East Java Economic Journal
Vol. 4 No. 2 (2020)

Sea Toll: A Way to Save The Economic of East Indonesia Through East Java

Mohammad Ammar Alwandi (Badan Pusat Statistik Kota Sungai Penuh)
Dewi Widyawati (Badan Pusat Statistik RI)
Siti Muchlisoh (Politeknik Statistika STIS)



Article Info

Publish Date
30 Dec 2020

Abstract

East Java is part of the international global supply chain and the gateway of trade to eastern Indonesia. East Java became the center of trade links to East Indonesia where this connection was strengthened by Tol Laut which is a subsidized cruise to and from Eastern Indonesia. The Covid-19 pandemic that infected East Java led to a decrease in people’s purchasing power and caused the trade sector to contract. This economic contraction caused shock in supply and demand. This research aims to explore the potential of East Java to rebound from economic contraction due to the Covid-19 pandemic. The analysis methods used are descriptive analysis and inference analysis using the panel’s spatial regression analysis method. As a result of this study, Tol Laut is a solution to resurrect and save the economy in Eastern Indonesia by lowering transportation costs thus refueling interregional trade.

Copyrights © 2020






Journal Info

Abbrev

ejavec

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

East Java Economic Journal invites manuscripts on an economics area, but not limited to economic development, finance, monetary, international trade, environmental, energy, public economics, econometrics, microfinance, health economics, and political economics related to the economy of East ...