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Economics and Finance in Indonesia

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Published by Universitas Indonesia

ISSN : 0126155X EISSN : 24429260 DOI : 10.47291

Core Subject : Economy,

Economics, Econometrics & Finance

EFI mainly covers original idea related to the Economics and Finance in Indonesia. Published articles can be either theoretical, empirical, or in between of those two polar variants.

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Articles 6 Documents

Search results for , issue "Volume 62, Number 3, December 2016" : 6 Documents clear

Accelerating Financial Inclusion through Non-cash Assistance: Exploring Factor Affecting Beneficiaries Perception Sartika Djamaluddin
Economics and Finance in Indonesia Volume 62, Number 3, December 2016
Publisher : Institute for Economic and Social Research

Distribution of social assistance through a non-cash system is a new government breakthrough to increase transfer effectiveness and promote financial inclusion. After the pilot project in 2014, the recent study found that there is a number of beneficiaries who feel the non-cash system is difficult. Therefore they use non-cash facilities to get the transfer only and do not want to use for other financial services. This fact could become an obstacle to financial inclusion. This study aims to investigate what factors influence beneficiaries perception to use non-cash system. We conducted a survey of 139 non-cash beneficiaries in Kabupaten Cirebon, West Java and Kabupaten Pasuruan, East Java. The results showed that accessibility such as queue time, travel time and transportation cost had a significant effect on perception of non-cash system. Perceptions also vary according to beneficiary characteristics. AbstrakDistribusi bantuan sosial melalui sistem non-tunai merupakan terobosan baru yang dilakukan pemerintah untuk meningkatkan efektivitas bantuan dan mempromosikan inklusi keuangan. Penelitian terbaru menyatakan bahwa, pada uji coba sistem non-tunai di tahun 2014, sejumlah penerima bantuan merasa kesulitan mencairkan bantuan dengan sistem tersebut. Mereka hanya menggunakan fasilitas non-tunai untuk mencairkan bantuan saja dan tidak ingin menggunakan sistem tersebut untuk layanan keuangan lainnya. Fakta tersebut dapat menjadi hambatan tercapainya inklusif keuangan. Studi ini bertujuan menyelidiki faktor-faktor apa saja yang memengaruhi persepsi penerima bantuan untuk menggunakan sistem non-tunai. Kami melakukan survei pada 139 penerima bantuan non-tunai di Kabupaten Cirebon, Jawa Barat dan Kabupaten Pasuruan, Jawa Timur. Hasil penelitian menunjukkan bahwa aksesibilitas seperti waktu antrian, waktu perjalanan dan biaya transportasi berpengaruh signifikan terhadap persepsi sistem non-tunai. Persepsi juga bervariasi menurut karakteristik penerima bantuan.Kata kunci: Bantuan Non-tunai; Transfer; Inklusi Keuangan; Persepsi; Penerima BantuanJEL classifications: H31; H55

Child Labour in Indonesia: Supply-Side Determinants Dayang Haszelinna binti Abang Ali; G. Reza Arabsheibani
Economics and Finance in Indonesia Volume 62, Number 3, December 2016
Publisher : Institute for Economic and Social Research

This study analyses the determinants of working among 10–17 years’ children and to investigate the presence of Luxury Axiom. Child tends to work as they gets older, has biological ties to the household head and lives in a rural area. The higher levels of household head’s education lead to the children’s been less likely to work. With regard to the Luxury Axiom, household income is negatively impact the work decision. Birth order is positively related to working and the probability of working decreases by the presence of employed adult. Finally, the impact of the child’s activities varies by provinces. AbstrakKajian ini menganalisis faktor-faktor penentu bekerja di kalangan anak-anak yang berusia 10–17 tahun dan untuk menyelidiki keberadaan Luxury Axiom. Anak-anak cenderung untuk bekerja seiring dengan bertambahnya usia mereka, adanya hubungan biologis dengan kepala rumah tangga, dan tempat tinggal mereka di pedesaan. Selain itu, semakin tingginya tingkat pendidikan kepala rumah tangga mendorong ke arah pengurangan kecenderungan anak-anak untuk bekerja. Terkait dengan Luxury Axiom, pendapatan rumah tangga memiliki dampak negatif terhadap keputusan untuk bekerja dan kemungkinan untuk bekerja menurun seiring dengan adanya orang dewasa yang bekerja. Terakhir, besarnya dampak aktivitas anak bervariasi adalah berdasarkan daerah.Kata kunci: Pekerja Anak; Modal Manusia; Lapangan KerjaJEL classifications: J13; J21; O15

