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Evi Gravitiani
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Master of Economics and Development Studies Faculty of Economics and Business, Universitas Sebelas Maret Jl Ir. Sutami 36A Kentingan Surakarta 57126 Central Java Province, Indonesia
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Journal of Applied Economics in Developing Countries
Published by Universitas Sebelas Maret
ISSN : 23546417     EISSN : 26857448     DOI : https://doi.org/10.20961/jaedc
Core Subject : Economy,
Economics, Econometrics & Finance
FOCUS This journal focused on economics, business, and management in developing countries studies and presents developments through the publication of articles and research reports. SCOPE The Journal of Applied Economics in Developing Countries (JAEDC) specializes on Economics, Business, and Management in developing countries, and is intended to communicate original research and current issues on the subject. This journal warmly welcomes contributions from scholars of related disciplines. The focus and scope of the Journal of Applied Economics in Developing Countries include: 1. Development Economics 2. Fiscal policy 3. Monetary economics 4. Public policy 5. Regional economics development 6. Institutional economics 7. Poverty and inequality 8. International economics 9. Financial economics 10. Digital economics 11. Circular and Environmental Economics 12. Health Economics 13. Industrial Economics 14. Labor Economics
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 102 Documents
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PANCASILA – ROADBLOCK OR PATHWAY TO ECONOMIC DEVELOPMENT? Marcus Marktanner; Maureen Wilson
Journal of Applied Economics in Developing Countries Vol 1, No 1 (2014): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v1i1.89988

Abstract

While Pancasila was initially adopted as a normative value system to guide Indonesia’s political, social, and economic development after independence, the political implementation has always been subject to political dispute. Pancasila underwent three different stages: The Sukarno stage (1945-1967), the Suharto stage (1967-1998), and the post Suharto stage (1998-Present). During the Sukarno stage, Indonesia’s young democracy still proved to be too turbulent to guarantee national unity, leading Sukarno to centralize political power in the name of Pancasila. Suharto, inheriting a defunct economic system, on the other hand, also used Pancasila as a legitimization for centralizing his political power. By the end of the Suharto era, the value system of Pancasila had been largely associated with political abuse, leading to its stigmatization in postSuhartopolitics. At the same time, concerns for inequitable social development despite fast economic growth are on the rise. Indonesia is accordingly in danger of creating a void in its unifying normative value foundation that guides economic and public policy. This is especially true regarding the lack of safeguards against rising social injustice. This void may be filled by non-state actors like religious groups and radical movements and pose serious threats to Indonesia’s future political stability. A return to a national dialogue regarding how to translate Pancasila’s normative value system into political and economic reality is necessary to turn Pancasila from a roadblock to a pathway of sustainable development.Keywords: Pancasila, Pancasila Economics, Historical Analysis, Socioeconomic Development
WHY DO THEY TAKE ONLINE LOANS? (STUDY ON HIGHER STUDENTS IN EAST JAVA, INDONESIA) Bima Setyo Nugroho
Journal of Applied Economics in Developing Countries Vol 9, No 1 (2024): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v9i1.84511

Abstract

This research analyzes the influence of lifestyle, advertising, and ease of access on interest in online loans which is moderated by consumer behavior. This research uses a quantitative method with an accidental sampling technique. The total research sample was 132 students. The statistical analysis used in this research is an approach using Structural Equation Modeling- Partial Least Square (SEM-PLS) with the help of SmartPLS 3.0 software. The results of this research show that lifestyle influences consumer behavior. Apart from that, advertising and ease of access also have a positive and significant effect on consumer behavior. Meanwhile, consumer behavior also has a positive and significant effect on online loan interest. Meanwhile, consumer behavior also moderates the relationship between lifestyle and online loans. Based on the research results, the theoretical implication of this research is that lifestyle, ease of access, and advertising can influence a person's consumptive lifestyle which can direct someone to online loans, so students must pay attention to spending for future needs, so that the dangerous impacts caused by online loans may decrease during the study period. Meanwhile, practically, this research can be used as input for students regarding their responsibilities in managing finances and create awareness to reduce consumer lifestyles which can lead them to online loans which have several negative impacts.
THE IMPACT OF LAND, SEA, AND AIR TRANSPORTATION INFRASTRUCTURE ON ECONOMIC GROWTH IN G7 COUNTRIES Aryo Dwi Febriyanto; Hadi Sasana; Jalu Aji Prakoso; Muhammad Chrisna Satriagasa
Journal of Applied Economics in Developing Countries Vol 9, No 2 (2024): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v9i2.90655

