Month: June 2019

ON THE ISSUE OF EFFECTIVE ECONOMIC POLICY IN REGION UNDER LEASING

Daniya A. PLESHANOVA

Postgraduate student of department of economic theory. Volga State University of Technology,  Russia, Yoshkar-Ola

fup@volgatech.net

Tatiana V. YALYALIEVA

Candidate of Economic Sciences, e Professor of the Department of Management and Law, Volga State University of Technology, Russia, Yoshkar-Ola

yal05@mail.ru

Abstract

In the case of Mari El Republic the issues of creating an effective leasing policy in the region are revealed.  The economic indicators are identified and can indirectly determine the effectiveness of leasing and its impact on regional economic development.  Under certain indicators in financial statements of AO “Rosagroleasing” lessees it was conducted an analysis of companies, successfully acquiring property in leasing and the enterprises without effective dispose of leasing property.  For the identification of shortcomings, it was proposed to conduct a series of the activities that could improve leasing business in region and the influence on growth of the economic potential in Mari El Republic.

Keywords: Leasing, investment, regional development, investment policy and leasing in the agriculture

JEL classification: R11, O1, O2, H83
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GREEN OPEN SPACE IN URBAN AREAS: A CASE IN THE GOVERNMENT OFFICE OF BOYOLALI, INDONESIA

Fatma Nugrahaning NASTITI

Researcher in Faculty of Geography, Universitas Gadjah Mada, Indonesia

fatmanugrahaning@gmail.com

Sri Rum GIYARSIH

Lecturer in Faculty of Geography, Universitas Gadjah Mada, Indonesia

srirum@ugm.ac.id

Abstract

Green open space has a necessary environmental role especially in urban areas where the demand for built-up land increases persistently. Its significance also applies to the integrated government office complex of Boyolali Regency. This research aimed to analyze the available and required green open space in the complex using a survey method, as well as aerial photo interpretation and field observation for data acquisition. The data was then analyzed to identify the available green open space by type, as classified in Act No. 26/2007 and the Regulation of the Ministry of Public Works No. 5/2008, and the required green open space using the Gerarkis method. This research also employed in-depth interviews with several key informants to sharpen the analysis. The results showed that the area of the office complex was 21.7 ha and the available green open space was 10.4 ha, which is larger than the recommended 30% of the total area. This research also found that the required green open space according to the oxygen need in the office complex was 0.006355 ha. Therefore, the available green open space has already met not only the legal requirement but also the oxygen need.

Keywords: availability, need, offices complex, urban green open space

JEL classification: O18, O20
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DO EXPORTS OF OIL AND GAS STILL MATTER FOR REGIONAL ECONOMIC GROWTH OF SUMATRA, INDONESIA?

Saiful HURRI

Ph.D. Scholar in Economics, Faculty of Economics and Business, Universitas Syiah Kuala and Senior Lecturer, Universitas AlMuslim, Bireuen, Indonesia

saifulhurri3@gmail.com

Said MUHAMMAD

Professor, Faculty of Economics and Business, Universitas Syiah Kuala, Indonesia

said@unsyiah.ac.id

Abd. JAMAL

Senior Lecturer, Faculty of Economics and Business, Universitas Syiah Kuala, Indonesia

abdjamal@unsyiah.ac.id

M. Shabri Abd. MAJID*

Senior Lecturer, Faculty of Economics and Business, Universitas Syiah Kuala, Indonesia

mshabri@unsyiah.ac.id

*Corresponding author

Abstract

Although Indonesia ranks as the world’s 17th oil and 6th gas producing country, but its production level has been slowly declining since the last few decades. Amidst the decline of oil and gas production, thus it is important to explore how this impacts the regional economic growth. Specifically, this study attempts to empirically examine the impact of oil and gas and non-oil and gas exports on the regional economic growth of Sumatra, Indonesia over the period 2008-2017 using the generalized method of moments (GMM) approach. The study found that oil and gas exports were no longer contributed positively to regional economic growth. On the other hand, non-oil and gas exports have positively contributed to regional economic growth. This implies that to further promote the growth of the regional economy the focus should be given on the expansion, value-added creation and diversification of non-oil and gas commodities.

Keywords: Regional economic growth, Oil and gas sector, Non-oil and gas sector, GMM, Sumatra.

JEL classification: C32, F43, O11
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