Effect of Selected Economic Sectors on Poverty

This study analyzes the effect of socio-economic and demographic characteristics on poverty levels in Aceh Province in the short and long run. Socio-economic characteristics are represented by factors of income per capita, open unemployment rate, and cigarette consumption. While the demographic characteristics are represented by the dependency ratio factor. This study uses panel data from 23 districts/cities in Aceh Province for the 2010-2019 period and the analysis model used is the Autoregressive Distributed Lag (ARDL) panel model. The results found in this study are the dependency ratio factor, cigarette consumption, and the open unemployment rate have a significant effect in the long run on the percentage of poor people. Meanwhile, the significant factors in the short run are the dependency ratio and the open unemployment rate.

Section: Introductionmentioning

confidence: 99%

Determinants of Socio Economic and Demographic Characteristics of Poverty in Aceh Province

Wintara

Masbar

Suriani

2021

“…Therefore, it is necessary to reduce poverty so that income inequality among the community is lower. There are several studies related to the relationship between poverty and income inequality, which have two different directions, namely a positive relationship and a negative relationship (Pusra et al, 2021).…”

Section: Povertymentioning

confidence: 99%

“…Economic growth without being accompanied by a decrease in disparity will enlarge the gap between one group and another in society, as well as when economic development without being accompanied by economic growth will increase the poverty rate. Therefore, the benchmark for the success of economic development in an area is seen from its economic growth, poverty level, human development and income inequality (Idowu and Adeneye, 2017;Sukono et al, 2020;Pusra et al, 2021). One of the causes of income disparity is rampant poverty, increasing population distribution, low economic growth, and difficulty in accessing various services, such as education and health.…”

Section: Introductionmentioning

confidence: 99%

The Effect Of Zakat On Income Disparity In Aceh Province

Fadliansah

Suriani²,

Gunawan³

2021

This study analyzes the effect of zakat funds, human development index, Gross Domestic Product, and poverty on income inequality in 21 districts/cities in Aceh Province. This study uses panel data from 21 districts/cities in Aceh Province for the 2010-2019 period. The results found the regression coefficient of zakat funds have a positive relationship with a significance level of 0.08, which means that an increase in zakat funds of 1 % will increase income inequality by 0.011 points. Then the human development index variable has a negative effect with a significant level of income inequality of 0.000, which means that each human development index increases by 1 %, it will reduce income inequality by 0.12 points. Furthermore, the poverty variable that can describe the role of income inequality, the results obtained have no effect on income inequality in 21 districts/cities of Aceh Province during the study period. Then the last variable is Gross Domestic Product which has a negative relationship with a significance level of 0.0049 on income inequality in 21 districts/cities in Aceh Province during the study period. The resulting regression coefficient is 0.011 %, which means that when the Gross Regional Domestic Product increases by 1 %, it will reduce income inequality by 0.011 points.

“…Ordinary Least Square (OLS) approach is used to determine whether rainfall, palm oil prices and the price index received by farmers (plantation sub-sector) affect cooking oil prices in Aceh Province from January 2016 to December 2020 period. The regression equation is written as follows (Pusra et al, 2021)…”

Section: Determinants Of Cooking Oil Price Fluctuationmentioning

confidence: 99%

Determinants of Price Fluctuation for Cooking Oil Commodity in Aceh Province, Indonesia

Putra¹,

Seftarita²,

Suriani³

2021

Self Cite

Aceh Province is still one of the regions in Indonesia whose primary commodities are still largely dependent on other regions that can cause uncontrolled fluctuations in the price especially cooking oil product. One step to overcome these problems is to make accurate price fluctuation predictions so preventive actions can be taken to minimize error estimation of these fluctuations so appropriate policies can be applied. This study focuses on analyzing of forecasting fluctuations in cooking oil prices and the influence of its determinants in the Aceh Province, Indonesia. Price forecasting uses the Autoregressive Integrated Moving Average (ARIMA) approach and determinant estimation uses the Ordinary Least Square (OLS) method. The data used in this study is time-series monthly data from January 2016 to December 2020 from Statistics Indonesia publication. The results of price forecasting show that the monthly price of cooking oil for 2021 and 2022 tends to increase. In early 2021, it is predicted that the price of cooking oil will be in the range of IDR14,500/kg and at the end of the year and early 2022 it is predicted to touch the price range of IDR15,500/kg. Then at the end of 2022 it is predicted that the price of cooking oil will reach IDR17,000/kg. Furthermore, the results of the econometric estimation show that all of the variable determinants have a significant effect on cooking oil prices fluctuations. The variable price of raw materials and the price index received by farmers were found to have a positive effect, while the rainfall variable was found to have a negative effect on cooking oil price fluctuation. According to these findings, it is hoped that the Aceh Provincial Government will be able to take strategic policies on the predicted prices and determinant of variables that have been proven to have a significant effect on cooking oil prices so in the future price fluctuations can be more stable and supply of goods can be maintained, as well as increase the competitiveness of provincial agricultural products.