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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. 5 No. 1 (2021)" : 7 Documents clear

i-SMARTS: Digitalization of Agrotechnopreneurship-Based MSME Development to Support Acceleration of East Java Economic Recovery in The Middle of The Covid-19 Pandemic Silvia Mayningrum; Kamil Muhtadi
East Java Economic Journal Vol. 5 No. 1 (2021)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

The COVID-19 pandemic has had a negative impact on MSMEs in East Java Province, one of which experienced a decline in sales and customers due to the PSBB and PPKM policies. The policy requires all MSMEs to carry out business activities online, but not all MSME actors are able to carry it out. The aims of this study were to analyze the perceptions of MSME actors in East Java during the COVID-19 pandemic, to find out the agrotechnopreneurship-based i-SMARTS system model, and to analyze the impact of the i-SMARTS system on the income of MSME actors and Gross Regional Domestic Product of East Java. The method of determining the sample in this study used the convenience sampling method with a total sample of 30 respondents. The data analysis used in this study were a Likert scale, systems approach analysis, and simulative descriptive analysis. The results showed that the perception of MSME actors towards business activities during the COVID-19 pandemic was 73.2% which means that MSME business activities are still less effective and as many as 78.9% of respondents really need an institution that oversees MSMEs in East Java. i-SMARTS as an agrotechnopreneurship-based institution offers various facilities to assist MSME actors in increasing their income during the COVID-19 pandemic. The application of i-SMARTS based on agrotechnopreneurship was able to increase the income of MSME actors during the COVID-19 pandemic from IDR 5,571,666.67 to IDR 9,750,416.67 and had implications for an increase in Gross Regional Domestic Product of East Java. i-SMARTS is the right solution strategy to overcome all the problems faced by MSME actors during the COVID-19 pandemic and develop the MSME sector to support the acceleration of East Java’s economic recovery.

Determinants of Credit Decision Making by Micro Enterprises in Surabaya Muhammad Firdaus Nur Ananda; Shochrul Rohmatul Ajija
East Java Economic Journal Vol. 5 No. 1 (2021)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

This study aims to see how financial literacy factors and business cycle conditions and other variables affect the decision of micro-entrepreneurs in Surabaya to apply for credit. In total of 450 micro-entrepreneurs in Surabaya were sampled in this study. Retrieval of data using the Non-Probability Sampling method, which is a sampling technique in which all members of the population do not have the same opportunity to become research samples. Based on the results of the analysis, it shows that together all independent variables have an influence on the dependent variable, the credit decision. Furthermore, business cycle conditions, collateral ownership, and government policies have a positive and partially significant effect on credit decisions.

Decision to Work in the Formal and Informal Sector: Empirical Evidence from East Java Province Siti Munawaroh
East Java Economic Journal Vol. 5 No. 1 (2021)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

This study examines individual determinants of entering employment in the formal and informal sectors in East Java Province. This study uses the 2014 Indonesian Family Life Survey (IFLS) (wave 5) microdata. The analysis used in this study is logistic regression analysis. The results of this study indicate that the level of education as measured by years of schooling and wages has a significant positive effect on the decision of workers to work in the formal and informal sectors. It means that individuals with higher levels of education and high wages have a greater tendency to work in the formal sector than in the informal sector.

Determinants of Production of Agricultural Commodities of Food Crops in Bojonegoro Regency (Case Study of Farmers Accessing Tani Card and Non Accessing Tani Card) Yuli Arma Andika
East Java Economic Journal Vol. 5 No. 1 (2021)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

