Pub Date : 2020-02-08DOI: 10.15408/sjie.v9i1.14056
Lely Ratwianingsih, M. Cahyadin, S. Sutomo
The Government has enacted Law Number 6/2014 concerning Villages. One policy included in that Law is the provision of Village Funds (Dana Desa) in which its implementation can be investigated based on non-economic aspects. For this reason, this study aims to analyze the impact of non-economic factors on Village Funds disbursed in 29 districts in Central Java Province. These factors include population and the Human Development Index (HDI). While using secondary data from 2015-2017, this research employs a method using panel data with the best model known as the Fixed Effects Model (FEM). The FEM estimation results show that the population has a significant impact, while HDI's impact is not significant. Besides, the ratio between Village Funds and the population has a significant impact on Village Funds. Thus, both the Central and the Regional Government, as well as the Village Heads, should consider the population in allocating Village Funds. The contribution of this study is that the Government should formulate an appropriate policy for Village Funds allocation by considering non-economic factors in each village. JEL Classification : O10, O23, E62 How to Cite: Ratwianingsih, L., Cahyadin, M., & Sutomo. (2020). Do Non-Economic Factors Affect Village Funds?. Signifikan: Jurnal Ilmu Ekonomi , Vol. 9(1), 93-106. doi: http://dx.doi.org/10.15408/sjie.v9i1.14056.
政府颁布了关于村庄的第6/2014号法律。该法中包含的一项政策是提供乡村基金（Dana Desa），在该基金中，可以根据非经济方面对其执行情况进行调查。因此，本研究旨在分析非经济因素对中爪哇省29个地区乡村资金支出的影响。这些因素包括人口和人类发展指数。在使用2015-2017年的二次数据的同时，本研究采用了一种使用面板数据的方法，该方法的最佳模型被称为固定效应模型（FEM）。FEM估计结果表明，人口具有显著影响，而人类发展指数的影响并不显著。此外，乡村资金与人口的比例对乡村资金有显著影响。因此，中央和地区政府以及村长在分配乡村资金时都应考虑人口因素。这项研究的贡献是，政府应考虑每个村庄的非经济因素，制定适当的村庄资金分配政策。JEL分类：O10，O23，E62如何引用：Ratwianingsih，L.，Cahyadin，M.和Sutomo。（2020）。非经济因素会影响乡村资金吗？。签名：Jurnal Ilmu Ekonomi，第9卷（1），93-106。doi：http://dx.doi.org/10.15408/sjie.v9i1.14056.
{"title":"Do Non-Economic Factors Effect Village Fund?","authors":"Lely Ratwianingsih, M. Cahyadin, S. Sutomo","doi":"10.15408/sjie.v9i1.14056","DOIUrl":"https://doi.org/10.15408/sjie.v9i1.14056","url":null,"abstract":"The Government has enacted Law Number 6/2014 concerning Villages. One policy included in that Law is the provision of Village Funds (Dana Desa) in which its implementation can be investigated based on non-economic aspects. For this reason, this study aims to analyze the impact of non-economic factors on Village Funds disbursed in 29 districts in Central Java Province. These factors include population and the Human Development Index (HDI). While using secondary data from 2015-2017, this research employs a method using panel data with the best model known as the Fixed Effects Model (FEM). The FEM estimation results show that the population has a significant impact, while HDI's impact is not significant. Besides, the ratio between Village Funds and the population has a significant impact on Village Funds. Thus, both the Central and the Regional Government, as well as the Village Heads, should consider the population in allocating Village Funds. The contribution of this study is that the Government should formulate an appropriate policy for Village Funds allocation by considering non-economic factors in each village. JEL Classification : O10, O23, E62 How to Cite: Ratwianingsih, L., Cahyadin, M., & Sutomo. (2020). Do Non-Economic Factors Affect Village Funds?. Signifikan: Jurnal Ilmu Ekonomi , Vol. 9(1), 93-106. doi: http://dx.doi.org/10.15408/sjie.v9i1.14056.","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"9 1","pages":"93-106"},"PeriodicalIF":0.0,"publicationDate":"2020-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47683756","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-02-08DOI: 10.15408/sjie.v9i1.12200
D. Nauly, H. Harianto, S. Hartoyo, T. Novianti
Indonesia requires foreign investment to meet the capital needs of the food industries. On the other hand, foreign presence can cause high industrial concentration. This paper analyzes the effect of foreign presence on the concentration of the food industry in Indonesia using panel data from 28 subsectors in the period 2011-2015. The data used is the annual Large and Medium Industries Survey (IBS) data from Statistics Indonesia. The concentration indicators used are the concentration ratio (CR4) and the Herfindahl Hirschman Index (HHI). By using panel regression, the result shows that foreign presence has a positive influence on the concentration of the food industry in Indonesia. Besides, the economies of scale and market size also significantly influence the concentration of the food industry. The result indicates that the government investment policy must endorse more competition among firms. JEL Classification Code: L66, L16 How to Cite: Nauly, D., Harianto., Hartoyo, S., & Novianti, T. (2020). Foreign Presence and Industrial Concentration in Indonesian Food Industry. Signifikan: Jurnal Ilmu Ekonomi , Vol. 9(1), 69-80. doi: http://dx.doi.org/10.15408/sjie.v9i1.12200.
