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Analysis of Leading Sectors as Supporting the Economy with the Location Quotient, Shift Share, and Klassen Typology Methods in Sukabumi, West Java
No full textRegional economic development aims to facilitate employment opportunities or job opportunities in large numbers for the local area. In an effort to realize this goal, to obtain regional development initiatives, collaboration between the regional government and the local community must be carried out. Therefore, the participation of local governments and residents who are willing to interpret the capacity of the resources needed to develop and design the regional economy. This study aims to examine the economic sectors in Sukabumi Regency that are unique, have potential, and can be improved to promote economic growth. For Sukabumi Regency and West Java Province over a five-year period, this study uses secondary data from the Central Bureau of Statistics. between the years 2016 - 2020. The leading sector analysis techniques used through 3 stages are Location Quotient, Shift Share, Typology Klassen. The results of this study indicate that from the results of the analysis of leading sectors to support the economy in Sukabumi Regency, there are 10 basic sectors. besides that there are 8 sectors in quadrant 1, 2 sectors in 2nd quadrant, 4 sectors in 3rd quadrant, 3 sectors in 4th quadrant
Opportunities for Diversification of Processed Nutmeg as an Effort to Improve the Community's Economy on Saparua Island
No full textProduct diversification efforts can be used as a strategy to develop knowledge and skills as well as an alternative source of income for community households. The product diversification can be more optimal if it is supported by the availability of raw material sources located close to the community and wide market potentials so as to lower production costs incurred. This study uses a mixed method with a sequential exploration approach. This method begins with the use of qualitative method, followed by the quantitative method and interpretation. This study puts more emphasis on the qualitative analysis. Respondents of this study include farmers, community leaders and the government of Negeri Booi. Findings reveal that the most suitable diversifications of nutmeg products in Negeri Booi were in the form of nutmeg cider business and nutmeg juice business. Both of these businesses were supported by the availability of abundant raw materials, not too big business capital, and wide marketing potentials. This phenomenon was also supported by the existence of local customs, traditions and wisdom which were always applied in the community activities to meet their household needs
Interaction between Islamic Financial Development and Economic Growth: Empirical Evidence from Indonesia
No full textFinancial development and economic growth have been thoroughly analyzed in the literature extensively. The discussion revolved on whether the financial sector leads the real sector in the process of economic development or whether it is the other way around. There is now no consensus on the causal relationship between financial development and economic growth. So, it is necessary to determine the relationship between financial development and economic growth in order to make accurate economic growth estimations. This paper examines an interaction model between Islamic financial development and economic growth that assumes the consumption of real resources by the financial sector. This research used Hadri Lagrange-Multiplier to investigate association’s path between variables. As a result, the interaction between Islamic financial development and economic growth may be unidirectional. However, the Islamic financial system is unsustainable, the Islamic financial market's contribution remains modest, and this could not eventually contribute to economic growth significantly. In addition, the results of this study reveal that the development of Islamic financial institutions in Indonesia has not yet had a significant effect on the welfare of Indonesian society. Due to rising demand for financial services, it was believed that economic growth drives finance in developing nations. Moreover, Economic growth fosters competition among financial intermediaries, resulting in more efficient financial transactions and, consequently, increased growth
The Impact Of Nusa Data Prima Corner Wifi In Improving Community Economy Based On Maqashid Syari'ah
No full textThe rapid development of technology has influenced the behavior of human life, including the economic aspect. The current shift in economic transactions is more or less shifting from offline to online so that it affects the economic activities of the community which are also growing and expanding. That is why, nowadays internet access is not only needed in urban areas, but also important for rural communities, especially to improve the economic level of their people. This study examines the Impact of Nusa Data Prima Wifi Corner on Economic Improvement and the Impact of using Nusa Data Prima Wifi Corner on Community Economic Improvement in terms of Maqasid Syariah. The qualitative method in this study was carried out through interviews, then documenting the data found, and making observations in the field. This research resulted in the following conclusions: (1) The impact of the wifi corner is an increase in the economy where residents who previously only relied on income from plantation and agricultural products now have other income, both from online sales and from other business results such as buying and selling stocks and brokers buying and selling cars and others, some residents who become partners in the sale of vouchers also benefit from the sale of these vouchers. (2) Judging from the theory of maqashid syari'ah the impact of the existence of Wifi Corner is a form of benefiting dhoruriyah, hajiyyah and tahsiniyah
