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DETERMINAN CADANGAN DEVISA DI 5 NEGARA ASEAN PASCA GEJOLAK EKONOMI COVID-19 Ambarwati, Dwi; Oktavilia, Shanty
SIBATIK JOURNAL: Jurnal Ilmiah Bidang Sosial, Ekonomi, Budaya, Teknologi, Dan Pendidikan Vol. 4 No. 7 (2025)
Publisher : Penerbit Lafadz Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/sibatik.v4i7.2915

Abstract

This study examines the macroeconomic factors influencing foreign exchange reserves in five ASEAN countries (Indonesia, Malaysia, Thailand, Vietnam, and the Philippines) during the 2022–2024 period, in the aftermath of the COVID-19 pandemic and rising global interest rates. A panel data regression using the Fixed Effect Model (FEM) was employed. Independent variables include exports, imports, exchange rates, inflation, benchmark interest rates, and foreign direct investment (FDI), with foreign exchange reserves as the dependent variable. Results show that all variables have significant effects. Imports, exchange rates, interest rates, inflation, and FDI contribute to the increase in reserves, while exports have a negative impact. This suggests that heavy reliance on imported raw materials reduces the positive contribution of exports. Policy implications include strengthening export structures, managing productive imports, stabilizing exchange rates, controlling inflation, and enhancing the quality of FDI. The findings offer empirical insights for external resilience strategies in the ASEAN region.
Analisis dan Faktor Indeks Pembangunan Manusia di Jawa Tengah Riana, Aan; Khafid, Muhammad; Oktavilia, Shanty
Jurnal Ekonomi, Manajemen dan Akuntansi (JEMA) Universitas Ngudi Waluyo Vol. 3 No. 2 (2022): Periode Agustus 2022 - JEMA
Publisher : Universitas Ngudi Waluyo

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Abstract

Human development is a concept used to improve the quality of people's lives and to achieve the common goals of a country. This study aims to determine the effect of Poverty, Growth Rate and Minimum Wage on the Human Development Index in Central Java. This type of research is quantitative research. This study uses panel data with a total of 175 observations consisting of time series data for 2016-2020 and cross data of 35 districts/cities in Central Java Province. The results of this study indicate that there is a significant effect of poverty, growth rate and minimum wage on the Human Development Index. Poverty has a significant negative effect on the Human Development Index, the growth rate has a positive and significant effect on the Human Development Index and the minimum wage has a positive and significant effect on the Human Development Index.
Development Strategy of Soy Sauce Business in Purwodadi District Grobogan Regency Tamara, Ervina Ayu; Prajanti, Sucihatiningsih Dian Wisika; Oktavilia, Shanty
Journal of Economic Education Vol. 13 No. 2 (2024): December 2024
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jeec.v13i2.28417

Abstract

The numerous of soy sauce factories that are spread throughout Indonesia, such as Udang and Bawang soy sauce brands are two of the industry players that are most well-known in Grobogan Regency and its surrounding area. This research aimed to discover the strategy used in soy sauce business development in Purwodadi District, Grobogan Regency. The population of this research used a keyperson that consisted of 3 people. The method used in this research is a mixed method and used descriptive qualitative, Analytical Hierarchy Process (AHP) and Matrix of Alliance, Conflicts, Tactics, Objectives, and Recommendations (MACTOR) to analyze the result. The research subjects are government policy, human resources, and institutional. The result shows based on AHP analysis, the priorities of business development strategy are as follows (1) government policy criteria in the amount of 0.402; (2) Human resource criteria in the amount of 0.402; (3) Institutional criteria in the amount of 0.144. Furthermore, in the MACTOR analysis stated that there are 6 actors and 7 goals that have a role in the effort to develop the soy sauce business, distributor, retailer, consumer, and raw materials supplier. Meanwhile, there are 2 most significant objectives namely Increasing Promotional and Marketing Capability and synergy in Increasing Productivity. The suggestion from this study is that the most prioritized policies are on providing training and facilitating business licensing, promotion, and marketing training. Meanwhile, for further research, can develop existing research by adding, comparing or evaluating the results of variables and analysis to be more complex, comprehensive, and integrated.
Inhibiting Factors for Poverty Reduction and Alleviation Strategies: Interpretative Structural Modeling Approach Fafurida; Prajanti, Sucihatiningsih Dian Wisika; Shanty Oktavilia
JEJAK Vol. 18 No. 1 (2025): March 2025
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v18i1.9585

