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South Kalimantan is a province with large dryland area.  This potency can be used for maize cultivation that will contribute to national maize production and play an important role as import substitution.  One of the major problems in maize cultivation is its low productivity that might be caused by its low efficiency of input use.  The objectives of this research are (1) to estimate factors influencing maize production and to analyze dryland farming efficiency, both in technical and allocative Ahmad Yousuf Kurniawan; Sri Hartoyo; Yusman Syaukat
Forum Pasca Sarjana Vol. 31 No. 2 (2008): Forum Pascasarjana
Publisher : Forum Pasca Sarjana

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Abstract

South Kalimantan is a province with large dryland area.  This potency can be used for maize cultivation that will contribute to national maize production and play an important role as import substitution.  One of the major problems in maize cultivation is its low productivity that might be caused by its low efficiency of input use.  The objectives of this research are (1) to estimate factors influencing maize production and to analyze dryland farming efficiency, both in technical and allocative efficiency of dryland farming, and (2) to analyze dryland maize farming competitiveness in Kabupaten Tanah Laut, South Kalimantan, and the efficiency effect to its competitiveness.  The methods used are the stochastic frontier production function and the dual frontier cost function for the first objective, and criterion of private cost ratio and domestic resources cost ratio for the second objective.  The results showed that land, seed, organic fertilizer, P-fertilizer, pesticide, labor and land treatment significantly influence production.  Generally, the farmers at research area have been technically efficient but allocatively inefficient. In order to increase economic efficiency, reduction in N-fertilizer is suggested.  The maize commodity in Kabupaten Tanah Laut is profitable and has competitive and comparative advantages.  The increasing of allocative efficiency will increase the competitiveness.   Key words: dryland maize farming, efficiency, competitiveness
TRANSMISI HARGA JAGUNG DI PROVINSI LAMPUNG Rati Purwasih; Muhammad Firdaus; Sri Hartoyo
Jurnal Agribisnis Indonesia (Journal of Indonesian Agribusiness) Vol. 5 No. 1 (2017): Juni 2017 (Jurnal Agribisnis Indonesia)
Publisher : Departmen of Agribusiness, Economics and Management Faculty, Bogor Agricultural University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29244/jai.2017.5.1.75-88

Abstract

Corn is one of the leading commodities in Lampung Province. The average corn price received by farmers (producers) from January 2009 to December 2014 amounted to Rp 1.820 per kilogram, while the average price of corn at the consumer level was at Rp 3.205 per kilogram. Corn prices at the consumer level are more volatile when compared with the price of corn at the producer level. The purpose of this study are to analyze the transmission of corn prices from the consumer level to the producer level in Lampung Province. The data used was a monthly time series data from January 2009 to December 2014 (72 month). Asymmetric Error Correction Model (AECM) developed by von Cramon-Taubadel and Loy (1996) was used to analyze corn price transmission from the consumer level to the producer level. Causality test results indicate that corn prices at the consumer level affect the formation of corn prices at the producer level. From AECM estimates obtained, the short run corn price transmission from the consumer level to the producer level was asymmetric. However, the long-run transmission of corn prices from the consumer level to the producer was symmetric. After the Wald test, results obtained showed that there was no prove of asymmetric price transmission from the consumer level to the producer level in the long run.
KARAKTERISTIK BANK TARGET AKUISISI ASING (CROSS-BORDER) DAN DOMESTIK PADA PERBANKAN INDONESIA Yutrizal Jacoub; Dedi Budiman Hakim; Sri Hartoyo; Perdana Wahyu Santosa
MIX: JURNAL ILMIAH MANAJEMEN Vol 10, No 2 (2020): MIX: Jurnal Ilmiah Manajemen
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22441/mix.2020.v10i2.006

Abstract

The aims of this paper were to study the difference in the characteristic of acquisition target bank for cross-border and domestic over the period of 2002 – 2017 in Indonesia banking industry. There were 41 transactions of merger and acquisition during the period, and hence there was 31 ownership of private local banks have been transferred to foreign/cross-border investor. The data was obtained from Otoritas Jasa Keuangan (OJK) consists of financial publication reports of 24 banks sample and also annual reports of those banks. The methods used were descriptive statistics and independent sample test for both parametric and non-parametric data. The results show that: i) There is a significant difference on the profitability (ROE), asset size, cost efficiency, quality of loans, and liquidity between both groups of the target banks; ii) Whereas ROA and capitalization (CAR) are not different for both group of the target banks; iii) Target banks for cross border acquisition is public bank which is different with non-public banks for domestic acquisition.
MODEL PENETAPAN HARGA IPO BERDASARKAN VALUATION Aty Herawati; Noer Azam Achsani; Sri Hartoyo; Roy Sembel
MIX: JURNAL ILMIAH MANAJEMEN Vol 6, No 3 (2016): MIX: Jurnal Ilmiah Manajemen
Publisher : Universitas Mercu Buana

