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Analysis of Potential Sector Investment Needs in Increasing Growth Economy in East Java
No full textInvestment is the main means to encourage economic growth. Investment realization in 2019 and 2020 has a positive trend. However, despite the positive trend, investments made in 2019 and 2020 are unlikely to have a positive impact on economic growth in East Java Province. In order for investment to be more efficient in its allocation, it is important for a region to know the need for investment in economic sectors, especially in potential economic sectors. To analyze the potential sectors in East Java Province, use the Klassen Typology analysis technique. Meanwhile, to determine the growth target and the amount of investment needs of the potential sector using semi-average analysis techniques, and the Incremental Capital Output Ratio (ICOR). The results of this study concluded that there are four potential sectors in East Java Province, namely (1) mining and quarrying sector, (2) information and communication sector, (3) real estate sector, and (4) education service sector. The investment needed by potential sectors of East Java Province is (1) Mining and Quarrying of IDR 27,650.79 billion, (2) Information and Communication of IDR 29,427.33 billion, (3) Real Estate of IDR 5,834.45 billion, and (4) Education Services of IDR 8,269.42 billion
The Influence of Utilizing Village Funds on Increasing Development, Empowerment and Its Implications for Community Welfare (Study on Village Communities in Posigadan District, South Bolaang Mongondow Regency)
No full textThis study aims to determine the effect of village fund utilization on increased development, empowerment and its implications for welfare ( Studies on Village Communities in Posigadan District and South Bolaang Mongondow Regency). The population in this study is the people of Posigadan District, while the sample is 150 respondents. Data collection techniques employed observation, questionnaires, and documentation. The data analysis method in this study used Structural Equation Modeling (SEM) technique with using SPSS AMOS Version 23.0 application. The results of the study show that (1) utilization of village funds has a positive and significant effect on the development, (2) utilization of village funds has a positive and significant effect on the empowerment, (3) utilization of village funds has a positive and significant effect on the welfare, (4) village development has a positive and significant effect to welfare, (5) community empowerment has a positive and significant effect on welfare as well. As for the indirect effect, it indicates that the utilization of village funds has a positive and significant effect on welfare through development, and community empowerment as an intervening variable in Posigadan District
Comparison of E-Commerce in UMKM Ledre Bojonegoro Regency with Analytical Hierarchy Process
No full textMicro, Small, And Medium Enterprises (MSMEs) are crucial drivers of regional and national economic growth. The growth of MSMEs, coupled with increased employment opportunities and output, underscores their important role in economic development. The pace of technological advancement has created various e-commerce options. MSMEs must adapt to the demands of Industry 4.0 to ensure their longevity. This study compares e-commerce options for marketing use by Ledre's Micro, Small, and Medium Enterprises in Bojonegoro Regency. The aim is to determine which platform is best using the Analytical Hierarchy Process method for effective decision support. Subjective evaluations are avoided, and technical terms are explained. The text adheres to conventional academic structure, provides logical progression, and uses formal language with precise vocabulary. The Analytical Hierarchy Process selects and identifies top-priority criteria and significant alternatives for each category of criteria in e-commerce. The categories include aspects of the promotion system, payment system, web design, and risk in Micro, Small, and Medium Enterprises (MSMEs) of Bojonegoro Regency. The Analytical Hierarchy Process prioritizes key-person quality over respondent quantity in research. According to the process calculation, the most crucial factor is risk, with a weight of 49.54%. Criteria for electronic marketing in Micro, Small, and Medium Enterprises should include optimizing social media, pay-at-site payment systems, easy-to-use website design, and legal protection risks. The primary option for Bojonegoro Regency Ledre Micro, Small, and Medium Enterprises to enhance sales through electronic marketing is the utilization of Shopee, an e-commerce platform.
