Indonesia Conference Directory

Corresponding Author
WAHYU DWI PURNOMO

Institutions
a) Masters in Management, Faculty of Economics and Business, Mulawarman University
Jl. Tanah Grogot No. 1, Samarinda Ulu, Gunung Kelua, Gn. Kelua, Kec. Samarinda Ulu, Kota Samarinda, Kalimantan Timur 75117, Indonesia
*why.dpurnomo[at]gmail.com
b) Faculty of Economics and Business, Mulawarman University
Jl. Tanah Grogot No. 1, Samarinda Ulu, Gunung Kelua, Gn. Kelua, Kec. Samarinda Ulu, Kota Samarinda, Kalimantan Timur 75117, Indonesia

Abstract
The objective of ASEAN Economic Community (AEC) is to increase economic competition of ASEAN by turning it into the base of production, as well as to attract investors and to enhance international trade. Investment in the form of Foreign Direct Investment (FDI) is believed to be the enhancer of economic development of a country because it turns the companies in a host country to be more competitive, and it brings new capital, new technology, and also creates new employment as well as increases international trade. The study was conducted to find the factors that affect FDI and growth of company export in the sector of technology and electronic industry in ASEAN using panel data methods for the period of 2012 to 2017. The dependent variables of this research were FDI and the export, while the independent ones were GDP, exchange rate, interest rate, inflation and population. The results of this research imply that interest rate and inflation were the significant affecting factors of FDI and export, while GDP and population were the significant affecting factors of FDI too but they did not significantly affect export. Exchange rate was the significant affecting factor of export but it did not significantly affect FDI. On the other hand, FDI did not significantly affect export.

Keywords
Export, Foreign Direct Invesment, Macroeconomics

Topic
Economics

Link: https://ifory.id/abstract/BfCKFYvbEM2u

Corresponding Author
Rosinta Ria Panggabean

Institutions
Accounting Department, Faculty of Economics and Communication, Bina Nusantara University, Jakarta, Indonesia 11480

Abstract
Introduction: In the last few decades, the world has been undergoing rapid advancements in science and technology that influence global economic development. A change from industrial to science-based economy has also embarked. Science holds a prominent role in utilization of intangible resources in the form of intellectual capital that should be disclosed to investors. Purpose: This research was aimed at investigating whether intellectual capital performance is influenced by firm size, age, profitability, and ownership. Methods: This research was a quantitative study with secondary data and VAICTM model. As many as 152 manufacturing companies listed on the Indonesia Stock Exchange in the period 2014–2017 were enrolled as sample. Two analysis methods were employed, namely descriptive analysis and panel data regression analysis. Results: Results indicated that firm age had a significant effect on intellectual capital performance, and firm profitability had a positive effect on intellectual capital performance. Meanwhile, firm size and firm ownership had no significant effect on intellectual capital performance. Conclusion: Many of the manufacturing companies in Indonesia have yet to focus on intellectual-capital-based business. It is recommended for the manufacturing companies in Indonesia to increase their focus on intellectual capital.

Keywords
Intellectual Capital, Indonesia, Size, Age, Profitability, Ownership

Topic
Economics

Link: https://ifory.id/abstract/DXcwdezCNPx6

Corresponding Author
Lendi ageng Kurnia

Institutions
Economics and bussines faculty , Diponegoro University

Abstract
The priority of the Nawacita Program in the agricultural sector is to increase superior production, especially rice. In achieving these objectives, it is necessary to ensure the availability of national rice. The availability of national rice is fulfilled from 3 aspects, namely local rice production, government rice reserves and rice imports. Most of the previous research, the availability of rice only accounted for local rice production and rice imports. In this study, the governments rice reserves are counted as one of the main indicators. Because local rice production used to meet peoples needs is always reduced in volume to meet the governments rice reserves. In achieving rice self-sufficiency, this study also observed how the ability of local rice production to be the only one to supply the availability of national rice, without bringing in from outside parties. Research using the LS method with the Minitab 15.1 program shows the results that partially the availability of national rice is positively influenced by indicators, namely local rice production and rice imports while the governments rice reserves negatively influence. Forecasting the ability of self-sufficiency in rice by relying on local production in supplying the availability of national rice in the future, shows a positive trend meaning the value of the trend of forecasting increases with increasing time. The factors that influence the achievement of rice self-sufficiency are partially determined by rice supply, rice productivity, the gap in rice prices to grain prices, and the use of balanced fertilizers. But it is not influenced by the level of rice consumption in the community. With the results of this study, the availability of national rice is still very dependent on local and foreign rice products. However, to achieve rice self-sufficiency in the future, where all needs are met from local products is not impossible, so that dependence on imported rice can be reduced.

Keywords
availability of rice, self-sufficiency in rice, production

Topic
Economics

Link: https://ifory.id/abstract/kUCXuqpxD2Fe

Corresponding Author
Hardin Hardin

Institutions
a) Department of Agribusiness, Faculty of Agriculture, Universitas Muhammadiyah Buton, Baubau, Indonesia

* hardin[at]umbuton.ac.id

Abstract
Water is one the determining factors in the process of agricultural production. In meeting the needs of water for various farming needs, it must be given in the right amount, time, and quality, otherwise the growth of plants will be disrupted so that it will affect the production, productivity and income of farmers. The purpose of this study is to analyze the differences in productivity and income of farmers who work on semi-technical irrigated rice fields with farmers who work on simple irrigated rice fields in Baubau City. The population in this study were 214 farmers, 102 farmers with semi-technical irrigation and 112 farmers with simple irrigation. For the purpose of this research, 25 farmers were taken from each of the two irrigation categories. Data analysis with a different test (t test). The analysis shows that there is a very significant difference between the productivity and income of farmers who work on semi-technical irrigated rice fields and those who work on simple irrigated rice fields. for productivity. While the income is (7744621.9057> 2,485) at 99% confidence level.