Public Spending and Learning Outcomes of Basic Education at the District Level in Indonesia Thia Jasmina
Economics and Finance in Indonesia Volume 62, Number 3, December 2016
Publisher : Institute for Economic and Social Research

Since 2009, the Indonesian government has fully allocated 20 percent of its budget on education. Though the increase of financial resources has led to an improvement of the access to education, challenges on the quality of education persist. By employing a cross-districts analysis in Indonesia during 2010–2015, this study aims to analyze the impact of government spending on the adjusted-national examination scores at the junior secondary education. This study shows that the central and local government spending have no significant impact on the scores. Whereas, the central government spending on teachers, and the socioeconomic factors such as poverty and health are significant determinants.AbstrakSejak 2009, Pemerintah Indonesia telah dapat mengalokasikan 20 persen anggaran untuk pendidikan. Peningkatan anggaran di sektor pendidikan yang signifikan di satu sisi telah meningkatkan akses pendidikan, tetapi di sisi lain masih terdapat tantangan terhadap kualitas pendidikan. Studi ini bertujuan untuk menganalisa dampak belanja pemerintah terhadap nilai ujian nasional SMP dengan menggunakan analisa cross-section di kabupaten/kota Indonesia pada tahun 2010–2015. Studi ini menunjukkan bahwa belanja pemerintah pusat dan daerah tidak mempunyai dampak yang signifikan terhadap nilai ujian nasional SMP. Akan tetapi, transfer pemerintah pusat untuk guru serta kondisi sosial ekonomi seperti kemiskinan dan kesehatan merupakan faktor yang signifikan.Kata kunci: Pendidikan; Belanja Pemerintah; Hasil Pembelajaran; Kabupaten/Kota; IndonesiaJEL classifications: H75; I22

Local Government Forestry Expenditure and Forest Land Cover: A Preliminary Lesson from Decentralized Indonesia Firda Hidayati; Yogi Vidyattama; Cameron Gordon
Economics and Finance in Indonesia Volume 62, Number 3, December 2016
Publisher : Institute for Economic and Social Research

Even though government of Indonesia invests billions of rupiah to tackle deforestation, its effectiveness has been questionable. This study analyses changes in rates of forest cover in Indonesia and their association with forestry expenditures (FE) spent by the provincial governments. Based on 2007 to 2010 data, linear multiple regression results indicate that FE is not enough to tackle the negative change in forest land cover that could represent deforestation. Moreover, it was found that FE have negative association with forest land cover and therefore, can be associated to deforestation. This negative association remains when other factors that affect forest land cover such as wood extraction, agriculture outcome, forestry outcome, population growth and population density and initial environmental conditions have been controlled.AbstrakWalaupun pemerintah Indonesia telah menginvestasikan trilyunan rupiah untuk mengurangi deforestasi, akan tetapi efektifitasnya dipertanyakan. Penelitian ini menganalisa tingkat perubahan luasan tutupan hutan di Indonesia and asosiasinya dengan Pengeluaran Sektor Kehutanan (PSK) yang dibelanjakan oleh pemerintah provinsi. Berdasar data tahun 2007 sampai 2010, hasil regresi multiple linier mengindikasikan bahwa PSK tidak cukup untuk mengurangi akibat negatif dalam perubahan hutan dan lahan yang dapat mngakibatkan deforestasi. Lebih lanjut, ditemukan bahwa PSK berhubungan erat pengurangan luasan hutan, yang dapat dikaitkan dengan deforestasi. Asososiasi yang negatif ini tetap terjadi walaupun faktor lain yang memengaruhi tutupan hutan seperti penebangan kayu, hasil pertanian, hasil kehutanan, pertumbuhan populasi dan kepadatan populasi dan kondisi awal lingkungan telah dikontrol.Kata kunci: Deforestasi, Hutan Tropis; Populasi Penduduk; Tutupan Hutan; Pengeluaran untuk Reboisasi HutanJEL classifications: E62; Q58; H76

Export Stimuli, Export Stages and Internationalization Pathways: The Case of Indonesian SMEs Mohamad Dian Revindo; Christopher Gan
Economics and Finance in Indonesia Volume 62, Number 3, December 2016
Publisher : Institute for Economic and Social Research

