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All Journal Economic Journal of Emerging Markets Kinerja Journal of Indonesian Economy and Business Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan MODUS-Jurnal Ekonomi dan Bisnis Asia-Pacific Management and Business Application Jurnal Maksipreneur: Manajemen, Koperasi, dan Entrepreneurship JOURNAL OF BUSINESS AND ECONOMICS RESEARCH (JBE) Jurnal Ekonomi Indonesia CONSEN: Indonesian Journal of Community Services and Engagement Jurnal Ekonomi dan Pembangunan Indonesia Journal of Business and Information System
Y. Sri Susilo
Universitas Atma Jaya Yogyakarta
Religion Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Engineering Environmental Science Physics Social Sciences Other

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Journal : journal of business and information system

 1 
Monetary policy transmission mechanism in Indonesia period 2002: Q1 – 2020: Q4: interest rate and asset price channel Putranto, Laurensius Farel Dwi; Susilo, Y Sri; Sutarta, A Edi
Journal of Business and Information Systems (e-ISSN: 2685-2543) Vol. 5 No. 2 (2023): Journal of Business and Information Systems
Publisher : Department of Accounting, Faculty of Business, Universitas PGRI Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36067/jbis.v5i2.182

Abstract

This study aims to determine and analyze the effect of the monetary policy transmission mechanism on the interest rate channel and asset prices in Indonesia in achieving the ultimate goal of price stability throughout the period 2002:Q1 – 2020:Q4. This study uses secondary data related to policy interest rate variables, operational target interest rates, information variables, and final target variables for each channel of the monetary policy transmission mechanism. The analytical tool used in this research is the Vector Error Correction Model (VECM) which is processed using statistical software Eviews 10. The results of the analysis on the monetary policy transmission mechanism model of the interest rate channel indicate that in the short term, investment lending variables have a negative and significant effect on The CPI, meanwhile, the investment credit interest rate variable has a negative and significant effect. The results of the long-term analysis of the monetary policy transmission mechanism model of the interest rate channel show that the interest rate for investment credit, consumption credit, and the BI7DRR interest rate have a positive and significant effect on the CPI, while the variables for consumption credit interest rates, investment credit distribution, and real GDP negative and significant effect on the CPI. The results of the VECM analysis for the monetary policy transmission mechanism model for asset price channels confirm that the positive Error Correction Term (ECT) coefficient indicates that there is no adjustment mechanism towards long-term equilibrium. The results of the classical assumption test for the monetary policy transmission mechanism model of asset price channels also confirm deviations in the assumptions of normality and heteroscedasticity. Therefore, the economic interpretation of the VECM estimation on the monetary policy transmission mechanism model of the asset price channel cannot be carried out and requires the use of other analytical tools to produce a valid model .
Study usage expansion of quick response (QR) cross border In Yogyakarta Susilo, Y Sri; Herawan, Jonathan Ersten; Dwi Putranto, Laurensius Farel
Journal of Business and Information Systems (e-ISSN: 2685-2543) Vol. 6 No. 1 (2024): Journal of Business and Information Systems
Publisher : Department of Accounting, Faculty of Business, Universitas PGRI Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36067/jbis.v6i1.224

Abstract

This study aims to provide policy recommendations that will be taken into consideration by stakeholders in Yogyakarta in an effort to accelerate the use of Quick Responses (QR) cross border by tourist from Malaysia in Yogyakarta, both in the short and long term. This study guided by a several plan which consist of 4 policy recommendations such as tax refunds for hotel service transactions, free entry for cultural heritage sites, tourism triangle future network, and QR cross border redesign. This study also hinted at the technical description, potential and limitations of each policy and concluded that the this plan is a potential alternative policy to take advantage of the economic momentum from Malaysian tourist visits in Yogyakarta to support Yogyakarta economic development in the long term.
Valuation of the economic impact of air pollution to promote public welfare in Jakarta Susilo, Y Sri; Herawan, Jonathan; Parningotan, Firman
Journal of Business and Information Systems (e-ISSN: 2685-2543) Vol. 6 No. 2 (2024): Journal of Business and Information Systems
Publisher : Department of Accounting, Faculty of Business, Universitas PGRI Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31316/jbis.v6i2.260

Abstract

This research aims to conduct a valuation analysis of the economic impact of air pollution that occurs in DKI Jakarta Province. By using mapping from satellite imagery and the 2016 Input-Output table which was iterated using the RAS Partial Survey method to become the 2023 Input-Output table. From the results of research that uses the impact (shock) of the implementation of the weak complimentary which is reflected through the environmental adjustment tax (EAT) The results showed that air pollution in DKI Jakarta Province contributed negatively to the economy amounting to IDR 8,981,659,208,407,380.00. Based on the results of the income and output multiplier analysis, various results were obtained, but the extractive sector was better able to operate without weak complimentary and the results of linkage and mapping proved that the Wholesale and Retail Trade sectors; Car and Motorcycle Repair; Transportation and Warehousing; and Government Administration, Defense and Social Security must contribute maximally to air pollution in West Jakarta, Central Jakarta, North Jakarta and South Jakarta. The recommendation from this research is the need for policy synergy between the DKI Jakarta Provincial Government, the business world, academics, media and community leaders by creating a 3P (People, Planet, Profit) Jakarta Plan to solve pollution and environmental problems in DKI Jakarta Province
Impact of nickel downstreaming in North Maluku: Input-output analysis Herawan, Jonathan; Susilo, Yuvensius Sri
Journal of Business and Information Systems (e-ISSN: 2685-2543) Vol. 6 No. 2 (2024): Journal of Business and Information Systems
Publisher : Department of Accounting, Faculty of Business, Universitas PGRI Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31316/jbis.v6i2.261

Abstract

This study aims to determine and analyze the impact of downstream nickel commodity policies on the economy in North Maluku Province. Secondary data in this study also uses data on mining companies and industrial processing in North Maluku Province from the Mining and Energy Service of North Maluku Province, as data on nickel commodity resources and reserves in Indonesia. The analytical tools used are backward and forward linkage analysis; analysis of the I-O table, and the RAS method then iterates over the I-O table. Furthermore, four scenarios are used to view—the dynamic atmosphere of policy. Based on the results of this analysis, the results of scenario four, namely 10 percent of nickel reserves into an electric car downstream ecosystem and 20 percent produced into EV Batteries, are policy scenarios that the Government can see because they have a positive impact on the regional economy in North Maluku Province
Co-Authors A. Edi Sutarta Aloysius Gunadi Brata Amiluhur Soeroso Amiluhur Suroso, Amiluhur Ariani, Dorothea Wahyu Budiono Sri Handoko Christianto, Reinardus Dwi Prio D. Wahyu Ariani Daniel Halim, Daniel Dwi Putranto, Laurensius Farel Edy Suandi Hamid Florentina Florentina Herawan, Jonathan Herawan, Jonathan Ersten Jenflower, Maria Kartawinata, Matthew Komala, Angelina Kumowal, Fabritio Paulus L. Seniono W. Nugroho L.B Erlangga Karna, L.B Erlangga Lestary, Elly Metta Kusumaningtyas P. Didit Krisnadewara, P. Didit Parningotan, Firman Putranto, Laurensius Farel Dwi Rizqi Amaliyah, Angguliyah Sutarta, A Edi Tendenan, Vica Wahyu Ariani