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INDONESIA
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
 49   50   51   52   53 
Public Behaviour on Cash Waqf: Evidence from Indonesia Haidlir, Banu M; Laksmono, Bambang S; Kasri, Rahmatina A; Azizon, Azizon; Hartono, Djoni
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 14, No 2 (2021): September 2021
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v14i2.32032

Abstract

Despite the potential governmental agenda towards cash waqf, this area has been givessn limited attention in academic literature with special regards to the supply side. Therefore, this study aims to investigate the factors influencing the public intention in endowing cash waqf by utilizing an extended theory of planned behaviors (TPB); in which religiosity, knowledge, and trust variables are added. Primary data from 685 respondents in Indonesia are analyzed using structural equation modeling (SEM). The result showed that the intention to endow cash waqf is positively affected by all of the TPB variables (attitude, subjective norms, and perceived behavioral control) and other extended variables. The findings suggest an optimization in waqf fund collection and waqf fund management.  For waqf collection, it is important to improve public literacy and the quality and quantity of supporting facilities and systems. Meanwhile, institutional management should be strengthened for waqf management.
Energy Efficiency: The Manufacturing Sector in Indonesia Hariyanto, Bayu
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 14, No 2 (2021): September 2021
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v14i2.28850

Abstract

Indonesia is involved in the global effort to alleviate the deterioration of the environment due to climate change. Given that the manufacturing industry accounts for the second-highest share of national energy consumption, efficiency energy in the industrial sector is crucial. This research examines which industrial subsector has to be prioritized to improve energy efficiency and what are the determinant factors that influence energy efficiency in Indonesia manufacturing. This study analyzes energy intensity as an approach to measure energy efficiency. Focusing on the 2010 - 2015 period, this research employs two methods, namely input-output and panel data regression analysis. The empirical finding shows that textiles and textile products; pulp, paper, paper products, printing, and publishing; and rubber and plastics sectors are the first priority subsectors that must implement green industry standards. The next priority is the subsectors at the second level but have no green industrial standards, namely electrical and optical equipment. Furthermore, there were four variables that statistically increase energy intensity, namely lagged energy intensity, technology intensity, lagged value added, and location of plant. However, other two variables, the price of electricity and company size, can reduce energy intensity.
The Effect of Financial Ratio to Financial Distress Mediated by Profitability Ratio in PT Angkasa Pura II (Persero) Handayani, Sri; Perwitasari, Erni Pratiwi; Hermawan, M Arif
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 14, No 2 (2021): September 2021
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v14i2.32023

Abstract

This study aims to analyse the effect of ratios of liquidity, solvency and activity on financial distress through ROE, ROA and ROI of PT Angkasa Pura II (Persero) as mediating variable. The decrease in the number of aircraft passengers due to restrictions on human movement due to Covid-19 pandemic affects airport revenues as indicated by deteriorating financial ratios and is thought to lead to financial distress. This study tries to detect the symptoms of financial distress in the state-owned enterprise engaged in airport services by looking at the direct and indirect effects of its financial ratios’ performance. By using secondary data from financial statements, this study tried to build a structural equation model to know the direct and indirect effect. The results of hypothesis testing indicated that the ratio of liquidity, solvency and activity had negative effects on the company’s ROE, ROA and ROI during the period 2001-2020, but only the activity ratio that had a significant effect. Meanwhile, the three ratios of liquidity, solvency and activity had direct negative but not significant on financial distress. Next, ROE, ROA, and ROI had a direct positive but not significant effect on the company’s financial distress during that period. The study concludes that there was no relationship between the three ratios to financial distress mediated by ROE, ROA and ROI of the company.
Why Does Indonesia Have a High Covid-19 Case-Fatality Rate? Karnadi, Erwin Bramana; Kusumahadi, Teresia Angelia
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 14, No 2 (2021): September 2021
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v14i2.29580

Abstract

The COVID-19 pandemic has taken the world by storm, but the magnitude of its impact differs from country to country. As of August 2020, Indonesia’s COVID-19 case-fatality rate is higher than the world average. The aim of our research is to find out why Indonesia has a high COVID-19 case-fatality rate. Using OLS regression models, we found the number of COVID-19 related deaths, the number of COVID-19 tests performed, population age, population, voice and accountability index, and control of corruption index are significant predictors of a country’s COVID-19 case-fatality rate. Based on our results, we conclude that Indonesia’s COVID-19 case-fatality rate is higher than it is supposed to be, mainly because of a lack of COVID-19 testing and accurate public information.
Factors Affecting the Composite Stock Price Index during Covid-19 Pandemic Crisis Hidayat, Ariodillah; Liliana, Liliana; Andaiyani, Sri
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 14, No 2 (2021): September 2021
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v14i2.27682

Abstract

This paper aims to analyze factors affecting the Composite Stock Price Index (IHSG) on the Jakarta Stock Exchange (IDX) during the Pademi Corona Crisis. This study uses the multiple linear regression analysis technique where the variable number of confirmed Covid-19 cases in the world, the number of confirmed Covid-19 cases in Indonesia, the Rupiah exchange rate per 1 US dollar,  and the world crude oil price are used as independent variables (X) and the IHSG as the dependent variable (Y), the data used in this study are weekly time series data from the period December 2019 to September 2020. Based on the results of variable regression between the IHSG, Exchange Rates, Oil Prices, cases of COVID-19 in Indonesia and COVID-19 World, It is concluded that collectively the independent variables have a significant effect on the IHSG. Partially, Oil Prices, COVID-19 cases in Indonesia and COVID-19 cases in the world have a significant effect on the IHSG. Meanwhile, the exchange rate has no significant effect on the IHSG.
Effectiveness Economic Welfare Through Bansos During Covid-19 in Payakumbuh City Sufiawan, Nur Ari; Iryani, Nelvia
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 14, No 2 (2021): September 2021
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v14i2.27697

