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PERBANDINGAN PENGUKURAN STRUKTUR PERSAINGAN HERFINDAHL-HIRSCHMAN INDEX DAN CONCENTRATION RATIO INDUSTRI PERBANKAN INDONESIA Khansa, Ken Ayu; Shofwan
Contemporary Studies in Economic, Finance and Banking Vol. 1 No. 3 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2022.01.3.08

Abstract

This study aims to determine, measure and analyze and compare the structure of banking competition in Indonesia.This study used a sample of 9 banks, each consisting of 4 State-Owned Commercial Banks (BUMN) and 5 National Private Commercial Banks (BUSN) with market share gains based on the largest Third Party Funds in Indonesia. The data analysis method used is concentration ratio analysis using Herfidahl-Hirschman Index (HHI) and Concentration Ratio (CR). The results of the analysis show that there is a difference in results between the ratio of HHI and CR, the HHI ratio shows that the Indonesian banking market is in a monopolistic competition market, while based on the CR ratio, Indonesian banks are in a perfectly competitive market, further analysis shows an increasing level of market concentration and the suitability of the Indonesian banking market with characteristics in the monopolistic market.In addition, based on each group of banks, the group of state-owned banks is in the market of loose oligopoly competition / monopolistic competition, in the Group of National Private Commercial Banks is in the structure of effective / monopolistic competition, while in the group of banks that are classified as large (BUKU IV) it is in the structure of loose oligopoly competition or monopolistic competition.
PERAN ENVIRONMENTAL, SOCIAL, AND GOVERNANCE (ESG) TERHADAP PROFITABILITAS DI SEKTOR PERBANKAN INDONESIA Nurhalida, Salma; Shofwan
Contemporary Studies in Economic, Finance and Banking Vol. 2 No. 1 (2023)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2023.02.1.02

Abstract

Environmental issues have encouraged various parties to carry out efforts to reduce the negative impacts that can arise from these issues that have the potential to hinder environmental sustainability. Business practices that focus on sustainability by incorporating environmental, social and governance aspects are becoming increasingly popular among companies, especially banks. This study aims to analyze the effects of ESG implementation proxied by Green Credit, Corporate Social Responsibility Fund, and Deposit Insurance Premium on bank profitability as measured by ROA (Return on Assets) in 2017-2021 using Bank Size proxied by Total Assets as a control variable. This study uses a quantitative approach by conducting panel data regression analysis to determine the simultaneous effect and partial effect of the independent variables on the dependent variable of the study. The results show that simultaneously all independent variables have a significant impact on bank profitability. Partially, the three ESG proxies have no significant effect on bank profitability, but the Bank Size has a positive impact on bank profitability.
PENDEKATAN RGEC DALAM PENGUKURAN KESEHATAN PERBANKAN SELAMA PANDEMI COVID-19 Heryanto, Nadira Nur Affifah; Shofwan
Contemporary Studies in Economic, Finance and Banking Vol. 3 No. 1 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2023.03.1.14

Abstract

In 2020, there was a decrease in the net profit of state-owned banks by an average of 40% for each bank, followed by an increase in the potential for credit risk and a decrease in the share price of state-owned banks. In maintaining the level of public trust, banks must continue to maintain their level of health. This level of health can be calculated through RGEC (Risk Profile, Good Corporate Governance, Earning and Capital) calculation analysis. The method used is descriptive comparative, namely by examining annual financial reports which are then compared with other reports so that differences in the soundness level of banks and state-owned banks are known during the Covid-19 pandemic. The results of this study show difference in the level of soundness every year during the COVID-19 pandemic from 2020 to 2022 at state-owned banks as indicated by changes in RGEC calculation ratios.
VALUASI EKONOMI WISATA DENGAN PENDEKATAN INDIVIDUAL TRAVEL COST METHOD (ITCM) PADA TAMAN WISATA AIR WENDIT KABUPATEN MALANG Sianturi, Putri Haryati Br; Shofwan
Journal of Development Economic and Social Studies Vol. 1 No. 3 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2022.01.3.14

