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The Impact of the Institution on Economic Growth: An Evidence from ASEAN Vita Kartika Sari; Dwi Prastyani
Jurnal Ekonomi Pembangunan Vol. 19 No. 1 (2021): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v19i1.12793

Abstract

The ideal community life structure has a strong institutional level. Economists agree on the institution as an important factor in creating economic growth. The purpose of this study was to investigate the influence of institutional factors on economic growth in ASEAN. Institutional variables include political stability, voice and accountability, government effectiveness, regulatory quality, rule of law, and control of corruption, while economic variables include exports and imports. This study utilized panel data estimation on 10 countries in ASEAN during 2002-2018. The fixed effect model was the best estimation model. The findings show that there are three keys of institutions that had a significant influence on per capita GDP on ASEAN, namely voice and accountability, regulatory quality, and rule of law. It could be that if the institutional factors are weak, it will be detrimental to economic performance. The policy implication is that the synergy of all stakeholders needs to be improved for better institutional enforcement.
Threshold Levels of Poverty and Unemployment Rates on Economic Growth in Indonesia during COVID-19 Pandemic Vita Kartika Sari; Malik Cahyadin; Aranka Ignasiak-Szulc; Riayati Ahmad
Jurnal Ekonomi dan Studi Pembangunan Vol 15, No 1 (2023)
Publisher : Universitas Negeri Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17977/um002v15i12023p074

Abstract

During the COVID-19 pandemic, poverty and unemployment rates obstruct economic growth in Indonesia. Therefore, this study examines the threshold levels of poverty and unemployment rates on economic growth for 34 provinces in Indonesia in 2020 and 2021. Cross-section threshold regression is employed. Besides, the robustness check sets a non-linear cross-section regression. The findings reveal that threshold poverty rates in 2020 and 2021 were about 13.97% and 6.38%, respectively. At the same time, threshold unemployment rates were about 3.09% and 4.71%, respectively. Poverty and unemployment rates contributed significantly under U-shape in 2021 and 2020, respectively. The local government can emphasize lower poverty and unemployment rates to enhance economic growth in the long-term.           
Financial Development and Poverty Reduction in Indonesia: An Empirical Investigation Vita Kartika Sari
Economics Development Analysis Journal Vol. 14 No. 2 (2025): Economics Development Analysis Journal
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v14i2.22343

Abstract

Poverty in Indonesia has decreased but still presents many challenges in achieving significant reduction targets. The main objective of this study is to estimate the effect of financial sector development on poverty in Indonesia. The dependent variable was household final consumption expenditure as a proxy for poverty, while the independent variables were broad money and gross savings. The study used time series data and applied the ARDL-ECM (Autoregressive Distributed Lag–Error Correction Model) method for 1981–2022. The main finding was that broad money did not significantly affect poverty reduction. Gross savings were significant with a negative coefficient; higher savings were associated with higher poverty rates due to decreased consumption. Furthermore, the stability of the research model was tested using normality, serial correlation, heteroscedasticity, cumulative sum (CUSUM), and cumulative sum of squares (CUSUMQ) tests. The financial sector can reduce poverty through efficient financial services for the poor, microeconomic empowerment, and increased financial inclusion. In the future, the government must promote a conducive and competitive financial sector to support poverty alleviation programs
ANALYSIS OF FACTORS INFLUENCE MARRIED WOMEN’S DECISION TO WORK IN BANYUPUTIH VILLAGE, JEPARA REGENCY Dita Ramadhani; Dwi Prasetyani; Vita Kartika Sari; Abdus Sihab Patoni
Journal of Applied Economics in Developing Countries Vol 8, No 1 (2023): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v8i1.79448

Abstract

Gender equality and employment opportunities provide a great opportunity for women to enter the labor market. This study aims to analyze the factors that influence the decision of married women to work in Banyuputih Village, Jepara Regency. Banyuputih village was chosen as a research location because of the existence of a manufacturing industry that was able to boost the village's economy. The number of samples used in the study were 100 respondents in accordance with the objectives of the study. The independent variables used are the level of education, husband's income and the number of children under five. Data analysis was performed using Binary Logistic Regression because the dependent variable was in the form of dummy. The analysis showed that the level of education had a positive and significant effect, while the husband's income variable and the number of children under five had a negative and significant effect on the decision of married women to work in Banyuputih Village.