Interaction and Contribution of Money Supply, Unemployment, Economic Growth, Sharia and Conventional Monetary Instruments to Inflation
No full textControlling inflation to create economic stability is an absolute must for the government. However, there are challenges to creating stable inflation, including the existence of variables in the money supply, unemployment and economic growth which have an impact on creating inflation. In an effort to overcome these challenges, the government uses sharia and conventional monetary instruments to control inflation. In 2022, the improvement in the Indonesian economy after the Covid 19 pandemic will actually create the highest inflation in recent years. The aim of this research is to determine the interaction and contribution of Money Supply, Unemployment, Economic Growth, Government Sharia Securities, Islamic Interbank Money Market, Bank Indonesia Certificate, and Interbank Money Market to Inflation using monthly data from 2015-2022. This research is quantitative research using the VECM method with the help of E-Views software. Research results: Money Supply has a negative and insignificant effect on Inflation, Unemployment and Economic Growth have a positive and insignificant effect on Inflation, SBSN has a negative and insignificant effect on inflation, PUAS has a negative and significant effect on Inflation, SBI and PUAB have a positive and insignificant effect against inflation. The implication of the research is that the monetary authority, in this case Bank Indonesia, as the institution authorized to control inflation, is to prioritize the SBSN and PUAS monetary instruments to control inflation. Research limitations include only using a few monetary instruments, due to limited data available on various government websites for several years. Keywords: Inflation, Money Supply, Unemployment, Economic Growth, SBSN, PUAS, SBI, PUA
Analysis of All factors Against Food and Beverages (F&B) MSME’s Business Turnover in Surabaya: during COVID-19
No full textSurabaya and other cities in East Java played a significant role for economic development during the expansion of COVID-19 in 2020, most of MSME productivity in Indonesia was dramatically decreased. Nevertheless, Surabaya city had 30% increased MSME productivity from the end of 2020. This research aims to examine the factors of increased or decreased turnover of FB (Food and Beverages) MSMEs during the COVID-19 pandemic, so that the results of this research can be a survival strategy for MSMEs, especially during the pandemic. The research data was collected through an interview process with 110 food and beverage MSME who are from Surabaya City (as scope as members of Surabaya Kriya Gallery). After that, MSMEs will be grouped into MSMEs according to how increased or decreased turnover they got. Based on this, firstly, we collect the survey of 110 owners as a sample, with Lemeshow sampling; Second, analyze data with binary logistic regression; Then, analyze the influence of the COVID-19 pandemic situation on the MSMEs turnover. It can be revealed that all independent variables (business training, gender, location, and marketing) affect their turnover but statistically only location has a strong effect on turnover. Business location has been supported by marketing.Surabaya and other cities in East Java play significant role to development economics during expansion of COVID-19 in 2020, most of MSME productivity in Indonesia was dramatically decreased. Nevertheless, Surabaya city had 30% increased MSME productivity from the end of 2020. This research aims to examine the factors of increased or decreased turnover FB (Food dan Beverages) MSMEs during the COVID-19 pandemic, so that the results of this research can be a survival strategy for MSMEs, especially during the pandemic. The research data was collected through an interview process with 110 food and beverage MSME who are from Surabaya City (as scope in member of Surabaya Kriya Gallery). After that, MSMEs will be grouped into MSMEs according on how increased or decreased turnover they got. Based on this, firstly, we collect the survey 110 owner as sample, with Lemeshow sampling; Second, analyze data with binary logistic regression; Then, analyze the influence of the COVID-19 pandemic situation on the MSMEs turnover. It can be revealed that all independent variables (business training, gender, location, and marketing) affect their turnover but statistically only location has strong effects on turnover. Business location has been supported by marketing
ANALISIS HIERARKI PROSES SEBAGAI PENENTUAN STRATEGI PENGEMBANGAN PARIWISATA BERKELANJUTAN
No full textThis research aims to determine sustainable tourism development strategies through several aspects, including diversification of tourism products, environmental preservation, involvement of local communities and human capital. This research method was carried out using a process hierarchy analysis approach to determine priority strategies from multi-criteria. Based on the results of this research, it can be concluded that the first priority aspect that must be implemented in developing sustainable tourism is human capital with the criteria of training as the first priority followed by skills/expertise, education and increasing experience. Tourism product diversification has as the second priority aspect with the first priority criteria being marketing and promotion followed by identification of potential new products, product development and launch, market analysis and consumer understanding. Involvement of local communities is the third priority aspect with the criteria of analyzing community conditions as the first priority, followed by tourism awareness groups/communities, cultural preservation and participation in decision making. Environmental preservation as the fourth priority aspect with the criteria for developing environmental policies and standards as the first priority, followed by environmental education and awareness, environmental management and restoration, evaluation of current environmental impacts. Meanwhile, the priority alternative as a sustainable tourism development strategy is the government, followed by the involvement of academics, the industrial world and the community.Penelitian ini bertujuan untuk mengetahui strategi pengembangan pariwisata berkelanjutan memalui beberapa aspek antara lain diversifikasi produk pariwisata, pelestarian lingkungan, pelibatan masyarakat lokal dan human capital. Metode penelitian ini dilakukan dengan pendekatan analisis hierarki proses untuk menentukan strategi prioritas dari multikriteria. Beradasarkan hasil penelitian ini dapat disimpulkan bahwa sspek prioritas