Keywords
Difference productivity, income, semi-technical, simple irrigated

Topic
Economics

Link: https://ifory.id/abstract/vUH2X7uRAxzm

Corresponding Author
Silvi Asna Prestianawati

Institutions
a,c,d) STIEKN Jaya Negara Tamansiswa
Jl. R. Tumenggung Suryo No.17, Bunulrejo, Kec. Blimbing, Kota Malang, Jawa Timur 65123


b*)Universitas Brawijaya
Jl. Veteran, Malang
silvi.febub[at]gmail.com

Abstract
This study aims to know the impact of technological innovation on unemployment in Indonesia. TAR and ARIMA are the methods used in this study. The analysis shows that there is a relationship between LFP and positive relationship with GDPC which proves that the higher the GDP, the higher the employment absorption. There is a negative relationship between PAT and LFP which proves that technological innovation in Indonesia suppresses employment opportunities and increases unemployment. The direction of the population growth relationship is not in the same direction as work participation. Then the higher population growth will increase the level of unemployment in Indonesia.

Keywords
Technological Innovation; Unemployment; TAR; ARIMA; Labor

Topic
Economics

Link: https://ifory.id/abstract/rHmbWCLvxVDQ

Corresponding Author
Bima Baskara Sakti

Institutions
a) Research and Development Kompas Daily
Jalan Palmerah Selatan No. 21, RT 4/RW 2, Jakarta 11480, Indonesia.
*sakti512[at]gmail.com
b)Research and Development Kompas Daily
Jalan Palmerah Selatan No. 21, RT 4/RW 2, Jakarta 11480, Indonesia.

Abstract
Facts and discourses that happen in the dairy farms development in Indonesia exhibit government regulations as a determining factor. In the local and global economic context, government policies are getting important to support upstream side dairy farmers production. The study analyzed the impact of various government regulation on Indonesia-s total imports of milk. The study also analyzed the effects of two crisis periods, namely the Asian economic crisis in mid-1997 and the 2008 global crisis. It triggers import turmoil and government regulation changes. Then, the study considered Indonesias policy related to WTO to see the broader impact on milk imports. Using regression analysis on series data during 1977-2016, our research found significant robust that the two crisis period suppressed milk import. Milk imports had a vulnerability to external shocks risk through exchange rate fluctuations. The Indonesian global trade policy through the WTO mechanism, however, had an insignificant impact on milk imports. The Government regulation related to WTO tends to weaken the position of dairy farmers on the milk market competition. Meanwhile, various government regulation increased milk import. Therefore, the Indonesian government should make special regulations that support dairy farmers to increase milk production.

Keywords
Crisis; Dairy Farmers; Dairy Product; Fresh Milk; Government Regulation; Milk Import.

Topic
Economics

Link: https://ifory.id/abstract/XfEUCemnAPML

Corresponding Author
Hardin Hardin

Institutions
a) Department of Civil Engineering, Faculty of Engineering Universitas Muhammadiyah Buton, Baubau, Indonesia.
b) Accounting Study Program, Faculty of Economics, Universitas Muhammadiyah Buton, Baubau, Indonesia
c) Department of Agribusiness, Faculty of Agriculture, Universitas Muhammadiyah Buton, Baubau, Indonesia

* rudiabdullah[at]umbuton.ac.id

Abstract
This research aims: 1). To analyze the effect of the current ratio on dividends per share. 2). To analyze the effect of the ratio of debt to equity to dividends per share. 3). To analyze the effect of growth assets on dividends per share. 4). To analyze the effect of earnings per share on dividends per share. 5). To analyze the effect of current ratio, debt to equity ratio, growth assets, and earnings per share to dividends per share. This research is included in the comparative causal. The study population is manufacturing companies listed on the Indonesia Stock Exchange in 2014-2018. Using the purposive sampling method, there are 57 companies that meet the criteria with a total of 15 companies. Data analysis technique is multiple panel data regression analysis used to examine the relationship between the independent variable and the dependent variable. The results of the study show that the current ratio variable partially has a positive but not significant effect on dividends per share, the debt to capital ratio variable has a positive but not significant effect on dividends per share, the asset growth variable has a positive but not significant effect. no significant effect on dividends per share, and earnings per share variable has a positive and significant effect on dividends per share.

Keywords
Current Ratio, Debt to Equity Ratio,Growth Asset, Earning per Share dan Dividend Per Share.

