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Ekuilibrium : Jurnal Ilmiah Bidang Ilmu Ekonomi
Published by Universitas Muhammadiyah Ponorogo
ISSN : 1858165X     EISSN : 25287672     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
Ekuilibrium : Jurnal Ilmiah Bidang Ilmu Ekonomi is a journal published by the Economic Faculty, Universitas Muhammadiyah Ponorogo (Unmuh Ponorogo) in collaboration with Universitas Muhammadiyah Ponorogo Research and Community Service. Published twice a year (March and September), contains six to ten articles and receive articles in the field of economic and business review studies with research methodologies that meet the standards set for publication. Manuscript articles can come from researchers, academics, practitioners, and other economic observers who are interested in research in the field of economics.
Arjuna Subject : -
Articles 203 Documents
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Associative Study on Government Spending, Inflation, Trade Balance, and Gross Domestic Product Agus Eko Sujianto; Muhammad Fajar Ulil Azmi
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 15 No 1 (2020): March
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v15i1.2020.pp27-37

Abstract

Specifically, this study aims to examine the effect of macroeconomic indicators namely government spending, inflation and trade balance on PDB. The observation period from 1981-2017 is based on International Monetary Fund (IMF) documentation. Data analysis using the Error Correction Model (ECM). The results of the study: (1) in the short term and long term government spending significantly influence PDB; (2) in the short-run and long-run inflation affects PDB in the opposite way; (3) in the short term PDB is not affected by the trade balance, whereas in the long run the trade balance variable also has no effect on PDB with a negative slope and (4) the results of simultaneous tests of government expenditure, inflation, and the trade balance affect PDB.
Econometrics Model of Economic Growth in East Java Province with Dynamic Panel Data through Generalized Method of Moment (GMM) Approach Joko Hadi Susilo; Luthfi Ibnu Tsani; Herianto Herianto; M Kholilurrohman
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 15 No 1 (2020): March
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v15i1.2020.pp38-54

Abstract

Increasing the rate of economic growth is one of the biggest goals for an area, because it affects macroeconomic conditions in the aggregate especially the level of public welfare. Law Number 32 of 2004 becomes empirical evidence that there is a transfer of responsibility from the central government to regional governments in carrying out economic development. This research is conducted to determine the condition of economic growth in East Java Province with a population of 29 districts and 9 cities in the 2014-2018 observation period, the number of samples was 190 samples. The data analysis technique is carried out through the econometrics model with two stages, namely conducting a simultaneous regression analysis of the ordinary least square method, then for the second stage, an Arellano-Bond Generalized Method of Moment (GMM) analysis is carried out on the grounds that many economic variables are dynamic, This means that the value of a variable can be influenced by the value of other variables and is influenced by the value of the variable concerned in the past or previous period,in addition to knowing the short-term and long-term effects of economic growth. The findings of the study reveal that simultaneous economic growth in East Java Province is influenced by agglomeration, fiscal decentralization, poverty rates and human development index. Based on the results of the generalized method of moment arellano-bond analysis, the researchers find that fiscal decentralization have a partial effect on economic growth in the province of East Java with the impact of the elasticity of short-term and long-term economic growth values. In addition, researchers find that economic growth in East Java Province is influenced by the value of the variable itself (economic growth) in the previous period.
Institutional Analysis of Shadow Economy (Study on ASEAN 7 Developing Countries) Ana Rahmawati Wibowo; Wiwin Indrayanti
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 15 No 1 (2020): March
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v15i1.2020.pp55-69

Abstract

This study aims to analyze the institutional variables of governance in ASEAN 7 developing countries. The independent variables consist of Voice and Accountability, Political Stability and Absence of Violence, Government Effectiveness, Regulatory Quality, Rule of Law and Control of Corruption, while shadow economy is dependent variable. The data used in this study are quantitative data and secondary data by using program Stata 14, the analysis technique used is multiple linear regression panel data. The results show that Voice and accountability has a negative and significant effect on the shadow economy as well as Political stability, Government effectiveness and Control of corruption on the other side. Regulatory quality has a positive and significant effect on the amount of shadow economy. Meanwhile, Rule of law no significant effect on the shadow economy. Underlying the results, the study arranges some policy to reduce negative effect of shadow economy.
Analysis of Information System Success in the Colleges in East Java with Wijayanto’s Approach of Information System Success Model Heri Wijayanto
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 15 No 1 (2020): March
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v15i1.2020.pp70-82

