Analysis of the Effect of Macroeconomic Variables on Happiness in Indonesia

2021 ◽  
Vol 8 (10) ◽  
pp. 51-57
Author(s):  
Septarina Christin Br Ginting ◽  
Sya’ad Afifuddin ◽  
Rahmanta .

Happiness has become one of the indicators in measuring the level of success of economic development lately. Happiness as an indicator of development success is in line with the new schools of thought in economics, namely economics of happiness and economics of behavior. This happiness indicator is in line with the sustainable development goals driven by the United Nations agency. This study aims to analyze the effect of macroeconomic variables on happiness in Indonesia. The macroeconomic variables are gross regional domestic product per capita, poverty, provincial government expenditures for the education function and for the health function. Happiness data is obtained from the results of a survey of measuring the level of happiness conducted by the Central Statistics Agency which issues a happiness index in 33 provinces in Indonesia. The form of this research is descriptive-quantitative and sourced from secondary data obtained from the publications of the Central Statistics Agency, the Ministry of Education, the Ministry of Health and the National Development Planning Agency. Data analysis uses a panel data regression approach, with serial data in 2014 and 2017 for the number of observations in 33 provinces in Indonesia. The results of the research analysis show: (1) gross regional domestic product per capita has a positive and significant effect on happiness in Indonesia; (2) poverty has a negative and significant effect on happiness in Indonesia; (3) provincial government spending on education function has a positive and significant effect on happiness in Indonesia; (4) provincial government spending on health function has a positive and insignificant effect on happiness in Indonesia. Keywords: Gross Regional Domestic Product per Capita, Poverty, Education Function, .Health Function, Happiness.

2018 ◽  
Vol 1 (1) ◽  
pp. 1-24
Author(s):  
Dedi Junaedi ◽  
Muhammad Rizal Arsyad

Since  independence,  Indonesia   has   experienced  seven   changes   of   national leadership. Starting from  Soekarno, Soeharto, BJ Habibie, Abdurahman Wahid, Megawati, Susilo Bambang Yudhoyono (SBY), to Joko Widodo. During that time, foreign debt is always present to patch the development budget deficit. Debt is expected to move the wheels of the economy, create growth, create jobs, and alleviate poverty. This study aims  to  analyze  the  effect  of  debt, inflation  and  government regime differences on economic growth and poverty levels in Indonesia, from the Old Order era, the New Order, to the Reform Order. The study used  secondary data obtained from Bank Indonesia,  the National  Development  Planning  Agency (Bappenas), the Central  Bureau of Statistics (BPS), the World Bank, and other reference sources such as books, journals and scientific  papers. The data used  are  the value of  foreign debt, national income (Gross Domestic Product / GDP), population,  number and ratio of  the poor, inflation  rate in the period 1949 - 2017. The results  of  multiple  regression analysis  with  dummy variable (using  Eviews 10 application  program) show the  following  results:  Foreign debt has  correlation with  the national economic condition, in particular the value of Indonesian Gross Domestic Product and the level  of poverty. Debt tends to increase the value of GDP and reduce poverty. In terms of debt governance as a driver of the economy and poverty, the Suharto and Habibie Era tend to be different and better than the Sukarno Era. While the debt management of Era Abdurrahman Wahid, Era Megawati, Era SBY and Era Jokowi no different or no better than Era Sukarno. Although  nationally  can increase GDP and reduce poverty, debt can not improve people's prosperity (read per capita income). Foreign debt even tends to reduce the level of welfare of the people. This applies to all government regimes.    


