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INDONESIA
Journal of Indonesian Economy and Business
Published by Universitas Gadjah Mada
ISSN : 20858272     EISSN : 23385847     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
Journal of Indonesian Economy and Business (JIEB) is open access, peer-reviewed journal whose objectives is to publish original research papers related to the Indonesian economy and business issues. This journal is also dedicated to disseminating the published articles freely for international academicians, researchers, practitioners, regulators, and public societies. The journal welcomes author from any institutional backgrounds and accepts rigorous empirical or theoretical research paper with any methods or approach that is relevant to the Indonesian economy and business content, as long as the research fits one of three salient disciplines: economics, business, or accounting.
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 989 Documents
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PERBEDAAN SPESIFIC VALUES ANTARA MAHASISWA AKUNTANSI DAN MAHASISWA KEDOKTERAN: STUDI EMPIRIS PADA UNIVERSITAS GADJAH MADA Fathonah, Siti
Journal of Indonesian Economy and Business Vol 19, No 1 (2004): January
Publisher : Journal of Indonesian Economy and Business

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Abstract

This study aims to analyze, to compare and to differentiate specific values of accountingand medical students. While the majority of previous studies used the Rokeach InstrumentSurvey, the current study employs the modified Rokeach and Schwartz Instrument. Thismodified instrument consists of thirty variables. However, a factor analysis indicates thatthe variables can be grouped into four constructs: individuality, theoretical, social, andesthetical. Overall, the study shows that personal values of accounting students are belowthose of medical students. Based on the finding, the study suggests that a certain subject orcourse with a high ethical contents should be taught in accounting programs.Keywords: etika, specific values, personal values, individuality, theoretical, social,aesthetics
NEW INSTITUTIONAL ECONOMICS OF THE STATE: AN ALTERNATIVE APPROACH TO REGIONAL AUTONOMY IN INDONESIA Jaya, Wihana Kirana
Journal of Indonesian Economy and Business Vol 19, No 4 (2004): October
Publisher : Journal of Indonesian Economy and Business

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Abstract

Para ahli ekonomi Kelembagaan telah lama sepakat bahwa peranan Negara sangatpenting di dalam proses pembangunan baik di negara berkembang atau negara maju(Alston, 1996, World Development Report, 1997, 2002 and 2003). Teori Neo Klasik tentang Negara dibagi dua yaitu teori kontrak dan predator. Teori kontrak berdasarkan teori pertukaran bahwa peran Negara dapat memaksimalkan kesejahteraan masyarakat, dengan menciptakan aturan main yang efisien yang dapat mendorong pertumbuhan ekonomi. Teori predator mempertimbangkan bahwa Negara dikuasai kelompok kepentingan, sehingga keuntungan maksimal kelompok lebih diutamakan dari pada kesejahteraan masyarakat (North, 1981). Tidak dapat dipungkiri bahwa di dalam teori Ekonomi Kelembagan Baru (NIE), negara merupakan neksus hubungan kontrak antara prinsipal yaitu konstituen dengan agen perwakilan. Di negara demokratis terdapat dua tahap hubungan principal-agen. Tahap pertama adalah hubungan antara pemilih (voter) dengan aktor politik (individu dan organisasi yang resmi terpilih). Tahap kedua adalah hubungan antara politisi yang terpilih sebagai prinsipal dengan dengan birokrasi pemerintah sebagai agen (Burky and Perry, 1998). Namun para ekonom kelembagaan baru juga mengkritik bahwa sedikit sekali para ekonom meneliti teori NIE yang diterapkan di negara berkembang terutama di dalam kasus otonomi daerah. Paper ini akan menyajikan kajian teoritis sejauh mana peran Ekonomi Kelembagaan Baru (NIE) dapat diaplikasikan pada kasus otonomi daerah di Indonesia.Kata kunci: Ekonomi Kelembagaan Baru (NIE), Negara dan Otonomi Daerah.
MODELING SUPPLY OF INDONESIAN COOKING OILS Sugiyanto, Catur
Journal of Indonesian Economy and Business Vol 17, No 1 (2002): January
Publisher : Journal of Indonesian Economy and Business

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Abstract

Estimasi model penawaran untuk komoditi tahunan (perennial crops) terbukti tidak mudah. Estimasi terhadap model penawaran untuk berbagai komoditi telah dilakukan, namun tidak menghasilkan kesimpulan yang konklusif. Dalam paper ini dipaparkan hasil estimasi model penawaran minyak kelapa sawit dan kelapa untuk kasus di Indonesia dengan menggunakan metode ECM dan PAM. Ternyata model PAM masih lebih baik. Jumlah observasi yang sedikit dan begitu banyaknya intervensi pemerintah di sektor kelapa sawit dan kelapa mungkin menyebabkan lemahnya model ECM.Key words: Supply, Perennial crops, ECM, PAM
AN EMPIRICAL STUDY OF THE RELATIONSHIPS BETWEEN STRATEGIC MANUFACTURING CAPABILITIES Iman, Nofie
Journal of Indonesian Economy and Business Vol 22, No 4 (2007): October
Publisher : Journal of Indonesian Economy and Business

