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INDONESIA
Journal of Indonesian Economy and Business
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Articles 8 Documents
Search results for , issue " Vol 17, No 1 (2002): January" : 8 Documents clear
MODELING SUPPLY OF INDONESIAN COOKING OILS Sugiyanto, Catur
Journal of Indonesian Economy and Business Vol 17, No 1 (2002): January
Publisher : Journal of Indonesian Economy and Business

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Abstract

Estimasi model penawaran untuk komoditi tahunan (perennial crops) terbukti tidak mudah. Estimasi terhadap model penawaran untuk berbagai komoditi telah dilakukan, namun tidak menghasilkan kesimpulan yang konklusif. Dalam paper ini dipaparkan hasil estimasi model penawaran minyak kelapa sawit dan kelapa untuk kasus di Indonesia dengan menggunakan metode ECM dan PAM. Ternyata model PAM masih lebih baik. Jumlah observasi yang sedikit dan begitu banyaknya intervensi pemerintah di sektor kelapa sawit dan kelapa mungkin menyebabkan lemahnya model ECM.Key words: Supply, Perennial crops, ECM, PAM
EVALUASI PENETAPAN KAWASAN ANDALAN: STUDI EMPIRIS DI KALIMANTAN SELATAN 1993-1999 Aswandi, Hairul M.; Kuncoro, Mudrajad
Journal of Indonesian Economy and Business Vol 17, No 1 (2002): January
Publisher : Journal of Indonesian Economy and Business

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Abstract

This paper attempts to evaluate government policy to classify a region as a key region (kawasan andalan) with special reference to South Kalimantan province. Using location quotient and logistic regression, we showed that the policy designed and based merely on regional income per capita and key subsector. The policy seems, to ignore the growth of regional income and regional specialisation. Our analysis also suggests that regional classification based on Klassen Typology is a better alternative than that of the ad-hoc “key region”. Key words: kawasan andalan, LQ, logistic regression, Klassen Typology
KEMISKINAN DI SRIHARJO DEWASA INI Indroyono, Puthut; Junarsin, Eddy
Journal of Indonesian Economy and Business Vol 17, No 1 (2002): January
Publisher : Journal of Indonesian Economy and Business

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Abstract

Economic improvements should be appraised from growth, ethical, and sustainable development point of views. Hence, economic growth is only one of the improvement criteria. Subsequently, institutional economics hypothesizes that the roles of institutions and cultures are obvious in designing economic system and policies in a particular country. In other words, not one economic system is appropriate for every country. Accordingly, in order to find out that people economy is the most suitable economic system in Indonesia, we visited the village of Sriharjo on November 28, 2001. The results show that albeit its use of traditional economic system (agriculture) and financial institution, Sriharjo survived when the monetary crisis hit the village economy. This empirical result supports the hypothesis of institutional economics that cultures can help establish a strong foundation in an economy. The conclusion is in line with previous research finding by Mubyarto, Masri Singarimbun, and David Penny.Keywords: Institutional economics, people economy.
ILMU EKONOMI DAN PEMBANGUNAN INDONESIA (A DEVELOPMENT MANIFESTO FOR INDONESIA) Mubyarto, Mubyarto; Bromley, Daniel W.
Journal of Indonesian Economy and Business Vol 17, No 1 (2002): January
Publisher : Journal of Indonesian Economy and Business

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Abstract

Economic development must be thought of as a process in which a gradual and self-reinforcing evolution of institutions (“working rules”) gets underway, all the while being informed and guided by the explicit purpose of: (1) encouraging economic growth; (2) enhancing the equality with which the benefits of that growth are shared; and (3) assuring that natural assets are not degraded in a manner that will compromise in the future either continued growth, or continued sharing of the benefits of growth. We see that institutions are central to growth, poverty alleviation, and sustainability. We also see that economic growth – increases in per capita GDP (or GNP) – is not sufficient unless it is also accompanied by a simultaneous and plausibly sustainable decrease in social inequality, and unless growth is not destructive of future growth and development.The process of economic development must incorporate three central ideas. These concepts concern ethics, law, and economics. Ethics concern collective perceptions of what is good and just not only in the present, but in terms of objectives to be pursued in the future. Law concern the application of the collective power to mediate and to enforce that ethical consensus – always with an eye to the future. Economics concerns the calculation of profit and loss predicated upon: (1) the ethical base of the nation state as a going concern; and (2) upon the legal foundations that give substance and content to the prior ethical foundations of that nation state.Keywords: Poverty Alleviation, Institutional Economics, People’s Economy.
ANALISIS PENGARUH STRATEGI INSTITUSI, BUDAYA INSTITUSI, DAN CONFLICT OF INTEREST TERHADAP BUDGETARY SLACK N, Henrika C Tri Adi; Mardiasmo, Mardiasmo
Journal of Indonesian Economy and Business Vol 17, No 1 (2002): January
Publisher : Journal of Indonesian Economy and Business

