cover
Contact Name
Wuri Handayani, Ph.D.
Contact Email
-
Phone
-
Journal Mail Official
-
Editorial Address
Faculty of Economics and Business, Universitas Gadjah Mada Jalan Sosio Humaniora No. 1, Yogyakarta 55281
Location
Kab. sleman,
Daerah istimewa yogyakarta
INDONESIA
Journal of Indonesian Economy and Business
ISSN : 20858272     EISSN : 23385847     DOI : -
Core Subject : Economy,
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.
Articles 989 Documents
KEEFEKTIFAN KERJASAMA ANTARLEMBAGA DALAM OPERASI PEMULIHAN TERHADAP BENCANA ALAM: STUDI EMPIRIS DI YOGYAKARTA DAN JAWA TENGAH Hadi Purnomo; Hargo Utomo
Journal of Indonesian Economy and Business (JIEB) Vol 23, No 4 (2008): October
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (144.025 KB) | DOI: 10.22146/jieb.6317

Abstract

This study examines the effectiveness of interagency cooperation in the natural disaster recovery operation. This includes an investigation of the extent to which the situational factors (leadership, communication, trust, and commitment) influence interagency processes and outcomes. These factors reflect the behavioral aspect of interagency cooperation.Data were collected through a survey followed by semi-structured interviews to representatives of both governmental and non-governmental organizations involved in the disaster recovery operation of the post earthquake in Yogyakarta and Central Java. Several hypotheses were proposed and tested to assess the magnitude and significance of the observed variables.The result indicates different level of perceived attainment amongst organizations involved in the disaster recovery operations. The behavioral aspects of the organizational leaders were significantly influenced the cooperation processes, which leads to inter-agency outcomes. The main contribution of this study is its presentation and empirical evidence of the proposed model of inter-agency cooperation.
MENINGKATKAN DAYA SAING PEREKONOMIAN NASIONAL: PELAJARAN DARI INDUSTRI TERPILIH Maxensius Tri Sambodo; Ahmad Helmy Fuady; Latif Adam; Purwanto Purwanto
Journal of Indonesian Economy and Business (JIEB) Vol 23, No 1 (2008): January
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (171.779 KB) | DOI: 10.22146/jieb.6350

Abstract

This paper aims to analyze the condition of Indonesian comparative advantage, based on internal and external factors analysis. Based on selected industries namely synthetic fiber, pulp and paper, travel goods and photographic and field research from five provinces, there are some lessons need to be done by government. There are three major findings from this study. First, there is no improvement in competitiveness without increasing value added and productivity. Second, high local content will help the industries to gain competitiveness. Third, currently, contribution of total factor productivity and labor productivity are quite low for enhancing competitiveness. The study suggests government needs to develop up stream industries for supporting downstream industries. Further, promoting good and clean governance need to be part of microeconomic reform.
PERMINTAAN BERAS DI INDONESIA: REVISITED Catur Sugiyanto
Journal of Indonesian Economy and Business (JIEB) Vol 21, No 2 (2006): April
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (456.062 KB) | DOI: 10.22146/jieb.6501

Abstract

This paper examines the demand for rice in Indonesia. The data used are timeseries data, ranges between 1970 and 2003, and data from National Survey (SUSENAS)2003. We employ the Almost Ideal Demand System (AIDS) and its inverse to model theIndonesian demand for rice. We also estimate single equation, both ordinary and inversedemand models. Las but not least, the Error Correction Mechanism is used to model thedemand. However, the single (ordinary) equation model outperforms the others.The demand for rice in Indonesia has some regular behaviour, negative withrespect to price and positive in line with the income. However, the magnitudes of theparameters, the elasticity, have been changing. The elasticity with respect to income isdecreasing, indicates that rice is becoming an inferior goods. Family whose expendituresare lesser than 300,000 Rupiahs per month will increase their rice consumption inresponse to the increase in their income. The changes in the elasticity and the variabilityof the consumption in response to income make difficult to predict the total demand forrice.Keywords: Indonesia, rice, demand, AIDS/IAIDS
PENGARUH STRUKTUR KEPEMILIKAN PUBLIK, PRAKTIK PENGELOLAAN PERUSAHAAN, JENIS INDUSTRI, UKURAN PERUSAHAAN, PROFITABILITAS DAN RISIKO KEUANGAN TERHADAP TINDAKAN PERATAAN LABA (STUDI EMPIRIS PADA INDUSTRI YANG LISTING DI BURSA EFEK JAKARTA) Herni Herni; Yulius Kurnia Susanto
Journal of Indonesian Economy and Business (JIEB) Vol 23, No 3 (2008): July
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (186.642 KB) | DOI: 10.22146/jieb.6341