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Abstract

Dalam kacamata manajemen operasi, kapabilitas strategik mendukung danmembentuk strategi korporat, dan, pada gilirannya, akan membantu kesuksesanperusahaan dalam persaingan. Tujuan dari artikel berikut adalah untuk mengujihubungan antara kapabilitas pemanufakturan strategik pada perusahaan-perusahaanmanufaktur di Indonesia. Survei dilakukan menggunakan kuesioner berbasis internet danuji statistik, dalam hal ini Structural Equation Modeling (SEM), digunakan untukmemahami konsep ini.Analisis terhadap data yang diperoleh menunjukkan bahwa kapabilitas qualitymenjadi basis bagi kapabilitas delivery, yang juga menjadi basis bagi kapabilitasflexibility dan cost. Apakah kapabilitas tersebut dicapai secara eksklusif ataupun secarasimultan, terlihat adanya keterkaitan dengan implementasi sejumlah program peningkatantertentu. Pola umum dari akumulasi kapabilitas tersebut dapat digunakan untukmengestimasi perilaku potensial maupun cara kerja yang lebih inovatif.Keywords: manufacturing capabilities, strategic manufacturing, resource-based view
TEORI PERTUMBUHAN BERBASIS EKONOMI (EKSPOR) : POSISI DAN SUMBANGANNYA BAGI PERBENDAHARAAN ALAT-ALAT ANALISIS REGIONAL Soepono, Prasetyo
Journal of Indonesian Economy and Business Vol 16, No 1 (2001): January
Publisher : Journal of Indonesian Economy and Business

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Abstract

The determinants of regional growth are demand and supply. Demand as a factor for explaining regional growth inquires where the demand comes from and traces its impact through the regional economic system, where a demand for a regional output gives rise to other regional output by way of backward linkages. The export-based theory of growth claims demand as the determinant of regional growth. It seeks to identify the region’ s export activities, to forecast the growth in the activities, and to evaluate the impact of that additional export activity on the other or non-basic activities of the region. The export-based theory plays the role of identifying which sectors/ industries are basic and which ones are non-basic after those sectors/ industries undergoing a shift-share analysis. The export –based theory offers various techniques of determining what a basic sector industry is and various wyas of calculating economic base multipliers. The export-based theory has some disadvantages: no inter-regional inter-industry interdependence, short-run analysis, etc. However, one thing the export-based theory can contribute is that it is useful for small regions like a district (kecamatan), regency (kabupaten) in determining their ability to export and is the first to apply the macro-economic model of income determination to regions.Keywords: basic & non-basic sectors, location quotient, economic base multiplier
THE IMPACT OF REAL EXCHANGE RATE ON TRADE BALANCE Widarjono, Agus
Journal of Indonesian Economy and Business Vol 20, No 3 (2005): July
Publisher : Journal of Indonesian Economy and Business

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Abstract

The purpose of this study is to investigate the relationship between the trade balanceand the real exchange rate for bilateral trade in merchandise goods between Indonesia and the US, Japan and Singapore as its major trading partner. This article employs theelasticity approach to analyze such a relationship. Johansen multivariate cointegration isproposed to examine the impact of depreciation of real exchange rate on trade balance. Totests for J-curve, a generalize impulse response function generated from a vector error-correction model is applied.Quarterly data over the period 1988:1-2003:4 are used for the analysis. Our findingsdemonstrate that the real exchange rate has a positive impact on the bilateral tradebalance between Indonesia and Japan and Singapore. The generalized Marshall-Lernercondition, however, seems to hold only for the bilateral trade balance between Indonesiaand Japan. This study also finds that there is an evidence for J-curve for Indonesia’sbilateral trade balance with the Japan.Keyword: real exchange rate, trade balance, Marshal-Lerner Condition and J-curve
TEORI INVESTASI DAN PERTUMBUHAN EKONOMI DALAM EKONOMI PANCASILA Mubyarto, Mubyarto
Journal of Indonesian Economy and Business Vol 18, No 3 (2003): July
Publisher : Journal of Indonesian Economy and Business