Topic
Economics

Link: https://ifory.id/abstract/Cb6dj34BxgMu

Corresponding Author
Mukhammad Yogiantoro

Institutions
Post Graduate Program, Economics Master Study, Palangka Raya University
a. myogiantoro[at]gmail.com,
b. diah_35[at]rocketmail.com,
c. irawan60[at]yahoo.co.uk

Abstract
Every citizen has the right to get education with the aim of educating the nations life as mandated in the opening of the 1945 Constitution. This study aims to determine the efficiency of education funding both from the APBN and the APBD purely in relation to increasing HDI and educational performance. The study uses influence analysis with multiple regression and descriptive quantitative research, with 3 variables, namely the large variable education funding from APBD and APBN, Education Performance and Human Development Index. The sample selection method used was purposive sampling, namely in Districts / Cities in Central Kalimantan in the Period of 2015 - 2017. Research resulted in a relationship between education funding and HDI, Education and Performance Funds for Education and HDI and Educational Performance. Educational performance in this case is measured by teacher qualifications, teacher certification, educational ratios (Teachers: Students and Classes: Students), facilities and infrastructures physical condition, Gross Participation Rate (APK), Pure Participation Rate (APM), and Dropout Numbers.

Keywords
Education Fund; Human Development Index; Educational Performance; Central Kalimantan

Topic
Economics

Link: https://ifory.id/abstract/VcCHYzd4qurB

Corresponding Author
Benny Hutahayan

Institutions
Brawijaya University

Abstract
This study aim to analyze the Empowering of Small, Micro and Cooperatives Business Enterprise(SMCEs) on the base Agribusiness in Facing Asean Economic Community (AEC). Population in research is all SMCEs under develop on Board of Cooperative, Industry and Commerceof three areas, North-East, Central, and South-West Malangbeing based on Agribusiness. Sample was done of the trained and developed about management of is effort; administration, accountancy, marketing and exploiting of various facility of is inclusive of information technology that is as much 60 SMCEs.Analyze conducted by regression of variable supporting power of SMCEs. The study result show that variables identified in model to progress of effort SMCEs equal to 0,66%. While if seen from level of influence relative minimize, that is only equal to 0,44%. Its Small cause is the influence possibility of progress variables of effort, with the indicator only mount the advantage and satisfaction in trying to represent the small shares from progress variables of is effort very macro. But that way result of this study represent the step of early good in comprehending by real is condition faced by SMCEs in Malang. In addressing this condition SMECs anywhere including in Malang require attention was more serious in order to organize further about their performance in the face of this global issue. Otherwise SMECs would lose in global competition, which grew rapidly in the future.

Keywords
SMCEs Agrobusiness, AEC

Topic
Economics

Link: https://ifory.id/abstract/uUKPHDjh3wpb

Corresponding Author
rizka zulfikar

Institutions
(a)(b)(c)Management Deparment, Faculty of Economics, Islamic University Of Kalimantan Muhammad Arsyad Al Banjari – Banjarmasin, Indonesia, Jalan Adhyaksa No.2 Kayu Tangi, Banjarmasin- 70124, Indonesia,
(a*) rizkazulfikar[at]gmail.com

Abstract
Many researchers agree about the important role of external drivers to sustainable entrepreneurship behavior and this paper has provided a deeper insight into the role of external drivers toward sustainable entrepreneurship behavior. This study aims was to find out the role of external drivers such as government policy, economical incentives, customers, community surrounding, product and service offered, competitors, and also evaluate the contributions of each external drivers toward sustainable entrepreneurship behavior. This research was conducted in South Kalimantan Indonesia sing sample as many as 242 SMEs. These sample were taken by purposive sampling technique using online questionnaire as an instrument. The data analysis technique done by Structural Equation Model to obtain a models which can be used to explained the role of external drivers toward sustainable entrepreneurship SMEs behavior. The results of this study indicate that External drivers such as government policy, economic incentives, customers, community surrounding, product and services offered and competitors has significant impact to SMEs entrepreneurship behavior. The findings of this research also provide insights for the contributions of customers and community surrounding as the dominant external driver than others to forming sustainable entrepreneurship behavior.

Keywords
relationship; effective contributions; Impact; Influence; small and medium enterprises; green practices

Topic
Economics

Link: https://ifory.id/abstract/jQ3M4eAutaKm

Corresponding Author
Karsinah Karsinah

Institutions
Economy Faculty Universitas Negeri Semarang

Abstract
The purposes of this research are to analyze the characteristics and financial literacy of MSMEs in Semarang. The data used are primary data and secondary data. The method used in this study is descriptive quantitative. The sample in this study were small micro businesses and small businesses in the city of Semarang. The level of financial literacy in Semarang by giving questions as many as 28 questions taken and modified from Chen and Volpe. The results showed that 79% of MSMEs literacy in Semarang was in the medium category, 18% low and 3% high. If viewed further on the financial literacy of MSMEs, it is divided into 4 aspects, they are personal finance knowledge, savings and debts, Invesments and insurance aspects. The average MSMEs for general knowledge of personal finance in the medium category was 76.60%, the savings and debts dimension medium category 81.91%, the investment aspect was the medium category 45.74% and the low category 59.57% of MSMEs financial literacy for insurance. This shows that the financial literacy level of SMEs in Semarang still needs to be improved in order to be able to compete and improve business.