Abstract

This research is designed to examine the influence of company’s characteristics on income smoothing action among listing companies at Jakarta Stock Exchange. The factors being examined were public ownership structure, corporate governance practice, industrial type, firm size, profitability and financial risk. Corporate governance practice namely audit quality, independent commissioner board and audit committee. Eighty one listed companies at Jakarta Stock Exchange selected using purposive sampling method were used as research sample, with period from 2002 until 2006. The sample was classified into smoother and non smoother using Eckel’s model. Data were analyzed using binary logistic regression. The results of the analysis indicated that public ownership structure, corporate governance practice, industrial type, firm size, profitability had a significant influence on income smoothing action and the influence of financial risk on income smoothing action was not significant.
MACROECONOMIC DEVELOPMENTS OF THE INDONESIAN ECONOMY WITH SPECIAL REFERENCE TO FINANCIAL CRISIS AND POLICY CONDUCT Enrico Tanuwidjaja; Veny Jap
Journal of Indonesian Economy and Business (JIEB) Vol 22, No 3 (2007): July
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (362.498 KB) | DOI: 10.22146/jieb.37106

Abstract

Tulisan ini berisi penjelasan mengenai struktur dan perkembangan makroekonomi Indonesia dengan refrensi khusus yang disediakan untuk dapat memahami alasan utama yang menyebabkan Indonesia mengalami penderitaan dalam bidang ekonomi selama krisis keuangan Asia tahun 1997-1998. Kami menemukan bahwa kelemahan pokok makroekonomi dalam perekonomian Indonesia adalah sebagai hal yang bertanggung jawab pada runtuhnya ekonomi, dan bukannya krisis keuangan Asia, sebagai perten-tangan pada pandangan lain mengenai efek penularan (contagion effect). Diskusi mengenai perubahan kebijakan moneter dan fiskal yang telah dilakukan saat ini juga akan dibahas.
CONFLICT OF INTEREST ON OWNERSHIP VERSUS FREE CASH FLOW: DIVIDEND POLICY EFFECTIVENESS Putu Anom Mahadwartha
Journal of Indonesian Economy and Business (JIEB) Vol 22, No 4 (2007): October
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (333.998 KB) | DOI: 10.22146/jieb.6489

