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.
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Relationship of Macroeconomics Variables in Indonesia Using Vector Error Correction Model
Meilina Retno Hapsari;
Suci Astutik;
Loekito Adi Soehono
Economics Development Analysis Journal Vol 9 No 4 (2020): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
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DOI: 10.15294/edaj.v9i4.38662
This study aims to analyze the relationship between macroeconomic variables in Indonesia, namely GDP with money supply, exchange rate of rupiah to US Dollar, exports, imports and interest rates. The background problem is to analyze the best method to influence government targets or policies on economic growth by studying the relationship of macroeconomic variables. Previous studies analyzing the relationship between macroeconomic variables in Indonesia have used multiple linear regression analysis. Using VECM analysis we can find out the short-term and long-term effects on the relationship between macroeconomic variables in Indonesia. The analysis used in this study is the Vector Error Correction Model with Maximum Likelihood estimation. Based on the result, the cointegration test found that there is a long-term relationship. Based on the VECM model (3), in the short term there is a relationship between macroeconomic variables and in the long run there is a long-term causality relationship in the GDP and export models. It is expected that the Government and the Central Bank will work together cooperatively in making policies to keep control of the money supply, exchange rate of rupiah to US Dollar and interest rates to enable to stimulate the economy.
Supply of Consumer Goods, Per Capita Consumption due to Covid-19 Pandemic
I Wayan Widnyana;
Sapta Rini Widyawati
Economics Development Analysis Journal Vol 9 No 4 (2020): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
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DOI: 10.15294/edaj.v9i4.38690
The Covid-19 pandemic that is happening now is affecting the economy. This study aims to examine changes in the supply of consumer goods to Bali from outside Bali in the Indonesian territory and changes in the per capita consumption of the Balinese population, due to the Covid-19 pandemic. Two events were observed, namely the first event was the announcement of the first positive case of Covid-19 in Indonesia, and the 2nd event was the determination of the status of a national disaster by the Indonesian government. Data analysis was performed using a different test with the SPSS v.23 program. The results of the analysis found that there was a difference in the supply of consumer goods to Bali from outside Bali and the per capita consumption of the Balinese population in the first and 2nd events. The supply of consumer goods and per capita consumption decreased significantly after the announcement of the first positive case of Covid-19 and then further decreased after the Indonesian government declared a national disaster status. The determination of the status of a national disaster has a greater impact on reducing the per capita consumption of the Balinese population than the announcement of the first Covid-19 patient. As a result of Covid-19, it is hoped that the Bali Provincial Government needs to make policy breakthroughs to encourage the fulfillment of consumer goods needs in Bali independently so that they do not always depend on supplies from outside Bali. The Covid-19 pandemic has reduced people's income and reduced buying power, thus demanding people to be smarter in managing finances, including adjusting consumption patterns according to the priority scale of needs.
Analysis of The Relationship among Macroeconomics, Monetary and Income Inequality
Abdulrahman Taresh A.;
Dyah Wulan Sari;
Rudi Purwono
Economics Development Analysis Journal Vol 9 No 4 (2020): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
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DOI: 10.15294/edaj.v9i4.38946
Income inequality in Indonesia remains a controversial issue in the context of Indonesian macroeconomic condition that is evolving in output and government spending, and its increase in consumption accompanied by inflation and slowing of bank credit. The purpose of this study is to investigate the relationship among macroeconomics, monetary and income inequality through a broad theoretical model by adopting a panel Structural Vector Auto-regression (SVAR) model to get more sample size during the period 2005-2018 at 33 provinces in Indonesia. The main results indicate that the variables of output and inflation have positive relationships. The relationship between output and income inequality is also significantly correlated, and those results supported by Kuznets's theory reveal that the relationship between economic growth and income inequality is positive in the short term. The relationship between inflation and income inequality is positive as well in Indonesia. This result is by the fact that low-income families are considered more vulnerable to inflation. The impact of non-food consumption shocks increases income inequality, while Indonesian government spending and bank credit shocks reduce income inequality. Then the response of savings and bank credit to the shock of income inequality is positive.
