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Analysis of Market System Mapping Patterns and Potential for Milkfish Cultivation in Pangkahwetan Village Nurman Setiawan Fadjar; Risqi Noor Hidayati Putri
International Journal of Applied Business and International Management Vol 9, No 2 (2024): August 2024
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijabim.v9i2.2191

Abstract

One of the common species for aquaculture in Indonesia is milkfish (Chanos chanos). Pangkah Wetan Village in Gresik Regency is one of the areas that have the potential or value for milkfish aquaculture, which is influenced by the majority of the population who have a livelihood in the fisheries sector and milkfish is relatively easy to cultivate due to its fast growth. This research examines the potential of milkfish, the milkfish market system, and the strategy for developing milkfish cultivation through an analysis of the market system approach. The analysis is carried out to identify the various barriers that exist in the market system and to place the focus on how to overcome these obstacles. It was discovered that the cause of the low productivity of milkfish aquaculture was due to limitations in supporting services, not in the actors. The basic causes of this productivity include various seedlings' quality, limited artificial feed, low utilization of technology, low access to capital, low marketing levels, and the minimal role of related institutions. Hence, systemic intervention is necessary in terms of support services in order to improve the welfare of the community which in turn will increase the income of farmers.
Analysis on the Determinants of Indonesia's Economic Growth within the Middle-Income Trap Perspective Firyal, Jasmine; Fadjar, Nurman Setiawan
Journal of Development Economic and Social Studies Vol. 5 No. 3 (2026)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Abstract

Indonesia aims to achieve high-income country status by 2038, yet faces the challenge of falling into the Middle-Income Trap. Previous studies have largely used panel data approaches that cannot distinguish between short-run and long-run effects, and few have specifically examined Indonesia’s domestic innovation capacity using patent data. This study analyzes the determinants of Indonesia’s economic growth from the middle-income trap perspective, focusing on gross fixed capital formation, average years of schooling as a proxy for human capital, and the number of resident patent applications as a proxy for innovation. Using time series data from 1995 to 2024 and the error correction model, the research finds that in the long run, all three variables have a positive and significant effect on GDP per capita. In the short run, only gross fixed capital formation shows a positive and significant effect, while average years of schooling has no significant impact and patents show only weak significance. These findings imply that Indonesia needs a consistent, long-term policy strategy that balances physical investment, human capital development, and domestic innovation ecosystem strengthening to boost Indonesia’s economic growth.