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Abstract

If economics is to become less of a religion and more of a science, then the foundationsof economics should be torn down and replaced. (Steve Keen, 2001, Debunking Economics:The Naked Emperor of the Social Sciences, Pluto Press, Sydney).Keywords: Religions Economics, Economic Sin.
INSTITUTIONS DO REALLY MATTER: IMPORTANT LESSONS FROM VILLAGE CREDIT INSTITUTIONS OF BALI Arsyad, Lincolin
Journal of Indonesian Economy and Business Vol 20, No 2 (2005): April
Publisher : Journal of Indonesian Economy and Business

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Abstract

Institusi dapat didefinisikan sebagai aturan atau prosedur yang mengatur interaksiantar manusia (agents) dan organisasi yang mengimplementasikan aturan-aturan tersebut untuk mencapai tujuan yang diinginkan. Institusi membentuk struktur kehidupan keseharian melalui penentuan dan pembatasan pilihan-pilihan dari individu danorganisasi. Secara khusus, keberhasilan dan sustanabilitas suatu perusahaan, termasuklembaga keuangan mikro, sangat dipengaruhi oleh lingkungan institusional di manaperusahaan tersebut beroperasi, baik institusi formal maupun informal.Dengan menggunakan pendekatan analisis institusional, tulisan ini mendiskusikanbagaimana institusi formal telah secara tepat dibangun berdasarkan institusi informal.Berdasarkan studi kasus Lembaga Perkreditan Desa (LPD) di Bali, tulisan inimenunjukkan pengaruh institusi informal dan formal serta keterkaitan antara keduamacam institusi tersebut di dalam praktik operasional LPD di Bali dan pelajaran apa yangdapat dipetik dari pengalaman LPD tersebut.Keywords : Microfinance institution, Village Credit Institutions, Informal Institutions.
INFANT HEALTH PRODUCTION FUNCTION: ROLE OF PRENATAL CARE Wahyuni, Heni
Journal of Indonesian Economy and Business Vol 30, No 1 (2015): January
Publisher : Journal of Indonesian Economy and Business

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Abstract

This article reviews the economic concept of the health production function regarding the determinants of infant health and the results of previous empirical studies on the role of prenatal care in infant health production. The review will include a brief explanation about the health production function, followed by how the concept applies to infant health, explaining the derivation of the infant health production function, and finally the previous empirical studies on the role of prenatal care in infant health production. Grossman’s model on the demand for health and the framework of the infant health production function of Rosenzweig and Schultz explain that the following important factors will influence infant health and the demand for maternal medical care: age, wage/income, education, and knowledge. Furthermore, given that an infant inherits its health capital stock from its mother, there may be biological factors (e.g., a specific health endowment) that may be keys to determining infant health. In terms of the role of prenatal care, the review summaries that there is strong evidence that prenatal care does affect infant health. However, it is difficult to isolate the causal effect between the two without con-trolling for endogeneity, such as via a natural experiment. It is possible that there are unob-served heterogeneous factors of mothers that can affect prenatal care and infant health. Many studies have attempted to estimate the infant health production function, taking into account these selection biases. The merits and critiques of existing methods have also been discussed in the previously mentioned studies, which have mostly been conducted in relation to developed countries and have very rarely been conducted for the developing countries’ context. The find-ings of this review state that studies into this topic should consider many important aspects, such as selectivity bias, the determinants of infant health as stated in theory and previous empirical studies, and the need to use an appropriate measurement of adequate prenatal care, especially for the case of developing countries.Keywords: health production function, infant health production function, Grossman model, prenatal care
KAJIAN EFEK IKLAN DAN ADVERTORIAL PADA PENGETAHUAN DAN PERSUASI YANG DIRASAKAN : STUDI PROSES ADOPSI PANGAN FUNGSIONAL Syahlani, M.M., Dr. Ir. Suci Paramitasari
Journal of Indonesian Economy and Business Vol 22, No 1 (2007): January
Publisher : Journal of Indonesian Economy and Business

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Abstract

A laboratory experiment examines the effect of advertisement, advertorial,Jurnal Ekonomi dan Bisnis Indonesia, Vol 22 No.1 Tahun 2007and source of information on the adoption process of functional food. The treatmentlevels in this experiment were company advertisement, public advertisement,company advertorials and public advertorial. One hundred and ninety-nine researchsubjects were selected; those were the ones who served as decision makers in buyingfood for themselves or their families. The result shows that the audio visualadvertisement only increases subjective knowledge whereas printed advertorialincreases both subjective and objective knowledge. Besides, the study alsodemonstrates that advertorial increases both subjective and objective knowledge.However, this study shows that company advertisement can increase the effect ofsubjective knowledge as much as the advertorial. The study does not prove that theindependent institutions increase stronger perceived persuasion effect than thecompany as the source of communication.Keywords: advertisement, advertorial, adoption process, functional food.

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