Electricity is one of the strategic commodities in Indonesia. The Increasing of electrical price (so called TDL stand for Tarif Dasar Listrik) administered by the government will be negative impact on Indonesian economic performance. Based on this research analysis, a rise of TDL will have negative impact on macro and sectoral economic performance. This study aims to analyze the effects of a rise of TDL and policy responses to minimize its negative impacts on Indonesian economic performance. The data which is used in this research areInput Output Table, Social Accounting Matrix (SAM) and SUSENAS data. Sources of data obtained from Board Central of Statistics. The analysis using Computable General Equilibrium (CGE) model is called INDOTDL CGE model. The simulation results show that a rise of TDL will have negative impact oneconomic growth, household consumption, export, employment and sectoral demand. This study also shows that an increase of efficiency in electricity sector by 10 percent is expected to decrease the electrical price. In addition, a rise of TDL which is followed by an increase of efficiency or decrease of value added tax (VAT) policy in all sector have positive impact on macro and sectoral economic performance on Indonesian. The most effective policy to economic improvementis to increase efficiency of electricity sector, so TDL doesn't need to be increased.Keywords : TDL, CGE, Efficiency, VAT, Economic Performance
Biodiesel is considered as one of the alternative eco-friendly fuels. Besides, the government also issued policy related to biodiesel that is CPO Supporting Fund (CSF) Policy. The aim of the research is to identify Business model canvas (BMC) biodiesel industry in PT XYZ and to know the strategies to develop business from biodiesel industry in line with the CPO supporting fund policy. The analysis tool used in this research is BMC, SWOT and Quantitative Strategic Planning Matrix (QSPM). The research results in identifying BMC of PT XYZ is customer segment that the company serves in the form of domestic as well international customers. The value the company offers is biodiesel quality that is in accordance with SNI standard and the distribution is at the company's cost; the relationship built with the customers is by communities and co-creation; the marketing network through stock exchanges and commodity exchanges; the revenue obtained from selling biodiesel and the price difference between biodiesel and solar from BPDPKS; the company's resources are human resource, raw material resource, and financial resource; the main activities carried out by the company is CPO process to become biodiesel and sale; the company's partners are GAPKI, BPDPKS and APROBI; the cost structure is operational cost, workers' salary, and CPO levy fund. Furthermore, the strategy to develop biodiesel industry in line with the rapid increase of competitiveness is to increase the biodiesel production capacity and communication improvement and CRM to improve customers' service.Keywords: biodiesel, CPO supporting fund (CSF), levy fund, vegetable oil (BBN), business model canvas (BMC)
This study was conducted to examine the effect of government spending on education, poverty, income per capita and the dummy of the main and newly established regions to education in Aceh Province. The data used in this study are panel data of 23 city districts in Aceh Province from 2008 to 2013. To estimate multiple models of data panels, Common Effect Model and The SYSLIN Procedure 2 SLS Estimation using SAS 9.31 Program are used. The results of the study showed that government spending on education, income per capita in main regions are positively and significantly effect on education, while poverty negatively affects on education in Aceh Province. However, education has a small response to government spending on education in Aceh Province. According to the results of the research, it is recommended for local governments to intensify the service and supervision of education in the newly established regions, specifically in remote areas.
