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Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan
Published by Universitas Muhammadiyah Surakarta
ISSN : 14116081     EISSN : 24609331     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan is a scientific journal that contains the results of theoretical research and studies on economic and development issues. Managed by Department of Development Economics, Faculty of Economics and Business Universitas Muhammadiyah Surakarta. Published by Muhammadiyah University Press.
Arjuna Subject : -
Articles 979 Documents
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Hedging Ratio Measurement Methods and Hedging Effectiveness in Jakarta Futures Exchanges Buddi Wibowo
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 18, No 1 (2017): JEP 2017
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v18i1.3473

Abstract

Estimation method of  hedge ratio is a crucial step in hedging strategies in the commodity futures market. This study examines the effectiveness of hedging strategy against cash position in Indonesia’s cocoa beans and Robusta coffee spot market using three hedge ratio estimation methods: OLS, Vector Error Correction Model, and Threshold-ARCH. The results show the hedging effectiveness in the Jakarta Futures Exchange is considerably highly effective to reduce the impact of fluctuations of spot price. The effectiveness of hedging strategy using  OLS as the  simplest method is close to VECM method and TARCH. Implementation OLS hedge ratio resulted  the highest hedging  effectiveness and give a strong support for market players in executing a hedging strategy in Jakarta Futures Exchange due to OLS  simplicity in estimation procedure
MODEL PEMBERDAYAAN MASYARAKAT Kesi Widjajanti
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 12, No 1 (2011): JEP Juni 2011
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v12i1.202

Abstract

The issue in this research is how to improve society ability through process human and physical capital. The relation between capital and ability improvement will be examined in this research by placing process empowerment as mediating variable to explain the activities involved. The data used in this study are primary and secondary data. The primary data was collected using survey method technique through questionnaire. Furthermore statistical analysis was used Structural Equation Modeling (SEM) of Smart Partial Least Square. This research has found two ways as path patterns directed to the increasing of society ability, which are (1) pattern consist of “two creating stage” to society ability, and (2) These pattern show that to improve society ability need “three stage” of process activity. The correlation is while the empowerment process increases higher, it will impulse the creating of society ability. The implementation of this research’s result, stated that if the empowerment wants to develop human capital, it will be better if the empowerment is supported by apply the developing ability of subject empowerment.
Effectiveness of Household-Based Poverty Programs: Lesson Learn from Indonesia Luh Gede Meydianawathi; Ni Putu Wiwin Setyari
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 19, No 2 (2018): JEP 2018
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v19i2.5230

Abstract

implemented in fact it does not negates the poor, but at least they try to reduce the amount. Indonesia so far has various poverty programs aimed at different groups based on the primary target, ranging from household (cluster one), a community or group of communities (clusters two), and small and medium enterprises (cluster three). This study aims to look at the effectiveness of the implementation of the government's poverty programs mainly intended for households. Specific target to be achieved is nothing but a refinement of the targeting mechanisms and beneficiaries of the program. The results are expected to contribute to the policy assessments of poverty alleviation program and their perfecting in the future. Analyzes used data of Indonesia Family Life Survey (IFLS) in 2007 and 2014. In accordance with its objectives, there are three policies that would be seen its impact on household welfare indicators, namely the health policy (ASKESKIN), consumption policy (BLT) and education policy (BSM). The test results show if the three policies programs targeting households poverty alleviation do not have the same effect on the changes in household income. Direct cash assistance (consumption policy/BLT) was most effective compared to other programs. Therefore it can be concluded if these three programs have different effects at different time periods, so it must be applied in accordance with the needs.
POLA PENGELUARAN PANGAN RUMAH TANGGA MENURUT TINGKAT KETAHANAN PANGAN DI PROVINSI JAWA TENGAH Yunastiti Purwaningsih; Slamet Hartono; Masyhuri Masyhuri; Jangkung Handoyo Mulyo
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 11, No 2 (2010): JEP Desember 2010
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v11i2.327

Abstract

This research analyzes the system of food expenditure based on the household food security level in Central Java. The household food security levels are classified into four levels, consisting of food-secure, food-less secure, food-vulnerable and food-insecure. The data used are the Susenas data in the form of raw data. The results show that there are significant differences in the proportion of food expenditure among the households of food-secure and food-less secure to the households of food-vulnerable and food-insecure. In each level of household food-secure, household expenditure on instant foods and drinks shows the highest proportion compared to other food groups. The more insecure foods in a household, the higher expenditure proportion for tobacco. In each household group based on the level of food-secure, the households in urban areas have a smaller proportion of rice expenditure compared to the households in rural areas. Based on these results, hopefully the handling priority for the foodsecure problem should be better given to the household groups of food-vulnerable and foodinsecure.
PRIVATISASI BUMN DALAM PERSPEKTIF EKONOMIKELEMBAGAAN Anton Agus Setyawan
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 3, No 2 (2002) : JEP Desember 2002
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v3i2.3929

Abstract

Indonesia's government has been encouraging privatization programfor their corporation (BUMN). This program exists due to two mainreasons. First, privatization could be a way to solve the fiscal deficitproblem. Second, it proves to be one of the logical way to increaseBUMN's performance. This articles tries to analyze privatization byusing institutional economics approach. Institutional means aconvention or an appropriate manner in human's behavior whichresults a predictability in human inter-relationship. The tools ofanalyses of institutional economics is The Hierarchy of Public PolicyModel. This model could analyze the steps of public policy decisionsin privatization paradigm, wether pro-privatization or contra-privatization. This article also shows a few empirical results ofprivatization and how to buid an encouraging condition to improvethe result of this program
Linkages between Economic Growth, Poverty and Environmental Quality in Indonesia Bagus Sumargo; Rahadita Nur Haida
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 21, No 1 (2020): JEP 2020
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v21i1.8262

