Bina Ekonomi
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KETIMPANGAN PENDIDIKAN DAN PENDAPATAN DI INDONESIA
No full textAbstractThis study aims to determine the factors of educational and income inequality decreased in Indonesia. Several factors affect education inequality and income inequality such as government spending in education and urbanization. The data used are secondary data in the form of panels for the period 2010 to 2017 as many as 33 provinces in Indonesia. The research method used is 2SLS (two stage least squares) with fixed effects selected as the best parameter estimation method. The results of this study explain income inequality is influenced by education inequality variables and income inequality lag, which is significantly positive while per capita economic growth and urbanization variables do not have a significant effect on income inequality that occurs in Indonesia. While educational inequality is influenced by government spending in education and urbanization with a significant negative effect and lag of educational inequality has a significant positive effect on educational inequality. The income inequality has an insignificant effect on educational inequality.Keywords: income inequality; educational inequality; 2SL
DAMPAK PENGELUARAN PEMERINTAH TERHADAP PERTUMBUHAN EKONOMI: STUDI KASUS PANEL DATA
No full textABSTRACTThe relationship between government expenditures and economic growth is an ambiguous relationship. The results of previous empirical studies indicate that the relationship between the two variables can be a positive or negative relationship. The purpose of this study is to investigate a more detailed relationship between economic growth and government expenditures. The detailed information between these two variables is obtained by investigating the direction of the relations in three levels, i.e. in various countries, in Indonesia, and in provinces in Indonesia. Furthermore, this research also investigates the variables which can drive the economic growth in those three groups of estimations. This research is conducted by using fixed effects panel data method for 96 countries and 33 provinces in Indonesia. The countries’ data are estimated for the period of 1991–2014, while the provinces in Indonesia data are estimated for the period 2011–2013. Based on the results, it can be concluded that the relationship between government expenditures and economic growth depends on many factors. Moreover, the results also show variations in the relations between the two observed variables in the three groups of estimations.Keywords: economic growth; government expenditures; panel data; fixed effects mode
ANALISIS SUPPLY CHAIN MANAGEMENT DI UMKM DESA SAMBIREJO
No full textABSTRACTThis study aims to examine the business processes through the MSME supply chain, specifically in the chain of raw material access, production processes to marketing processes. The objects of this research focusing on five most developed MSME in Sambirejo Village, Ngawen, Gunung Kidul namely food, processed zinc, woven cloth, tile and local gabion. The business processes analyzed by using supply chain management approach. This study conducted a qualitative method based on interview and observation. Results of the study show that the pattern of MSME supply chains in Sambirejo Village is still relatively simple. In their processes, these MSME supply raw materials from suppliers or distributors of raw materials then process them. Afterwards, they distribute them to consumers using two different distribution methods (dual channel) there are distribute it directly and through an intermediary.Keywords: business process; UMKM; supply chain managemen
PERANCANGAN MODEL BISNIS BANK SAMPAH DI KOTA BANDUNG MENGGUNAKAN BUSINESS MODEL CANVAS
No full textABSTRACTA waste bank is a place for collecting and sorting dry waste. Waste is saved, weighed, and valued with a sum of money. Trash is sold in factories that worked with the waste bank. The waste bank engages people to sort waste and provide public awareness in managing waste and reducing waste that is transported to landfills. Waste segregation is one of the efforts made in the community to reduce the problem of household waste. Waste sorting is done so that the recycling process can be done more effectively and efficiently. Waste management with a waste bank system is expected to be able to assist the government in handling waste and improving the community\u27s economy. The benefits of the waste bank are to help waste management, make the community aware of a healthy, neat, and clean environment, turning waste into something more useful. The method used to design a waste bank’s business model with a business model canvas. The results obtained by a complete framework regarding the resources, activities, and related parties needed to run a waste bank in Bandung.Keywords: waste bank; waste sorting; business model canva
PENGARUH ALIRAN MODAL ASING TERHADAP PERTUMBUHAN EKONOMI DI ASIA
No full textABSTRACTCapital account liberalization possibly promotes growth. However, the policy is considered a source of crisis. This study examines the effect of foreign capital inflows, in terms of FDI (Foreign Direct Investment) and FPI (Foreign Portfolio Investment), on economic growth and examines the determinants of capital flows to selected Asian countries over the 1998-2017 period. Based on the Two-Stage Least Square result, higher USA growth rates and lower interest rate differential are push factors of FDI, while domestic economic growth is a pull factor of FDI and FPI. The long-run FDI positively and significantly affects growth, whereas FPI has a negative but non-significant effect. The result indicates that an increase in growth can boost FDI inflows thereupon leads to higher growth. Keywords: economic growth; capital flows; liberalizatio
TELAAH INSENTIF PAJAK PENERBITAN BUKU
