scholarly journals ANALISIS DISHARMONISASI ANTARA ASSET FINANCING SERTA KEBIJAKAN PENGELOLAAN INDUSTRI PERTAMBANGAN TERHADAP PDRB DI PROVINSI LAMPUNG

2021 ◽  
Vol 8 (1) ◽  
pp. 1
Author(s):  
Suwarto Suwarto ◽  
Ardiansyah Japlani ◽  
Abi Melin Monaitaria
Keyword(s):  
Economic Growth ◽  
Random Effect ◽  
Mining Industry ◽  
Management Policy ◽  
Working Capital ◽  
Independent Variables ◽  
Capital Financing ◽  
Management Policies ◽  
Financing And Investment ◽  
The Impact

ABSTRAK Dalam rangka memanfaatkan kekayaan sumber daya alam tentunya diperlukan modal sebagai modal khususnya dari perbankan melalui asset financing. Penelitian ini bertujuan untuk mengetahui dan menganalisis. analisis disharmonisasi antara asset financing, kebijakan pengelolaan industri pertambangan terhadap PDRB di Lampung. Pembiayaan modal kerja dan pembiayaan investasi digunakan sebagai variabel independen. Sedangkan, dampak kebijakan kebijakan pengelolaan industri pertambangan menggunakan variabel dummy. Variabel independen dan variabel dummy tersebut dihubungkan dengan variabel dependen yaitu PDRB menggunakan metode regresi data panel dengan model Random Effect(REM) di Lampung. Hasil penelitian menunjukkan bahwa asset financing berpengaruh positif terhadap pertumbuhan ekonomi di Lampung, namun hanya pembiayaan modal kerja yang berpengaruh signifikan. Sementara itu, kebijakan kebijakan pengelolaan industri pertambangan terbukti memberikan pengaruh positif dan signifikan terhadap pertumbuhan ekonomi Lampung. Hasil penelitian ini diharapkan dapat bermanfaat bagi industri, pemerintah maupun regulator sebagai bahan evaluasi mengenai pengaruh asset financing dan kebijakan pengelolaan industri pertambangan terhadap PDRB provinsi Lampung. Kata kunci: Asset Financing, Kebijakan Pengelolaan Industri, PDRB, Lampung  ABSTRACT In order to utilize the wealth of natural resources, of course, capital is needed as capital, especially from banks through asset financing. This study aims to determine and analyze. analysis of disharmony between asset financing, mining industry management policies against GDP in Lampung. Working capital financing and investment financing are used as independent variables. Meanwhile, the impact of the mining industry management policy uses a dummy variable. The independent variables and dummy variables are associated with the dependent variable, namely GRDP using the panel data regression method with the Random Effect (REM) model in Lampung. The results showed that asset financing had a positive effect on economic growth in Lampung, but only working capital financing had a significant effect. Meanwhile, the mining industry management policy has proven to have a positive and significant impact on Lampung's economic growth. The results of this study are expected to be useful for industry, government and regulators as an evaluation of the effect of asset financing and mining industry management policies on PDRB in Lampung province. Keywords: Asset Financing, Industrial Management Policy, GRDP, Lampung

scholarly journals Pengaruh Pembiayaan Berdasarkan Jenis Penggunaan Terhadap Non Performing Financing Pada Bank Umum Syariah (BUS) Dan Unit Usaha Syariah (UUS) Di Indonesia Periode Januari 2009 – Desember 2015

2017 ◽  
Vol 3 (12) ◽  
pp. 1006
Author(s):  
Diah Ayu Legowati ◽  
Ari Prasetyo
Keyword(s):  
Financial Services ◽  
Quantitative Methods ◽  
Secondary Data ◽  
Islamic Banking ◽  
Working Capital ◽  
Significance Level ◽  
Investment Financing ◽  
Capital Financing ◽  
Financing And Investment ◽  
The Impact

The purpose of this research was to analyze the impact of working capital financing, investment financing and consumption financing on Non Performing Financing of Islamic Banking Industry in Indonesia from January 2009 until December 2015. This research using a quantitative methods. The data used are the secondary data from Financial Services Authority official website. The analytical methods used in this research is the method of multiple linear regression with a significance level of 0,05. Based on the analysis, working capital financing and investment financing partially provide a significant impact on the ratio of non performing financing. Only consumption did not significantly affect the ratio of non performing financing. However, working capital financing, investment financing and consumption financing are simultaneously provide a significant impact on the ratio of non performing financing.

