cover
Contact Name
Shochrul Rohmatul Ajija
Contact Email
shochrul-r-a@feb.unair.ac.id
Phone
+6282227423452
Journal Mail Official
ejavec.journal@gmail.com
Editorial Address
Jl. Pahlawan No.105 Surabaya, Jawa Timur
Location
Kota surabaya,
Jawa timur
INDONESIA
East Java Economic Journal
ISSN : 25978780     EISSN : 28302001     DOI : https://doi.org/10.53572/ejavec.v6i1.73
Core Subject : Economy, Social,
East Java Economic Journal invites manuscripts on an economics area, but not limited to economic development, finance, monetary, international trade, environmental, energy, public economics, econometrics, microfinance, health economics, and political economics related to the economy of East Java.
Articles 7 Documents
Search results for , issue "Vol. 3 No. 2 (2019)" : 7 Documents clear
DEVELOPMENT OF EDUCATION RETURN RATE IN EAST JAVA 2015 AND 2018 Nuelda Amalia; Lilik Sugiharti
East Java Economic Journal Vol. 3 No. 2 (2019)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (767.016 KB) | DOI: 10.53572/ejavec.v3i2.29

Abstract

Education provides many benefits for the workforce, one of which is income when enter-ing the labor market. The return on educational benefits as measured by income is often referred to as the rate of return on education investment. This study aims to determinethe development of the rate of return on education investment in East Java in 2015 and2018. The data used are data from the East Java National Labor Force Survey (Sakernas) in2015 and 2018. The estimated rate of return on education investment is carried out usingthe Heckman Selection Model Method which uses the Heckman Selection Model. modifiedMincer’s Income Function Model to overcome sample-selectivity-bias. The result is thatthe rate of return on investment in education in East Java in 2015 and 2018 generallyincreased, except at the higher education level.Keywords: Return on Investment Education, Income, Profitability, East JavaJEL : I26, I25, N35
CHANGES IN VERTICAL TRADE PATTERNS IN HIGH-TECHNOLOGY COMPANIES IN EAST JAVA Wenny Restikasari; Dyah Wulan Sari; Angga Erlando; Fery Dwi Riyanto
East Java Economic Journal Vol. 3 No. 2 (2019)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (599.304 KB) | DOI: 10.53572/ejavec.v3i2.39

Abstract

This study aims to insvestigate the impact of vertical trade pattern as export intensity, vertical trade integration and two-way trade dummy to firm production capability. This study deals with firm level data of East Java high-tech manufacturing induesties, employs as generalized method of moments (GMM) approach to examine the most imprortant factor of a vertical trade phenomenom. In the full-sample, the result demonstrates that vertical trade integration and two-way trade are significant determinants on firm’s production while export intensity is not. In ordinary trader sub-sample, export intensity is a significant determinant of firm’s production, whereas in vertical trader sub-sample export intensity is not.
THE CONTRIBUTION OF HUMAN CAPITAL AND STRUCTURAL CHANGE TO EAST JAVA’S ECONOMIC GROWTH: : DOES THE STRUCTURAL CHANGE BETTER THAN HUMAN CAPITAL? Listiono
East Java Economic Journal Vol. 3 No. 2 (2019)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (450.432 KB) | DOI: 10.53572/ejavec.v3i2.41

Abstract

This paper investigates the effect of human capital and structural changes on economic growth in East Java using panel data from 38 districts/cities during 2010-2015. The estimation results using the Generalized Method of Moment (GMM) Arellano-Bond show that health and education as indicators of human capital have a positive and significant effect on economic growth. In addition, structural changes as measured by the share of labor, especially in the industrial, construction, and services sectors have a positive and significant impact on economic growth. Interestingly, this study found evidence that structural changes have a greater effect than human capital.
TECHNICAL EFFICIENCY OF SAVING AND LOAN COOPERATIVES IN GERBANGKERTASUSILA, EAST JAVA PROVINCE: A TWO-STAGE ANALYSIS Mochamad Fajar Insani; Atik Purmiyati
East Java Economic Journal Vol. 3 No. 2 (2019)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (486.226 KB) | DOI: 10.53572/ejavec.v3i2.44

