Articles
Asosiasi antara Kurs dan Harga Saham dengan Error Correction Model (Studi Periode 2000-2003)
Maski, Ghozali;
Satria, Dias
TEMA Vol 5, No 1 (2004)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya
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DOI: 10.18202/tema.v5i1.123
Globalisasi di sektor keuangan semakin meningkat seiring dengan kontribusi portofolio asing di pasar keuangan domestik. Tingginya mobilitas modal portofolio di pasar saham dan pasar uang telah meningkatkan volatilitas dan resiko yang berasosiasi dengan stabilitas kurs secara umum. Asosiasi hubungan inilah yang hendak dipelajari melalui hubungan antara kurs dan indeks saham. Dalam melihat kemungkinan mekanisasi yang berbeda antar hubungan kurs dan harga saham khususnya sejak era floating exchange rate, maka penelitian ini diharapkan dapat menjawab bentuk hubungan yang terjadi antar variabel tersebut. Hasil estimasi menunjukkan konsistensi secara teoritis dengan pendekatan portofolio balance, dimana pergerakan indeks saham berpengaruh kuat terhadap fluktuasi kurs. Hal ini didukung dengan hasil estimasi model ECM (Error Correction Model) yang menunjukkan signifikansi baik dalam jangka pendek dan jangka panjang, yang juga berarti model telah konsisten secara teoritis. Pada akhimya, penelitian ini ditujukan untuk memberikan informasi bagi tercapainya stabilitas sistem keuangan, serta menginformasikan jalur moneter yang lain (harga asset), yang penting untuk mengukur determinasi kurs dalam jangka pendek.Kata kunci: Globalisasi, Portofolio, Kurs dan Saham
MODEL OF CAUSALITY BETWEEN FOREIGN DIRECT INVESTMENT AND GROSS DOMESTIC PRODUCT ON ASEAN-5 COUNTRIES FROM 1980-2014
Supriyadi, Dedy;
Satria, Dias
Journal of Indonesian Applied Economics Vol 7, No 1 (2017)
Publisher : Department of Economics, Faculty of Economics and Business, Universitas Brawijaya
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DOI: 10.21776/ub.jiae.2017.007.01.1
The study examines the relationship between foreign direct investment (FDI) and gross domestic product (GDP) for ASEAN-5 countries between periods 1980 to 2014. The study uses a Toda-Yamamoto granger causality model to test the causality between the FDI and the GDP. The results show that the ASEAN countries are differently in responding the impacts of FDI to the GDP.Â
STRATEGI PENGEMBANGAN EKOWISATA BERBASIS EKONOMI LOKAL DALAM RANGKA PROGRAM PENGENTASAN KEMISKINAN DI WILAYAH KABUPATEN MALANG
Satria, Dias
Journal of Indonesian Applied Economics Vol 3, No 1 (2009)
Publisher : Department of Economics, Faculty of Economics and Business, Universitas Brawijaya
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DOI: 10.21776/ub.jiae.2009.003.01.5
In  the  era of  sustainable  development,  alternative  and  sustainable  tourism havebecome a great  concern  for  local government. Sempu  Island which  is  located  inKabupaten Malang is one of  the interesting cases on how the Ecotourism conceptcould be combined to the local economic development and conservation issues. Theaims of this paper are to gather information about the picture of Ecotourism practicesin Sempu Island. Furthermore, it will formulate the strategic way to make ecotourismwork well to the development of the local society.Keywords: Sustainable development, ecotourism, Sempu Island and local economy.
Role of Creative Economy on Local Economic Development
Pratomo, Satrio;
Ashar, Khusnul;
Satria, Dias
Journal of Indonesian Applied Economics Vol 9, No 2 (2021)
Publisher : Department of Economics, Faculty of Economics and Business, Universitas Brawijaya
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DOI: 10.21776/ub.JIAE.009.02.4
Local economic development in Indonesia is still quite minimal, requiring new policies and strategies such as the creative economy. This study analyzes the influence of the creative economy as represented by the concentration of the creative class and its supporting factors on local economic development. Using panel data from Barekraf / BPS statistics for 2011-2015, the results show that the concentration of the creative working class has a significant impact on local economic development including supporting factor such as proportion graduated high educated, electrification ratio and internet coverage ratio. These findings indicate that the creative working class can encourage the growth of local economic development in a region.
Menelusur Struktur Pasar Pada Kontrak Informal di Sentra Industri Brem
Sabrina Mufidha;
Multifiah Multifiah;
Dias Satria
EcceS (Economics, Social, and Development Studies) Vol 6 No 2 (2019)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Alauddin Makassar
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DOI: 10.24252/ecc.v6i2.11014
Fenomena unik terkait kontrak informal yang terjadi di Sentra industri brem yaitu produsen besar yang telah menguasai pasar dapat menentukan arah pasar sesuai keinginan. Akibatnya banyak produsen kecil gulung tikar karena adanya persaingan tidak sehat dengan harga yang berlaku. Disisi lain, produsen besar dapat melebarkan sayap dengan melakukan kontrak informal bersama distributor dan agen. Dalam kontrak, distributor memiliki peran yang besar dalam memasarkan produk brem sehingga dapat menerima hasil produksi brem hingga beberapa produsen dengan harga ditetapkan. Oleh karenanya, penelitian ini bertujuan mengetahui proses terbentuknya struktur pasar dalam hubungan kontrak informal antar pelaku usaha. Penelitian ini menggunakan metode kualitatif dengan pendekatan fenomenologi. Hasil penelitian menunjukkan bahwa berdasarkan hasil telusur terdapat praktik oligopoli dan oligopsoni dalam proses pemasaran brem tersebut sehingga mengakibatkan inefisiensi bagi pelaku usaha yang terlibat dalam kontrak. Saran yang dapat penulis berikan untuk menciptakan kondisi pasar yang baik yaitu pemerintah perlu membentuk kartel dan istana brem di lingkungan sentra industri. Kata kunci: Kontrak Informal, Sentra Industri brem, Struktur Pasar.