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Abstract

Abstract : The process of initial public offering of a company to the investors calledIPO (Initial Public Offering). .At time the company do an IPO, the shares price at IPOwas an agreement between the company and its underwriter. The phenomenon thatoccurs is the shares price at IPO lower than the intrinsic shares price based onvaluation, after the shares has been traded on the stock exchange, the phenomenon thatoccurs is IPO share price lower than the closing price on the first day. The purpose ofthis research is to create a model of how to set the share price at the time the companywill conduct IPO based on intrinsic share price valuation results. The valuation methodused is the Price to Earning Ratio. Research carried out on companies that did an IPOin 2000 - 2014 with a purposive sampling of 240 companies. The results showed therewas a difference between intrinsic shares prices based on the valuation and the sharesprice that set at the time of IPO. After the shares listed in the secondary market, therewas a difference between IPO share price and the closing price on the first day.Meanwhile, there is no difference between the intrinsic shares price and the closingprice on the first day, so in order to avoid underpricing, the IPO price can be predictedbased on intrinsic shares price valuation.
Analisis Resiko Produksi, Pilihan Resiko, dan Efisiensti Teknis Usahatani Tembakau (Pendekatan FUngsi Produksi Frontier dengan Struktur Error Heterokedastis) Elys Fauziyah; Sri Hartoyo; Nunung Kusnadi; Sri Utami Kuntjoro
SOCA: Jurnal Sosial Ekonomi Pertanian Vol. 10, No. 1 Februari 2010
Publisher : Program Studi Agribisnis, Fakultas Pertanian, Universitas Udayana Jalan PB.Sudirman Denpasar, Bali, Indonesia. Telp: (0361) 223544 Email: soca@unud.ac.id

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Abstract

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DAMPAK BANTUAN PENANGGULANGAN/PENGENTASAN KEMISKINAN TERHADAP PRODUKSI, PENDAPATAN DAN KESEJAHTERAAN RUMAHTANGGA PETANI Novindra Novindra; Bonar M Sinaga; Sri Hartoyo; Bernard B. deRosari; Hastuti Hastuti; Ferdy Adif I. Fallo; Dea Amanda
Journal of Agriculture, Resource and Environmental Economics Vol. 2 No. 1 (2019): JURNAL EKONOMI PERTANIAN SUMBERDAYA DAN LINGKUNGAN
Publisher : Departemen Ekonomi Sumberdaya dan Lingkungan, Fakultas Ekonomi dan Manajemen, Institut Pertanian Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (640.988 KB) | DOI: 10.29244/jaree.v2i1.25977

Abstract

Program bantuan penanggulangan/pengentasan kemiskinan bertujuan untuk meningkatkan kesejahteraan masyarakat di pedesaan, menggunakan instrumen peningkatan produksi dan daya beli (pengeluaran) untuk meningkatkan kesejahteraan rumahtangga. Tujuan penelitian: (1) mengidentifikasi sumber, jenis, jumlah bantuan penanggulangan/pengentasan kemiskinan yang diterima oleh rumahtangga petani, (2) menganalisis biaya, penerimaan, dan pendapatan usahatani, (3) menganalisis pendapatan dan pengeluaran (indikator kesejahteraan) rumahtangga petani. Penelitian di Kabupaten Timor Tengah Selatan (Desa Kualin dan Nulle) dan Kabupaten Kupang (Desa Ponain dan Tesabela) Provinsi NTT yang ditentukan secara purposive karena merupakan daerah sentra populasi sapi dan rumahtangga penerima skim kredit dan bantuan modal. Sumber kredit yang diterima rumahtangga petani berasal dari bank (umum dan non umum) dan bantuan modal dari pemerintah (pusat dan daerah) dan non pemerintah. Nilai kredit dan bantuan modal yang diterima rumahtangga petani tertinggi di Desa Tesabela namun alokasinya untuk biaya usahatani terendah. Pendapatan usahatani tertinggi di Desa Kualin yang terutama bersumber dari pendapatan usaha ternak (44%), sedangkan total pendapatan rumahtangga petani tertinggi di Desa Ponain terutama bersumber dari pendapatan usaha non pertanian. Total Pengeluaran rumahtangga (kesejahteraan) tertinggi di Desa Tesabela terutama alokasi untuk pengeluaran investasi (49%), sedangkan Desa Kualin total pengeluaran rumahtangga terendah tetapi alokasi untuk pengeluaran konsumsi tertinggi (51%).
MODEL POLICY DESIGN FOR THE BEEF CATTLE DEVELOPMENT IN SOUTH SULAWESI Machmud Achmad; Sri Hartoyo; Bustanul Arifin; Muhammad Said Didu
Journal of Management and Business Review Vol 11, No 2 (2014)
Publisher : Research Center and Case Clearing House PPM School of Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34149/jmbr.v11i2.54