Understanding Causality Relation among FDI, Foreign Trade and Economic Growth
Saimul Saimul;
Arif Darmawan
Economics Development Analysis Journal Vol 9 No 4 (2020): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
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DOI: 10.15294/edaj.v9i4.39044
This study aims to analyze the causality relationship between Foreign Direct Investment (FDI), Foreign Trade, and Economic Growth in Indonesia using quarterly time-series data from Q1-2004 to Q2-2019. This study uses co-analytical techniques, VECM integration, and Engle-Granger causality. The results of a two-way causality test happen between export and GDP variables, as well as import and GDP variables. In other words, foreign trade has an essential role in increasing economic growth in Indonesia. However, the two-way causality relationship takes place only in the short term. In the long run, it does not occur; what happens in the long term is an only one-way relationship, namely from foreign trade (X and M) to economic growth. While export and import relations have an only one-way relationship, namely from import growth to export growth, and this relationship only happens in the short term. In contrast, in the long term, it has no significant relationship. Likewise, the one-way relationship also takes place from imports to FDI in the short term. At the same time, export variables and GDP variables do not have a significant relationship with FDI variables. In the long-term economic growth, it turns out to be very instrumental in increasing both FDI, exports, and imports.
An Analysis of The Sustainable Fishing Land Conservation Policy
nasikh nasikh
Economics Development Analysis Journal Vol 9 No 4 (2020): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
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DOI: 10.15294/edaj.v9i4.39200
In order to implement the food sustainability and sovereignt, the sustainable fishing development has to be carried out. The research problem is how to analyze to sustain land conservation after the implementation of the Law number 23 in 2014 Pasuruan Regency, East Java, Indonesia. The specific aims of this analysis is to identify the implementation of the sustainable land conservation after the implementation of the Law number 23 in 2014 about the regional government, to identify the obstacle in the implementation of the policy, to identify the stabilizer of the implementation of the policy, and to propose recommendation of the policy strategy to be carried out by the regional government of Pasuruan, This study employs qualitative descriptive approach. The respondent of this study comes from farmer’s, in which Pasuruan regency is represented by respondents of SKPD (Satuan Kerja Perangkat Daerah or Regional Work Unit) from Regional Development Planning Agency (henceforth Bappeda). The research finding shows that Overall, the implementation of the lahan pangan berkelanjutan or the Sustainable Food Land (henceforth LPB) has complied with the Law number 1 2011 despite the planning and decision of LPB in RTRW (spatial planning), the obstacle in LPB is the absence of regional regulation, the model of strategic policy; the regencies synergistically coordinate with each other, encouraging the development of pond reserve as well as the role of private sector and society, and the synchronization of the state budget and the regional government budget, and all regional governments have to protect all LPB areas complying with the Law number 1 2011 and its derivation, and the strategy to improve the welfare of the farmer is related to the instruments which have the lowest force intensity, namely market instrument, family and community, and voluntary organizations.
Analysis The Use of Electronic Money in Indonesia
Mifta Qoirun Nisa Arifin;
Shanty Oktavilia
Economics Development Analysis Journal Vol 9 No 4 (2020): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
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DOI: 10.15294/edaj.v9i4.39934
E-money is an innovation of payment methods. A transaction using electronic money has more advantages than using cash. These advantages make electronic money transactions keep increasing. Currently, the increment of electronic money transactions didn’t follow by a reduction in the amount of money in circulation. This study aims to analyze the effect of macro instruments such as Gross Domestic Product, money supply (M1), inflation, and BI Rate on e-money transactions. This study focuses more on server-based electronic money and cash-substitution capabilities. This research uses quantitative methods using time-series data from January 2009 to December 2019, and the Error Correction Model Engle-Granger was employed. The results of the study show that the GDP variable in a short-run has an insignificant negative effect, while in a long-run has a positive effect, it is also significant on e-money transaction in Indonesia. The M1 variable in the short-run has an insignificant negative effect, while in the long-run, it has a significant negative effect on e-money in Indonesia. Inflation variables in both the short and long-run have an insignificant positive effect on e-money in Indonesia. The variable BI rate in the short and long-run have an insignificant negative effect on e-money in Indonesia.
What Determines Households Willingness to Pay for Clean Water?