Abstract

Natural resources provide benefits to humans in the form of tangible and intangible benefits. One of the indirect or tangible benefits (value) provided by nature is tourism which is generally called nature tourism. Malang Regency is an area that has a large potential for natural tourism destinations. One of the natural attractions or baths in Malang Regency is the Wendit Water Park, which is located in Mangliawan Village, Pakis District, Malang Regency. This tourist attraction has enormous potential with a very unique attraction. However, the management and development is still not optimal so that visitors who come tend to stagnate or do not increase every year. An analysis is needed to determine the magnitude of the benefits provided by the Wendit Water Park. The approach used to assess these benefits is the Individual Travel Cost Method (ITCM). This approach aims to determine the effect of independent variables on tourist visits and to measure the economic value. The variables used are distance, income, travel costs, number of groups, and similar tourism substitutions which were analyzed using multiple linear regression analysis. The economic value or benefits provided by the Wendit Water Park is calculated by knowing in advance the consumer surplus received. The results of this study found that the number of tourist visits at Wendit Air Tourism Park was influenced by the variables of distance, travel costs, number of groups, and substitution of similar tours with a significance level of 5%. Meanwhile, the consumer surplus value generated is an average of IDR436,893 per person per year in one visit. So, the economic value of Wendit Water Pakr is an average of IDR102,903,155,862 per year with an interval of IDR59,524,388,014 to IDR158,081,234,974, - per year.Natural resources provide benefits to humans in the form of tangible and intangible benefits. One of the indirect or tangible benefits (value) provided by nature is tourism which is generally called nature tourism. Malang Regency is an area that has a large potential for natural tourism destinations. One of the natural attractions or baths in Malang Regency is the Wendit Water Park, which is located in Mangliawan Village, Pakis District, Malang Regency. This tourist attraction has enormous potential with a very unique attraction. However, the management and development is still not optimal so that visitors who come tend to stagnate or do not increase every year. An analysis is needed to determine the magnitude of the benefits provided by the Wendit Water Park. The approach used to assess these benefits is the Individual Travel Cost Method (ITCM). This approach aims to determine the effect of independent variables on tourist visits and to measure the economic value. The variables used are distance, income, travel costs, number of groups, and similar tourism substitutions which were analyzed using multiple linear regression analysis. The economic value or benefits provided by the Wendit Water Park is calculated by knowing in advance the consumer surplus received. The results of this study found that the number of tourist visits at Wendit Air Tourism Park was influenced by the variables of distance, travel costs, number of groups, and substitution of similar tours with a significance level of 5%. Meanwhile, the consumer surplus value generated is an average of IDR436,893 per person per year in one visit. So, the economic value of Wendit Water Pakr is an average of IDR102,903,155,862 per year with an interval of IDR59,524,388,014 to IDR158,081,234,974, - per year.
ANALISIS KESEDIAAN MEMBAYAR (WILLINGNESS TO PAY) DENGAN PENDEKATAN CHOICE MODELLING (STUDY KASUS COBAN RONDO DAN COBAN TALUN safa'atin, Ermi Safaatin; Shofwan
Journal of Development Economic and Social Studies Vol. 3 No. 1 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2024.03.1.10

Abstract

This study aims to answer several questions related to the choices made by visitors when choosing to visit between Coban Rondo and Coban Talun and their maximum WTP evaluation for conservation purposes.This study seeks to assess how the main environmental attributes of interest to researchers will determine tourists WTP for conservation purposes.The research approach used in this study is a quantitative approach with a descriptive approach. Determination of the number of samples used in this study is a linear time function. The results of research on the characteristics of respondents, respondents' perceptions, and analysis of factors influencing tourist visits to the Wendit Water Tourism Park using the Individual Travel Cost Method (ITCM) are mostly female with an age range between 21-40 years and the level of education is mostly from undergraduate strata 1 graduates and their equivalents. The results of the Willingnes To Pay calculation of visitors to the progress of the quality of the environment and the Coban Rondo and Coban Talun pariwsata places are Rp. 2,400.00 per person. With the average number of visitors who come to Coban is about 200 in 1 month, the economic value of the two coban will be around Rp.480,000.00 in a month.
VALUASI EKONOMI OBJEK WISATA GLAMPING MENOREH DI KAWASAN WISATA ALAM NGLINGGO, KABUPATEN KULON PROGO Muhammad Rayhan Ramadhan; Shofwan
Journal of Development Economic and Social Studies Vol. 3 No. 2 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2024.03.2.19

Abstract

Kulon Progo Regency is one of the areas that utilize the cultural ecosystem services of pine forests as a natural tourism area in the form of a glamorous camping (glamping) experience, precisely in the Menoreh hills, Nglinggo, Pagerharjo Village. This tourist attraction has attracted many visitors for five years, from 2018 – 2022. Therefore, this research aims to find out how to assess the economics of cultural environmental services in the Nglinggo pine forest, Kulon Progo Regency. This research uses the Contingent Valuation Method (CVM) approach by calculating the Willingness to Pay (WTP) value. The average value that tourist visitors are willing to serve is IDR 13,779.07 and the total WTP value is IDR 563,701,753.7. The level of satisfaction is a variable that has a significant effect on the willingness of tourist visitors to pay WTP fees.   Kabupaten Kulon Progo menjadi salah satu daerah yang memanfaatkan jasa lingkungan budaya hutan pinus sebagai kawasan wisata alam berupa pengalaman glamour camping (glamping), tepatnya di perbukitan Menoreh, Nglinggo, Desa Pagerharjo. Objek wisata tersebut telah menarik banyak pengunjung selama kurun waktu lima tahun, dari tahun 2018 – 2022. Oleh karena itu, penelitian ini bertujuan untuk mengetahui bagaimana menilai ekonomi jasa lingkungan budaya di hutan pinus Nglinggo, Kabupaten Kulon Progo. Penelitian ini menggunakan pendekatan Contingent Valuation Method (CVM) dengan menghitung nilai Willingness to Pay (WTP). Nilai rata-rata yang bersedia dibayarkan oleh pengunjung wisata sebesar Rp13.779,07 dan nilai total WTP sebesar Rp563.701.753,7. Tingkat kepuasan menjadi variabel yang berpengaruh signifikan terhadap kesediaan pengunjung wisata untuk membayar biaya WTP.  
IMPLEMENTASI MULTIDIMENSIONAL POVERTY INDEX DALAM MENGUKUR KEEFEKTIVITASAN PENGUKURAN KEMISKINAN DI INDONESIA Putri, Salshabilla Herdyanti Martoni; Shofwan
Journal of Development Economic and Social Studies Vol. 3 No. 3 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2024.03.3.03

