Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
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Employment status and women's fertility: Do working women have fewer children?
No full textThis study aims to analyze the differences in fertility between employed and unemployed women in Jambi City and identify the socio-economic factors influencing the number of children they have. The study applies Propensity Score Matching (PSM) to ensure a fairer comparison between the two groups and Inverse Probability Weighting (IPW) to control for other variables that may affect the relationship between employment status and fertility. The results of the analysis indicate that the average number of children is higher among unemployed women than among employed women. However, after applying IPW weighting, employment status no longer has a significant effect on the number of children. Instead, economic factors, particularly household income, play a more significant role in determining fertility. Additionally, women’s age contributes to fertility differences, with older women tending to have fewer children. Meanwhile, education level and age at first marriage do not show a significant effect after weighting
Designing a sustainability program pathway for the Grinsing weaving industry: a prospective MULTIPOL approach
Get PDFGrinsing weaving, a traditional art form unique to Bali, represents a significant aspect of the island's cultural heritage. This study aims to analyze the sustainability of the Grinsing weaving industry program by developing scenarios and formulating recommendations. Primary data were collected through surveys and Focus Group Discussions (FGDs) with 19 craftsmen and stakeholders. The MULTIPOL approach was employed for the analysis. The results indicate that the sustainability of the Grinsing weaving industry can be enhanced through policy scenarios focused on strengthening institutions and regulations to protect nature, customs, and culture, as well as developing the skills of craftsmen. This research provides valuable insights for stakeholders in shaping the development policies for the Grinsing weaving industry at the research site
The effect of partnership and information and communication technology (ICT) capability on competitive advantage through entrepreneurial marketing: a study on culinary sector SMEs in Batam City
Get PDFThis study analyzes the influence of partnership and Information and Communication Technology (ICT) capability on competitive advantage through entrepreneurial marketing. The research employs a quantitative approach with descriptive analysis, involving data collected through questionnaires, interviews, and observations from 56 culinary sector SMEs in Batam City. The data analysis technique used is Structural Equation Modeling-Partial Least Square (SEM-PLS). The results indicate that partnership and ICT capability positively and significantly affect entrepreneurial marketing, enhancing coordination and technology usage among SMEs. However, these variables do not significantly impact competitive advantage directly. On the other hand, entrepreneurial marketing demonstrates a positive and significant influence on competitive advantage, highlighting the importance of strong customer relationships and high-value product creation. Additionally, ICT capability significantly influences competitive advantage through entrepreneurial marketing, emphasizing the role of technology in enhancing business flexibility and marketing capabilities
Determinants of Sustainable Development Goals (SDGs) in Indonesia: Mapping with Cartesius Diagram
Get PDFThis research aims to explore the long- and short-term relationships and the quality of interactions between variables within the framework of the Sustainable Development Concept, focusing on the social aspect (Human Development Index), economic aspect (economic growth), and environmental aspect (Environmental Quality Index) in the context of reducing poverty rates in Indonesia. The methodology employed is the Panel Vector Error Correction Model (P-VECM) analysis for panel data, combining time series (2010-2022) and cross-section data (34 provinces in Indonesia), along with a Cartesian diagram to identify which provinces have the greatest potential for achieving evenly distributed SDG progress. The results show that the Granger causality test reveals no one-way or two-way causal relationships or interactions between the human development index, economic growth, and environmental quality index. In the long-term analysis, only the human development index significantly impacts poverty, with a negative correlation. In contrast, economic growth and the environmental quality index do not have a long-term relationship with Indonesia's poverty levels. These findings suggest that improving the quality of education, healthcare, and living standards in the long term can effectively reduce poverty, especially in Indonesia. Pro-poor government policies are crucial to prevent widening inequality and ensure that economic growth benefits the upper class and the lower and middle classes through more equitable income distribution
The impact of fiscal policy on the underprivileged population in Indonesia
Get PDFThis study examines the impact of government spending across various sectors on poverty in Indonesia, motivated by the need to understand how fiscal policies affect the well-being of people experiencing poverty. Using Ordinary Least Square (OLS) and Least Square Dummy Variable (LSDV) models, the findings reveal that government spending on public services, health, education, and social protection significantly affects the number of poor people. However, spending on public services and education shows a positive coefficient, which may result from mandatory spending regulations not directly aimed at improving welfare. In contrast, government spending in the economic sector has an insignificant impact on poverty, indicating that the effects may require more than one period to manifest. Further analysis is necessary to explore this relationship. The consistency of the results was enhanced by incorporating district/city status as a predictor. These findings highlight the need for a more targeted approach to government spending to reduce poverty in Indonesia effectively
Examining the interplay of brand satisfaction, trust, and loyalty among BSI mobile users: The mediating role of brand attachment