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Abstract

This study examines the influences of Institution Strategy, Institution Culture, and Conflict of Interest on Budgetary Slack. The culture was devided into two types; common culture, the employee working process and budget culture, the composing budget process. The results of the case study at Local Government in Daerah Istimewa Yogyakarta showed that institution culture tend to have positif influence on common culture, commitment organization, and locus of control. On the other hand, it was found that rewards for group performance, hierarchical index, philosophy, and supervisor as team leader have high influence for budgetary slack creating. Both interview and direct questionare fill up show that the budget is not enough for executive programs and projects due to misunderstandings that often happen between executive and legislative in the process of composing. Otherwise, the program will be dropped or cut down if the reason was not accepted or conformed by legislative. However, conflict of interest tend to have negatif influence on budgetary slack and institution strategy that hold up their work. Key Words: Institution Strategy, Institution Culture, Conflict of Interest, Budgetary Slack
SPEED OF ADJUSTMENT AND TARGET DIVIDEND PAYOUT RATIO IN INDONESIA Tandelilin, Eduardus
Journal of Indonesian Economy and Business Vol 17, No 1 (2002): January
Publisher : Journal of Indonesian Economy and Business

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Abstract

Penelitian ini bertujuan untuk menganalisis kecepatan penyesuaian dan target rasio pembayaran dividen di Indonesia dengan menggunakan model Lintner. Sampel penelitian terdiri dari 975 perusahaan yang terdaftar di Bursa Efek Jakarta (BEJ) yang melakukan pembayaran dividen selama periode 1994 sampai dengan 1999. Penelitian ini menemukan empat hal penting, yaitu: pertama, selama berlangsungnya krisis moneter di Indonesia, jumlah perusahaan yang mengumumkan earning dan membayar dividen mengalami penurunan yang signifikan. Kedua, perusahaan-perusahaan di Indonesia selama periode 1994-1999 cenderung lambat melakukan penyesuaian pembayaran dividen mareka terhadap target dividennya, yaitu sekitar 0,36. Hasil ini menunjukkan kecenderungan yang lebih lambat dibanding hasil penelitian sebelumnya yang dilakukan oleh Sutojo dan Irianto (1990; 1995) selama periode 1986-1993, serta Selvi (1999) selama periode 1991-1996. Ketiga, perusahaan-perusahaan di Indonesia selama periode 1994-1999 membayarkan dividen bagi pemegang sahamnya sebesar 0,53 dari earning yang diperolehnya. Hasil ini lebih rendah dibanding temuan penelitian sebelumnya oleh Sutojo dan Irianto (1990;1995) dan Selvi (1999). Keempat, ada kecenderungan bahwa selama periode 1994-1999 investor di Indonesia lebih berorientasi pada capital gain. Hasil ini konsisten dengan hasil penelitian sebelumnya oleh Sutojo and Irianto (1990, 1995) serta Selvi (1999). Kata Kunci: Kecepatan penyesuaian, Rasio target pembayaran dividen, Model Lintner, Orientasi capital gain.
PENGARUH KETIDAKPUASAN KONSUMEN, KARAKTERISTIK KATEGORI PRODUK, DAN KEBUTUHAN MENCARI VARIASI TERHADAP KEPUTUSAN PERPINDAHAN MEREK Junaidi, Shellyana; Dharmmesta, Basu Swastha
Journal of Indonesian Economy and Business Vol 17, No 1 (2002): January
Publisher : Journal of Indonesian Economy and Business

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Abstract

The objective of this study is to examine the partial and simultaneous effects of customer dissatisfaction, characteristics of product category, and variety-seeking needs on brand switching behavior. This study has tested the impact of the variety-seeking needs as a moderating variable on brand switching behavior and provided an alternative perspective on the concept of consumers’ brand loyalty. The brand switching approach can be very helpful in resolving problem and decision making related to brand loyalty reinforcement. The results show two important findings. Firstly, the customer dissatisfaction and variety-seeking needs were significantly related to brand switching behavior, but the impact of characteristics of product category itself on brand switching behavior was not significant. Secondly, the variety-seeking needs moderated the effects of customer dissatisfaction and characteristics of product category on brand switching behaviors. Some implications for future research are identified, including the choice of products as research objects, dissatisfaction constructs, and the importance of inter-customer interaction issues.Key words: brand switching, customer dissatisfaction, characteristic products, variety-seeking, involvement
ENTRY, EXIT, DAN TINGKAT KONSENTRASI PADA INDUSTRI MANUFAKTUR DI INDONESIA, 1995-1997 Satriawan, Elan; Wigati, Hening
Journal of Indonesian Economy and Business Vol 17, No 1 (2002): January
Publisher : Journal of Indonesian Economy and Business

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Abstract

Conventional wisdom assumes that concentration rate will change due to the change in entry and exit rate. Entry will negatively influence concentration rate, while exit will change concentration rate positively. This has mainly inspired many governments to adopt what is called the pro-competition policy like deregulation to increase entry rate, hence increasing the competition. Empirically, the relation however, between entry and exit with concentration rate is not such so certain as decribed in theory. The number of entrants (number of firms in broad), as shown in this study, was not the important factor in changing the concentration. It is found that the entrant’s market share and relative size were the significant factors in changing the concentration rate. In addition, product differentiation was the only factors affecting the entry, while product differentitation and capital requirement explained the change in exit.Key words: Entry, Exit, Industrial Concentration, Indonesian Manufacturing.

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