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Susilo Nur Aji Cokro Darsono
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Jurnal Ekonomi & Studi Pembangunan
Published by Universitas Muhammadiyah Yogyakarta
ISSN : 14119900     EISSN : 25415506     DOI : https://doi.org/10.18196/jesp
Core Subject : Economy,
Economics, Econometrics & Finance
Jurnal Ekonomi & Studi Pembangunan (JESP) focuses on research papers relating to development economics and multidisciplinary concern to systemic problems in developing countries particularly using quantitative or theoretical work in which novelty is essential. JESP does not publish manuscripts in critical review and book review. Nevertheless, we accept in-depth studies of specific cases, events, or regions that are likely to bring more benefits on developing economics.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 15 Documents
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Search results for , issue "Vol 25, No 1: April 2024" : 15 Documents clear
The role of village development on stunting prevalence reduction in Eastern Indonesia Indriana, Intan Solikhah; Hartarto, Romi Bhakti; Fadhila, Tiara; Nugraha, Gilang Adi
Jurnal Ekonomi & Studi Pembangunan Vol 25, No 1: April 2024
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v25i1.22099

Abstract

Stunting has become a global priority in addressing health disparities among children. The study aims to investigate the autonomy of villages in reducing the prevalence of stunting in eastern Indonesia. The research data coverage is derived from sources with high credibility in Indonesia. The prevalence of stunting is obtained from the Indonesian Nutrition Status Survey by the Ministry of Health, while the Village Development Index is sourced from the Ministry of Villages. Panel data from 13 provinces in Eastern Indonesia for 2015-2022 are estimated using the Random Effect Model through the Generalized Least Squares method. The findings indicate that the Village Development Index significantly influences the reduction of stunting rates. This highlights the importance of local empowerment strategies in combating health disparities. Furthermore, the decrease in unmet Family Planning (FP) service needs, the decline in early marriages under 18 years, and the higher years of education contribute significantly to the reduction of stunting prevalence. This underscores the interconnection between social determinants and child health outcomes.
Does contract farming participation promote household’s food security for smallholders? Empirical evidence from Indonesia Sumartini, Ni Putu; Nasrudin, Rus’an
Jurnal Ekonomi & Studi Pembangunan Vol 25, No 1: April 2024
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v25i1.21783

Abstract

Contract farming has been extensively adopted as a strategy to overcome limitations in the market and enhance the well-being of farmers. Nevertheless, the extent to which it affects food security has not been sufficiently examined and is uncertain. Moreover, there is a lack of empirical evidence regarding the impact of contract farming on food security in Indonesia. To fill the existing research gap, this study employs propensity score matching (PSM) to mitigate selection bias in examining the impact of contract farming on the food security of smallholder farm households in Indonesia. It utilizes the 2021 Indonesia Agricultural Integrated Survey (SITASI) data, designed to monitor the indicators of sustainable development goals (SDGs) in the agriculture sector. The food insecurity experience scale (FIES) is used to measure food security. Our research shows that contract farming can potentially improve the food security of smallholder farm households in Indonesia. However, the overall impact can be considered minor. Contract farming has the potential to enhance food security, but it may not be adequate as a standalone solution. A comprehensive strategy, complemented by related policies such as innovative farming practices, technology adoption, and income-generation measures, is essential. Furthermore, our investigation revealed that this beneficial effect is particularly prominent among farmers residing in rural areas, female farmers, and farmers who do not own land or livestock. It indicates that contract farming can be a feasible tool for poverty alleviation, rural development, and woman empowerment. This study also found that factors such as location, market access, credit availability, gender, education, and exposure to agricultural training influenced contract farming participation.
Social assistance performance on local economic development: evidence from island regions in East Indonesia Amin, Chairullah; Zamzam, Irfan; Reviane, Indraswati Tri Abdi; Duko, Firdaus; Hasnin, Muhammad; Muhammad, Nurdin I; Hartarto, Romi Bhakti; Anwar, Cep Jandi
Jurnal Ekonomi & Studi Pembangunan Vol 25, No 1: April 2024
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v25i1.20988

