Articles
40 Documents
<![CDATA[Policy Scenario to Boost East Java Economic Recovery: Interregional Input-Output Analysis (IRIO) ]]>
<![CDATA[Doddy Purwoharyono]]>;
<![CDATA[Fathia Khairunnisa]]>;
<![CDATA[Achmad Rifa'i]]>
<![CDATA[ Journal of Asset Management and Public Economy (JAMPE) Vol. 2 No. 1 (2023) ]]>
Publisher : <![CDATA[Universitas Ahmad Dahlan, Yogyakarta ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.12928/jampe.v2i1.6491
<![CDATA[Economic recovery post-COVID-19 is the major development agenda of the government at the central and regional levels. The contribution of this study is to identify, analyze, and provide strategic policy recommendations on the progress of economic recovery in East Java using Input-Output (IO) model. As one of the provinces with the 2nd highest economic contribution to the nation, East Java needs to develop a comprehensive economic recovery strategy to lift its economy to a higher position than the pre-pandemic level. First, the recommended policy scenario is based on the results of the calculation of the recovery index for the Province and Regency/City of East Java. Hereafter, using the 2016 Interregional Input-Output (IRIO) Table, this study recommends a stimulus policy scenario for investment and government spending in all sectors as a game changer that will accelerate East Java's economic recovery. Meanwhile, by sector, information and communication will be the main sectors that encourage the acceleration of economic recovery in East Java Province. Nevertheless, the stimulus in each policy scenario can be considered by the East Java Provincial Government according to the focus and objectives of economic recovery.]]>
<![CDATA[Analysis of Oil and Gas Exports Imports on the Indonesian Rupiah Exchange Rate in 1980-2020 ]]>
<![CDATA[Murtaza Hussain]]>;
<![CDATA[Rully Firmansyah]]>;
<![CDATA[Firsty Ramadhona Amalia Lubis]]>;
<![CDATA[Lusmino Basia]]>
<![CDATA[ Journal of Asset Management and Public Economy (JAMPE) Vol. 2 No. 1 (2023) ]]>
Publisher : <![CDATA[Universitas Ahmad Dahlan, Yogyakarta ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.12928/jampe.v2i1.6492
<![CDATA[International trade is important activities for the economy. The advantages and benefits in international trade that can be obtained by a country is that it allows the opportunity to specialize in obtaining goods and services at lower prices. Therefore, the contribution of this study is to analyze exports, imports, inflation, and economic growth against the Indonesian rupiah exchange rate. The dependent variable used is the rupiah exchange rate variable, and the independent variables include oil and gas exports, oil and gas imports, inflation, and economic growth. Data that used is secondary data obtained through the official website of the World Bank, and the Central Statistics Agency (BPS). The method used is the Multiple Linear Regression model. Based on the results of the regression calculations show that the variable oil and gas exports have no significant effect, oil and gas imports have a positive and significant, inflation has no significant effect, and economic growth negative and significant effect on the rupiah exchange rate.]]>
<![CDATA[Digital Marketing Analysis of MSMEs in Bantul District: COM-B Model Approach ]]>
<![CDATA[Dihan Adum Suryoko]]>;
<![CDATA[Wahyu Tri Wibowo]]>;
<![CDATA[Romi Bhakti Hartarto]]>
<![CDATA[ Journal of Asset Management and Public Economy (JAMPE) Vol. 2 No. 1 (2023) ]]>
Publisher : <![CDATA[Universitas Ahmad Dahlan, Yogyakarta ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.12928/jampe.v2i1.6691
<![CDATA[Progress Internet growth in Indonesia is currently growing rapidly. Shopping activities that previously mostly occurred in traditional markets and supermarkets, with the internet, shopping activities also occur on online buying and selling platforms. This study then contributes to determine the effect of digital marketing on the sales turn over of SMEs in Bantul Regency. Data collection in this study was carried out through semi-structured interviews conducted in-depth on five digital marketing users in Bantul Regency using the Capability, Opportunity, Motiva, and Behavior (COM-B) model to analyze the factors that support and hinder MSME actors from adopting digital marketing. This study found that MSME actors have realized the benefits of using digital marketing. Meanwhile, the lack of digital marketing media used by MSME actors is an obstacle for MSME actors to maximizing sales turnover. Therefore, there is a need for additional training programs.]]>