Mobile payment is an industry's response to global and regional technological-driven, as well as national social-economical driven in less cash society development. The purposes of this study were 1) identifying positioning of PT. Indosat in providing a response to Indonesian mobile payment market, 2) analyzing Indosat's internal capabilities and business model fit with environment turbulence, and 3) formulating the optimum mobile payment business model development design for Indosat. The method used in this study was a combination of qualitative and quantitative analysis through in-depth interviews with purposive judgment sampling. The analysis tools used in this study were Business Model Canvas (MBC) and Ansoff's Strategic Diagnosis. The interviewees were the representatives of PT. Indosat internal management and mobile payment business value chain stakeholders. Based on BMC mapping which is then analyzed by strategic diagnosis model, a considerable gap (>1) between the current market environment and Indosat strategy of aggressiveness with the expected future of environment turbulence level was obtained. Therefore, changes in the competitive strategy that need to be conducted include 1) developing a new customer segment, 2) shifting the value proposition that leads to the extensification of mobile payment, 3) monetizing effective value proposition, and 4) integrating effective collaboration for harmonizing company's objective with the government's vision. Keywords: business model canvas, Indosat, mobile payment, less cash society, strategic diagnosis AbstrakMobile payment adalah sebuah respon industri terhadap dorongan teknologi global maupun regional, serta dorongan ekonomi nasional berupa pembentukan Masyarakat Non Tunai. Tujuan penelitian ini adalah 1) mengidentifikasi positioning PT. Indosat dalam memberikan respon terhadap pasar mobile payment di Indonesia, 2) menganalisis kesesuaian kapabilitas internal dan model bisnis mobile payment Indosat dengan turbulensi lingkungan, 3) memberikan rancangan pengembangan model bisnis mobile payment yang optimal bagi Indosat. Metode yang digunakan dalam penelitian ini adalah kombinasi analisis kualitatif dan kuantitatif melalui wawancara mendalam kepada narasumber ahli yang ditentukan secara purposive judgement sampling. Alat analisis yang digunakan dalam penelitian ini adalah Model Bisnis Kanvas (MBK) dan Strategic Diagnosis Ansoff. Narasumber penelitian adalah perwakilan manajemen internal PT. Indosat dan pihak-pihak pemangku kepentingan di dalam rantai nilai dasar bisnis mobile payment. Berdasarkan pemetaan MBK yang kemudian dianalisis dengan model strategic diagnosis menghasilkan adanya gap yang cukup jauh (>1) antara lingkungan pasar saat ini dan agresifitas strategi Indosat dengan tingkat turbulensi lingkungan masa depan yang diharapkan. Oleh karena itu, perubahan strategi kompetitif yang perlu dilakukan adalah 1) membentuk segmen pelanggan baru, 2) melakukan pergeseran proposisi nilai yang mengarah kepada ekstensifikasi mobile payment, 3) monetisasi proposisi nilai yang efektif, dan 4) kolaborasi terpadu yang efektif untuk menyelaraskn tujuan perusahaan dengan visi pemerintah.Kata kunci: model bisnis kanvas, mobile payment, Indosat, masyarakat non tunai, strategic diagnosis
Competitiveness of a country's export commodities is one of the indicators used to measure its economic progress. This study aims to analyze the competitiveness of Indonesian rattan furniture in China and the ASEAN region, along with the influencing factors and to conclude appropriate strategies to improve its competitiveness. The analysis was conducted by utilizing Diamond's Porter, Normalized Revealed Comparative Advantage (NRCA), and panel data regression. The results showed that the competitiveness of Indonesian rattan furniture in the ASEAN region and China, in the period of 2001 to 2014, is fluctuated with small level of competitiveness. This notion can be seen from all of the positive NRCA index values. In the Fixed Effects Model (FEM), the independent variables that significantly influence NRCA include the export prices and volumes, global prices of rattan furniture and raw rattan, the number of rattan industries, production of real rattan, production value of rattan, investment of rattan industry, direct labor of rattan industry, interest rate of Bank loans, implementation of ACFTA and violation policy of raw and semi-finished rattan exports. To increase the competitiveness of Indonesian rattan furniture, the government is urged to establish a development or training center for the innovative designs and improvement of quality standard of Indonesian rattan furniture. This is also supported by a guarantee of rattan raw material availability and technological improvement of rattan processing industry. Thus, the third step to perform is the improvement of infrastructure and distribution chain, improvement of market information systems, and strengthening of brand image of rattan furniture in Indonesia.Keywords: competitiveness of rattan furniture, diamond's porter, normalized revealed comparative advantage, fixed effect model ABSTRAKDaya saing komoditas ekspor negara merupakan salah satu indikator yang digunakan untuk mengukur kemajuan ekonomi suatu negara. Penelitian ini bertujuan untuk menganalisis daya saing furniture rotan Indonesia di kawasan ASEAN Tiongkok serta faktor-faktor yang memengaruhinya dan kemudian menyimpulkan strategi yang tepat untuk meningkatkan daya saingnya. Analisis dilakukan dengan menggunakan Diamond's Porter, Normalized Revealed Comparative Advantage (NRCA) dan regresi data panel. Hasil penelitian menunjukkan bahwa daya saing furniture rotan Indonesia di kawasan ASEAN dan Tiongkok dalam kurun waktu 2001 hingga 2014 berfluktuasi dan sebenarnya