印度尼西亚需要外国投资来满足食品行业的资本需求。另一方面，外国的存在会导致工业高度集中。本文利用2011-2015年期间28个分部门的面板数据分析了外国存在对印度尼西亚食品行业集中度的影响。使用的数据是印尼统计局的年度大中型工业调查（IBS）数据。使用的浓度指标是浓度比（CR4）和赫芬达尔-赫希曼指数（HHI）。通过面板回归分析，结果表明外国存在对印尼食品工业的集中度有积极影响。此外，规模经济和市场规模也显著影响食品行业的集中度。结果表明，政府的投资政策必须支持企业之间的更多竞争。JEL分类代码：L66，L16如何引用：Nauly，D.，Harianto。，Hartoyo，S.和Novianti，T.（2020）。印尼食品工业的外国存在和产业集中。签名：Jurnal Ilmu Ekonomi，第9卷（1），69-80。doi：http://dx.doi.org/10.15408/sjie.v9i1.12200.
{"title":"Foreign Presence and Industrial Concentration In Indonesian Food Industries","authors":"D. Nauly, H. Harianto, S. Hartoyo, T. Novianti","doi":"10.15408/sjie.v9i1.12200","DOIUrl":"https://doi.org/10.15408/sjie.v9i1.12200","url":null,"abstract":"Indonesia requires foreign investment to meet the capital needs of the food industries. On the other hand, foreign presence can cause high industrial concentration. This paper analyzes the effect of foreign presence on the concentration of the food industry in Indonesia using panel data from 28 subsectors in the period 2011-2015. The data used is the annual Large and Medium Industries Survey (IBS) data from Statistics Indonesia. The concentration indicators used are the concentration ratio (CR4) and the Herfindahl Hirschman Index (HHI). By using panel regression, the result shows that foreign presence has a positive influence on the concentration of the food industry in Indonesia. Besides, the economies of scale and market size also significantly influence the concentration of the food industry. The result indicates that the government investment policy must endorse more competition among firms. JEL Classification Code: L66, L16 How to Cite: Nauly, D., Harianto., Hartoyo, S., & Novianti, T. (2020). Foreign Presence and Industrial Concentration in Indonesian Food Industry. Signifikan: Jurnal Ilmu Ekonomi , Vol. 9(1), 69-80. doi: http://dx.doi.org/10.15408/sjie.v9i1.12200.","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"9 1","pages":"69-80"},"PeriodicalIF":0.0,"publicationDate":"2020-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45506077","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-02-08DOI: 10.15408/sjie.v9i1.10955
C. J. Anwar, Okot Nicholas
This study provides evidence on the relationship between central bank reforms and inflation dynamics in a sample of 37 developing countries. We use panel structural break test and Granger non ‐ causality tests on annual inflation and the legal index of central bank independence (CBI), as a proxy of central bank reform, over 40 years period. The empirical results indicate a positive effect of central bank independence on inflation stabilization. Besides, we find that there exists bi-directional causality between central bank reforms and inflation. These findings suggest that central bank independence is beneficial in terms of sustained macroeconomic stabilization and should harness among developing countries. In particular, reforms should design to give central banks more autonomy in the conduct of monetary policy and financial sector regulation. JEL Classifications: E31, E58 How to Cite: Anwar, C. J., & Nicholas, O. (2020). Causality Relationship Between Central Bank Reforms and Inflation: Evidence from Developing Countries. Signifikan: Jurnal Ilmu Ekonomi , Vol. 9(1), 15-30. doi: http://dx.doi.org/10.15408/sjie.v9i1.10955.