<![CDATA[Modelling the Drivers of Housing Price using Autoregressive Distributed Lag – Error Correction Model (ARDL-ECM) in Indonesia ]]>
<![CDATA[Bagaskara]]>
<![CDATA[ Journal of Asset Management and Public Economy (JAMPE) Vol. 2 No. 1 (2023) ]]>
Publisher : <![CDATA[Universitas Ahmad Dahlan, Yogyakarta ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.12928/jampe.v2i1.6696
<![CDATA[This study aims to design a model tand to estimate the effect of market fundamentals (macroeconomic drivers) on housing prices in Indonesia. The identification of macroeconomic drivers helps the government utilize these macroeconomic indicators to control housing prices in accordance with the current situation. Therefore, the contribution of this study is to analyse how is the housing price in Indonesia. The analytical tool used in this study is the Autoregressive Distributed Lag-Error Correction Model (ARDL-ECM). The variables used in this study are the residential housing price index, real loan interest rates, and the unemployment rate with the observation period starting in the first quarter of 2010 - fourth quarter of 2019. The process of establishing the ARDL-ECM was carried out through a series of tests on research data. Based on the ARDL-ECM estimation results, it was found that in the short-term real loan interest rates had a negative and significant effect on housing prices, while in the long-term real loan interest rates and unemployment rates had a negative and significant effect on housing prices. These results indicate that real interest rates and unemployment rates as macroeconomic drivers can affect housing prices so that they can be utilized by policy makers, specifically through monetary policy (interest rates) and fiscal policy (unemployment rate).]]>
<![CDATA[Structural Decomposition of Residential Property Prices in Indonesia: a VAR Approach ]]>
<![CDATA[Naveed Aslam]]>;
<![CDATA[Mahrus Lutfi Adi Kurniawan]]>;
<![CDATA[Wisnu Hammam Pratama]]>
<![CDATA[ Journal of Asset Management and Public Economy (JAMPE) Vol. 2 No. 1 (2023) ]]>
Publisher : <![CDATA[Universitas Ahmad Dahlan, Yogyakarta ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.12928/jampe.v2i1.6937
<![CDATA[Home ownership is so important for human survival. the Residential Property Price Index or IHPR increases every time. It is feared that the continuous increase in house prices exceeding their fundamental value will lead to a property bubble like the one that hit the United States in 2008. This study contributes to look at the IHPR's response to shocks from inflation. BI interest rate, GDP, compensation index for permanent workers and Construction Daily Worker and Construction IHPB. Using time-series data from 2010Q1-2021Q4 and the VAR method shows that the IHPR responds positively to changes in the shock of the inflation variable, the compensation index for permanent workers and construction daily workers and the WPI for Construction. Meanwhile, the IHPR response negatively to changes in interest rates and GDP. Based on the results of the variance decomposition. the construction IHPB is the variable that contributes the most. namely 12.2% to changes in IHPR. Implication of the research to maintain the macroeconomic condition to courage the IHPR on stabil condition.]]>
<![CDATA[Utilizing Ex-Bird Market Buildings in the City of Balikpapan: Needs and Economics Approach Analysis ]]>
<![CDATA[Zahrul Azhar bin Nasir]]>;
<![CDATA[Anisa Nurpita]]>;
<![CDATA[Agusta Ika Prihanti Nugraheni]]>
<![CDATA[ Journal of Asset Management and Public Economy Vol. 2 No. 2 (2023) ]]>
Publisher : <![CDATA[Universitas Ahmad Dahlan, Yogyakarta ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.12928/jampe.v2i2.7773
