JURNAL EKONOMI DAN KEBIJAKAN PEMBANGUNAN

Strategy to Increase Property Tax Revenue in West Bangka Regency

Reisty Amelia, Dedi Budiman Hakim, Feryanto — Thu, 16 Nov 2023 00:00:00 +0700

The implementation of regional autonomy aims to realize regional independence. A region must have regional financial capacity to create regional independence, which can be seen from the high regional original income (PAD). Efforts to realize regional independence through increasing PAD are carried out by exploring PAD sources, one of which is by exploring potential sources of regional taxes, namely property tax in rural and urban areas (PBB-P2). PBB-P2 is a tax whose revenue increases every year as a result of the development of a region. the purpose of this study is to identify the potential for PBB-P2 acceptance and recommend strategies to increase PBB-P2 revenue. The analytical method used is PBBP2 acceptance analysis and multi-criteria policy (MULTIPOL). The results of the study show that estimated potential income that must be maximized is IDR 8.03 billion. Alternative strategies to increase PBB-P2 revenue in West Bangka Regency are through data updating policies, developing human resources, using technology, increasing the understanding and knowledge of taxpayers, and increasing supervision

Analysis of the Effect of Global Uncertainty and Financial Development on Foreign Direct Investment in Indonesia

Fuzi Noviyanti, Iman Sugema, Tony Irawan — Thu, 16 Nov 2023 11:24:08 +0700

The world is currently facing unprecedented uncertainty in social, political, and economic aspects, which continuously evolve every year owing to extraordinary events that impact countries worldwide. In contrast, The growth strategy of a country organizes must include Foreign Direct Investment (FDI), especially in Indonesia. The fluctuation in foreign investment in Indonesia indicates that foreign investors also consider growing global uncertainty alongside the development of Indonesia’s financial sector. This study examines the relationship between global uncertainty and financial development on FDI in Indonesia from 1997 to 2020 using the Autoregressive Distributed Lag (ARDL) method. The results indicate that global uncertainty significantly negatively impacts Indonesia’s FDI in the short and long terms. However, global economic policy uncertainty positively influences Indonesia’s FDI in the long term. This indicates that Indonesia has become an attractive alternative for foreign investors during global economic policy uncertainty. Regarding financial development, the amount of credit provided by the domestic banking sector to the private sector in Indonesia positively influences Indonesia’s FDI in both the short and long terms. This demonstrates that Indonesia’s financial condition and infrastructure can determine foreign investors’ decisions to invest in Indonesia.

Impact of Information and Communication Technology on Economic Growth in Western and Eastern Region of Indonesia

Bangsawan, Nunung Nuryartono, Syamsul Hidayat Pasaribu — Thu, 16 Nov 2023 11:40:36 +0700

The three main components of economic growth are capital accumulation, population growth, and technological progress. One form of technology that is experiencing rapid development at the global and national levels is information and communication technology (ICT). ICT plays an important role in supporting the activities of actors in increasing output in the form of goods and services. This research aims to analyze the impact of ICT on economic growth in the western region of Indonesia (KBI) and the eastern region of Indonesia (KTI) using descriptive analysis and the Generalized Method of Moment (GMM) model during the 2016-2020 period. The research results show that the ICT variables for landline telephones, cellular telephones and government ICT spending have a significant effect in driving economic growth in the eastern region, while for the western region the ICT variables do not have a significant influence on economic growth. The western region has not been able to make maximum use of the implementation of cellular telephone technology or ICT spending in improving the economy. To obtain the benefits of ICT as an economic driver in each region, the role of policy makers is needed in encouraging ICT adoption in the productive sector and providing access and technological infrastructure that can reach all regions and all levels of society.

MSMEs Distribution Pattern Tourism Village in Increasing MSMEs Income in Biduk Biduk District, Berau Regency

Wurdaningsih, Bambang Juanda, Hermanto Siregar, Ichsan — Thu, 16 Nov 2023 11:52:04 +0700

Understanding Micro, Small and Medium Enterprises (MSMs) clustering is important in developing regional policies, business locations and economic growth in a region. This study analyzes MSMEs distribution pattern in tourist villages in increasing their income in Biduk Biduk District, Berau Regency. Data were collected through a survey of 98 MSMEs and analyzed using nearest neighbor analysis, and location theories. The results show that the MSME distribution pattern forms a clustering pattern based on z-score and the nearest neighbor ratio (NNR) value. The lowest NNR was 0,567589 in Teluk Sumbang Village, the highest was in Giring Giring Village with an NNR of 0,776032, and the average the closest distance between MSMEs was 2 meters. The clustering pattern of MSMEs is related to proximity to village tourism objects, residential areas, main roads, school facilities, hotel and homestay.. The MSMEs income varies with total income and the highest average income of MSMEs is in Biduk Biduk Village. However, studies related to the distribution pattern of MSMEs in tourism villages are still limited. This research is useful as a reference for researchers, policy makers and business practitioners in developing MSMEs, especially in rural Berau Regency and the region beyond.

Analysis of Banking Credit Response to Quantitative Easing Policy during the Covid-19 Pandemic in Indonesia

Reza Jamilah Fikri, Iman Sugema, Syamsul Hidayat Pasaribu — Mon, 27 Nov 2023 08:33:50 +0700

The purpose of this study is to identify the response of banking credit/financing and to analyze which bank
characteristic variables have caused and had the potential to differentiate in banking credit/financing
responses after the implementation of the quantitative easing policy during the Covid-19 pandemi in
Indonesia. This study uses the Klaassen Typology, Discriminant Analysis, and Multinomial Logistics
methods. With quantitative data from 30 banks included in books 2 and 3, the results show that In quantitative easing 1, there are 15 banks respectively that have positive credit/financing growth, while in quantitative easing 2 there are 14 banks that have positive credit/financing growth and 16 banks with stagnant or negative credit/financing growth with variable that can distinguishes the bank's credit response is deposit growth. The study also concluded that with the Multinomial Logistic method show that a significant positive variable in all quadrants is the security asset to total assets ratio.