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INDONESIA
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 309 Documents
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THE EFFECT OF EDUCATIONAL ATTAINMENT AND WORK EXPERIENCES ON EARNINGS IN INDONESIAN MANUFACTURING SECTORS Shidiqi, Khalifany Ash; Pasiya, Anggun
Jurnal Ekonomi & Studi Pembangunan Vol 20, No 2: October 2019
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.20.2.5021

Abstract

This study examines the effect of educational attainment and work experiences on the earnings of workers from the manufacturing sector in Indonesia. For the last seven years, this sector contributes the most GDP share (approximately more than 20%) compared to other largest sectors, namely agriculture, forestry, and fishery, as well as wholesale and retail trades. Interestingly, the manufacturing sector has the lowest number of workers compared to other mentioned sectors. Based on this comparison, the manufacturing sector likely requires workers who have a good educational background and work experience. Moreover, workers in the manufacturing sector have higher earnings compare to the other two sectors for almost all educational attainments, and its rate is increasing along with the incremental level of education. The study estimates are based on the Mincerian wage equation with a broad cross-section data of the Indonesian Family Life Survey (IFLS) wave 5. The results show that educational attainment and work experiences are significantly and positively correlated with earnings in both urban and rural areas.
An Integrated Pest Management System Development: An Economic Valuation Analysis Syarif, Nur Yulia; Waridin, Waridin
Jurnal Ekonomi & Studi Pembangunan Vol 21: October 2020
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.21.2.5042

Abstract

This study aims to determine the socio-economic characteristics of Tajuk Village farmers and determine the conditions as well as management of agriculture on broccoli and cabbage vegetables, also designing alternative proposals for management of conventional farming systems into agriculture using an Integrated Pest Management system in Tajuk Village, Semarang District. By using Mix Method, a combination of qualitative and quantitative approaches, the research was to determine the amount of farmers’ willingness to pay using the Contingent Valuation Method and see the benefits that could be obtained with a different farming system. The results showed that by using the Willingness to Pay (WTP) Analysis, there were 94.55% of farmers in Tajuk Village who were willing to pay the value of the offer given. Thus, it obtained an average value of WTP of IDR 41,000 with a total value of WTP on changes in the Integrated Pest Management system of IDR 3,034,000 per harvest. Besides, the total annual WTP value was IDR 6,068,000. This WTP value can be used as the cost of planning the development of an Integrated Pest Management system in Tajuk Village by collaborating with the development plan by the Stakeholders in the planned program involvement. The stakeholders classified as key players were the Agriculture and Plantation Office, Horticultural Food Crops Research Institute (BPTPH), Pest Disease Control (PHP), Plant Disturbing Organism Observers (POPT), and Head of Farmer Groups. The actors were the Village Authority, Sub-district Authority, and business people. While academics act as context setters.
Do Corporate Social Responsibilities Support Its Financial Performance? Evidence of the Listed Firms in Vietnam Minh, Tran Dang Thanh; Hong, Pham Thi Thu; Anh, Le Thi
Jurnal Ekonomi & Studi Pembangunan Vol 23, No 1: April 2022
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v23i1.14187

Abstract

In the latest decades, corporate social responsibilities (CSR) are incrementally noticed in emerging countries regarding to the surge of globalization and the advance of social concerns. However, there exist opposing arguments on how CSR practices influence a firm’s financial performance (CFP), either in theoretical or empirical perspectives, causing many managers’ hesitation in CSR engagement. This study, therefore, examines the impacts of CSR on CFP, considering the individual effect of each CSR endeavor by using the data from listed firms’ financial statements during the period 2015-2019 and panel regression analysis methods. The findings reveal inconstant effects of different CSR activities on CFP. Specifically, a firm’s fulfillment of shareholders’ and customers’ interests contributes to raise its profitability, while its engagement in the benefits of employees and creditors causes a reduction in financial returns. Interestingly, the correlations between firms’ responsibilies towards regulators and suppliers and CFP are statistically insignificant. Furthermore, we make pairwise marginal comparisons to identify the distinctions of CSR-CFP relations across industries. The results only indicate that listed firms in Utilities sector have the lower level of CSR intensity than those in Consumer Discretionary and Consumer Staples sectors. The implications and limitations are also discussed in this study.
DAMPAK EKSPEKTASI DAN VOLATILITAS HARGA PADI TERHADAP ALOKASI LAHAN TANAM PADI DI INDONESIA Nurhayanti, Yanti; Soetjipto, Widyono
Jurnal Ekonomi & Studi Pembangunan Vol 18, No 1: April 2017
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.18.1.3559