masih mempunyai daya saing meskipun kecil, hal ini dapat dilihat dari semua nilai indeks NRCA nilainya positif. Pada Fixed Effect Model (FEM), variabel independen yang berpengaruh signifikan terhadap NRCA adalah harga ekspor, volume ekspor, harga furniture rotan dunia, harga rotan mentah dunia, jumlah perusahaan industri rotan di Indonesia, produksi rotan riil di Indonesia, nilai produksi rotan di Indonesia, investasi industri rotan di Indonesia, tenaga kerja langsung industri rotan, besarnya suku bunga pinjaman Bank, pemberlakuan ACFTA dan kebijakan pelarangan ekspor rotan mentah maupun setengah jadi. Untuk mampu meningkatkan daya saing furniture rotan Indonesia, pemerintah harus mendirikan pusat pengembangan atau pelatihan dan pengembangan desain yang inovatif maupun standart mutu furniture rotan Indonesia. Hal ini juga didukung dengan adanya jaminan ketersediaan bahan baku rotan dan peningkatan teknologi industri pengolahan rotan. Hal ketiga yang perlu dilakukan adalah perbaikan infrastruktur maupun rantai distribusi, perbaikan sistem informasi pasar rotan serta penguatan brand image furniture rotan Indonesia.Kata Kunci: daya saing furniture rotan, diamond's porter, normalized revealed comparative advantage, fixed effect model
Realizing that there are still alot of poor households (RTM) in Indonesia, the government through various programs and policies continue to improve the food security conditions of poor households, particularly through Raskin. The implementation of Raskinhas been running about ten years. However, the criteria of "Enam Tepat" as indicator of success oof Raskin, has not been fully achieved. The purpose of this study consist of: Firstly, analyze the effectiveness of the Raskin program in West Java. Secondly, analyze the condition of the food security of poor households in West Java. The study was designed as a research survey with the simple random sampling method.The results showed that the actual Raskin recipients exceed the amount of targeted households (RTS) with deviations ranging from 17.33 to 164.23 percent. Deviation in the quantity indicator ranged from 14.77 to 62.15 per cent. While, the price deviations ranged from 14.26 to 40.19 per cent. For timely indicators of Raskinis generally achieved. Analysis on food security conditions of poor households showthat the poor households that categorized as vulnerable on food is approximately 6.7 percent to 34.5 percent.
Linkage of credit on BI rate, funds rate, inflation, and government spending on capital provides evidence from Indonesia. This paper found advance explanation about banks credit as monetary transmission channel and its role on Indonesian economy. We used credit depth as a ratio of banks credit to GDP nominal, to explain the role of credit in Indonesian economy. We developed a VAR model to measure the response of credit to BI rate, funds rate and inflation rate, and OLS method to find out how banks credit response to government spending on capital. This paper revealed bi-direction causality between credit and BI rate, credit and funds rate, and credit and inflation. There is trade-off between credit and BI rate, credit and funds rate, and credit and inflation, but government spending on capital promotes credit depth. We found that Indonesian banking is bank view, allocated their credit based on their performance, not merely on the monetary policy determined by central bank. For bank view perspectives, we analyzed the link between LDR as an indicator of credit channel mechanism to NPLs and CAR. We found that there is no significant effect of CAR to LDR, but has a strong negatively relationship between NPLs to LDR. This evidence indicates that commercial banks in Indonesia allocated their credit do not related to their capital but merely to the quality of their credit portfolio.
In year 2009, the agricultural sector contributed around 15% of Indonesia's GDP, and absorbed around 44 million of total workforce. As the biggest GDP contributor and workforce absorption within the sector, foodcrops holds a strategic role in providing national food security. In line with ensuring food security program government has promulgated a national agricultural revitalization agenda, which one of the programs is providing a financing scheme for small scale farmer. At the implementation level, the program was not performed yet, due to the weaknesses of existing institutions.In turn it resulted in the significant gap of financing and investment in the agricultural sector. The aim of this research is to design a model of financial institution a nation wide level, focussing on foodcrops financing using Interpretative Structural Modeling (ISM) which then supported by Analytical Hierarchy Process (AHP). The combination of ISM, systems approach and AHP are designated to accommodate the complexity of the object. The respondents involved are experts from various related institutions. ISM analysis indicated that price stability, government commitment, geographic coverage, suitability of the institution with local conditions, and return of investment are strong sub-elements drivers among the sub-elements of the system. The recommendation of institution design by using AHP is to develop a new non-bank financial institution, set up by the government that focuses their financing baesd on supply chain approach. (Key words: Financial Institution, Foodcrops, ISM, AHP)