Abstract

During economic uncertainty following the COVID-19 pandemic, social assistance is vital for alleviating the economic burden on the poor and vulnerable to poverty, particularly those residing in island-based areas. The research aims to measure the performance of social assistance programs in the regional economy of the North Maluku Archipelago Province. The study employs Data Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SFA) to measure efficiency values, with input variables including social aid, unemployment, and inflation, while the output variable is poverty. The results reveal that social assistance is ineffective in reducing poverty. Several obstacles, including the minimal budget allocation, inaccuracies in identifying assistance recipients, and insufficient time for aid distribution are identified as primary causes of the inefficiency of social aid programs. Updating poverty data into one unified and integrated dataset is essential for the efficiency distribution of social assistance. Accurate targeting and timely distribution are the keys to the effectiveness of social assistance programs in reducing poverty.
The role of investment for poverty alleviation in Yogyakarta: Evidence from logit regression Suripto, Suripto; Sukarniati, Lestari; Khasanah, Uswatun; Kurniawan, Mahrus Lutfi Adi; Istanti, Istanti
Jurnal Ekonomi & Studi Pembangunan Vol 25, No 1: April 2024
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v25i1.21060

Abstract

This article discusses the Solow-Romet theory of economic growth, aiming to explain the relationship between household poverty in the Province of Daerah Istimewa Yogyakarta (DIY) through investments in education, quality of life improvement, and health. The study examines various influence variables, including Non-Formal Education (XNF), Educational Scholarships (XBS), Protein Consumption (PK), Disease Prevention Costs (XL), Calorie Consumption (IK)), Health Insurance Variables (XAS ), and Food Security (XT) in assessing the poverty status of households in the Special Region of Yogyakarta in 2021. The estimation model employs a logit mode approach, using data from Susenas (National Socioeconomic) data for the Special Province of Yogyakarta, with a sample size of 4044 households. The findings of this study indicate that investments in non-formal education, school fees, and educational scholarships do not significantly affect family poverty status. However, increased investment in quality of life (such as calorie consumption) and health (including disease prevention and health insurance spending) will affect the poverty status of households in the Special Province of Yogyakarta in 2021.
Dynamics effect of volatility index, interest rates, and commodity prices on Indonesian bond yields Darsono, Susilo Nur Aji Cokro; Firman, Afrizal; Nugraha, Pazri; Isnaini, Nurul; Wardani, Dyah Titis Kusuma
Jurnal Ekonomi & Studi Pembangunan Vol 25, No 1: April 2024
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v25i1.22189

Abstract

Several factors influence the movements and dynamics of bond yields in financial markets. The determination of monetary policy, specifically the decisions regarding interest rates made by central banks, is a critical factor. Moreover, bond yields can be influenced by various factors such as geopolitical events, financial volatility, market sentiment, and investor risk appetite. These factors can impact the demand and supply dynamics in bond markets. This research aims to analyze the influence of Interest Rates, IDR to USD Exchange Rates, Volatility Index (VIX), Gold and Oil Prices on Bond Yields in Indonesia. The data used in this research is secondary data, which consists of time series data from 2019-2023. This research investigates the impact of financial and commodity prices on bond yields in Indonesia by using the autoregressive distributed lag (ARDL) model to examine both the long-run correlation and short-run effect. Empirical results found that Interest Rate, Volatility Index (VIX), and Oil Prices have a significant positive influence. Meanwhile, the Gold Price variable has a significant negative influence. This research has several crucial policy implications for investors concerning the national monetary policy, exchange rate fluctuation, and global volatility index to create profitable and sustainable portfolio strategies. Moreover, investment managers and investors should be concerned about the global commodities prices that will affect bond yield performances. This research contributes to the recent literature presenting causal relations of global volatility index (VIX) on Indonesian bond yield. 

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