Get PDFThis study investigates the effects of brand satisfaction, trust, and loyalty among Bank Syariah Indonesia (BSI) mobile phone users. Additionally, it delineates the mediating role of brand attachment on a collective and individual scale. The study utilizes a sample drawn from diverse BSI customer bases across Indonesia. Data was gathered through structured questionnaires disseminated via WhatsApp, Facebook, and email, facilitated by Google Forms. The research adopted a quantitative methodology, incorporating statistical and hypothesis tests, with preliminary evaluations involving validity, reliability, and normality tests. Data analysis encompassed qualitative and quantitative methodologies, employing Structural Equation Modeling (SEM) for the quantitative segment. This pioneering research in Indonesia scrutinizes the interrelations between brand satisfaction, brand trust, and brand loyalty, specifically in the context of BSI mobile phone users, offering potential insights that might be pivotal for augmenting BSI's clientele. The findings demonstrate that the model's Goodness of Fit index meets the requisite criteria, illustrating the analytical competence of the model. Identifying service quality, marketing mix, and brand image as significant determinants influencing customer satisfaction is noteworthy. Furthermore, the research unveils that brand satisfaction, trust, and attachment are instrumental in shaping brand loyalty among BSI mobile users. Distinctively, brand satisfaction exerts an indirect influence on brand loyalty mediated by brand attachment, paralleled by a similar indirect influence of brand trust on brand loyalty through brand attachment. Incorporating brand attachment as a mediating variable in this study augments the comprehension of the interplay between these elements, yielding more substantial conclusions about their impact on brand loyalty
Strategies for economic empowerment via BUMDes: A path to sustainable development in Renah Alai Village
Get PDFThe BUMDes, a village business entity managed by local communities, bolsters local economies and is established based on village-specific needs and potential. While the BUMDes in Renah Alai remains nascent, its contributions to the village's development and local community welfare have been limited. For the enduring success of the community, an empowerment strategy for BUMDes involving the government, village officials, and local stakeholders should accentuate rural local wisdom, encompassing socio-demographic constructs, agricultural enterprises, and village institutional frameworks. This research sought to conceptualize and dissect the paradigm of village economic enhancement via BUMDes in Renah Alai, targeting sustainable village growth. The SWOT-AHP analytical tool was employed, with the AHP approach yielding strategic recommendations through the SWOT matrix. Data was amassed via surveys and comprehensive interviews and processed through Focus Group Discussions (FGD) with pertinent village agencies and officials. The SWOT matrix's cumulative weights revealed that the Weakness-Opportunity strategy matrix was paramount, marking it as a cornerstone for the Renah Alai BUMDes Empowerment roadmap. The SWOT-AHP analysis delineated four pivotal empowerment areas for BUMDes in Renah Alai: 1) Institutional fortification of BUMDes, 2) Human resource quality enhancement, 3) Infrastructure, and 4) Capital acquisition
Shifting the paradigm for securing efficient management of exchange rate in Nigeria: A GARCH and BEKK-MGARCH analysis
Get PDFThe influence of foreign exchange on all spheres of any economy is germane to determining its extent of development. Most developing countries have been subjected to managing the integrity of the exchange rate arising from their disadvantageous position in world trade. Nigeria is not an exemption either; this is due to its constant interventions in the foreign exchange market from time to time and by the policy of the existing government in power. However, the interventionist policy framework has been more harmful to Naira as the currency depreciates unabatedly. The pertinent question is whether monetary policy should be the only approach to effective exchange rate management or be combined with fiscal and income policies. Irrespective of the policy choice, the aim, target, and instrument must be complementary without unnecessary disruptions midway, as usually experienced in Nigeria. These inconsistencies have come to bear enormously on the country's exchange rate management. Rather than focusing on the impact of exchange rate volatility on industrial development that could warrant foreign exchange inflows, this paper considers industrialization as an approach to effectively managing exchange rates in Nigeria. This analysis employs a univariate GARCH and BEKK-MGARCH model, using high-frequency monthly time series data from 2000 to 2019, to examine the volatility transmission between the foreign exchange market and the industrial sector. The model estimation uses the Conditional Maximum Likelihood Technique (CMLT). It was discovered that industrial development positively influenced the official market exchange rate compared to the parallel market exchange rate, reducing its volatility. The study thus suggests the vigorous pursuit of foreign exchange earnings and usage policy by earning entities, floating Diaspora bonds, enhancing and encouraging remittances and repatriation of illicit financial outflows to enhance industrialization. This will discourage arbitraging, increasing foreign exchange inflows and stabilizing the economy
Do foreign direct investment, trade and their interactions affect economic growth in Indonesia?
Get PDFThis study examines the direct and indirect impacts of foreign direct investment, exports, and imports on Indonesia's long-term and short-term economic growth. To this end, we used quarterly data for 2005.1–2021.4 sourced from Statistics Indonesia, the Bank of Indonesia, and the Bank of St. Louis. The analytical tools employed were the autoregressive model of the lag distribution (ARDL) and the error correction model (ECM-ARDL). Findings showed that foreign direct investment, exports, and imports directly affected Indonesia's economic growth. However, while the two formers had an impact only in the short run, the latter also did so in the long run. In addition, foreign direct investment also indirectly influenced economic growth through exports in the short and long run, whereas this was not the case with imports. Based on these findings, we argue for policy recommendations. To begin with, the government should encourage foreign direct investment, which may gradually replace imported raw materials with local raw resources, thereby creating an upstream connection while slowing the rate of imports. Furthermore, the government needs to adopt a policy of downstream processing of primary commodities into industrial commodities to increase export value and expand employment opportunities
Examining growth centers and agricultural base commodities to enhance regional development in Tanjung Jabung Barat Regency, Jambi Province
Get PDFDetermining growth centers and agricultural base commodities is essential for optimizing economic development and achieving economic equality in the Tanjung Jabung Barat Regency area. This study aimed to identify sub-districts that could become growth centers, establish agricultural commodities based in each Tanjung Jabung Barat Regency sub-district, and examine interactions between growth centers and surrounding areas. Three methods employed in this research include Scalogram analysis, Centrality Index, Location Quotient, and Dynamic Location Quotient. Based on the Scalogram analysis and Centrality Index results for the 13 Tanjung Jabung Barat Regency sub-districts, four sub-districts were identified as potential growth centers: Tungkal Ilir, Tebing Tinggi, and Merlung. The Tanjung Jabung Barat Regency Government is recommended to establish basic commodity specialization in each sub-district and strengthen inter-regional linkages to accelerate regional economic equity