The Agricultural economy becomes an important issue in developing Bojonegoro’s Regen cy economy through the agriculture development program. Therefore, research dealing with the agriculture economy is still needed. This research aims to find out the influence of Labor, Land Area, Modal, fertilizer, and Farming Card to increase agriculture commodity production of crops in Bojonegoro Regency. This research uses quantitative descriptive research, the source of data used comes from primary data. The number of samples used in this research was 100 respondents. The technique of analyzing data was the ANCOVA method – multiple linear regression by using software Eviews 9. The results of the study showed simultaneously labor variables, land area variables, capital variables, fertilizer variables, and farming card variables had a significant effect and positively related to increased production of crop commodities. Partially, labor, land area, and capital significantly and positively correlated to the production of the crops. Meanwhile, fertilizer and Farming Card positively correlated but did not significantly influence the production of the crops. The Proportion of independent variable calculation explains the variance of crop production improvement in Bojonegoro Regency was 78.27%. Meanwhile, 21.28% explained by other variables outside the research. Thus, it is expected that the roles of related stakeholders to improve the agricultural economy.

The Potential Increase of Household Consumption Through Online Shopping as East Java Economic Growth Acceleration Effort in The Covid-19 Pandemic: Optimization of Social Demographic and Spatial Factors Taly Purwa; Yusi Krismaningtyas
East Java Economic Journal Vol. 5 No. 1 (2021)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

The economic shock as a result of the Covid-19 pandemic resulted in an economic contraction, including East Java. The shift in consumer behavior in utilizing e-commerce to adapt to pandemic constraints is a good catalyst for stimulating household final consumption as the largest shareholder in the East Java economy. This study tries to identify socio-demo graphic and spatial factors that can be optimized for the acceleration of East Java’s eco nomic growth during the disruption from the demand side. The results of the identification of individual behavior in online shopping as well as district/city aggregates indicate several socio-demographic and spatial factors that can be optimized. Mapping districts/cities based on the dimensions of online shopping activities and ICT infrastructure conditions can be a more specific alternative solution to further optimize the potential for increasing household consumption as an effort to accelerate economic growth during the Covid-19 pandemic appropriate with the characteristics of each region.

Rethinking Application of Tax Policy on Stainless Food in East Java: A Simulation Analysis Ahmad Zainuddin; Resti Prastika Destiarni; Ahmad Syariful Jamil
East Java Economic Journal Vol. 5 No. 1 (2021)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

The Indonesian government has a discourse to implement the tax imposition policy on staple foods during this pandemic. If the policy is implemented, it is feared that it will have a negative impact on the economy, especially in East Java. This study aimed to analyze the East Java economic model and simulate the application of the staple food tax during the COVID-19 pandemic. This study uses an econometric model with a simultaneous equation system using the Two-Stage Least Square (2SLS) method. The analysis results show that the implementation of the basic food tax, either 5 percent or 10 percent, will not have any implications for increasing East Java's GRDP. Moreover, the policy will have implications for the decline of the economy of East Java as a whole. Therefore, the government needs to reconsider the policy of taxing staple foods.

Equity Crowdfunding (ECF) as A Financial Solution for MSMEs During The Covid-19 Pandemic: An Interdisciplinary Analysis: An Interdisciplinary Analysis Afra Hanifah Prasastisiwi; Qonita Luthfia Alimah; Derajad Sulistyo Widhyharto
East Java Economic Journal Vol. 5 No. 1 (2021)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

The COVID-19 pandemic has resulted in vulnerable conditions for MSMEs, including the funding aspect. As the largest contributor to the East Java economy, MSMEs must receive more protection, one of which is by selecting the right alternative capital. By combining the results of a literature study and interviewing informants, this paper describes alternative funding solutions as an effort to recover the economy during the pandemic. The results of the interdisciplinary analysis found that the proper alternative funding for MSMEs was Equity Crowdfunding (ECF). ECF is able to attract investors who have both economic and social intentions. Both intentions are considered equally important with the purpose of this alternative funding, namely to establish protection in the capital aspect for MSMEs. In addition, ECF currently has many potentials, especially considering the popularity of millennial investment trends and “hijrah financial”—financial migration to the sharia economy—among Indonesian people. Juxtaposed with the results of interviews, the interdisciplinary analysis is expected to describe the real situation of economic conditions in East Java. Then the output produced by this paper will be in the form of suggestions for MSMEs and the government regarding the use, development, and provision of education related to ECF.

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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