two steps, which are DEA and Tobit regression. The result of this research shows us that bank BRI achieves the highest efficiency and productivity growth, compared with other selected banks. The ownership of satellites also has a positive significant impact on bank efficiency. It could be implied that owning satellite for banks is beneficial, policymakers should increase budget spending and other banks could own satellite.
Determining factors of foreign direct investment in Emerging Market Asia: A panel data analysis (2005-2020) Anisa Dwi Ariyani; Firmansyah Firmansyah
Optimum: Jurnal Ekonomi dan Pembangunan Vol. 13 No. 2 (2023)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/optimum.v13i2.8535

Abstract

Foreign Direct Investment (FDI) is recognized as a major force that integrates developing countries into the world economy and is expected to be a key factor in driving sustainable and balanced economic growth. Emerging Market Asia countries are the host countries that receive the highest inflows of Foreign Direct Investment (FDI) compared to other emerging market countries. Even in crisis conditions, emerging market countries, especially the Asian region, are still the destination for investment because of their resilience to crisis shocks. In analyzing the determinants of Foreign Direct Investment (FDI), the variables used are Market Size, Trade Openness, Interest Rates, Control of Corruption, Education Levels and Telecommunication Infrastructure. The analytical method used is the Fixed Effect Model (FEM) Data Panel. The results of the study show that market size, corruption control and telecommunications infrastructure have a positive and significant effect on foreign direct investment inflows. The Education Level variable was found to have a negative effect on FDI inflows. While the variables of Trade Openness and Interest Rates have no significant effect. The implications of this research are that host country governments need to create an investment-friendly environment with transparent bureaucratic conditions to increase the trust of foreign investors. Additionally, governments also need to provide facilities that can support the private sector in creating productive investments, such as by improving GDP performance and enhancing infrastructure quality.