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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
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ANALISIS PENETAPAN NILAI GANTI KERUGIAN PROPERTI KORBAN LUAPAN LUMPUR LAPINDO
JEJAK Vol 3, No 2 (2010): September 2010
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v3i2.4653

Abstract

This research studies the fairness of the agreed compensation property nominal value for the victims of the Sidoarjo mudflow. This research was performed by comparing the agreed nominal amount of compensation with the estimated values based on the property price model. The model was developed based on the market property (lands and houses) prices at the region in normal condition before disaster. The market property price is then adjusted based on the principal of time value of money. Property in this research is limited to losses of lands and houses. Analysis tool which was used for estimating property value in normal condition is multiple linear regression using theOrdinary Least Square. The significance of one-sample tests of hypothesis using testing for a population mean was utilized to examine the fairness of compensation determination by PT. Lapindo Brantas, Inc. compared to the real property price. Results of analyses show that the variables of land area, house area, road width in front of houses and lands, transaction time, house quality affect significantly and positively with the R2 value of 0.904033. Analysis results also confirm that the property compensationet property compensation. Results of the population mean significance test shows that nominal compensation price agreed on December 4 2006 is higher than the calculated real price on normal condition (over assessment). determined by PT.Lapindo Brantas, Inc. is statistically different from the mark
Empirical Analysis of Human Capital Convergence in Indonesia
JEJAK Vol 11, No 2 (2018): September 2018
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v11i2.16053

Abstract

This research analyzes the convergence hypothesis that applied to human capital which is one of important factor for economic development. This model applied to analyze the condition of provinces in Indonesia that have different conditions of human capital between regions for 33 provinces in Indonesia for two period between 2004 to 2010 and 2010 to 2016. This study uses data panels in estimating with fixed effects model as the best model choice. The result of the analysis for sigma convergence model is a decrease of global dispersion of human capital growth in Indonesia for the both periods. The results of beta convergence confirm the existence of absolute and conditional convergence model for the both periods. The determinants of human capital convergence in first period are economic growth, poverty, illiteracy, access to sanitation, access to clean water, number of health centers, and number of universities. Meanwhile different conditions are shown in the second period where the determinants of conditional convergence of human capital are determined only by economic growth, poverty, and sanitation access.
Impacts of Indonesian Economic Growth: Remittances Migrant Workers and FDI
JEJAK 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.
Determinants of Islamic Rural Bank Financing in Indonesia
JEJAK Vol 10, No 2 (2017): September 2017
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v10i2.11293

Abstract

This research is designed to empirically investigate the determinants of Islamic rural banking financing in Indonesia after 2008 global financial crisis covering period 2009.1-2014.12. The methods applied in this research are Error Correction Model (ECM) and VAR/VECM. The results of ECM model demonstrate that the variable third party funds (DPK) and non-performing financing can significantly affect Islamic rural banking financing both in the short run and long run, while Return on Asset (ROA) and Profit-and-loss sharing does not have a significant influence. Islamic rural bank financing, however, was influenced by inflation and exchange rate as the proxy of macroeconomic variables in the short and long run. Furthermore, Impulse Response Function (IRF) and variance decomposition results show that Profit-and-loss sharing (PLS) has the largest positive impact to financing (39.08%), followed by third party fund (19.6%) and inflation (8.9%). While, the variables that contribute to reduce financing are non-performing financing (9.02%), followed by ROA (7.76%) and exchange rate (2.48%).
ANALISIS PRODUKSI TEBU DI JAWA TENGAH
JEJAK Vol 7, No 2 (2014): September 2014
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v7i2.3893