Keywords
literacy, financial, banking, micro and small business

Topic
Economics

Link: https://ifory.id/abstract/pMLq2XgjcrNn

Corresponding Author
Raisa Fitriaini

Institutions
Center for Economic Studies, Parahyangan Catholic University

Abstract
Fiscal policy is a policy imposed by the government to influence economic activity in the real sector through expenditure and revenue. Fiscal policy help in smoothing business cycle fluctuations (boom or recession) makes it a potential tool for economic stabilization. Referring to the theory, fiscal policy should have a countercyclical behaviour. Vice versa, many evidence shows if the behaviour of fiscal policy diverse among countries. Therefore, the purpose of this study is to find the fiscal policy behaviour in ASEAN (2001-2018) using the Panel Least Square analysis tool. The estimation results show that the behaviour of fiscal policy in ASEAN are countercyclical for government revenue and fiscal balance approach, whereas government expenditure approach is procyclical.

Keywords
Fiscal policy; fiscal policy behaviour; countercyclical; and procyclical

Topic
Economics

Link: https://ifory.id/abstract/ECVcKzAnYpqg

Corresponding Author
Al Muizzuddin Fazaalloh

Institutions
Brawijaya University

Abstract
This paper examines the effect of foreign direct investment (FDI) to economic growth and domestic investment in 6 Southeast Asia countries (Indonesia, Thailand, Malaysia, Brunei Darussalam, Philippines, and Laos) over the period 2000-2017. Using panel data regression analysis with panels corrected standard errors (PCSEs) approach, we find that FDI has a significant positive effect on economic growth. In addition, the interaction effect of FDI and education shows a significant negative effect. Meanwhile, the interaction effect of FDI and financial development indicates an insignificant effect. These results imply that education and financial development may not be a good channel for FDI in boosting economic growth.

Keywords
FDI, economic growth, Southeast Asia, panel data regression

Topic
Economics

Link: https://ifory.id/abstract/qUYMPxQVDh9X

Corresponding Author
barkah susanto

Institutions
Student of Doctoral Program of Economics Science, University of Sebelas Maret, Indonesia
Faculty of Economic and Business, University of Muhammadiyah Magelang, Indonesia

Abstract
Several previous studies have found that information presented in different ways (hereafter used as the term framing) will produce different decisions. This study proposes and tests two different theories to find out which theory is better at explaining a phenomenon, as well as two conditions that might influence whether a persons decision becomes more daring to take risks or avoid risks: (1) preparation of decision alternatives, (2) the level of responsibility for a decision related to previous investment. This study uses experimental studies, using experimental designs between-subject designs 2x2x2. The participants in this study were 180 people. The analysis tool used to test the hypothesis using crosstab and two ways ANOVA. The results show that information framed positively and negatively will result in different decision making and when a person is responsible for the initial investment or not responsible for the initial investment and different levels of preference when using different theories also results in different decision making as well.

Keywords
Framing, Responsibility, Prospect theory, Fuzzy-trace theory.

Topic
Economics

Link: https://ifory.id/abstract/hKDRJpZ3mjg9

Corresponding Author
Tanellia Nursyafitrie

Institutions
MAGISTER MANAJEMEN FEB UNIVERSITAS INDONESIA
Jalan Salemba Raya 4
Jakarta, DKI Jakarta
10430

Abstract
Islamic mutual funds emerged in Indonesia in 1997 and became a favourite investment instrument for investors. Islamic mutual funds have a rapid growth in TNA of 285.40% from 2013 to 2018 which is superior to conventional mutual funds with a growth of only 157.17% in the same period. Islamic mutual funds are also growing rapidly in countries with Muslim populations and countries that have advanced Islamic financial systems, also able to outperform conventional mutual funds and its benchmarks. In the Indonesian market, despite the majority of populations are Muslim, Islamic mutual funds do not have a better performance than conventional mutual funds. This study also discusses the associations between the fund-flow and the performance of conventional and Islamic stocks and mixed funds. Evidence suggests that in the Indonesian market, the fund-flow and performance are negative and convex positive.

Keywords
Islamic mutual funds, fund performance, fund flow

Topic
Economics

Link: https://ifory.id/abstract/VaUA7mQ4fbvp

Corresponding Author
Farida Rahmawati

Institutions
Universitas Negeri Malang

Abstract
Government spending is expected to improve the Human Development Index (HDI) in order to increase public welfare. Theoretically, if the number of government expenditure is increasing then the Human Development Index (HDI) will be higher as well. Based on earlier research, it was found few differences about the result of influence Government spending to Human Index. The purpose of the study was to analyze the influence of government spending and Gross Domestic Product to the Human Development Index of East Java Province (during 2014-2017). The research method using descriptive quantitative approach. Local government expenditures were analyzed by direct local government spending by looking at three aspects namely employees expenditure, spending on goods and services, and capital expenditures. Whereas, for the GDP per capita income is analyzed based on three aspects: production, income, and expenditure. Then the human development index to see the effects of these two variables based on three dimensions that exist in the human development index healthiness dimensions, dimensions of knowledge, and economic dimensions. The results showed that the local government spending income and the GDP per capita income has a significant effect on the human development index. Government spending has a significant influence on the educational dimension, while GDP per capita has a significant effect on the purchasing power of people thus affecting the economic dimension.

