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Contact Name
Firmansyah
Contact Email
firmansyah@live.undip.ac.id
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+628122964639
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indicators.iseismg@gmail.com
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Sekretariat ISEI Cabang Semarang Jalan Erlangga Tengah No. 17 Semarang
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INDONESIA
Indicators : Journal of Economic and Business
ISSN : 26855763     EISSN : 26852799     DOI : -
Core Subject : Economy, Social,
INDICATORS economics, management, bussiness, and acounting, economic development and social change, using theoretical and empirical approaches that examine both determinants and effects of various dimensions of economics, management, bussiness, and acounting, economic development and social change. The focus of INDICATORS is on publishing empirical, scientifically based studies that use appropriate data to test theoretical models and to explore policy impacts related to a broad range of topics within the fields. INDICATORS, is a multidisciplinary journal of economics, management, bussiness, and acounting, economic development and social change, using theoretical and empirical approaches that examine both determinants and effects of various dimensions of economics, management, bussiness, and acounting, economic development and social change. The focus of INDICATORS is on publishing empirical, scientifically based studies that use appropriate data to test theoretical models and to explore policy impacts related to a broad range of topics within the fields.
Articles 3 Documents
Search results for , issue "Vol 8, No 1 (2026): May" : 3 Documents clear
Determinants of Regional Economic Growth: The Role of Infrastructure and Labor in Indonesian Provinces Muzaki, Raihan; Atmanti, Hastarini Dwi
Journal of Economics and Business Vol 8, No 1 (2026): May
Publisher : Ikatan Sarjana Ekonomi Indonesia Cabang Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47729/indicators.v8i1.197

Abstract

Infrastructure is one of the essential elements required to achieve desired economic growth. Infrastructure is a vital aspect in accelerating national development. Infrastructure is a crucial factor influencing Gross Regional Domestic Product (GRDP).The type of data used in this research is secondary data, combining time series and cross-sectional data, specifically from 34 provinces in Indonesia from 2017-2023. This study utilizes independent variables including road infrastructure (JLN), electricity infrastructure (LSK), water infrastructure (AIR), and labor (TK). The analytical method employed in this research is panel data regression.The results of this study indicate that electricity infrastructure, water infrastructure, and labor have a positive and significant effect on economic growth. However, observations show that road infrastructure does not affect economic growth.
Rice Prices Volatility in Indonesia: Describing the Inurement of Domestic Production and Large-Scale Imports Kurniawan, Hendy Febrianto; Revindo, Mohamad Dian; Praha, Rizky Deco; Arrafif, Naufal Zaki
Journal of Economics and Business Vol 8, No 1 (2026): May
Publisher : Ikatan Sarjana Ekonomi Indonesia Cabang Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47729/indicators.v8i1.200

Abstract

In spite of its stated objectives in agriculture towards self-sufficiency drive ever since becoming independent, Indonesia remains reliant to importing rice for domestic needs. As the international rice market becoming more volatile in recent years, it is imperative to fundamentally analyse the dynamics between trade policies and domestic market equilibrium. By employing a qualitative-descriptive approach, this study aims to provide a specific picture of the situation, phenomenon, or social symptoms of the role of government rice importation in domestic rice market activities, including price transmission and community production. We find that the increase of import in times of high prices are not necessarily reflected on consumer prices, instead they tend to depresses prices on farmers level. Price movements correlate more strongly with a surge in supply during harvest periods. Through the findings, we suggest reassessment of trade policies, farmer-oriented policies, logistical infrastructures, and support mechanisms for domestic production and import management.
Guncangan Suku Bunga Kebijakan Melalui Jalur Harga Saham dan Nilai Tukar Wijaya, Muhammad Ruhul Affansyah Arif; Firmansyah, Firmansyah
Journal of Economics and Business Vol 8, No 1 (2026): May
Publisher : Ikatan Sarjana Ekonomi Indonesia Cabang Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47729/indicators.v8i1.201

Abstract

Penelitian ini bertujuan untuk membandingkan efektivitas antara jalur transmisi harga saham dan nilai tukar dalam mentransmisikan guncangan kebijakan moneter terhadap masing-masing sasaran makroekonomi (inflasi dan output) di Indonesia. Metode yang digunakan adalah vector error correction model (VECM), dibangun dengan membentuk dua model untuk masing-masing jalur, dan menggunakan data triwulanan dari 2008Q1 hingga 2023Q4. Hasil empiris menunjukkan adanya perbedaan peran antara kedua jalur tersebut. Pertama, jalur nilai tukar terbukti lebih efektif dalam mengendalikan inflasi, sedangkan jalur harga saham justru menunjukkan kenaikan harga sementara (price puzzle) pada awal periode. Kedua, sebaliknya, jalur harga saham lebih efektif dalam memengaruhi pertumbuhan output, sedangkan jalur nilai tukar mengalami hambatan berupa peningkatan output sementara (output puzzle) pada awal transmisi. Oleh karena itu, terdapat trade-off kebijakan di mana stabilitas harga lebih bergantung pada pergerakan nilai tukar, sedangkan pengendalian output lebih dipengaruhi oleh kondisi pasar saham.

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