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The correlation of international trade and growth in Indonesia
No full textExports generate foreign exchange that can be used for economic activities. On the other hand, imports also
give households and companies more choices in consuming goods. In other words, international trade provides advantages for each country. There have been many studies that attempt to empirically prove the relationship between export-import and economic growth. The aim of this study is to re-examine the relationship between
exports, imports, and growth in the short run and long run in Indonesia. This study employed the Granger Causality test and VECM to find long-term and short-term respectively. This research used secondary data annually from 1980 to 2019. Result of this empirical study, we find correlating variables are GDP-Exports, GDP-Imports, and Imports-Exports in the long-term. These three long-term findings match the short-term findings explained by VECM modeling. According to these findings, the policy recommendation is Indonesia needs to import carefully because importing consumption goods is a sure way to deplete its own foreign exchange reserves. Second, based on our empirical found, importing intermediate goods can increase our export, so we suggest Indonesia should run substitution import strategy immediately
ANALYZING FACTORS AFFECTING INDONESIAN FOOD PRICE INFLATION
No full textIn the last decade, Indonesia’s inflation is predominantly influenced by volatile food, consists mostly of food
commodities, and administered price; while the core inflation has been relatively stable. The food contribution in
the living cost survey has a substantial contribution to measuring inflation. This paper aims to analyze the empirical
condition of food prices movements and other commodities prices changes, particularly on energy commodities
(housing and transportation). Using a monthly consumer price index from 2004 to 2017 with 168 total series
observations, we estimated a vector error-correction model (VECM). The assumption that the price variable in the
estimation process has perfect information shows that the major drivers of Indonesian food price inflation are the
food commodities itself by the demand-supply interaction and the shock of transportation prices rather than housing
prices. Therefore, the authorities of inflation control are likely to focus on maintaining the supply and demand as
well as keeping the cost structure of food stable to control food price inflation
Peta Penanaman Modal Asing (PMA) dan Penanaman Modal Dalam Negeri
No full textThe aim of this paper is to describe the spread of Foreign Direct Investment (FDI) and domestic investment according to its location, sector, and labour absorption. Analysis is based on secondary data published by Indonesia Investment Coordinating Board (BKPM). There are three main findings in this study: First, this study found that in the period 2002-2008, the largest part of FDI or domestic investment. This uneven investment concertration occured because in the eye of investors, Java and Sumatera is more attractive than other island in Indonesia in term of better infrastructure, wider potential market and higher quality of human resources. Second, the majority of foreign and domestic investors selected secondary sector (manufacturing) for their investment. Interestingly, there was a trend that those investments shifted from secondary sector to tertiary sector. Third, labour absorption both in FDI and domestic investment, particulary invetsed in the secondary sector tend to increase. However, there is a tendency that investment in secondary and tertiary sectors moved to less labour intensive industries
Perkembangan Industri Nasional dan Peran PMA
No full textThis paper discusses about the advantages and disadvantages which happen in the national industries as a result of the domination of foreign investment. Indonesia has been losing the momentum of the development of its nation industries. From the 1970s until the 1980s , Indonesia had the opppoortunity to take control of industries in the Asian region, especially as China, Malaysia, and Thailand had still not developed their power to build and develop their industries. Without a good infrastructure and a good logistic, qualified human resources, ability to control technology which support dynamic innovational activity and intensive coorporation between universities and business world, Indonesia will be left behind by any industry from any other country. This paper result, foreign investment is important for the development of industries. Indonesia must try to absorb the advantages deriving from foreign investment. Therefore, domestic companies in Indonesia will not only become the medium but also would be able to absorb the new technology associated with foreign investment
IMPLIKASI KEBIJAKAN MORATORIUM PERIZINAN USAHA PERIKANAN TANGKAP TERHADAP SEKTOR PERIKANAN DI BITUNG
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The potential of fisheries that have been used by large ships and the majority of foreign ownership brings its own sadness to Indonesian maritime sovereignty. The reason is Indonesian fishermen who are more proficient as fishermen of small boats can not compete technologically and capture equipment so that the utilization of sea products is not optimized. As one of the solutions in addressing these problems, the Ministry of Marine Affairs and Fisheries issued a moratorium policy (ban temporarily) for foreign ships in operation in Indonesian waters. The existence of this policy, of course, have an impact on fishermen, fish processing business operations, as well as regional economic conditions. For that purpose, this research would like to see the various impacts that happened with the moratorium policy, especially in Bitung City. Given Bitung is one of the cities with the contribution of a large fishery sector for the regional economy. In addition, many processing companies operate in the city. This article comes from research, Optimizing the Utilization of Marine Resources and Fisheries in a Global Context: Supporting Infrastructure for Increasing the Competitiveness of Fisheries Sector “. The method used is a qualitative method with data collection techniques in primary and secondary. The implications of the moratorium policy proved to have a direct effect on both fishermen, business actors (UPI) and the conditions at Bitung Fishing Port. For fishermen, this became the starting point of improving the welfare, but on the other hand business actors disrupted the company’s operationalization and decreased logistics needs, especially fuel. This policy is one of the ways to realize maritime sovereignty, alignment to small fishermen, and most importantly to maintain marine ecosystem in
