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Social capital and economic growth: empirical evidence from OIC countries Hantoro Ksaid Notolegowo; Samsubar Saleh
Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Vol 11, No 2 (2019)
Publisher : Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta

Abstract. This research investigates the effect of constructive social capital such as religious tolerance, political participation, and marriage; and destructive social capital such as the corruption culture and discrimination behavior towards the economic growth rate of member countries of the Islamic Cooperation Organization (OIC) 2014-2017. The results of the research estimation using the technique of fixed effect (FE) from the panel data of the OIC countries show that religious tolerance measured using the freedom of religion index (FRI) shows a positive and significant effect on the economic growth rate; political participation as measured by political rights index (PRI) has a significant negative effect on the economic growth rate; marriage measured using the percentage of married woman (PMW) has a positive effect on the economic growth rate but is not significant; corruption culture measured using corruption perception index (CPI) has a negative and not significant effect on the economic growth rate; and discrimination behavior measured using discrimination and violence against minorities index (DVI) shows a negative and not significant effect on the economic growth rate.Keywords: Social Capital, Constructive, Destructive, Economic Growth, OIC Abstrak. Penelitian ini menginvestigasi pengaruh modal sosial konstruktif (constructive social capital) seperti toleransi beragama, partisipasi politik, dan pernikahan, serta modal sosial destruktif (destructive social capital) seperti budaya korupsi dan perilaku diskriminasi terhadap tingkat pertumbuhan ekonomi negara-negara anggota Organisasi Kerjasama Islam (OKI) 2014-2017. Hasil estimasi penelitian menggunakan teknik analisis fixed effect (FE) dari data panel negara-negara OKI menunjukkan bahwa toleransi beragama yang diukur menggunakan freedom of religion index (FRI) menunjukkan pengaruh positif dan signifikan terhadap tingkat pertumbuhan ekonomi; partisipasi politik yang diukur menggunakan political rights index (PRI) memberikan pengaruh negatif signifikan terhadap tingkat pertumbuhan ekonomi; pernikahan yang diukur menggunakan percentage of married woman (PMW) memiliki pengaruh positif terhadap tingkat pertumbuhan ekonomi namun tidak signifikan; budaya korupsi yang diukur menggunakan corruption perception index (CPI) memberikan pengaruh negatif dan tidak signifikan terhadap tingkat perumbuhan ekonomi; dan perilaku diskriminasi yang diukur menggunakan discrimination and violence against minorities index (DVI) menunjukkan pengaruh negatif dan tidak signifikan terhadap tingkat pertumbuhan ekonomi.Kata kunci: Modal Sosial, Konstruktif, Destruktif, Pertumbuhan Ekonomi, OKI

Utilizing case study to understand elementary geometry: A practical approach Hantoro Ksaid Notolegowo
Journal of Science and Science Education Vol 2 No 1 (2018): JoSSE Vol. 2 No. 1 (May 2018)
Publisher : Faculty of Science and Mathematics, Universitas Kristen Satya Wacana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24246/josse.v2i1p41-45

In contrast to the branches of mathematics in general that require only analytical skills through formula calculation, geometry requires other skills in the form of visual ability to understand. The student's analytical skills can be enhanced by theoretical learning methods. However, theoretical learning method will not be optimal in improving the visual ability. Another method is required that can encourage students' analytical and visual abilities. The learning method that suits these needs is a case study. The case study method in geometry lessons can be applied by creating scenarios that are divided into two stages: the preparation stage and the implementation stage. The preparation stage is related to the formulation of scenarios of case studies that will be conducted by the students in the field, while in the implementation stage the students conduct direct observation in the field based on the case study scenario at the preparation stage and then present the observation result through the presentation, accompanied by suggestion and evaluation from teachers.