Keywords
Government spending, Gross Domestic Product, Human Development Index

Topic
Economics

Link: https://ifory.id/abstract/u6fhaLr2W9Eq

Corresponding Author
Puji Novita Sari

Institutions
Universitas Negeri Semarang

Abstract
Kampung Marketer is an organization that empowers people in the field of digital marketing such as customer service, advertiser, content writer, and social media admin. The people who have been empowered will be connected to business people to market their product online. This paper attempts to bring forward the idea of exploring the socio-economic impact from the Kampung Marketer in Karangmoncol sub-district, Purbalingga Regency. Research method in this study used descriptive research design with quantitative approach. The population of this study were 437 people empowered by Kampung Marketer. Samples were determined using Slovin formula with a significance value of 0.05, so that a sample of 209 was obtained. Data for the study were collected through questionnaire. The results show that, there are positive impact of Kampung Marketer on the socio-economic conditions of the community such as, (1) Kampung Marketer was successful to empower young people aged 20-25 years by 52%. (2) Kampung Marketer also able to reduce the flow of urbanization, with 40.5% of the background working in the factory, and now many young people choose to work in Kampung Marketer. (3) Kampung Marketer has also provided employment opportunities for people who do not continue to high education and disadvantaged communities, it is noted that only about 10% of the empowered community has a background in college. The remaining 77% only go to high school and equivalent. (4) The existence of Kampung Marketer make people have a decent income. About 56% of the community has an income of Rp1,000,000 to Rp.2,000,000. (5) Kampung Marketer also has an impact on awareness of education, that around 48% of people have a high education awareness.

Keywords
Kampung Marketer, Social Entrepreneurship, Socio-Economy Condition

Topic
Economics

Link: https://ifory.id/abstract/tzMqE3cGj6Jp

Corresponding Author
DIESYANA AJENG PRAMESTI

Institutions
Universitas Muhammadiyah Magelang

Abstract
This study aims to examine and analyze how effective digital marketing and brand ambassadors are in influencing purchase intentions in this digital era today. A quantitative method with a purposive sampling technique applied in this study to 100 respondents. Data testing was performed using multiple regression analysis. The results of this study are indirectly, (through mediating by brand identity) proven that digital marketing and brand ambassadors greatly influence purchase intention, but directly, digital marketing and brand ambassadors have no effect on purchase intentions. What is interesting in this study is the results obtained, in this digital era, brand identity has a more important role in stimulating purchase intentions, compared to digital marketing and brand ambassadors.

Keywords
purchase intention, brand identity, brand ambassador, digital marketing

Topic
Economics

Link: https://ifory.id/abstract/cYRGTjX6QaM8

Corresponding Author
Moch Charis Hidayat

Institutions
Sharia Banking Department, Faculty Of Islamic Studies, Muhammadiyah Surabaya University, Indonesia

Abstract
The development of the shariah banking industry in Indonesia is so rapid. At the end of 2018, Indonesian sharia banking has become the biggest retail Islamic banking in the world which has 23.3 million customers, 3134 bank offices, 1356 sharia services, and 51 thousand employees. With total assets reaching Rp. 380 trillion. This development is supported by a variety of product innovations. One of the sharia bank product innovation models that can be developed is a hybrid contract product model (multi-contract), because the form of a single contract is not able to respond to contemporary financial transactions that develop in such a way. hybrid contract is an agreement between two parties for a contract containing two or more contracts, such as buying and selling with leasing, grants, wakalah, qardh, muzaraah, sharf, syirkah, mudaraba, so that all due to the legal agreements that are collected, and all rights and obligations that arise thereof are seen as a single entity that cannot be separated as a result of the legal consequences of a contract. The problem is that there are many sharia economic literature circulating in Indonesia that informs about the muamalah ban of two contracts in one transaction. These include the Musharakah Mutanaqishah contract in the financing of the Muamalat KPR iB Bank Muamalat Indonesia KCU Mas Mansur Surabaya. These problems are elaborated in the formulation of the problem, namely: How is the hybrid contract model in the Musharakah mutanaqisah contract on the iB Muamalat mortgage product, the application of the musharakah mutanaqisah contract on the KPR iB Muamalat financing product, the solutive policy of applying the musharakah mutanaqisah contract to the iB Muamalat mortgage product at Bank Muamalat Indonesia Tbk. Surabaya Branch Mas Mansur. The problem is to find answers in the form of qualitative research with a phenomenological approach, through primary and secondary data sources, by means of observation, interviews and documentation studies. By analyzing the Huberman and Miles model data analysis with three steps, namely data reduction, display data, and data verification. The results showed that the hybrid contract model in the Mutanaqishah Musharaka contract on KPR iB Muamalat financing in the form of Musharakah, Ijarah, and Bay contracts, while the application of the Musharakah mutanaqishah contract in the Muamalat KPR iB in terms of harmony and conditions were appropriate, but in terms of charging all costs A problem arises, because it is charged to all customers, even though it should not. The solutive policy offered is the distribution of the burden to both parties, this is in accordance with the DSN-MUI Fatwa No. 72 of 2008 concerning the Musharakh Mutanaqishah contract.

