Jurnal Kebijakan Ekonomi
Jurnal Kebijakan Ekonomi (JKE), is a peer reviewed journal under the Magister Perencanaan Ekonomi dan Kebijakan Pembangunan Fakultas Ekonomi dan Bisnis Universitas Indonesia (MPKP FEB UI) study program that has been published since 2006. It is a scientific publication media containing the results of research, studies, thoughts, and critical analysis on economic policies as well as other related fields such as education, health and environment. This journal has scheduled to be publish in April and October every year. MPKP FEB UI publishes JKE as a media for academics, policy makers at the central and regional levels, as well as the private sector. It also facilitates the experts to communicate various public policy issues at national, regional and local scales.
Articles
93 Documents
<![CDATA[UKURAN PEMERINTAH, KUALITAS INSTITUSI, DAN PERTUMBUHAN EKONOMI REGIONAL DI INDONESIA ]]>
<![CDATA[ Jurnal Kebijakan Ekonomi ]]>
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<![CDATA[The implementation of fiscal decentralization has brought significant changes to the management of public finances in Indonesia. Decentralization has been empirically proven to increase the size of government (ratio of government spending to output). Good institutional quality is considered as an important factor to ensure government spending is effective and able to contribute positively to the economy. This study aims to determine whether the influence of government size on economic growth depends on the quality of the institution. The study uses the level of analysis in 491 districts / municipalities in Indonesia during 2011-2017. Using Ordinary Least Square (OLS) estimation method, empirical results show that government size has a negative and significant effect on regional economic growth. By using an indicator of institutional quality, namely the democracy index, the empirical results of this study show the difference in the effect of government size depending on the quality of the institution. The negative effect of government size tends to be greater in regions with low institutional quality. Keywords: government size; quality of institutions; economic growth]]>
<![CDATA[Determinan Faktor-faktor yang Mempengaruhi Kepesertaan Jaminan Sosial Ketenagakerjaan Sektor Formal ]]>
<![CDATA[ Jurnal Kebijakan Ekonomi ]]>
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<![CDATA[Social security is functioned as a basic protection system for the community against the possibility of socio-economic risks that will arise in the future. One of the social security that is used as protection from the risks that society may face in the future is employment social security. The government encourages to increase the number of people who are protected by employment social security. This study aims to look at the determinants of the factors that affect employment social security participation specifically in the formal sector. By using the random effects model method and panel data consisting of five factors as independent variables from 123 branch offices, the researcher will examine what factors influence the participation of formal sector social security which is divided into two equations. More specific research was also conducted based on the branch office class category which was divided into three namely the main branch office class, the middle branch office class, and the pratama branch office class. Keywords: Labor Social Security; Supervision and Examination; Services; Panel Data.]]>
<![CDATA[Pengaruh Kebijakan Harga Obat terhadap Peluang Peredaran Obat Substandar dan Palsu ]]>
<![CDATA[ Jurnal Kebijakan Ekonomi ]]>
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<![CDATA[The implementation of National Health Insurance (NHIS; or Jaminan Kesehatan Nasional/JKN)’s policy, increasing patient access to medicine while keeping its budget under tight control, has the potentiality to result in compromising the safety and efficacy of the medicine. Budget constraint and the existing asymmetry information in terms of quality and price of medicines could lead to a moral hazard situation where pharmaceutical companies may produce substandard and falsified medicines to secure their profit. The result of this research using logistic regression analysis showed that despite previous assumptions, medicines included in JKN list are actually having lower probability of falsified or substandard compared to their counterparts, non-JKN medicines. In terms of the relation between price and quality of the medicines, the probability of falsified or substandard medicines increases up to a price level where for the poor qualified medicines does not have the ability to copy the original medicines while still making profit out of it. As a result, this research recommends full implementation of JKN to include all essential medicines into its list to avoid asymmetry information and maintain medicines quality. JKN also needs to have a price-differentiation policy which allows pharmaceutical companies to maintain quality of their medicines, even to innovate for a better one, while still maintaining a good profit and their ability to compete in the JKN era. Keywords: Asymmetry Information; Pharmaceutical Pricing Policy; National Health Insurance (NHI); Substandar and Falsified Drug (JEL: D43, H51, I18, P22, P36)]]>
