cover
Contact Name
-
Contact Email
-
Phone
-
Journal Mail Official
-
Editorial Address
-
Location
Kota surabaya,
Jawa timur
INDONESIA
JDE (Journal of Developing Economies)
Published by Universitas Airlangga
ISSN : 25411012     EISSN : 25282018     DOI : -
Core Subject :
The Journal of Developing Economies (JDE) is a journal published by the Department of Economics, Faculty of Economics and Business, Airlangga University with the ISSN 2541-1012 (print version) and 2528-2018 (online version). This journal is published every 6 months, June and December, through a review process from both internal (Airlangga University) and external reviewers.
Arjuna Subject : -
Articles 166 Documents
Resiliency of Investment Climate in East Java on Labor Supply Shock and Quality Of Infrastructure Hudaifah, Ahmad; Bambang Tutuko; Andi Zulfikar Darussalam
Journal of Developing Economies Vol. 3 No. 1 (2018)
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (613.291 KB) | DOI: 10.20473/jde.v3i1.8454

Abstract

In this study by taking the East Java region as a case study, the research will focus on the resilience of the investment climate on labor fluctuations and the deterioration of infrastructure quality. The data used are at district and city level in East Java starting from year 2007 until year 2014 which is yearly. Dependent variable in this research is total investment (INVESTMENT) that enters into districts and cities in East Java in the form of foreign direct investment (PMA) and domestics investment (PMDN), while the independent variable is divided into two categories namely labor supply shock and infrastructure quality. To represent employment conditions, several independent variable were selected namely human development index (HDI), labor force participation rate (LFPR), and district / municipal minimum wage (UMK). The other independent variables representing the quality condition of the infrastructure consisted of good road length (ROAD), power supply electricity (electricity) and government expenditure on infrastructure (GMODAL). By using panel data regression analysis in 38 districts in East Java, it can be concluded that the coefficient of UMK that contradicts with the theory can be explained from the phenomenon of data where, the minimum wage increase of city districts start 2007 to 2013 slightly has impact on the total investment value. On the other hand, infrastructure variables such as roads, electricity and allocation of government funds do not significantly affect the value of investment in East Java. Keywords: Data Panel Regression, Fixed Effect Model, Minimum Wage and Infrastructure.
Impact of Government Fiscal Space and Manpower to The Gross Domestic Products of Indonesia Period 1990-2015 Enjarwati, Tria; Djoko Mursinto
Journal of Developing Economies Vol. 3 No. 1 (2018)
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (364.721 KB) | DOI: 10.20473/jde.v3i1.8562

Abstract

To purpose of this study was to examine and analyze the effect of fiscal space and labour absorption to Indonesia Gross Domestic Product (GDP) within period 1990-2015. This study uses the least squares method or Ordinary Least Square (OLS) with time series data. Variables used in this study is the Gross Domestic Product (GDP) as the dependent variable, whereas for independent variables using the fiscal space and labour absorption. The results of regression calculations using the least squares method or Ordinary Least Square (OLS) in this study indicate that the fiscal space variable has a positive significant effect, and labour absorption variable has a positive significant effect to indonesia Gross Domestic Product (GDP). Keywords: Gross Domestic Product (GDP), Fiscal Space and Labor Absorption, Ordinary Least Square (OLS)
Efficiency Analysis of State Budget on Agricultural Development in Indonesia 2012-2016 Salama, Sri Cahyaning Umi
Journal of Developing Economies Vol. 3 No. 1 (2018)
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (352.486 KB) | DOI: 10.20473/jde.v3i1.8596

Abstract

Indonesia is still far behind compared to other Asian countries in agriculture. The technology and the availability of pre-facilities are still inadequate because of the many obstacles that hamper agricultural development. Agricultural development is a major component of rural development. One way to help the process of agricultural development is with the ease of access to finance. The State through the Ministry of Agriculture continues to make efforts in encouraging the development of domestic agriculture. Funds distributed are not small so it is necessary to calculate the efficient use of state budget funds in agricultural development in Indonesia. This study aims to measure the level of efficiency of the state budget for the agricultural sector. The data used are secondary data derived from the Ministry of Agriculture's financial report from 2012 to 2016. The method used is Data Envelopment Analysis (DEA) with input oriented and output oriented with Variable Returns to Scale (VRS). The input variable used is the realization of State Budget (APBN) for agriculture sector, while the output variables used are Farmer's Exchange Rate (NTP), Gross Domestic Product, and Farmer Productivity. The results show that the year 2015 becomes a very inefficient year both in terms of input oriented and output oriented. The increase in the realization of state expenditures for agriculture is not balanced by significant results, even in 2016 where the relatively small increase in the realization of the agriculture sector budget has had a comparable impact. Keywords: Efficiency, realization Budget expenditure, agricultural development
Determinant of Indonesian Manufacturing Output Dhina, Arga Prati; Wasiaturrahma, Wasiaturrahma
Journal of Developing Economies Vol. 3 No. 1 (2018)
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (570.39 KB) | DOI: 10.20473/jde.v3i1.8686