这项研究为37个发展中国家的央行改革与通货膨胀动态之间的关系提供了证据。我们使用面板结构断裂检验和Granger非因果检验对40年来的年度通货膨胀和央行独立性法律指数（CBI）进行了检验，作为央行改革的代表。实证结果表明，央行独立性对通胀稳定具有积极影响。此外，我们发现中央银行改革与通货膨胀之间存在双向因果关系。这些发现表明，中央银行的独立性有利于持续的宏观经济稳定，应该在发展中国家中发挥作用。特别是，改革的设计应该赋予中央银行在执行货币政策和金融部门监管方面更多的自主权。JEL分类：E31，E58如何引用：Anwar，C.J.和Nicholas，O.（2020）。中央银行改革和通货膨胀之间的因果关系：来自发展中国家的证据。签名：Jurnal Ilmu Ekonomi，第9卷（1），15-30。doi：http://dx.doi.org/10.15408/sjie.v9i1.10955.
{"title":"Causality Relationship between Central Bank Reforms and Inflation: Evidence from Developing Countries","authors":"C. J. Anwar, Okot Nicholas","doi":"10.15408/sjie.v9i1.10955","DOIUrl":"https://doi.org/10.15408/sjie.v9i1.10955","url":null,"abstract":"This study provides evidence on the relationship between central bank reforms and inflation dynamics in a sample of 37 developing countries. We use panel structural break test and Granger non ‐ causality tests on annual inflation and the legal index of central bank independence (CBI), as a proxy of central bank reform, over 40 years period. The empirical results indicate a positive effect of central bank independence on inflation stabilization. Besides, we find that there exists bi-directional causality between central bank reforms and inflation. These findings suggest that central bank independence is beneficial in terms of sustained macroeconomic stabilization and should harness among developing countries. In particular, reforms should design to give central banks more autonomy in the conduct of monetary policy and financial sector regulation. JEL Classifications: E31, E58 How to Cite: Anwar, C. J., & Nicholas, O. (2020). Causality Relationship Between Central Bank Reforms and Inflation: Evidence from Developing Countries. Signifikan: Jurnal Ilmu Ekonomi , Vol. 9(1), 15-30. doi: http://dx.doi.org/10.15408/sjie.v9i1.10955.","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"9 1","pages":"15-30"},"PeriodicalIF":0.0,"publicationDate":"2020-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46804393","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-02-08DOI: 10.15408/sjie.v9i1.12903
J. Susanto, Didit Welly Udjianto
This research wants to analyze wage spillovers in Yogyakarta and Central Java, and whether these spillovers induce labor productivity spillovers. This study uses data published by the Central Bureau of Statistics (BPS) and includes wage rate, regency/city minimum wage, capital intensity, education level, growth, and labor productivity. The spatial regression is using in this study. The results show that there is a wage spillover across regencies/municipalities in Yogyakarta and Central Java. The wage rate is not only influenced by the variables in the area but is also by the wage rates in the surrounding area. However, these wage spillovers do not encourage labor productivity spillovers. The labor productivity in a regency/city depends on the availability of physical capital in this area. An expansion in labor productivity in a zone does not affect the increment in labor productivity in the encompassing zone. The physical capital not easily moved between regencies/cities. JEL Classification: J24, J3, J61, How to Cite: Susanto, J., & Udjianto, D. W. (2020). Do Wage Spillovers Lead to Labor Productivity Spillovers? Signifikan: Jurnal Ilmu Ekonomi , Vol. 9(1), 51-68. doi: http://dx.doi.org/10.15408/sjie.v9i1.12903.
