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INDONESIA
JEJAK
ISSN : 1979715X     EISSN : 24605123     DOI : -
Core Subject : Economy,
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.
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Articles 860 Documents
ANALISIS KETERKAITAN KETERSEDIAAN INFRASTRUKTUR DENGAN PERTUMBUHAN EKONOMI DI INDONESIA: PENDEKATAN ANALISIS GRANGER CAUSALITY
JEJAK Vol 4, No 1 (2011): March 2011
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v4i1.4637

Abstract

The aims of this study are to analyze the causal relationship of public service provision (infrastructure), economic growth and tax inIndonesiaand to formulate the policy implications of causal link and infrastructure inIndonesia’s economic growth. The data used was time series data, from 1987 up to 2009. They were from many sources such as Government Expenditure (APBN), Central Bureau of Statistics (BPS) and the International Financial Statistics (IFS). The method used is a causal analysis approach or the Granger causality. The findings of this study is that there is a direct relationship between GDP to infrastructure and the GDP to tax revenue. The conclusions of this study are Gross Domestic Product (GDP) can lead the availability of infrastructure (for example road length) in Indonesia,there is a causal connection between the economic growth and the tax revenue in Indonesia, andthe increased tax revenue will increase the availability of infrastructure, especially road.
The Nexus Between Financial Inclusion and Economic Growth in ASEAN
JEJAK: Jurnal Ekonomi dan Kebijakan Vol 12, No 2 (2019): September 2019
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v12i2.18747

Abstract

Inclusive growth has recently become an interesting issue to be studied more deeply, especially in the financial sector as outlined in the concept of financial inclusion. The role of the financial sector is important considering this sector is the primary sector in encouraging economic activity especially in the real sector. This study aims to analyze the influence and long-term relationship of financial inclusion through the instrument of the number of Automatic Teller Machine (ATM)s and commercial bank branches on ASEAN economic growth through Gross Domestic Product (GDP). The data used is secondary data in the form of an annual panel consisting of ASEAN countries with the period of 2008-2015 for the purpose of seeing the impact after the global crisis that occurred. The method used Panel Vector Error Correction Model (VECM) to see the long-term relationship and the GDP response when shocks occur in the variable financial inclusion. The result of estimation shows that financial inclusion through the number of ATMs and the number of branches of commercial banks were able to contribute positively to economic growth in ASEAN.
Education Equality and Economic Growth in Indonesia
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.v14i1.26162

Abstract

Last decade, Indonesia's economic growth experienced a downward trend. The study examines the role of investment, equality in education, poverty, income inequality, and regime to economic growth in Indonesia. We used time-series data between 1970-2017. It was obtained from BPS and World Bank (Indodapur) publications. The model used is the Weighted Least Square Regression (WLS). The results showed the factors that contributed significantly to increasing Indonesia's economic growth were education equality, poverty, and income inequality. While investment/capital, economic transparency, and the regime did not significantly contribute to increasing economic growth. Expanding access to education for high school or equivalent is important by the Government, including the development of school infrastructure in remote areas and teacher distribution. The Government should maintain the poverty trend that continues to decline. The future study dynamic models look at the long-term relationships related to education equality, distribution of income, and poverty on economic growth.
Impact Evaluation of Raskin Program using Matching Method: Case of IFLS 5
JEJAK Vol 11, No 1 (2018): March 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i1.9192

Abstract

Beras untuk Keluarga Miskin (RASKIN) program has been applied since 1998 and has been renamed as Beras Sejahtera (RASTRA) in early 2017, but their effectiveness is still debatable. This study tries to evaluate the impact of RASKIN program on household income. Using data from 3,745 households in Indonesia Family Life Survey (IFLS) 5 that has been estimated using propensity score matching, this study has identified precisely that RASKIN program has a negative and significant effect on household income. This happens because the benefits that reveived by Rumah Tangga Sasaran (RTS) are very small. The small benefit is affected by the amount of rice received, frequency and price that have been paid to get RASKIN is not in accordance with the guidelines. The result of this study is along with previous studies, where the amount and price of rice that distributed through RASKIN program is not exactly correct. Therefore, there must be a change in program format, not just renaming from RASKIN to RASTRA only.
Bitcoin and Blockchain to Indonesia’s Economic Resilience: A Business Intelligence Analysis
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.v13i1.23099

