All countries around the world are dealing the same problem in assuring the sufficiency of food for feeding their people. Indonesia is the biggest agrarian state in South East Asia and the fourth largest state in the world. The challenge faced by Indonesia with a large population is on how food meets the needs of its population, which until now Indonesia has not been able to guarantee the fulfillment of food supply for its population. This study aims to analyze the influence of determinant factors toward Indonesian food security. Binary Logit Model was employed to analyze determinant factors of Indonesian food security. Jonsson and Toole criterion of food security was used to identify Indonesian food security status as dependent variable. This research found that land area, rice production, corn production, soybean production, chicken meat production, beef production, the population density the CPI (Customer Price Index) including the CPI for housing, electricity and gas, the CPI for health, the CPI for transportation and financial services, and FIMI (Food Insecurity Multidimensional Index) have significant influences towards the level of food security in Indonesia. It means that food security could be achieved by not only improving the quantity and quality of consumption, but also improving food supply, the ability to access economically and the stability. Keywords : Binary Logit Model, Indonesian Food Security, Jonsson and Toole INTISARI Saat ini setiap negara di dunia sedang menghadapi kendala yang sama dalam memastikan kecukupan pangan untuk masyarakatnya. Indonesia adalah negara agraris terbesar di Asia Tenggara dan merupakan negara yang memiliki populasi penduduk terbesar ke 4 di dunia. Masalah yang dihadapi Indonesia dengan jumlah penduduk yang besar adalah bagaimana pangan yang tersedia di negara tersebut dapat memenuhi kebutuhan penduduknya akan pangan itu sendiri, dimana sampai saat ini Indonesia belum dapat menjamin seratus persen pemenuhan kebutuhan pangan tersebut dapat tercukupi. Penelitian ini bertujuan untuk mengetahui pengaruh dari beberapa faktor terhadap ketahanan pangan Indonesia. Binary Logit Model digunakan dalam penelitian ini untuk menganalisis faktor-faktor yang berpengaruh terhadap ketahanan pangan Indonesia. Kriteria Jonsson and Toole digunakan untuk menentukan ketahanan pangan sebagai variabel terikat. Hasil dari penelitian ini dengan menggunakan Binary Logit Model diketahui bahwa beberapa variabel seperti luas areal sawah, produksi jagung, 206 Agro Ekonomi Vol. 28/No. 2, Desember 2017 produksi kedelai, produksi daging ayam, produksi daging sapi, kepadatan penduduk, Indeks Harga Konsumen untuk perumahan, listrik, dan gas, Indeks Harga Konsumen untuk kesehatan, Indeks Harga Konsumen untuk transportasi dan jasa keuangan, dan FIMI mempunyai pengaruh signifikan terhadap ketahanan pangan Indonesia. Hal ini menunjukkan bahwa ketahanan pangan tidak hanya dapat diwujudkan dengan meningkatkan kuantitas dan kualitas dalam pemanfaatan pangan, tetapi juga dengan memperbaiki pasokan pangan, kemamp...

According to understand the behavior of Islamic equity markets the primary objective of this research is to analyze the effect of macroeconomic indicators and International Islamic Index on return volatility of Jakarta Islamic Index. The analysis method used in this study is AutoRegressive Conditional Heteroscedastic-Generalized AutoRegressive Conditional Heteroscedastic (ARCH-GARCH). The result of this research showed that all variables, i.e., BI rate, inflation rate, IDR-USD exchange rate, DJIUS index, DJIUK index, FTSJP index and FTSMY index have a simultaneously significant impact on return volatility of JII. While t-test results show that BI rate, IDR-USD exchange rate, DJIUK index and FTSMY index have a substantial effect on return volatility of JII. Abstrak. Untuk memahami perilaku pasar ekuitas Islam, tujuan utama dari penelitian ini adalah untuk menganalisis pengaruh indikator makroekonomi dan Indeks Islam Internasional terhadap volatilitas Indeks Syariah Jakarta. Metode analisis yang digunakan dalam penelitian ini adalah Auto Regressive Conditional Heteroscedastic-Generalized Auto Regressive Conditional Heteroscedastic (ARCH-GARCH). Hasil penelitian menunjukkan bahwa semua variabel yaitu tingkat suku bunga BI, tingkat inflasi, nilai tukar IDR-USD, indeks DJIUS, indeks DJIUK, indeks FTSJP dan indeks FTSMY secara simultan berpengaruh signifikan terhadap volatilitas return JII. Sedangkan hasil uji t menunjukkan bahwa BI rate, kurs IDR-USD, indeks DJIUK dan indeks FTSMY berpengaruh signifikan terhadap volatilitas return JII. Kata kunci: variabel makroekonomi, indeks saham internasional, tingkat pengembalian volatilitasHow to Cite:

Macroeconomic Variables and Its Influence on Performance of Indonesian Islamic Banking. The purpose of this research is to analyze the macroeconomics variables that affect to the performance of Islamic banks in Indonesia. Methods used in this research is the Vector Auto regressive (VAR) / Vector Error correction model (VECM) to see the effect of the shock and the long-term effect on the performance of Islamic Banking. The results show that based on the analysis of IRF, the performance of Islamic banking having short-term shocks to fluctuations in macroeconomics variables but stable in the long term, and based on the variance decomposition, shocks of macro variables only gives little effect on the performance of Islamic banking.

Sharia Stock Responsiveness Analysis Based on Macro Economic Variabels. The objectives of this study are to analyze the stock response because of M2, exchange rate Rupiah to Dollar and Rate of SBI. The data used in this study is monthly time series data from January 2006-May 2012. Those variabels are JII, M2, exchange rate Rupiah to Dollar and Rate of SBI. Research method used in this study is Vector Error Correction Model (VECM). The cointegration test indicates that among research variabels there is long term equilibrium and simultaneous relationship. The Empirical result of Impulse Response show that the effect of SBI discount rate and M2 is negative and the effect of exchange rate is positive. The result on variance decomposition test, show that the most effect of JII shock is influenced by JII itself.

The  purpose  of  this  research  is  to  analyze  the macroeconomics  variables  that  affect  to  the  performance  of  Islamic  banks  in Indonesia. Methods used in this research is the Vector Auto regressive (VAR) / Vector Error correction model (VECM) to see the effect of the shock and the long-term effect on the performance of Islamic Banking. The results show that based on the analysis of IRF, the performance of Islamic banking having short-term shocks to fluctuations in macroeconomics variables but stable in the long term, and based on the variance decomposition, shocks of macro variables only gives little effect on the performance of Islamic banking.DOI:10.15408/aiq.v7i1.1359