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INDONESIA
Law and Economics
Published by Institute for Law and Economics Studies
ISSN : 18296688     EISSN : 30261929     DOI : -
Core Subject : Economy, Humanities, Science, Social,
Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Social Sciences
The Law and Economics is an interdisciplinary Publication. It seeks to promote an understanding of many complex phenomena by examining such matters from a combined law, economics, and organization perspective (or a two-way combination thereof). In this connection, we use the term organization broadly - to include scholarship drawing on political science, psychology and sociology, among other fields. It also holds the study of institutions - especially economic, legal, and political institutions - to be specifically important and greatly in need of careful analytic study.
Arjuna Subject : Ilmu Sosial - Hukum
Articles 86 Documents
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Regulating Sharia Financial Transactions: The Role of the Indonesian Ulema Council (MUI) and Implications for Islamic Finance in Indonesia Muhammad Rais; Harya Pramata
Law and Economics Vol. 18 No. 1 (2024): February: Law and Economics
Publisher : Institute for Law and Economics Studies

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This research examines the role of the Indonesian Ulema Council (MUI) in regulating Sharia financial transactions in Indonesia. The MUI, an independent Islamic advisory body, plays a pivotal role in shaping the regulatory framework for Sharia financial transactions through its issuance of fatwas (religious edicts) and guidelines. The research employs a mixed-methods approach, utilizing both qualitative and quantitative methods, to provide a comprehensive understanding of the MUI's regulatory role. Qualitative methods, such as interviews and document analysis, are used to explore stakeholders' perspectives and the practical application of the MUI's regulatory measures. Quantitative methods, including surveys and data analysis, provide statistical evidence and broader trends, complementing the qualitative findings. The integration of qualitative and quantitative data allows for a nuanced understanding of the MUI's regulatory role and its implications for the Sharia finance industry in Indonesia. The research findings highlight the crucial role played by the MUI in shaping the regulatory framework for Sharia financial transactions. The MUI's fatwas and guidelines provide clarity and direction to financial institutions and businesses, ensuring that they adhere to Sharia principles and ethical standards. The research also underscores the importance of the MUI's collaboration with governmental and regulatory bodies in developing and refining policies and regulations governing Islamic finance.
Analyzing Halal Certification Processes, Consumer Behavior, and Regula-tory Landscape in Batam City, Indonesia Thomas Christian Parray; Hamid Husein Mokhtar
Law and Economics Vol. 18 No. 1 (2024): February: Law and Economics
Publisher : Institute for Law and Economics Studies

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This research aims to provide a comprehensive analysis of halal certification processes, consumer perceptions, and the regulatory landscape in Batam City, Indonesia. The study employs a mixed-methods approach, combining both quantitative and qualitative techniques to achieve a comprehensive understanding of the research objectives. The research design encompasses both primary and secondary data collection methods, including a survey questionnaire, in-depth interviews, and documentary analysis. The findings reveal several key insights, including positive consumer perceptions towards halal certification, challenges faced by businesses in obtaining and maintaining certification, and the fragmented nature of the regulatory landscape.
Decentralization and Regional Economic Growth in Indonesia: An Analysis of Governance and Fiscal Decentralization Roberts Maharjan
Law and Economics Vol. 18 No. 1 (2024): February: Law and Economics
Publisher : Institute for Law and Economics Studies