Transaction Cost Analysis on The Financing of The Baitul Maal Wat Tamwil Ro'fah Setyowati; Darwanto Darwanto; Adityawarman Adityawarman; Hantoro Ksaid Notolegowo
Economica: Jurnal Ekonomi Islam Vol 12, No 2 (2021)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/economica.2021.12.2.9142

The emergence of Sharia microfinance institutions (S-MFIs) BMT has become a hope for micro, small and medium enterprises (MSMEs) pertaining to the improvement of access to capital loans, business, and welfare of MSME entrepreneurs. This study delves deeper into ex-ante and ex-post transaction costs of the BMT financing scheme at MSMEs from the BMT side and formulates strategies for optimizing BMT financing schemes for MSMEs. Constituting the largest contributor to the overall transaction costs at MSMEs, In a bid to reinforce the financing process, the efficiency of ex-ante transaction costs for drafting and ex-post transaction costs for designing and implementing the BMT’s governance is required.

Factor Analysis and Strategies for Regional Economic Development based on Creative Industry and Halal Lifestyle Indra Fajar Alamsyah; Hantoro Ksaid Notolegowo; Md. Nazim Uddin
Al Tijarah Vol. 10 No. 1 (2024): Al Tijarah | June
Publisher : University of Darussalam Gontor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/at.v10i1.10608

The majority of regional economic development for cities is a top-down approach where the government designs programs and runs programs for the community. This has the consequence of policies that are not on target, thus an alternative path with a bottom-up approach is needed. As part of the United Nations Educational, Scientific and Cultural Organization (UNESCO) Creative Cities Network, Bandung City continues to nurture the economic growth of the creative sector. In fact, creative industry has been the backbone of the city's economy for many years. Bandung is also a multicultural city inhabited by many young Muslims, this city is a potential place for the movement of the halal economy. The halal lifestyle in the last few years has shown an increasing trend in among young people in Bandung. This study wants to explore the factors of regional economic development through the creative economy and halal lifestyle using the Exploratory Factor Analysis (EFA) method. This study involved 113 entrepreneurs related to the creative and halal industries. Based on the results of this study, there are four main factors that can increase regional economic development in Bandung through the creative industry and halal lifestyle: (Factor 1) Economic growth support system; (Factor 2) Intellectual support system; (Factor 3) Marketing support system; (Factor 4) Collaborative culture support system. These factors are alternative paths with a bottom-up approach as the foundation for regional economic development in Bandung. And based on the results of this study, there is a novelty in the form of a bottom-up approach for public policy related to regional economic development, especially urban regional economic development based on creative and halal industries.

DIGITALIZATION OF HALAL PRODUCT BUSINESS FOR BUSINESS ACTORS ASSISTED BY BPR SYARIAH AMANAH RABBANIAH Nurfahmiyati; Rahmani, Annisa Nadiyah; Nurcholisah, Kania; Notolegowo, Hantoro Ksaid; Azan, Ferdi Zanuar; Nurhayati, Nunung
Kajian Akuntansi Vol. 25 No. 2 (2024): September 2024
Publisher : UPT Publikasi Ilmiah UNISBA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/kajian_akuntansi.v25i2.4753

MSMEs play an important role in the Indonesian economy, and many have utilized information technology to market Halal products. BPR Syariah Amanah aims to help MSMEs by providing business funds. There are problems that often occur, namely the lack of understanding and knowledge about the digitalization of halal product businesses, limited funds for advertising on social media (Instagram Ads and Google Ads), and the lack of skills in creating advertising content and reports on the realization of advertising on social media. The purpose of this study is to provide an understanding of halal product business digitalization training through Instagram ads, creating Gojek accounts for business actors, creating business WhatsApp, and creating content on Canva. The methods used in this study are lecture methods, discussion methods, and simulation methods. The results of community service activities provide a score increase of 17.14% in the level of understanding of participants in business digitalization training. This means that the training provides changes in understanding the application of business digitalization for MSMEs. Keywords : Business Digitalization, Halal Products, MSME

Transaction Cost Analysis on The Financing of The Baitul Maal Wat Tamwil Setyowati, Ro'fah; Darwanto, Darwanto; Adityawarman, Adityawarman; Notolegowo, Hantoro Ksaid
Economica: Jurnal Ekonomi Islam Vol. 12 No. 2 (2021)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/economica.2021.12.2.9142

The emergence of Sharia microfinance institutions (S-MFIs) BMT has become a hope for micro, small and medium enterprises (MSMEs) pertaining to the improvement of access to capital loans, business, and welfare of MSME entrepreneurs. This study delves deeper into ex-ante and ex-post transaction costs of the BMT financing scheme at MSMEs from the BMT side and formulates strategies for optimizing BMT financing schemes for MSMEs. Constituting the largest contributor to the overall transaction costs at MSMEs, In a bid to reinforce the financing process, the efficiency of ex-ante transaction costs for drafting and ex-post transaction costs for designing and implementing the BMT’s governance is required.