Tourism is one of the most significant contributors to the construction sector in Indonesia, with the contribution around 13.9 percent of the total GDP in 2012. In connection with the government's efforts in improving the contribution of tourism in an effort to boost economic growth while improving the welfare of society, then the increase in tourism investment as focus in the development program, the goal for the activities can provide added value as well as lead to increased production that will be produced. If it is known that the average investment for the tourism sector is Rp. 2.73 billion during the period 2006-2012. This figure also shows that the contribution of tourism investment to total investment amounted to only 6 percent (Kemenpraf, 2012), in other words, an investment in the tourism sector has not been able to provide optimal contribution to the national economy development. Based on the fact that some of the problems arising from the government's efforts to boost trade and investment in the tourism sector continues to be done. The determinant factors of the amount of investment and trade from the Indonesian tourism and other countries to be considered and used as the basis of decision-making reference. Similarly, the amount of trade and investment flows to and from outside the State, are also worthy of consideration. To answer the problems, we use the gravity model as methodology and construvt the model of investment and trade of flows which consists of 5 models: the model of the flow of Indonesian tourism investment, exports of goods and services models Indonesian tourism, imports of goods and services model of tourism in Indonesia, Indonesian tourism demand flow model, and the model Indonesian tourism supply. Based on the results of the analysis using the five models were obtained magnitude of investment inflows to Indonesia influenced by the population of the country of origin of tourists and mileage of the country of origin of foreign tourists to Indonesia, where the influence of explanatory variables endogenous variables as a whole is at 0:42 at a significance level of 95 percent. The magnitude of the flow of goods and services exports of Indonesian tourism is affected by the distance variable, price of Indonesian tourism in the country of origin of tourists, exchange rate against foreign currencies origin of tourists, population, tourism and exports of the previous year are variables that significantly affect the confidence level of 95 percent, the magnitude of the effect was 92.7 percent and this shows considerable influence.In the model the flow of goods and services for Indonesian tourism, we use a variable distance, Indonesian GDP, the exchange rate, the price of Indonesian tourism in the countries of origin of tourists and imports of goods and services in the Indonesian tourism previously an influential variable significantly (at 90 percent confidence level), and in general of the statistical results obtained by the relationship between the value of imports of goods and services to the Indonesian tourism is the independent variable by 96 percent. In the model flow of Indonesian tourism demand, the estimation results indicate that the tourism demand variable by independent variables Indonesian GDP, GDP of the country of origin of tourists, tourism for Indonesia, Tourism for the competing countries of ASEAN countries, and tourism consumption by foreign tourists in Indonesia as significant variables in the real level of 0:05 with the magnitude of the effect is at 93.2 percent. Statistically, the result also define there is relationship between magnitude supply of Indonesian tourism deals with variable-GDP Indonesia, Indonesian tourism price, exchange rate, domestic consumption, and consumption in other countries as variables significant (at significance level 0.05) effect on variable deals with the influence of Indonesian tourism amounted to 95.6 percent and the remaining 4.4 percent are influenced by other factors outside of the study such as inflation, interest rates, and investment tourism.
Global climate change influences the economic performance of all countries, and Indonesia is no exception. Under climate change, Indonesia is predicted to experience temperature increases of approximately 0.8°C by 2030. Moreover, rainfall patterns are predicted to change, with the rainy season ending earlier and the length of the rainy season becoming shorter. Climate change affects all economic sectors, but the agricultural sector is generally the hardest hit in terms of the number of poor affected. We assess climate change impacts for Indonesia using an Indonesian computable general equilibrium (CGE) model that focuses on the agricultural sector. Climate change input data were obtained from the International Food Policy Research Institute's International Model for Policy Analysis of Agricultural Commodities and Trade. Our results show that by 2030, global climate change will have a significant and negative effect on the Indonesian economy as a whole. In these projections, we see important impacts for particular sectors in the CGE model, especially for the agricultural sector (both producers and consumers) and in rural areas and for poorer households. Real gross domestic product (GDP) drops slightly and the consumer price index (CPI) increases by a small amount. Negative GDP growth is chiefly the result of adverse impacts on agriculture and agro-based industries, with the largest impact for soybeans, rice, and paddy (unmilled rice). Decreasing output of paddy and rice will adversely affect the country's food security. Domestic prices for paddy and rice increase significantly, pushing up the CPI. Taking international food price shocks into account would increase negative impacts. We find that addressing constraints to agricultural productivity growth through increased public agricultural research investments will be important to counteract adverse impacts of climate change. Enhanced awareness of both government agencies and farmers will be needed for the rural economy to adapt to the adverse impacts of climate change. ; Non-PR ; IFPRI1; GRP43 ; MTID