Abstract

This paper aims to look at the impact expectations and volatility of the price of rice and corn to the acreage of rice in Indonesia. It is expected that with this paper can contribute academically. BBy using a panel data in district paddy, period 2011-2015, empirically proven expectations rise in price rice may increase the acreage of paddy. The volatility of the price rice paddy decreased acreage of rice.By using a panel data in district paddy, period 2011-2015, empirically proven expectations rise in price rice may increase the acreage of paddy. The volatility of the price rice paddy decreased acreage of rice.y using a panel data in district paddy quarterly period 2011-2015, empirically proven expectations rise in price rice may increase the acreage of rice. Increase the volatility of the price rice can decrease allocation acreage of rice. The estimation results with SYS-GMM method showed any increase in price rice expectations 1% can improve the allocation of planting 0,2500%. The volatility of rice can decrease 0,0051%  acreage of rice ceteris paribus. While the increase volatility of corn prices can increase the allocation of land for planting rice 0,0049% ceteris paribus. The estimation results also indicate that the allocation of land planting rice more responsive than planting corn land allocation to alter expectations and price volatility. Policy price /HPP for farmers are not guaranteed to improve the allocation of arable land rice in each planting season.
GROSS REGIONAL DOMESTIC PRODUCT FORECASTS USING TREND ANALYSIS: CASE STUDY OF BANGKA BELITUNG PROVINCE Oktaviana, Nurmalita; Amalia, Nurisqi
Jurnal Ekonomi & Studi Pembangunan Vol 19, No 2: October 2018
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.19.2.5005

Abstract

Gross Regional Domestic Product (GRDP) is one of the important indicators to determine the economic conditions in the region. This study aims to forecast the Gross Regional Domestic Product (GRDP) of the Province of Bangka Belitung Islands which is dominated by tourism sector. This forecasting to be expected to give information to formulate a type of policy action that will be conducted by decision makers based on GRDP data. GRDP data are from the first quarter of 2010 to the fourth quarter of 2017 on the basis of constant prices in 2010. Data sources are obtained from Central Bureau of Statistics (BPS) of the Province of Bangka Belitung Islands. The forecasting method used is the research is trend analysis. The results of the GRDP forecasting of Bangka Belitung Province in the first quarter of 2018 to the fourth quarter of 2022 shows an increasing trend. It can be seen from historical data that shows an increasing trend as evidenced from the graph on linear trends. The increasing trend in GRDP of the Bangka Belitung Islands Province for the next five years is supported by government policies that prioritize the tourism sector. Consequently, by prioritizing the tourism sector, this will increase economic growth and can reduce GRDP dependency on mining sector, especially tin that has been continuously decreased.
Capital Inflows and Industrial Performance in Nigeria: Including the Excluded Adekunle, Ibrahim Ayoade; Ogunade, Ayomide Olayinka; Kalejaiye, Toluwani Grace; Balogun, Adewale Musliudeen
Jurnal Ekonomi & Studi Pembangunan Vol 21, No 1: April 2020
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.21.1.5030

Abstract

Africa most populous black nations remain underdeveloped, mainly due to shambolic industrial sector performance. Rising problems of insecurity, corrupt practices, consumerism structure have made gains from capital inflows minimal. Little is empirical credence has been leaned to the capital inflow-industrial output growth relationship in Nigeria. This anomaly has resulted in shortsighted policy formulation and attendant consequences. This paper examined international capital flows and industrial performance in Nigeria. The paper employed the two-step Engle and Granger estimation procedure and the Granger Causality to estimates parameters of the indices of industrial output growth and capital inflows to Nigeria. Findings revealed that labour participation, gross fixed capital formation, foreign direct investment (FDI) and portfolio investment have a significant positive relationship with industrial performance in Nigeria. Findings also revealed unidirectional causality from labour participation, gross fixed capital formation, foreign direct investment (FDI) and portfolio investment to industrial performance in Nigeria. Based on the findings, the Nigerian government should create an enabling environment to attract more capital inflow that could augment domestic resources with the sole aim of growing the industrial sector.
Do Institutions Cause Growth? Evidence from Asian Countries Kharisma, Bayu; Wardhana, Adhitya; Sofyan, Mohammad Naufal Faisal
Jurnal Ekonomi & Studi Pembangunan Vol 23, No 1: April 2022
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v23i1.13897