Abstract

This research analyzes the influence of road length, rail length, containers traffic, air freight, GFCF, and labor force on economic growth. This study uses quantitative methods with G7 countries as research objects during 2010-2021. Panel data consisting of 84 observations was analyzed with the help of Eviews12 software. The statistical analysis used in this research is the Ordinary Least Square (OLS) method, with the Fixed Effect Model chosen as the best model for interpreting the research results. The findings show that the road length, container traffic, air freight, GFCF, and the labor force have a positive and significant influence. Meanwhile, only the rail length does not have a significant effect on economic growth. Based on the results of this research, the theoretical implication of this research is the development of transportation infrastructure, especially road length, containers, air freight, GFCF, and labor force can increase economic growth in a country. So countries must consider spending on developing transportation infrastructure. Meanwhile, practically, this research can be used as study material in considering infrastructure development because the negative impact caused by errors in infrastructure development can be a waste of budget.
THE RELATION BETWEEN INNOVATION STRATEGY AND COMPANY’S FINANCIAL PERFORMANCE MEDIATED BY INTELLECTUAL CAPITAL AND INTERNAL PROCESS PERFORMANCE Hariyati Hariyati; Bambang Tjahjadi
Journal of Applied Economics in Developing Countries Vol 2, No 1 (2016): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v2i1.89992

Abstract

This research examines the relation between innovation strategy and company’s financial performance through mediation between intellectual capital and internal process performance. The hypothesis in this research is that the innovation strategy affects the financial performance, which is mediated by intellectual capital, and internal process performance. This research is a quantitative research in the explanatory level. The populations of this research are all of the manufacturer companies in East Java. There are 398 companies. The data is collected through questionnaires. There are 135 questionnaires or response rate for 34%. The analysis unit is a business unit. The research respondent is the manager of the business unit in Manufacturing Company in East Java. The research result shows that the intellectual capital and internal process performance mediates partially the relation between innovation strategy and financial performance.Keywords : innovation strategy, mediation, financial performance, intellectual capital, internal process performance
THE HOUSING SUPPLY ELASTICITY AND ITS DETERMINANTS: EVIDENCE FROM CHINA Ping Gao
Journal of Applied Economics in Developing Countries Vol 1, No 1 (2014): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v1i1.89990

Abstract

Using panel data for 35 cities in China from 1992 to 2009, this article estimates the flow model and the stock adjustment model based on the work by Malpezzi and Maclennan (2001). The flow model represents an implied housing supply elasticity varying from -0.004 to 0.819. In contrast, the stock adjustment model yields a slightly lower estimation ranging from -0.002 to 0.419. A further examination of the determinants of housing supply elasticity suggests that housing supply is not only significantly influenced by housing prices, but also by land-use regulations as well as the lagged housing stock.Keywords: Housing supply elasticity, housing stock, land regulations
ANALYSIS OF RICE PRICE FORMATION AND INCREASE AT THE FARMER LEVEL Ahmad Sayuti Royali; Fikri Nur Wafa
Journal of Applied Economics in Developing Countries Vol 9, No 1 (2024): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v9i1.85787

Abstract

This study aims to determine and analyze the condition of farmers, increasing and determining rice prices at the farmer level in German Village, Sugio District, Lamongan Regency. This study used a qualitative approach with data collection methods by conducting interviews. The results of this study show that German Village is a village with high agricultural sector potential due to rainfed areas. In addition, irrigation facilities and agricultural equipment in German Village are very adequate. Furthermore, the average German Village farmer has a land area above 5,000 m2 with a harvest period of 4 months and can harvest 3 times a year. Next, in rice pricing, the role of middlemen is very large. Meanwhile, there are four ways to increase rice prices, including: selling crops through social media, price monopoly by farmers, agricultural socialization, and scheduling harvest and planting seasons.
THE ROLE OF EDUCATION IN HUMAN DEVELOPMENT IN DISTRICTS / CITIES OF RIAU PROVINCE Aswanto Aswanto; Emkhad Arif; Mhd Suleman Hsb
Journal of Applied Economics in Developing Countries Vol 9, No 2 (2024): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v9i2.92192

Abstract

The purpose of this study is to see the data and then analyze how big the role of education is with its indicator Average Length of Schooling (RLS) in improving human development with its indicator Human Development Index (HDI) in the Districts/City of Riau Province. By using data sourced from the BPS of Riau Province, namely Secondary data. And using a descriptive analysis method then strengthened by simple regression testing using panel data, using the Eviews 13 Statistics application. So based on the results of the study it can be concluded that the role of Education plays a very important role in Human Development in the Districts/City of Riau Province. Proven in partial testing, education (RLS) has a positive and significant influence on human development (HDI) which is indicated by a Prob value of 0.0000 which is less than 0.05. Meanwhile, the magnitude of the influence can be seen from the value of the calculation results obtained by the Determination Coefficient (Adjusted R2) in this study, which is 93.97%. Of course, in this study there are still limitations in problems that are not discussed thoroughly. However, the results of this study can be a reference in government policy to increase the role of education in human development in Riau Province.
THE POTENCY OF TATAH SUNGGING SMES CREATIVE INDUSTRY IN SOLORAYA, CENTRAL JAVA, INDONESIA Emi Widiyanti; Deny Tri Ardianto
Journal of Applied Economics in Developing Countries Vol 2, No 1 (2016): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v2i1.89993

