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Johny A. Koylal
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mediaekonomifeb@trisakti.ac.id
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Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti Fakultas Ekonomi dan Bisnis Universitas Trisakti Gedung Hendriawan Sie Lantai 3, Jalan Kyai Tapa Grogol no. 1 Grogol, Jakarta 11440 Telp. +62215663232 Ext. 8334 Fax. +62215696906
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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 290 Documents
ANALISIS PENYERAPAN TENAGA KERJA PADA SEKTOR INDUSTRI PARIWISATA Nur Jannah Al Baiti Jannah; Annio Indah Lestari Nasution; Ahmad Syakir
Media Ekonomi Vol. 31 No. 2 (2023): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/me.v31i2.18522

Abstract

This research aims to find out and analyze how labor absorption is influenced by variables from the tourism industry in hotels such as the number of tourists, number of hotel rooms and wage levels in the tourism industry sector in Medan City. This type of research is quantitative descriptive research that uses secondary data with the data source coming from the Medan City Central Statistics Agency. In this research, the time period used ranges from 2017-2021. The analytical method used is multiple linear regression analysis and data processing using the SPSS 25 application. The results of the research state that The variable Number of Tourists has a significant positive influence on labor absorption in the tourism industry in Medan City. The variable number of hotel rooms has a significant positive influence on labor absorption in the tourism industry in Medan City. The wage level variable for working in the tourism sector has a significant positive influence on labor absorption in the tourism industry in Medan City with a significant value.
ANALYSIS OF THE EFFECTIVENESS OF THE MONETARY POLICY TRANSMISSION CHANNEL IN INDONESIA WITH A SINGLE TARGET OF INFLATION FOR THE PERIOD 2016:08 - 2022:12 Putri Fadilah; Sri Yani Kusumastuti
Media Ekonomi Vol. 31 No. 2 (2023): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/me.v31i2.18526

Abstract

The purpose of this study is to determine The Monetary Policy Transmission Channel In Indonesia With A Single Target of Inflation For The Period 2016:08 - 2022:12. The research method used the Vector Error Correction Model (VECM) for the period August 2016 until December 2022. This study uses secondary data from the Indonesian Central Statistics Agency (BPS) and CEIC (a company providing financial and macroeconomic indicator data). The results of this study show that inflation responses to the shock of variables in the Monetary Channel, Interest Rate Channel, and Inflation Expectation Channel is not very much. Viewed from the result of the Impulse Response Test and Variance Decomposition, the three channels for monetary policy transmission (monetary channel, interest rate channel, and expectation channel) must be more effectively implemented in Monetary Policy decision-making in Indonesia. The interest rate channel is the most effective channel among the three channels. The results of the Impulse Response test and Variance Decomposition prove that inflation responses to the shock of variables in the Interest Rate channel are the strongest and have the least time lag and variance of those variables. The most suitable variable used for an operational target in an interest rate channel is BI-7-Days-Repo-Rate (BI7DR). Based on comparation of the other two variables (deposit rate and interbank money market rate), the results of the Impulse Response test and Variance Decomposition show that BI7DR shock obtains strong and quick inflation responses.
PENGARUH FUNDAMENTAL MAKROEKONOMI TERHADAP PENANAMAN MODAL ASING DI ASEAN Kristianto, Andriyan; Zuhroh, Idah; Anindyntha, Firdha Aksari
Media Ekonomi Vol. 32 No. 1 (2024): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/1emf8741

Abstract

This study aims to see the effect of macroeconomics fundamental that proxied by economic growth, inflation and interest rates on foreign   investment in ASEAN 5. This research uses panel data regression analysis. The data source is  from World Bank that are consist of Foreign Direct Investment, Gross Domestic Product, inflation, and   interest from 2007 to 2022. The results show that the Gross Domestic Product has a positive effect on Foreign Direct Investment. Meanwhile, the inflation and interest rates have a negative effect on Foreign Direct Investment
PERAN PENGELUARAN PEMERINTAH TERHADAP PENINGKATAN PENDAPATAN PER KAPITA: STUDI KASUS 34 PROVINSI DI INDONESIA Ruslan, Fadhlurrahman; Ratnawati, Nirdukita; Muliati
Media Ekonomi Vol. 32 No. 1 (2024): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/medqy367

