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ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI EKSPOR CRUDE PALM OIL INDONESIA: PENDEKATAN VECTOR ERROR CORECTION MODEL Angela Gracia Permata Hati; Birgitta Dian Saraswati; Yustinus Wahyudi
Jurnal Ekonomi Dan Bisnis Vol 24, No 2 (2021): JURNAL EKONOMI DAN BISNIS SEPTEMBER 2021
Publisher : Fakultas Ekonomi Universitas Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31941/jebi.v24i2.1588

Abstract

Crude Palm Oil (CPO) is one of the non-oil exports that has the largest contribution to the total main exports of non-oil and gas commodities in Indonesia. This study aims to analyze the effect of exchange rates, CPO production, international CPO prices, and inflation rates on total CPO exports in Indonesia, and determine the shocks impact that occur on exchange rates, CPO production, international CPO prices, and inflation rates against CPO exports in Indonesia. This study used time series secondary data, namely monthly data for the 2010-2019 period. Using the vector error correction model (VECM) method, this study provides results that the exchange rate has a long-term effect on Indonesia's CPO export volume. Meanwhile, international CPO prices have a negative and significant effect on the volume of CPO exports only in the short term. However, the shock that occurs in international CPO prices will have a huge impact on the movement of Indonesia's CPO export volume. The implication is that the performance of CPO exports, which is shown by the increase in the volume of CPO exports, is strongly influenced by the price factor, both the relative price indicated by the Rupiah exchange rate indicator and international CPO price
Analisis fenomena Kurva J di Indonesia Lia Ika Lestari; Birgitta Dian Saraswati; Yustinus Wahyudi
Jurnal Ekonomi Modernisasi Vol. 18 No. 1 (2022): Februari
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (237.604 KB) | DOI: 10.21067/jem.v18i1.6438

Abstract

The free-floating exchange rate system in Indonesia has consequences for fluctuations in the Rupiah exchange rate. In accordance with the J-Curve theory, will the weakening of the Rupiah value have an impact on improving the trade balance in the long term or will it worsen the trade balance condition in the long term. This study will examine how the influence of the Rupiah exchange rate on the trade balance in both the short and long term and whether the J-Curve phenomenon occurs in Indonesia using the Vector Error Correction Model (VECM) analysis technique in the observation period 2015.1-2020.12. The results of this study prove that the J-Curve phenomenon occurs in the Indonesian economy. The findings show that the depreciation of the Rupiah in the short term will cause a trade balance deficit, but in the long term, the depreciation of the Rupiah will cause a trade balance surplus. The results of the variance decomposition show that the exchange rate has a major role in the formation of fluctuations in the trade balance. In addition, shocks that occur in the exchange rate will be responded to by movements in the trade balance position and permanent, namely for the next ten periods. The limitation of this research is that the identification of the existence of the J curve phenomenon is generally carried out on the entire trade balance. Further research is expected to identify the J curve phenomenon specifically in several trading partner countries of Indonesia.
DOES COVID-19 EXACERBATE POVERTY RATE IN INDONESIA? Birgitta Dian Saraswati; Fajar Setiawan; Virgiana Nugransih Siwi
Jurnal Ekonomi dan Pendidikan Vol 19, No 1 (2022)
Publisher : Universitas Negeri Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/jep.v19i1.48083

Abstract

Poverty is still the focus of the Indonesian government. The Covid-19 pandemic has the potential to increase the number of poor people. Therefore, this study aims to examine the effect of the COVID-19 pandemic and macroeconomic factors of inflation, economic growth and unemployment on poverty in 34 provinces in Indonesia. Using the Random Effect Model, we find that unemployment significantly affects poverty in Indonesia. while inflation and economic growth have no significant effect on poverty. In addition, this study proves that the provinces of Java and Bali, which are the areas with the highest number of Covid-19 exposures in Indonesia, have a higher poverty rate than other provinces. Therefore, vaccination is the right policy so that people can carry out normal activities and economic activities will resume running and people's incomes can incre
Kausalitas Utang Luar Negeri dan Pertumbuhan Ekonomi di Indonesia: Aplikasi Richardian Equivalence Hypothesis Birgitta Dian Saraswati; Gabriella Gabriella
Dinamika Ekonomi: Jurnal Ekonomi dan Bisnis Vol 15 No 2 (2022): DINAMIKA EKONOMI Jurnal Ekonomi dan Bisnis Vol.15 No.2 September 2022
Publisher : Sekolah Tinggi Ilmu Ekonomi Nasional (STIENAS) Banjarmasin