pertama yang harus dilakukan dalam pengembangan pariwisata berkelanjutan adalah human capital dengan kriteria pelatihan sebagai prioritas pertama disusul dengan keterampilan/keahlian, pendidikan dan peningkatan pengalaman. Diversifikasi produk pariwisata mempunyai sebagai aspek prioritas kedua dengan kriteria prioritas pertama pemasaran dan promosi disusul dengan identifikasi potensi produk baru, pengembangan dan peluncuran produk, analisis pasar dan pemahaman konsumen. Pelibatan masyarakat lokal sebagai aspek prioritas ketiga dengan kriteria analisis kondisi masyarakat sebagai prioritas pertama, disusul dengan kelompok/komunitas sadar wisata, pelestarian budaya dan partisipasi dalam pengambilan keputusan. Pelestarian lingkungan sebagai aspek prioritas keempat dengan kriteria pengembangan kebijakan dan standar lingkungan prioritas pertama, disusul dengan pendidikan lingkungan dan kesadaran, pengelolaan dan restorasi lingkungan, evaluasi dampak lingkungan saat ini. Sedangkan alternatif prioritas sebagai strategi pengembangan pariwisata berkelanjutan adalah pemerintah, disusul dengan keterlibatan akademisi, dunia industri dan masyarakat
The Effects of Psychological Factors and Financial Literacy on Financial Management
No full textThe study aims to test the influence of mental accounting and financial literacy on financial management on lecturers and postgraduate students in economics and business in Yogyakarta. Financial management is one of the important aspects of everyday life that relates to the financial decisions taken by individuals. In this study, mental accounting represents psychological factors that influence financial decision-making, while financial literacy represents the knowledge needed to make the right financial decisions. Primary data was collected from 122 respondents who are lecturers and postgraduate students in economics and business in Yogyakarta. Double regression analysis is used to test the impact of mental accounting and financial literacy on financial management. Research results show that mental accounting and financial literacy have a positive and significant influence on financial management. These findings suggest that respondents in this study have applied the concept of good mental accounting by applying income allocation, perception of income source differences based on purpose use, and evaluation of money spent from various sources of income. The results also show that respondents have sufficient financial literacy to create more optimal financial management. The conclusion that can be drawn from this study is that the better the mental accounting and financial literacy of the individual, the better their financial management
Analysis of the Degree of Regional Financial Performance, Tax Effort, and Tax Buoyancy in Main Regions and City/Regency Expansion in Jambi Province
No full textThe aim of this research is to analyze financial performance, tax effort and the elasticity of tax revenue in the parent region and expansion regions in Jambi Province. The novelty of this research is that it uses three analytical tools in assessing the autonomy of parent and expansion regions. The analysis used is financial performance analysis to assess regional financial performance, regional tax effort analysis to assess regional ability to absorb tax revenues, and tax revenue elasticity analysis to assess the productivity capacity of regional tax revenues. The research method is a quantitative method using secondary data obtained from the Central Statistics Agency website, Bank Indonesia reports, as well as relevant literature.The research results state that the financial performance of the expansion regions and the parent Regency/City regions in Jambi Province is classified as non-autonomous. In terms of tax effort, the parent district/city area in Jambi Province for the 2009-2021 period is relatively high in terms of tax capacity, as well as efforts to find tax sources. Meanwhile, the district/city expansion areas in Jambi Province are classified as having high tax capacity and low effort to find tax sources. For the regional elasticity analysis, the level of elasticity of the realization of tax revenues from the parent region and the expansion regions towards GRDP at constant prices in 2010 in the Regency/City of Jambi Province during the research period on average shows an elastic category.
Comparative Analysis Of Economic Growth In Jakarta And East Kalimantan 2018-2022
No full textThis research aims to determine the effect of unemployment and poverty on economic growth in Jakarta and East Kalimantan. This research also compares the effect of un- employment and poverty on economic growth between Jakarta and East Kalimantan. This type of research approach is carried out using a descriptive quantitative analysis approach. The results of this research found that in Jakarta unemployment and poverty both had a significant negative effect on economic growth, while in East Kalimantan it showed that unemployment had a significant negative effect on economic growth and poverty had an insignificant effect on economic growth. So this research recomandends that East Kalimantan as a candidate for the new capital city must pay attention to the unemployment rate to increase economic growth, while in Jakarta it must pay attention to two aspects of the importance of unemployment and poverty. This research provides new insights into comparative economic growth in Jakarta and East Kalimantan
Analysis of Economic Growth At Poverty Level With Meta-Analysis
No full textThis study aims to determine the impact of economic growth on the poverty rate by meta-analysis using Stata 15.0 software. The number of observations used was 41 research articles in Indonesia which examined the relationship between economic growth and poverty levels. In general, the results of his research show a negative effect with a parameter coefficient value of -0.170 percent . This is influenced by the type of data and the number of observations that have a significant effect. In variable data types, if the data used is panel data it produces a stronger negative relationship than using time series or cross section data types . In the number of observations variable, the more the number of observations (N) used tends to produce a positive coefficient value, research that produces a negative coefficient value occurs in certain cases regarding the relationship of economic growth to the poverty level. Of the 41 research articles analyzed through the meta funnel plot of the standard error coefficient , it is known that there is publication bias, as seen from the study with a small sample size that is not symmetrically distributed