scholarly journals Contribution of Islamic Commercial Bank Financing to East Java Economic Growth in the Era of Branchless Banking

2021 ◽  
Vol 5 (1) ◽  
pp. 1-12
Author(s):  
Muhammad Anif Afandi
Keyword(s):  
Economic Growth ◽  
Positive Impact ◽  
Least Square ◽  
Working Capital ◽  
Ordinary Least Square ◽  
Independent Variables ◽  
Dummy Variable ◽  
Analysis Technique ◽  
Significant Difference ◽  
Capital Financing

This study aims to determine and analyze the contribution of Islamic Commercial Bank’s (BUS) financing to the economic growth of East Java Province in the era of branchless banking. Three types of financing channeled by the BUS namely working capital financing, investment and consumption are used as the independent variables tested each effect on the dependent variable which is economic growth in East Java with a proxy of GDRP in the period of the quarter-I 2010 to quarter-I 2020. Ordinary Least Square (OLS) with dummy variable of branchless banking (0 = before the implementation of the branchless banking program (before November 2014) and 1 = after the implementation of the branchless banking program (after November 2014) is used as data analysis technique with the results of the study show that only consumer financing that have a positive and significant impact on economic growth of East Java. Whereas, the productive financing known to have positive impact but not significant toward the economic growth of East Java. Meanwhile, the branchless banking program known to give the positive and significant difference impact on economic growth in East Java compared to economic growth prior to the enactment of it. The results of this study beneficial for both the BUS and the regulator as an evaluation of the level of inclusiveness of the BUS’s financing to economic growth and the implementation of branchless banking in Islamic bank.

scholarly journals An Empirical Study on the Effect of Agricultural Infrastructure Investment on Economic Growth

2021 ◽  
Vol 275 ◽  
pp. 01004
Author(s):  
Liu Ran
Keyword(s):  
Economic Growth ◽  
Industrial Structure ◽  
Random Effect ◽  
Random Effect Model ◽  
Infrastructure Investment ◽  
National Bureau ◽  
Agricultural Field ◽  
Effect Model ◽  
New Development ◽  
The Impact

In this paper, using the panel data of the National Bureau of Statistics database from 2010 to 2019, and using the random effect model, we studied the impact of agricultural infrastructure investment on economic growth. The empirical results show that the investment in agricultural infrastructure can significantly improve the national economy, among which the investment in new infrastructure promotes the economic growth to a certain extent. After comparing the eastern, central and western regions, it is found that the investment in agricultural infrastructure in the western region contributes more to the economic growth, and the statistical results are more significant. Based on the analysis of the role of agricultural infrastructure investment in promoting economic growth, this paper will further discuss the relevant suggestions of the “two new and one heavy” policy in the agricultural field, and promote the adjustment of agricultural industrial structure with the improvement of agricultural infrastructure, and promote the formation of a new development pattern of “double circulation”.

scholarly journals Pengaruh NPF, FDR, CAR dan Inflasi terhadap Penyaluran Pembiayaan Modal Kerja pada BPRS di Indonesia

2020 ◽  
Vol 1 (1) ◽  
pp. 137-151
Author(s):  
Hasna Rohmatunnisa ◽  
Leni Nur Pratiwi
Keyword(s):  
Analysis Data ◽  
Capital Adequacy ◽  
Analysis Method ◽  
Working Capital ◽  
Financial Service Authority ◽  
Linear Effect ◽  
Independent Variables ◽  
Capital Adequacy Ratio ◽  
Capital Financing ◽  
Linear Effects

This research aims to analyze how the independent variables of Non Performing Financing, Financing  to Deposit Ratio, Capital Adequacy Ratio, and Inflation impact for the Distribution of Working Capital Financing. Data analysis method is multiple regression analysis, data obtained by monthly reports from Islamic Banking Statistics which published by Indonesia Financial Service Authority  (OJK) and Inflation data which published by Indonesia Bank period Jan 2014 until Dec 2018 with the total of 58 data samples. The result of this research shows that Non Performing Financing (NPF) has a significant positif  linear effect on Working Capital Financing, Financing to Deposit Ratio (FDR) and Capital Adequacy Ratio (CAR) have significant negative linear effects on Working Capital Financing, while Inflasi had no effect on Working Capital Financing. Concurrently, all the variables have significant effects on Working Capital Financing.

