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JEJAK
Published by Universitas Negeri Semarang
ISSN : 1979715X     EISSN : 24605123     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
JEJAK: Jurnal Ekonomi dan Kebijakan p-ISSN 1979-715X | e-ISSN 2460-5123 is a scientific journal that contains the results of research and theoretical studies in the field of economic development, especially on matters of economic policy in Indonesia was published by the Department of Economic Development, Faculty of Economics, Semarang State University and Indonesian Economics Bachelor Society.
Arjuna Subject : -
Articles 860 Documents
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The Investment of Upstream Oil and Gas in Indonesia Muarofah, Siti; Falianty, Telisa Aulia
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 13, No 1 (2020): March 2020
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v13i1.23248

Abstract

Direct investment is expected to be a source of financing for the current account deficit in Indonesia's Balance of Payments. One of the contributors to the current account deficit is the oil and gas trade balance. Therefore, this study will focus on direct investment in the upstream oil and gas sector. This study will examine the impact of implementing regulations related to restrictions on costs that can be claimed to the government and economic factors that include prices and costs per unit of oil and gas on the upstream oil and gas investment. The study was conducted using micro data from 33 oil and gas companies in Indonesia, with a data period 2005-2018. The analysis model used is panel data regression. Empirical results show that the implementation of regulation as well as price per unit (lag-2) have a significant and positive correlation to the upstream oil and gas investment. While operational cost per unit (lag-2) have a significant effect with a negative correlation after the implementation of the regulation.
How Government Spending on Public Sector Affect The Economic Growth? Ambya, Ambya
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 13, No 1 (2020): March 2020
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v13i1.21943

Abstract

Fiscal decentralization is an effort to reform governance so that it has a more effective and efficient structure so that it can improve services to the community. Efforts to achieve these goals are largely determined by the availability of human resources, natural resources, and other economic potential. The formation of New Autonomous Regions (NAR) grew rapidly, but on the other hand local governments were unable to fund development activities independently but were dependent on balance funds. The objective to be achieved is to analyze the effect of regional government spending on education, health, and infrastructure, as well as other variables namely labor on the economic growth of new autonomous regions in Indonesia. The analysis model used is panel data regression. The results of the study prove that local government spending in real per capita education, real health (lag-1) per capita, and real per capita infrastructure, and the number of workers have a positive and significant effect on economic growth. Economic growth that occurs in the district is not different from the city, so also in the base sector is mostly no different except the mining and quarrying sector.
Value Chain Analysis on Handmade Batik Products Sari, Suzanna Ratih; Arifan, Fahmi; Triyono, Triyono; Niswah, Ulfatun
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 13, No 1 (2020): March 2020
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v13i1.21771

Abstract

Since the recognition of batik by UNESCO, the batik market has expanded throughout the world. This is marked by the increase in the value of batik exports to various countries. In the midst of increasingly fierce trade competition, industries are demanded to be capable and have high competitiveness. Although batik is considered as one of the strategic industries, in terms of development, batik still faces several problems both internally and externally. The purpose of this research is to discuss about the solution to develop batik in Cibelok Village, Pemalang Regency by analyzing the value chain so that it increases the selling value of written batik. This study used a value chain analysis approach, Competitiveness Diamond, and Critical Success Factor Value. Based on the results of the analysis, it was found that the profit generated per onefabric production is Rp74,700. Increasing profit margins can be done by considering the role of several activities in the batik business process. The activities to consider are operations, followed by marketing and sales, as well as inbound logistics. In addition, product quality and innovation in batik patterns are needed in an effort to increase sales.
The Reluctance Phenomenon of Islamic Banks to Offer Profit-Loss Sharing Financing Sabrina, Sabrina; Majid, M. Shabri Abd
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 13, No 2 (2020): September 2020
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v13i2.23891

