Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
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Assymmetric effect exchange rate to Indonesian agriculture subsector
Get PDFThis study explores the asymmetric effect on the rupiah exchange rate on every subsector agriculture export in Indonesia during 2006-2020. The non-linear ARDL method is used in this study to analyze the asymmetric relationship between exchange rate and export. NARDL method includes short-run and long-run coefficient estimates and embraces the asymmetric effect. The previous studies generally used the linear models on the aggregated data and ignored the differences in each export of the agricultural sub-sector, then they offered ambiguous results. The latest studies have preferred to use the method of NARDL on the agricultural sector in general data. Instead of using agricultural export data for each subsector, this paper considers subsector export data of agriculture. The estimated NARDL results indicate an asymmetric effect of the rupiah exchange rate on exports of the agricultural sub-sector in the long run. In general, there is no asymmetric effect in the short run. Generally, depreciation and appreciation of the Rupiah have a negative effect on exports of the agricultural sub-sector in the long run. However, rupiah appreciation positively impacts lag 2, and depreciation caused a different effect on each sub-sector. The NARDL results suggest that positive movements have lesser impacts than those of negative movements in the exchange rate on the agriculture sector both in the short and long ru
Critical success factors of public-private partnership from 2000 to 2019: A literature review
Get PDFPublic-Private Partnership (PPP) is one of the schemes that have inspired many countries in infrastructure development. One of the most discussed PPP topics by researchers is the concept of Critical Success Factors (CSF). Therefore, this study examines CSF publications for PPP projects from selected journal sites from 2000-2019. The results showed that research on CSF in PPP began to increase in 2012. The most identified CSFs were appropriate risk allocation and sharing, competitive and transparent procurement processes, favorable and efficient legal frameworks, commitment and responsibility of the public and private sectors, and a robust and reliable private consortium. Furthermore, it was also found that most countries that were the objects of research on PPP CSF were China, followed by Hong Kong and Australia. The results also show that the dominant research focuses on multi-sector types of infrastructure where CSF can be applied to all infrastructure sectors. The findings obtained in this study can provide an overview of CSFs for projects with PPP schemes in the future. Besides, the identified CSFs can be applied to any PPP infrastructure sector. They can assist stakeholders in increasing the likelihood of PPP project success and can be adopted for further researc
Kaizen implementation and its challenges in small and medium manufacturing firms: A case of Woliso Town, Ethiopia
Get PDFIn the modern world, industrial transformation receives great attention. As a result, many companies are becoming successful by implementing Kaizen as a change agent. Nevertheless, there were few pathways of continuous improvements, mainly because of abandonment of Kaizen philosophy, organizational resistance to change, lack of proper implementation and monitoring techniques, lack of employees’ motivation, and scarcity of resources. The study aimed to examine Kaizen implementation and its challenges in small and medium manufacturing firms of Woliso town. The study employed descriptive research adopting a quantitative research approach—the researcher used 55 small and medium manufacturing firms of Woliso town. In addition, the study employed primary data collected through open-ended and close-ended questionnaires. The study found that most sampled firms lack awareness about Kaizen because of a lack of training opportunities. Similarly, Kaizen philosophy is considered exhaustive and routine the attitude of owners, managers, and employees in Kaizen implementation is very weak. Finally, the study recommended that it is important to provide continuous training programs for employees and managers of small and medium manufacturing firms. Most importantly, to extend Kaizen's philosophy, it is essential to incorporate it into the school curriculum
Financial development and tourism at the traditional village in Gianyar, Bali: Tri Hita Karana Value
Get PDFTri Hita Karana (THK) is the foundation and guide of the general Hinduism society in living their life. This study aims to identify THK integration on the synergy Village Credit Institution (LPD) and traditional village and observe the LPD contribution in the financial and tourism development at the traditional village in Gianyar, Bali. An ethnography approach was used to identify the problem. The result found that THK has a substantial role in the existence of LPD, which contributes to the traditional village development, especially in Gianyar. The existence of LPD also contributes significantly to the village's financial development, and the existence of LPD could have a significant impact on society’s knowledge and access to financial and services and promoting the regional tourism potential. This effort is also a form of strengthening and maintaining the sustainable existence of traditional village tourism and improving LPD performance in terms of financing and financial management of traditional village
Entrepreneurship intentions for students in Jambi Province, Indonesia (Study in response to the implementation of the freedom to learn, independent campus)