Abstract

This research are to analyze the influence of width of land area for growing the sugarcane plants, sugarcane seed , fertilizer and labour to the sugarcane production. A model was built by using Cobb-Douglas equation, in which it employed two or more variables. The variables were dependent (Y) and independent variables (X). By using panel data that consisted of 26 data regencies or cities in Central Java during 7 years ( from 2007 to 2013), it could be obtained a fixed effect model, as the most effective model. The research results show that the the width of land area for growing the sugarcane plants, fertilizer and employees are suitable with the theory while the seed is not suitable with the theory. It can be known statistically that the significance level of 0,05 on the width of land area, the quantity of the fertilizer and the number of labors can have smaller significant (prob) value than 0,05. It means that those three variables statistically and significantly influnce the quantity of sugarcane production in Central Java. Meanwhile, the quantity seed variable, statistically does not influence significantly to the sugarcane production. It is because its significant value is bigger than 0,05. Penelitian ini dilakukan pada provinsi di Jawa Tengah untuk melihat produksi tebu di Jawa Tengah. Peneli-tian ini bertujuan untuk menganalisis pengaruh luas lahan terhadap produksi tebu, pengaruh bibit terhadap produksi tebu, pupuk terhadap produksi tebu dan menganalisis tenaga kerja terhadap produksi tebu. Model dibangun menggunakan model Cobb-Douglas merupakan persamaan dengan menggunakan dua atau lebih variabel, dimana variabel yang satu merupakan variabel yang dijelasakan atau variabel dependen (Y) dan lain-nya merupakan variabel indipenden atau yang menjelaskan (X). Dengan menggunakan data panel yang terdiri dari data 26 kabupaten/kota di Jawa Tengah, kurun waktu 7 tahun (2007-2013), diperoleh fixed effect model sebagai model yang paling efektif. Hasil penelitian menunjukkan luas lahan, pupuk dan tenaga kerja sesuai dengan teori sedangkan bibit tidak sesuai dengan teori. Secara statistik dapat diketahui bahwa pada tingkat signifikansi 0,05 variabel luas lahan, jumlah pupuk, dan jumlah tenaga kerja yang dipakai mempunyai nilai signifikansi (prob) lebih kecil dari 0,05 yang berarti bahwa ketiga variabel ini secara statistik berpengaruh signifikan terhadap jumlah produksi tanama tebu di Jawa Tengah. Sementara itu, variabel jumlah bibit (karena nilai signifikansinya/ prob lebih besar dari 0,05) secara statistik tidak berpengaruh signifikan terhadap jumlah produksi tebu.
WORLD OIL PRICE IMPACT ON INTEREST RATE AND UNEMPLOYMENT: EVIDENCE FROM EURO
JEJAK Vol 7, No 1 (2014): March 2014
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v7i1.3838

Abstract

Tingginya harga minyak dunia telah dipercaya sebagai faktor yang mempengaruhi aktifitas ekonomi dan kebijakan makroekonomi. Penelitian ini bertujuan untuk menganalisis hubungan antara harga minyak dan kebijakan makroekonomi dengan menganalisis dampak harga minyak pada tingkat bunga riil dan pengangguran. Studi ini menguji hubungan tersebut di negara-negara Eropa dengan menggunakan data tahunan mulai tahun 1970- 2009 dengan database AWM. Inovasi dan tingginya harga minta akan mempengaruhi suku bunga riil dan pengangguran mulai dari periode awal dan berakhir dalam jangka waktu yang lama. Notable increases in the world price of oil have been generally recognized implies economic activities and macroeconomic policies. This paper tries to analyze the oil price and macroeconomic policy relationship by means of analyzing the impact of oil prices on real interest rate and unemployment. This paper tests these relationships in Europe Area Countries using annual data from 1970 to 2009 by using AWM database. Innovation or shock in world price of oil will affect the real interest rate and unemployment from initial period and fade away in very long time horizon. 
Relationship of Economic Growth with Tourism Sector
JEJAK Vol 9, No 1 (2016): March 2016
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v9i1.7184