Abstract

The role of manufacture in Indonesia influence the economic growth. This research aims to observe and analyze influencing factors of manufacturing sector output in Indonesia. The research method used Error Correction Model (ECM) at period 2005 in 1stquartal – 2017 in 4thquartal. This research used secondary data from Statistik Ekonomi dan Keuangan Indonesia (SEKI) and Federal Reserves. The results of the study show that in long term estimation lend interest rate and inflation have negative and significant impact, whereas FDI has positive and significant impact towards manufacturing sector output. Otherwise, in short term estimation show that lend interest rate has negative and significant impact, while inflation and FDI have no significant impact towards manufacturing sector output.   Keywords: ECM, real exchange rate rupiah/USD, inflation, lend interest rate, FDI, manufacturing sector output
Poverty Rate During The 1998 and 2008 Crisis Period in 5 ASEAN Countries Firmansyah, Ridho; Kusreni, Sri
Journal of Developing Economies Vol. 3 No. 1 (2018)
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (40.895 KB) | DOI: 10.20473/jde.v3i1.9209

Abstract

This study aims to examine and analyze the effect of GDP per capita, Inequal distribution of income, unemployment, population growth and government spending on education on poverty in five ASEAN countries. This study uses panel data regression equation using the Fixed Effect Model (FEM). The results showed that the effect of GDP per capita, Inequal distribution of income, unemployment, population growth and government spending on education affects simultaneously on poverty. While partially each independent variable have different effect on poverty in five ASEAN countries.   Keywords: Poverty, Inequality Income Distribution, GDO Per Capita, Unemployment, Population Growth, Government Spending, FIxed Effect Model
Identified of Tobacco Industry Development in East Java: Error Correction Model Approach and The Tripled Layer Business Canvas Model Application Mu'min, M Silahul; Anggara, Yoga Pury; Maulana, Reza Bagas
Journal of Developing Economies Vol. 3 No. 2 (2018)
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1039.013 KB) | DOI: 10.20473/jde.v3i2.10782

Abstract

The agricultural sector is one of the main sectors in the Indonesian economy in addition to the industrial sector and the trade sector. In addition to the purpose of meeting the basic needs of the community, the agricultural sector also contributes to the Indonesian economic structure. In 2018, BPS (Central Statistics Agency) noted that the agricultural sector contributes 14% to GDP (Gross Domestic Product). East Java Province has enormous potential for the development of the agricultural sector today. Agriculture is still a leading sector for the economy of East Java in the digital era as it is today. Tobacco is one of the agricultural derivatives commodities that have an important contribution in the economy. Based on data from the Central Statistics Agency (BPS) from 2010-2016, there are four regions with large tobacco production in East Java, namely Jember, Probolinggo, Situbondo and Bojonegoro, which account for 2.01% of Java's Gross Regional Domestic Product (GRDP) East in 2016 with a gross added value of Rp. 27,321 billion. Business competition in the current digital economy era requires industry to be able to try to increase production capacity in the face of competition with similar industries. The purpose of this study is to analyze the factors that influence the development of the tobacco industry both in the short and long term and provide recommendations for sustainable and competitive tobacco industry development policies. This study uses the Panel Vector Error Correction Model (PVECM) method and the preparation of industrial development recommendations based on the Triple Layered Business Model Canvas (TLBMC). The results showed that the level of GRDP and land productivity were the main factors influencing the development of the tobaccoindustries and canvas in TLBMC capable of being the basis for supporting the development of the tobacco industry that is more holistic in the orientation of sustainable innovation business by considering three perspectives namely economic, environmental, and social impacts.   Key words : Panel Vector Error Correction Model, Tobacco of industriy, Triple Layer Business Model Canvas
Factors Influencing Profit Efficiency of Banking in Indonesia Kadang, Juliana; Djoko Mursinto; Rudi Purwono
Journal of Developing Economies Vol. 3 No. 2 (2018)
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (799.558 KB) | DOI: 10.20473/jde.v3i2.9211