Abstract

The era of globalization, which is marked by reforms in the field of information, requires good top management support and can support the application of information systems for the creation of quality, useful, and competitive information. Information systems in colleges are tools for managers to complete both new roles and traditional roles, enabling managers to monitor, plan, and predict more precisely and quickly to respond quickly to changes in the business environment. The purpose of this study is to analyze the role of top management support as a moderating variable effect of product quality on use and analyze the role of organizational culture as a moderating variable the effect of the use on benefits. The population of this study was colleges in East Java, a sample of 164 colleges consisting of 57 colleges ranked in Webometrics, and 107 colleges ranked in Webometrics. The analysis came with the SEM-Amos 22 program. The results showed that top management support moderated the effect of product quality on pure use of moderation, and organization culture moderated the effect of the use on benefits in a quasi-moderation manner.
Discriminant Study with Classification of Underdeveloped and Developing City Districts in West Papua Province Ramli Lewenussa; Rais Dera Pua Rawi
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 15 No 2 (2020): September
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v15i2.2020.pp103-117

Abstract

This study aims to determine whether there are clear differences between groups on the dependent variable. This analysis uses the independent variable Life Expectancy (X1), Number of Health Facilities (Puskesmas) (X2), Number of Facilities (Supporting Puskesmas) (X3), Polindes Facilities (X4), percentage of households that do not use electricity (X5). The dependent variable is the regencies / cities lagging behind and developing in West Papua. The research sample uses secondary data, which are the results of the 2017 National Socio-Economic Survey (SUSENAS) conducted by the West Papua Statistics Agency (BPS). The discriminatory method is to test the difference between the stipulation of disadvantaged districts / cities and the stipulation of a Presidential Decree. 131 of 2015, concerning disadvantaged districts / cities in West Papua with normality test data. The object applied is all districts / cities in West Papua. Discriminant analysis can separate lagging and developing districts / cities in West Papua province by calculating function scores by comparing with interrupted scores, the results of the study are 5 districts / cities classified as disadvantaged districts and 6 districts / cities classified as developing districts/city. the influencing factor is facilities (village polyclinic) and the percentage of households that do not use electricity with a percentage decision 100%, theoretical evidence that the five variables prove that the discriminant analysis method shows the same results as the results issued by the Presidential Decree. 131 of 2015 with the percentage of decisions is 100%.
Stakeholders Management Strategy Model as an Effort to Develop Partnerships Ima Rahmawati Sushanti; Eko Budi Santoso
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 15 No 2 (2020): September
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v15i2.2020.pp118-137

Abstract

To achieve a sustainable urban economic life, optimal support from the economic potential in urban areas is needed, especially the presence and support of stakeholders. The Industry, Cooperatives, Small and Medium Enterprises Office of Mataram City in West Nusa Tenggara Province, Indonesia is the main actor of the most dominant influential government agencies in the pearl gold and silver industrial cluster network which is one of the household-based business settlement areas that are still not optimal in its achievements, as a selected case study. This study was conducted to determine the achievement of agencies in the development of the pearl gold and silver industry cluster and determine the appropriate stakeholder management strategy model based on their interests and influence. The method used is descriptive qualitative and case studies using analysis of the level of influence and interest. The results of study show that the Industry, Cooperatives, Small and Medium Enterprises Office needs to intensively collaborate with the most influential and high-interest stakeholders to develop the industry cluster, namely stakeholders who are key stakeholders and context setters, namely Trading Office of Mataram City, Trading and Industry Office of West Nusa Tenggara Province, Tourism Office of Mataram City, Development Planning Agency at Sub-National Level of Mataram City, Ministry of Industry and Trading, National Development Planning Agency, the private sector, and financial institutions. Stakeholder management strategy model uses the Penta helix partnership model, which involves (1) the community, (2) the government, (3) private and financial institutions, (4) academics and associations also (5) media.
Comparison of Transparency Index Between Regency and City in South Sumatra and Lampung Province Sunardi Sunardi; Nur May Lena; Jovan Febriantoko
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 15 No 2 (2020): September
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v15i2.2020.pp138-150

