Price stabilization policy in an emerging economy: An asymmetric approach
In: Journal of international studies, Band 12, Heft 2, S. 165-181
ISSN: 2306-3483
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In: Journal of international studies, Band 12, Heft 2, S. 165-181
ISSN: 2306-3483
This paper elaborates some appropriate policies regarding regional poverty reduction in Central Java province. This research estimates a poverty model based on a set of panel data comprising 29 regencies and six cities from 2011 to 2016. A fixed-effect model presents that poverty rate has a negative association with regional economic growth, minimum wage level, number of unemployment, and the quality of human resources. The higher number of population significantly decreases poverty rate in each region. Also, this study indicates that there is more poverty rate in the eastern region than that in the west region. Moreover, the percentage of the poverty rate in regencies remains higher than the level in the cities. Overall, these results indicate that the local governments have successfully managed the poverty issues in among regencies and cities. This research finds that local governments are on the right way in their public policies in the development process. For more effective in poverty reduction, the local governments in the eastern region have to improve their human resources quality.
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This research analyzes the determinants of inflation rate in the local economy. It uses co-integration and vector error correction to capture the long and short run relationship between inflation rate and other economic variables. We find that the determinants of inflation rate in Yogyakarta are minimum wage, economic growth, and monetary variables indicated by BI-rate. More finding, exchange rate also contributes to the price change. This research finds evidence of long-run causality between minimum wage and inflation and unidirectional relationship from wage to inflation in the short run. This finding confirms the proposition of non-neutrality wage on price changes. The inflation rate in the local economy depends not only on the regional indicator but also depends on international changes reflected in the exchange rate. Monetary variable indicated by BI- rate also partially contributes to the price changes at the local level. Overall, the local government has successfully managed the price changes.DOI:10.15408/etk.v17i1.7146
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This study attempts to analyze the role of fiscal capacity in poverty alleviation in Yogyakarta for the period of 2006-2013. For this purpose, this study uses panel data approach to estimate the empirical model involving four regencies and a city. This research f ound that fixed effects model is the best model to explain the role of fiscal capacity to the poverty rate. Overall, the results present that all independent variables are good predictors for poverty rate model. Based on the complete fixed effects model, the research shows that public spending and fiscal transfer are significant predictors for poverty rate. In contrast, government own revenue has negative impact to poverty rate. These results indicate fiscal capacity in among regencies and city in Yogyakarta has well managed to improve social welfare. This study also reveals that local governments need to improve their public spending as well as to strengthen their frameworks on public services policies.
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Local fiscal capacity plays a crucial role in the implementation of regional development. This study aims to examine the fiscal disparities among regions in Central Java province in 2007-2009 period. The research method used is the average difference test against various classes/groups of local fiscal variables, namely level of independence and the degree to fiscal dependency. From the results of the analysis, indicate a significant disparity between the city/county. For the analysis of disparities in fiscal independence, indicate a disparity of high and relatively constant. As for the analysis of disparities in fiscal dependence, indicate a relatively low disparities between city/county. These results imply that the city and district in Central Java province has continued in fiscal independence vary widely but tend to have nearly the same fiscal dependency. This condition will affect the low level of local government discretion in planning and execution of development in the region.
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The fiscal policy has become an important issue in Asian countries, including Indonesia. In recent years, a number of papers have focused on the examination official performance, including fiscal sustainability and the relationship between fiscal and monetary variables. This paper attempts to analyze the relationship between fiscal variables, including government expenditure, tax and price in Indonesia. This paper applied cointegration and Vector Error Correction Model (VECM) to analyze the relationship between government expenditure and tax. The result shows that, there is strongly long run relationship between fiscal and monetary variables. A more active fiscal policy and a better fiscal management must be practiced in Indonesia.
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Abstract: This paper aims to investigate the effect of the factors that determine local governmentown revenue in the districts /cities in West Java province. We analyze the data of alldistricts/cities in the period of 2006 until 2009. Analyses were performed by a panel dataregression method. Based on the results of analysis we obtained that the number of industries,population and gross domestic product has positive and significant impact on revenue. Thisresult is a portrait of society that economic activity is indicated by gross domestic productgrowth and the industry has strong links with the government sector, particularly withregard to revenue receipts. From the other side, it can also be concluded that the activities oflocal governments will depend on private sector economic activity. Abstrak: Paper ini bertujuan mengetahui pengaruh faktor-faktor yang menentukan pendapatanasli daerah (PAD) di kabupaten/kota di provinsi Jawa Barat. Data yang dianalisisadalah data semua kabupaten dalam kurun waktu tahun 2006-2009. Analisis dilakukan denganmetode regresi data panel. Berdasarkan hasil analisis diperoleh hasil bahwa jumlah industri,penduduk, dan pendapatan domestik bruto (PDRB) berpengaruh positif dan signifikanterhadap Pendapatan Asli Daerah (PAD). Hasil ini mengambarkan bahwa kegiatan ekonomimasyarakat yang ditunjukkan oleh pertumbuhan PDRB dan jumlah industri memilikihubungan erat dengan sektor pemerintah, khususnya berkaitan dengan penerimaan pendapatandaerah. Dari sisi lain dapat disimpulkan juga bahwa kegiatan pemerintah daerahakan sangat tergantung kepada kegiatan ekonomi sektor swasta.
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In: European research studies, Band XX, Heft 3A, S. 538-553
ISSN: 1108-2976
In: Alam, M.M., Ibrahim, Y., & Sriyana, J. (2022). Do Education Sector Credit Cards Differ with Other Credit Cards in Malaysia? Society and Business Review, 17(1), 141-153. https://doi.org/10.1108/SBR-07-2020-0096
SSRN
In: Society and business review, Band 17, Heft 1, S. 141-153
ISSN: 1746-5699
Purpose
The credit card market is very large and segmented by targeting different types of consumers. One type of credit card is one that specifically targets people in the education sector, for instance, students, teachers and other staff members. This study aims to compare the features of education and other credit cards in Malaysia.
Design/methodology/approach
The study analyzes data concerning 234 credit cards by using descriptive statistics and a one-way analysis of variance test.
Findings
Out of 234 credit cards, this study found only two credit cards especially target education sector customers. The study evaluated 13 features of these credit cards and found that only 2 features are statistically significantly different from other conventional credit cards in Malaysia. These features are interest rate and cash withdrawal charge fees.
Originality/value
This is an original study based on the compilation of data from secondary sources. The findings will provide valuable insights to financial regulatory policymakers, academics and business managers.