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Economics and Finance in Indonesia
Published by Universitas Indonesia
ISSN : 0126155X     EISSN : 24429260     DOI : 10.47291
Core Subject : Economy,
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 5 Documents
Search results for , issue "Volume 63, Number 2, December 2017" : 5 Documents clear
Revenue and Distributional Impact Analysis of Indonesian Personal Income Tax Reform in 2008 Bimo Wijayanto; Yogi Vidyattama
Economics and Finance in Indonesia Volume 63, Number 2, December 2017
Publisher : Institute for Economic and Social Research

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (175.151 KB) | DOI: 10.47291/efi.v63i2.570

Abstract

Since 1983, Indonesian tax policy has been the subject of ongoing reforms in order to replace the old colonial tax arrangements, reduce income dependency from oil and gas, decrease the government's foreign debt and maintain its fiscal sustainability. Nevertheless, after 25 years of reform, actual Indonesian tax performance is still far from what might have been expected as Indonesia have one of the lowest total tax ratios among the ASEAN countries. This research show that the most recent changes put in place may have reduced potential tax revenue from personal income but an increase in the compliance rate.
Tourism and Economic Development in ASEAN 1998-2013 Umara Ardra; Berly Martawardaya
Economics and Finance in Indonesia Volume 63, Number 2, December 2017
Publisher : Institute for Economic and Social Research

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (211.272 KB) | DOI: 10.47291/efi.v63i2.571

Abstract

Many countries support government policies to encourage tourism sector, including ASEAN countries, due to an assumption that tourism contributes positively to GDP and poverty reduction. This study investigates that assumption, as well as the correlation between tourism and HDI, by applying panel data regression to eight ASEAN countries (Brunei Darussalam, Indonesia, Laos Singapore, Malaysia, Thailand, the Philippines, and Vietnam,) during 1998--2013. We found that the number of international tourist arrivals as a proxy variable for tourism have a significant and positive correlation with poverty reduction. Tourism is also proven to increase GDP per capita (albeit in a smaller magnitude) and increase HDI (in an even smaller scale). These findings confirmed our hypothesis on the positive effects of tourism. It is recommended that the tourist promotion is continued while studying the best practices to strategically develop the tourism sector in order to strengthen the positive correlation.
Mapping Persons with Disabilities (PWDs) in Indonesia Labor Market Alin Halimatussadiah; Chaikal Nuryakin; Pyan A. Muchtar; Adriana Bella; Husnul Rizal
Economics and Finance in Indonesia Volume 63, Number 2, December 2017
Publisher : Institute for Economic and Social Research

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (443.076 KB) | DOI: 10.47291/efi.v63i2.572

Abstract

The empowerment of Persons with Disabilities (PWD) has recently attracted the attention of the Indonesian government. Several initiatives have been made to empower their life, especially the establishment of Act No. 8/2016 which enhances their right to inclusive economic activities. This study aims to map PWD in Indonesian labor market. Specifically, it analyzes the characteristics of employed and unemployed PWD. It explored Labor Force Survey (Sakernas), which began to concern on disability issue in 2016. The results show that PWD prevalence varies highly among provinces led by West Sumatera, East Nusa Tenggara, and South Sulawesi and that PWD has lower labor participation rate than that of PWOD. It may indicate the significant presence of discouraged workers among PWD.
Types and Severities of Export Barriers: Evidence from Indonesian SMEs Mohamad Dian Revindo
Economics and Finance in Indonesia Volume 63, Number 2, December 2017
Publisher : Institute for Economic and Social Research

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (349.97 KB) | DOI: 10.47291/efi.v63i2.573

Abstract

Small and Medium-sized Enterprises (SMEs) are more constrained to export than their large counterparts and SMEs' limited participation in export market is more prevalent in developing than in developed countries. Extant literature suggests that SMEs encounter a set of export inhibiting factors distinct to those faced by large firms and therefore accurate identification of export barriers is crucial in fostering SMEs export. This study investigates the export barriers faced by Indonesian SMEs. The evidences were collected from 271 exporting SMEs and 226 non-exporting SMEs in seven provinces in Jawa, Madura and Bali regions. The results show that the types and severities of export barriers perceived or encountered by SMEs vary across export stages and across products/industries. Further, export barriers can be distinguished by their general or specific nature. The policy and managerial implications of the findings are discussed.
Determinants of Port Performance - Case Study of 4 Main Ports in Indonesia (2005-2015) Atika Aqmarina; Nuzul Achjar
Economics and Finance in Indonesia Volume 63, Number 2, December 2017
Publisher : Institute for Economic and Social Research

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (251.266 KB) | DOI: 10.47291/efi.v63i2.574

Abstract

Port plays significant role in supporting economic growth of a country. This study aims to analyze the determinant of port performance in Indonesia. In this research, the ports selected are four main ports in Indonesia which are Port of Belawan, Port of Tanjung Priok, Port of Tanjung Perak, and Makassar. These ports are designed as the hub ports in the national sea transport system of the country. The study used pooled OLS as the methodology to analyze the determinant. The result of this studies shows that total traffic is not influenced by operating surplus per ton, whereas the rest of variables such as turnaround time, idle time, berth of occupancy rate, rate of return, number of employee and cargo equipment have significant results and significantly influenced the total traffic.

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