<![CDATA[Balikpapan City has many active markets but there are also markets that are no longer active, one of which is the former Bird Market building. The purpose of this study is to analyse the needs and economics of the asset in order to achieve the most optimal management. Alternative economic studies are based on the results of FGDs and surveys to fulfil the wishes of the community. The data used is primary data using a survey where the respondents are the community around the asset location and supported by stakeholders. The analytical tools used are BCR (Benefit Cost Ratio) and NPV (Net Present Value). The results obtained are the most profitable alternative economic use is a children's amusement park with an NPV value of -19.6 billion rupiah and a BCR value of 1.71, followed by the UMKM Center building with an NPV value of 3.3 billion rupiah and a BCR value of 1.17 or more than 1. Meanwhile, the first priority of community needs is the traditional market, the second is the UMKM center building. So the alternative that suits the needs of the community and has economic benefits is the UMKM centre building. Therefore, based on the results of economic calculations, it is recommended that the former bird market building be better used for the UMKM centre. Thus, the local government can use this research as a reference in determining the reuse of the former bird market building.]]>
<![CDATA[Determinants of Profitability : Evidence from Construction Companies Listed on Indonesian Securities Market ]]>
<![CDATA[Damar Jati]]>;
<![CDATA[Heri Setiawan]]>;
<![CDATA[Sodik Dwi Purnomo]]>;
<![CDATA[Siti Muntahanah]]>;
<![CDATA[Fatwa Zuhaena]]>;
<![CDATA[Arinastuti Arinastuti]]>
<![CDATA[ Journal of Asset Management and Public Economy Vol. 2 No. 2 (2023) ]]>
Publisher : <![CDATA[Universitas Ahmad Dahlan, Yogyakarta ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.12928/jampe.v2i2.7905
<![CDATA[An asset management role is required to analyze and optimize revenue sources and efficient systems to reduce costs. Construction service companies that tend to have fewer fixed assets than their current assets have constraints in suppressing production prices and must be able to manage them efficiently to maintain their existence in the market. The data shows the growth in the number of construction service companies which continues to increase and the construction price index which continues to decline, requiring efficient asset management to reduce production costs. For this reason, this study aims to determine the effect of Account Receivable Turnover (ARTO) asset management instruments, Fixed Asset Turnover (FATO), Inventory Turnover (IT), and Total Asset Turnover (TATO) on Operating Profit Margin (OPM) in construction service companies in Indonesia. The research sample is 5 large-scale construction companies in Indonesia with vulnerable observation periods from 2017 to 2021. The method used in this research is panel data regression to examine the relationship between research variables. The results of this study indicate that Fixed Asset Turnover (FATO) and Total Assets Turnover (TATO) have an effect on the Operational Profit Margin (OPM) of construction service companies in Indonesia. Meanwhile, Account Receivable Turnover (ARTO) and Inventory Turnover (IT) have no effect on OPM in Indonesian construction service companies. The results of this study have implications for construction service companies that asset management is very important for the company's progress, especially in increasing profits. This research contributes to the ability of construction service companies to manage their assets effectively, because the construction service business actor is the party responsible for implementing infrastructure development in Indonesia.]]>
<![CDATA[Smart Living Tourism: Safe and Comfort Natural Tourism Concept ]]>
<![CDATA[Lustina Fajar Prastiwi]]>;
<![CDATA[Sri Handayani]]>;
<![CDATA[Sunil Kumar Chaudary]]>
<![CDATA[ Journal of Asset Management and Public Economy Vol. 2 No. 2 (2023) ]]>
Publisher : <![CDATA[Universitas Ahmad Dahlan, Yogyakarta ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.12928/jampe.v2i2.7907
<![CDATA[This research is a literacy study about smart living tourism in Indonesia. The aim is to find out the opportunities that smart living tourism has to develop through a review of existing literature. This study uses a descriptive and qualitative methodologies. Researchers try to uncover and understand something behind phenomena that have not been known before so that they can provide complex details about phenomena that are difficult to uncover in previous research. The result is smart living tourism Indonesia has a wide opportunity as a new nature tourism entity. With the existence the usage of websites, social media, and the internet can speed up marketing and increase consumer convenience in consuming this tourism commodity because it is easy and fast. What's more, smart living tourism is very close to nature, adding to the variety of ways tourists can enjoy nature. The contribution of this article is to provide knowledge that the trend of mart living tourism is becoming quite promising as a way to increase income in the tourism sector by collaborating between lodging tourism and nature tourism.]]>