Abstract

This study aimed to determine and analyze the comparison of transparency index of each region in South Sumatra and Lampung Province. The type of the study was comparative and descriptive. Data which were used were secondary data in the form of Performance Evaluation of Local Government Implementation. Total population in this study was 32 Regencies / Cities in South Sumatra and Lampung Province. The sampling technique was purposive sampling, 3 regencies and cities did not provide complete data. The method of data collection in this study was document analysis. Data analysis techniques which were used were quantitative and qualitative analysis using independent samples t test. The results showed that the transparency index of South Sumatra Province was higher than Lampung Province. Other results also showed that the transparency index of regions with city status was lower than regions with regency status.
Poverty Reduction through Local Financial Performance: Case Study in East Nusa Tenggara Province, Indonesia Endang Mahpudin
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 15 No 2 (2020): September
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v15i2.2020.pp151-160

Abstract

The high level of poverty in East Nusa Tenggara Province, Indonesia, requires effort to be alleviated. For instance, there is a need to enhance the financial management performance of the locals. Therefore this study analyzes the contribution of local financial performance to the poverty rate. It uses panel data regression analysis involving 22 regencies and municipalities from 2015 to 2018. The results of the study showed that the local financial independency ratio in various regencies and municipalities has fewer contributions to the poverty rate. Local governments need to increase regional fiscal capacity integrated with efforts to improve regional macroeconomic performance. Moreover, they should increase alignments toward poverty alleviation programs as well as the capacity of regional apparatus.
The Effect of Control Corruption, Political Stability, Macroeconomic Variables on Asian Economic Growth Khubbi Abdillah; Rossanto Dwi Handoyo; Wasiaturrahma Wasiaturrahma
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 15 No 2 (2020): September
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v15i2.2020.pp161-169

Abstract

This study aims to analyze the correlation between control corruption and political stability, macro variables on economic growth in Asia. Study population consist of 47 countries, employing secondary data from Worldwide Governance Indicators, World Development Indicators, and United Nations Development Programme. The data were analyzed using dynamic panel  regression (GMM) during 2002-2018 period with Stata 14 software. The result of the analysis shows control corruption and political stability positively affect economic growth. Macroeconomic variables consist of foreign direct investment and human capital positively affects economic growth. While government size has no significant effect on economic growth. The findings of this study confirms that economic growth can be increased through reducing levels of corruption, strong political stability, increase capital inflow, optimally government consumption especially increasing portion of the education budget and creating jobs widely.
Technical Efficiency of Rice Production Using the Stochastic Frontier Analysis Approach: Case In East Java Province Fadilla Citra Melati; Yossita Prisma Mayninda
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 15 No 2 (2020): September
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v15i2.2020.pp170-179

Abstract

 The aim of this study is to evaluate the efficiency of East Java rice production in 2018. This study uses a model for measuring the efficiency of stochastic frontier analysis (SFA). Empirical results of these findings indicate that the efficiency of rice production in East Java in 2018 was said to be very efficient in several districts and towns affected by the variable dry milled grain / GKG and irrigation variables, although there are still some districts and towns that cannot be said to be productive. Additionally, the explanatory variable of population growth affects the technical inefficiency of East Java rice production in 2018. Based on the results of this study's review, the practical implications for the government must continue to work to increase the scale and impact of efficiency on rice production, particularly on adding irrigated land to rice commodities, so that rice production can increase to the maximum and domestic food needs can be satisfied. Since the population of Indonesia continues to rise significantly, and rice is in fact a staple food for the people of Indonesia, rice production needs to be increased to ensure national social security. For this reason, it is necessary for the government to pay more attention to policies regarding the use and addition of paddy fields in order to keep optimum domestic rice production.

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