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Peningkatan Kinerja Industri Manufaktur di Indonesia Melalui Penurunan High Cost Economy Periode 1990-2003 Gitaharie, Beta Yulianita; Mardanugraha, Eugenia; Nuryakin, Chaikal; Suraya, Suraya
Jurnal Ekonomi dan Pembangunan Indonesia Vol. 8, No. 1
Publisher : UI Scholars Hub

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Abstract

The economic crises attacking Asian regions in the mid of /997 have brought depressing impacts to Indonesia's economy. Indonesia experiences a declining share of investment- it is even the lowest amongst neighboring countries. Indonesia also ranks the first position in the issue of inefficiency which further discourages investors to invest in Indonesia. The study focuses on the issue of efficiency in the manufacturing industry whose share in the economy tends to increase during 1988-2005 in a higher percentage than in the agriculture and services sectors. The objectives of the study are two-folds, first is to measure the score ofefficiency in the manufacturing industry in order to identify which in industries are classified as efficient, moderately efficient, or less efficient. Secondly is to identify whether there is an association between input factor or output degree ofprotection and the score of inefficiency ofa 5-digit-ISIC industry. The method employs in the study is the stochastic production frontier where efficiency is an explicit function ,of specifically determining factors. The study finds that wood preservative industry has the highest efficiency score, while garment and textile industry has the lowest. The study also discovers there are more industries with less and moderately efficient classification. Sources of inefficiency are from the high output tariffs, which have potential contributions to high price and less competitive products in the market. The study recommends that manufacturing industries with low scores of efficiency should improve their productivities through lower cost of production. The government has to make effort to reduce tariff for finished goods. Taxes on luxurious goods and duty charges for export oriented industries should be eliminated as an alternative to increase efficiency in the manufacturing industry. Comparative advantages, particularly for linkage industries, should be improved.
Evaluasi Merger Perbankan di Indonesia Ditinjau Melalui Fungsi Biaya Parametrik Mardanugraha, Eugenia
Jurnal Ekonomi dan Pembangunan Indonesia Vol. 6, No. 1
Publisher : UI Scholars Hub

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Analysis Of Market Structure And Profitability In The 10 Largest Banks In Indonesia Using The Structure Conduct Performance Method Lestari, Sri Puji; Mardanugraha, Eugenia
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis Vol 14 No 2 (2026): April
Publisher : UNIVED Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/ekombis.v14i2.9267

Abstract

This study aims to analyze the influence of market structure on the profitability of the largest commercial banks in Indonesia during the 2021–2024 period. The main focus of the study is on the relationship between market concentration (CR), market share (MS), and its interaction with Return on Assets (ROA), with the Structure-Conduct-Performance (SCP) approach. The research method used a descriptive quantitative approach with panel data analysis on the 10 largest banks, covering more than 65% of the assets of the national banking industry. The estimation model used is the Random Effect Model, with control variables such as Loan to Deposit Ratio (LDR), total assets (ASSET), cost efficiency (CIR), and non-performing loans (NPL). The results showed that the CR and MS variables generally had a negative effect on ROA, while control variables such as LDR and ASSET had a significant positive effect. The interaction between MS and CR (MSCR) is also negative, suggesting that market dominance in a concentrated structure is not always advantageous. Implicitly, a bank's profitability is influenced more by operational efficiency and risk management than market forces. Therefore, regulators are advised to focus on improving efficiency through stricter supervisory policies, instead of encouraging market concentration as a means of improving banking performance.
Analysis of the Effect of Monetary Policy on Bank Profitability in Indonesia During the Pandemic Roni Cahyadi; Eugenia Mardanugraha
Journal of Social Research Vol. 3 No. 3 (2024): Journal of Social Research
Publisher : International Journal Labs