<![CDATA[Subsidi Perumahan, Migrasi dan Permintaan Rumah Studi Kasus Program Kpr Bersubsidi di Indonesia ]]>
<![CDATA[ Jurnal Kebijakan Ekonomi ]]>
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<![CDATA[This study examines the effect of the implementation of Kredit Pemilikan Rumah Fasilitas Likuiditas Pembiayaan Perumahan (KPR-FLPP) as subsidized mortgage on the recent migration rate and its impact for low-income households in Indonesia. Using the multiple linear regression method random effect model, this study analyzed the home ownership status of recent migrants with indicators of the average household’s per capita expenditure in the 2010-2019 Statistics Indonesia survey. The results show that the realization of KPR-FLPP has a negative effect on the migration rate. Meanwhile, the realization of KPR-FLPP has a negative effect on low-income households’ home ownerships rate, it is the same as the achievement of KPR-FLPP to reach low- income households had not been fully effective. Current evidence suggests that due to the lack of some population data information portal usage as a planning database to raise the accuracy to the low-income households as the main target. The Government of Indonesia should prioritize on the need for the formulation of subsidized mortgage policies necessary for the low-income households and encourage concerned stakeholders to develop the most appropriate policies such as the flat concept, which relevants of land-saving issues, as well as to supply the housing for low-income Keywords: rupiah movement; Chinese yuan; implicit currency basket households. Keywords: Subsidized mortgage, Migration, Low-Income Households, Housing]]>
<![CDATA[Dampak Partisipasi Sosial pada Keputusan Migrasi Penduduk di Kawasan Bencana ]]>
<![CDATA[ Jurnal Kebijakan Ekonomi ]]>
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<![CDATA[Natural disasters have caused massive losses in Indonesia, and one of the standard survival strategies implemented by people in disaster areas is to migrate. This study aims to look at the impact of social capital, as measured using participation rates in community activities, on citizens' migration decisions in disaster-prone areas. Using IFLS 5 and DesInventar data, this study found that individual participation significantly reduced migration intensity. The policy implication of this study is that policymakers should leverage and increase existing social capital in society to mitigate the adverse effects of disasters, rather than encourage migration. Key Words:Disaster, social capital, migration, participation]]>
<![CDATA[Efek Aglomerasi di Indonesia: Komparasi Jawa dan luar Jawa ]]>
<![CDATA[ Jurnal Kebijakan Ekonomi ]]>
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<![CDATA[Population density and average city’s wages in Java are higher than outside Java. The literature shows that population density can increase the productivity of firms and workers, thereby increasing the level of wages in cities. In urban economics, agglomeration economies are defined as the benefits that come when firms and people locate near one another together in cities and industrial clusters. This study estimates the agglomeration effect in Java and outside Java cities by analyzing the relationship between population density and urban characteristics with wage levels. Previous studies have shown that population density is positively correlated to wage levels at the city level. However, wage analysis at the city level has the potential to be biased because instead of reflecting the agglomeration effect, the high level of wages in cities may be due to the large proportion of highly skilled workers. This study analyzes wages at the micro-level by including individual characteristics documented in the 2019 National Labor Force Survey to overcome the bias problem. The estimation method used in this study is Ordinary Least Square (OLS) with empirical specifications adopting the model of Combes et al. (2010), and the Two-Stage Least Square (2SLS) estimation method is used with population density data in the past as an instrumental variable to overcome the endogeneity problem. This study found that population density is positively correlated with the city's wage level. However, the correlation is reduced by almost half when individual characteristics are included in the model, proving that the proportion of highly skilled workers strongly influences the high level of wages in the city.]]>
<![CDATA[Korelasi Kemiskinan dan Persepsi Kualitas terhadap Probabilitas Menyuap dalam Pelayanan Publik : Studi Kasus Indonesia ]]>
<![CDATA[ Jurnal Kebijakan Ekonomi ]]>