Abstract

This study contributes to the existing literature on the phenomenon of lower valume of Profit-Loss Sharing (PLS)-based products offered by Islamic banks by comprehensively discussing and analyzing the issue from the internal, external, and regulation perspectives, taking the case of PT. Bank Aceh Syariah (BAS) in Indonesia. Using a grounded theory approach, this study interviews selected informants who are knowledgeable in Islamic economics, banking, and financial theories and practices, including experts, practitioners, customers, and regulators. Viewed from three aspects, namely: internal, external, and regulation, the study found that, from the internal aspect, the problem of the low volume of PLS-based financing products is caused by six factors, namely: high risk, lack of quality and quantity of human resources, complicated handling, lack of banking product innovation, asymmetric information, and lack of socialization. Meanwhile, from the external aspects, it is caused by three factors, namely: moral hazard, lack of community's knowledge of Islamic banking products, and low demand. Finally, from the aspect of the regulation, it is caused by a lack of supportive regulation. By tackling these issues, it is believed that the Islamic bank could offer more PLS-based products that finally contribute to the prosperity of the public.
Corruption and Economic Growth in West Africa Ighodaro, Clement Atewe; Igbinedion, Sunday Osahon
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 13, No 2 (2020): September 2020
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v13i2.24228

Abstract

The level of corruption in West Africa has become very worrisome based on the data from the corruption perception index of transparency international. Corruption may subvert due process; reduce accountability; lead to unequal distribution of goods and services and limit the reliance of the masses on government. The objective of the paper was to examine the link between corruption and economic growth in West Africa. Data used span from 2000 to 2018 with a cross section of fifteen West Africa countries and the use of panel fully modified ordinary least squares. With the use of the Im, Pesaran, and Shin stationarity which allows for heterogeneous version of the Dickey Fuller test, it was found that the variables used were integrated of order one and long run equilibrium relationship existed based on the Pedroni cointegration method. Only foreign direct investment did not meet the a priori expectation. The result supports the ‘grease on the wheel hypothesis’. This implies that corruption and economic growth have direct relationship in West Africa. Corruption and economic growth were found to also support the U-shaped hypothesis which means that different corruption level affect economic growth in different ways. However, corruption does not lead to efficient and effective outcomes hence should not be allowed at any level of governance.
Impacts of Indonesian Economic Growth: Remittances Migrant Workers and FDI Ukhtiyani, Khairah; Indartono, Setyabudi
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 13, No 2 (2020): September 2020
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v13i2.23543

Abstract

This study aims to identify: (1) the effect of remittance of Indonesian workers on Indonesia's economic growth from 1998-2018; (2) the effect of Foreign Direct Investment on Indonesia's economic growth from 1998-2018; and (3) the effect of remittances of Indonesian workers and Foreign Direct Investment (FDI) on Indonesia's economic growth from 1998-2018. Based on previous studies found differences in the results of contributions. This study uses a quantitative model using remittances from Indonesian workers and FDI as independent variables, and the dependent variable is economic growth. The population of this study is all secondary data about the percentage of GDP and FDI remittances and the level of economic growth in Indonesia in 1998-2018. Tests conducted are prerequisite tests for multicollinearity, heteroscedasticity, autocorrelation, and multiple regression hypothesis testing using SPSS 21 to measure the effect of independent variables on the dependent variable partially and simultaneously. The results of this study stated that there was no significant effect on the remittance of Indonesian workers and FDI on Indonesia's economic growth from 1998-2018 because the receipt of remittances by Indonesian workers was used by households for food consumption and expenditure, not for investment or to open businesses. Meanwhile, Indonesia's FDI bureaucracy is still inefficient and there is a need for infrastructure development to increase foreign investor interest. In addition, Indonesia is still oriented towards imports rather than exports.
A Survey on Women's Motivation to Reduce Poverty Pitaloka, Lola Kurnia; Setiawan, Avi Budi; Alfianti, Ririn
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 14, No 1 (2021): March 2021
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v14i1.27613

