Economic Development Analysis Journal
Focus and Scope Economic Development Analysis Journal is a scientific journal who published by Department of Economic Development, Faculty of Economics, Universitas Negeri Semarang, Indonesia. this journal published four times per year on February, May, August, and November and start publishing since 2012. The journal scope is related to the research in developing countries such as a development studies, poverty adequate, inequality, unemployment studies, behavioural economics, human development problems and others economics issues. Economics Development Analysis Journal also publish an articles related to the branch of development studies, such as, industry economics, international trade, bank and financial institutions, agriculture economics, financial studies, digital economics, small and medium enterprises, and tourism economics. It also published the study of development policy such as monetary economics, public economics, macro economics, micro economics, and economics policy. Therefore, this journal also received an articles related to spatial studies such as Urban, Regional, Development planning and Rural economics. Base on the scope, Economics Development Analysis Journal welcome a multidicipline articles who related to the economics and development studies.
Articles
10 Documents
Search results for
, issue
"Vol 11 No 4 (2022): Economics Development Analysis Journal"
:
10 Documents
clear
Evidence of Credit Rationing in Indonesia: Income Class and Collateral
Teguh Santoso;
Donny Hardiawan;
Muhammad Faishal Akbar Dwiputra;
Militcyano Samuel Sapulette;
Maman Setiawan
Economics Development Analysis Journal Vol 11 No 4 (2022): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.15294/edaj.v11i4.55287
The purpose of this study is to examine the factors that influence household credit availability in Indonesia. In addition, the likelihood of families obtaining credit will be evaluated. Our study is based on the notion of credit rationing, which is represented by two variables: income classes and collateral. Furthermore, various socioeconomic factors are used as household features to get loans. Banks, non-bank financial institutions, and individuals with interest rates are the three types of credit providers. The probit regression approach is used to analyze micro-level data from SUSENAS years 2017, 2018, and 2019. The model's results show that household access to credit from all credit sources is impacted by income classes, collateral, and other socioeconomic characteristics considered. Furthermore, marginal effect estimation results show that higher-income families are more likely to access loans from banks and non-banks, formal financial firms. Poorer households, on the other hand, are more prone to obtain credit through informal sources. Furthermore, property ownership restricts lower-income individuals' access to bank financing (a proxy of the availability of collateral). These findings hold true throughout all observation periods. Based on this information, we contend that credit rationing occurs in Indonesia. The outcomes of this study indicate that policymakers must build a more inclusive financial system right away.
Impact of Macroprudential Policy on Demand KPR-FLPP
Retno Febriyastuti Widyawati;
Sisti Ujianti;
Ermatry Hariani;
Andi Lopa Ginting
Economics Development Analysis Journal Vol 11 No 4 (2022): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.15294/edaj.v11i4.55675
The need for housing is increasing every year, along with the increase in population. However, the increase in housing reached 11.4 million units is not matched by the availability of housing because there are as many as 1.8 million marriages every year, and they need housing. This results in housing prices getting more expensive every year. Therefore, the government, through macroprudential policies, loosened down payments for house purchases so that there was an increase in housing demand. The purpose is to find out whether the macroprudential policy implemented by BI has an impact on the demand for the KPR-FLPP government program by examining the influence factors of inflation, GRDP, interest rates, and LTV on demand KPR-FLPP (financing housing subsidies to income society low from the government issued by a conventional bank and sharia bank) in East Java Province. This study employed Ordinary Least Squares (OLS) model multiple linear regression and time series from Q1:2010 to Q4:2020 for East Java. The macroeconomic variables applied in this study composed dependent variable is the demand for KPR-FLPP. While the independent variables are inflation, GRDP, interest rates, and LTV, with a dummy variable of 0 before LTV and 1 after the LTV. The study concluded that inflation and GRDP have an important role in the demand for KPR-FLPP. It means that inflation and GRDP raised significantly, causing more demand for KPR-FLPP in East Java. This study is expected to give contribution to East Java Government to policy makers to increase demand for KPR-FLPP in East Java.
Economic Globalization in Asean Countries: A Panel Cointegration Analysis
Kandi Dwi Pratiwi;
Ika Yuni Wulansari
Economics Development Analysis Journal Vol 11 No 4 (2022): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.15294/edaj.v11i4.56323
Economic globalization refers to the increasing interdependence of world economies due to the growing scale of cross-border trade of commodities and services, the flow of international capital and the vast and rapid spread of technologies. The process of economic globalization in improving the economy takes time. ASEAN consists of ten countries and each has different behaviors. The development of economic globalization and the speed in increasing economic openness for each ASEAN country is different, hence the need to analyze the relationship between time and across countries using panel data. Therefore, this study aims to analyse further the effect of economic globalization on ASEAN GDP in the short and long term. It uses ICT, economic freedom, and economic openness (trade openness and financial openness) as proxies of economic globalization. The analysis method is a panel cointegration analysis and Dumitrescu-Hurlin panel causality test. The result shows that GDP growth is significantly influenced by ICT, financial openness, and economic freedom in the long term. This study reveals that economic freedom affects GDP growth positively in the long term. Conversely, ICT and financial openness have drawbacks in the long run. Meanwhile, only ICT and trade openness significantly influence GDP growth in the short term. Finally, this study reveals that economic globalization has different impacts on the economy in the short and long term.