Keywords
Hybrid Contracts, Musharakah Mutanaqishah, Syariah banking

Topic
Economics

Link: https://ifory.id/abstract/qJu7wKne6mDE

Corresponding Author
Nurul Qomariah

Institutions
Universitas Muhammadiyah Jember

Abstract
The factual problem in the Ijen coffee groindustry are that of the appropriate raw materials, varying quality and quality that is not in accordance with the processor. The purpose of this study was to study the factors that influence risk and determine the risk mitigation of Ijen Arabica coffee in Bondowoso Regency. Measurement of Arabica Ijen coffee supply chain risk uses the Fuzzy FMEA (Failure Mode Effect Analysis) method, to identify the causes of problems or failures that occur, to identify the cause of the problem that occurred, with consideration of the occurrence criteria (O), severity (severity / S), and detection (Detection / D). Data was obtained from interviews with expert respondents including farmers, cooperatives, agro-industries, researchers, academics, who have been involved for at least five years in the coffee agro-industry. Results of the analysis indicate that risks at the farmer level are quality factors and cultivation techniques, mitigation efforts that can be taken are improvements to cultivation that focus on the management of pests and diseases of coffee plants. Risks at the of collector level are quality and price, while the mitigation efforts that can be taken are the improvement of drying technology both mechanically and technically. Risks at the agro-industry level are quality and price level with the risk mitigation effort is the procurement of contracts with a fair revenue distribution mechanism. Analysis of the relative importance using Fuzzy FMEA shows the risks faced by Arabica Ijen coffee supply chain actors are in the medium category with an oiccurance value 0.25; severity 0.5; dettection 0.75. The order of severity risk factors are farmers, colektor and agro-industry.

Keywords
risk, quality, Arabica Ijen

Topic
Economics

Link: https://ifory.id/abstract/bYTnRWDpvKtq

Corresponding Author
Ratika Tulus Wahyuhana

Institutions
a) University of Technology Yogyakarta
Jalan Siliwangi, Jl. Ringroad Utara, Sleman, Daerah Istimewa Yogyakarta 55285
*ratika.wahyuhana[at]staff.uty.ac.id
b) University of Technology Yogyakarta
Jalan Siliwangi, Jl. Ringroad Utara, Sleman, Daerah Istimewa Yogyakarta 55285

Abstract
The tourism sector is one sector that contributes significantly to the process of development and regional development by contributing to the level of tourist visits that will have an impact on the government and local communities. Baron area is a superior area in Tanjungsari District. Based on the Tourism Development Master Plan (RIPPDA) of Gunungkidul Regency, the Baron Region is an integrated area with functions in the education and tourism sector. This is supported by the existence of the Baron Coast area as marine tourism and Baron Techno Park as an educational tour. The study question here is: What is the impact of the existence of the Baron tourism area on social economic aspects of the community and land-use change? The problems that arise in the development of the Baron tourism area are the unintegrated development between tourism objects and the uneven economic impact, so the researchers want to examine the impact that the tourism area has on the economic aspects of the local community and land-use change. The research approach uses a quantitative approach with quantitative descriptive analysis and time series mapping analysis methods. The technique used is random and purposive sampling technique based on data sources obtained from primary data through field observations and interviews. Besides, it also includes secondary data collection from document review. The results of the research study show that the influence of tourism on economic aspects predominantly only occurs in Baron Beach. The influence is the change in employment opportunities and shifts in types of work from fishers to tourist attraction businesses. The change in land use is indicated by the development of attractions and businesses supporting the tourism sector, namely trade and services from 2014-2017. While the influence of economic aspects for the business community in Baron Technopark is still minimal, this condition is influenced by the trend of the number of visitors who are still small and selling areas that are still outside the tourist attraction. It can be concluded that there has not been integration between attractions in the Baron Region on the improvement of the peoples economy. Attraction integration is still limited to function. It is necessary to develop an integrated tourism area both in terms of spatial pattern and spatial structure. The spatial pattern is related to the integration of the intensity of spatial use, namely the planning of marketing and distribution locations.Spatial structure is related to connectivity between tourist objects so that it can encourage an increase in the peoples economy more evenly.

Keywords
Impact, Baron Tourism, Economic, Land Use Change

Topic
Economics

Link: https://ifory.id/abstract/PYTCqLNKMdJx

Corresponding Author
NINA FARLIANA

Institutions
Faculty of Economic, Universitas Negeri Semarang

Abstract
Kendal Industrial Park (KIP) is a bilateral cooperation between Indonesia and Singapore. The cooperation is expected to be the driving force of the Indonesian economy, without prejudice to the economic impacts of surrounding communities. This study aims to analyze the impact of the park on changes society welfare. This type of research is qualitative research, by case study approach, with data source from community, government and manager through purposive sampling method. The analysis result show that KIP does not have a significant impact on changes in livelihoods, because there are still many companies that have not yet operated and many companies that are under construction. So the agricultural sector still dominates the livelihoods of population. Changes in income as a result of the development industrial estates bring different effects to the community. People who feel the positive impact of livelihood changes are those who can work at KIP. However, the people who are still in agricultural sector do not feel a change of their income. The impact of KIP development cannot be enjoyed by the community so far, synergistic steps are needed between the government, KIP and community, so can integrate well in order to achieve the success of regional development.

