Claim Missing Document
Check
Articles

Found 33 Documents
Search

The Influence of Macroeconomic Indicators on Foreign Exchange Reserves in Indonesia Sukarniati, Lestari; Widara, Widara; Asmara, Gea Dwi
Journal of Economics Research and Social Sciences Vol. 9 No. 2: August 2025
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jerss.v9i2.24447

Abstract

This study aims to analyze the influence of macroeconomic indicators such as exports, imports, inflation, exchange rates, and the Bank Indonesia (BI) rate on foreign exchange reserves in Indonesia during the 2010-2023 period. The research methodology employed is multiple linear regression analysis and the Error Correction Model (ECM) with monthly time series data. The results indicate that exports, inflation, and exchange rates significantly affect Indonesia's foreign exchange reserves in the long run. Exports and exchange rates have a positive effect, while inflation also positively affects foreign exchange reserves. Conversely, the benchmark interest rate (BI Rate) has a significant adverse impact. In the short term, only inflation and exchange rate have a significant effect, negatively impacting foreign exchange reserves. This research contributes original value to the literature by integrating a broad set of macroeconomic indicators into a single, comprehensive model. This approach is seldom found in previous studies. Whereas earlier research typically assessed these variables in isolation or limited combinations, this study concurrently examines their collective impact within a consistent ECM framework over a 14-year monthly dataset. As such, this study enhances the current understanding of the short- and long-term macroeconomic dynamics affecting foreign exchange reserves and provides valuable insights for policymakers in formulating external sector strategies.
Triangulasi Kesenjangan Digital: Trajektori Inklusi Keuangan Indonesia dalam Konteks ASEAN Pasca-Findex 2025 Mubarak, Husni; Ningsih, Selly Kudrati; Syahrif, Airul; Az Zakiyyah, Firsty Azizah; Az Zakiyyah, Nurul Azizah; Sukarniati, Lestari; Yunizarrahman, Yunizarrahman
Riwayat: Educational Journal of History and Humanities Vol 8, No 4 (2025): Oktober, Social Issues and Problems in Society
Publisher : Universitas Syiah Kuala

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24815/jr.v8i4.50044

Abstract

Penelitian ini menyajikan analisis triangulatif terhadap lanskap inklusi keuangan digital Indonesia, dengan membandingkannya terhadap negara-negara tetangga di ASEAN. Dengan memanfaatkan basis data Global Findex 2025 dari Bank Dunia yang baru dirilisyang mencakup indikator-indikator baru terkait konektivitas dan keamanan digitalpenelitian ini memetakan posisi Indonesia dalam hal adopsi pembayaran digital dan kesenjangan gender. Temuan dari survei sisi permintaan (demand-side) ini kemudian dianalisis secara kontekstual dengan kerangka kebijakan regional ASEAN, seperti inisiatif Konektivitas Pembayaran Regional (Regional Payment Connectivity) dan toolkit kebijakan untuk UMKM digital. Sebagai pilar ketiga triangulasi, data survei global ini disandingkan dengan data pasar dan regulasi domestik sisi penawaran (supply-side) pasca-2024 dari Otoritas Jasa Keuangan (OJK) Indonesia, yang mencakup pertumbuhan layanan keuangan digital seperti Buy Now, Pay Later (BNPL) dan penguatan kerangka perlindungan konsumen. Hasil analisis menunjukkan bahwa meskipun Indonesia menunjukkan kemajuan pesat dalam adopsi pembayaran digital yang didorong oleh kebijakan, keberhasilan ini menutupi tantangan mendasar dalam hal ketahanan keuangan dan kesenjangan gender yang lebih bernuansa. Kesenjangan ini menjadi lebih jelas ketika data persepsi dari survei global dikontraskan dengan realitas transaksional pasar domestik. Artikel ini berargumen bahwa metode triangulasi ini menawarkan model yang lebih kokoh untuk analisis kebijakan, mengungkap area-area kritis untuk intervensi yang tidak akan terlihat dari analisis sumber tunggal, dan menggarisbawahi pergeseran penting dari sekadar mengukur akses keuangan menuju evaluasi kualitas dan keberlanjutan inklusi.
Competitiveness of Indonesia’s export products with IJEPA cooperation framework Sukarniati, Lestari; Lubis, Firsty Ramadhona Amalia; Hossain, MD Modabber
Optimum: Jurnal Ekonomi dan Pembangunan Vol. 14 No. 2 (2024)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/optimum.v14i2.8356