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53651/jdeb.v15i2.398

Abstract

This study aims to identify the causal relationship between foreign debt and economic growth and to identify the direction and influence between foreign debt and economic growth in Indonesia, both in the short term and in the long term. By using the Granger causality test method and the estimation of the error correction model with a time period of 1990-2019, this study shows that there is a one-way causality relationship between foreign debt and economic growth in Indonesia. Foreign debt affects economic growth both in the short term and in the long term. This proves that the Richardian Equivalence Hypothesis which states that foreign debt has no effect on economic growth has not been proven to occur in Indonesia.
DETERMINAN PENYERAPAN TENAGA KERJA 34 PROVINSI DI INDONESIA: PENDEKATAN FIXED EFFECT MODEL Birgitta Dian Saraswati; Yunika Damai Krisnawati; Dhian Adhitya
Jurnal Ilmiah MEA (Manajemen, Ekonomi, & Akuntansi) Vol 6 No 3 (2022): Edisi September - Desember 2022
Publisher : LPPM STIE Muhammadiah Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (375.644 KB) | DOI: 10.31955/mea.v6i3.2218

Abstract

Kondisi peningkatan keterserapan tenaga kerja di Indonesia tiap tahunnya mengalami kondisi yang meningkat namun masih terdapat celah yang lebar antara angkatan kerja dan penduduk yang bekerja. Berdasarkan fenomena tersebut, tujuan dari penelitian ini yaitu untuk mengetahui dampak pengaruh upah minimum provinsi, rata-rata lama pendidikan, PDRB dan pengeluaran pemerintah pada sektor pendidikan terhadap penyerapan tenaga kerja di 34 provinsi di Indonesia. Peneitian ini menggunakan metode analisis regresi data panel fixed effect model(FEM). Hasil pengujian menyatakan bahwa rata-rata lama pendidikan dan PDRB secara parsial berpengaruh positif dan signifikan terhadap keterserapan tenaga kerja. Namun, untuk upah minimum provinsi dan pengeluaran pemerintah sektor pendidikan secara parsial tidak berpengaruh terhadap keterserapan tenaga kerja. Pemerintah harus berupaya untuk menaikan tingkat jumlah keterserapan tenaga kerja setiap tahun melalui kebijakan-kebijakan yang mendukung peningkatan rata-rata lama pendidikan dan peningkatan PDRB setiap tahunnya guna mendukung peningkatan keterserapan tenaga kerja di Indonesia.
Digital Marketing Utilization Determinants: Study on MSEs in Salatiga City Fevriera, Sotya; Saraswati, Birgitta Dian; Adhitya, Dhian; Siwi, Virgiana Nugransih; Wahyudi*, Yustinus
JURISMA : Jurnal Riset Bisnis & Manajemen Vol. 13 No. 2: Oktober 2023
Publisher : Program Studi Manajemen, Fakultas Ekonomi dan Bisnis, Universitas Komputer Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34010/jurisma.v13i2.10988

Abstract

This research aims to identify the factors influencing the use of digital marketing by Micro, Small, and Medium Enterprises (MSMEs) and to examine the factors affecting the preference for digital marketing usage by MSMEs in the city of Salatiga. The research sample consists of 135 business units representing MSMEs in Salatiga. Data analysis techniques involve descriptive statistical analysis, qualitative analysis, binomial and multinomial logistic regression. The research findings provide evidence of the implementation of the UTAUT theory, particularly concerning performance expectations and facilitating conditions, significantly influencing the probability of digital marketing usage and the marketing of business products. Surprisingly, acceptance as part of performance expectations has a negative impact on digital marketing usage, especially on social media platforms. Furthermore, digital marketing proves to be of paramount importance for MSMEs looking to expand their businesses. Keywords: MSMEs; Digital Marketing; Covid-19; UTAUT Theory; Logistic Regression
Determinan stabilitas perbankan di Indonesia: Pendekatan makro dan mikro prudensial Dewi, Jayanti Sukma; Saraswati, Birgitta Dian
Journal of Business & Banking Vol 13 No 2 (2023): November 2023 - April 2024
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/jbb.v13i2.4470