UNDERSTANDING THE ASEAN-5 TOURISM SECTOR BASED ON AUSTRALIA OUTBOUND TOURISM
Petrus Jerry Pardomuan;
Dias Satria
MediaTrend Vol 13, No 1 (2018): Maret
Publisher : Trunojoyo University of Madura
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DOI: 10.21107/mediatrend.v13i1.3594
Many studies have been conducted with the aim at investigating the relationship between the tourism performance and macroeconomic variables. However, only few studies investigated the regional tourism performance based on a specific origin country. This study investigated the relationship between ASEAN-5 international tourism receipts as the dependent variable and macroeconomic variables as the independent variables namely the exchange rates to Australian Dollar, Australia GDP per capita, international tourism expenditure, and transportation costs. The method used to investigate this study is panel data regression model to determine the influence among the explanatory variables to the dependent variable. The results denote that the exchange rates, GDP per capita, and the transportation cost are significant to the tourism receipts. Meanwhile, the international tourism expenditure variable shows an insignificant result to the tourism receipts.
DETERMINASI PENYALURAN KREDIT BANK UMUM DI INDONESIA PERIODE 2006-2009
Dias Satria;
Rangga Bagus Subegti
Jurnal Keuangan dan Perbankan Vol 14, No 3 (2010): September 2010
Publisher : University of Merdeka Malang
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DOI: 10.26905/jkdp.v14i3.983
Banking sector plays a significant role in promoting a sustainable economic development. Its role wasimportant in ensuring the banking intermediary function to distribute money flow from deficit unit tosurplus unit. The analysis of the banking intermediary function was important to ensure the effectiveness ofthe monetary policy instrument, such as: SBI. The model of panel regression would be developed in thispaper to analysis some factors affecting bank loans in Indonesia. The objective was to understand thebehavior of bank loans in Indonesia
Strategi Pengembangan Industri Kreatif untuk Meningkatkan Daya Saing Pelaku Ekonomi Lokal
Dias Satria
Jurnal Aplikasi Manajemen Vol 9, No 1 (2011)
Publisher : Jurusan Manajemen Fakultas Ekonomi dan Bisnis Universitas Brawijaya
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Creative industries are currently growing rapidly in supporting local economic competitiveness. In the course of the development of creative industries are very dependent on the 4 strategic aspects, namely: interrelated industries, supporting the institution, consumers and government policy. In this framework, the research on the state of creative industries become very urgent to be done to create economic competitiveness and strategic influence in employment. The study found that government policy in the creative industries are still not optimal in supporting the advancement of creative industries so that necessary arrangements are needed in this aspect.Keywords: Interrelated industry, supporting institution, government policy and creative industries.
ANALISIS POLA KONSUMSI PANGAN RUMAH TANGGA MISKIN DI PROVINSI JAWA TIMUR
Dewi Mayasari;
Iswan Noor;
Dias Satria
Jurnal Ilmu Ekonomi dan Pembangunan Vol 18, No 1 (2018): Jurnal Ilmu Ekonomi dan Pembangunan
Publisher : EP FEB UNS
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DOI: 10.20961/jiep.v18i1.16658
Consumption pattern can reflect the level of wellbeing, where the higher expenditure for food commodities represents lower level of welfare. The objectives of this article are analyze the influence of socio economic characteristics in influencing poor household food consumption and analyze demand responses of poor household in East Java to food prices and income changes. Linear Approximation Almost Ideal Demand System (LA/AIDS) and elasticity are used to answer the objectives. The result showed that socio economic characteristics relatively contribute in determining food consumption patterns of poor household and based on their elasticity values, food commodities are price inelastic or basic necessity for poor households in East Java and income elasticity indicates no inferior goods found in poor households in East Java. Keywords: Consumption Patterns; LA/AIDS; Poor Households; East JavaJEL Clasification: C31, Q11
MODAL SOSIAL DAN EKOWISATA: STUDI KASUS DI BANGSRING UNDERWATER, KABUPATEN BANYUWANGI
Uma Adi Kusuma;
Dias Satria;
Asfi Manzilati
Jurnal Ilmu Ekonomi dan Pembangunan Vol 17, No 2 (2017): Jurnal Ilmu Ekonomi dan Pembangunan
Publisher : EP FEB UNS
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DOI: 10.20961/jiep.v17i2.11664
This study investigates the role of social capital in the development of ecotourism in Bangsring Underwater, Banyuwangi. This study uses a qualitative approach to explore the role of social capital in supporting ecotourism development. Social capital has a positive influence in the success of empowerment programs conducted to the fishermen in changing fishing patterns and preserving the marine environment. Lastly, a strong social capital in the community can reduce the transaction costs. Keywords: Social Capital, Ecotourism dan Transaction Costs