Abstract

Nowadays, women still become an objectsof life. Even though women can be competent objects of development. Lack of motivation to women is the main problem why women are not productive in public matters. The purpose of this study was to see whether women's empowerment could increase women's motivation to alleviate poverty. This research is an exploratory research which intends to collect facts in depth. The population in this study were 229 women from poor communities who did not or had not worked in Kudus Regency. The sample obtained from Slovin formula is 145 women with the sampling technique using random sampling. Data were collected using a questionnaire and analyzed using SEM with the warpPLS analysis tool. This research shows that the motivation of the population of women does indeed have a significant effect on poverty alleviation because motivation makes what women do to be unbiased. Empowerment of women does not have any effect on motivation for poverty alleviation.
Cash For Work? Extreme Poverty Solutions Based on Sustainable Development Effendi, Ghina Nabilah; Purnomo, Eko Priyo; Malawani, Ajree Ducol
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 13, No 2 (2020): September 2020
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v13i2.25448

Abstract

This article discusses how cash for work and the goals of sustainable development as solutions to extreme poverty. Lack of employment in villages is a factor in poverty in Indonesia. The cash for work program is an innovation of the central government and village government with village funds to provide productive activities to reduce poverty, and as a commitment of Indonesia to implement global goals, namely sustainable development goals. The research was conducted in the Village of Mekar Sari Ness, Village that implemented the program and faced challenges of poverty and unemployment. This study uses qualitative methods with descriptive statistical analysis using Nvivo12 plus data processing applications and using crosstab analysis. Sources of data obtained through government websites and application services, report documents, and journalism-related to the matter to be examined. This research concludes program cash for work can increase income per capita following SDGs standards, can open employment opportunities, especially for the rural poor and have a significant impact on optimizing village funds. Challenges going forward are managing village funds that must be in line with Ministry regulations, recruitment of workers and skills aimed at the poor and marginalized, as well as timeliness in implementing programs.
Implementation of The Effectiveness of Regional Autonomy in Indonesia Aminah, Aminah; Gantyowati, Evi; Winarna, Jaka; khairudin, khairudin; Redaputri, Appin Purisky
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 14, No 1 (2021): March 2021
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v14i1.26811

Abstract

The drive of this study is to postulate empirical evidence about the evaluation of the enactment of regional autonomy in Indonesia after the enactment of Act Number 22 Year 1999 concerning Regional Government. Exclusively, this analysis aims to evaluate the wellbeing of the community, public services and regional competitiveness in the new autonomous regions. This research was conducted in 71 new autonomous regions in the Sumatra region after the depiction of Act Number 22 of 1999 concerning Regional Government during the 2000-2018 period.  This type of research uses quantitative research. While the research method used is descriptive method, which is a research method that describes the population under study and consists of variables. The results of the study found that (1) the success rate of implementing regional autonomy for 20 years in the Sumatra region from the welfare aspect was 64.78%, meaning that the implementation of regional autonomy in the Sumatra region so far (64.78%) "has succeeded in increasing the HDI" according to the mandate of the law; (2) the level of success in implementing regional autonomy for 20 years in the Sumatra region from the aspect of regional competitiveness is 18.30%. The conclusion is that the implementation of regional autonomy in the Sumatra region has not been sufficiently successful in increasing regional competitiveness in terms of GRDP; (3) Riau Province is a region that has been very successful in implementing regional autonomy both in terms of welfare and regional competitiveness.
Determinant Return on Assets on Rural Banks in Indonesia Amanah, Amanah
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 13, No 2 (2020): September 2020
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v13i2.26458

Abstract

The problem in this study is that the Trend of Return on Assets (ROA) in Rural Banks tends to decrease. The author uses a quantitative descriptive analysis method and the analytical tool used is the ECM (Error Correction Model), the aim of which is to determine what factors influence the Return on Assets (ROA) of Rural Banks in Indonesia. The findings empirically show that the Amount of Money Supply in the long term had a significant effect on the Return on Assets (ROA) of Rural Banks. Whereas in the short term, no significant effect on ROA, General Capital Reserves in the long term have a significant effect on Return on Assets (ROA), while in the short term have no significant effect on ROA, Non Performing Loan (NPL) in the long term and short term effect significant to Return on Assets (ROA), Consumptive Interest Rates in the long term and short term have no significant effect on Return on Assets (ROA), and Working Capital Interest Rates in the long term and short run have no significant effect on Return on Assets ( ROA) Rural Banks in Indonesia

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