Effect of Increasing Use the Card Payment Equipment on the Indonesian Economy

Non-cash payments have been increasing significantly, followed by its substitution andefficiency effects. Cash payment is substituted, inducing a decrease of cash holding by economicagents, while on the other hand more money enters the banking system. The increase of non-cashpayments also cuts transaction costs, and the economy runs more efficiently. Using Vector ErrorCorrection Model (VECM), its impacts on the economy are investigated. The result shows thatcash holdings decrease, while money stock M1 and M2 increase. The increase of non-cashpayments also induces GDP growth and slight price decrease

Modified Lq And Dynamic Economic Base

Economic Base is an important concept in the regional development planning. This paperconsists of three parts; theory, analytical tool and case studies of regional economic base. Firstly,we review the theory and various empirical measures of economic base. Location Quotient (LQ) iscommonly used in the empirical works in regional economic planning i.e. economic base.Secondly, we point out some shortcomings in LQ as an analytical tool for economic base. Basedon works of Vollrath (1991), Laursen (1998) and Dalumn et al (1998), Wörz (2005), we propose amodified version of LQ, namely symmetric LQ (SLQ), which is suitable for analyzing dynamicspecialization using econometric models. Thirdly, we apply the analytical tool to analyze thedynamics of economic base in the cases of districts in Special Region of Yogyakarta, Indonesia

The Impact of Education on Economic Growth in Indonesia

Does education promote economic growth? The aim of this study is to find out the impact of education on economic growth in Indonesia. This research employed panel datatechnique to investigate the relationship between education and economic growth in Indonesia during the period 1996-2009. The empirical results show that education perworker has a positive and significant impact on economic growth. The estimates of panel model suggest that a 1% increase in average education per worker will lead to about1.56% increase in output. By using instrument analysis, researchers found that Jawa Timur is a province with highest economic growth in Indonesia. In contrast, Bengkuluexperiences the lowest position with the lowest economic growth. The results show us that there are still substantial disparities within the provinces in Indonesia

Applications on Microsoft Access Data Information System in PT. Sarjana Budi Satria

PT. Sarjana Budi Satria was established on October 9, 1991 one of its business is engaged in the provision of information services and dat homestay in Jakarta area. Process information that is still done manually created many obstacles such as statements that are not timely, the contents of the reports are often wrong, the difficulty in updating and manipulation of data outhouse. For it is necessary to establish a database to generate input / output board which facilitates information services. That output include the output data information and output board for the consumer for the company's monthly revenue reports. Inputs include inputs from the outhouse, territories and consumer data

The Trend of the Returns to Educations in Indonesia

This paper describes the rate of return to education in Indonesia. The purpose of this paper was to determine how the trend of return to education from 1993 to 2007. By using Mincer equation, we analyzed return to education in Indonesia with using Indonesia Family Life Survey (IFLS) data collected in 1993, 1997, 2000, and 2007. Mincer specification linked between income and education. Income used in this paper was real income of a person who works. The estimation of the rate of return to education started by separating each year data. Then, it used pool data by adding year variable and multiplication variable between year and education. Estimation was also carried out by comparing between men and women. Further, estimation was divided into two age cohorts, young cohort and old cohort. All the results of estimation indicated a decreasing rate of return, the greatest decrease occurred on men with old cohort

Trade Specialization Indices: Two Competing Models

Revealed Comparative Advantage (RCA) index by Balassa (1965) is intensively applied in empirical studies on countries' comparative advantage or trade specialization.Asymmetric problem in the criteria of RCA index encourages Dalum et al. (1998) and Laursen (1998) to make Revealed Symmetric Comparative Advantage (RSCA) index. Thesetwo indexes are commonly employed in econometric models for analyzing countries' trade specialization. This paper aims to compare theoretically and empirically the twocompeting econometric models, one using RCA and the other using RSCA. The ASEAN countries' comparative advantages are presented for the empirical case studies. Thispaper concludes that RSCA can, to some extent, reduce the “outlier problem” of RCA in the econometric model; therefore, the model using RSCA can be more statistically reliablethan the model using RCA. The two econometric models might not be suitable for forecasting purposes since the estimated values could theoretically violate their criteria ofcomparative advantage and disadvantage. In the cases of ASEAN countries, we find empirically that the model using RSCA is statistically more reliable than the one usingRCA. The ASEAN countries have exhibited de-specialization.JEL classification: F10, F14, F1