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INDONESIA
Media Ekonomi
Published by Universitas Trisakti
ISSN : 08533970     EISSN : 24429686     DOI : 10.25105/me
Media Ekonomi is published by Lembaga Penerbit Fakultas Ekonomi dan Bisnis (LPFEB) Universitas Trisakti. Since 2002, three times a year, (April, August, and December). This journal was accredited by Dikti of 2005-2008, and start from 2016, we change the publication frequency to twice a year (April and October). The aim of Media Ekonomi to disseminate research result in economics. This journal did not give limitation on research method, both of quantitative and qualitative can be accepted and the data from primary, secondary, and literature review. The article that was submitted can be used Bahasa or English. The decision for acceptance depends on blind review results. Several criteria to be accepted are: originality, novelty, proper research method and give real contribution for theory development, or future research or practitioners. This journal is Open Access journal. This journal allows readers to read, download, copy, distribute, print, search or link to the full texts or its articles and to use them for any other lawful purpose.
Articles 7 Documents
Search results for , issue "Vol. 29 No. 2 (2021): Oktober" : 7 Documents clear
AKAD SALAM DAN PROBLEMATIKANYA DI PERBANKAN SYARIAH, PENDEKATAN KRITIS Jaharuddin Jaharuddin; R Melda Maesarach
Media Ekonomi Vol. 29 No. 2 (2021): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (503.006 KB) | DOI: 10.25105/me.v29i2.10135

Abstract

The purpose of this study is to analyze the application of the salam contract, its development, find problems and provide alternative solutions so that the salam contract can be applied in Indonesian Islamic banking. Research method This research is qualitative research with a critical approach. The results of this study are (1). Salam contract can be applied in Islamic banking in Indonesia and provides benefits as working capital for farmers, fishermen, and MSMEs. Salam contract should be encouraged to be implemented. (2). Salam contract is not implemented in national sharia banking, thus the partiality of sharia banking to farmers, fishermen, and MSMEs, is still not visible. (3). The solution for implementing salam contracts in national Islamic banking is by (a). philosophical re-orientation, namely the re-orientation of the objectives and business model of Islamic banks that are different from conventional banks. (b). Carry out positive law reforms by sharia in Indonesia (shari'a-based omnibus law). (c). Operational technical adjustments, HR literacy, community literacy, and risk management are based on a philosophical re-orientation and strategic reform. And d). The political will of the government, the DPR, and the Indonesian and international community
DETERMINASI PERMINTAAN CPO PADA 5 NEGARA TUJUAN EKSPOR INDONESIA Eleonora Sofilda
Media Ekonomi Vol. 29 No. 2 (2021): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (510.758 KB) | DOI: 10.25105/me.v29i2.10303

Abstract

This research aims to determine the impact of the Renewable Energy Directive (RED) Policy, Import Duty Rates, and other factors on Indonesian CPO Demand in the five largest export destination countries for Indonesian CPO. Panel data regression with the Random Effect Model (REM) as the relevant model and comparative advantage analysis using RCA were used in this study (Revealed Comparative Advantage). For the period2005-2019, data from the five largest CPO export destination countries for Indonesia were used, including India, China, Netherlands, Italy, and Pakistan. Domestic CPO Production in Indonesia, International CPO Prices, International Soybean Oil Prices, and India's Dummy Import Duty Rates all significantly impact demand for Indonesian Crude Palm Oil, according to the findings. Meanwhile, the rupiah exchange rate against the US dollar and the Dummy Renewable Energy Directive does not affect demand for Crude Palm Oil . Indonesia's crude palm oil (CPO) has a more significant competitive advantage than the rest of the world's CPO producers. The existence of an RCA value more excellent than one indicates that Indonesian CPO commodities have a more significant share of the global CPO commodity export market.
THE DETERMINANTS OF SAVINGS IN INDONESIAN HOUSEHOLDS (USING IFLS DATA) Syofriza Syofyan; Mahjus Ekananda
Media Ekonomi Vol. 29 No. 2 (2021): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (446.232 KB) | DOI: 10.25105/me.v29i2.10308

Abstract

The growing concern among researchers and analysts with regard to the decline in savings amounts is not without intention, interest and purpose. As saving is a personal and individual matter, an approach in which people are urged to augment their savings cannot be taken for granted. Yet while everyone has their own unique set of needs, preferences, motives and habits, this research aims to identify the typical factors that determine household saving in Indonesia. The model to test which factors are the most important is saving as a function of income, consumption, demographic status, psychological, institutional, and financial literacy. The respondents were derived from the Indonesian Family Life Survey (IFLS) from  periods 2007 and 2014. Using quantile regression, we found income to be the most significant factor for saving in 2007 followed by education attainment, employment status and past saving experience. In 2014, the most influential factors were income, risk preference, employment status, urban/rural location and disincentives for going to the bank. Access to finance may offer the potential to resolve the whole of the financial issue for both sides, the demanders and suppliers of microfinancing, both individually and institutionally
THE IMPACT OF INCREASED GOVERNMENT SPENDING AND EXPENDITURES AND EXPORTS OF MAIN COMMODITIES ON DIY'S GRDP IN THE TIME OF COVID-19 Freddy Wangke
Media Ekonomi Vol. 29 No. 2 (2021): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (527.583 KB) | DOI: 10.25105/me.v29i2.10334