Abstract

This study aims to see the effect of government spending on income per capita of 34 provinces in Indonesia. This study uses panel data regression (pooled data) to determine the effect of government spyending, namely education function, health function, and social assistance, on the dependent variable income per capita. The data used secondary data of 34 provinces in Indonesia over the period 2016-2020 published by the Ministry of Finance and Central Statistics Agency. The result showed that government spending on education and public service functions with 5% error rate are statistically significant have sign in accordance with expectation, then H1 and H4 are accepted. While spending on social function has reversed sign and health function has no influence on income per capita of 34 provinces in Indonesia for 2015-2019 period
DETERMINAN YIELD SURAT BERHARGA NEGARA INDONESIA Adhiguna, Yasinta
Media Ekonomi Vol. 32 No. 1 (2024): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/3fpm1p57

Abstract

This study aims to determine what macroeconomic variables affect the yield of Indonesian Government Securities (SBN). Because in the State Budget (APBN), SBN yield is one of the components that make up the figure on Debt Interest Expenditure, it is important to understand variables that influenced the yield. This study makes use of the Error Correction Model (ECM) analysis method, which may give an overview of the relationship between the independent and dependent variables both in the short and long term. Monthly time series data from 2010 to 2022 are used in this study. The yield of the 10-year tenor SBN denominated in rupiah is the dependent variable. The CPI, foreign exchange reserves, exchange rate, and Bank Indonesia interest rate (BI-Rate) are the independent variables that are employed. Information is taken from Bank Indonesia and Bloomberg. In the short term: Inflation has an insignificant positive effect, BIRATE has an insignificant positive effect, the exchange rate has a significant positive effect, and foreign exchange reserves have a significant negative effect on the 10-year SBN yield. In the long term: inflation has an insignificant positive effect, BIRATE has a significant positive effect, exchange rates have a significant positive effect, and foreign exchange reserves have an insignificant negative effect on the 10-year SBN yield
THE INFLUENCE OF VILLAGE FINANCIAL PERFORMANCE ON FINANCIAL MANAGEMENT VILLAGE IN BOGOR REGENCY Aminda, Renea Shinta; Jiddan Aziz, Raden Muhammad; Syaukat, Yusman; Arsyianti, Dwi; Suharti, Titing
Media Ekonomi Vol. 32 No. 1 (2024): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/zs3wjs59

Abstract

The research was conducted in six villages in Bogor Regency during March and April, using primary and secondary data. Secondary data was obtained from accountability reports reflecting village income and expenditure budgets from 2018 to 2022, while primary data was collected through interviews for input into process hierarchy analysis. A purposive sampling method was used to select the villages, based on location, the Village Building Index (IDM), and recommendations from the Bogor District Empowerment and Village Service. The study's independent variables included Financial Activity, Financial Growth, Financial Independence, and Financial Performance which were calculated using ratios, while the dependent variable was Financial Management. The data was analyzed using quantitative descriptive analysis, village financial ratio analysis, and panel data regression tests, combining time series and cross-sectional data. This study uses villages as sample objects by assessing financial performance through village independence, village financial activities, and village financial growth towards efficiency in Bogor Regency in March and April. The data used include primary data obtained from accountability reports detailing the realization of village revenue and expenditure budgets from 2018 to 2022 and secondary data. The analysis methods used include descriptive statistics, financial ratio analysis, and panel data regression. The currently available resources result in a limited Regional Original Revenue (PAD) generation. The socio-economic status of the village residents remains modest, and the supply of huge transfer income makes the village dependent on assistance. In financial activities, namely operations, it is still considered low. This is because the needs of the village are still small, with a low population, and an emphasis on capital spending as the main focus of the village. According to the applicable policies, the targets for priority use of Village Funds, Village Fund Allocations, Share of Regional Tax and Levy Proceeds, and Provincial/Regency Financial Assistance are to be achieved.
PERANAN SEKTOR PARIWISATA DALAM PENINGKATAN PENDAPATAN ASLI DAERAH DI KAWASAN INDONESIA TIMUR Chan, Nuraini
Media Ekonomi Vol. 32 No. 1 (2024): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/38v3hn25

Abstract

This study aims to examine the impact of the tourism sector on Local Own-Source Revenue (PAD) in eastern Indonesia, focusing on variables such as tourist arrivals, average length of stay, number of hotels and other accommodation options, and financial factors, particularly capital expenditures and Regional Gross Domestic Product (RGDP). This research primarily utilizes secondary data as the main information source, covering five independent variables: the number of foreign and domestic tourists, average length of stay, number of hotels and other accommodations, capital expenditures, and RGDP. To achieve the research objectives, panel data regression analysis was applied using the Fixed Effects Model (FEM) approach. The findings show that the variables for foreign and domestic tourist numbers, average length of stay, number of hotels, and capital expenditures align with the hypothesized relationships, achieving significance levels at various confidence intervals—1%, 5%, and 10%. However, the RGDP variable exhibited a relationship direction that did not align with the hypothesis, with significance at a 1% confidence level
DETERMINASI KETIMPANGAN PENDAPATAN WILAYAH PERKOTAAN DAN PERDESAAN DI INDONESIATAHUN 2019 – 2023 Rania Yasmin; Syofriza Syofyan
Media Ekonomi Vol. 32 No. 1 (2024): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/e87dpz82