Abstract

Indonesia mempunyai masalah keagenan yang unik. Konflik antara prinsipal denganprinsipal lebih mempengaruhi nilai perusahaan dibandingkan konflik antara prinsipaldengan manajer (agen). Kebijakan dividen memegang peranan penting dalam mengatasimasalah keagenan. Dividen dapat menjadi mekanisme pengikat (bonding) untuk mengikatkepentingan manajemen dengan kepentingan pemegang saham. Selain itu aliran kasbebas, dan aset sebagai kolateral (collateral assets) juga memegang peranan pentinguntuk mengurangi masalah keagenan antara pemegang saham dengan pemegang utang(debtholders). Aset kolateral merupakan mekanisme covenant utang untuk mengurangikonflik antara pemegang saham dengan pemegang utang (debtholders).Penelitian ini menguji hipotesis substitusi dalam teori keagenan antara dividen danstruktur kepemilikan (manajerial dan outsiders). Penelitian ini berargumen walaupunkebijakan dividen, dan struktur kepemilikan (manajerial dan outsiders) merupakanmekanisme untuk mengurangi konflik keagenan namun semua mekanisme yang ada selalusaling meniadakan, karena manajemen sangat memperhatikan biaya keagenan dariadanya pengendalian konflik keagenan. Sedangkan kaitan antara struktur kepemilikan,aliran kas bebas, dan aset kolateral juga mempunyai efek yang berbeda terhadap dividen.Penelitian ini menguji lima hipotesis yaitu hipotesis mengenai efek substitusi, asetkolateral, dan hipotesis pengaruh aliran kas bebas dalam menpengaruhi dividendibandingkan dengan struktur kepemilikan. Sampel adalah perusahaan non-keuanganyang terdaftar di Bursa Efek Jakarta (sekarang Bursa Efek Indonesia) selama perioda1995 sampai dengan 2004. Penelitian ini menggunakan model Logit dengan Andrew danHosmer-Lemeshow Goodness-of-Fit Tests, dan Wald test untuk menguji hipotesis. Hasilpenelitian mendukung hipotesis substitusi, dan aset kolateral sebagai debt covenant.Hipotesis mengenai aliran kas bebas tidak terdukung. Hal ini mengindikasikan bahwamanajer tidak bersedia mengorbankan aliran kas bebas untuk pemegang saham, sehinggakebijakan dividen dalam mengendalikan konflik keagenan kurang efektif di Indonesia.Masalah keagenan melalui ekspropriasi aliran kas bebas oleh manajer tidak berdampakbesar pada nilai perusahaan dibandingkan dengan ekspropriasi aliran kas bebas olehpemegang saham mayoritas.Keywords: Ownership Structures, Free Cash Flow, Dividend Policy, Agency Theory
BEBERAPA FAKTOR YANG MEMPENGARUHI KURS DOLLAR DI INDONESIA 1979 -1984, SUATU PENDEKATAN MONETER Miftachul Munir
Journal of Indonesian Economy and Business (JIEB) Vol 1, No 1 (1986): September
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (885.027 KB)

Abstract

Ketika devaluasi rupiah pada tanggal 15 Nopember 1978 sebesar 50%diumumkan, banyak yang bertanya-tanya tentang dasar perhitungan yang digunakanPeraerintah dalam menetapkan besarnya devaluasi tersebut. Pemerintah sengajamerahasiakan dasar perhitungan ini agar perhitungan tersebut tidak dijadikanpedoman berspekulasi.1) Akan tetapi banyak ahli ekonomi yang menduga bahwadasar perhitungan yang digunakan adalah teori Purchasing Power Parity (PPP).
MONDAY EFFECT: PENALARANAN LOGIS SEBAGAI AKIBAT DARI PENGARUH PSIKOLOGIS, PENGARUH PERIODE NONPERDAGANGAN, ATAU PENGARUH KOMBINASIAN KEDUANYA (Studi Empiris Berbasis Data Intraday, Bursa Efek Jakarta 1999-2005) sumiyana sumiyana
Journal of Indonesian Economy and Business (JIEB) Vol 22, No 2 (2007): April
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (456.323 KB) | DOI: 10.22146/jieb.6479

Abstract

This research tested Monday effect over day of the week. Especially, this researchinvestigated the existance or not of excessively negative intraday return on Monday which are notidentical in comparison with the same periods in others day. Having identified the existance ofMonday effect, this research continued to investigate the intraday returns on Monday trading andnontrading periods in comparison with intraday return in others day. This study used meancomparison F-test. This research resulted that nontrading weekend effect and psychological effectwere not fully supported, or the both effects were partially and incidentally only. Finally, thisresearch evidenced that Monday effect influenced by combination of nontrading weekend effectand psychological effect.Keywords: monday effect, intraday data, trading periods, nontrading periods, nontrading weekend effect, psychological effect
PERANAN AMBIGUITY DALAM PROSES ALIH PENGETAHUAN MELALUI ALIANSI STRATEJIK : STUDI EMPIRIK DI INDONESIA Chandra Alamsyah; Hendrawan Supratikno; Setyo Hari Wijanto
Journal of Indonesian Economy and Business (JIEB) Vol 21, No 2 (2006): April
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (454.659 KB) | DOI: 10.22146/jieb.37123