Abstract

Blockchain technology has been a phenomenal discovery since its use on Bitcoin, a crypto currency created by Satoshi Nakamoto. Featuring decentralization, it allows Bitcoin to escape the interference of third parties and governments. Departing from Keynesian Theory, this study used a mixed quantitative and qualitative approach. The econometric quantitative approach uses the Vector Error Correction Model (VECM) modeling to predict the impact of Bitcoin investment on Indonesia's transaction of capital. A qualitative approach is used to analyze the LOFT effects of Bitcoin on Indonesia's economic resilience. Unlike previous studies, this study attempts to provide an explanation from the standpoint of national resilience, especially in the field of economic resilience. VECM analysis found that Bitcoin had a significant positive effect on Indonesia's transaction of capital in both the short and long terms Even though the magnitude of the influence of bitcoin is relatively small, it needs to watch out for macro performance through capital transactions. Qualitative data indicate that there is a change of Bitcoin function in Indonesia, from a payment method, into an instrument of investment. The finding explains that Bitcoin has the potential to weaken the resilience of the Indonesian economy through a reduction in the balance of payments, while Blockchain can be the main foundation of the financial industry revolution in Indonesia.
FAKTOR-FAKTOR YANG MEMPENGARUHI KERAWANAN PANGAN RUMAH TANGGA MISKIN DI DESA WIRU KECAMATAN BRINGIN KABUPATEN SEMARANG
JEJAK Vol 2, No 2 (2009): September 2009
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v2i2.1466

Abstract

The aims of this study are for knowing the factors that influence the food crisis, for analyzing theinfluences of every variable under study, and for knowing the appropriate strategy to eradicate the foodcrisis. The population of this study is 612 families which suffer from the food crisis. Then, the sample is86 families. It is collected by using Cluster Proportional Random Sampling Technique. The variables inthis study are income, education, productive asset ownership and food crisis. The methods used incollecting the data are documentation and questioner. The methods for analyzing the data are multipleregression and SWOT analysis. Income, education and productive asset ownership simultaneously andstrongly influence the families that suffer from food crisis in Wiru village. It can be seen from the result ofF test which is 31 and its significance which is 0,00. Next, the coefficient of partial regression of incomeand food crisis is-0253, the coefficient of education is -0,531, the coefficient of productive assetownership is -0,398 and its determination coefficient is 52%. The appropriate strategy used foreradicating food crisis should be a strategy of horizontal and stability integration. It focuses on theprogram that wants to be achieved and the program based on the families’ economic growth and power.The conclusions of this study are: (1) there is a negative influence between X and Y variables. It meansthat the higher the income, education and productive asset ownership of a family, the family will havesmaller risk in suffering from food crisis (2) the strategy used for eradicating the food crisis is horizontalintegration.Keywords: Income, education, and productive asset ownership.
STRUKTUR DAN KINERJA INDUSTRI BESI DAN BAJA INDONESIA TIDAK SEKUAT DAN SEKOKOH NAMANYA
JEJAK Vol 3, No 1 (2010): March 2010
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v3i1.4661

Abstract

The existence of iron and steel industry occupy vital role in the development process and become strategically for the progress of a nation, because almost all metal equipment that are used by people made of steel. This research is aim to study structure and performance also competitive power of Indonesian national iron and steel industry that is below the note and not as firm as the name. This study endured by the way of literature research based from the primary data of BPS during the last five years that was since years 2004 until the beginning of year 2010. Based on the result of the research it is concluded that structure and performance of Indonesian iron and steel industry are still weak contradictive. The main reason that faced by this industry is the high import dependencies of raw material, especially at head steel industry. The low level of consumption per capita that at 33 kg per capita cannot be fulfilled by the level of national production that always under the level of the consumption, with the result that this lag must be fulfilled with import. The next consequence, national iron and industry are not become standalone and low at competition power, with the result that the problem of consumption that always be bigger than the production become more dependent at the condition of world iron and steel market. Because the lack of raw material, and the international price of raw material highly increased. In the other side, the chaos at the industry cannot be released from the uncertain policy of the government during the time, with the result that national iron and steel industry’s structure can’t stand alone and their competitive power are low. For that reason, investment policy to support this industry and local resource wielding are very strategic opportunity to build self-employment and performance of iron and steel industry competitive power including related industry and the lower atIndonesiarecently and the future. 
DETERMINAN SUKU BUNGA PASAR UANG ANTAR BANK DI INDONESIA
JEJAK Vol 5, No 1 (2012): March 2012
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v5i1.4624