Abstract

The biggest obstacle to sustainable development in Indonesia is due to social-environmental factors. The objective of this study is to identify lever variables in the intended socio-environmental factors through dimensional analysis in sustainable development. By using the path analysis methods and secondary data on economic growth, the number of poor people and an index of environmental quality in Indonesia, 2016, it can be proven that poverty has a direct negative effect on environmental quality. This makes it possible to occur in the rural poverty typology because their needs for life depend on natural resources. Therefore, poverty reduction policies should be prioritized in reducing the number of poor people in rural areas.
Causality Between Urban Concentration and Environmental Quality Amin Pujiati; Dyah Maya Nihayah; Prasetyo Ari Bowo
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 16, No 1 (2015): JEP Juni 2015
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v16i1.937

Abstract

Population is concentrated in urban areas can cause the external diseconomies on environment if it exceeds the carrying capacity of the space and the urban economy. Otherwise the quality of the environment is getting better, led to the concentration of population in urban areas are increasingly high. This study aims to analyze the relationship of causality between the urban concentration and environmental quality in urban agglomeration areas. The data used in the study of secondary data obtained from the Central Bureau of statistics and the City Government from 2000 to 2013. The analytical method used is the Granger causality and descriptive. Granger causality study results showed no pattern of reciprocal causality, between urban concentration and the quality of the environment, but there unidirectional relationship between the urban concentration and environmental quality. This means that increasing urban concentration led to decreased environmental quality.
IMPLEMENTASI PEMBANGUNAN DAERAH: STRATEGI MANAJEMEN SUNGAI "KALI SEMARANG" Harry Soesanto
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 6, No 1 (2005) : JEP Juni 2005
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v6i1.4011

Abstract

The stream of Semarang river starts from the southern part of Semarang, precisely from Kaligarang dam, then down to east until near Kariadi General Hospital and Flower market (defined as upper-stream) and passes behind Lawang Sewu building, Mayor Semarang Office, and Jalan Inspeksi in Thamrin (defined as middle-stream). To the north, goes to China town, Johar Market, Mberok Bridge and stream down to Java Sea (defined as lower-stream).Until 1970 's, Semarang River was remaining used by community for washing, bathing and rearing fish. Even reach to early 1980 's many home industry of 'tempe-tahu' (a kinds of dish made by soyabeans which famous known as Javanese dish) utilized this river to wash the raw materials. However, all of those activities were dramatically gone due to the river is no longer sufficient to accommodate these purposes. Today, Kali Semarang is utilized by community for sewage, disposing garbage and drainage. The river body of Semarang River becoming shallow and narrower, then adversely due to the riverbank are utilized for illegal settlement and other purposes.Institutional analysis and co-management approach that introduced by ICLARM (now is known as Wolfish) and defined in Pomeroy and William (1994) and Kuperan et al (2003) were employed to analyze the situation of Semarang River. The study found that involvement of community only is not enough to manage the river of Semarang. The government is the most suitable one since has authority, resources, and funding if to be compared by the other components of stakeholder.
PENERAPAN METODE VECTOR AUTO REGRESSION DALAM INTERAKSI KEBIJAKAN FISKAL DAN MONETER DI INDONESIA Adrian Sutawijaya; Etty Puji Lestari
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 14, No 1 (2013): JEP Juni 2013
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v14i1.151

Abstract

The purpose of this study is to analyze the interaction of fiscal and monetary policy in Indonesia, especially after the introduction of fiscal and monetary policy shocks. The research method used is the vector autoregression (VAR). VAR is usually used for projecting coherent system variables and time to analyze the dynamic impact of disturbance factors contained in the system variables. Variables used in this study is the level of interest rates as a proxy for monetary policy instruments, government expenditures as a proxy for fiscal policy, inflation rates and national income. The results show that fiscal policy is a negative shock to inflation and responded with a tight monetary policy, while the shock in monetary policy will reduce national income. The application of fiscal and monetary policies that will effectively promote economic growth.
Measuring the Impact of Urban Air Pollution: Hedonic Price Analysis and Health Production Function Endah Saptutyningsih; Ahmad Ma’ruf
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 16, No 2 (2015): JEP Desember 2015
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v16i2.1459

Abstract

This study aims to value air quality from the urban housing market in Yogyakarta City. It is also provides estimation of marginal willingness to pay for the air quality improvement and estimation of the consumer surplus due to reduce of air quality. The methodological framework for estimation is based on a hedonic price model. The result of hedonic price method concludes that by adopting a two-stage estimation procedure to estimate the relationship between air quality and property value, on the average, an increase in the level of O3 by one percent will increases the property price by 0.063 percent. By using a health production function and demand function mitigation can be seen that the medical history of the individual has effect on the number of working days lost. Meanwhile, O3 pollution has positive effect on the amount of medical expenses for mitigation. Decreasing in O3 pollution causes a decrease in the level of medical expenses to mitigate. Therefore, it is important to reduce the negative impacts of air pollution.

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