Abstract

Bilateral cooperation between Indonesia and Japan Economic Partnership Agreement (IJEPA) is a form of bilateral cooperation between Indonesia and Japan that carries the concept of the Economic Partnership Agreement (EPA). With one of IJEPA's goals in the form of capacity building, Bilateral cooperation between Indonesia and Japan Economic Partnership Agreement (IJEPA) is a form of bilateral cooperation between Indonesia and Japan that carries the concept of the Economic Partnership Agreement (EPA). With one of IJEPA's goals in the form of capacity building, IJEPA provides space for both parties to collaborate in order to increase the competitiveness of Indonesian producers. Problems in trying to maximize the impact of the IJEPA agreement on increasing domestic product product industries have encouraged Indonesia to be able to determine what products are worthy of being superior products in the context of international trade conducted with Japan. This study analyzes the trade and competitiveness of Indonesian products using Revealed Symmetric Comparative Advantage (RSCA) and Product Mapping.The results of the product mapping analysis show that there are 3 commodities that are included in the top five highest comparative advantage in 2003, 2013 and 2021, namely HS 11 commodities (Milling Industrial Products; Malt; Starch; Inulina; Wheat Gluten) HS code 21 (Extracts, essences and concentrates, from coffee, tea or mate and preparations with a basis of these products or with a basis of coffee, tea or mate) and HS code 25 (Salt; Sulfur; Soil and Stone; Plaster, Cal and Cement). This shows that these three products can be used as specialization products for Indonesia's trade with Japan.
Analysis of financial inclusion and financial stability on economic development in APEC member countries Putri, Nadhia Hananti; Sukarniati, Lestari; Asmara, Gea Dwi; Purna, Fitra Pasapawidya
Optimum: Jurnal Ekonomi dan Pembangunan Vol. 14 No. 2 (2024)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/optimum.v14i2.9872

Abstract

Financial inclusion and financial system stability are important instruments in a country's economic development. Both financial systems are critical for developing countries to improve people's welfare, promote inclusive economic growth, and protect the financial system from shocks and crises. Financial inclusion is a measure of people's accessibility to financial products and services. Meanwhile, a stable financial system will accelerate the country's economy. Therefore, this research aims to determine the effect of financial inclusion and financial system stability on economic development in APEC member countries. The data used is in panel form using the Fixed Effect Model method. This paper takes 20 member countries of the Asia Pacific Economic Cooperation (APEC) as the research object, collect the data from 2008 to 2021. The research results show that financial inclusion has a significant effect on the economy on the penetration and usability y proxies, while the availability proxy is not significant. Furthermore, the Bank Z-score as an indicator of financial system stability also has a significant influence on the economy, followed by two additional variables, namely inflation and the Financial Development Index. The conclusion is that financial inclusion and financial system stability have a positive influence on a country's economic development. Implications of this study suggest that the bank has to expand the network in the financial sector that the community can reach, then make people believe and be confident to create accounts so that people can conduct financial transactions easily and efficiently that help to improve the economy.
Analysis of Factors Affecting Foreign Exchange Reserves in Indonesia (2017-2021) Suripto, Suripto; Novayadi, Nurmalinda; Sukarniati, Lestari; Kurniawan, Mahrus Lutfi Adi
International Journal of Applied Business and International Management Vol 8, No 3 (2023): December 2023
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijabim.v8i3.2462

Abstract

Foreign exchange reserves to maintain currency stability, finance international transactions, provide guarantees against global financial crises, strengthen national credibility, and provide financial flexibility. High foreign exchange reserves will have an impact on the implementation of economic policies to stabilize the domestic currency, diversify the economy, increase competitiveness, and good management of the balance of payments; the state can reduce the risk of a shortage of foreign exchange reserves and the negative impacts that may occur. This study aims to analyze the model of foreign exchange reserves in Indonesia. Variables that affect foreign exchange reserves are the exchange rate, exports, the BI rate, and the consumer price index. The VECM (Vector Error Correction Model) approach estimates the model. This study uses secondary time series data in the form of months from January 2017 to December 2021. The research findings are that the consumer price index has a significant positive effect in the short term, while the consumer price index at lag 3 has a significant negative impact. The exchange rate on lag one and lag 3 has no significant adverse effect, but on lag 2, it has a negative and significant impact. The export variable has a negative and significant effect on the three lags. Variable bit rate on lag one and lag 2 has no significant adverse effect, while lag 3 has a negative and significant impact. In the long term, the exchange rate and consumer price index variables substantially affect foreign exchange reserves. The BI rate variable has no significant effect on foreign exchange reserves, while exports significantly adversely impact foreign exchange reserves.
INDONESIAN FISHERIES AND SPICES COMMODITIES IN THE UNITED STATES AND THE EUROPEAN UNION: RSCA AND URR ANALYSIS Sukarniati, Lestari; Rahmi, Mustika
Jurnal REP (Riset Ekonomi Pembangunan) Vol. 9 No. 2 (2024): October 2024
Publisher : Universitas Tidar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31002/rep.v9i2.2093

