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All Journal Jurnal Indonesia Sosial Sains Journal Research of Social Science, Economics, and Management
Heru Subiyantoro
Universitas Borobudur, Indonesia
Humanities Astronomy Biochemistry, Genetics & Molecular Biology Chemistry Computer Science & IT Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Energy Environmental Science Immunology & microbiology Law, Crime, Criminology & Criminal Justice Library & Information Science Materials Science & Nanotechnology Neuroscience Physics Social Sciences

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Effects of Gross Domestic Product of Textile and Textile Product to Reserve for Foreign Exchange and Labor Absorption of Textile and Product Textile Usmansyah Usmansyah; Heru Subiyantoro
Journal Research of Social Science, Economics, and Management Vol. 2 No. 11 (2023): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v2i11.463

Abstract

The textile and textile products industry have an important role in the country's economy. In various data it is revealed that the contribution of the textile and textile products industry to Gross Domestic Product is significant, which in turn will have an impact on the State's Foreign Exchange Reserves. On the other hand, this industry also usually deploys a large workforce, so it can be said that the growth of this industry will affect the number of workers absorbed. This study aims to determine and analyze the effect of the Gross Domestic Product (GDP) of the Textile and Textile Products Industry in 12 countries in the period 2012 – 2021 and analyze its effects on Foreign Exchange Reserves and Labor Absorption. This study uses ECM panel data regression with the integration order level of Third Difference. The results of the study show that the GDP of TTP has a significant effect on the Foreign Exchange Reserves and the Absorption of TTP Labor with a unidirectional relationship.
Focus on Local Cultural Attraction in Increasing Tourist Visits In Central Java Tourism Villages Masayu Endang Apriyanti; Heru Subiyantoro; Cicih Ratnasih
Journal Research of Social Science, Economics, and Management Vol. 2 No. 11 (2023): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v2i11.480

Abstract

Indonesia is a country that has natural beauty that is rich in cultural and artistic diversity which can provide an increase in state income. In line with the development of the world of tourism in Indonesia, efforts have been made to display interesting things, such as bringing in tourists. Efforts that can bring in tourists include: maintaining the authenticity of the renovated building and promoting tourist objects as tourist attractions. In addition, the government can provide support for efforts to attract tourists to tourist objects such as providing a special selfie room for tourists taking pictures, thus developing tourism as an industry becomes easy to increase economic growth, namely by only exploiting natural beauty, arts, culture, and hospitality to address the balance of payments deficit it experienced. That is why many experts are worried and consider it crucial to have careful planning in tourism development. The consideration is based on the concern regarding tourism as an industry that is expected to spur economic growth in DTW (Tourist Destination Areas) or countries visited by tourists. So that balanced growth can be developed, and the number of tourist arrivals can continue to grow. The research focuses on planning local cultural attractions in increasing tourist visits in the Central Java region.
The Influence of The Asean Regional Capital Market on Asean-5 Countries' Foreign Exchange Reserves Srie Nuning Mulatsih; Masruri Masruri; Heru Subiyantoro; Yolanda Yolanda
Jurnal Indonesia Sosial Sains Vol. 4 No. 08 (2023): Jurnal Indonesia Sosial Sains
Publisher : CV. Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jiss.v4i08.866

Abstract

The capital market sector is one area of economic activity that is expected to grow significantly following the adoption of the ASEAN Economic Community (AEC). As a result, integrating capital market activity in the ASEAN area must be a top priority in AEC implementation. The essential criterion for creating a seamless flow of cash and investment is the integration of ASEAN countries' capital markets. The total worth of all outstanding shares based on their normal closing price is reflected in the stock market capitalisation. A rise in the value of market capitalization indicates that the capital market is expanding. Capital flows into and out of the capital market are thought to have altered the value of foreign exchange reserves. Foreign capital market investment contributes to a balanced balance of payments. Foreign capital not only serves to cover the deficit in domestic capital that domestic savings cannot fill, but it also helps to fill the emptiness in the foreign exchange gap through asset sales.
Co-Authors Cicih Ratnasih Masayu Endang Apriyanti Masruri Masruri Srie Nuning Mulatsih Usmansyah Usmansyah Yolanda Yolanda