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Contact Name
Indanazulfa Qurrota A'yun
Contact Email
indanazulfa.ayun@ep.uad.ac.id
Phone
+6285746610873
Journal Mail Official
jampe@ep.uad.ac.id
Editorial Address
Jl. Kapas 9 Semaki Yogyakarta 55166
Location
Kota yogyakarta,
Daerah istimewa yogyakarta
INDONESIA
Journal of Asset Management and Public Economy
ISSN : -     EISSN : 28279816     DOI : https://doi.org/10.12928/jampe.v1i1.4952
Core Subject : Economy, Social,
JAMPE (Journal of Asset Management and Public Economy) publishes research findings of economics both in national and international developments as well as economic theory and application in asset management and public economics, but is not limited to: International economics Monetary economics and banking finance Development and planning economics Regional economics Environmental economics Property valuation Islamic economics Political econoimcs Creative economy
Articles 40 Documents
A Study of Hospital Competition in Yogyakarta City with Huff’s Gravity Model and Valuation Methods Vieira, Isabel; Asmara, Gea Dwi
JAMPE (Journal of Asset Management and Public Economy) Vol. 3 No. 1 (2024)
Publisher : Universitas Ahmad Dahlan, Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/jampe.v3i1.8922

Abstract

This analysis was conducted to identify the level of hospital competition in Yogyakarta City. The object of this study is 12 hospitals in Yogyakarta City. The analytical tools in this study consist of two methods. The ?irst method is the Huff’s Gravity Model used to estimate the probability of visits to each hospital so that the competition between hospitals can be known. The second method is the valuation method using the income approach to calculate the potential value of the hospital. The results of this study show that the largest visit probability and potential value are owned by RS PKU Muhammadiyah Yogyakarta with a probability value of 19.91% and a potential value of IDR 8,493,747,933,578 for an optimistic estimate, IDR 3,370,534,894,277 for a moderate estimate, and IDR 1,400,068,340,700 pessimistic estimate. The contribution of this research can be considered in making investment decisions, especially in planning the establishment of a new hospital or expanding the capacity of an existing hospital. For investors who will invest in the hospital industry, they should look for locations that are easily accessible and avoid building hospitals with lower types near hospitals with high types; this will affect the level of probability of visits to the hospital itself. If the level of visit opportunity is low, then the potential value that will be obtained will also be low.
Abusers of Land Value Zone Utilization: Study of Special Funds and D.I.Yogyakarta Tourist Visitors Davy, Leng; Saleh, Rahmat
JAMPE (Journal of Asset Management and Public Economy) Vol. 3 No. 1 (2024)
Publisher : Universitas Ahmad Dahlan, Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/jampe.v3i1.8969

Abstract

The purpose of this research is to identify the effect of special funds and tourist visits on the number of tours in land value zones in D.I. Yogyakarta Province. The research adopts a panel data approach, utilizing secondary data from government agencies in the research location. Data collection employs a non-probability purposive sampling model, incorporating a total of 30 observational data points representing 5 districts and cities in D.I. Yogyakarta Province. Data analysis is conducted through panel data regression using the Eviews 12 SV analysis tool. The results of this research indicate that the best model chosen is the fixed effect model. The research data statistically confirm the normal distribution of data observations. Specifically, the findings reveal that the number of tourist visits has a significant and positive effect on land value zones in D.I. Yogyakarta Province. However, the variable of special funds does not exhibit any significant effect on these zones. The contribution of this study is in providing insights into the factors influencing land value zones in the province, particularly the noteworthy positive impact of tourist visits. This understanding can be valuable for policymakers and stakeholders in formulating strategies to enhance land value and promote sustainable tourism development in the region.
Do Household Consumption and Literacy Rate Impact the Fluctuation of the Unemployment in Indonesia? Sunni, Muhammad Ismail; Wanof, M. Indre; Wijaya, Angga Kusuma
JAMPE (Journal of Asset Management and Public Economy) Vol. 3 No. 1 (2024)
Publisher : Universitas Ahmad Dahlan, Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/jampe.v3i1.9016

Abstract

This paper aims to investigate the linkage and explore what has determined the unemployment rate in Indonesia from 2000 to 2021 which include literacy rate, school enrolment, labour force participation and household and non-profit institutions serving households (NPISHs) as the main explanatory variables. To control factors of unemployment and avoid spurious or misleading results, other than FDI, we include other macroeconomics variables such inflation, trade and interest rate. This study deploys timeseries regression and Ordinary Least Square (OLS) as the regression technique to estimate the coefficients of the linear function that best fits the data. To assess the model's assumptions and diagnose any potential issues that may affect the model's reliability and validity, the author applied heteroscedasticity, normality, multicollinearity, and autocorrelation test. All data are attained from World Development Index (WDI). Overall, HNC is the only determinant significantly increase level of Indonesia unemployment. While the increase of FDI may exacerbate Indonesia’s unemployment rate, LFP plays significant role in reducing the unemployment rate in Indonesia. The contribution of this paper lies in providing a nuanced understanding of the specific determinants of unemployment, with a particular emphasis on the significant impact of NPISHs. Based on the findings, policymakers should think about making investments in NPISHs to spur growth in the economy while generating job opportunities.  
Millennial Generation (Gen-Y) Preferences Towards Landed House Ownership in Yogyakarta Urban Agglomeration Using Logistic Regression Prativi, Fatima Putri; Yuniarti, Nur Aini; Kamara, Ibrahin Sorie
JAMPE (Journal of Asset Management and Public Economy) Vol. 3 No. 1 (2024)
Publisher : Universitas Ahmad Dahlan, Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/jampe.v3i1.9078