{"title":"Do Wage Spillovers Lead to Labor Productivity Spillovers?","authors":"J. Susanto, Didit Welly Udjianto","doi":"10.15408/sjie.v9i1.12903","DOIUrl":"https://doi.org/10.15408/sjie.v9i1.12903","url":null,"abstract":"This research wants to analyze wage spillovers in Yogyakarta and Central Java, and whether these spillovers induce labor productivity spillovers. This study uses data published by the Central Bureau of Statistics (BPS) and includes wage rate, regency/city minimum wage, capital intensity, education level, growth, and labor productivity. The spatial regression is using in this study. The results show that there is a wage spillover across regencies/municipalities in Yogyakarta and Central Java. The wage rate is not only influenced by the variables in the area but is also by the wage rates in the surrounding area. However, these wage spillovers do not encourage labor productivity spillovers. The labor productivity in a regency/city depends on the availability of physical capital in this area. An expansion in labor productivity in a zone does not affect the increment in labor productivity in the encompassing zone. The physical capital not easily moved between regencies/cities. JEL Classification: J24, J3, J61, How to Cite: Susanto, J., & Udjianto, D. W. (2020). Do Wage Spillovers Lead to Labor Productivity Spillovers? Signifikan: Jurnal Ilmu Ekonomi , Vol. 9(1), 51-68. doi: http://dx.doi.org/10.15408/sjie.v9i1.12903.","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"9 1","pages":"51-68"},"PeriodicalIF":0.0,"publicationDate":"2020-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43961936","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The income inequality in Indonesia reached the highest level during the decentralization era and suspected to be the cause of the slowdown of the economic growth in the last five years to 2015. This paper investigates whether increasing inequality had a positive or negative impact on economic growth in Indonesia. Using dynamic panel and applying Generalized Method of Moments (GMM) estimator, the result concluded that there is a significant positive relationship between income inequality and economic growth. However, this study cannot draw a definite conclusion about the association for the different classes (bottom, middle, and top level) since only one-step system GMM is significant. Based on the result, it implies that the government should be more careful in regulating the inequality policy and understand more about the right mechanism of inequality and economy growth. DOI: 10.15408/sjie.v7i2.6177
{"title":"Inequality and Economic Growth in Indonesia in the 2000's","authors":"Damayanti Simangunsong, Kuang-Hui Chen","doi":"10.15408/sjie.v7i2.6177","DOIUrl":"https://doi.org/10.15408/sjie.v7i2.6177","url":null,"abstract":"The income inequality in Indonesia reached the highest level during the decentralization era and suspected to be the cause of the slowdown of the economic growth in the last five years to 2015. This paper investigates whether increasing inequality had a positive or negative impact on economic growth in Indonesia. Using dynamic panel and applying Generalized Method of Moments (GMM) estimator, the result concluded that there is a significant positive relationship between income inequality and economic growth. However, this study cannot draw a definite conclusion about the association for the different classes (bottom, middle, and top level) since only one-step system GMM is significant. Based on the result, it implies that the government should be more careful in regulating the inequality policy and understand more about the right mechanism of inequality and economy growth. DOI: 10.15408/sjie.v7i2.6177","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"7 1","pages":"201-212"},"PeriodicalIF":0.0,"publicationDate":"2018-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49204661","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The global financial crisis in 2007 followed by Indonesia’s largest labor demonstration in 2013 encouraged turmoils on Indonesia labor market. This paper examines the effect of the minimum wage on wage distribution in 2007 and 2014 and how the minimum wage increases in 2014 affected the distribution of wage differences between 2007 and 2014. This study employs recentered influence function (RIF) regression method to estimate the wage function by using unconditional quantile regression. Furthermore, to measure the effect of the minimum wage increase in 2014 on the distribution of wage differences, it uses the Oaxaca–Blinder decomposition method. Using balanced panel data from the Indonesian Family Life Survey (IFLS), it found that the minimum wage mitigates wage disparity in 2007 and 2014. The minimum wage policy in 2014 leads to an increase in the wage difference between 2007 and 2014, with the largest wage difference being in the middle distribution. DOI: 10.15408/sjie.v7i2.6125