Abstract

Although Indonesia has potential in fisheries and spice commodities, Indonesia also faces challenges where food commodities including fisheries and Indonesian spices often experience rejection, especially from the United States and the European Union. On the other hand, with its potential, Indonesian fisheries and spices products are expected to have comparative advantages that result in improved quality of goods and services so as to provide higher competitiveness in international trade. This study aims to determine how the competitiveness and trade conditions of fishery commodities and spices from Indonesia to the United States and the European Union from 2015-2022. The analytical tools used in this study are Revelaed Symetric Comparative Advantage (RSCA) and Trade Specialization index (ISP) to analyze competitiveness while to analyze the reasons for rejection and its relation to the food quality of these commodities the Unit Rejection Rate (URR) analysis is used. From the research results, it was found that all Indonesian fishery and spice products traded to the United States and the European Union have a comparative advantage both in 2015 and in 2022 because they have an RSCA score above 0. While the URR value of Indonesian fishery and spice commodities to the United States and the European Union has also decreased, which means that the number of rejections is decreasing, and the quality of food quality is increasing.
ANALISIS PRODUKTIVITAS TENAGA KERJA INDUSTRI KECIL KONVEKSI KABUPATEN TASIKMALAYA Haaq, Moh Ihzarull; Sukarniati, Lestari
JIAR : Journal Of International Accounting Research Vol 3 No 01 (2024): JIAR : Journal Of International Accounting Research
Publisher : Pusat Studi Ekonomi Publikasi Ilmiah dan Pengembangan SDM

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62668/jiar.v3i01.1171

Abstract

This research aims to analyze and find out what factors influence the productivity of small convection industry workers in Tasikmalaya Regency, West Java. The variables observed in this research are length of work, education, training, gender and number of family dependents. In this research, the data source used is primary data, data was obtained by distributing questionnaires to forty-five respondents working in small convection industries in Tasikmalaya Regency. The type of data used is quantitative descriptive, analyzed using multiple linear models using the Eviews 12 analysis tool. The results of this research show that the variables of length of work, education, training and gender have a positive and significant effect on labor productivity, and the variable number of dependents does not has a positive and significant effect on labor productivity.
PENGELOLAAN DANA DESA KEPADA APARAT DESA BANYUURIP KABUPATEN MAGELANG Sukarniati, Lestari; Ramadhona Amalia Lubis, Firsty; Faudzi, Maman
Jurnal Pengabdian Masyarakat Berkarya Vol. 2 No. 03 (2023): Jurnal Pengabdian Masyarakat Berkarya
Publisher : Pusat Studi Ekonomi, Publikasi Ilmiah dan Pengembangan SDM

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62668/berkarya.v2i03.560

Abstract

This community service program held in Banyuurip Village, Tegalrejo Sub-district, Magelang Regency aims to provide knowledge to Banyuurip village officials about the system of managing village funds, monitoring village funds and the system of managing village funds through BUMDES. This service uses socialization and training methods which were carried out on March 9, 2023 and carried out by 2 lecturers along with 1 student. The service activities went smoothly and the participants were enthusiastic in following the material.
DAMPAK PERKEMBANGAN PARIWISATA KABUPATEN GUNUNGKIDUL TERHADAP KONDISI EKONOMI MASYARAKAT SEKITAR Nafisah, Erviana Fitriatun; Sukarniati, Lestari
Jurnal Analisis Bisnis Ekonomi Vol 13 No 2 (2015)
Publisher : Universitas Muhammadiyah Magelang

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Pengembangan pariwisata dipicu oleh kebijakan otonomi daerah pada tanggal 1 Januari 2001. Pemerintah daerah berlomba-lomba untuk meningkatkan pertumbuhan regional oleh sektor pariwisata. Salah satunya adalah Gunungkidul yang memiliki keuntungan dari wisata pantai. Tujuan penelitian adalah untuk menguji dampak dari pembangunan pariwisata pada kondisi ekonomi Dusun Pulegundes I dan II orang. Alat analisis yang digunakan adalah statistik induktif dan deskriptif. Hasil penelitian menunjukkan bahwa pengembangan pariwisata di Pulegundes signifi kan mempengaruhi pendapatan masyarakat dan berkontribusi terhadap penyerapan tenaga kerja.
DETERMINAN KETAHANAN PANGAN DI INDONESIA (STUDI KASUS KOMODITI BERAS TAHUN 1980-2010) Sukarniati, Lestari
Jurnal Analisis Bisnis Ekonomi Vol 11 No 1 (2013)
Publisher : Universitas Muhammadiyah Magelang

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Penelitian ini dimaksudkan untuk menganalisis jumlah produksi beras, luas panen, produktivitas lahan, harga beras, konversi lahan, pencetakan sawah, jumlah penduduk dan impor beras, namun karena keterbatasan data maka selanjutnya penelitian ini menganalisis pengaruh luas lahan, luas panen, produktivitas lahan dan harga beras terhadap ketahanan pangan. Variabel jumlah produksi beras, impor beras dan jumlah penduduk digunakan sebagai variabel untuk menghitung tingkat ketahanan pangan. Hasil analisis dengan menggunakan regresi dengan menggunakan empat independen variabel diketahui bahwa variabel luas lahan dan luas panen tidak mempunyai pengaruh terhadap ketahanan pangan sedang variabel produktivitas lahan berpengaruh signifi kan dan positif terhadap ketahanan pangan.