Abstract

The city of Yogyakarta has become a magnet for the millennial generation (Gen-Y), leading to increased urbanization as residents flock to the city. This surge has resulted in a growing demand for land to accommodate public facilities, social amenities, and housing for workers. Despite soaring land prices, driven by high demand, land stocks have not diminished. Over the last 16 years, land prices have escalated by 30 times. However, the wages of Gen-Y formal workers in the DIY region stand at IDR 2,361,434, with an annual increase of only 8.51%. This rapid growth in property prices has not kept pace with the income growth of the millennial generation, raising concerns about their ability to access landed house ownership. This study aims to identify the preferences of the millennial generation regarding landed house ownership in the Yogyakarta Urban Agglomeration. The analytical method employed is Logistic Regression, involving 125 respondents of Gen-Y workers aged 27 to 41 years in the Yogyakarta Urban Agglomeration. Seven variables, encompassing 25 categorical predictors, were considered. The significant indicators influencing Gen-Y preferences in landed house ownership include the cost of building a house, building materials, and the nominal installment of the house. The findings of this research can be instrumental for relevant stakeholders in formulating policies in the housing sector, particularly in the regulation of subsidized housing for the Gen-Y. The contribution of this study lies in providing essential information for informed decision-making and effective policy implementation to tackle the housing challenges faced by the millennial generation in the Yogyakarta Urban Agglomeration.
Determinants of Inclusive Economic Development: A Fixed Effect Model Approach Anita, Rossy Dwi; Udjianto, Didit Welly
JAMPE (Journal of Asset Management and Public Economy) Vol. 3 No. 1 (2024)
Publisher : Universitas Ahmad Dahlan, Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/jampe.v3i1.9101

Abstract

The implementation of development in Indonesia faces challenges and obstacles along with the dynamics of community life and changes in the global constellation. The economic development model that has been applied only encourages economic growth, resulting in social exclusion in the form of poverty, unemployment and social inequality. This study aims to estimate the factors that influence inclusive economic development in Indonesia. The data used comes from 34 provinces in the period 2015-2022. This research contributes to economic development in the form of inclusive economic development, the use of IEDI as a value that shows the level of inclusiveness of Indonesia's development, and contributes to the determinants of IEDI. The model used is FEM with the results showing that the variable open unemployment rate has a negative and significant effect. The rate of GRDP, and HDI has a positive and significant effect on inclusive economic development. The number of poor people insignificant effect. This is based on the trickle-down effect theory which explains that the progress obtained by a group of people automatically trickles down so that it will create jobs. In the end, it will foster an equitable distribution of the results of economic growth. Since economic growth is an indicator of economic development, such changes will affect the number of poor people in the long run.
Application of Hedonic Pricing Model and Geographic Information System on Property Valuation in Yogyakarta Amalia, Nurisqi; Yuniyarti, Nur Aini; Prativi, Fatima Putri
JAMPE (Journal of Asset Management and Public Economy) Vol. 3 No. 2 (2024)
Publisher : Universitas Ahmad Dahlan, Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/jampe.v3i2.9335

Abstract

This study aims to: 1) identify the differences in housing choices between Generation Z (students) and the previous generation (parents or guardians); 2) determine the factors influencing housing purchase decisions; and 3) map the areas of interest for Universitas Gadjah Mada (UGM) students based on price. The research employs a combination of the Hedonic Pricing Model (HPM) and Geographic Information System (GIS), a method that remains limited in the field of property research. The findings reveal that significant factors affecting property prices are building area and location, with the majority of UGM students choosing to reside in Ngaglik District, Sleman Regency. Sleman Regency is also the predominant area where UGM students purchase housing in Yogyakarta. Key attributes influencing UGM students' housing decisions include a safe neighbourhood, residential environment, and distance from waste centers. This research contributes valuable information to property appraisers regarding property price distribution in Yogyakarta and its influencing factors, and provides crucial insights for effective decision-making and policy implementation in regional economic development planning, especially in less popular areas.
Optimizing Food & Baverage Company Performance Through Governance and Social Responsibility: Random Effect Model Approach Dwianto, Agus; A'yun , Annisa Qurrota; Kaira, Lamin; Sesay, Daniel Kassim; Turay, Ibrahim Rahman
JAMPE (Journal of Asset Management and Public Economy) Vol. 3 No. 2 (2024)
Publisher : Universitas Ahmad Dahlan, Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/jampe.v3i2.9441