{"title":"The Effects of Minimum Wage Throughout the Wage Distribution in Indonesia","authors":"S. Dewi","doi":"10.15408/sjie.v7i2.6125","DOIUrl":"https://doi.org/10.15408/sjie.v7i2.6125","url":null,"abstract":"The global financial crisis in 2007 followed by Indonesia’s largest labor demonstration in 2013 encouraged turmoils on Indonesia labor market. This paper examines the effect of the minimum wage on wage distribution in 2007 and 2014 and how the minimum wage increases in 2014 affected the distribution of wage differences between 2007 and 2014. This study employs recentered influence function (RIF) regression method to estimate the wage function by using unconditional quantile regression. Furthermore, to measure the effect of the minimum wage increase in 2014 on the distribution of wage differences, it uses the Oaxaca–Blinder decomposition method. Using balanced panel data from the Indonesian Family Life Survey (IFLS), it found that the minimum wage mitigates wage disparity in 2007 and 2014. The minimum wage policy in 2014 leads to an increase in the wage difference between 2007 and 2014, with the largest wage difference being in the middle distribution. DOI: 10.15408/sjie.v7i2.6125","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"7 1","pages":"221-232"},"PeriodicalIF":0.0,"publicationDate":"2018-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46556725","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study aims at estimating the difference health and education performance between children with exposure to smoke and those who are not at home. An environment with the extreme smoke condition has adverse health effects. This study utilizes longitudinal data namely Indonesia Family Life Survey period 2007 and 2014 (IFLS4 and IFLS5). We use the Propensity Score Matching (PSM) method and the Average Treatment Effect on Treated (ATT). The health indicator is proxied by body mass index (BMI) and educational achievement proxied with children cognitive ability. The results show that children who grow in a household with active smoker tend to have lower health status and educational attainment compare to children who are not. This study recommends public policy for banning smoking in public areas as well as inside building such as house and office in Indonesia. DOI: 10.15408/sjie.v7i2.5793
{"title":"Smoking Behavior and Human Capital Investment: Evidence from Indonesian Household","authors":"A. G. Allo, N. Sukartini, Endah Saptutyningsih","doi":"10.15408/sjie.v7i2.5793","DOIUrl":"https://doi.org/10.15408/sjie.v7i2.5793","url":null,"abstract":"This study aims at estimating the difference health and education performance between children with exposure to smoke and those who are not at home. An environment with the extreme smoke condition has adverse health effects. This study utilizes longitudinal data namely Indonesia Family Life Survey period 2007 and 2014 (IFLS4 and IFLS5). We use the Propensity Score Matching (PSM) method and the Average Treatment Effect on Treated (ATT). The health indicator is proxied by body mass index (BMI) and educational achievement proxied with children cognitive ability. The results show that children who grow in a household with active smoker tend to have lower health status and educational attainment compare to children who are not. This study recommends public policy for banning smoking in public areas as well as inside building such as house and office in Indonesia. DOI: 10.15408/sjie.v7i2.5793","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"7 1","pages":"233-246"},"PeriodicalIF":0.0,"publicationDate":"2018-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46458293","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Since 2013, the residential electricity price for High VA (Volt-Ampere) households has changed due to changes in pricing policies. This paper analyzes the responsiveness of residential electricity demand to the change in electricity prices and income among two different household groups (Low VA and High VA) in 2011 and 2014. Using an electricity consumption model and the Quantile Regression method, the results show that residential electricity demand is price and income inelastic. Income elasticity is lower than price elasticity. Furthermore, the effects on price elasticity also found in the Low VA group, whose rate remained stable. At the same time, evidence proves the impact of the change in pricing policy on income elasticity remains unclear. This result implies that the government has to be more careful in regulating electricity prices for the low VA group, while maintaining economic stability. DOI: 10.15408/sjie.v7i2.6048
{"title":"The Sensitivity of Residential Electricity Demand in Indonesia","authors":"Stranti Nastiti Kusumaningrum","doi":"10.15408/sjie.v7i2.6048","DOIUrl":"https://doi.org/10.15408/sjie.v7i2.6048","url":null,"abstract":"Since 2013, the residential electricity price for High VA (Volt-Ampere) households has changed due to changes in pricing policies. This paper analyzes the responsiveness of residential electricity demand to the change in electricity prices and income among two different household groups (Low VA and High VA) in 2011 and 2014. Using an electricity consumption model and the Quantile Regression method, the results show that residential electricity demand is price and income inelastic. Income elasticity is lower than price elasticity. Furthermore, the effects on price elasticity also found in the Low VA group, whose rate remained stable. At the same time, evidence proves the impact of the change in pricing policy on income elasticity remains