Abstract

This research aims to analyze the impact of foreign tourists towards the economic growth. It was conducted from 1995 until 2012 on five ASEAN member countrie: Indonesia, Malaysia, Thailand, Philippines, and Singapore. It used the quantitative method; it is one-way random effect of panel regression. The data, which is functioned as dependent variables, were taken from WDI (World Development Indicator) of the World Bank for the Gross Domestic Product (GDP). Meanwhile, the data of revenue from the foreign tourist visit (Rec), the number of foreign tourist arrival (Arr), and the exchange rate (Xrate) are functioned as the independent variables. Based on the research result, there is evidence that international tourism can increase the economic growth in those countries. The three independent variables have a positive and significant impact to the dependent variables. Based on the findings, the governments of five ASEAN member countries should be able to maintain the sustainability of tourism sector in order to be stronger and to have global market-orientation. In fact, tourism services can support the economic growth because the potential of those ASEAN countries cannot be taken lightly.
KETERKAITAN DESENTRALISASI FISKAL SEBAGAI POLITICAL PROSESS DENGAN TINGKAT KEMISKINAN DI INDONESIA
JEJAK Vol 1, No 1 (2008): March 2008
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jejak.v1i1.1449

Abstract

This research aims to calculate fiscal capacity and estimate fiscal capacity, and poverty. Variableused in this research are fiscal capacities, Gross Regional Domestic Product (GRDP), and povertyvariable. Data used in this research is secondary sources from 25 Provinces in Indonesia with year timeperiod 1999 - 2003. This research limits its research object only 25 Provinces in Indonesia. In general,this paper concludes that Gross Regional Domestic Product (GRDP) and fiscal capacity have an effecton significant statistically to poverty, its meaning that fiscal capacity in 25 the provinces can expressability to improve economic growth. Government policy in APBD as political process influence fiscalcapacities, economic growth, and poverty in Indonesia. Recomendation from this research are localgoverment must concern about fiscal capacity end Regional Domestic Product (GRDP) end govermenttry to increase responsibility so all of country can improve their wealth.Keywords: Fiscal capacity, Gross Regional Domestic Product (GRDP), poverty, fiscal policy
PARTISIPASI PENYUSUNAN ANGGARAN TERHADAP KINERJA ANGGARAN DI KABUPATEN SEMARANG
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.v4i1.4643

Abstract

The relationship between budget participation and managerial performance has been attracting researcher's attention. However, the results of previous studies on the realtionship between budget participation and managerial performance have been inconclusive and often contradictory. One way to reconcile these conflicting results is to investigate the hypothesized realationship by applying a contingency approach. This study empirically examined the effect of budget participation on budget performance using conntingency approach. Three contingent variables were investigated. They were motivation, leadership style and decentralization. The data were collected by using purposive sampling technique atSemarangRegion. The respondent is the managerial level such as Camat and Bendahara Kecamatan. To analyse the data, simple regresion and regresion with residual approach are employed. The result of study shows that budget participation support has positive and significant influence on performance budgeting. Then, motivation and budget participation, leadership style and budget participation, desentralization and budget participation do not affect performace budgeting.
Willingness To Pay for Improving The Quality of Public Transportation
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.v12i2.20302

Abstract

This study aims to know the magnitude of the estimated average value of willingness to pay service users BRT Trans Semarang to improve the service quality and to know the change of the desired service quality improvement from the users of BRT Trans Semarang. Quantitative descriptive research approach with Contingent Valuation Method (CVM) is used to analysis the data from 100 respondents. Sampling techniques are carried out by means of purposive random sampling. The finding shows that the magnitude of the average value of willingness to pay IDR. 4,000 and quality service that needs to be fixed are a convenient bus stop placement, more emphasis on user safety, timeliness the potential as well as the necessity to depart and the priority age of BRT users. Government can review back the tariff policy of BRT Trans Semarang set appropriate response from the respondents because the estimated average value of WTP can be the basic reference point for setting the rates and can improve the quality of service to make it more adequate so that users feel at ease when using the BRT Trans Semarang

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