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East Java Economic Journal

ejavec
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Published by Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

ISSN : 25978780 EISSN : 28302001 DOI : https://doi.org/10.53572/ejavec.v6i1.73

Core Subject : Economy, Social,

Economics, Econometrics & Finance Social Sciences

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.

Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)

Articles 7 Documents

Search results for , issue "Vol. 4 No. 1 (2020)" : 7 Documents clear

Explaining the Fall of Socio-Economic Inequality on Welfare in East Java: A Household Level Analysis Ririn Nopiah Nopiah; Humam Rosyadi Rosyadi; Abdurakhman
East Java Economic Journal Vol. 4 No. 1 (2020)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Poverty in East Java is complex problems multidimentional. East Java Province is one of the province that has highest number of poverty in Java Island. The condition of poverty reflects that population welfare level and suspectible to poor. The aims of this study is analysis determinan socio economics to welfare in East Java by using survei data from Indonesia Family Life Survey (IFLS 5). This study was analyzed by two approach are multiple linier regression model and ordered logistic model. The results of this study shows that micro credit, years of education, social capital, infrastructure availability and assets ownership have significant effect to welfare in East Java. Demographic factors like age and number of household also shows significant result to welfare in East Java.

Evaluation of Vocational High School Dual System Education (DSE) in Improving the Competitiveness of Manpower in the Manufacturing Industry Sector in East Java Province Rizqi Qurniawan
East Java Economic Journal Vol. 4 No. 1 (2020)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

The increase in Indonesia’s competitiveness ranking in 2018 is one indicator of improving the quality of industry and vocational education in Indonesia. However, the quality of the Indonesian workforce is still not good enough, even declining. The Dual System Education Program at the Vocational High School level is an important factor in solving unemployment problems and improving the quality and competitiveness of human resources in Indonesia. This study uses the correlation of the DSE cost index with the competitiveness index of the manufacturing industry in the provinces of Indonesia. The significant positive correlation between the two variables indicates that an increase in the budget for training and certification costs in Dual System Education in Vocational High Schools will increase business competitiveness in the manufacturing industry sector. In addition, this study also looks at the correlation between the DSE cost index and the open unemployment rate for vocational high school graduates in East Java Province. Both variables show a negative correlation, but not significant. This means that the dual system education budget does not significantly affect the open unemployment rate for vocational high school graduates between districts/cities in East Java Province. Improvements in budget allocations, training, apprenticeship systems, certification, curriculum, and collaboration with the business world in the Dual System Education system (DSE) of Vocational High Schools in East Java Province are expected to be able to make vocational education graduates have competencies that are in line with market demand and are ready to work. work so as to increase the competitiveness of the manufacturing industry.

Reaching for the Vulnerables: Assessing the Impact of Digital Financial Inclusion to the MSME Household’s Vulnerability to Poverty Gilbert; Pricilia Meidy Winengko; Adho Adinegoro
East Java Economic Journal Vol. 4 No. 1 (2020)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53572/ejavec.v4i1.32

The COVID-19 pandemic has affected most parts of society, one of which is the MSME household. Although various assistance has been addressed to this sector in the short term, a long-term strategy through digital financial inclusion is needed to reduce the vulnerability of MSME households to falling into poverty in the long term. Using data from the Indonesian Family Life Survey 2014, this study investigates the impact of digital finan-cial inclusion on the vulnerability of MSME households in Indonesia and in East Java. The OLS and 2SLS analysis shows that digital financial inclusion helped reduce the poverty vulnerability of MSME households significantly. Further logistic regression analysis also shows that the reduction of poverty vulnerability occurred both in the risk-induced and structural vulnerabilities. Based on the findings, this study recommends policy stakeholders to formulate a digital financial inclusion strategy as one of the alternative policies for poverty alleviation in Indonesia.

Horti Bank: the Concept of Agricultural Financing Through Farmer Group Synergy to Increase the Welfare of Horticultural Farmers Affected by Covid-19 in East Java Ahmad Burhanudin; Adinda Permatasari; Safira Ummah
East Java Economic Journal Vol. 4 No. 1 (2020)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