Small and Medium-sized Enterprises (SMEs) in developing countries are still constrained to seize the opportunity of trade liberalization as compared to their large counterparts. It has been argued that effective efforts to foster SME export require clear understanding of the factors that stimulate them to export. This study investigates the export stimuli of 385 Indonesian SMEs at different export stages (pre-exporting and exporting) and different internationalization pathways (domestically established exporter and born-global SMEs). Three types of export stimuli are consistently identified as the most important in all sub-samples: the presence of foreign buyers, the confidence in the products and the aspiration to find alternative markets. By contrast, two types of export stimuli are consistently found as the least important in all sub-samples: government support and Indonesian diaspora communities. The academic and policy implications of the findings are discussed. AbstrakKontribusi Usaha Kecil dan Menengah (UKM) terhadap ekspor di negara berkembang masih sangat terbatas. Hasil studi sebelumnya menunjukkan bahwa upaya meningkatkan ekspor UKM memerlukan pemahaman akan faktor-faktor yang mendorong ekspor (pemicu ekspor). Studi ini meneliti pemicu ekspor pada 385 UKM di Indonesia, meliputi UKM pada tahapan pra-ekspor dan eksportir serta meliputi UKM dengan jalur internasionalisasi yang berbeda. Hasil studi ini menunjukkan bahwa terdapat tiga jenis pemicu utama ekspor: kontak dari calon pembeli luar negeri, rasa percaya diri atas produk dan keinginan untuk memperluas pasar. Sebaliknya, dukungan pemerintah dan komunitas diaspora Indonesia belum menjadi pemicu utama ekspor. Temuan ini memiliki implikasi bagi diskursus akademis dan pengambil kebijakan di bidang pengembangan UKM.Kata kunci: Pemicu Ekspor; Usaha Kecil dan Menengah (UKM); Tahapan Ekspor; Jalur Internasionalisasi; Perusahaan Born-Global; IndonesiaJEL classifications: F23; L25; M13; M16; O17

How Congested Jakarta is? Perception of Jakarta’s Citizen on Traffic Congestion Muhammad Halley Yudhistira; Decky Priambodo Koesrindartono; Sonny Harry Budiutomo Harmadi; Andhika Putra Pratama
Economics and Finance in Indonesia Volume 62, Number 3, December 2016
Publisher : Institute for Economic and Social Research

This paper aims to reveal the behavior and perception of Jakarta’s citizens on traffic congestion in Jakarta. Although this approach is somewhat well-developed in behavioral science, its utilization in urban economics study, is still limited. Detecting the traffic congestion and its cause mainly relies on physical (engineering) methods, i.e V/C ratio. Here, we define the traffic congestion through two variables; ordinal traffic congestion perception and proportion of expected travel time to perceived travel time. Using a non-probabilistic sampling survey held in one of densest business district in Jakarta called Sudirman-Thamrin Golden Triangle Area; the estimation results show that travel behavior plays a major role in affecting travel time perceptions.AbstrakStudi ini bertujuan untuk melihat tingkah laku masyarakat Jakarta terhadap kemacetan di Jakarta. Pendekatan yang digunakan dalam studi ini telah banyak dikembangkan dalam studi behavioral science, namun penggunaanya dalam studi ekonomi perkotaan masih terbatas. Mendeteksi tingkat kemacetan serta penyebabnya umumnya mengandalkan metode fisik seperti V/C ratio. Studi ini mendefinisikan tingkat kemacetan ke dalam dua variabel, persepsi tingkat kemacetan ordinasl serta proporsi dari ekspektasi waktu perjalanan terhadap waktu perjalanan actual. Dengan menggunakan survey non-probabilitic sampling di Sudirman-Tharim Golden Triangle Area, hasil estimasi menunjukkan bahwa perilaku perjalanan (travel behavior) berperan utama dalam mempengaruhi persepsi waktu perjalanan.Kata kunci: Tingkat Kemacetan; Waktu Perjalanan; Perilaku Perjalanan; PersepsiJEL classifications: R40; R41

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efi@lpem-feui.org

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"Editorial Office of Economics and Finance in Indonesia (EFI) Institute for Economic and Social Research (LPEM-FEUI) Jl. Salemba Raya No. 4, Jakarta, Indonesia Phone: +62-21-3143177; Fax: +62-21-31934310"

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Home Page

OAI Link

Editorial Team

Contact

Reviewer

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Contact Name -

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Journal Mail Official efi@lpem-feui.org

Editorial Address "Editorial Office of Economics and Finance in Indonesia (EFI) Institute for Economic and Social Research (LPEM-FEUI) Jl. Salemba Raya No. 4, Jakarta, Indonesia Phone: +62-21-3143177; Fax: +62-21-31934310"

Location Kota depok, Jawa barat INDONESIA

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Contact Name
-

Contact Email
-

Phone
-

Journal Mail Official
efi@lpem-feui.org

Editorial Address
"Editorial Office of Economics and Finance in Indonesia (EFI) Institute for Economic and Social Research (LPEM-FEUI) Jl. Salemba Raya No. 4, Jakarta, Indonesia Phone: +62-21-3143177; Fax: +62-21-31934310"

Location
Kota depok,

Jawa barat

INDONESIA