Abstract

Interbank money market (interbank) or often called the Interbank Call Money is one of the important means to encourage the development of money markets.Interbank money market is interest rate which is determined by the bank that needs loan. It also means that the interest rate which is charged to the banks that borrow some money in the interbank money market because of PUAB publishing. This study aims to analyze the determinants of the interbank money market in Indonesia. The variables in this study are the Singapore Interbank offered rate (SIBOR), SBI interest rates, and exchange rates. The results show that SIBOR has positive effect on the interest rate of Interbank Call Money, SBI has negative effect to the rates of Interbank Call Money, and the exchange rates has a positive effect to the rates of Interbank Call Money, and SIBOR, SBI, and the exchange rate at the same time affects the rates of Interbank Call Money.Pasar uang antar bank (PUAB) atau sering disebut dengan Interbank Call Money merupakan salah satu sarana penting untuk mendorong pengembangan pasar uang.Pasar uang antar bank sendiri adalah tingkat suku bunga yang ditentukan dan dikenakan oleh pihak bank kepada bank yang melakukan pinjaman di pasar uang antar bank atas penerbitan PUAB. Penelitian ini bertujuan untuk menganalisis determinan PUAB di Indonesia. Adapun variabel yang mempengaruhi dalam penelitian ini adalah Singapore Interbank offered rate (SIBOR), Suku bunga SBI, dan kurs. Hasil penelitian menunjukan bahwa SIBOR berpengaruh positif terhadap tingkat suku bunga PUAB, SBI berpengaruh negative terhadap suku bunga PUAB, dan Kurs berpengaruh positif terhadap suku bunga PUAB, serta secara bersama SIBOR, SBI, dan Kurs mempengaruhi tingkat suku bunga PUAB. 
The Analyses of Household Income and Dependence on Forest Resources
JEJAK Vol 12, No 1 (2019): March 2019
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v12i1.18576

Abstract

The objectives of this study are; (1) to identify the probability of paid work options, (2) to analyze variables affecting the income of the farmers, and (3) to analyze and measure variables that affect the farmers dependence over forest resources. This result indicates that the physical capacity variables affecting the decision for working in the forest. The other influencing reasons in the decision making process to work in the forest is the age of the head of the family, working time which is spent in the forest, the width of the areas, and values of the assets. Generally, the dependence of the farmers over the forest is spatially  influenced by the income from non-forest work, the land-owned width, household’s head education, number of dependents, and access to the forest, and access to the forest. However, the variable of asset values do not essentially play important role. A new finding is the occurence of the income inequality. It is driven by the inequality of the width of the land as a result of sale and lease of the right to the land in the forest, the conflicts happens through the years, and the disobedience of the farmers over the working period.
Dynamic Forecasting of Government Foreign Debt: Case of Indonesia Yozi Aulia Rahman; Amin Pujiati
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.v14i1.29715

Abstract

This study aims to forecast the value of the Indonesian government foreign debt in 2020-2024. The secondary data of time series during the period of 2010-2019 on Indonesian government foreign debt are used as the basis of forecasting for the next five years by using ARIMA (Autogressive Integrated Moving Average). The results show that the selected ARIMA models for forecasting are ARIMA (3,1,3) after the unit root test is carried out and 16 ARIMA models are tested. The value of government foreign debt is predicted to keep increasing from 2020 to 2024 amounted to USD 253.01. Then, compared to government debt in January 2010, within 11 years, government foreign  debt is predicted to rise by 169.6%.

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