Abstract

This study aims to examine the effect of economic growth, foreign investment, and human development index on the income inequality in urban and rural areas in Indonesia. This study uses three independent variables economic growth, foreign investment, and human development index. The dependent variable of interest is the Gini Ratio. This study uses data from the period 2019 to 2023 with the panel data regression method. The results showed that aspects of community welfare, namely Average Per Capita Expenditure and Life Expectancy, had a significant effect according to the hypothesis on Inclusive Economic Growth in Indonesia. The variables that have a statistically significant effect according to the hypothesis is the human development index in rural areas. Meanwhile, the economic growth is not by the proposed hypothesis in urban & rural areas because the rate of economic growth is not received evenly or shows a trickling up effect so that it is only felt by a certain group of people. 
PENGARUH PROGRAM PENGENTASAN KEMISKINAN DI 25 PROVINSI WILAYAH PRIORITAS PENGENTASAN KEMISKINAN EKSTREM Anindita, Gabriella Natalie Krista; Nurhayati
Media Ekonomi Vol. 32 No. 1 (2024): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/kdwgh758

Abstract

The purpose of this research is to analyze the influence of poverty alleviation programs of 25 provinces in Indonesia as part of the priority areas for eradicating extreme poverty stage II in 2020 – 2023 period.  This research uses panel data regression methods to determine the effect of poverty alleviation programs, namely the Program Keluarga Harapan (PKH), Bantuan Pangan Non-Tunai (BPNT), Kartu Prakerja (KPK), and Kredit Usaha Rakyat (KUR) on poverty levels. Secondary data of 25 provinces in Indonesia as part of the priority areas for eradicating extreme poverty stage II in the 2020 – 2023 period was obtained from the Central Statistics Agency (BPS), the National Team for the Acceleration of Poverty Reduction (TNP2K), and other ministries/institutions. The regression results show that KUR has a negative effect on poverty levels, while PKH, BPNT, and KPK have no effect on poverty levels in 25 provinces in Indonesia as part of the priority areas for eradicating extreme poverty stage II in the 2020 – 2023 period
DETERMINAN SISI PENAWARAN GREEN BONDS ASEAN Wijaya, Richy; Dwi Hartini Rahayu; Salim Budiman
Media Ekonomi Vol. 32 No. 1 (2024): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/dwvp8g48

Abstract

The explicit objective of this study is to analyze the factors influencing the supply side of Green Bonds in ASEAN countries. This research aims to examine how the characteristics of green bonds and the characteristics of issuing companies affect the amount of green bonds issued in ASEAN countries, particularly in Malaysia, Singapore, Thailand, and the Philippines during the period from 2018 to 2021. This study employs a quantitative research design with a linear regression analysis approach using the Ordinary Least Squares (OLS) method. This design was chosen to identify and measure the relationship between the independent variables (green bond characteristics and issuer company characteristics) and the dependent variable (the amount of green bonds issued). The independent variables in this study are Green Bond Characteristics, proxied by coupon rates and risk premiums. Additionally, the study includes the variable Issuer Company Characteristics, proxied by the debt ratio of the issuing company. The dependent variable in this study is the amount of green bonds issued. This research utilizes panel data that encompasses green bonds issued in four ASEAN countries (Malaysia, Singapore, Thailand, and the Philippines) from 2018-2021. This panel data allows for analysis that accounts for variability over time and across different companies or countries. The findings of this study indicate that there is a significant relationship between the characteristics of green bonds and the characteristics of issuing companies with the amount of green bonds issued in ASEAN countries. Specifically, it was found that green bond characteristics such as coupon rates and risk premiums significantly impact the amount of green bonds issued. Higher coupon rates and higher risk premiums tend to reduce the amount of green bonds issued. Additionally, the characteristics of the issuing companies, particularly the debt ratio, were also found to have a significant influence on the amount of green bonds issued. Companies with higher debt ratios tend to issue more green bonds. Overall, this study identifies key factors influencing the supply of green bonds in ASEAN and provides insights that can support the development of policies and strategies to strengthen the green bond market in the region