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 119 Documents
Identification of Leading Sector Priorities and Spatial Interactions as Effort to Increase The Economic Growth Rate of Bondowoso District Mariya Ulfa; Ahmad Fauzi; Moh. Rofiqi Hidayat
East Java Economic Journal Vol. 4 No. 2 (2020)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (956.505 KB) | DOI: 10.53572/ejavec.v4i2.33

Abstract

Bondowoso Regency is one of the regions categorized as underdeveloped because the average value of growth rate during 2010-2019 is below the average value of the growth rate of East Java Province which is 5.38% while the East Java Province reaches 5.82%. In addition, the GDP value of Bondowoso regency is in the 8th lowest rank of all regencies / cities in East Java and ranks 2nd in the area of Besuki residence. The economic structure of Bondowoso Regency is dominated by the primary sector with a contribution of 37.4%. As a region that has a strategic area, sectoral development planning is needed by setting sector priorities that must be developed based on competitive advantage and industrial competitiveness and determination of spatial interaction. This research is a type of descriptive quantitative research with the data used are secondary time-series data from 2010-2019. Data taken from Bondowoso’s Cental of Statictis Institution and East Java’s Cental of Statictis Institution. To meet the research objectives there are several analytical tools used including LQ, DLQ, Shift-Share, Growth Ratio Model. Overlay Analysis, Sectoral Typology, Gravitation Model, Spider Chart analysis, and Williamosn Index. Based on the use of a combination of LQ, MPR, Overlay, Sectoral Typology it is known that there are 7 leading sectors namely agriculture, forestry and fisheries; government administration, defense and mandatory social security sectors; education service sector; other service sectors; health service sector and social activities; information and communication sector; financial services and insurance sector. Based on the combination of the Shift Share, DLQ, MPR, Overlay and Sectoral Typology analysis tools, it is known that there are sectors that are expected to become leading sectors in the short, medium and long term. The result shows that Bondowoso district has highest interaction value than other district and disparities value of Bondowoso is classified in low disparity.
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

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (690.156 KB) | DOI: 10.53572/ejavec.v4i1.34

Abstract

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.
Analysis of Poverty Convergence at The District/City Level in East Java Province Harun Al Azies; Wahyu Wisnu Wardana
East Java Economic Journal Vol. 4 No. 2 (2020)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (563.758 KB) | DOI: 10.53572/ejavec.v4i2.35

Abstract

This paper aims to investigate the presence of poverty convergence across regions in East Java over the period of 2008-2018. By employing σ-convergence dan β-convergence, we find that in general there is no strong evidence of poverty convergence across regions. Furthermore, disaggregating the analysis into urban (city) and rural (municipality) areas reveals that there is a tendency of poverty convergence across cities in East Java. In contrast, the finding suggests that municipalities in East Java tended to experience poverty divergence. Other conclusions based on the results of absolute and conditional convergence show that there is a process of convergence of poverty in urban (city) and rural (municipality) during the period 2011-2014.
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

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (922.151 KB) | DOI: 10.53572/ejavec.v4i1.36

Abstract

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.
Sea Toll: A Way to Save The Economic of East Indonesia Through East Java Mohammad Ammar Alwandi; Dewi Widyawati; Siti Muchlisoh
East Java Economic Journal Vol. 4 No. 2 (2020)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1044.566 KB) | DOI: 10.53572/ejavec.v4i2.37

Abstract

East Java is part of the international global supply chain and the gateway of trade to eastern Indonesia. East Java became the center of trade links to East Indonesia where this connection was strengthened by Tol Laut which is a subsidized cruise to and from Eastern Indonesia. The Covid-19 pandemic that infected East Java led to a decrease in people’s purchasing power and caused the trade sector to contract. This economic contraction caused shock in supply and demand. This research aims to explore the potential of East Java to rebound from economic contraction due to the Covid-19 pandemic. The analysis methods used are descriptive analysis and inference analysis using the panel’s spatial regression analysis method. As a result of this study, Tol Laut is a solution to resurrect and save the economy in Eastern Indonesia by lowering transportation costs thus refueling interregional trade.
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

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (686.873 KB) | DOI: 10.53572/ejavec.v4i1.38

Abstract

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%.
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 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

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (719.635 KB) | DOI: 10.53572/ejavec.v4i1.40

Abstract

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.
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.
PERKEMBANGAN EKONOMI, INFLASI, DAN STABILITAS SISTEM KEUANGAN PROVINSI JAWA TIMUR SEMESTER II – 2017 Tim Penulis Laporan Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur
East Java Economic Journal Vol. 1 No. 1 (2017)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (340.114 KB) | DOI: 10.53572/ejavec.v1i1.43

Abstract

Perekonomian Jawa Timur pada semester II 2017 menguat dibandingan semester sebelumnya, diiringi dengan tekanan inflasi Indeks Harga Konsumen (IHK) yang lebih rendah dan stabilitas sistem keuangan daerah masih terjaga. Akselerasi ekonomi Jawa Timur pada semester II 2017 terutama disebabkan oleh perbaikan kinerja eksternal dan peningkatan investasi. Dari sisi inflasi, berakhirnya penyesuaian tarif listrik dengan daya 900VA menopang rendahnya tekanan inflasi IHK (yoy) Jawa Timur dibandingkan paruh pertama 2017. Lebih lanjut, terjaganya stabilitas sistem keuangan Jawa Timur tercermin dari terkendalinya NPLperbankan dan terjaganya rasio keuangan korporasi. Akselerasi kinerja perekonomian Jawa Timur yang lebih tinggi tertahan oleh perlambatan kinerja konsumsi swasta dan peningkatan impor luar negeri. Pada Semester I 2018, kinerja ekonomi Jawa Timur diperkirakan tetap tumbuh tinggi sebagaimana pertumbuhannya pada paruh kedua 2017. Optimisme tersebut ditopang oleh potensi peningkatan konsumsi swasta dan pemerintah sejalan dengan berlangsungnya Ramadhan, Idul Fitri, dan Pemilihan Kepala Daerah (Pilkada). Inflasi IHK Jawa Timur diperkirakan kembali pada sasaran inflasi 3,5%±1% seiring meredanya tekanan inflasi di kelompok administered prices, terjaganya inflasi inti, dan rendahnya potensi peningkatan tekanan inflasi kelompok volatile food. Lebih lanjut, sejalan dengan nasional, stabilitas sistem keuangan dan kinerja perbankan Jawa Timur diperkirakan masih stabil pada paruh pertama 2018.

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