Keywords
Industrial Park, Livelihoods, Income, Welfare, Regulation

Topic
Economics

Link: https://ifory.id/abstract/ZaHwp3KLRYh8

Corresponding Author
Acim Heri Iswanto

Institutions
Universitas Pembangunan Nasional Veteran Jakarta

Abstract
Objective – This research aims to assess the results of lean implementation in reducing the cost of medical Inventories in the operating theatre of a hospital in Indonesia. These results can be used as a motivation to extend implementation to other aspects of overall operating Theatre and hospital management. Method – Resource inventory to build management commitment, willingness to share data, and information of implementation history was the initial stage of research. Furthermore, the research was conducted by applying 5S methodology to medical Inventories in the operating theatre of RSIA Grand Family, Jakarta. The 5S procedure then was evaluated using descriptive and inferential statistics. The inferential statistics used was Wilcoxon Signed Rank test. Findings – Lean implementation that was carried out successfully reduced inventory costs to an average of Rp 331,555,768 per month in three months after lean implementation, from Rp 381,140,031 per month in the previous three months before lean implementation. This means that there is a cost reduction of 13.01%. Furthermore, the number of medical Inventories items was reduced by an average of 12.45%. Research Implications – This research has a number of limitations. First, this research was conducted on the aspect of medical Inventories from the operating theatre. Second, this research was still on a small scale and only evaluated the cost aspect of medical Inventories. Practical Implications – Lean implementation can be carried out in the context of hospital medical Inventories. Therefore, health care providers can try to implement lean in an effort to reduce inventory costs to improve efficiency in improving health services. Originality/ Value – There is still little empirical research on the lean implementation on medical Inventories in the operating theatre. Future research can replicate this research on a broader scale.

Keywords
lean implementation, waste of inventory, operating theatre, health service

Topic
Economics

Link: https://ifory.id/abstract/pRV4ZQ6nJLDT

Corresponding Author
Sri Indah Nikensari

Institutions
Universitas Negeri Jakarta

Abstract
The trade war between the US and China inspired other countries to adopt a more protective international trade strategy, especially in conditions of a trade balance deficit. This research has two objectives, first to find out which factors are more influential on import activities in ASEAN countries, between the need to increase economic growth, the availability of foreign exchange reserves, population needs, or inflation that occurs within the country. The second goal is to formulate a strategy that should be done in relation to the first goal. To answer this question, the panel data regression equation analysis is used, from 10 ASEAN countries with the 2011-2017 data year. The results show that last years GDP and foreign exchange reserve ownership (FER) had a very significant effect (sig. <5%) on import demand, while other factors were less significant. Because FER has a greater influence than GDP on import demand, the protective import strategy should be implemented as done by United State.

Keywords
Imports demand; international trade; GDP; forex reserve; imports strategy

Topic
Economics

Link: https://ifory.id/abstract/pznfrkuJKRHV

Corresponding Author
SHANTY OKTAVILIA

Institutions
Faculty of Economics, Universitas Negeri Semarang, Indonesia
L1 Building 1st Floor, Sekaran Campus, Gunungpati, Semarang City Central Java Province, Indonesia
oktavilia[at]mail.unnes.ac.id

Abstract
This study discusses the development of fiscal capacity in Central Java, Indonesia. The purpose of this study is to analyze internal and external factors that increase regional fiscal capacity, and formulate strategies by analyzing internal and external elements to obtain four alternative strategies namely strength - opportunity strategy, strength - threat strategy, weakness - opportunity strategy and Strategy for weaknesses - threats. This study uses secondary data to analyze indicators of regional fiscal capacity and primary data collected through focused discussions, to analyze strategies. The results of the analysis indicate that there are several main strategies to increase regional fiscal in Central Java Province, namely the program of intensification and extensification of regional taxes; improving the quality of human resources with special competencies in the field of taxation; synergy and internal coordination between regional government institutions; improvement of the supervision system for taxpayers; realizing clear and legal regional regulations, simplifying the mechanism for managing investment licenses in Central Java and optimizing regional revenues through modernizing the collection of taxes and levies by utilizing technology. Modernization of increasing regional fiscal capacity will encourage the achievement of equitable regional revenue, increase public participation, administrative efficiency, consistent law enforcement, and improve the level of public confidence in the implementation of good governance.

Keywords
Regional fiscal capacity, taxes, levies, IFAS, EFAS, Strategy

Topic
Economics

Link: https://ifory.id/abstract/UKgtmAXBVCcP

Corresponding Author
Dede Nasrullah

Institutions
(a,b) Faculty of Economics and Business, University of Muhammadiyah Surabaya
*nurullaili-mauliddah[at]fe.um-surabaya.ac.id

Abstract
Inequality of income in East Java is still considered high as indicated by the high value of the Gini ratio in most districts/cities. Local government capital expenditure is one of the triggers of the high disparity, in addition to the high per capita spending and open unemployment in East Java. Therefore, this study aims to analyze how influence the capital expenditure, per capita expenditure and unemployment rate have on inequality is implied in the gini coefficient.Quantitative analysis, explanatory method with panel data. The panel data selection process with data normality test through the estimation of common effect, fixed effect or random effect model parameters and the selection of the right model using panel data regression model which is processed using e-views software 10. The results show the level of income inequality of each district / the city has a moderate stage gap. The Gini index of regency/city in East Java is quite volatile, the highest value is Madiun City, Malang City, Blitar City, and Pasuruan City. Capital expenditure and per capita expenditure have insignificant effect on the gini ratio, while the open unemployment rate partially influences the gini ratio. Capital expenditure, per capita expenditure and unemployment rates together have a significant positive effect on the Gini ratio of districts/cities in East Java. Government capital expenditure is realized in the form of expenditure in the education sector, health sector expenditure, goods/services expenditure is no less important than infrastructure spending such as roads, bridges, airports, terminals, ports.

