INVESTMENT IMPROVEMENT EFFORTS IN THE AGRICULTURAL SECTOR

Fafurida FAFURIDA

Faculty of Economics, Universitas Negeri Semarang, Sekaran Gunungpati, Semarang City, Indonesia

fafurida@mail.unnes.ac.id

Avi Budi SETIAWAN

Faculty of Economics, Universitas Negeri Semarang, Sekaran Gunungpati, Semarang City, Indonesia

avibs@mail.unnes.ac.id

Shanty OKTAVILIA

Faculty of Economics, Universitas Negeri Semarang, Sekaran Gunungpati, Semarang City, Indonesia

oktavilia@mail.unnes.ac.id

Abstract

The agricultural sector in Central Java has great potential and contributes to the third largest GRDP. It can absorb the largest labor force. This sector also has a large impact on other economic sectors. However, investment in the agricultural sector is very small each year. This study aimed to determine the factors that caused low investment in the agricultural sector in Central Java Province, and formulated priority programs in increasing investment in the agricultural sector in Central Java Province. It used quantitative approach with primary and secondary data. The analyses used were regression using the Ordinary Least Square (OLS) and Analytic Hierarchy Process (AHP) estimation methods. The findings of this study indicated that the factors that influenced the low investment in the agricultural sector in Central Java was Gross Regional Domestic Product (GRDP). Labor was the main criterion in increasing investment in the agricultural sector in Central Java Province. The next criteria were the criteria for the availability of land for agriculture, GRDP criteria, and the criteria for credit interest rates. Factors that hinder the strategy of increasing investment in the agricultural sector were infrastructure, low quality of human resources in the agricultural sector, and lack of access to capital. The solutions that can be done are by reducing the conversion of agricultural land, improving the quality of labor in the agricultural sector, and providing easy access to banking capital for farmers.

Keywords: Investment, Agriculture, Strategy, Central Java, Analytic Hierarchy Process.
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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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ESTIMATION OF FACTORS FOR SOCIAL AND ECONOMIC INEQUALITY OF RUSSIA’S TOWNS

Inna  MANAEVA

World Economy Chair –Belgorod State National Research University, Russia, http://www.bsu.edu.ru,

In.manaeva@yandex.ru

Alexandra  KANISHTEVA

World Economy Chair –Belgorod State National Research University, Russia, http://www.bsu.edu.ru,

lack_shadow13@mail.ru

Abstract

At the present-day stage of economics development the issue of productive power arrangement over the Russia’s territory is being intensively researched due to ever growing differentiation of social and economic state of towns. The goal is to identify factors and estimate their impact on the social and economic inequality of Russia’s towns. The key factors under consideration include the size of engaged population, investment in a town budget, population density, density of hard-surface roads, distance along motor roads to the town center.  The factor model is constructed by a least-square method. The authors made use of the data from the Federal State Statistics Service as of 2003, 2009, 2014, the research covered the populated areas having a town status with the population size over 100 thous. people. It has been proven empirically that positive impact on the social and economic inequality of Russia’s towns is the most significant from volume of investments in a town budget and level of transport infrastructure development. Such factor as geographic arrangement of the towns has a noticeable negative influence on the social and economic inequality of towns. However, in the Siberian Federal district,  a factor of distance along motor roads to the nearest major town correlates with the industrial output, thus demonstrating that trade in the towns of this Federal District is aimed at the foreign market.  In Southern, North Caucasian, Ural, Siberian and Far Eastern Federal Districts the inflow of labor resources to a town exceeds demand thereof, thus confirming migration of engaged population to big towns. Research outcomes may be utilized in creation of procedural aids for development of mechanisms to level out interregional inequalities, social and economic development programs of a town.

Keywords: town, social and economic inequality, inequality factors, interregional differentiation, production output, engaged population, investment, salary, density population, least-square method.

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