order to be utilized for future generations
The Economic Assessment on Bottom Ash Utilizing as The Bio Coal Fuel
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Coal ash was included in Hazardous and Toxic Waste (LB3). It required manage seriously so it was not warm
to environment and human’s health. LB3 management becomes an obligation for the industry which producing
itself. This condition becomes a burden to industry itself due to the waste utilization project often regarded as
the high-cost investment projects or less profitable. This study aims to conduct an economic assessment of pilot-
scale projects in bottom ash utilizing to support the clean industry strategy. The study mixed coal bottom ash with
biomass from municipalities solid waste (MSW), called bio-coal fuel (BCF). These raw materials were combined
by a composition of 60%:40% weight (bottom ash: biomass) to be briquette by adding amylum as a binder. This
study used the benefit-cost analysis approach to assess economic feasibility. Tree indicators used in this study were
net benefit-cost ratio, payback period, and return on investment. These indicators provided the company policy to
continue or stop this project. The finding study showed air emission test under emission standard and burning test
did not disturb to boiler perform. Financial calculation showed that the company got a payback period and net benefit
from ninth year. The company also achieved a net B/C ratio was more than one, and ROI was 1.09 times in ninth
year. The other beneficiaries acquired by the company was included external costs, such as risks from commitment
failure by third parties in coal waste management, costs rising risk of purchasing coal, and given a positive value
for providing employment
ANALISIS AKSESIBILITAS PERMODALAN USAHA MIKRO KECIL PADA LEMBAGA KEUANGAN FORMAL DI PROVINSI SUMATERA BARAT
No full textSmall Micro Enterprises (MSEs) are populist businesses that have the potential to continue to be developed. To
develop the business, MSEs should increase the product capacity needed so that it is requiring much capital. Lack
of capital and the ability and knowledge MSE managers make MSEs unable to keep up with changes in customer
satisfaction and global competitiveness. The purpose of this study is to analyze the factors that influence the low
access of MSEs to capital resources in West Sumatra Province using the logistic regression method. The results of
the study indicate that MSEs incorporated in cooperatives have three times greater opportunities to gain access
to capital from formal financial institutions compared to businesses that are not members of cooperatives. MSEs
that have a business development plan is twice as likely than other businesses that do not have a development plan
can access capital from formal financial institutions. From the results, it can be seen from MSEs whose managers
are male, less education than high school, locations in rural areas, that work more than five years and have more
money to get funds from formal financial institutions
Potensi Dampak Airbnb Terhadap Usaha Penyediaan Akomodasi di Provinsi DKI Jakarta
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The expansion of the Airbnb platform in Indonesia in general and in DKI Jakarta in particular, requires an
immediate response from the government in maintaining fair business competition. Using a descriptive approach
by exploring social phenomena through library studies, Focus Group Discussions and forecasting, this study
successfully identified Airbnb’s potential impact on the accommodation business. Until July 2018, there were 5,494
host listings, of which 254 hosts or 7% had multiple listing. The highest revenue recorded at IDR 14.4 billion per
month, with an average increase of 6.25%. Data on Airbnb service users also shows the composition of foreign and
domestic guests, which is getting narrow. Forecasting shows that the Entire Home listing type will have the same
occupancy rate as star hotels in June 2023 and non-star hotels in November 2023. The potential tax revenue from
Airbnb can reach IDR 1.5 billion per month. The inadequate of regulations regarding digital platforms requires the
government to immediately make policies to maintain healthy business conditions such as making regulations on
the management of digital-based accommodation business, ownership zoning policies, social and environmental
surveillance, as well as control of the Airbnb platform and other similar platform
STRATEGI PEMBERANTASAN KORUPSI DI INDONESIA MENGGUNAKAN INSPECTION GAME
No full textCorruption has become problem in Indonesia and it is a big agenda in reformation era to eradicate it. The
corruption is already rooted and cultured, it is also spread in many sectors. Start from this problem, this research
is very important to analysis corruption using inpection game model in Indonesia. This research is based on what
is done by Tsebelis (1989) and Rimawan (2007). The inspection game is one of game theory – as analysis tool to
learn interaction between two or more agents with rational (Pradiptyo,2007). This study found that changing of
sanction in corruption act will change offender reference to corrupt. Finally, the inspection game model will be
one of the efective and efficient strategy to eradicate corruption in Indonesia
Prospek Energi Baru dan Terbarukan di Jawa Barat
No full textmenunjang proses kehidupannya. Sejalan dengan semangat pengembangan energi baru dan terbarukan nasional, Provinsi Jawa Barat juga telah berusaha untuk mengembangkan energi tersebut. Studi ini mengkaji bagaimana prospek dan pengembangan energi baru dan terbarukan yang berada di Provinsi Jawa Barat. Metode yang digunakan adalah pendekatan kualitatif. Kendatipun potensi energi terbarukan di Jawa Barat sangat besar namun studi ini menemukan masih banyak yang harus dibenahi baik dari sisi regulasi maupun sumber daya manusia itu sendiri