Abstract

This research investigates the influence of knowledge characteristics on the process of knowledge transfer within strategic alliances in Indonesia. Knowledge characteristics such as tacitness, specificity, complexity, experience, partner protectiveness, cultural distance and organizational distance, are hypothesized to have influence on the process of knowledge transfer, in which ambiguity acts as mediating variable. Adopting the model of Simonin (1999), 95 respondents were taken as the sample of this research. While the findings corroborate those of Simonin’s, we found that expertise to collaborate, capacity to learn, and the level of trust, did not change the influence of ambiguity on knowledge transfer. However, the length of alliance relationship matters, as it reduces the level of ambiguity.
ANALISIS ARAH KAUSALITAS (CAUSAL ORDERING) Gudono Gudono
Journal of Indonesian Economy and Business (JIEB) Vol 21, No 1 (2006): January
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (328.227 KB) | DOI: 10.22146/jieb.6495

Abstract

When researchers test a model that represents the effect an independent variable onanother—dependent-- variable, many researchers commonly do not further investigateabout the correctness of the causal direction of the model. Hypothesis testing of suchmodel is generally done by assuring that the model coefficients are statisticallysignificant assuming that the direction of the causality is indeed correct. Hence, thedirection of the causality of these models is simply ex ante assumed, which means that thedirection could be incorrectly stated. The effect of this mistake could be enormous,particularly if findings of the study, which adopt an incorrect causal order, are used forpolicy makingt. This study discusses two approaches in testing the causal ordering of amodel, i.e., the Granger and Sim’s tests as well as SCDTs test of causality, which couldbe either used in an experimental or nonexperimental setting. Findings of two empiricalresearches written by Gudono (2006) and Chong and Chong (2002) are discussed andused as an illustration.(Keywords: causal ordering, lagged- regression, the sequential Chi-Square Differences tests (SCDTs), Type I, Type II, and Type III errors).