Ekspektasi Manfaat Ekonomi terhadap Minat Berpolitik dalam Pemilu Notolegowo, Hantoro Ksaid; Rahmatullah, Sri
JURNAL SYNTAX IMPERATIF : Jurnal Ilmu Sosial dan Pendidikan Vol. 5 No. 1 (2024): Jurnal Syntax Imperatif: Jurnal Ilmu Sosial dan Pendidikan
Publisher : CV RIFAINSTITUT

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36418/syntax-imperatif.v5i1.338

Economic expectations are believed to be one of the factors that can influence a person's political decisions. Where voting support is cast will be determined by the extent to which future economic conditions can meet voter expectations. This study aims to analyze the role of expectations of economic benefits on political interest in elections. Elections in this context are specific to the election of president and vice president of Indonesia in 2024. The research method used is quantitative through distributing questionnaires. The results of research on 45 respondents showed that economic policies in the form of advancing the creative economy, implementing a minimum wage that is fair and in accordance with regional conditions, and strengthening the Farming Business Credit program, are the policies most expected by the community, which also makes people very enthusiastic in choosing. These findings can serve as input for presidential and vice presidential candidates to pay more attention to the creative economy, improving wages and providing assistance to farmers.

Social capital and economic growth: empirical evidence from OIC countries Notolegowo, Hantoro Ksaid; Saleh, Samsubar
Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Vol. 11 No. 2 (2019)
Publisher : UNIVERSITAS ISLAM NEGERI SYARIF HIDAYATULLAH JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/aiq.v11i2.10931

This research investigates the effect of constructive social capital such as religious tolerance, political participation, and marriage; and destructive social capital such as the corruption culture and discrimination behavior towards the economic growth rate of member countries of the Islamic Cooperation Organization (OIC) 2014-2017. The results of the research estimation using the technique of fixed effect (FE) from the panel data of the OIC countries show that religious tolerance measured using the freedom of religion index (FRI) shows a positive and significant effect on the economic growth rate; political participation as measured by political rights index (PRI) has a significant negative effect on the economic growth rate; marriage measured using the percentage of married woman (PMW) has a positive effect on the economic growth rate but is not significant; corruption culture measured using corruption perception index (CPI) has a negative and not significant effect on the economic growth rate; and discrimination behavior measured using discrimination and violence against minorities index (DVI) shows a negative and not significant effect on the economic growth rate.Abstrak:Penelitian ini menginvestigasi pengaruh modal sosial konstruktif (modal sosial konstruktif) seperti toleransi beragama, partisipasi politik, dan pernikahan, serta modal sosial destruktif (modal sosial destruktif) seperti budaya korupsi dan perilaku diskriminasi terhadap tingkat pertumbuhan ekonomi negara-negara anggota Organisasi Kerjasama Islam (OKI) 2014-2017. Hasil estimasi penelitian menggunakan teknik fixed effect (FE) dari panel data negara-negara OKI menunjukkan bahwa toleransi beragama yang diukur menggunakan indeks kebebasan beragama (FRI) menunjukkan pengaruh positif dan signifikan terhadap tingkat pertumbuhan ekonomi; partisipasi politik yang diukur menggunakan indeks hak politik (PRI) memberikan pengaruh negatif signifikan terhadap tingkat pertumbuhan ekonomi; pernikahan yang diukur menggunakan persentase wanita menikah (PMW) memiliki pengaruh positif terhadap tingkat pertumbuhan ekonomi namun tidak signifikan; budaya korupsi yang diukur menggunakan indeks persepsi korupsi (CPI) memberikan pengaruh negatif dan tidak signifikan terhadap tingkat pertumbuhan ekonomi; dan diskriminasi perilaku yang diukur menggunakan indeks diskriminasi dan kekerasan terhadap minoritas (DVI) menunjukkan pengaruh negatif dan tidak signifikan terhadap tingkat pertumbuhan ekonomi.

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