2020 ◽  
Vol 1 (1) ◽  
pp. 1-24
Author(s):  
Dedi Junaedi

Since independence, Indonesia has experienced seven changes of national leadership. Starting from Soekarno, Soeharto, BJ Habibie, Abdurahman Wahid, Megawati, Susilo Bambang Yudhoyono (SBY), to Joko Widodo. During that time, foreign debt is always present to patch the development budget deficit. Debt is expected to move the wheels of the economy, create growth, create jobs, and alleviate poverty. This study aims to analyze the effect of debt, inflation and government regime differences on economic growth and poverty levels in Indonesia, from the Old Order era, the New Order, to the Reform Order. The study used secondary data obtained from Bank Indonesia, the National Development Planning Agency (Bappenas), the Central Bureau of Statistics (BPS), the World Bank, and other reference sources such as books, journals and scientific papers. The data used are the value of foreign debt, national income (Gross Domestic Product / GDP), population, number and ratio of the poor, inflation rate in the period 1949 - 2017. The results of multiple regression analysis with dummy variable (using Eviews 10 application program) show the following results: Foreign debt has correlation with the national economic condition, in particular the value of Indonesian Gross Domestic Product and the level of poverty. Debt tends to increase the value of GDP and reduce poverty. In terms of debt governance as a driver of the economy and poverty, the Suharto and Habibie Era tend to be different and better than the Sukarno Era. While the debt management of Era Abdurrahman Wahid, Era Megawati, Era SBY and Era Jokowi no different or no better than Era Sukarno. Although nationally can increase GDP and reduce poverty, debt can not improve people's prosperity (read per capita income). Foreign debt even tends to reduce the level of welfare of the people. This applies to all government regimes.


2019 ◽  
Vol 2 (1) ◽  
Author(s):  
Izzuddin Latif ◽  
Widayati Widayati

Facilitation of Development Planning is very urgent and vital as an instrument to increase effectiveness in building synergy in terms of regional development in accordance with the mandate of the law on national development planning, namely in accordance with Permendagri Number 86 of 2017. Kendal Regency Facilitation Process by the Central Java provincial government those that have been implemented well will produce legal products that are able to explain the central government's development programs and there will not be problems in the future. The problems of Regional Development Planning, which have been carried out by the Central Java provincial government, are still much sought to be in accordance with the conditions and needs and well implemented in accordance with the laws and regulations, the need for a better solution to avoid future problems ; Time problems that are less effective, and so that scheduling is done in great detail and in a short amount of time, to improve the performance and effectiveness of facilitation. Regarding the issuance of the Minutes is not quite right than the issuance of the Governor's Decree, the Javanese provincial government should be publishing the provisions of the results of facilitation that have been carried out.The Kendal Regency Government also seeks to ask the provincial government to establish a governor's decree so that it can form the basis of the legal umbrella of regional development planning, which is in accordance with the substance of the Minister of Home Affairs Regulation No. 86 of 2017, relating to the Regional Development planning process in Kendal District, which was previously in 2016 has been amended by the new regulation by referring to Permendagri regulation No. 86 of 2017, Kendal District Government seeks to ask the Governor of Central Java as the provincial government to provide facilitation that is in accordance with Kendal Regency characteristics, with reference to the effectiveness of the time given so that the bureaucracy that is built can be effective and efficient.Keywords: Facilitation, Juridical, Regional Development Planning


2019 ◽  
Vol 3 (2) ◽  
pp. 105-116
Author(s):  
Eristian Wibisono ◽  
Amri Amir ◽  
Zulfanetti Zulfanetti

Identification of leading sectors or subsectors is one of the main tasks of the regional government and is an important part of regional development planning before formulating, drafting and establishing a better development policy strategy. The main objective of this research is to analyze and identify subsectors in the manufacturing industry sector that have comparativeness and competitiveness in Jambi Province. Main data of this study are secondary data of districts and cities in Jambi Province during the period 2011–2015 which were sourced from the Central Bureau of Statistics,  and Indonesian Ministry of National Development Planning (Bappenas). Data were analyzed using descriptive and quantitative analysis methods, namely Location Quotient analysis and Shift Share analysis. Results of the study show that the manufacturing industry subsector of Jambi Province which can be classified as comparative and competitive subsector are timber/wood products industry, paper/goods industry, rubber/rubber goods industry, and furniture industry


2018 ◽  
Vol 3 (4) ◽  
pp. 798
Author(s):  
Muhammad Khairil

SEZ (Special Economic Zone) is one of the government's policy programs in national development planning. Reliable and excellent business and investment activities are the main objectives of the Special Economic Zone policy. Promotion strategy in attracting investors interest continue to be enhanced by Palu City Government. The purpose of this research is to know the efforts made by Palu City Government in pushing Palu Special Economic Zone to potential investors. The method used is qualitative method with case study approach. The results of this study indicate the interest to attract investors to do personal selling done by direct communication between the Government of Palu City and Central Sulawesi Provincial Government with potential investors. Finally constructed suggestions for the strategy of promotion of Special Economic Zones to attract potential investors to invest in Special Economic Zones.The contribution of this research is to provide insight on personal selling with potential investors done by the government of Palu and the Central Sulawesi province.