Abstract

To analyze the increase in government spending and expenditure as well as exports of Special Region of Yogyakarta (DIY)'s mainstay commodities by 10% each to DIY's GRDP in a historical forecasting simulation and to analyze this increase against other variables in the model other than DIY's GRDP. The model of government spending and expenditure as well as the export of the mainstay commodity of DIY is formed by the form of a simultaneous equation system. The system describes the behavioral and identity equations of all endogenous and exogenous variables in the hope of producing parameter estimators that are theoretically and empirically appropriate. The developed model is dynamic by entering the endogenous Lag (L) variables into the behavioral equation. The increase in government spending and expenditure and an increase in DIY exports by 10% each can increase DIY's GDP by 9,608 IDR (million IDR) or a change of 0.60%. This increase led to an increase in regional and foreign investment by 72,042 IDR (million IDR) or 8.96%, employment of 16027 people or 1.11%, an increase in the value of technology 7,662 IDR (million IDR) or 5.23%, and the number of businesses 21 units or 0.55%.
ANALISIS TINGKAT KEPATUHAN WAJIB PAJAK TERHADAP PENERIMAAN PAJAK BUMI DAN BANGUNAN DIMASA PANDEMI COVID-19 PADA BAPENDA BANDUNG Atikah Muammalah; Shofie Rachmani Ninditha; Gunardi .
Media Ekonomi Vol. 29 No. 2 (2021): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (3258.964 KB) | DOI: 10.25105/me.v29i2.10721

Abstract

This study aims to find out the percentage of the level of taxpayer compliance before and after the Covid-19 Pandemic, based on data on land and building tax revenues contained in the Regional Management and Revenue Agency (BAPENDA) of Bandung City. The data analysis method used is quantitative and qualitative, where data processed from 30 sub-districts in bandung city. The research results of compliance rate peresentase, in 2019 by 89.92% (Obedient) and in 2020 by 101.76% (Very Compliant), so it can be said that the level of compliance from 2019-2020 increased by 11.94%
DETERMINASI PROFITABILITAS PERUSAHAAN ASURANSI KONVENSIONAL YANG TERDAFTAR DI BEI Nurhayati Nurhayati; Poltak Parulian Sitompul
Media Ekonomi Vol. 29 No. 2 (2021): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (435.993 KB) | DOI: 10.25105/me.v29i2.10733

Abstract

The insurance mechanism is basically a risk transfer from the insured (policy holder community) to the insurer (insurance company), and for their willingness to ensure the risk, the company benefits from the premium offered. Insurance companies are also non-bank financial institutions that have an intermediary function to channel funds from surplus spending units to deficit spending units. The concept that is run by insurance companies in seeking profit or profit is to sell services. Basically, the company does not receive a service fee because the risk of the insured is the original risk insurer and is transferred to the insurance company as the insurer. Profitability is measured through several financial ratios, one of which is Return on Assets (ROA). Using 10 companies with the model chosen is the Fixed Effect Mode. Some research results, the researcher wants to do research on the factors that affect the profitability of conventional insurance companies listed on the IDX. Based on the test results using 10 companies with the model chosen is the Fixed Effect Model with the results of all variables having a significant effect on ROA, where DER and RT have a negative effect and CT has a positive effect.
ANALISIS PENGARUH TERORISME, FLUKTUASI NILAI TUKAR, DAN STABILITAS POLITIK TERHADAP VOLATILITAS INDEKS SAHAM DI 3 NEGARA ASEAN + AS Alviyandi Lim; Nuning Trihadmini
Media Ekonomi Vol. 29 No. 2 (2021): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1830.766 KB) | DOI: 10.25105/me.v29i2.10736

Abstract

This study aims to analyze the effect of terrorism activity, exchange rate volatility, and political stability on stock index volatility, with a sample of four countries, namely: Indonesia, Thailand,  Philippines and the United States. This analysis is carried out by combining the GARCH-PANEL model, with an observation period from January 1, 2003 to December 31, 2017. The results of the study show that terrorism activities, exchange rate fluctuations, and political stability have a significant effect on capital market volatility. Among these variables, political stability has the greatest influence, followed by terrorist activity and lastly, exchange rate volatility. Terrorist activities have a negative impact on the stock index, because it causes an unfavorable investment climate so that the volatility of the stock index increases.

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