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This research paper examines the factors that drive regional economic growth in Indonesia's era of decentralization. Drawing on a mixed-methods approach, the study combines quantitative analysis of secondary data with qualitative insights from interviews and focus groups. The research aims to provide a comprehensive analysis of the factors influencing regional economic growth and to inform policy-making efforts aimed at promoting inclusive and sustainable development across all regions of Indonesia. The findings suggest that governance, fiscal decentralization, natural resource management, infrastructure, and human capital development are critical drivers of regional economic growth. Decentralization has empowered local governments to make decisions that are more responsive to the needs of their constituents, leading to improvements in service delivery and overall economic development. Fiscal decentralization has enabled regions to mobilize resources and invest in infrastructure and human capital, contributing to higher levels of economic growth.
Identification of Superior Plantation Commodities for Economic Growth in Musi Banyuasin (Muba) Regency, South Sumatra Thomas Christofora Gunarto; Lady Christina
Law and Economics Vol. 18 No. 1 (2024): February: Law and Economics
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The research on the identification of superior plantation commodities for economic growth in Musi Banyuasin (Muba) Regency, South Sumatra, provides insights into the economic, social, and environmental dimensions of the plantation sector in the region. Through a mixed-methods approach, this research explores the current state of the plantation industry, emerging opportunities, challenges, and criteria for identifying superior commodities. The findings of the research highlight palm oil and rubber as dominant commodities in Muba Regency, with established supply chains, market demand, and government support. These commodities have high economic potential but face challenges related to land availability, environmental concerns, and labor issues. Coffee and spices are identified as emerging commodities with growing demand in domestic and international markets. These commodities offer opportunities for value addition and differentiation but require investments in processing and marketing infrastructure. The research underscores the importance of diversifying the plantation sector to promote sustainable and inclusive economic growth. Addressing challenges related to land availability, environmental concerns, labor issues, market access, access to finance and technology, competition, and policy and regulatory constraints is crucial for unlocking the full economic potential of the plantation sector.
The Economic Impact of Hospitality Sector Tax Contributions on Genuine Regional Income: A Case Study of Karo District Della Puspita Purba; Reza Faujan Zalmi; Rio Pranata Sinaga
Law and Economics Vol. 18 No. 1 (2024): February: Law and Economics
Publisher : Institute for Law and Economics Studies

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The hospitality sector in Karo District, North Sumatra, Indonesia, plays a pivotal role in driving economic growth, creating employment opportunities, and contributing to the genuine regional income. This research aims to analyze the economic impact of hotel and restaurant tax contributions to genuine regional income in Karo District, exploring the implications for economic development, fiscal policy, and community welfare. The research design for this study is primarily exploratory and descriptive, employing a mixed-methods approach combining quantitative analysis of tax revenue data with qualitative insights from interviews, surveys, and case studies. Data will be collected from government sources, including local tax records, financial reports, and economic indicators, supplemented by secondary data sources such as government publications, academic journals, and industry reports. Quantitative analysis will involve statistical methods to identify patterns, trends, and correlations between tax revenues, economic indicators, and regional income. Qualitative analysis will involve thematic analysis of stakeholder perspectives, challenges, and opportunities related to hotel and restaurant taxation. The findings of this research will contribute to the existing literature on the economic impact of hotel and restaurant taxes, providing valuable insights into the role of the hospitality sector in driving economic development and community welfare.
Assessing the Effectiveness of Indonesia's Criminal Justice System in Combatting Corruption: A Juridical Analysis Efendi, Razif Arfan; Sukasih, Arfianita
Law and Economics Vol. 18 No. 2 (2024): June: Law and Economics
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This research conducts a comprehensive juridical analysis of Indonesia's criminal justice system concerning perpetrators of corruption crimes. The study evaluates the effectiveness of the existing legal framework, enforcement mechanisms, and outcomes in deterring and punishing corruption within the country. Utilizing qualitative research methods, including legal document analysis, case studies, and comparative analysis with anti-corruption measures in other countries, the research identifies strengths, weaknesses, and challenges within Indonesia's anti-corruption framework. Findings reveal that Indonesia possesses a robust legal framework for combating corruption, characterized by stringent penalties and specialized anti-corruption institutions such as the Corruption Eradication Commission (KPK) and specialized corruption courts (Tipikor). However, the effectiveness of this framework is compromised by resource constraints, political interference, legal loopholes, and institutional corruption. Despite successes in prosecuting high-profile cases and recovering assets, disparities in sentencing outcomes and conviction rates persist, reflecting systemic challenges within the criminal justice system. The research concludes by proposing recommendations to strengthen Indonesia's anti-corruption efforts, including enhancing institutional independence, allocating adequate resources, closing legal gaps, fostering transparency and accountability, and promoting public engagement and integrity.
Understanding Human-Wildlife Interactions in Urban Environments: Im-plications for Conflicts, Disease Transmission, and Conservation Ramadhan, Adam Lutfi
Law and Economics Vol. 18 No. 2 (2024): June: Law and Economics
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This research examines the effects of increased human-wildlife interactions on urban environments, focusing on the dynamics of conflicts and disease transmission. As urbanization continues to encroach upon natural habitats, interactions between humans and wildlife are becoming more frequent and complex, presenting challenges for urban planning, conservation, and public health. Through a comprehensive review of literature and case studies, this study identifies key challenges and limitations associated with managing human-wildlife interactions and proposes strategies to address them effectively. The research highlights the ecological, social, economic, and governance dimensions of human-wildlife interactions, emphasizing the need for interdisciplinary approaches that integrate ecological, social, and economic perspectives. Key findings include the importance of collaborative governance, adaptive management, community engagement, investment in research and monitoring, policy innovation, and public education in addressing human-wildlife interactions. This research contributes to a better understanding of the implications of human-wildlife interactions for urban planning and conservation, providing insights and recommendations for sustainable coexistence between humans and wildlife in urban environments.
Utilization of Organic Waste in Compost Fertilizer Production: Implications for Sustainable Agriculture and Nutrient Management Bremaghani , Ade
Law and Economics Vol. 18 No. 2 (2024): June: Law and Economics
Publisher : Institute for Law and Economics Studies