Author(s):  
Nwite Onuma

<div><p>The purpose of this study is to investigate the effect of government underfunding of tertiary education for sustainable national development in Nigeria. Three research questions and two null hypotheses guided the study. The instrument for data collection was a secondary data from Central Bank of Nigeria (CBN) entitled “Value of Educational Growth, Gross Domestic Product, Capital Government Expenditure and Recurrent Government Expenditure in Nigeria, 1990-2013”. The period under-review was chosen for the purpose of comparing funding of education in selected World Bank sampled countries. The researcher adopted Ex-post Facto research design to evaluate government budgetary allocation to education and value of educational growth between 1990 to<strong> </strong>2013. Correlation Martric and Square Regression (r<sup>2</sup>) and t-ratio statistics were used to analyze data collected. The findings showed that the value of educational growth, Gross Domestic Product, Current Government Expenditure and Regression Government Expenditure maintained increased trend and there was a positive relationship with a low productive value on education budget. This showed that expenditure on tertiary education is still below other countries under-review and below UNESCO recommended of 26% of total annual budgetary allocation. This has affected education development and programs of tertiary education in Nigeria. There is need for improved budgetary allocation to education in Nigeria to match other developing countries of Africa for greater attention to tertiary institutions in Nigeria. The study recommends that educational administrators and management of tertiary institutions in Nigeria should mount pressure on the political class to address the state of under-funding of education by government and implement UNESCO recommended 26% of annual budgetary allocation for suitable educational development.    </p></div>


2018 ◽  
Vol 14 (2) ◽  
pp. 151
Author(s):  
Christianto ., Pondaag ◽  
Caroline B. D. Pakasi ◽  
Ribka M. Kumaat

The research was purposed to analysis factors that affecting to land conversion from agriculture to non agriculture at Southeast Minahasa Regency. Variables are in analysis is total population , PDRB capita and total industries. This research was done by used secondary data obtained from Central Statistics Agency of Southeast Minahasa Regency. Secondary data collected are Total population, PDRB per capita and total industries in Southeast Minahasa Regency by times series data. Data analysis is done using multiple linear analysis. The result research showed that only Population which affecting significantly to the decrease the land of agriculture area in Southeast Minahasa Regency. Increasing total population make a demand for the land of residence area continues to increase. That impact on the land of agriculture area was tends to decrease.*jnkd*


Author(s):  
Omar Salim Ali

Aims: This paper studies the determinants of Islamic banking profitability and liquidity in the United Arab Emirates (UAE) and Tanzania. It was comparative study. The study gives empirical comparisons between Islamic banks in United Arab Emirates (UAE) and Tanzania in their performance bases. Study design:   This study covers the samples of five (5) Islamic banks where by two (2) banks from Tanzania that are People Bank of Zanzibar in Islamic branch (PBZIB) and Amana Islamic bank (AIB).  In the side of United Arab Emirates (UAE) three (3) Islamic banks were selected which includes   Dubai Islamic Bank (DIB), First Abu Dhabi Bank (FAD) this is not an IB and Emirates Islamic Bank (EIB).  The study used secondary data of selected variables which employing panel data for the period of ten (10) years from 2010- 2019. Due to data was on panel bases which includes the two independents variables. Methodology: To calculate profitability, the Return on Assets (ROA) was used and in liquidity in IBs deposit ratio (LDR) used to measure the liquidity .The study uses descriptive statistical analysis, correlation, multiple regression analysis for two equations according to settled objectives. The three macroeconomic variables were selected that are Gross Domestic Product per capita (GDP), inflation (INF) and exchange rate (EXCH). An autoregressive distributed lag (ARDL) model was applied because the result becomes mixed in the unit root test. Results: The findings reveal satisfactory evidence that all selected variables are statistical significance in long run relationship except inflation in UAE. The outcomes of the study indicated that selected macroeconomic variables (GDP per capita, Inflation and exchange rates have a major 5% effect on bank profitability and liquidity in Tanzania and the United Arab Emirates. Conclusion: The study therefore recommends the Tanzania Islamic banks should adopt several policies in order to control the liquidity which is very difference like UAE banks.


