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Journal : Journal of International Conference Proceedings

Fostering Inclusive Growth in Indonesia: Evidence from Panel Regression Analysis Della Hardyati Prabowo; Ghozali Maski; Dwi Budi Santoso
Journal of International Conference Proceedings (JICP) Vol 5, No 2 (2022): BEFIC Conference Proceeding
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v5i2.1680

Abstract

An inclusive development does not only rely on economic growth but also on the creation of equitable access to growth outcomes. Government spending has an important role in promoting efficiency and economic growth as well as equity. Meanwhile, financial inclusion is believed to be able to expand opportunities to contribute to growth. Previous studies have proven the influence of both on inclusive growth with varying results. This study aims to analyze the impact of government spending in the fields of health, education, economy, and social protection, as well as financial inclusion on inclusive growth. Using panel data from 34 provinces in Indonesia in 2015-2019, this study applies a random effects model. The results show that education spending and the level of financial inclusion can foster inclusive growth. This finding confirms that public investment in education will expand access to education to increase human capital and labor productivity, as well as competitiveness and wages, while the inclusiveness of financial services increases access to more affordable credit. On the other hand, economic spending has a negative impact on inclusive growth due to the development gap. Meanwhile, health and social protection spending have no impact on inclusive growth. The implication is that health and economic spending policies must be directed at ensuring people's access to more equitable economic opportunities. Monitoring and provision of a more active social assistance also needs to be improved. Keywords: Financial Inclusion, Government Spending, Inclusive Growth, Panel Regression
Determinants of Regional Owned Rural Banks Efficiency Level in Indonesia Irsyad Sirajuddin Bintar Madya; Ghozali Maskie; Nurul Badriyah
Journal of International Conference Proceedings (JICP) Vol 5, No 2 (2022): BEFIC Conference Proceeding
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v5i2.1689

Abstract

The efficiency level of regional owned rural banks is one of the determinants in measuring financial performance each year. In term of local government, the measurement of the level of efficiency can be used in determining strategic policies for the development of regional owned rural banks, especially in capital participation and collaboration with fintech lending. Measuring the level of efficiency with input and output variables with 160 regional owned rural banks in Indonesia in 2020 by purposive sampling with the Data Envelopment Analysis (DEA) method, 66 regional owned rural banks are found in efficient conditions. Analysis using logistic regression is used to analyze the tendency of the factors that determine the efficiency level of regional owned rural banks in Indonesia. This study found that Equity to Total Asset Ratio (EAR) and Total Assets had a positive and significant effect, while Non-Performing Loans (NPL) and Loan to Deposit Ratio (LDR) factor has no significant effect on the efficiency level of regional owned rural banks in Indonesia. Therefore, in improving the performance of regional owned rural banks in Indonesia, it is necessary to have the role of local governments in capital participation and discipline in the disbursement of funds selectively to debtors.Keywords: Regional Owned Rural Banks, Efficiency Level
The Implementation of Green Finance and Its Effectiveness Towards Banking Performance As Intermediaries Institution Alessandro, Andreas; Maski, Ghozali; Pangestuty, Farah Wulandari
Journal of International Conference Proceedings Vol 6, No 1 (2023): 2023 ICPM Malang Proceeding
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v6i1.2385

Abstract

The concept of sustainability arose in response to climate change during industrialization in the 18th century and has gained importance amid the Covid pandemic as nations aim for resilience. Indonesia, like other countries, needs a strong financial policy that integrates sustainability criteria. Banks, as trusted intermediaries, play a vital role in promoting ethical business practices and can contribute through initiatives like the SRI KEHATI index, which identifies environmentally friendly issuers based on ESG standards.  The study analyzes the relationship between ESG-adjusted dividends and financial performance of four major Indonesian banks (KBMI) from 2011 to 2021, using panel data analysis. The findings indicate a negative relationship between adjusted dividends and return on assets (ROA), with similar patterns observed for ESG, environmental, and governance factors. However, the negative correlation is less prominent for the social factor. Conversely, adjusted dividends show a positive connection with ESG scores and the environmental, social, and governance factors independently.
Analysis of Leading Sectors and Components of the Expenditure Side that Affect Economic Growth in the Province of South Sulawesi Amri, Muh Arif; Maski, Ghozali; Pangestuty, Farah Wulandari
Journal of International Conference Proceedings Vol 6, No 1 (2023): 2023 ICPM Malang Proceeding
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v6i1.2302

Abstract

Resources typically support economic growth, but not all regions possess the same potential resources. The first objective of this study is to test and analyze the potential of leading sectors and shifting leading sectors in South Sulawesi Province. Second, to determine which expenditure-side components—household consumption, government consumption, investment, exports, and imports—influence South Sulawesi Province's economic growth. This study relies on secondary data that includes information on the Gross Regional Domestic Product of South Sulawesi Province and the same information for the entire nation from 2002 to 2021. This study makes use of the Location Quotient, Shift-Share, and Growth Ratio as analytical tools; while data panel regression is used to look at the factors that affect GRDP. Agriculture, construction, trade, and the services sector are the most important industries in South Sulawesi Province, according to the analysis's findings. While only partially the investment and household consumption variable has a significant impact on South Sulawesi's economic growth, simultaneously household consumption, government consumption, investment, exports, and imports all have a significant impact on economic growth.
Analysis of Leading Sectors and Components of the Expenditure Side that Affect Economic Growth in the Province of South Sulawesi Amri, Muh Arif; Maski, Ghozali; Pangestuty, Farah Wulandari
Journal of International Conference Proceedings Vol 6, No 1 (2023): 2023 ICPM Malang Proceeding
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v6i1.2302

Abstract

Resources typically support economic growth, but not all regions possess the same potential resources. The first objective of this study is to test and analyze the potential of leading sectors and shifting leading sectors in South Sulawesi Province. Second, to determine which expenditure-side components—household consumption, government consumption, investment, exports, and imports—influence South Sulawesi Province's economic growth. This study relies on secondary data that includes information on the Gross Regional Domestic Product of South Sulawesi Province and the same information for the entire nation from 2002 to 2021. This study makes use of the Location Quotient, Shift-Share, and Growth Ratio as analytical tools; while data panel regression is used to look at the factors that affect GRDP. Agriculture, construction, trade, and the services sector are the most important industries in South Sulawesi Province, according to the analysis's findings. While only partially the investment and household consumption variable has a significant impact on South Sulawesi's economic growth, simultaneously household consumption, government consumption, investment, exports, and imports all have a significant impact on economic growth.