Alvin Sugeng Prasetyo
Universitas Trunojoyo Madura

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Analisis Perilaku Kurs IDR/USD Berdasarkan Model Hooper-Morton (Analyze The Behavior of Exchange Rate IDR/USD Based on Hooper-Morton’s Model) Alvin Sugeng Prasetyo
MediaTrend Vol 13, No 2 (2018): Oktober
Publisher : Trunojoyo University of Madura

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21107/mediatrend.v13i2.4368

Abstract

This study aims to analyze the behavior of the rupiah/US$ based on the Hooper-Morton model approach. The method used is ECM with time series data of 2002 quarter 1 to 2017 quarter 4 in Indonesia. The conclusion of this study is the difference of M2 growth, the difference of economic growth, the difference of inflation, and the difference of growth of trade balance have significant influence to rupiah/US$ in long term and short term.
Economic development on Madura Island through halal tourism: A business feasibility study Zakik Zakik; Ahmad Kamil; Alvin Sugeng Prasetyo; Muhamad Nafik Hadi Ryandono; Ida Wijayanti
al-Uqud : Journal of Islamic Economics Vol. 6 No. 2 (2022): July
Publisher : Universitas Negeri Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (436.869 KB) | DOI: 10.26740/aluqud.v6n2.p289-303

Abstract

The main objective of this research is to analyze the business feasibility of a halal tourism destination in Madura, exclusively Lon Malang Beach. The analysis includes technical, social economic, and financial feasibility study. The financial analytical method used in this study is Investment Feasibility Analysis includes Payback Period (PP), Net Present Value (NPV), and Benefit Cost Ratio (BCR). The investment feasibility analysis is used to determine the level of return-on-investment alternatives, assess investment alternatives, and determine priorities for investment, thus avoiding investments that only waste resources. The measurement results show that the Payback Period (PP) is in the 9th year, which means that in 9 years, this project will have a return on investment. NPV values greater than 0 and BCR of more than 2 indicate that the Lon Malang tourism development project is feasible. This research is the first research to bring ideas about a feasibility study in halal tourism sectors. This research enriches the knowledge and research on feasibility studies of halal tourism sectors. This research is said to bring important information in decision-making, especially to improve the business and guide the decision-making of investors and government parties, especially in Madura Regency.
Romer's Hypothesis Validation and Threshold of Trade Openness in ASEAN Anggit Hamidi; Alvin Sugeng Prasetyo
Buletin Ekonomika Pembangunan Vol 3, No 1 (2022): FEBRUARY
Publisher : Jurusan Ilmu Ekonomi Fakultas Ekonomi Universitas Trunojoyo Madura

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21107/bep.v3i1.18500

Abstract

The purpose of this study is to test and analyze Romer's hypothesis regarding the impact of trade openness on inflation. In addition, this study also aims to measure the threshold point of trade openness. The method used is the System GMM and the Threshold Panel for the period 2010-2021. The estimation results show that trade openness has a significant effect on inflation. The sign of the coefficient of trade openness is positive, meaning that an increase in trade openness will lead to higher inflation. These results mean that Romer's hypothesis is invalid in ASEAN. The government is expected to be able to reduce the degree of trade openness by re-establishing agreements with bilateral and multilateral countries. If the trade agreement is profitable then it is continued, if it is not profitable it is better not to continue. Keywords: Trade Openness, Inflation, System GMM, ASEAN
Creative Economy Analysis with Penta Helix Identification in Tanjung Bumi Blue Coast Culinary MSMES Bangkalan Regency Dimas Mahmudi Umar; Alvin Sugeng Prasetyo
INCOME: Innovation of Economics and Management Vol. 3 No. 1 (2023): June
Publisher : LPPM Universitas KH. A. Wahab Hasbullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32764/income.v3i1.5002

Abstract

One of the things that will have a positive impact on the economy of Bangkalan Regency is the growth of the creative economy. This system relies on human creativity and ideas to drive economic activities. The creative economy emphasizes the creation of diverse creative thoughts and ideas as the main source of inspiration in the economic movement. The government is currently concentrating on the growth of the creative economy in the hope of helping MSMEs in Bangkalan Regency, especially the Tanjung Bumi Blue Beach tourist attraction, develop faster. The purpose of this study is to design a creative economy plan for the culinary subsector in the Tanjung Bumi Biru Beach tourist area, Bangkalan Regency. SWOT and Penta Helix techniques were used in the methodology of this study. Where the strategy is intended to boost Tanjung Bumi blue beach tourism and culinary MSME income. The increase in revenue is due to more and more visitors taking full advantage of digital tourism.