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Jejak: Jurnal Ekonomi dan Kebijakan
ISSN : -     EISSN : 24605123     DOI : https://doi.org/10.15294/jejak
Core Subject : Economy,
JEJAK: Jurnal Ekonomi dan Kebijakan is a journal published by Universitas Negeri Semarang-Indonesia who only publish a scientific research in the field of economics science and development studies. This journal also receive all of articles from developing and developed countries.
Articles 9 Documents
Search results for , issue "Vol. 17 No. 1 (2024): March 2024" : 9 Documents clear
Additional Measurement for Financial Inclusion Indexing and its Impact of Economic Growth in Selected ASEAN Countries Wardhono, Adhitya; Yaqin, Misbahol; Indrawati , Yulia; Nasir, M. Abd.; Qori'ah, Ciplis Gema
JEJAK Vol. 17 No. 1 (2024): March 2024
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v17i1.2627

Abstract

Financial inclusion is an important strategy in economic development. This study aims to measure the level of financial inclusion and examine the effect on economic growth in Selected ASEAN Countries. Empirically, the study uses panel data in the form of annual data during the years 2005-2021. Some of the variables used are financial inclusion, GDP, inflation, and unemployment. The method used in this research is Panel Vector Autoregressive (PVAR). The results of the calculation of the financial inclusion index find that Indonesia's financial inclusion is in the middle category, Malaysia is in the high category, Thailand is in the high category and the Philippines is in a low category. IRF results from PVAR analysis show that financial inclusion has a positive influence on economic growth. This indicates that there is a need for incentives to encourage the growth of financial inclusion so that it is expected to accelerate the pace of economic growth.
Analysis of Factors Influenching Economic Growth in Indonesia 2014 - 2018 Setiawan, Dedy
JEJAK Vol. 17 No. 1 (2024): March 2024
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v17i1.3087

Abstract

It is essential to build more equitable economic growth, which reflects the increased role of regions and the empowerment of all people, by focusing on the efficiency and sustainability of the use of natural resources and the living environment. The study explores factors that influence economic growth, such as exports, imports, investments, and labor wages, to identify the most influential aspects in boosting economic growth in Indonesia between 2014 and 2018. This research uses a literature review analysis tool to analyse the factors that influenced economic growth in Indonesia during the 2014–2018 period. By referring to various relevant literature sources, we evaluated and synthesised the main findings related to Indonesia's economic growth during that period. Research results show that exports have a positive impact on economic growth, while imports have no significant impact. Investments also do not have a significant impact on economic growth, while wages have a positive impact on economic growth. Thus, the study shows that exports and labor wages played an important role in Indonesia's economic growth between 2014 and 2018.
Determinants of the poor household decision to own Micro-Small Enterprise (MSEs) Prijanto, Whinarko Juli; Sugiharti, Rr. Retno; Khabibah, Nibras Anny; Astutik, Erni Puji
JEJAK Vol. 17 No. 1 (2024): March 2024
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v17i1.3160

Abstract

Household empowerment is an effort to increase family income, especially for poor households. Entrepreneurial activities in the household are expected to encourage independence and social mobility in poor households. This novel research analysed the decision-making behaviour of households owning a business through the probability function of micro and small business owners in poor households in Magelang City. The study will have implications for the design of policy planning related to poverty alleviation, especially regarding increasing entrepreneurship in poor households. Using the 2019 SUSEE database obtained from the Government of Magelang, this study can be concluded that the higher the age and education of the head of a household the greater the opportunity to decide to own a business. The main factor that encourages poor households to own a business is the ease of access to capital. The research findings show that households that have access to credit are proven to be more motivated to own a business. In addition, the more dominant family members have cell phones, the more likely a household is to own a business. From this research, the policy implications that can be carried out are intensifying and ease of providing business capital for micro-enterprises, providing training and coaching, especially in starting businesses for poor households based on simple technology. Owning MSEs has the potential and opportunity to improve the welfare of poor households through business ownership in the form of micro and small businesses.
Foreign Direct Investment and Economic Growth in Indonesia: Role of Human Capital and Trade Openness Setiyanto, Aris; Fitrady, Ardyanto
JEJAK Vol. 17 No. 1 (2024): March 2024
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v17i1.5581

Abstract

This study examines FDI – economic growth nexus in Indonesia throughout 1970 to 2019. It also focuses on analyzing whether FDI-human capital and FDI-trade openness complement each other to enhance economic growth. Employing the autoregressive distributed lag (ARDL) bound test and fully modified ordinary least square (FMOLS), the study find cointegrated relationship between FDI and economic growth. Specifically, the interaction between FDI and human capital is statistically non-significant to long-term growth. However, interestingly FDI and trade openness complement each other to encourage long-term growth. From the policy perspective, this study supports the improvement of the quality of human capital to enhance the benefits of a foreign presence in the economy and further reforms in the trade sector to enhance long-term growth in Indonesia.
Analyzing Sustainable Development in Indonesia Based on Environmental Kuznet Curve Yanuarti, Wella Amalia; Rachmawati, Lucky
JEJAK Vol. 17 No. 1 (2024): March 2024
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v17i1.5584