Muazzinah Muazzinah;
M. Shabri Abd. Majid;
Putri Bintusy Syathi
Economics Development Analysis Journal Vol 9 No 4 (2020): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
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DOI: 10.15294/edaj.v9i4.39988
This study aims to measure the households' Willingness to Pay (WTP) for clean water in Aceh Besar Regency and its determinants (i.e., income, education, family size, gender, and age). Of 16,164 households who have no access to clean water across seven sub-districts in the Aceh Besar region, 154 of them were selected as the sample of the study using a multi-stage random sampling technique. To measure the households' WTP for clean water and its determinants, this study uses the contingent valuation and multiple regression techniques. The study recorded that the average households' WTP for clean water was IDR444,123.38 per month. Based on multiple regression model, except for the variables of gender and age that have insignificant effect, the level of income, education, and family size were found to affect the households' WTP for clean water positively. These findings imply that to enhance households' WTP for clean water, the government should prioritize the rural-based economic, education, and family planning programs. Providing a more clean water distribution, followed by improving water and services quality at affordable prices would help the government to realize 100% access to clean water for all citizens in accordance with one of the SDGs' pillars.
Factors That Influence Water Demand in Special Region Yogyakarta
Auladina Rizqina;
Deky Aji Suseno
Economics Development Analysis Journal Vol 9 No 4 (2020): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
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DOI: 10.15294/edaj.v9i4.40054
The demand for water in Special Region Yogyakarta, which is increasing every year, is not matched by the quality and effectiveness of water production. The distribution of PDAM water is uneven in every region in the Special Province of Yogyakarta. The purpose of this study is to determine the effect of water prices, the number of hotels, the number of industries, and the GRDP per capita of the population, also, in order to determine the effect of employee retribution and operational costs of the PDAM on PDAM water prices. The study uses secondary data analysis technique used is descriptive statistical analysis and SEM structural modeling analysis. The results showed that the number of employees had a significant positive effect on remuneration for PDAM employees. Reply to PDAM employee services and PDAM operational costs affect water prices. At the same time, the price of PDAM water and GDRP per capita of the population has a significant positive effect on PDAM water demand. The number of hotels and industries that subscribe to water in PDAMs has a significant negative effect on water demand.
Targeting and Impact of National Health Insurance Program in Indonesia
galih putri yunistria
Economics Development Analysis Journal Vol 9 No 4 (2020): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
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DOI: 10.15294/edaj.v9i4.40369
National Health Insurance System (NHIS) program in Indonesia has been launched since 2014,and government spending to support the program has allocated nearly 40% of MoH budget,especially for the NHIS subsidies. This study examined the distribution of NHIS subsidizedbeneficiaries which associated with the household income distribution, and also studied about theutilization rate of health care facilities among the residents since the NHIS program has introducedto change citizens’ health seeking behaviour from traditional services to health facilities. Using the2016 Susenas data, this study employed the benefit incidence analysis method to measure thedistribution of NHIS-subsidized group, and logistic regression analysis to determine the health careseeking behavior. The result shows that households in higher income (quantile III-V) get benefitfrom government subsidy on NHIS program. It indicated there was a leakage on governmentbudget that not belong to the target (quantile I and II). Then, logistic regression analysis found thatpeople with higher income and having health insurance tend to visit health care facilities morefrequently than lower income group and uninsured people. This can be concluded that healthinsurance ownership is one of the important factors to influence people visiting health carefacilities.
Analysis of Gender Inequality in Poverty Reduction Program
Walid Walid;
Bayu Rizky Pratama
Economics Development Analysis Journal Vol 9 No 4 (2020): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia
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DOI: 10.15294/edaj.v9i4.41950
This study will focus on developing research in descriptive and inferential analysis of gender equality in poverty alleviation in the province of Central Java. This analysis is expected to provide input for advocacy on poverty alleviation programs, look at gender equality factors, provide input for monitoring the implementation of poverty alleviation programs, especially in Central Java, which can be used as a reference in national level policy making. This type of research uses a combination of descriptive and inferential research that uses secondary data from BPS and other sources. The technique used in collecting data in this study is the documentation study conducted by collecting secondary data, recording and processing data related to this research. The data analysis technique used is the panel data regression model and correlation analysis. The result obtained is that poverty alleviation programs in Central Java still contain the influence of gender disparity. The gender gap referred to is contained in the variables IPG, IDG, HDI, TKWP and SPP whose influence and relationship with poverty levels in Central Java in the past five years.