Abstract

A well-maintained political stability and economic freedom can encourage economic growth through investment, human capital, and technological developments. Adverse phenomena such as the Asia Rohingya conflict and uprisings in the Middle East conflict create an unstable political and economic environment, requiring institutions to develop an ideal environment for investors. This paper aims to identify the effect of political and economic institutions on economic growth. This paper uses panel data from developing Asian countries in 2009-2018 using the system GMM model. The results indicate that economic institutions have a positive and significant effect on economic growth. However, political institutions have no significant effect on economic growth. These results indicate that economic institutions have an essential role in maintaining and controlling the activities of emerging markets in Asia. Good institutions have to be in place to prevent fraud in market activities. In addition, economic freedom is one of the critical factors in attracting investment into the country to have a spillover effect on technological development.
The Effect of External and Internal Factors on Financial Performance of Islamic Banking Istan, Muhammad; Fahlevi, Mochammad
Jurnal Ekonomi & Studi Pembangunan Vol 21, No 1: April 2020
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.21.1.5036

Abstract

Macroeconomic factors and internal factors are variables that affect sharia banking. These factors are GDP, inflation, and interest rates, FDR, OER, which can affect directly or indirectly, the financial performance of sharia banks in Indonesia. The result has shown GDP has a significant positive effect on ROA, it is matching with several previous research, Inflation has no significant and negative effect on ROA, because when inflation central bank will give policy to increase BI rate, and sharia bank doesn’t affect with interest rate because interest is riba, interest rate has no significant effect on ROA because sharia bank doesn’t effect with interest but use profit and loss sharing to financing, so in macroeconomic the result only GDP has significant and positive effect on ROA. The result has shown FDR has no significant effect on ROA but has positive effect and the result match with previous research in relationship FDR and ROA, OER has a significant negative effect on ROA
Social Networks-Budgetary Discipline Linkages in Sub-National Entities Onyango-Delewa, Paul
Jurnal Ekonomi & Studi Pembangunan Vol 22, No 1: April 2021
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v22i1.10576

Abstract

This research intervenes with the seemingly endless empirical debate that seeks explanation to the notorious budgetary discipline problem in the local government. Some scholars attribute it to social networks, but others emphasize entity internal control systems. Supported by budgetary theory-structural equation modeling (SEM) triangulation, the researchers examined data from 33 districts, seven municipalities, and 345 sub-counties in Uganda (East Africa)’s north-western and eastern regions. The SEM results revealed that socio-economic structures and partisan politics are key social network constructs to predict budgetary discipline. However, another attribute, ethnicity, is not. Additionally, the internal control system mediates the social networks-budgetary discipline relationship as initially anticipated. Implications for theory and practice are discussed.
MEMAHAMI KARAKTER KEMISKINAN PERKOTAAN DENGAN PENDEKATAN OBSERVASIONAL Yandri, Pitri; Juanda, Bambang
Jurnal Ekonomi & Studi Pembangunan Vol 19, No 1: April 2018
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.19.1.4276

Abstract

Conceptually, there are many views in viewing the concept of poverty. So the issues may include social, economic, cultural and even political aspects. In spatial aspect, National Statistics Bureau (BPS) has also made distinctions between rural and urban poverty since 1999. This variance sometimes makes it difficult for undergraduate researchers to conduct an assessment of this issue. Therefore, this article attempts to analyze and strive to understand the character of urban poverty by using fourteen measures used by BPS. Fourteen indicators were then tested in the field using survey and observation methods. The results of the survey and observation are discussed further in this article

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