Abstract

Small and Medium-sized Enterprises (SMEs) have shown their existence in overcoming the monetary crisis. SMEs have shown its contribution as well to local economy and labor absorption. One of creative industry SMEs is getting less attention. It is caused by being abandoned widely. However, it plays a very important part in maintaining the existence of nation culture is tatah sungging creative industry SME. Tatah sunggih is a part of wayang kulit (leather puppet) art recognized throughout the world as Indonesian original culture. This research aimed to explore the potency of tatah sungging creative industry in Soloraya area and to find out the characteristic of tatah sungging consumer currently. This study was a descriptive research taken place in Solo Raya areas including six regencies/cities: Solo, Boyolali, Sokoharjo, Wonogiri, Sragen, and Klaten. The data used was primary data taken from 30 respondents constituting the tatah sungging craftsmen that was then analyzed using descriptive analysis method. The result of research showed that 1) most craftsmen were 30-50 years old and had adequate education level, i.e. Senior High School or higher. Regarding experience, they had wrestled with this work for more than 10 years and it usually was inherited from one generation to the next. In one month, each SME could produce 5 pieces of leather puppet costing about IDR 1.5 millions per unit with volume sale of IDR 10 millions per month. Most of these SMEs had both local and regional market, and some had exported their product abroad; 2) the consumers of tatah sungging were mostly 30-40 years old with high education level, Senior High School or higher. Viewed from the type of occupation, the consumers of this industry were those working in the formal sector such as Civil Servants; it indicated that the consumers belonging to educated community category. Keywords : industrial potency, consumer, tatah sungging, wayang kulit, Soloraya
TRADITIONAL INDONESIAN GASTRONOMY AS A CULTURAL TOURISM ATTRACTION Amiluhur Soeroso; Y. Sri Susilo
Journal of Applied Economics in Developing Countries Vol 1, No 1 (2014): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v1i1.89991

Abstract

Culture is the characteristics of a particular group of people, defined by everything from language, religion, cuisine, social habits, music and arts. As a part of the culture, cuisine and gastronomy significantly related to tourism. It has always been a component of the culinary tourist experiences. Tourist is not only eating to avoid falling ill, but also they want to understand a region or a country. Of food, they can receive information about a population and its civilization. Aims of the study is to assess whether travelers only want to see the temples, artifacts, sites etc., or they just want to feel another very memorable experience while visiting tourism objects in Indonesia, including sample cuisine and regional specialties. Then, the author wants to see the drivers for rebuild the character of gastronomy and traditional Indonesian food as a tourism attraction. Therefore, the author also desires to convey that the preservation of the traditional gastronomy, as a part of the national culture, is very important for the development of cultural tourism attraction. This study uses survey techniques to collect primary and secondary data. Researcher conducted indepth interviews with 150 tourists who are visiting to tourism object in Indonesia. And then, the researcher sent a questionnaire by email to 150 tourism stakeholders, especially those working in the field of gastronomy. Results of this study showed that tourists want others exotic tourism experiences. Travelers will make food as part of the experience when travel to tourism object in Indonesia. There are eight trends that could encourage gastronomy as cultural tourism attraction i.e. trading up, multiculturalism, media communication, demographics and household change, communities’ involvement, glocalization (globalization with local flavor), product quality, and ecofriendly product. Beside that, need to protect against the diversity of local food, and improve the image of the non-rice food equivalent to the rice food. Thus, communities should be given the knowledge of food quality in the surrounding areas and the implementation of "go green" agribusiness, from farm to fork. Now, some of Indonesian traditional food become intangible cultural heritage; so that it is designed can be to induce economic development, particularly through cultural tourism. Consequently, stakeholders need to conduct research; development, preservation and dissemination to communities on the gastronomic and culinary tourism, by collaborating and strategic partnering with establish organizations.Keywords: Traditional food, cuisine, gastronomy, cultural tourism
THE NEXUS OF INDUCING DEVELOPMENT: MEASURE PATH DISCOURSES IN INDONESIA’S DYNAMIC LANDSCAPE Ivan Sudibyo
Journal of Applied Economics in Developing Countries Vol 9, No 2 (2024): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v9i2.92370

Abstract

The research objective underscores the importance of human capital, innovation, and research in fostering sustainable economic growth, with a focus on principal variables such as human capital development (measured by HDI), innovation and competitiveness (driven by FDI inflows), R&D expenditure, and employment dynamics. The research results reveals that FDI, R&D spending, and employment significantly impact TFP growth, with FDI inflows identified as a push driver of TFP growth by enhancing innovation and competitiveness. This research applies the research methodology ARDL model to delve into the factors that influence Total Factor Productivity (TFP), drawing on Romer’s theory of endogenous growth. The research results also highlight the role of R&D expenditure in boosting TFP, emphasizing the need for a supportive environment for research and innovation. The labor force is also found to contribute significantly to TFP. The research further explores the interaction between the labor force and R&D, suggesting the need for policies that support both workforce development and innovation for sustained prosperity. The study also incorporates the concept of employment elasticity with respect to growth as a measure of inclusive development. It concludes by advising stakeholders to prioritize the promotion of FDI inflows, entice R&D spending, and treatise labor force issues to enhance TFP growth and ensure long-term economic prosperity. This underscores the importance of stakeholders’ cooperation in leveraging investments for long-term economic prosperity.

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