The COVID-19 pandemic (Corona Virus Disease 2019) is considered a global pandemic by WHO (World Health Organization) and its spread has reached Indonesia. The COVID-19 pandemic has an impact on national economic growth which causes a decline and also causes an economic downturn. This Pandemic also caused an economic downturn experienced by the Province of East Java which had a relatively large number of cases. The agricultural sector is present as a resilient sector that can survive the COVID-19 pandemic which can contribute to supporting the economic growth rate of East Java. The agricultural sector consists of several sub-sectors, one of which is the horticultural crop sub-sector which has high potential. There are many obstacles experienced by horticultural farmers in their farming. The purpose of this study is to determine the problems experienced by horticultural farmers in East Java Province and to form an institutional model as a solution to the problem to improve the welfare of horticultural farmers in East Java Province through increasing NTP (Farmer Exchange Rate). Analytical descriptive method, case study method and literature study were used in this research. The results showed that (1) the problems experienced by farmers were (a) horticultural farmers generally have a relatively small capacity to provide capital; (b) Sales of horticultural crops are only made to middlemen; (c) Low accessibility to local financing institutions; (d) Agricultural financing credit system that is too burdensome for farmers; (e) There is a gap between farmers and financial institutions; (f) Credit by formal institutions is prioritized in the non-agricultural sector; (2) The existence of the "Horti Bank" institution which is implemented will help in overcoming the problems of horticultural farmers in East Java Province by providing facilities in the form of capital loans with the concept of investment, managing finances, and providing access to insurance for horticultural farmers in East Java Province; (3) The simulation results show that the existence of a Horti Bank can increase the exchange rate of farmers so that it is expected to reduce poverty in East Java.

Assessing the Economic Resilience of the Poor and Vulnerable Groups East Java Province in the Middle of the Covid-19 Pandemic : Susenas Data Study 2019 Herman Palani; Ahmad Zufar Robbani
East Java Economic Journal Vol. 4 No. 1 (2020)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

The COVID-19 pandemic has had a significant economic impact, especially on the poor and vulnerable groups in East Java, which is one of the provinces most affected by this pandemic. However, studies that focus on assessing the level of economic resilience of the poor and vulnerable groups in East Java are still limited. This study was conducted to analyze the economic resilience of the poor and vulnerable groups in East Java in terms of various characteristics such as access to social safety nets, asset ownership, savings account ownership, employment sector, and access to public facilities. Using Susenas data as the main data source and quantitative descriptive analysis method, this study shows that the poor and vulnerable groups have low resilience, limited access to social safety nets and low self-defense systems are two important factors that affect resilience levels.It will be used to evaluate existing policies and provide recommendations for future policy improvements.

East Java Economic Model: Monetary Policy Implications in the Middle of the Covid-19 Crisis Ahmad Zainuddin; Julita Hasanah
East Java Economic Journal Vol. 4 No. 1 (2020)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

East Java is the epicenter of Covid-19 with the highest number of positive cases in Indonesia (11,508 cases as of June 28th, 2020) surpassing DKI Jakarta. The massive spread of the virus had economic consequences. Data showed that East Java's regional income in the third quarter of this year grew negatively by 5.90% (yoy). The contraction of East Java's economic growth will affect the national economy, known that East Java was the second largest contributors to national income, with a contribution of 14.61% in 2017 (Bank_Indonesia, 2018). East Java's economic problems as a result of the pandemic need to involve a comprehensive analysis in order to produce suitable policy implications. The purpose of this study is to predict the development of the Covid-19 case in East Java, to analyze the impact of Covid-19 on the East Java economy including economic growth, inflation, exchange rates, household and government consumption as well as effective macro policy simulations as a novelty of research. This research used descriptive analytical method by involving various simulations. Based onthe results of the study, it is known that (1) the increase in Covid-19 (2.5 times) without any government policy has an impact on the decrease in East Java's regional income by 1.31% or equivalent to 4655 billion Rupiah/quarter, (2) Increasing the number The spread of covid-19 by 2.5 times accompanied by the provision of consumption credit and agricultural credit of 5% will have an impact on increasing East Java's regional income by 0.57% or equivalent to Rp. 2,021 billion/quarter, (3) An increase in consumption credit by 15% means an increase in household consumption. 2.72% or equivalent to Rp. 5,985 billion/quarter, and (4) The policy to increase money supply by 15% has an impact on increasing public consumption by 0.69% or equivalent to Rp. 1,521 billion/quarter. Based on the results, it can be concluded that the most effective policy in order to reduce the economic impact of Covid-19 is the policy to increase the provision of credit to the public in the form of consumption credit or agricultural credit by 15%.

The Role of Internet Use on Individual Income: East Java Rural Case Study M. Fahmi Priyatna; Sonia Anggun Andini
East Java Economic Journal Vol. 4 No. 1 (2020)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

This study analyzes the role of internet utilization on individual income in rural areas of East Java and Peer Provinces (West Java and Central Java) using 2018 Sakernas data. This study uses propensity score matching (PSM) and a probit model to achieve the research objectives. The estimation results show that theprobability of using the internet in East Java is affected by individual age, working experience, formal and informal education, migration, financial management, and agricultural business. Furthermore, this study found that internet usage by individuals in rural areas of East Java Province has increased individual income.There is a difference in income between individuals using the internet and not using the internet, amounting to Rp263,400. When compared with Peer Province, the difference is still below Central Java and West Java, which respectively amounted to Rp323,325 and Rp283,357.

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Editorial Team

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Reviewer

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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

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Home Page

OAI Link

Editorial Team

Contact

Reviewer

Google Scholar

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

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

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