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55324/josr.v3i3.1952

Abstract

This research aims to analyze the impact of monetary policy on bank profitability in Indonesia during the pandemic using panel data from 93 banks in Indonesia with a time span from 2017-2022 using the Generalized Method of Moments (GMM) approach. The motivation for this research comes from the identification that the relationship between monetary policy and bank profitability is simultaneously very important because it has significant implications in efforts to maintain monetary stability and financial system stability. The research results show that there is a significant positive impact of monetary policy in the form of the BI7DRR policy interest rate on the ROA, ROE and NIM ratios in the 2017-2022 period. Furthermore, the BI7DRR interest rate policy had a significant positive effect on ROA and ROE before and during the pandemic with a greater influence during the pandemic for ROA and during the pre-pandemic period for the ROE ratio. This reflects that banks in Indonesia have not yet fully found a way to anticipate the impact of lower policy interest rates on their profitability. Meanwhile, BI7DRR only had a significant effect on NIM in the pre-pandemic period, considering that the decline in BI7DRR was not immediately responded to by banks by reducing credit interest rates.
Peran Intermediasi Bank Pembangunan Daerah (BPD) Terhadap Pertumbuhan Ekonomi Daerah Berly, Berly; Mahi, Benedictus Raksaka; Mardanugraha, Eugenia
Jurnal Akuntansi dan Bisnis Vol 22, No 2 (2022)
Publisher : Accounting Study Program, Faculty Economics and Business, Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jab.v22i2.830

Abstract

This study examines the impact of the intermediary role of 27 Regional Development Banks (RDB) on regional economic growth using county and city panel data for the 2015 – 2019 period. The test uses a fixed effect regression model with control variables of labour force participation rates, education, and local government spending. The findings of this study were the role of RDB intermediation has a significant positive effect in encouraging regional economic growth in all counties and cities. The study found that the impact of third party funds was higher if all of it disbursed into credit on the growth of real Gross Regional Domestic Product per capita. Third-party funds proven to increase capital accumulation channelled through credit, thereby encouraging economic growth. RDB has a role in reducing the obstacles to collecting funds in the district by distributing Third - party funds from the city to credit in the county. The results of the study shows that the impact of consumption and productive credit in county and city showed different results. In the county, consumer credit increases the purchasing power of households, while in the city, productive credit becomes physical capital accumulation with a higher multiplier so that it has a positive effect on economic growth. These results suggest that RDB should improve their active role in credit distribution, both in increasing the number and quality of intermediation, especially for productive use that is evenly distributed throughout the region. RDB needs to increase the capacity of lending, especially through increasing capital. Penelitian ini menguji dampak peran intermediasi 27 BPD terhadap pertumbuhan ekonomi daerah menggunakan data panel kabupaten dan kota periode tahun 2015 – 2019. Pengujian menggunakan regresi model efek tetap dengan variabel kontrol tingkat partisipasi angkatan kerja, pendidikan, dan belanja pemerintah daer ah. Hasil penelitian membuktikan peran intermediasi BPD berpengaruh positif signifikan mendorong pertumbuhan PDRB riil per kapita pada keseluruhan kabupaten dan kota. Penelitian menemukan dampak Dana Pihak Ketiga (DPK) lebih tinggi apabila seluruhnya disalurkan menjadi kredit terhadap pertumbuhan PDRB riil per kapita. DPK terbukti meningkatkan akumulasi modal yang disalurkan melalui kredit sehingga mendorong pertumbuhan ekonomi. BPD berperan mengurangi kendala penghimpunan dana di kabupaten dengan mendistribusikan DPK dari kota menjadi kredit di kabupaten. Hasil penelitian dampak kredit konsumsi dan produktif di kabupaten dan kota menunjukkan hasil berbeda. Di kabupaten kredit konsumsi meningkatkan daya beli rumah tangga, sedangkan di kota kredit produktif menjadi akumulasi modal fisik dengan multiplier lebih tinggi sehingga berpengaruh positif terhadap pertumbuhan ekonomi. Mengacu konteks pembangunan Indonesia yang masih dalam tahap perkembangan, diperlukan peran aktif penyaluran kredit BPD baik peningkatan jumlah maupun kualitas intermediasi terutama untuk penggunaan produktif yang merata di seluruh daerah. BPD perlu meningkatkan kapasitas penyaluran kredit terutama melalui peningkatan permodalan.