<![CDATA[Infrastructure and Poverty: State Budget Effect Analysis with Panel Model ]]>
<![CDATA[Nurul Azizah Az Zakiyyah]]>
<![CDATA[ Journal of Asset Management and Public Economy Vol. 2 No. 2 (2023) ]]>
Publisher : <![CDATA[Universitas Ahmad Dahlan, Yogyakarta ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.12928/jampe.v2i2.7943
<![CDATA[The problem of poverty has an impact on various socio-economic problems such as high levels of illiteracy and unemployment, low levels of health and a bad environment. One strategy to reduce poverty can be done by building adequate infrastructure. The quality of advanced infrastructure is the main prerequisite needed by a country to accelerate its economic growth and development. This study focuses on the effect of infrastructure development that uses economic growth as a "bridge" in reducing the poverty rate that exists in Indonesia today. The contribution of this research is to find out how infrastructure budgeting affects poverty alleviation. The data used is panel data consisting of 32 provinces in Indonesia. The Fixed Effect model is the method used in this study, where the results show that the accelerated provision of priority infrastructure has a significant effect on poverty reduction. The availability of infrastructure services can encourage economic movement that reduces poverty. Partially, economic infrastructure, namely roads and clean water, has a significant effect on poverty alleviation, while social infrastructure DAU Education and DAU Health also have a significant negative effect . The results of this study have implications for the government where with the availability of adequate infrastructure it will be able to overcome poverty.]]>
<![CDATA[Analysis of House Price Determination in 13 G20 Countries: Random Effect Model ]]>
<![CDATA[Ignatius Abasimi]]>;
<![CDATA[Anisa Rupaningtyas Aulia]]>;
<![CDATA[Uswatun Khasanah]]>
<![CDATA[ Journal of Asset Management and Public Economy Vol. 2 No. 2 (2023) ]]>
Publisher : <![CDATA[Universitas Ahmad Dahlan, Yogyakarta ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.12928/jampe.v2i2.7983
<![CDATA[A house or a place to live is a primary need for all beings, but the lack of affordable housing to buy or rent can trigger a global housing crisis. After the collapse of the housing market in the US or the subprime crisis of 2008-2009 there was a revival of focus on the housing market. Empirical research has been conducted to look at the variables that affect house prices. However, it is still rare for researchers to examine the influence of macroeconomic variables in countries that have a strong role in the world economy. Therefore this study aims to determine the effect of the Consumer Price Index, Construction GDP, Unemployment Rate, Population Density, Exchange Rate and Power Purchasing Parity on the House Price Index as an indicator that reflects house prices. So, the contribution of this research is to provide novelty in the use of the house price index to determine the determinants that influence it. This research is a quantitative research using secondary data. The regression model used in this study is the Random Effects Model. The result of this study is the Consumer Price Index and Purchasing Power Parity have a significant positive impact on house prices. Therefore, the government needs to maintain the stability of these two indicators so that house prices remain stable. The Unemployment Rate and Exchange Rate show a significant negative effect on house prices. Therefore, the government needs to monitor and maintain the stability of the exchange rate and reduce the unemployment rate so that there is no significant decline in house prices. Meanwhile, construction GDP and population density show no effect on house prices. Additional studies are urgently needed to identify factors and housing price movements contributing to global and regional levels.]]>