No full textABSTRACTThe creative economy is expected to be increasingly able to improve the quality of national economic development. The publishing sector which is one of 16 (sixteen) creative industry fields is expected to play a more important role to educate people. Thus, it is necessary to develop supporting publishing industry in Indonesia. This article is intended to answer the following five issues: (i) how are the developments, obstacles, opportunities and challenges in the publishing activities? (ii) what is the value chain of publishing business, and how is the tax policy in each chain? (iii) how should tax book publishing incentives be provided? (iv) what is the impact of providing tax incentives on the prospects of a publishing business? (v) how can the provision of tax incentives encourage the development of the publishing sector and the competitiveness of its industry? This study uses a mixed method approach and information deepening is carried out in 7 provinces in Indonesia. This article has resulted two special findings: (i) identifying crucial issues in the book publishing industry; and (ii) produce a formulation of government policy recommendations, specifically to provide tax incentives to encourage the growth of the publishing sector.Keywords: creative economy; publishing book; tax incetive
DAMPAK KEBIJAKAN TAX HOLIDAY PADA ALIRAN MASUK FDI INDUSTRI PIONIR DI INDONESIA
No full textABSTRACTIn 2011, the Indonesian government issued a Tax Holiday policy as an incentive to attract investment. However, the policy is still considered not optimal in increasing FDI realization in Indonesian pioneer industry. This study aims to analyze the influence of the Tax Holiday policy in increasing the realization of direct investment in Indonesian pioneer industry; as well as to investigate other factors influencing the inflow of Foreign Direct Investment (FDI) in the industry. The results of descriptive analysis and VECM show that Tax Holiday policy has increased the realization of direct investment of pioneer industries in 2012 and 2014 by 5.17% and 4.66%, respectively. In addition, there are other factors that influence the FDI inflow to the Indonesian pioneer industry, namely: GDP, economic openness, labor force participation, loan interest rates, exchange rates, and per-capita GDP. Maintaining the stability of these factors is important to support Tax Holiday\u27s policy in increasing direct investment activities in Indonesia pioneer industry.Keywords: tax holiday; Foreign Direct Investment; Indonesian pioneer industr
EFISIENSI SEBAGAI BASIS KEBIJAKAN PENYELENGGARAAN PERUMAHAN RAKYAT
No full textCompared to other countries, housing financing in Indonesia is relatively left behind. In Indonesia, housing financing is dominantly by banking’s mortgage loan. Furthermore, the ratio of home loan to GDP of the country is still insignificant. If we compare to other countries’ banking sector, Indonesia’s banking sector is less efficient. This could be observed from the interest rate spread of the banking sector. This article argues that, housing policy in Indonesia should focus on improving housing financing efficiency through: efficient primary housing financing, liquid and stable bond market, and supporting regulation based on cost and benefit analysis; in order to provide affordable housing for low income people in Indonesia. Keywords: housing financing; housing policy; banking sector efficiency; Indonesi
PELATIHAN, PENGAWASAN DAN PEMBERDAYAAN, PENGARUHNYA TERHADAP KOMITMEN ORGANISASIONAL
No full textABSTRACTThis study aims to determine the effect of training, supervision and empowerment against organizational commitment of National Education Service Official of Bone Bolango Regency. The data used in this study is the primary data sourced from the filling questionnaire. The population of this research is 62 employees using census method. The analytical technique used to answer the research problem and test the hypothesis is multiple regression analysis with the help of Statistical Product Service Solution (SPSS) software used to analyze the data. The findings of this research there are positive and significant impacts of training, supervision and empowerment toward Organizational Commitment of National Education Service Official of Bone Bolango Regency.Keywords: training; supervision; empowerment; organizational commitmen
DISENTANGLING INDONESIAN BANKING COMPETITION BASED ON BUKU CLASSIFICATION: IMPLICATIONS ON BANK SOUNDNESS
No full textABSTRACTCompetition has long been debated as a vital factor determining banking performance and stability. The broad perspectives are divided into two streams, the ‘competition-fragility’ and ‘competition-stability’ view. Banking industry in Indonesia is experiencing consolidation waves as an effort to strengthen capital and enhance intermediation performance. The consolidation, however, inevitably alter the degree of competition. In this study, we propose a detailed assessment of competition effect through disentanglement amongst different bank clusters, particularly with respect to BUKU classification. The separation is done through Fixed Effect Vector Decomposition method, complemented by interaction variables. We found an indication that competition amongst Indonesian banks can be divided into two segments: the first containing BUKU1 and 2, while the latter BUKU3 and 4. Observing 57 banks using monthly data in 2006-2015, our study supports the competition-stability view, suggesting competition has positive influences on bank soundness. Adding more market power to the leader in each segment (BUKU2 and BUKU4, respectively) would have insignificant, if not malign, effect; the opposite for the challenger. Further, aside from competition, we found that interbank interaction promotes soundness.Keywords: competition; bank soundness; fixed effect vector decompositio