Abstract

  This research aims at analyzing Inhabiting Factors for the Success of Poverty Handling and Its Alleviation Strategy in Kebumen Regency. This research uses two types of data sources, primary and secondary data. The population in this research is the poor people in Kebumen Regency. The research takes the proportional random sampling technique. This technique is used because of the grouping of the poor in Kebumen Regency. There are 100 poor people as the samples in Kebumen Regency. The first analysis method in this research, which is the analysis of inhibiting factors for poverty alleviation in Kebumen Regency, is the Interpretative Structural Modeling (ISM) analysis. The second is the Mactor method. The third one is the Analytical Hierarchy Process (AHP), which is a comprehensive decision-making model that takes into account qualitative and quantitative matters. The results of research indicate that poverty alleviation efforts in Kebumen Regency require the involvement of various parties, either from the government, academics, the community, entrepreneurs, the media and also NGOs. The results of analysis indicate that there are eight actors who play key roles in poverty alleviation in Kebumen Regency, including the Kebumen Regency Government, Universities and Educational Institutions, Business Actors and Industries, international organizations and donors, Non-Governmental Organizations, Mass Media, Religious Organizations and also Local Communities. The most prioritized policies in poverty alleviation efforts in Kebumen Regency are as follows. The first is improving education and skills. The second priority is health services. The third one is improving basic infrastructure. While the last priority is local economic empowerment.
DETERMINAN PERTUMBUHAN EKONOMI DAN KUALITAS LINGKUNGAN PADA NEGARA BERKEMBANG DI ASIA-PASIFIK Amilia Widya Pangesti; Heri Yanto; Shanty Oktavilia
Business and Economic Analysis Journal Vol. 4 No. 1 (2024): May 2024
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/beaj.v4i1.d1w6r916

Abstract

Pertumbuhan ekonomi Asia-Pasifik merupakan hasil dari integrasi berbagai negara terhadap ekonomi global. Namun demikian pertumbuhan di wilayah tersebut menyebabkan beberapa masalah diantaranya masalah lingkungan. Adapun tujuan dari penelitian ini yaitu untuk menganalisis faktor-faktor yang mempengaruhi pertumbuhan ekonomi dan kualitas lingkungan negara berkembang di kawasan Asia-Pasifik. Penelitian ini menggunakan pendekatan kuantitatif dengan objek penelitian yaitu negara berkembang di kawasan Asia-Pasifik dari periode 2015 hingga 2020. Sumber data dikumpulkan dari laman World Bank Indicator dan Transparency International serta laman kredibel lainnya. Analisis data dilakukan dengan analisis data panel menggunakan aplikasi Eviews 12. Berdasarkan hasil analisis maka dapat disimpulkan bahwa determinan pertumbuhan ekonomi adalah tingkat korupsi, konsumsi energi dan perdagangan bebas. Sedangkan determinan kualitas lingkungan adalah tingkat korupsi dan konsumsi energi. Saran yang dapat diberikan yaitu perlunya setiap negara untuk menjaga iklim ekonomi serta stabilitas politik dan hukum untuk dapat menarik investor asing masuk ke negaranya. Selain itu, perlu juga untuk mengkaji kebijakan investasi asing untuk lebih mendorong pemerataan pembangunan.
INTERACTION BETWEEN GOVERNMENT EXPENDITURE, GOOD GOVERNANCE, AND ECONOMIC GROWTH IN THE ASIA AND AFRICA REGION Dwi Tri Mega Rahayu; Andryan Setyadharma; Shanty Oktavilia
Business and Economic Analysis Journal Vol. 4 No. 2 (2024): November 2024
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/beaj.v4i2.3traek57

Abstract

This research is motivated by the gap phenomenon in Asia and Africa, where there is a discrepancy between theory and previous research and the reality in these two regions. Based on government governance data, Asia and Africa have institutional qualities that could be better than other regions in the world. However, poor institutional quality does not reduce economic growth in the Asian and African regions. This research uses data from the World Bank and World Governance Indicators for the 2000-2022 period using variables of government governance, government spending, and economic growth. This research uses the FMOLS method using Eviews 10. The research results show that political stability, regulatory quality, and control of corruption have a positive and significant effect on economic growth in the Asian and African regions. Meanwhile, the effectiveness of government performance and the rule of law positively and significantly impact economic growth in the Asian region but do not influence the African region. The research results on the voice and accountability variables show no influence on economic growth in the Asian region. Still, the African region positively and significantly impacts economic growth.
Analysis of Palm Oil Price in Southeast Asia Lestari, Dwi; Oktavilia, Shanty
AFEBI Economic and Finance Review Vol. 5 No. 2 (2020): December
Publisher : Asosiasi Fakultas Ekonomi dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47312/aefr.v5i02.494