Abstract

Banks have a very important role in the economy. Not only as financial intermediaries. They have also played a big role in the effectiveness of monetary policy. Therefore, bank stability is very important. This research aims to determine the influence of micro-prudential variables represented by CAR, NPL, and LDR variables, as well as the influence of macro-prudential variables represented by the Rupiah exchange rate variable against USD, inflation, interest rates, and IHSG, on bank stability in Indonesia, both in the short and long term. Using the vector error correction model (VECM) analysis technique, this research provides results that microprudential variables and macroprudential variables are both proven to have an influence on banking stability in Indonesia. Micro-prudential indicators such as CAR and LDR have been proven to have a positive effect on banking stability. Meanwhile, NPLs have a negative effect on banking stability. Likewise for macro-prudential indicators: the exchange rate and inflation have a negative effect on financial system stability. Meanwhile, interest rates and IHSG have a positive effect on banking stability. The impact of surprises or shocks that occur in micro-prudential and macro-prudential variables on banking stability is permanent. The implication of the findings in this research is that Bank Indonesia and the Financial Services Authority have a very large role in achieving banking stability in Indonesia.
PENGARUH DIMENSI INKLUSI KEUANGAN DAN FINTECH TERHADAP PERTUMBUHAN EKONOMI NEGARA BERKEMBANG DI ASIA DENGAN INDEKS INKLUSI KEUANGAN TINGGI Saraswati, Birgitta Dian
Jurnal Ilmiah Bisnis dan Ekonomi Asia Vol 17 No 1 (2023): Jurnal Ilmiah Bisnis dan Ekonomi Asia
Publisher : LP2M Institut Teknologi dan Bisnis Asia Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32815/jibeka.v17i1.1161

Abstract

This study aims to determine the effect of access dimensions, availability dimensions, usage dimensions as indicators of financial inclusion and fintech on economic growth in Indonesia, India, Thailand, the Philippines and Cambodia which are developing countries in Asia with a high level of financial inclusion. The data used is a combined panel data between the crosssection data of the five countries and the time series in the 2015-2019 time period. By using the Fixed Effect Model (FEM) method, this study shows that the availability dimension with the number of commercial bank branch offices has a significant effect in a negative direction and the usage dimension with loans disbursed by commercial banks has a significant positive effect on economic growth. While the access dimension with indicators of ownership of commercial bank savings accounts and payment fintech has no significant effect on economic growth.
Kegiatan Edukasi Keungan Digital Dan Pengelolaan Keuangan Untuk Meningkatkan Kesejahteraan Keuangan UMKM di Kota Salatiga Saraswati, Birgitta Dian; Fevriera, Sotya; Pertiwi, Angelita Titis; Jati, Muhammad Sulistyo; Sasongko, Gatot; Wahyudi, Yustinus
DIMASEKA Vol 2 No 02 (2024): Oktober 2024
Publisher : FEB Universitas Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31941/dimaseka.v2i02.197

Abstract

Perdagangan merupakan sektor utama yang mendukung pendapatan Kota Salatiga. Akan tetapi penggunaan teknologi digital dalam usaha pelaku usaha masih rendah. Untuk itu dilakukan kegiatan edukasi keuangan digital dan pengelolaan keuangan untuk meningkatkan kesejahteraan keuangan UMKM. Sebelum edukasi, dilakukan identifikasi tingkat literasi keuangan, keuangan digital dan kesejahteraan keuangan. Berdasarkan 57 peserta dari total 67 peserta yang datang, diketahui bahwa literasi keuangan masih tergolong sedang dan perlu ditingkatkan. Sementara literasi keuangan digital dan kesejahteraan keuangan masih sangat rendah dan perlu dilakukan pendampingan lebih lanjut.
Pengaruh Karakteristik Usaha dan Akses LKM Terhadap Omzet Pedagang Mikro Perempuan Salatiga Manullang, Tya Anastasya; Thenu, Tirsa Natasha; Sundari, Sundari; Saraswati, Birgitta Dian
MDP Student Conference Vol 4 No 2 (2025): The 4th MDP Student Conference 2025
Publisher : Universitas Multi Data Palembang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35957/mdp-sc.v4i2.10934

Abstract

This study evaluates the impact of access to Microfinance Institutions (MFIs) on the development of women-owned micro-enterprises in Salatiga City. Using a quantitative approach and multiple regression analysis, the study involved 90 female micro-entrepreneurs. The variables examined include education level, business competition, ownership status, business age, and MFI access in relation to business revenue. The findings reveal that education level significantly influences revenue, while other variables show no significant impact. Most entrepreneurs rely on self-funding (61%), with only 28% utilizing MFI loans, influenced by high borrowing costs and complex procedures. This study highlights the need for more inclusive financial access and empowerment strategies for female entrepreneurs to support the sustainable growth of micro-enterprises.