Implementation of Micro Business Productive Assistance Program
Dewi Kumalasari;
Sukidjo Sukidjo
Economics Development Analysis Journal Vol 11 No 4 (2022): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.15294/edaj.v11i4.56921
The Covid-19 pandemic has had an impact on all levels of society. In particular, micro-entrepreneurs have experienced a decline in income and reduced mobility in buying and selling activities. The government provides stimulus assistance, Productive Assistance for Micro Enterprises (BPUM), to reduce this impact. This study aims to analyze the implementation of the Micro Business Productive Assistance (BPUM) Program in Kediri City. The results are achieved by collaborating with each actor who played a role in the action program and individual projects, the resulting outcomes, and analysis of supporting factors and obstacles to implementing the BPUM program in Kediri City based on the Merilee S. Grindle implementation policy model. This study uses qualitative research methods with case study methods. The study's results found that program implementation needs to be improved by understanding and further coordination by program implementers to make it better and more efficient. This research contributes to the excellent collaboration of each actor who plays a role in action programs and individual projects by using implementation policies from Merilee S. Grindle so that microenterprises are more actively seeking information assistance from the government either directly or indirectly. In addition, the government can update the amount of data for micro-entrepreneurs and make backups through a one-door system, so that duplicate data does not occur when registering or submitting assistance.
Dynamic Linkage Among Population, Urbanization, Poverty and Indonesian Economic Growth
Sugeng Hadi Utomo;
Lutfi Asnan Qodri;
Bagus Shandy Narmaditya;
Agus Wibowo
Economics Development Analysis Journal Vol 11 No 4 (2022): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.15294/edaj.v11i4.57130
Indonesia has confronting economic challenges due to many factors such as uncontrolled population and urbanization, among others. It is therefore essential to examine such variables that may take essential roles in determining economic growth. In doing so, this study empirically examines the dynamic linkage between population, urbanization, poverty, and economic growth in Indonesia using a Vector Error Correction Model (VECM) to capture the short and long-term relationship. The research involved data between 2000 and 2020 from the Worldometer and World bank data. The empirical results indicate that the inclination of population growth and urbanization rates have a negative impact on Indonesian economic growth. Conversely, the poverty rate that continues to rise impacts increasing economic growth in Indonesia. This study also concludes that in the long and short run, there are indications of the nexus between the variables of economic growth population growth, urbanization, and poverty level. The research suggests coordination between parties to manage population growth and urbanization with the planning of economic strategies. The government is directed to continually provide censuses to control the urbanization and population among Indonesian
Village Economic Revitalization Through Technology-Based OVOP Approach
Beatrice Nathania;
Sarida Sirait;
Arifin Tua Purba
Economics Development Analysis Journal Vol 11 No 4 (2022): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.15294/edaj.v11i4.58439
The technology-based One Village One Product (OVOP) program is a program that aims to create superior village products through technology-based marketing management. This research uses qualitative analysis and produces a digital marketing application that is ready to be used by users. The stages of the research started from data reduction, data display, verification/drawing conclusions. Data design is done by making computer-based software. The software used in the application development process is XAMPP Control Panel for database management and website configuration, PhP MyAdmin to handle MySQL administration, Visual Studio Code as source-code editor in programming languages. Qualitative analysis is used to analyze technology-based applications OVOP approach in Horsik Village and the follow-up is to build digital marketing applications according to village needs. The samples and data sources for this research were village officials, farmer groups, village communities, and all parties who became data sources. The results of this study explain that the application of technology-based OVOP is very appropriate and feasible in Horsik Village. The author has re-verified the research results and conducted trials and training regarding the use of the application. The conclusion from this study is that the application of technology-based OVOP in Horsik Village has a very high chance of succeeding and improving the village economy through increasing sales of the village's superior products. The collaboration of the government, village officials, farmer groups and institutions through the results of this research will facilitate the revitalization of Horsik Village into a productive tourism village
Does Rapid Urbanization Drive Deforestation? Evidence From Southeast Asia
Mohamad Egi Destiartono;
Djoni Hartono
Economics Development Analysis Journal Vol 11 No 4 (2022): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.15294/edaj.v11i4.58870
The issue of rapid deforestation is still ongoing in Southeast Asia. Urbanization boosts demand for land and processed food which can generate environmental degradation. This article intends to present the resuls of an investigation to the nexus between urbanization and deforestation in Southeast Asia from 1996 to 2020 as well as control economic and demographic factors. The data were collected from World Development Indicators and Our World in Data. The Pooled Mean Group (PMG) estimation and Dumitrescu-Hurlin (DH) were applied to examine the short- and long-run effect and the direction of causality variables. The co-integration test has confirmed that the long-run relationship was evident. The results supported the Ecological Modernization Theory (EMT) hypothesis that the relationship between urbanization and deforestation is non-linear, following an inverted U-shape. A turning point occured when the urbanization level reached 64.76%, i.e., the upper-acceleration stage. Rural-urban migration and urban population growth will continue to drive forest loss since Southeast Asia was dominated by low-level urbanization countries. Only Brunei and Malaysia surpassed the threshold of 64.76%. In addition, there is a bidirectional causality relationship between deforestation and urbanization. Strong integration between urban development policies and forest governance is required to reduce the damaging impact of urbanization on forest resources.