Get PDFThis study aims to: 1) analyze the characteristics of student entrepreneurial intentions in Jambi Province; 2) Analyze the factors that influence student entrepreneurial intentions in Jambi Province. The main data used are primary data collected from student respondents in Jambi Province. Apart from that, secondary data were also collected related to entrepreneurial aspects from related agencies. Descriptive statistical tools and single or cross-frequency tables were used to analyze respondents' characteristics and entrepreneurial intentions. To analyze the factors that influence student entrepreneurial intentions using the Structural Equation Modeling (SEM) model. The results of the study found that students' interest in entrepreneurship in Jambi Province was relatively high. It shows that there is a high potential for students to become young entrepreneurs in the future. Individual characteristics, attitudinal factors significantly influence this entrepreneurial interest, and contextual factors from students Skills should follow this high interest in entrepreneurship in entrepreneurship. Therefore, in collaboration with central and local governments, universities are advised to develop and improve students' entrepreneurship training
An empirical nexus between poverty and unemployment on economic growth
Get PDFThe study examines the empirical nexus between poverty and unemployment on economic growth in Nigeria between 1980 and 2016. Auto-Regressive Distributed Lag (ARDL), Bound cointegration testing, and Error Correction Methods (ECM) were used to investigate the link between unemployment, poverty rate, and economic growth in Nigeria. Post estimation tests such as the Jarque-Bera test, Breusch-Pagan, ARCH test, and Ramsey reset test were also adopted in order to validate the research finding. The diagnostic tests further disclosed that the estimated model follows the Ordinary Least Square technique assumptions to attain efficiency and consistency of the model employed. The Jarque-Bera test suggests that residuals for both models are normally distributed, and the Breusch-Godfrey Serial Correlation (LM) test indicates that the hypothesis of no autocorrelation cannot be rejected. Interestingly, the ARDL and ECM results show that unemployment and poverty significantly impact economic growth both in the short and long run. Hence, the study recommended that the Nigeria government should ensure that adequate measures are put in place: Such as investment in education, agricultural sector reform, expansionary fiscal policy, intervention in micro-lending for small scale businesses by the government should be implemented to reduce the level of unemployment and poverty rate both in the short run and long run
African Continental Free Trade Area (AfCFTA) Agreement and the Mega-Regional Trade Agreements (MRTAs): what are the underlying challenges and prospects for Africa-South-South trade?
Get PDFThis study examines the possible challenges and prospects of the recent signing of the African Continental Free Trade Area (AfCFTA) Agreement on South-South trade. The recent ratification of the agreement by the African Union (AU) Heads of Government and the establishment of the mega-regional trade agreements (MRTAs) by the major global trading economies are the biggest since the establishment of the WTO. One of these regional and continental agreements' principal objectives is to further strengthen trade terms and balance of trade statistics between member nations. Whereas almost all the regional and continental blocs have to a large extent, achieved the purpose of their trade agreements, Africa stands out as the only region whose intra-trade value still constitutes less than 15% of global trade share. Many reasons have been adduced to be responsible for the weak trade performance, one of which is weak regional integration. This study, therefore, concludes that for Africa to achieve significant improvement in global trade, the region needs to encourage regional trade, which will act as a catalyst for transforming the domestic economies and lay a robust foundation for healthy regional competition and integratio
Pricing strategy at the local salt industry institutional structure of East Java, Indonesia
Get PDFThis study aims to create a strategy to increase local salt prices in the East Java Region. The analytical method used in this study is the Analytical Hierarchy Process (AHP) method to create a strategy to increase local salt prices in East Java. The analysis reveals that the problems in the field can be classified into three groups of problems, namely salt quality problems, marketing problems, and problems in financing. Based on these problems, the main policy alternatives we make are product standardization, market regulation, and financial regulation
Analysis of social welfare program and married women labor participation in West Sumatra
Get PDFSocial welfare program from the government has a role in reducing poverty rates and improving the welfare of poor households. Through social assistance, it can increase household income and indirectly alleviate the need for women to work. This study aims to analyze the effect of government social assistance on the probability of married women participating in the labor market. This study uses secondary data from the National Socio-Economic Survey (SUSENAS) in 2019 in West Sumatra. Using the logit model, the results of this study show that married women who are receiving social assistance have a greater opportunity to participate in the labor market
Productivity of Islamic Banking in Indonesia
Get PDFOne measurement tool to increase banking performance, especially Islamic banking, is from the productivity side. Productivity measurement is done to determine how far a bank can run its operational activities by minimalizing input and maximalizing output results. This study aims to analyze the productivity level of Islamic Banking in Indonesia. The research sample was 11 Islamic banks from 2010 to 2019. Data obtained through financial statements and then divided into input and output variables. The productivity measurement technique by using Malmquist Index. The research shows that Islamic banking productivity with a cost approach indicates that Islamic banking has achieved a productive stage. It is seen from the average TFPCH (Total Factor Productivity Change) score that is quite high. It indicates that the decrease in Indonesia's Islamic banking growth generally occurs due to technology chang