Keywords
Capital Expenditure, Per Capita Expenditure, Open Unemployment Rate, Gini Ratio

Topic
Economics

Link: https://ifory.id/abstract/q2MXue7kVtYA

Corresponding Author
Rudy Badrudin

Institutions
STIE YKPN School of Business Yogyakarta Indonesia

Abstract
The Micro Small Medium Enterprises (MSMEs) in Indonesia is increasingly getting developed in the national economy. However, MSMEs have problem, the limited access to banking. The synergies are needed from financial institutions in order to support the increased access to credit for the development of MSMEs. The People Business Credit Program is one of the Government of Indonesias programs in granting credit to a viable productive enterprise but has not fulfilled the banking requirements under the guarantee pattern. This credit program is done through linkage institutions channeling and executing model. Increasing the role of linkage institutions in credit for MSMEs needs to be viewed from various aspects. Therefore, it is necessary to study about informal business financing through People Business Credit Program through linkage institution, both channeling and executing model. The sample selections are based by judgment sampling. The scope of the areas that become the source of data are Bekasi and Tangerang Regency. Data obtained for the period 2016 to 2018. The result of the study shows that 1) there are not differences among the opinion of respondent in answering opinion about the role of linkage institution in improving credit to MSMEs and 2) there are differences among the strongly disagree, disagree, neutral, agree, and strongly agree in opinion about the role of linkage institution in improving credit to MSMEs

Keywords
business credit program, channeling, executing, perception

Topic
Economics

Link: https://ifory.id/abstract/ejMLN983KvY6

Corresponding Author
DPPJ UMMagelang

Institutions
Universitas Muhammadiyah Magelang
niakurniatibachtiar[at]ummgl.ac.id

Abstract
Innovation is believed as one powerful weapon to survive in modern competitive industry. Both Large organizations (LOs) and Micro, Small and Medium Enterprises (MSMEs) are trying their best to keep up with the innovation within their firms. However, due to its nature in lack of resources both human resource and capital, it is significantly difficult for MSMEs to pursue innovation either in service or product offered. This qualitative study reveals the substantial meaning of innovation in MSMEs and strategy to conduct innovation where it focuses to micro businesses whose owned by students. These research objects are chosen due to their capability in presenting innovation from their educational background and in-depth knowledge. This study found that innovation capabilities is not enough to assure innovation culture in the business especially innovation paradigm to the founder. 2 (two) out of 3 (three) modern innovation choices are more essential to be applied to micro business which are inclusive innovation and collaborative innovation. Where the other 1 (one) innovation type, open innovation is more suitable to LOs. Following to that, this article also put the strategic steps to persevere innovation culture in Micro Businesses.

Keywords
Innovation, micro business, entrepreneurship, inclusive innovation, collaborative innovation

Topic
Economics

Link: https://ifory.id/abstract/TbrFZpJ63txR

Corresponding Author
Lia Hanifa

Institutions
Universitas Muhammadiyah Buton, Jl. Betoambari No. 36, Baubau 93723, Indonesia

Abstract
This research aims to explore information related to SMES innovation based on the sustainable economy in Baubau city in order to formulate solutions for development. SMES innovation is considered to be able to develop human resources with sustainable knowledge, creativity, innovation and the ability to develop jobs. However, the SMES in Baubau City is still not able to give a special predicate for the city. This research uses qualitative research methodology. The primary Data was obtained from research informants consisting of 32 SMES, government authorities, and SMES observer academics. Secondary Data is obtained from various Publication data such as cooperatives and SMES, Industrial and Trade Services, and Central Statistic Agency. The results showed that SMES innovation in Baubau City has not been able to serve as the main supporter of the economy in Baubau city. This is because the industry is more dominate in this city. In the city, Baubau Innovations have limited ability and have problems in their business development. This led to SMES innovations have not been able to provide a distinctive characteristic for Baubau city. The problems faced by SMES in the city of Baubau include capital, raw materials and production factors, labor, transaction costs, marketing, digitalization, and Intellectual Property Rights. SMES based on sustainable economies requires cooperation from various parties to achieve progress in the business world. Not only the government and the MSME actors themselves but also the community need to participate.

Keywords
MSME; economy; sustainable

Topic
Economics

Link: https://ifory.id/abstract/MVQEGAUHbkqP

Corresponding Author
Juliansyah Roy

Institutions
(1) Department of Administration Business, Faculty of Social and Political Sciences, Mulawarman University, Indonesia
(2) Department of Economy Science, Faculty of Economic and Business, Mulawarman University, Indonesia
*Email co author: juliansyah.roy[at]feb.unmul.ac.id

Abstract
E-wallet, or also known as the digital wallet is a structure that saves users pins and payment information securely as a means of transaction. Because of the progress of mobile technologies, the use of e-wallet facilities is increasing globally, including in Indonesia. In comparison, on e-wallet services, less attention is paid to user-related Innovation Resistance issues. This paper aims to review the Innovation Resistance Theory that consists of Use, Value, Risk, Tradition, and Image Barrier to investigate e-wallet resistance. This study views perceived novelty factor which proposed in previous studies that focused on mobile application and e-wallet services. The result of this paper is regarded as essential to provide a baseline for future e-wallet services to accommodate user needs and increase e-wallet utilization.

Keywords
E-wallet; Innovation Resistance Theory; Perceived Novelty

Topic
Economics

Link: https://ifory.id/abstract/XLbNFP8CnHwa