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<![CDATA[The study attempts to find out to what extent "grease the wheels" hypothesis can explain the bribery phenomena in Indonesia that has been done by the poor to access public services like public administration, police, health, and education. The study used cross-section data from a national survey of the Public Perception of the Corruption Trend 2018 conducted by Lembaga Survey Indonesia (LSI). The survey’s respondents are 3,670 households spread in 34 provinces in Indonesia. The study shows that the grease the wheels hypothesis is found only in health sector, confirming that the characteristics of the public services determine the likelihood of the poor to bribe when the quality of the public service is poor. The result of logit regression shows that the odds ratio of the poor people that have a bad perception on the quality of public service to bribe increases by a factor of 7,61 compared to the poor people that have good perception on the quality of public service. This shows that the characteristics of public services, such as the level of rivalry, cost of alternative services, and the risk to be excluded from the public service are the determinants of bribery in public services.]]>
<![CDATA[Analysis of Public Environmental Expenditure : The Case Study of Jakarta Province ]]>
<![CDATA[ Jurnal Kebijakan Ekonomi ]]>
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<![CDATA[The national struggle for sustainable development influenced the sub-national governments level in composing their policy directions especially public budget policy. Nonetheless, although the environmental protection function is important, it tends to be marginalized in the national budgetary debates. This study, therefore, attempts to analyse the ‘green budget’ allocation and utilization within the Regional Medium-term Development Plan 2013 – 2017 of Jakarta Province. The methodology draws on descriptive analysis of derived data from annual provincial budget documents, and in-depth interview analysis explored potential barriers and drivers give rise to gaps in budget between the allocation and realization stage. Results show that the allocated ‘green budget’ posture of Jakarta Province was 6.1% in the five years average, significantly higher when compared to the national level at 0.8 – 1 percent. However, the realization was low with average actual spending at 47.1% of the total allocated budget. The interviews point to the collaboration aspect among the profound drivers to support environmental affairs policy. Meanwhile, the aspects of staff capacity, public awareness, and policy alignment are believed to be significant barriers that the government is recommended to take into consideration.]]>
<![CDATA[Pengaruh Kepemilikan Asing terhadap Kinerja Perusahaan Manufaktur di Indonesia ]]>
<![CDATA[ Jurnal Kebijakan Ekonomi ]]>
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<![CDATA[This study analyzes the influence of the level of company ownership and also analyzes further about evaluating the requirements of foreign capital ownership as a Negative Investment List (NIL). This study uses a panel of Indonesian manufacturing companies 2007-2014 with the estimated GMM method of Arellano-Bond. The estimation results show an increase achieved with foreign ownership, but after reaching a certain point the increase or increase as intended inverted U. Required to achieve optimal needs. Then further analysis showed that NIL Regulations were approved by foreign capital ownership, NIL companies' foreign capital ownership was lower than Non-NIL companies, but the increase in NIL companies on average was lower.]]>
<![CDATA[Ukuran Pemerintah, Kualitas Institusi, dan Pertumbuhan Ekonomi Regional di Indonesia ]]>
<![CDATA[Bonita, Ayu Putu Arantza]]>;
<![CDATA[Widyawati, Diah]]>
<![CDATA[ Jurnal Kebijakan Ekonomi ]]>
Publisher : <![CDATA[UI Scholars Hub ]]>
Show Abstract
|
Download Original
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<![CDATA[The implementation of fiscal decentralization has brought significant changes to the management of public finances in Indonesia. Decentralization has been empirically proven to increase the size of government (ratio of government spending to output). Good institutional quality is considered as an important factor to ensure government spending is effective and able to contribute positively to the economy. This study aims to determine whether the influence of government size on economic growth depends on the quality of the institution. The study uses the level of analysis in 491 districts / municipalities in Indonesia during 2011-2017. Using Ordinary Least Square (OLS) estimation method, empirical results show that government size has a negative and significant effect on regional economic growth. By using an indicator of institutional quality, namely the democracy index, the empirical results of this study show the difference in the effect of government size depending on the quality of the institution. The negative effect of government size tends to be greater in regions with low institutional quality.]]>
