Claim Missing Document
Check
Articles

Found 2 Documents
Search
Journal : East Java Economic Journal

CATTLE FARMING 4.0 : DEVELOPMENT OF LIVESTOCK SECTOR THROUGH E-AGRIOVEST (DIGITAL BASED INVESTMENT) TO ACCELERATE ECONOMIC GROWTH IN EAST JAVA Julita Hasanah; Dian Puspasari Ina Ayati; Dimas Brillian Syaban Pramana
East Java Economic Journal Vol. 3 No. 1 (2019)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (808.337 KB) | DOI: 10.53572/ejavec.v3i1.25

Abstract

East Java had the second highest contribution to National GDP 2017 after Jakarta with a value of 14.61%. Economic growth in East Java was supported by the agricultural sector (13%), while the livestock contributed 20.24% to the East Java agricultural sector. East Java had 20.89% of the national beef cattle population, but beef production was still relatively moderate (23.17%), because East Java farms were dominated by Conventional Farming. East Java beef production didn’t balance national beef consumption which had increased by 4.66%. It was the main cause of fluctuations and volatility in beef prices. The fundamental issue of beef issues in East Java needed to be resolved through the industrial revolution 4.0. The purpose of this study was to determine the characteristics of conventional farming, to arrange the e-agriovest system, and to know the contribution of e-agriovest system to East Java’s GDP. This research was conducted in Jember as a sample area. The study used survey methods and descriptive analytics. Based on the results of research on characteristics of conventional farming, among others (1) the number of small livestock (1-3 tail) (56.67%), (2) the sales period as needed (60%), (3) still using forage feed (100%) , (5) saving livestock function (46.66%) and sales system through blantik (66.67%). Based on East Java livestock data in 2008-2017, the contribution of livestock in East Java had a high potential to be developed in terms of population, production, demand, domestic beef prices, imported beef prices, and GDP. e-agriovest can be simulated to increase beef production by 20%. The existence of e-agriovest had a positive impact on East Java GRDP with a value increase of 2.83%. e-agriovest system is an appropriate implementation strategy in developing the livestock subsector in order to accelerate the acceleration of East Java's economic growth both economically, socially and environmentally. JEL : O4,E2,Q1
East Java Economic Model: Monetary Policy Implications in the Middle of the Covid-19 Crisis Ahmad Zainuddin; Julita Hasanah
East Java Economic Journal Vol. 4 No. 1 (2020)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (686.873 KB) | DOI: 10.53572/ejavec.v4i1.38

Abstract

East Java is the epicenter of Covid-19 with the highest number of positive cases in Indonesia (11,508 cases as of June 28th, 2020) surpassing DKI Jakarta. The massive spread of the virus had economic consequences. Data showed that East Java's regional income in the third quarter of this year grew negatively by 5.90% (yoy). The contraction of East Java's economic growth will affect the national economy, known that East Java was the second largest contributors to national income, with a contribution of 14.61% in 2017 (Bank_Indonesia, 2018). East Java's economic problems as a result of the pandemic need to involve a comprehensive analysis in order to produce suitable policy implications. The purpose of this study is to predict the development of the Covid-19 case in East Java, to analyze the impact of Covid-19 on the East Java economy including economic growth, inflation, exchange rates, household and government consumption as well as effective macro policy simulations as a novelty of research. This research used descriptive analytical method by involving various simulations. Based onthe results of the study, it is known that (1) the increase in Covid-19 (2.5 times) without any government policy has an impact on the decrease in East Java's regional income by 1.31% or equivalent to 4655 billion Rupiah/quarter, (2) Increasing the number The spread of covid-19 by 2.5 times accompanied by the provision of consumption credit and agricultural credit of 5% will have an impact on increasing East Java's regional income by 0.57% or equivalent to Rp. 2,021 billion/quarter, (3) An increase in consumption credit by 15% means an increase in household consumption. 2.72% or equivalent to Rp. 5,985 billion/quarter, and (4) The policy to increase money supply by 15% has an impact on increasing public consumption by 0.69% or equivalent to Rp. 1,521 billion/quarter. Based on the results, it can be concluded that the most effective policy in order to reduce the economic impact of Covid-19 is the policy to increase the provision of credit to the public in the form of consumption credit or agricultural credit by 15%.