scholarly journals The Impact of Forest Management Restrictions on Aspen Harvest Levels and Forest Structure in Itasca County, Minnesota

1999 ◽  
Vol 16 (4) ◽  
pp. 177-184
Author(s):  
Joan M. Nichols ◽  
Dietmar W. Rose ◽  
Syed A. Husain
Keyword(s):  
Forest Structure ◽  
Management Policy ◽  
Forest Composition ◽  
Timber Supply ◽  
Trade Offs ◽  
Long Run ◽  
Spatial Attributes ◽  
Management Policies ◽  
The Impact ◽  
Selection Of

Abstract Potential management policies of the Minnesota Department of Natural Resources (MDNR) designed to enhance nontimber values were examined to estimate their impact on permissible harvest levels, forest composition and spatial attributes of aspen in Itasca County, Minnesota. An allowable cut equal to the Long Run Sustained Yield (LRSY) was estimated and used as the target harvest level for each management policy. Results were analyzed in a number of ways including Geographic Information Systems (GIS). The study illustrates that the selection of specific management policies can have significant impacts on timber supply as well as forest structures. Therefore, any suggested policy should always be reviewed for its potential impacts and associated trade-offs before implementation. North. J. Appl. For. 16(4):177-184.

Working Capital Financing, Firm Performance and Financial Flexibility: Evidence from Indian Hospitality Firms

2020 ◽  
pp. 097215092096137
Author(s):  
Nufazil Altaf
Keyword(s):  
Firm Performance ◽  
Method Of Moment ◽  
Working Capital ◽  
Short Term ◽  
Financial Flexibility ◽  
Negative Effect ◽  
Capital Financing ◽  
Hospitality Firms ◽  
Break Even Point ◽  
The Impact

This article examines the relationship between working capital financing and firm performance for a sample of 185 Indian hospitality firms. In addition, this study examines the impact of financial flexibility on working capital financing performance relationship for a period of 10 years. This study employs two-step generalized method of moment (GMM) techniques to arrive at results. Results of the study confirm the inverted U-shaped relationship between working capital financing and firm performance with optimal break-even point, beyond which short-term debt financing has a negative effect on performance at 0.54. In addition, we found that firms likely to be more financially flexible can finance a greater proportion of working capital using short-term debt, since break-even point turns out to be high for firms likely to be more financially flexible. The study is expected to extend the existing debate on working capital management by using the sample of Indian Hospitality firms for analysing the above-mentioned relationships.

scholarly journals The impact of credits to the private sector and FDI on the economic growth in ASEAN

2020 ◽  
Vol 3 (4) ◽  
pp. 343-351
Author(s):  
Dang Van Cuong
Keyword(s):  
Economic Growth ◽  
Private Sector ◽  
Negative Impact ◽  
Positive Impact ◽  
Random Effect ◽  
Estimation Method ◽  
Least Square ◽  
Fdi Inflows ◽  
Asean Countries ◽  
The Impact

The paper examines the impact of credits to private sector and foreign direct investment (FDI) flows on the economic growth of ASEAN countries in the period 1995-2017. The paper also validates the capital spread of FDI inflows to economic growth through credits to private sector. Using fixed effect estimation method (FEM), random effect (REM) and generalized least square (GLS) for panel data, we found that FDI inflows are positvely correlated with the economic growth of the ASEAN countries. This once again confirms the role of FDI in promoting the economic growth as evidenced in previous studies. Meanwhile, credits to private sector exert a negative impact on the economic growth in these countries which is an interesting finding given that few studies yield a similar result. To assess the spillover effect of FDI to growth through credits to private sector, we augment our model with a variable that reflects the interaction between credits to private sector and FDI. This variable is negative and statistically significant, suggesting that FDI is yet to show its positive impact on growth through spreading capital to credits to privatte sector.

scholarly journals Economic and Mathematical Modeling of the Direct Effects of Large-Scale Infrastructure Projects on Developing Territories

2019 ◽  
pp. 78-89
Author(s):  
Olga Patrakeeva
Keyword(s):  
Economic Growth ◽  
Simulation Model ◽  
Large Scale ◽  
System Analysis ◽  
Distribution Functions ◽  
Management Policy ◽  
Infrastructure Projects ◽  
Railway Transport ◽  
Krasnodar Krai ◽  
The Impact