The Effect of Exports, Imports And Exchange Rates On The National Foreign Exchange Reserves 2000-2019
No full textThis study intends to assess the shock from national foreign exchange's primary variables, such as exports, imports, and exchange rates, for the period 2000-2019. The data utilized in this study came from the Indonesian Statistics Bureau (BPS), the Bank of Indonesia (BI), and the World Bank 2021. For this analysis, we utilize an autoregressive framework to capture the shock and explain its long-term influence on a country’s foreign exchange reserves. The results of the VECM study indicate that exports have a large, long- and short-term positive influence on foreign exchange reserves, whereas imports have no effect on foreign exchange reserves and the exchange rate has a considerable effect on Indonesia's foreign currency reserves. On national foreign exchange reserves, exports have a positive impact, imports a negative impact, and the exchange rate has a substantial impact.This study aims to analyze the effect of exports, imports, and exchange rates on Indonesia's foreign exchange reserves for the period 2000-2019. The independent variables (independent variables) in this study are exports, imports, and the exchange rate, while the dependent variable (dependent variable) in this study is Indonesia's foreign exchange reserves. Secondary data collection techniques with quantitative research types were obtained from the official websites of the Central Statistics Agency (BPS), Bank Indonesia and Worldbank 2021. The data analysis used was the classic assumption test of vector autoregression (VAR) analysis, namely the Vector Error Correction Model (VECM) with testing (stationary test (unit root test), cointegration test, lag feasibility test, granger causality test, impulse response function analysis, variance decomposition analysis) using the E-Views 10 application as an analytical tool. The results of the VECM analysis show that exports have a significant positive effect in the long and short term on foreign exchange reserves, while the import variable has no effect on the foreign exchange reserves variable, and the exchange rate variable (exchange rate) has a significant effect on Indonesia's foreign exchange reserves. positive effect, while imports have a negative effect while the exchange rate (exchange rate) has a significant effect on national foreign exchange reserves
ANALISIS DETERMINAN PERTUMBUHAN EKONOMI DI INDONESIA TAHUN 1992-2022
No full textEconomic growth is an issue that can have an impact on the welfare of a country. So the reason for this research aims to analyze the factors that influence economic growth in Indonesia for the 1992-2022 period. The use of the Error Correction Model (ECM) analysis method with the help of Eviews 12 was carried out to review the influence analysis on economic growth in Indonesia during the research period in the short and long term. Time series data used for this research from 1992-2022 were obtained from the Indonesian Central Statistics Agency (BPS). The economic growth indicator is used as the dependent variable, while the poverty level, labor force level, unemployment rate and APBN are independent variables. The results of empirical tests using Error Correction Model (ECM) analysis determine that short-term and long-term poverty levels have a significant positive influence on economic growth in Indonesia. At the labor force level it has no significant effect either in the short or long term. However, the unemployment rate variable has a significant positive effect in the long term but no significant effect in the short term. and Realization of state revenues in the APBN does not have a significant long-term or short-term effect on economic growth in Indonesia.Pertumbuhan ekonomi merupakan suatu persoalan yang dapat memberikan dampak atas kesejahteraan suatu negara. Maka sebab dari adanya penelitian ini bertujuan untuk menganalisis faktor-faktor yang mempengaruhi pertumbuhan ekonomi di Indonesia periode 1992-2022. Penggunaan metode analisis Error Correction Model (ECM) dengan bantuan Eviews 12 dilakukan untuk peninjau analisis pengaruh dalam pertumbuhan ekonomi di Indonesia selama periode penelitian secara jangka pendek maupun jangka panjang. Data time series digunakan sebagai penelitian ini dari tahun 1992-2022 yang didapatkan dari Badan Pusat Statistik Indonesia (BPS). Pada indikator pertumbuhan ekonomi digunakan sebagai variabel dependen, sedangkan tingkat kemiskinan, tingkat angkatan kerja, tingkat pengangguran dan APBN adalah variabel independen. Hasil uji empiris dengan analisis Error Correction Model (ECM) menentukan bahwa tingkat kemiskinan secara jangka pendek dan jangka panjang memilik pengaruh signifikan positif terhadap pertumbuhan ekonomi di Indonesia. Pada tingkat angkatan kerja tidak berpengaruh signifikan baik secara jangka pendek maupun jangka panjang. Akan tetapi pada variabel tingkat pengangguran terdapat pengaruh signifikan positif di jangka panjang namun tidak berpengaruh signifikan pada jangka pendek. dan Realisasi pendapatan negara pada APBN tidak berpengaruh signifikan atas jangka panjang maupun jangka pendek terhadap pertumbuhan ekonomi di Indonesia. Kata Kunci: Kemiskinan, Angkatan Kerja, Pengangguran, APBN, Pertumbuhan ekonomi, EC
Factor Analysis of Demand for Kaligua Tourism in Brebes Regency: A Case Study Using Primary Data