Abstract

The purpose of this study was to determine the effectiveness of mitigating the economic vulnerability of the community through the allocation of social assistance during the Covid-19 pandemic in Payakumbuh City. The data used are primary data and secondary data. Collecting data in the form of observation, documentation and interviews with a sample size of 100 respondents. The analytical method used is descriptive qualitative. The results of the analysis show 1) the input aspect with an effectiveness ratio of 60% and 65% can be said to be quite effective, meaning that KPM is right on target and utilizes social assistance appropriately for the economic benefit of the community in the midst of the Covid-19 outbreak. 2)which consists of socialization and monitoring, each with an effectiveness ratio of 100%. 3) the output aspect of social welfare with an indicator of the level of fulfillment of needs where the percentage obtained is 74% in the category of economic welfare which is quite effective.
Export Model of Four or More Wheeled Vehicles in Indonesia Emilia, Emilia; Achmad, Erni; H. Prihanto, Purwaka; Mustika, Candra
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 15, No 1 (2022): March 2022
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v15i1.34156

Abstract

  In the case of Indonesia, manufacturers from abroad have collaborated with Indonesia by buil di ng t hei r own factories so that this is expected to help economic development in the country , but this doesn’t happen in 2020. In the contrary, since the Pandemic of Covid-19, the automotive industry, one of whi ch i s four -wheeled vehicles or cars, experienced a significant decline in exports. Therefore, the purpose of this research is to find out and analyze how the ratio of exports of four or more wheeled vehicles from Indonesia to the main destination countries, especially in the Southeast Asia region and t o di scover and analyze the effect of the exchange rate, population and gross domestic product on the Indonesian export s of four or more wheeled vehicles to main destination countries, especially in the Southeast Asian region. The methods used in this study are descriptive analysis using export ratio and quantitative analysi s using panel data regression. The results showed that based on the ratio of exports of four or more wheeled vehicles from Indonesia to the four main destination countries in Southeast Asi a, t he l argest was t he Philippines with an average of 0.25, followed by Thailand with an average of 0.11 followed by V iet nam with an average of 0.25. an average of 0.049 and finally Malaysia, which is an average of 0.041. The regression results show that the population and exchange rate variables have a significant positive effect while GDP has no significant effect on Indonesia's exports of four or more wheeled vehicles to the four main destination countries in Southeast Asia.
Corruption and Economic Growth at Province Levels in Indonesia Nairobi, Nairobi
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 14, No 2 (2021): September 2021
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v14i2.25996

Abstract

This study aims to determine the effect of corruption on economic growth at the provincial level in Indonesia. This study uses a model based on the economic growth model of Levine and Renelt (1992). This study uses secondary data obtained from the Central Statistics Agency (BPS), the Investment Coordinating Board (BKPM), and Transparency International Indonesia with the research period of 2014-2018. This study uses a panel data model with a cross-section of 16 (sixteen) provinces in Indonesia. This study uses a model with a Random Effect Model (REM) approach. The results showed that the corruption perception index, foreign direct investment (FDI), initial growth (EGt-1), government spending (GE) and labor (L) each had a positive and significant effect on economic growth (EG) in 16 provinces in Indonesia for the 2014-2018 period, ceteris paribus.
Impact of Strengthening Internal Audit’s Roles towards State Budget Loss Qomaryati, Nurul; Gultom, Yohanna M.L.
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 14, No 2 (2021): September 2021
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v14i2.30855

Abstract

This research evaluates the effect of strengthening government internal audit’s (APIP) roles on reducing state budget loss in Indonesia. Since 2014, the role of internal audit as a provider of objective quality assurance is strengthened by adding comprehensive consulting activities that are inherent in each cycle of state budget process to make sure that there are no irregularities on managing the stage budget. By using the difference-in-differences (DID) approach, this study analyzes state budget loss data obtained from the Audit Board of Republic of Indonesia (BPK) in 492 cities/districts during 2009-2018. The results show that strengthening internal audit’s roles decreased state budget losses in the regions that have a relatively high capital expenditure by 0.435% and it is significant at 1% level. This finding shows the positive effect of adding a consulting role to government internal audit on reducing the state budget losses in Indonesia.
An Examination of Exchange Rates on Foreign Tourist Flows into ASEAN-3 Purna, Fitra Prasapawidya; Munandar, Aris; Bija, Rein Pong
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 14, No 2 (2021): September 2021
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v14i2.30417

Abstract

This research aims to analyze the effect of exchange rates on foreign tourist flows in ASEAN-3. A fixed-effect model is used to estimate data from three ASEAN countries, namely: Indonesia, Malaysia, and Thailand from 1995 to 2016. The result shows that the exchange rate has a significant positive effect on foreign tourist flow. In other words, the depreciation of domestic currency increasing foreign tourist flow. Other control variables such as income per capita, HIV prevalence, trade, and consumer price index significantly affect a different sign.

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