The problem of assessing the effects of infrastructure projects for territories is debatable. Modeling experience has been accumulated today, and elaborated macroeconomic models allow to identify causal relationships between the indicators of transport development and economic growth. The goal of this article is to define a simulation model of assessing the impact of transport projects on the economic growth of Krasnodar Krai exemplified by the Crimean Bridge project. The solution of this scientific problem requires taking into account different factors and complicated interrelationships within the framework of the regional social and economic system under consideration, using methods of system analysis and tools of economic and mathematical simulation. The simulation model reflects the scenario parameters of the capital management policy, highway transport freight turnover, highway transport freight turnover directly connected with the construction of Kerch Straight Bridge, carriage of goods by railway transport, carriage of goods by railway transport directly connected with the construction of Kerch Straight Bridge. The interrelations of this model’s parameters are established by the econometrics methods. In accordance with the produced scenarios the expected median values of the additional increment of the Krasnodar Krai GRP due to the increment of transportation associated with the Crimean Bridge operation are in the range between 0.97 % and 1.1 %. The most conservative scenario presumes the median value of 0.97 % and lower limit of 0.8 %. This tool can be used to assess the direct effect of railway and road construction for other Russian regions. The proposed simulation model will be further expanded by including further distribution functions of scenario variables and additional structural relationships.

scholarly journals The impact of the national tourism system on the economic growth in Ukraine

2019 ◽  
Vol 17 (4) ◽  
pp. 93-103 ◽  
Author(s):  
Anatoliy Mazaraki ◽  
Margaryta Boiko ◽  
Alla Okhrimenko ◽  
Svitlana Melnychenko ◽  
Tetiana Zubko
Keyword(s):  
Economic Growth ◽  
Statistical Data ◽  
Least Square ◽  
International Tourism ◽  
Analysis Model ◽  
Huge Amount ◽  
Factor Analysis Model ◽  
Independent Variables ◽  
Economic Decisions ◽  
The Impact

The paper aims at analyzing the impact of tourism on the economic growth in Ukraine considering its global significance and dynamic development. Tourism should be considered not as a separate phenomenon, but as a complex socio-economic-ecological system, i.e. the national tourism system (NTS). The study attempts to reveal the nature and determinants of the national tourism system impact on economic growth, and also empirically substantiates this in the Ukrainian context. Since the economic decisions require a huge amount of information and different models, a multivariate least square model has been proposed to determine the causal links between NTS and economic growth. The paper also presents the economic parameters such as Ukrainian GDP as a dependent variable, volume of domestic tourism consumption, income from international passenger carriage, international tourism expenditures in the country, the volume of services provided in temporary accommodation and catering establishments, and country’s income from NTS as independent variables. The paper is based on the 2000–2017 statistical data. It concludes that the increase of total NTS contribution to GDP is influenced by all considered factors except the international tourism expenditures in the country. A proposed econometric factor analysis model can be used as a tool to analyze and forecast the socio-economic NTS processes. The hypothesis of the NTS`s impact on economic growth is substantiated.

Does Working Capital Management Affect the Profitability? A Case of Pakistani Manufacturing Firms

2013 ◽  
Vol 8 (4) ◽  
pp. 327-344
Author(s):  
Nisar Ahmad ◽  
Parvez Azim ◽  
Jamshaid ur Rehman
Keyword(s):  
Stock Exchange ◽  
Random Effect ◽  
Manufacturing Firms ◽  
Capital Management ◽  
Working Capital ◽  
Working Capital Management ◽  
Conservative Strategy ◽  
Management Policies ◽  
Random Effect Models ◽  
Positive Effect

This study investigates the effect of working capital management on profitability of 148 diverse manufacturing firms listed on Karachi Stock Exchange, Pakistan for the period January 2006 to December 2011. The fixed effect and random effect models results revealed that firms’ aggressive strategy of financing negatively affect the profitability. Moreover, tight credit policy, efficiency of stock-in-trade management, early payment policy and conservative strategy of investment in current assets are found to have significant positive effect on profitability of firms. Findings of the study suggested that profitability of firms can be improved by devising optimal working capital management policies and also emphasized the investigation of factors that must be considered by management while formulating appropriate working capital management policies.

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