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This study aimed to analyze some factors influencing fluctuations of palm oil (CPO) prices in 3 (three) countries in Southeast Asia. This study analyzes the factors that influence domestic CPO prices from the supply and demand side. International CPO prices, coconut oil prices, and CPO consumption are factors that influence domestic CPO price fluctuations from the demand side, while CPO production is a factor affecting domestic CPO price fluctuations from the supply side. This study uses a quantitative method, where the type of data used in this study is panel data taken from 3 countries, namely Indonesia, Malaysia, and Thailand from 1998-2019. The data were analyzed using multiple linear regression, where the variables used included domestic CPO prices, international CPO prices, coconut oil prices, CPO production, and CPO consumption as independent variables. This study shows that all the independent variables significantly affect the domestic CPO price variable, except for the CPO consumption variable, and all the independent variables have a positive effect on the domestic CPO price variable, except for the CPO production variable. The international CPO price variable is the most dominant in influencing domestic CPO price fluctuations.
VIRTUAL REALITY E-TOURISM SEBAGAI ALTERNATIF MEDIA PROMOSI DESA WISATA BEJALEN DI MASA PANDEMI COVID-19 Kistanti, Nurjannah Rahayu; Oktavilia, Shanty; Fafurida, Fafurida; Rahman, Yozi Aulia
BUDIMAS : JURNAL PENGABDIAN MASYARAKAT Vol. 6 No. 1 (2024): BUDIMAS : Jurnal Pengabdian Masyarakat
Publisher : LPPM ITB AAS Indonesia Surakarta

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Abstract

Pada saat pandemi covid-19, adanya larangan berpergian yang menyebabkan berkurangnya pengunjung dan pada akhirnya menyebabkan pendapatan pelaku wisata ini turun tajam. Salah satu desa yang bergantung pada wisata yaitu Desa Wisata Bejalen Kabupaten Semarang. Salah satu upaya bertahan di era pandemi dengan tetap mengeksiskan destinasi wisata yang memanfaatkan teknologi informasi e-tourism berbasis virtual tour video 360o. Tujuan dari pengabdian ini yaitu pelatihan dan pendampingan pembuatan virtual tour berbasis virtual reality video 360o. Metode pelaksanaan kegiatan pengabdian menggunakan pendekatan aksi yang terbagi dalam tiga jenis kegiatan yaitu pemberian pelatihan pembuatan virtual reality video 360o, pendampingan dalam membuat virtual tour menggunakan sosial media dan selanjutnya kegiatan supervisi. Hasil kegiatan pengabdian pada tahap pelatihan dan pendampingan pembuatan virtual tour terbagi dalam 3 fase yaitu fase pertama memetakan potensi objek destinasi wisata Desa Bejalen yang menjadi fokus utama yang akan ditampilkan pada situs e-Tourism seperti atribut wisata, lingkungan alam. Fase kedua terdiri atas proses video capture dan proses video editing. Fase ketiga dari pengembangan e-Tourism adalah pembuatan web site. Setelah tahap pelatihan dan pendampingan dilakukan kegiatan supervisi. Hasil kegiatan supervisi bahwa pengabdian berjalan dengan lancar dan hasil virtual tour sesuai yang diharapkan karena adanya dukungan oleh pemerintah desa dan masyarakat Desa Bejalen.
Determinasi Emisi Karbon di 10 Negara Asia Pasifik Ikram, Alvithra Ainal; Oktavilia, Shanty
Journal of Economics and Business Vol 5, No 2 (2023): November
Publisher : Ikatan Sarjana Ekonomi Indonesia Cabang Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47729/indicators.v5i2.151