Abstract

So far, measuring poverty in Indonesia still refers to the Poverty Line (GK) approach carried out by the Badan Pusat Statisitk (BPS), which is the institution given the authority to calculate poverty rates. Meanwhile, the problem of poverty today is no longer uni-dimensional but multidimensional. This research was conducted with the aim of applying the Multidimensional Poverty Index (MPI) in measuring the effectiveness of measuring the Poverty Line (GK) approach in Indonesia. Then, this research provides an outline of the advantages and disadvantages of poverty measurement in Indonesia and analyzes the effectiveness of poverty measurement by applying the Multidimensional Poverty Index (MPI). After that provides recommendations for policy makers regarding the most appropriate poverty measures.
DAMPAK KEBIJAKAN PEMBERLAKUAN PEMBATASAN KEGIATAN MASYARAKAT (PPKM) DARURAT TERHADAP REAKSI PASAR SAHAM SEKTOR KESEHATAN (HEALTHCARE) PADA BURSA EFEK INDONESIA: SEBUAH PENDEKATAN EVENT STUDY Kezia Gabrielle; Shofwan
Contemporary Studies in Economic, Finance and Banking Vol. 1 No. 4 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2022.01.4.11

Abstract

This study aims to examine the information content contained in the announcement of the emergency Community Activity Restrictions policy announcement on July 1, 2021 which was carried out by analyzing abnormal returns and trading volume of healthcare sector activity in the period surrounding the event. This research is a quantitative research with an event study approach. The data analysis tool used to test the hypothesis in this study is the one sample T-test statistical test on the abnormal return indicator and the Paired sample t-test on the trading volume activity indicator. The results of the t-test indicate that there is a positive abnormal return on the main board stocks, thus proving that the market responds to the event as good news. Meanwhile, on the development board stock, there is an abnormal return that has a negative value, thus proving that the market responded to the event as bad news. It can be concluded that the healthcare sector stock market responds to the emergency PPKM announcement differently according to the characteristics of the stock listing board. The results of the different Paired Sample T-test on the average trading volume activity (ATVA) indicator before and after the emergency PPKM announcement show that there are differences in ATVA on the main board and development board stocks. This difference may be caused by the behavior of investors who sell or buy stocks in the health sector based on the category of the stock listing board
PERAN OVERLAPPING GENERATIONS MODEL DALAM MENINGKATKAN KONSUMSI KESEHATAN RUMAH TANGGA Ariansyah, Candra; Shofwan
Journal of Development Economic and Social Studies Vol. 3 No. 4 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2024.03.4.05

Abstract

A decline in household consumption expenditure on health may indicate a decline in households' ability to prevent health problems and treat illnesses. The proportion of household expenditure on health consumption is very small compared to the proportion of non-health consumption. Spending on health is still not a top priority for households compared to other expenditure components. One approach to understanding intergenerational health consumption is to use the Overlapping Generations (OLG) Model. The research objective is to analyse the factors that influence health consumption with the OLG model approach. Based on the test results using FDGMM and SYSGMM analysis, the previous year's health consumption, income, savings, labour, inflation, and Government Health Insurance (JKN) affect household health consumption.   Keywords: Household, OLG Model, Health Consumption, Income, Saving, Labour, Inflation, Government Health Insurance
Peran BUM Desa dalam Penguatan Tata Kelola Desa wisata di Desa Toyomarto Singosari Kabupaten Malang Maryunani; Shofwan; Jamal, Badrul
Jurnal Pengabdian Nasional (JPN) Indonesia Vol. 6 No. 1 (2025): Januari
Publisher : Lembaga Penelitian dan Pengabdian Kepada Masyarakat (LPPM) STMIK Indonesia Banda Aceh

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35870/jpni.v6i1.1156

Abstract

This study examines the role of Village-Owned Enterprises (BUM Desa) in strengthening the governance of tourist villages in Toyomarto Village, Singosari District, Malang Regency. Tourist villages are one of the strategies for developing community-based tourism that has the potential to improve the village economy. BUM Desa, as a village economic institution, is expected to be a driving force in the management and development of village tourism potential. This study uses a qualitative method with a case study approach to analyze the role of BUM Desa in the aspects of planning, organizing, implementing, and supervising the governance of tourist villages. The results of the study indicate that BUM Desa has a significant contribution in strengthening community capacity, developing tourism infrastructure, and increasing village original income through the management of tourist villages. However, there are several challenges that need to be overcome, such as limited human resources and coordination between stakeholders. This study provides recommendations for optimizing the role of BUM Desa in strengthening the governance of tourist villages in Toyomarto Village.