No full textBased on BPS data, Kaligua tourism experienced a decrease in visitors in 2020 of 68,110 people, down to 64,325 in 2021. And it will drop again in 2022 to 51,587. This indicates a decrease in income for Kaligua tourism objects even though this sector is very important because it has a role in the economy. Against the backdrop of the current problems, it appears that the tourism sector plays a very important role in economic growth, and the growth of new tourist destinations has led to increasingly fierce competition between tourist sites to attract tourists to visit. On the other hand, services in tourism management in terms of serving tourists are not yet good. The purpose of this research is to develop a strategy that can increase the number of tourist visits in Kaligua tourism. Kaligua Tourism continues to experience a decline in visitors from 2020 to 2022, so research is needed to formulate the right strategy to increase visitors to Kali Cave tourism. This research was conducted to determine the effect of penetration pricing and consumer motivation on the decision to visit Kaligua tourism. Data were obtained through interviews. 97 Respondents who have already visited Kaligua tourism will be asked to fill out a questionnaire, and the results will be tested through smart PLS. It is hoped that this research will be able to become the basis and reference for Kaligua tourism in determining the right strategy to increase Kaligua tourism visitors
The Effect of Infrastructure, Investment, and Economic Growth on Community Welfare Through Employment Opportunities in Indonesia
No full textEmployment opportunities and community welfare are related, the opportunity for people who work will earn income for the community to fulfill their daily needs which is described by community welfare. This study used secondary data obtained through the Central Bureau of Statistics, then analyzed using path analysis techniques with the help of Eviews 12. The results showed that infrastructure and investment had a negative and insignificant effect on employment opportunities, but economic growth had a significant negative effect on employment opportunities. Infrastructure and investment have a positive and insignificant effect on the welfare of the community, economic growth has a negative effect and does not have a significant effect on the welfare of the community. Opportunity to work has a positive and significant impact on the welfare of maisyairaikait. Infrastructure has no other direct effect on the welfare of the people, while investment and economic growth can have an indirect effect on the people's welfare through the opportunity to work in Indonesia
The Role of Coastal Women in Improving the Family Economy in Namlea Ilath Village Batabual District, Buru Regency
No full textThis study aims to determine how the role of coastal women in improving the family economy and the impact of the dual role. This study uses a descriptive type of research that describes a situation in a qualitative approach. In this study using data analysis techniques Miles and Huberman models such as: data reduction, data presentation and verification, as well as data collection such as: observation, interviews, and documentation.The results of this study indicate that along with economic and population growth, it will certainly have an effect on household needs which continue to increase. This can be seen from the increase in the price of goods, the reduced interest from consumers or customers, the uncertain income of fishermen and farmers caused by changes in weather, the cost of children's education and the cost of other household needs. From this problem, if the fishing communities and their farmers only rely on their basic work, then they can only pay for their daily meals and cannot save money to pay for their children's education. so that women take on a dual role that is needed in the family, namely as a side job to help husbands in meeting all the economic needs of the family
Determinants of Decisions to Implement Digital Payments for MSME Actors: A Study of Technological, Organizational, and Environmental Theory
No full textMicro, Small, and Medium Enterprises (MSMEs) play an essential role in the Indonesian economy. However, many MSME actors, particularly those in Salatiga City, have yet to integrate digital payments in their business operations. This study aims to identify the influence of technological aspect (perceived benefits of implementing the digital payments), organizational aspect (length of business operations), and environmental aspect (the presence of competitors) on the MSME actors’ decisions to implement the digital payments in Salatiga City using the Technological, Organizational, and Environmental (TOE) Theory. By employing the logit regression analysis, the results of this study demonstrate that the TOE theory does not completely apply to the MSME actors’ decision-making behavior of implementing the digital payments in Salatiga City. Further, this study highlights that only the perceived benefits of implementing the digital payments of the technological aspect which have a positive and significant influence on the MSME actors’ decisions to implement the digital payments IN Salatiga City. Meanwhile, the organizational aspect of technology infrastructure and length of business operations, and the environmental aspect of the presence of competitors have been confirmed to have no influence. The policy implications of these findings suggest the government as the stakeholders to adopt policies related to the issues in implementing the digital payments and the Bank Indonesia program towards a cashless society in 2025, and there is a need to increase digital literacy for the MSME actors in Salatiga City to remain competitive in this increasingly fast era of technology advancement