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Journal : Bulletin of Islamic Economics

Comparison of Village Cooperative (KUD) and Village-Owned Enterprises (BUM Desa) in Indonesia Miftakhul Choiri
Bulletin of Islamic Economics Vol. 1 No. 2 (2022)
Publisher : Department of Islamic Economics, Faculty of Islamic Economics and Business, Universitas Islam Negeri Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/bie.2022.012-02

Abstract

This paper aims to seek the difference between Village Unit Cooperatives (KUD) and Village Owned Enterprises (BUM Desa). This paper also seeks to observe the impact of the establishment of BUM Desa on KUD and the possibility of synergy between the two institutions. In this study, the methodology used is normative legal research with a comparative approach. This research shows that both institutions have the same goal, namely to enhance the village community’s quality of life. Even so, BUM Desa has a wider scope of business than KUD. In addition, this study also shows the possibility of synergies between the two business entities. Empirical studies are very open and needed to strengthen the synergy idea between the two business entities. The originality of this paper is because it examines the legal and socio-economic aspects of KUD and BUM Desa.
Analysis of the Determinants of International Trade of Countries in The Asia-Pacific Economic Region (APEC) Asnafi, Muhamad Faiz; Choiri, Miftakhul
Bulletin of Islamic Economics Vol. 3 No. 1 (2024)
Publisher : Department of Islamic Economics, Faculty of Islamic Economics and Business, Universitas Islam Negeri Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/bie.2024.031-03

Abstract

International trade is the engine of growth for a country to increase its economic size. This study explores the determinants of trade flows between Asia-Pacific Economic Cooperation (APEC) member economies in the initial period of APEC formation in 1989 to 2020 using Newton's Universal Gravity theory approach. This study uses quantitative analysis method with the estimation technique used is Poisson Pseudo-Maximum Likelihood (PPML). This study uses ten independent variables: GDP of the home country and trading partner, geographical distance, population of the home country and trading partner, and several dummy variables including: common language, contiguous border, common colonial history, membership in the World Trade Organization (WTO), and regional trade agreement (RTA). The results show that trade flows between APEC economies are significantly influenced by GDP of home and trading partner countries, geographical distance, population of home and trading partner countries, and several dummy variables, including common language, contiguous borders, common colonial history, and membership in the WTO. Meanwhile, the Regional Trade Agreement (RTA) variable has no significant effect.