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Journal : Jurnal Ekonomi Pembangunan

FULL-FLEDGED INFLATION TARGETING FRAMEWORK DAN PERSISTENSI INFLASI Rachman Hakim
Jurnal Ekonomi Pembangunan Vol. 13 No. 2 (2015): Jurnal Ekonomi Pembangunan
Publisher : Pusat Pengkajian Ekonomi dan Kebijakan Publik

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jep.v13i2.3896

Abstract

Setting the inflation rate may look simple but certainly not easy. This can be evidenced by frequent melencengnya inflation target has been set by Bank Indonesia. To overcome this, the 2004 Law No. 3 Article 7 were excluded, thus changing the policy framework of inflation targeting lite be a full-fledged inflation targeting. This means that Bank Indonesia will focus on regulating the rate of inflation only. The purpose of this study to determine whether the rate of inflation to be more easily controlled in the period of full-fledged inflation targeting. The method used is the autoregressive model estimation. The results showed that the application of full-fledged inflation targeting has not had a positive impact in regulating the rate of inflation. In the period 2005-2015, was inflation is still very difficult to control or tend to be persistent. Interestingly, this was due to the strong influence of the global economy on the Indonesian econom
Analysis of Factors Affecting the Technical Efficiency of Rice Farming in East Java Province Rachman Hakim; Tri Haryanto; Dyah Wulan Sari
Jurnal Ekonomi Pembangunan Vol. 18 No. 2 (2020): JURNAL EKONOMI PEMBANGUNAN
Publisher : Pusat Pengkajian Ekonomi dan Kebijakan Publik

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jep.v18i2.12808

Abstract

Agriculture is a dominant sector in Indonesia, mostly because many people work in this sector, especially in agricultural centers such as East Java Province. However, it is ironic that the farm sector does not have a considerable contribution to Indonesia's national income. This study aimed to measure rice farming's efficiency in East Java and determine whether education, access to credit, farmer group membership, age, and agricultural extension affected rice farming efficiency. The data source comes from the Central Statistics Agency (Agricultural Business Household Income Survey) in 2013 for East Java Province. The number of samples used was 8603 farmer households. The research method uses Stochastic Frontier Analysis. The results showed that the average efficiency for the Cobb-Douglas production function was 0.764, while the average efficiency for the translog production function was 0.759. The Cobb-Douglas production function is not suitable for this study; the translog production function is considered more appropriate. The variables of education, access to credit, membership of farmer groups, age, and agricultural extension significantly influence rice farming's technical efficiency in East Java. The extension variable has the most significant effect.