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"The purpose of this study is to select the management zone to avoid the deterioration of environmental goods, by conducting comparative value of the economic benefits of conservation between management focused on the monument that pay attention only to the entire ecosystem of Borobudur Regions. Two hundred tourists who came to Borobudur or Iogjakarta were obtained as samples. Data were collected using interviews with structured questionnaire. Afterward, we used contingent valuafion method (CVM) to calculate the value of the economic benefits and we measured the total value of the individual consumer's willingness to conserve the heritage under several scenarios of hypothetical market. The results testify that the value of the economic benefits of Borobudur area conservation reached US$42 billion per annum or around IDR40.1 trillion. This value reflects that the area of Borobudur is important to be preserved. Such values can be operationally useful when planning and management have been conducted comprehensively. The implication of this is that government should form_a new governing body that is integrated in one management, holistic, involving multi-stakeholders both central and local governments and local communities. Organizations like these need to be run with the principle of shared responsibility and independence in financial. Therefore, as a World Heritage icon, the vision of the management of Borobudur area was needed to experience metamorphosis, from initially focus on short-term profits through increased tourism market, shifted to the achievement of long-term prosperity based conservation and education."

"This research aims to explore quantified of monetary use value of food quality in the context of food security. Data were obtained from interviews towards 561 people of rural area in regency of Sleman, Bantul, Kulon Progo and Gunungkidul which are all in Yogyakarta Special Province or Daerah Istimewa Yogyakarta (DIY). This research uses close-ended contingent valuation method (CVM). The result points out that the public willingness to pay for better food quality is high. Thus, the public loss which is caused by poor management of food security policy will be very high in financial term."

"AbstractA civil servant selection attributes transaction cost. Aim of this conceptual paper is to explain behavior of transaction cost payment from perspective theory of the rationale of economics. This study was conducted by understanding various theories regarding a phenomena of transaction cost payment. This study revealed transaction cost payment as typical self interest and utility maximization (neo-classic rationality), to behave as Al-Nafs Al-Ammarah (Islamic rationality). The transaction cost payment was encouraged by perception, understanding and prior experiences (Keynes rationality), environment (psychology rationality). However, there was a limited scope of information for transaction cost payment (bounded rationality). AbstrakSeleksi pegawai negeri sering kali memunculkan biaya transaksi. Tujuan dari artikel konseptual ini adalah menjelaskan perilaku membayar biaya transaksi tersebut dalam perspektif teori rasionalitas ilmu ekonomi. Studi dilakukan dengan memaknai berbagai perdebatan teori rasionalitas dan menghubungkannya dengan fenomena membayar biaya transaksi. Hasil studi menunjukkan membayar biaya transaksi sebagai bentuk self interest dan maksimalisasi utilitas (rasionalitas neo-klasik), sebagai perilaku Al-Nafs Al-Ammarah (rasionalitas Islam). Membayar biaya transaksi juga dibentuk oleh persepsi, pemahaman, dan pengalaman perilaku sebelumnya (rasionalitas Keynes), lingkungan (rasionalitas sosiologi), dan kepribadian (rasionalitas psikologis). Di samping itu, terdapat keterbatasan informasi dalam membayar biaya transaksi tersebut (bounded rationality)."

"AbstractThe stable fluctuation of Rp against the US$ during the free floating exchange rate regime in 2002-2007 raises the existence of fear of floating exchange rate phenomenon in Indonesia. The GARCH method is use to verify this phenomenon. Moreover, Time Varying Parameter and Error Correction Mechanism method shows the economic reason behind the Monetary Authoritys response in stabilizing rupiah. Depreciation and increasing volatility of Rupiah raises ination and bank Non-Performing Loans, while appreciation and increasing volatility of Rupiah, reduce the net export. Furthermore, Vector Autoregressive confirms the Monetary Authority respond to exchange rate shock through the interest rate policy for four months and through the foreign reserves policy for two months."