Abstract

The purpose of this study is to improve the efficiency of food and beverage companies listed on the Indonesia Stock Exchange by implementing GCG & CSR principles. Using panel data from 95 companies covering the period 2018-2022 and using the Random Effects model, the regression analysis shows that the Board of Commissioners has no statistically significant effect on company performance. In contrast, the Audit Committee shows a significant and beneficial impact. The novelty of this study emphasizes the complex nature of the interaction between GCG parameters, CSR, and business success in the food and beverage industry. Practical suggestions include increasing the authority of the Audit Committee to improve performance and applying CSR more contextually to reduce the impact of the Board of Commissioners. The contribution of this research is a valuable understanding of the interaction between governance dynamics and CSR in the context of strategic decision-making.
Success Metrics of the Ridho Illahi Breeders' Cooperative in Enhancing Welfare in Wanasaba Prima, Suci Rahmawati; Una Atsawan, Muhammad; Cahyadi, Ni Made Ayu Krisna; Ruron, Maria G. N Timu
JAMPE (Journal of Asset Management and Public Economy) Vol. 3 No. 2 (2024)
Publisher : Universitas Ahmad Dahlan, Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/jampe.v3i2.10320

Abstract

This study aims to examine the factors that determine the success of breeder cooperatives, particularly in enhancing business competitiveness and the welfare of the breeder community. The research employs a descriptive-qualitative method with Interpretive Structural Modelling (ISM) analysis. Data were collected through interviews and focus group discussions (FGD) with members of the Ridho Illahi Breeders Cooperative in Wanasaba subdistrict, West Nusa Tenggara. The results indicate that several factors contribute to the success of breeder cooperatives, with the technical skills of breeders having the most significant impact. The ISM model highlights that the critical areas of focus for breeder cooperatives should be the operation of upstream and downstream business systems and the marketing strategies for livestock products. The contribution of this research provides valuable insights for breeder cooperative management to enhance business competitiveness. The originality of this study lies in its model used to identify key factors for the success of breeders in improving competitiveness and welfare.
Economic and Social Determinants of Corn Farmers' Consumption Patterns: A Survey and Regression Analysis Approach Hartanto, Wiwin; Mu’alimah, Silvi; Sukarniati, Lestari
JAMPE (Journal of Asset Management and Public Economy) Vol. 3 No. 2 (2024)
Publisher : Universitas Ahmad Dahlan, Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/jampe.v3i2.10423

Abstract

This research discusses the consumption patterns of corn farming households in Indonesia which are influenced by economic and social factors. This study aims to examine consumption expenditure based on income, number of family members, education, age, and differences in place of residence. The research method used was quantitative with multiple linear regression statistical analysis, using primary data from 86 corn farming households. The research results show that income is the biggest factor influencing household consumption of corn farmers. Factors such as income, number of family members and education of the head of the family have a positive and significant effect on consumption patterns. Although age does not have a significant effect, this research provides important insights into the consumption behaviour of corn farmers in Indonesia, including the importance of wise consumption expenditure management to improve the welfare of farming households. These findings show that income, education, and family size play a key role in shaping consumption habits. This study also highlights how economic factors influence people's consumption patterns in various communities, both farmers and urban residents, and the importance of understanding these factors in planning policies that support the welfare of society as a whole. The contribution of this research is expected to bridge the results of previous studies with policy development, emphasizing the need for targeted programs considering income, family size, education, and residence location to improve the welfare of corn farming households in Indonesia.
The Relationship of the 4P Model to Purchasing Decisions: Evidence on Residential Property Naida, Andi Shopia; Anita, Rossy Dwi; Arsyad, Muh. Rezky Pangeran Syafar
JAMPE (Journal of Asset Management and Public Economy) Vol. 3 No. 2 (2024)
Publisher : Universitas Ahmad Dahlan, Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/jampe.v3i2.10575

Abstract

This paper explores the application of the 4P model (product, price, place, promotion) in analyzing the factors that influence house purchasing decisions in the Anging Mammiri Residence housing complex, Makassar City. Through quantitative research with a descriptive approach and collecting primary data through questionnaires, validity and reliability tests were carried out on these variables to ensure the robustness of the variables and the formation of a linear relationship between the variables. The population in this research is the number of consumers who have bought a house at Anging Mammiri Residence, Makassar City from 2016 to 2022. In this research, the sample was taken using the Census Sampling technique where the researcher took the entire sample or part of that number. Questionnaires were distributed to all home buyers totaling 131 respondents. However, at the data processing stage, 61 respondents did not return the questionnaire. So, the number of samples used was 70 respondents. The research results found that product, price, location and promotion had a significant and positive influence on the decision to purchase a house at Anging Mammiri Residence, Makassar City. This research contributes to understanding the elements of the marketing mix and analyzes the 4P model in shaping consumer decisions and its implications for the property market. Apart from that, it contributes to the government as a source of literature in formulating appropriate policies and in building infrastructure and regional development such as roads and other public facilities.

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