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This research explores the utilization of organic waste in compost fertilizer production, aiming to elucidate its implications for sustainable agriculture, organic waste management, and environmental stewardship. Through a comprehensive analysis of compost quality indicators, microbial dynamics, and nutrient management strategies, the study investigates the efficacy, feasibility, and implications of integrating organic waste into composting processes. Key findings reveal significant variations in nutrient content, pH levels, maturity, and microbial activity among compost samples derived from diverse organic waste feedstocks. The nutrient-rich composition, pH stability, and biologically active nature of compost fertilizer offer promising alternatives to conventional chemical fertilizers, with implications for soil health improvement, crop productivity enhancement, and environmental sustainability. Moreover, the research underscores broader implications for waste management practices, circular economy principles, and agroecological resilience. By valorizing organic waste through composting, stakeholders can contribute to waste diversion, greenhouse gas mitigation, and resource conservation, while promoting community engagement and economic development. The integration of composting practices with sustainable agriculture initiatives offers synergistic opportunities for enhancing ecosystem services, climate resilience, and food security.
Comparative Anatomy of Roots and Leaves in Epiphytic and Terrestrial Orchids: Insights into Adaptations and Ecological Strategies Mawinei, Naiya; Paramitha, Qeva
Law and Economics Vol. 18 No. 2 (2024): June: Law and Economics
Publisher : Institute for Law and Economics Studies

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Orchids are renowned for their exquisite beauty and remarkable diversity, with over 25,000 species distributed across a wide range of habitats worldwide. Understanding the anatomical adaptations of orchids to different environmental conditions is crucial for elucidating their ecological and evolutionary strategies. In this study, we conducted a comparative analysis of orchid anatomy, focusing on roots and leaves in epiphytic and terrestrial species. Through meticulous examination and comparison of anatomical features, we revealed distinctive morphological differences that reflect the adaptive responses of orchids to their respective habitats. Epiphytic orchids exhibited specialized root structures such as the velamen and succulent leaves, optimizing water absorption and photosynthesis in the canopy. In contrast, terrestrial orchids displayed extensive root systems and broad leaves, enhancing nutrient uptake and light capture in shaded environments. These findings provide valuable insights into the ecological dynamics and evolutionary history of orchids, highlighting their significance as model organisms for studying plant adaptation and biodiversity conservation. By leveraging insights from orchid research, we can develop targeted conservation strategies to protect these iconic plants and their ecosystems in the face of environmental change and human activities.
The Impact of Tempe Wastewater on the Anatomical Structure and β-Carotene Content of Water Spinach (Ipomoea aquatica Forsk) Fardiaz, Mohammad; Rasyid, Benjamin Rade
Law and Economics Vol. 18 No. 2 (2024): June: Law and Economics
Publisher : Institute for Law and Economics Studies

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This study explores the impact of tempe wastewater on the anatomical structure and β-carotene content of water spinach (Ipomoea aquatica Forsk.), aiming to evaluate the potential benefits of utilizing nutrient-rich wastewater in agricultural practices. Water spinach plants were irrigated with varying concentrations of tempe wastewater and compared to control plants irrigated with freshwater. Anatomical analysis revealed significant changes in treated plants, including increased leaf thickness, higher stomatal density, enhanced stem diameter, and more extensive root branching, indicating improved plant growth and nutrient uptake capabilities. High-Performance Liquid Chromatography (HPLC) analysis showed that the average β-carotene content in treated water spinach was 52.5 µg/g, significantly higher than the 46.1 µg/g observed in control plants. These findings suggest that tempe wastewater enhances both the anatomical structure and nutritional quality of water spinach. The study concludes that tempe wastewater can be a sustainable irrigation source, offering environmental benefits and improved crop nutrition.

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