2020 ◽  
Author(s):  
Farida Rahmawati ◽  
Meirna Nur Intan

Government spending is expected to improve the Human Development Index (HDI) in order to increase public welfare. Theoretically, if the number of government expenditure is increasing then the Human Development Index (HDI) will be higher as well. Based on earlier research, it was found few differences about the result of influence Government spending to Human Index. The purpose of the study was to analyze the influence of government spending and Gross Domestic Product to the Human Development Index of East Java Province (during 2014-2017). The research method using descriptive quantitative approach. Local government expenditures were analyzed by direct local government spending by looking at three aspects namely employees expenditure, spending on goods and services, and capital expenditures. Whereas, for the GDP per capita income is analyzed based on three aspects: production, income, and expenditure. Then the human development index to see the effects of these two variables based on three dimensions that exist in the human development index healthiness dimensions, dimensions of knowledge, and economic dimensions. The results showed that the local government spending income and the GDP per capita income has a significant effect on the human development index. Government spending has a significant influence on the educational dimension, while GDP per capita has a significant effect on the purchasing power of people thus affecting the economic dimension. Keywords: Government spending, Gross Domestic Product, Human Development Index


2017 ◽  
Vol 13 (1) ◽  
pp. 39
Author(s):  
Bambang Suprayitno ◽  
Tejo Nurseto ◽  
Supriyanto Supriyanto

Abstrak: Produktifkah Human Capital Investment oleh Pemerintah Daerah Provinsi dalam Era Desentralisasi? Efektivitas pengeluaran pemerintah khususnya human capital investment dalam meningkatkan produktivitas tenaga kerja juga tergantung dari pemilihan pemda dalam menentukan jenis pengeluaran tersebut. Tujuan dari penelitian ini untuk mengetahui pengaruh pengeluaran belanja pemerintah secara umum maupun secara fungsional terhadap produktivitas tenaga kerja melalui pendekatan kuantitatif dengan metode ekonometrika. Penelitian ini menggunakan data sekunder dari ringkasan APBD pemda seluruh Indonesia yang disediakan oleh Kemenkeu Dirjen Perimbangan Keuangan Daerah RI. Data yang digunakan adalah data tahun 2012 dengan unit analisis perekonomian level provinsi seluruh Indonesia. Pengeluaran pemerintah provinsi secara total tidak mempengaruhi produktivitas tenaga kerja regional. Pengeluaran pemerintah daerah provinsi dalam fungsi human capital investment tidak efektif meningkatkan produktivitas tenaga kerja meski demikian pengeluaran pemerintah dalam bidang fasilitas umum dan perumahan mempengaruhi secara positif produktivitas tenaga kerja regionalnya. Kata Kunci: pemerintah daerah, human capital investment, produktivitas tenaga kerja, desentralisasi fiskal, pengeluaran pemerintah Abstract: Is The Human Capital Investment of Provincial Governments Productive in Decentralization Era? The effectiveness of government spending, especially investment in human capital, increases labor productivity also depends on how the local government determines the type of expenditure. The purpose of this study is to determine the effect of government spending in general and functionally to labor productivity. The approach used in this study is a quantitative approach, econometric method. This study uses secondary data from local government budgets across Indonesia summary provided by the Indonesian Ministry of Finance Directorate General of Regional Financial Balance. The data used is the provincial-level economic analysis units throughout Indonesia in 2012. This research shows that provincial government spending in human capital investment does not effectively increase labor productivity. Total provincial government spending does not affect the regional labor productivity. Government spending in the areas of public facilities and housing positively influence regional labor productivity. Keywords: local government, human capital investment, labor productivity, fiscal decentralization, public spending


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