Does Village Fund Have an Impact Toward Economic Growth?
Muhammad Fazri;
A. Risdawati Alwi Paluseri;
Adelia Oktarina;
Dian Karinawati Imron;
Febrina Elia Nababan;
Cita Pertiwi;
Marthella Rivera Roidatua;
Yulya Aryani
Economics Development Analysis Journal Vol 11 No 4 (2022): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.15294/edaj.v11i4.60240
Indonesia Village Fund policy aims to foster local democracy and rural development through direct funds allocation. During the last seven years (2015-2022), the government has provided Village Fund 400,1 trillion rupiahs (278,3 billion dollars) and continues to increase every year. Numerous studies discover the Village Fund impact on economic conditions but are limited to village scale. This study intends to analyze the impact of the Village Fund on a macro scale, point on the economic growth of a region, specifically on disadvantaged regions. The study conducted through quantitative methods used the panel data approach. The data covers 416 districts from 2015 to 2019. The result shows that the Village Fund has a significant effect, but the value of the effect on GDPR (Gross Domestic Product of Region) is lower than other variables. The effect of Village Fund in disadvantaged regions is greater than in non-disadvantaged regions, which indicates growth acceleration in disadvantaged regions.
Financial Performance Effect on Economic Growth in Special Autonomy Province
Suryaningsih Suryaningsih;
Deky Aji Suseno
Economics Development Analysis Journal Vol 11 No 4 (2022): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.15294/edaj.v11i4.60448
Seeing the ability of the region in carrying out Regional Autonomy, one of which can be measured through regional financial performance. The low financial performance in the provinces of Aceh and Papua has led to unstable and volatile economic growth. The instability of economic growth in Aceh Province will trigger economic and social problems. The purpose of this study was to analyze the effect of financial performance consisting of independence ratios, effectiveness ratios, efficiency ratios, and PAD growth on the economic growth of special autonomy regions through capital expenditures using panel data path analysis. This research method uses path analysis method with panel data sourced from the Ministry of Finance DJPK from 2007 to 2021. The results showed that the independence ratio, effectiveness ratio, efficiency ratio, and PAD growth had a positive effect on the economic growth of special autonomy regions through capital expenditures. Capital expenditures for special autonomy provinces have a positive and significant impact on economic growth. The independence ratio, effectiveness ratio, efficiency ratio, and PAD growth of special autonomy provinces have a positive and significant influence on economic growth through capital expenditures.
The Empowerment of Red Onion Farmers in Increasing Multiplier Effect of Income
Catur Prabowo;
Sucihatiningsih Dian Wisika Prajanti;
Dwi Cahyaningdyah
Economics Development Analysis Journal Vol 11 No 4 (2022): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.15294/edaj.v11i4.61348
The problem in this study is that many red onion farmers in Brebes Regency are still not prosperous because the red onion farming that is being carried out is still inefficient, so they cannot provide optimal results. This study aims to analyze the efficiency level of red onion farming in the Brebes Regency and formulate strategic priorities for improving the welfare of red onion farmers in the Brebes Regency. The analytical method in this study is a mixed method between quantitative descriptive, namely the Cobb - Douglas production function with a stochastic frontier approach. The second analysis technique used is Analytical Hierarchy Process (AHP). The result shows that the average value of the technical efficiency of red onion farming is 0.718. Reducing the use of production factors in red onion farming can be done by reducing the use of production factors of NPK fertilizers and pesticides. The calculation result of the price efficiency of the production factor used is still more than 1, which is 46.60. The result obtained from the calculation of economic efficiency for red onion farming in the Brebes Subdistrict is 33.45. The calculation result of the economic efficiency is more than 1, meaning that red onion farming in Brebes Subdistrict is not yet economically efficient. The most prioritized criterion in empowering red onion farmers in Brebes Regency is government policy, with a weight value of 33.3%. The most prioritized alternative in the Shallot Farmer Empowerment Strategy in Brebes Regency is the policy support for determining the cost of goods sold with a weight value of 17.4%.