Filter by Year

1986 2021


Filter By Issues
All Issue Vol 36, No 1 (2021): January Vol 35, No 3 (2020): September Vol 35, No 2 (2020): May Vol 35, No 1 (2020): January Vol 34, No 3 (2019): September Vol 34, No 2 (2019): May Vol 34, No 1 (2019): January Vol 33, No 3 (2018): September Vol 33, No 2 (2018): May Vol 33, No 1 (2018): January Vol 32, No 3 (2017): September Vol 32, No 2 (2017): May Vol 32, No 1 (2017): January Vol 31, No 3 (2016): September Vol 31, No 2 (2016): May Vol 31, No 1 (2016): January Vol 30, No 3 (2015): September Vol 30, No 2 (2015): May Vol 30, No 1 (2015): January Vol 30, No 1 (2015): January Vol 29, No 3 (2014): September Vol 29, No 3 (2014): September Vol 29, No 2 (2014): May Vol 29, No 2 (2014): May Vol 29, No 1 (2014) Vol 29, No 1 (2014): January Vol 29, No 1 (2014): January Vol 28, No 3 (2013): September Vol 28, No 3 (2013): September Vol 28, No 2 (2013): May Vol 28, No 2 (2013): May Vol 28, No 1 (2013): January Vol 28, No 1 (2013): January Vol 27, No 3 (2012): September Vol 27, No 3 (2012): September Vol 27, No 2 (2012): May Vol 27, No 2 (2012): May Vol 27, No 1 (2012): January Vol 27, No 1 (2012): January Vol 26, No 3 (2011): September Vol 26, No 3 (2011): September Vol 26, No 2 (2011): May Vol 26, No 2 (2011): May Vol 26, No 1 (2011): January Vol 26, No 1 (2011): January Vol 25, No 3 (2010): September Vol 25, No 3 (2010): September Vol 25, No 2 (2010): May Vol 25, No 2 (2010): May Vol 25, No 1 (2010): January Vol 25, No 1 (2010): January Vol 24, No 3 (2009): September Vol 24, No 3 (2009): September Vol 24, No 2 (2009): May Vol 24, No 2 (2009): May Vol 24, No 1 (2009): January Vol 24, No 1 (2009): January Vol 23, No 4 (2008): October Vol 23, No 4 (2008): October Vol 23, No 3 (2008): July Vol 23, No 3 (2008): July Vol 23, No 2 (2008): April Vol 23, No 2 (2008): April Vol 23, No 1 (2008): January Vol 23, No 1 (2008): January Vol 22, No 4 (2007): October Vol 22, No 4 (2007): October Vol 22, No 3 (2007): July Vol 22, No 3 (2007): July Vol 22, No 2 (2007): April Vol 22, No 2 (2007): April Vol 22, No 1 (2007): January Vol 22, No 1 (2007): January Vol 21, No 4 (2006): October Vol 21, No 4 (2006): October Vol 21, No 3 (2006): July Vol 21, No 3 (2006): July Vol 21, No 2 (2006): April Vol 21, No 2 (2006): April Vol 21, No 1 (2006): January Vol 21, No 1 (2006): January Vol 20, No 4 (2005): October Vol 20, No 4 (2005): October Vol 20, No 3 (2005): July Vol 20, No 3 (2005): July Vol 20, No 2 (2005): April Vol 20, No 2 (2005): April Vol 20, No 1 (2005): January Vol 20, No 1 (2005): January Vol 19, No 4 (2004): October Vol 19, No 4 (2004): October Vol 19, No 3 (2004): July Vol 19, No 3 (2004): July Vol 19, No 2 (2004): April Vol 19, No 2 (2004): April Vol 19, No 1 (2004): January Vol 19, No 1 (2004): January Vol 18, No 4 (2003): October Vol 18, No 4 (2003): October Vol 18, No 3 (2003): July Vol 18, No 3 (2003): July Vol 18, No 2 (2003): April Vol 18, No 2 (2003): April Vol 18, No 1 (2003): January Vol 18, No 1 (2003): January Vol 17, No 4 (2002): October Vol 17, No 4 (2002): October Vol 17, No 3 (2002): July Vol 17, No 3 (2002): July Vol 17, No 2 (2002): April Vol 17, No 2 (2002): April Vol 17, No 1 (2002): January Vol 17, No 1 (2002): January Vol 16, No 4 (2001): October Vol 16, No 3 (2001): July Vol 16, No 2 (2001): April Vol 16, No 1 (2001): January Vol 16, No 1 (2001): January Vol 15, No 4 (2000): October Vol 15, No 3 (2000): July Vol 15, No 2 (2000): April Vol 15, No 1 (2000): January Vol 14, No 4 (1999): October Vol 14, No 3 (1999): July Vol 14, No 2 (1999): April Vol 14, No 1 (1999): January Vol 13, No 4 (1998): October Vol 13, No 3 (1998): July Vol 13, No 2 (1998): April Vol 13, No 1 (1998): January Vol 12, No 3 (1997): July Vol 12, No 2 (1997): April Vol 12, No 1 (1997): January Vol 11, No 1 (1996): January Vol 10, No 1 (1995): September Vol 9, No 1 (1994): May Vol 8, No 1 (1993): September Vol 7, No 1 (1992): September Vol 6, No 1 (1991): September Vol 5, No 2 (1990): September Vol 5, No 1 (1990): April Vol 4, No 1 (1989): April Vol 3, No 1 (1988): September Vol 2, No 1 (1987): September Vol 1, No 1 (1986): September More Issue