Abstract

This study intends to test, analyze, and verify the influence of bank size, capital adequacy, liquidity, credit risk, and market power on commercial banks profitability. Quantitative research methods applied in this study are explanatory method, which aims to analyze the influence of independent variables on dependent variable and descriptive method to describe the object studied. The study also applies Stochastic Frontier Analysis (SFA) approach to estimate the technical efficiency of commercial banks. The results show that bank size, capital adequacy (CAR), liquidity (LDR), credit risk (NPL) and market power significantly affect the profitability of commercial banks in Indonesia in the period of 2010-2016. The result of yearly financial report of each bank is caused by the fact that: 1). some banks are in the process of mergers; 2). the allowance for impairment losses on financial assets and non-financial assets increased primarily with banks in the merger process; 3). banks have credits in default status and under special surveillance with an increasing amount of credits from year to year.   Keywords: Profit Efficiency, Bank Size, Capital Adequacy, Liquidity, Credit Risk, and Market Power. JEL Classification: G21, E22, G32, L11  
Determinants of Demand For Money and The Velocity of Money in Indonesia Prasetyo, Alvin Sugeng
Journal of Developing Economies Vol. 3 No. 2 (2018)
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (780.77 KB) | DOI: 10.20473/jde.v3i2.10464

Abstract

The demand for money is one of many monetary economics topics that is popular in every country. This study aims to test and analyze some influential factors of the demand for money and the velocity of money in Indonesia. The data source of this study takes from the International Financial Statistics. The method used is ARDL with a period of 2000Q1-2017Q4. The result of the analysis shows that all the variables are stationary on the I (0), a Bound test shows there are cointegration and the selected model that is ARDL (4, 2, 0, 0, 0). The study concludes that the economic growth and the growth rate of the rupiah/USD give a significant effect toward the growth of M2 in the long term and short term, and the velocity of money in Indonesia has an increased trend. Keywords: M2, ARDL, economic growth, the growth rate of the rupiah/USD JEL Classification: O49
Input-Output Analysis: a Case Study of Transportation Sector in Indonesia Muryani; Swastika, Rosario Bedi
Journal of Developing Economies Vol. 3 No. 2 (2018)
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (490.899 KB) | DOI: 10.20473/jde.v3i2.9650

Abstract

This study Aimed to analyze the transport linkages and multiplier effects of each subsector of transport when there is a change in the budget of the transport sector in the Indonesian economy. This study uses an analytical tool input - output models of Indonesia in 2010, with 185 sectors. Input - output models is used to analyze the relationship backwards and forwards in the transport sector of the Indonesian economy and the multiplier effect on the Indonesian economy as a whole. Results of the analysis Showed that the transport has a total backward linkage high while total forward linkage of transport is relatively low. This is an indication that transportation plays in attracting and developing the upstream sector, but less instrumental in developing the downstream sector. The results Obtained from the analysis of the output multiplier effect when a decline in the transport sector budget has a high value, while the income multiplier and labor multiplier when a decline in the transport sector budget has a low value. This shows a Decrease in the budget in the transport sector can reduce the production output of the Indonesian economy but less budget reduction effect on income and employment. Keywords: Transportation, input-output, linkage forward, backward linkages, multiplier effects JEL Classification: L98, R15
The Forecasting of Financial Inclusion in East Java Through Islamic Microfinance Institution: an Autoregressive Integrated Moving Average Approach Afandi, Muhammad Anif; A'yun, Indanazulfa Qurrota
Journal of Developing Economies Vol. 3 No. 2 (2018)
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (827.824 KB) | DOI: 10.20473/jde.v3i2.10513

Abstract

Financial inclusion is an effort intended to eliminate price and non-price barriers toward public access to formal financial institutions. The aim of that is income equalization of the societies affecting increasing economic growth, poverty alleviation, and financial system stability. East Java is one of the provinces in Indonesia with the most number of Islamic Rural Banks (BPRS). This study wants to find out how the role of BPRS in realizing the acceleration of Islamic financial inclusion in East Java. Then, this research is conducted in the period January 2014 – May 2018 in which data sourced from the Islamic Banking Statistics (SPS), Financial Services Authority (FSA). An Autoregressive Integrated Moving Average (ARIMA) is applied as research method to predict the level of Islamic financial inclusion in East Java through BPRS by using three from four financial inclusion indicators released by Bank Indonesia in 2014 namely access with number of BPRS as its proxy, usage with amount of third party funds and amount of financing as its proxies, and quality with total assets and Non-Performing Financing (NPF) as its proxies. The results show that based on forecasting values until December 2020, the number of BPRS predicted will decrease with the last number as many as 27 banks, DPK will increase with the last number 1,680,558.79 million Rupiah, the amount of financing will increase with the last number as many as 1,822,810.80 million Rupiah, asset will increase with the last number 2,299,250.44 million Rupiah, and NPF will increase with the last number 12.48 percent. Keywords: Financial Inclusion, Islamic Rural Banks, ARIMA, East Java JEL Classification: N25, G21

Page 3 of 17 | Total Record : 166