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Revealing The Spatial Matter in Indonesia’s Economic Growth Model: A Cross-Province Analysis Edy Santoso; Ahmed Mohamed Annegrat; Teguh Hadi Priyono; Endah Kurnia Lestari; Vebry Eka Kusumawardhani
ETIKONOMI Vol. 25 No. 1 (2026)
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v25i1.46105

Abstract

Research Originality: This research integrates spatial econometric modeling to analyze the determinants of Indonesia's economic growth, highlighting the influence of spatial dependence on neighboring regions. It uses spatial models to provide insights into Indonesia's growth dynamics from a geographically interdependent perspective. Research Objectives: Examine the key factors driving Indonesia's economic growth by incorporating internal regional elements and external spatial influences from neighboring provinces. Research Method: This study employs a spatial econometric approach to analyze Indonesia’s economic growth across 34 provinces from 2015 to 2024. Empirical Results: The empirical analysis confirms the presence of spatial dependence in regional economic growth, with neighboring provinces influencing one another. Foreign Direct Investment (FDI), Domestic Direct Investment (DDI), and population significantly impact growth directly and through spillovers. However, road infrastructure has an insignificant effect. Implications: This research emphasizes the importance of provincial collaboration on investment, infrastructure, and trade. While population growth matters, skill enhancement is crucial for development. Policymakers should prioritize high-quality infrastructure and leverage spatial data to promote balanced growth and reduce regional disparities. JEL Classification: C33, O16, O18, R11
HOW IS THE BLUE ECONOMY IMPLEMENTED IN FISHERIES MANAGEMENT WITHIN THE RIAU ISLANDS? Satrio Candra Nugroho; Endah Kurnia Lestari; Nandhito Figa Putra Teras; Aditya Ferdama Putra
Journal of Applied Economics in Developing Countries Vol 11, No 1 (2026): 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.v11i1.110905

Abstract

This study aims to examine fisheries management factors through a blue economy perspective. It is a quantitative study with an explanatory approach, using panel data regression as the analysis method with an observation period from 2020 to 2023 across seven districts in the Riau Islands. Data were obtained from Statistics Indonesia and the Ministry of Maritime Affairs and Fisheries. The results show that the marine resource sustainability index significantly increase the value of fishery production through a blue economy perspective. Theoretically, this study explains the Tragedy of the Commons Theory, by operationalizes the blue economy paradigm into measurable variables aligned with environmental, social, and economic dimensions which is relevant to the classical approach in natural resource economics, where fishery resources are considered public goods vulnerable to overexploitation for personal gain, ultimately harming everyone in the long run. The results provide empirical evidence that ecosystem-based management remains central to sustaining fisheries output in archipelagic regions. The study contributes to applied development economics by offering a provincial-level panel analysis of fisheries sustainability within a small-island and archipelagic context.