Abstract

This study examines some factors that influence policies on developing cattle beef and designing integrated planning systems in South Sulawesi. The method for this study includes qualitative and quantitative approaches using survey method to obtain primary data. Data were analysed and presented in the form of descriptive tables and graphs with analytical tools policy. Results were obtained from choices of recommendations which are elaborated in the form of strategy and policy implications based on expert opinions (expert judgment). Internal and External Matrices were generated by the SWOT analysis and the QSPM. The results show that current position of beef cattle in South Sulawesi is in the quadrant of growth and development. Analysing all the factors from SWOT approach, four strategies were developed to determine the beef cattle policy strategy. Using the QSPM, the results further suggest that the best strategy is priority strategy as seen from its QSPM value of 6,901.An integrated system between the beef cattle rancher and crop (rice and corn), implies that in order to achieve this goal, technology improvement and innovation play important roles, especially technology for the feed processing system.
ANALISIS PELUANG KEBERHASILAN PENURUNAN LAJU DEFORESTASI: PENDEKATAN TEORI TRANSISI HUTAN Deden Djaenudin; Rina Oktaviani; Sri Hartoyo; Hariyatno Dwiprabowo
Jurnal Penelitian Sosial dan Ekonomi Kehutanan Vol 15, No 1 (2018): Jurnal Penelitian Sosial dan Ekonomi Kehutanan
Publisher : Pusat Penelitian dan Pengembangan Sosial, Ekonomi, Kebijakan dan Perubahan Iklim

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (518.066 KB) | DOI: 10.20886/jpsek.2018.15.1.15-29

Abstract

Indonesia is a decentralized country so that each region implements its own development policy. The economic activity imposed by the regions has implications on the diverse dynamics of forest cover, indicated by the different rates of deforestation.. This paper aims to describe the dynamics of Indonesian forest cover by using forest transition hypothesis framework and analyze the factors that accelerate the decline in deforestation rates. Refering to land cover data for period of 2000-2013 and economic variables, model of ordered logistic regression (OLR) was developed by using maximum likelihood estimation method. The result showed that, provinces in Indonesia can be classified into three groups: high, medium and low. Share of forest cover and population density increase the probability in achieving low deforestation rate. Conversely, income per capita is indicated to be a factor that inhibits the decline in deforestation rates. Acceleration of the achievement of the decrease in deforestation rates can be done through (1) enhancing the clarity of tenure, (2) improving environmental policies such as development of environmental reward system, (3) increasing value added output to improve product competitiveness; (4) conservation and reforestation, and (5) improving agricultural technology.
Ekonomi Pangan: Efektivitas Kebijakan Bantuan Langsung Benih Unggul Dan Pupuk Untuk Usahatani Pangan (Food Economics: Effectiveness of Policy on Direct Aids of Superior Seed and Fertilizer for Food Farming) Manuntun Parulian Hutagaol; Sri Hartoyo
JURNAL PANGAN Vol. 22 No. 1 (2013): PANGAN
Publisher : Perum BULOG