Abstract

Sustainable development is long term development with economic, social, and environmental aspects. Development in Indonesia is a trade off in which an increase in income will increase degradasi environemntal. This research use the EKC theory that connects aspects of economic growth to the environment represented by CO2. The VECM analysis technique is used to see the cointegration of short and long term relationships. In the short term it show that GDP, GDP2 has significant effect on CO2, while HDI has no effect. The results of this studi show that EKC curve is rejected in a U-shape so that sustainable development is weak. In the long term GDP, GDP2, and HDI have significat effect on CO2. The result of the show support for the EKC theory with an inverted U-shaped curve in the long run so that sustainable development is strong. It show that Indonesia is a country whose economic growth depends on energy consumption. This study provides an overview of government policies to reduce carbon dioxide gas with a tax holidays for FDI to encourage green industries, encourage renewable energy sources. Within the scope of education provides an environment-based learning curriculum.
Knowledge and Culture-Based Development Policy Scenarios Using the PROMETHEE Method Nizar, Nefo Indra
JEJAK Vol. 17 No. 1 (2024): March 2024
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v17i1.5613

Abstract

Knowledge and culture-based development is carried out by relying on knowledge and cultural resources as development capital. Development policy scenarios are needed to carry out development programs. Some of the development programs outlined in the national development plan are strengthening economic resilience for quality and equitable growth, reducing income inequality and alleviating poverty, as well as increasing competitiveness. The purpose of this study is to determine the priority scale based on economic development policy scenarios on the basis of knowledge and cultural resources in Indonesia. The research method is MCDA decision analysis (Multi-Criteria Decision Analysis) with the PROMETHEE method (Preference Ranking Organization Method for Enrichment Evaluation). PROMETHEE is a sequencing method based on a binary relationship between two or more alternatives. Meanwhile, to calculate the score of each program and development objectives, the primary component analysis technique is used. The data used is secondary data which is mostly sourced from the Central Bureau of Statistics. The results of the research show that the knowledge and culture-based development scenarios based on the sequence are as follows. First, strengthening economic resilience and increasing GRDP per capita. Second, increasing competitiveness, and third is reducing income inequality and the number of the poor.
Analysis of Bed Availability and COVID-19 Deaths Relationship in Jakarta Refina Muthia Sundari; Dartanto, Teguh; Dharmawan, Goldy F.
JEJAK Vol. 17 No. 1 (2024): March 2024
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v17i1.5617

Abstract

The surge in COVID-19 cases that hit Indonesia in May – July 2021 led to a decline in the capacity of the health system. It was reflected by an increase in the national Bed Occupancy Ratio (BOR) percentage of more than 60%, where DKI Jakarta had the highest percentage of BOR among all provinces, reaching 85%. The death rate also soared at 256 deaths per day. The government responded this incident by continuing to increase the bed capacity, so BOR percentage could be decreased in order to preventing a higher death rate. Therefore, this study was conducted to analyze how the impact of increasing bed capacity on deaths from COVID-19. This study estimates 511 time series data using the Ordinary Least Square (OLS) method. As a result, the addition bed capacity had a negative association with COVID-19 deaths. The increase in overall bed capacity, ICU bed capacity, and isolation bed capacity could reduce deaths of COVID-19 by 22.5%, 17.3% and 22.7%, respectively.
Determinants of Spending Efficiency for Education and Health Functions Siti Sriningsih; Haryanto, Tri; Solihin, Achmad
JEJAK Vol. 17 No. 1 (2024): March 2024
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v17i1.5620

Abstract

Government spending on education and health is mandated and regulated by law. The increase in education and health spending makes it necessary to study the analysis of the determinants of the efficiency of education and health expenditures in the districts and cities of the province of West Nusa Tenggara during 2012–2021. The approach used is in two stages. The first efficiency score is obtained by deployment Data Analysis (DEA) analysis, and the second stage is using Tobit to analyze the determinants of efficiency in each expenditure. The results of the first stage show that the average technical efficiency score for education spending is inefficient, while the technical efficiency score for health spending is efficient. Furthermore, for the second stage, the results show that the government's ability to finance development expenditures, population density, income inequality of the population, the ratio of junior high school student teachers, and the ratio of high school student teachers affect the efficiency of spending on the education function. Furthermore, the determinants of the efficiency of health spending based on Tobit's results are population density, income inequality of the population, and the ratio of health workers affecting spending on health functions.
Tourism Industry Performance: The role of local government in West Nusa Tenggara Harsono, Iwan
JEJAK Vol. 17 No. 1 (2024): March 2024
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v17i1.15273

Abstract

Mandalika is located on the south coast of Lombok Island, West Nusa Tenggara (NTB) Province, Indonesia, and is a major tourist destination in this area.  Tourism is one of the drivers of NTB's regional economic growth.  One of the main highlights of Mandalika is hosting the MotoGP racing series. Mandalika International Street Circuit was built in this area and became one of the first MotoGP race tracks in Indo-nesia. The government has an important role in promoting and marketing Mandalika tourist destinations. Through effective promotional campaigns, participation in tour-ism fairs, and cooperation with airlines and travel agencies, the government can increase Mandalika's visibility and attractiveness at national and international levels.  However, some parties feel that the role of the government is still lacking in improving the performance of the tourism industry in the regions. This research was conducted in the Mandalikan tourist area and aims to analyze the role of the government in improving the performance of the tourism industry in the Mandalika tourist area. This study used quantitative methods. The sample in this study was 97 respondents. The results of this study found that the role of the government has improved the perfor-mance of the tourism industry in the Mandalika Area.

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