Abstract

Menurunnya kualitas lingkungan disebut dengan degradasi lingkungan. Degradasi lingkungan tidak dapat lepas dari adanya pengaruh aktivitas ekonomi. Salah satu penyebab dari adanya degradasi lingkungan adalah meningkatnya emisi karbon yang ditimbulkan oleh pembangunan ekonomi, polusi berupa asap kendaraan, asap rokok, pembakaran hutan, dan sebagainya. Peningkatan emisi karbon hampir terjadi di setiap tahun pada sepuluh negara Asia Pasifik yang diteliti. Oleh karena itu tujuan dari penelitian ini adalah untuk menganalisis determinasi emisi karbon di 10 negara Asia Pasifik pada tahun 2007-2021. Penelitian ini menggunakan pendekatan kuantitatif dengan metode analisis deskriptif dan regresi dengan metode data panel. Variabel yang digunakan adalah PDB, jumlah penduduk, ekspor, dan emisi karbon. Penelitian ini menggunakan data sekunder yang diperoleh dari World Bank, BP Statistic, dan BPS. Hasil penelitian menunjukkan bahwa PDB memiliki pengaruh positif terhadap emisi karbon, jumlah penduduk memiliki pengaruh positif terhadap emisi karbon, dan ekspor memiliki pengaruh positif terhadap emisi karbon di sepuluh negara Asia Pasifik. 
Digital Financial Instruments, Financial Inclusion, and Regional Economic Performance in Indonesia Puspita, Maylawati Arum; Oktavilia, Shanty
Signifikan: Jurnal Ilmu Ekonomi Vol. 15 No. 1 (2026)
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v15i1.50225

Abstract

Research Originality: This study examines the joint effects of digital financial instruments and financial inclusion indicators on regional economic performance during the post-pandemic period of accelerated digital transformation. Research Objectives: The study aims to analyze the impact of electronic money transactions, third-party funds of Rural Banks (BPR), credit card transactions, and household internet access on Gross Regional Domestic Product (GRDP) per capita. Research Methods: Using panel data from 38 provinces over the 2020–2024 period, this study employs panel regression analysis. Based on the Chow and Hausman tests, the Fixed Effects Model (FEM) is selected as the most appropriate estimator. Empirical Results: The findings indicate that electronic money transactions, credit card transactions, and household internet access have a positive effect on GRDP per capita. In contrast, third-party funds of Rural Banks do not demonstrate a significant relationship with regional economic performance. Implications: The results underscore the importance of strengthening digital financial ecosystems and expanding digital infrastructure to foster inclusive and sustainable regional economic growth in emerging economies. JEL Classification: O16, O33, R11, G21
Co-Authors . Firmansyah . Marwani AA Sudharmawan, AA Aan Riana Achmad Noerkhaerin Putra Ageng Cokro Syahid Hasyim Agus Rubianto Rahman, Agus Rubianto Ahmad Syahrul Fauzi Aisyah, Fiki Dwi Akhmad Syakir Kurnia Akhmad Syakir Kurnia Amilia Widya Pangesti Andini Kurniasari Andryan Setyadharma Annis Khoirunnisa Anton Supriyadi Arifin, Mifta Qoirun Nisa Astuninggar, Hestin Azizah, Farida Nur Bintang Satrio Wibowo Bintang Satrio Wibowo Deky Aji Suseno, Deky Aji Dena Ayu Aviantih Dwi Ambarwati, Dwi Dwi Lestari Dwi Lestari Dwi Rahmayani Dwi Rahmayani, Dwi Dwi Tri Mega Rahayu Dyah Maya Nihayah Elvira Latifa Isnaini Erman Denny Arfinto Evi Yulia Purwanti Fafurida Fafurida Fauziah, Syiva Firmansyah Firmansyah Firmansyah Firmansyah Firmansyah Firmansyah Heri Yanto Herlina Kurniawati Herry, Yulistiyono Ibnu Hiban Ikram, Alvithra Ainal Ilham Aldi Nurrochman Indah Fajarini Indah Fajarini Indah Fajarini Sri Wahyuningrum, Indah Fajarini Sri Ismadiyanti P Astuti, Ismadiyanti P Isnaini, Elvira Latifa Karsinah - Karsinah Karsinah Khoiriyanah, Umi Kurniasari, Andini Lisdiana Lisdiana M. Nuur Fauzi Maruto Umar Basuki Mei Lina Muhammad Ihlashul Amal Muhammad Ihlashul Amal Muhammad Khafid Muhammad Khafid Murwatiningsih Murwatiningsih Niswah Baroroh Nurjannah Rahayu Kistanti Phany Ineke Putri, Phany Ineke Prasetyo Ari Bowo, Prasetyo Ari Pratama, Dafa Afif Puspita, Maylawati Arum Reikha Habibah Yusfi Retno Febriyastuti Widyawati Riana, Aan Ririn Bella Silvia Silvia, Ririn Bella Sri Hestiningsih Widiyanti Sri Utami SRI UTAMI Sri Utami Sucihatiningsih Dian Wisika Prajanti Syafna Fauzia Syiva Fauziah Tamara, Ervina Ayu Tania Wicaksana Yuneldi Tutik Tutik Wahyu Widodo Wiwin Widiastuti Yozi Aulia Rahman Yozi Aulia Rahman, Yozi Aulia