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33964/jp.v22i1.147

Abstract

Indonesia menyadari pentingnya swasembada beras tidak hanya dalam mendukung proses pembangunan ekonomi, tetapi juga untuk ketahanan pangan nasional. Kejadian baru-baru ini mengenai krisis pangan global yang distimulasi oleh meroketnya harga minyak bumi yang membuat konversi bahan pangan menjadi energi menjadi layak secara ekonomi memperkuat keyakinan tersebut. Namun demikian, beberapa tahun terakhir ini, produktivitas tanaman padi telah stagnan di negeri ini. Untuk mengatasi permasalahan produktivitas tersebut, pemerintah mengimplementasikan program BLBU-BLP (Bantuan Langsung Bibit Unggul dan Bantuan Langsung Pupuk). Program ini memberikan suatu paket teknologi yang mencakup bibit unggul bersertifikat, pupuk pabrik dan organik kepada petani padi, kedele dan jagung. Studi ini dimaksudkan untuk mengevaluasi efektivitas program tersebut dalam meningkatkan produktivitas dan pendapatan usahatani. Penelitian dilakukan di tujuh propinsi dengan 488 responden petani padi dan jagung. Studi membuktikan bahwa program telah berhasil membangkitkan kesadaran petani dalam menggunakan benih unggul bersertifikat serta input pendukungnya serta meningkatkan produktivitas dan pendapatan usahatani peserta program. Oleh karena itu, direkomendasikan agar pemerintah meneruskan pelaksanaan program pemberian bantuan ini. Tetapi, disarankan agar paket tekonologinya tidak seragam dan disesuaikan dengan kondisi lingkungan pertanian setempat agar produktivitas lebih tinggi lagi.Indonesia has long recognized the importance of rice self-sufficiency for the country not only in facilitating its economic development process, but also for food security. Recent occurrence of global food crisis stimulated by skyrocketing oil price makes the conversion of food into bio energy becomes economically feasible and deepens this recognition. Yet, rice yields in this country over the last few years have bee stagnant at a relatively low level. Accordingly, the government of Indonesia has implemented BLBU-BLP program to cope with this problem. The program provides a package of production technology consisting of certificated seed of HYVs, manufactured and organic fertilizers to rice, corn and soybean farmers. This study was carried out to evaluate the effectiveness of the program to achieve its goals. It was conducted in seven provinces with 488 samples of rice and corn farmers. It confirmed that the program had been quite successful in increasing awareness of farmers in adopting and using certificated seed of HYVs and its supporting components, as well as in increasing productivity of rice farm and farmers’ income in the intervened farms. It is, therefore, that this program is recommended to be continued. However, the technological package should be modified to suit local farming environmental condition in order to generate better results. 
Perancangan Model Sistem Angkutan Studi Kasus Fasika Khaerul Zaman; Yandra Arkeman; Sri Hartoyo
JURNAL PANGAN Vol. 20 No. 3 (2011): PANGAN
Publisher : Perum BULOG

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33964/jp.v20i3.162

Abstract

Pangan merupakan salah satu kebutuhan dasar manusia yang paling asasi. Beras masih menjadi komoditi utama penopang ketahanan pangan nasional. Perum BULOG penyelenggara usaha logistik pangan pokok yang melakukan penyebaran persediaan melalui kegiatan angkutan antar Divisi Regional (Divre). Penelitian bertujuan merancang sistem angkutan antar Divre. Metode penelitian menggunakan metode perancangan sistem yaitu kegiatan merancang sistem melalui tahapan-tahapan tertentu untuk menjawab permasalahan yang ada. Menggunakan model optimasi dalam Pemrograman Linieryaitu Transportation Problem (Permasalahan Transportasi). Total biaya angkutan untuk tahun 2010 dengan model optimasi lebih rendah Rp. 17.461.590.772,- apabila dibandingkandengan total biaya yang dihitung dengan metode yang digunakan saat ini. Penggunaan pemrograman linier untuk angkutan antar Divre Perum BULOG menghasilkan optimasijumlah persediaan yang diangkut, jalur dan biaya angkutan. Model optimasi tidak hanya dilakukan terhadap kondisi ideal tetapi juga terhadap kemungkinan adanya perubahan perubahan melalui analisa pasca optimasi. Hasil analisa menunjukkan bahwa sistem operasional angkutan terbagi kedalam Sistem Perencanaan, Sistem Pelaksanaan, Sistem Evaluasi dan Sistem Penunjang. Keempat sistem tersebut saling berkaitan satu dengan lainnya dengan tujuan akhir adalah pelaksanaan angkutan antar Divre. Sistem ini banyak ditunjang oleh penggunaan pemrograman linier untuk mendapatkan biaya angkutan yang minimum.Food is one of the most basic human rights. Rice is still a major commodity supporting the national food security. Perum BULOG is the business organizer who makes the distribution supplies through transport activities among the Regional Divisions (Divres). The research aims to design a transportation system among the Divres. Research method used for designing the system is a system design activities through certain stages to address existing problems using Linear Programming optimization model in the Transportation Problem. The total cost of transport for 2010 was Rp. 17.461.590.772 which is lower compared to the total cost calculated by the method used today. The use of linear programming to transportation among Divres produces transported amount of inventory optimization, route and transportation costs. Optimization model is not only carried out on ideal conditions but also to the possibility of changes through the postoptimization analysis. The result showed that the operational system of transportation is divided into Planning System, Support System, Evaluation System and Integrated System. The four systems are interconnected with each other with the ultimate goal is the implementation of transport among Divres. This system is much supported by the use of linear programming to obtain the minimum transportation cost.