unclear. This result implies that the government has to be more careful in regulating electricity prices for the low VA group, while maintaining economic stability. DOI: 10.15408/sjie.v7i2.6048","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"7 1","pages":"247-266"},"PeriodicalIF":0.0,"publicationDate":"2018-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41648965","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The discourse of redenomination policy has existed since 2010. This research analyzes impact of economic growth, type of goods, transitions period and redenomination stages towards economic performance which measured from the change in the price of transactions and the number of transactions. This research used primary data and secondary data; the primary data was collected through experimental economy. The percentage of the change in price of transactions after redenomination in low economic growth condition showed an increase, while in high economic growth condition showed a decrease. Secondary data was gathered to analyze the deciding factor in the success of redenomination through logistic analysis method. The result showed that the variable of economic growth, unemployment rate and the level of democratization in a country affect the success of the implementation of redenomination DOI: 10.15408/sjie.v7i2.6568
{"title":"Redenomination Policy and Economic Performance: Experimental and Historical Approach","authors":"Falikhakh Nur Baeti, B. Juanda, A. Asmara","doi":"10.15408/sjie.v7i2.6568","DOIUrl":"https://doi.org/10.15408/sjie.v7i2.6568","url":null,"abstract":"The discourse of redenomination policy has existed since 2010. This research analyzes impact of economic growth, type of goods, transitions period and redenomination stages towards economic performance which measured from the change in the price of transactions and the number of transactions. This research used primary data and secondary data; the primary data was collected through experimental economy. The percentage of the change in price of transactions after redenomination in low economic growth condition showed an increase, while in high economic growth condition showed a decrease. Secondary data was gathered to analyze the deciding factor in the success of redenomination through logistic analysis method. The result showed that the variable of economic growth, unemployment rate and the level of democratization in a country affect the success of the implementation of redenomination DOI: 10.15408/sjie.v7i2.6568","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"7 1","pages":"173-184"},"PeriodicalIF":0.0,"publicationDate":"2018-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42349758","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
One of the most issues debated in the social capital literature is the unconditional cash transfer effect on social capital, especially regarding the potential of unmeasured targeted mechanisms at the community level about social relations. This article aims to identify the determinant of social capital in the form of household participation in social activities and the impact of unconditional cash transfers (BLT) on participation in social activities in Indonesia by using differences-differences approach (DID). The results showed that the most influential factor on household participation in social activities is the education level of the head of the household and the members of the productive age group. Meanwhile, unconditional cash transfers policy has a positive effect on the rotating saving and credit association. Thus, participation in social activities undertaken by the community undoubtedly has an important element in the success of government programs. DOI: 10.15408/sjie.v7i2.7365
{"title":"The Determinant of Participation in The Social Activities: Case in Indonesia","authors":"Bayu Kharisma","doi":"10.15408/sjie.v7i2.7365","DOIUrl":"https://doi.org/10.15408/sjie.v7i2.7365","url":null,"abstract":"One of the most issues debated in the social capital literature is the unconditional cash transfer effect on social capital, especially regarding the potential of unmeasured targeted mechanisms at the community level about social relations. This article aims to identify the determinant of social capital in the form of household participation in social activities and the impact of unconditional cash transfers (BLT) on participation in social activities in Indonesia by using differences-differences approach (DID). The results showed that the most influential factor on household participation in social activities is the education level of the head of the household and the members of the productive age group. Meanwhile, unconditional cash transfers policy has a positive effect on the rotating saving and credit association. Thus, participation in social activities undertaken by the community undoubtedly has an important element in the success of government programs. DOI: 10.15408/sjie.v7i2.7365","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"7 1","pages":"185-200"},"PeriodicalIF":0.0,"publicationDate":"2018-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43948246","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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