"Sustainability of System of Rice Intensication (SRI) requires rural institution role. The study was conducted in Karawang and uses institutional economics approach and logit regression. The analysis shows potential problems of SRI related with principal-agent/institutional relation and economics transaction costs. Strengthening the activities within farmer groups will reduce economics transaction costs in beginning of application. Farmer will choose "bagi hasil/revenue sharing" as land management cooperation with moderate risks and transaction costs. Monitoring and incentive mechanism will reduce problems of adverse selection and moral hazard. Some factors which determine the sustainability of SRI are production, principal position, off farm work and ex ante transaction costs.

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Keberlanjutan penerapan metode System of Rice Intensication (SRI) membutuhkan peran kelembagaan perdesaan. Studi dilakukan di Kabupaten Karawang dan menggunakan pendekatan kelembagaan ekonomi dan regresi logit. Hasil analisis menunjukkan potensi problem metode SRI terkait hubungan kelembagaan principal-agent dan biaya transaksi ekonomi. Penguatan kinerja kelembagaan perdesaan melalui kegiatan bersama dalam kelompok tani mengurangi biaya transaksi ekonomi pada awal aplikasi SRI. Pilihan kerja sama pengelolaan lahan pola bagi hasil banyak dipilih terkait risiko dan biaya transaksi yang moderat. Potensi masalah berupa moral hazard dan adverse selection dapat dikurangi dengan pemantauan dan mekanisme insentif. Faktor determinan keberlanjutan penerapan metode SRI adalah peningkatan produksi padi, posisi sebagai pemilik lahan, pekerjaan di luar usaha tani, dan biaya transaksi sebelum pelaksanaan."

"This article discusses the indirect roles of urban economy to the national economy through its property and land market. Some national economic instruments have inevitable effects on the local variables, making the concept of regional autonomy limited. The level of interest rates is determined by the central bank, which has a strong nationwide effects, influencing the valuation of property and land, namely in the urbanized areas. One of the main concerns of many people and both local and national governments in the urbanized area is on housing. How should the national policies and local policies be harmonized so that the lower households could afford decent shelters for their families? And how should the policies on the property sectors with its interrelation to the banking system be remedied in order to avoid its negative impacts to the national economy. As is well known, the land and property sector largely depend on local policies."

"AbstractWest Java province's junior secondary school enrollment rate is still below the Millenium Development Goal of universal primary education by 2015. Panel data of 26 districts in West Java, Indonesia, was used to analyze the determinant factors of junior secondary school enrollment rate. The study shows that GRDP per capita and education level of the household head positively infuence junior secondary enrollment rate, in contrast poverty rate and number of child labour had negative impact. This study suggests that government should increase local revenue to enable the people to have sufficient income for attending school, especially for the poor. The government is also expected to increase the availability of schools.AbstrakCapaian Angka Partisipasi Sekolah (APS) SMP Provinsi Jawa Barat yang masih rendah menunjukkan belum tercapainya tujuan MDGs tahun 2015 tentang pendidikan dasar. Dengan menggunakan analisis regresi data panel 26 kabupaten/kota di Jawa Barat tahun 2007-2011, studi ini menemukan bahwa faktor yang menjadi determinan APS SMP adalah PDRB per kapita dan pendidikan orang tua. Adapun kemiskinan dan partisipasi kerja anak usia 13-15 tahun akan mengurangi partisipasi sekolah. Oleh karena itu, untuk meningkatkan partisipasi sekolah SMP, terutama anak dari keluarga miskin, selain peningkatan anggaran pendidikan untuk mendukung partisipasi sekolah (beasiswa dan ketersediaan/fasilitas sekolah), hal itu juga harus didukung dengan penurunan tingkat kemiskinan. Selain itu, peningkatan anggaran pendidikan lebih pro-masyarakat miskin dengan meningkatkan ketersediaan sekolah."