Abstract

The purpose of this research is to assess the level of technical efficiency of the Savings and Loans Cooperative (KSP) in Gresik, Bangkalan, Mojokerto, Surabaya, Sidoarjo, and Lamongan (Gerbangkertasusila), Indonesia, and to identify the factors that influence the level of technical efficiency of the Savings and Loans Cooperative in Gerbangkertasusila. Two Stage Analysis that used are Data Envelopment Analysis and Tobit regression. Variables are used in the DEA as output, specifically the remainder of the cooperative’s business (SHU), whereas input includes the number of members, own capital, number of employees, and business volume. The second stage involves analyzing the determinants of technical efficiency using Tobit regression, with the independent variables being cooperative age, external capital, assets, and managers. The results showed that the average level of technical efficiency of the KSP was 60.4 percent, with 16 KSP being the most efficient. Meanwhile, the Tobit regression results show that simultaneously the variables have an influence on the level of technical efficiency of the KSP. Partially the cooperative age and external capital variables have no significant effect on savings and loan cooperatives, while asset and managers have a significant positive effect on the level of technical efficiency of savings and loan cooperatives.
THE EFFECT OF FINANCIAL INDEPENDENCE ON ECONOMIC GROWTH OF THE GERBANGKERTASUSILA REGION Risa Aulia Ramadhani; Zidna Fitriyana
East Java Economic Journal Vol. 3 No. 2 (2019)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (605.841 KB) | DOI: 10.53572/ejavec.v3i2.48

Abstract

This study aims to determine the effect of financial independence on economic growth in the Gerbangkertasusila area (Gresik, Bangkalan, Mojokerto, Surabaya, Sidoarjo, Lamongan), East Java. Regional financial independence is measured using the ratio of regional original income and the ratio of balancing funds to total regional income. This study uses panel data types with Random Effect models and time series data with the research period from 2010-2017. The results show that in the panel data model, local revenue (PAD) has a significant positive effect on economic growth. PAD reflects the source of income from the area so that when PAD has a positive effect on economic growth, it means that the higher regional financial independence will affect higher economic growth. Then, in the time series data model, it was found that there were five districts/cities with a positive and significant effect on local revenue, namely Bangkalan Regency, Mojokerto Regency and City, Surabaya City, and Sidoarjo Regency. On the other hand, there are four district/city balancing funds that have a signifi cant effect, namely Bangkalan Regency, Mojokerto Regency, Surabaya City, and Lamongan Regency
DOES FINTECH PAYMENT GATEWAY EFFECTIVE IN IMPROVING INCOME OF MICROENTERPRISES IN SURABAYA? Raihan Maramba Mahardhika Paripurna; Shochrul Rohmatul Ajija
East Java Economic Journal Vol. 3 No. 2 (2019)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (747.135 KB) | DOI: 10.53572/ejavec.v3i2.52

Abstract

This study aims to examine the effect on the income of Micro and Small Enterprises (MSEs) in Surabaya. This study uses a quantitative research approach, Paired t-test and Independent t-test methods. The variables used are income, payment gateway, capital, and labor. Type of data source is primary data which is taken directly in the field by the author, namely MSEs who move in several sectors. The result is that the income of MSEs in Surabaya, the use fintech payment gateway, has a significant effect on increasing income by using the paired t-test method. Conversely, if use the Independent t-test payment gateway does not have a significant effect.
DOES STUNTING ASSOCIATE TO THE TOTAL FACTOR PRODUCTIVITY? A CASE OF EAST JAVA, INDONESIA Mohammad Zeqi Yasin; Hesti Retno Budi Arini
East Java Economic Journal Vol. 3 No. 2 (2019)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (627 KB) | DOI: 10.53572/ejavec.v3i2.54

Abstract

Although stunting prevalence and many economic indicators are claimed associating to long-term correlation, the finding of this question might signal the policy arrangement that should be taken. This study aims to examine the correlation of Total Factor Productivity (TFP) growth and stunting prevalence of the 38 districts in East Java, Indonesia from 2017 to 2019. By employing fixed-effect model to estimate TFP growth using Growth Accounting approach, as well as quantitative approach and pairwise correlation, to identify the correlation between TFP growth and stunting prevalence, this study found that there is a negative association between TFP growth and stunting prevalence. Moreover, an intriguing finding reveals that districts with largest Gross Domestic Regional Product (GDRP) shows the strongest correlation amongst others. A plausible reason of this result is that district with large GDRP might allocate more budget for stunting reduction programs, for example the district of Sidoarjo. The negative association between TFP growth and stunting prevalence is then confirmed by statistical results of pairwise correlation from Pearson and Spearman’s Rho that both show significant correlation between those two indicators by larger than 0.3, indicating a non-trivial association between TFP growth and stunting prevalence. Keywords: Stunting Prevalence, TFP Growth, East Java.JEL : I15, I18, O47

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