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All Journal Signifikan : Jurnal Ilmu Ekonomi Ekonomi Bisnis EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis Ekonomi Bisnis Jurnal Pajak Indonesia (Indonesian Tax Review) Indonesian Treasury Review: Jurnal Perbendaharaan, Keuangan Negara dan Kebijakan Publik Journal of Islamic Monetary Economics and Finance Jurnal Proaksi Jurnal Ekonomi Pembangunan Jurnal Ekonomi Pembangunan Jurnal Ekonomi dan Pembangunan Indonesia
Jahen Fachrul Rezki
Department Of Economic Science, Faculty Of Economics And Business, Universitas Indonesia
Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Energy Social Sciences Other

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THE COVID-19 LOCKDOWN EFFECTS ON MENTAL WELL-BEING AND RELIGIOSITY: EVIDENCE FROM INDONESIA Andariesta, Dinda Thalia; Ridhwan, Masagus M.; Rezki, Jahen Fachrul; Indira, Mutiara Helga
Journal of Islamic Monetary Economics and Finance Vol. 9 No. 1 (2023)
Publisher : Bank Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21098/jimf.v9i1.1609

Abstract

We investigate the effects of COVID-19 lockdowns on frequency of online search on mental well-being and religiosity-related terms in Indonesia using high-frequency data from Google Trends and Bank Indonesia Consumer Survey from January 1st, 2018, to February 28th, 2021. Monthly search terms and consumer survey data are merged at the provincial level, which results in a total of 131,300 individual observations. Using event analysis and instrumental variable approaches, our study suggests that lockdown policy is significantly associated with higher search intensity of mental well-being and religiosity-related terms compared to the pre-lockdown period. Our findings suggest that mentally disturbed people tend to lean on religion to cope with stressful events during a crisis. Our study has substantial policy implications on ensuring appropriate government interventions that minimize the detrimental effect of COVID-19 on mental well-being. Acknowledgment We are grateful to Bank Indonesia's Department of Statistics for helping us to provide the survey data.
Dampak Program Pembangkit Listrik 35.000 MW terhadap Tingkat Pekerjaan dan Kemiskinan di Indonesia Anggoro, Yohanes Dwi; Rezki, Jahen Fachrul
Jurnal Ekonomi dan Pembangunan Indonesia Vol. 26, No. 1
Publisher : UI Scholars Hub

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Abstract

This research analyzes the 35,000 MW Program’s impact on employment and poverty levels in Indonesia using the Callaway and Sant’Anna Difference-in-Differences (CSDID) method. The research uses panel data at the district/city level from 2007 to 2022. The analysis shows the program has a significant impact on reducing poverty, with an average reduction of 5,208 poor people in Model 1; 4,277 people in Model 2; and 4,284 people in Model 3. Based on a subset of regions, the analysis shows the program had a significant impact on increasing the employment rate by 1.2 percent, reducing 16,034 poor people in the Java-Madura-Bali.
State Political Risk and Industrial Performance: Evidence from Sub-Saharan Africa Tarisai Nomore Madyangove; Jahen Fachrul Rezki
Signifikan: Jurnal Ilmu Ekonomi Vol. 15 No. 2 (2026)
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v15i2.49642

Abstract

Research Originality: This study offers an original external instrumental variable (IV) analysis of the causal link between state political risk and industrialization in Sub-Saharan Africa, using constitutionally fixed executive elections as a novel instrument. Research Objectives: This study tests the hypothesis that state-sanctioned violence negatively impacts industrial growth in Sub-Saharan Africa. Research Methods: This study employs a Two-Stage Least Squares (2SLS) model on a panel of 30 African countries (2000–2023). State political risk is measured by the Political Terror Scale, which captures state-sanctioned violence and is instrumented by fixed election timing. Industrial value-added growth is the dependent variable. Empirical Results: We find no statistically significant causal effect of state-sanctioned violence on industrial growth. This null result is robust across 2SLS, Limited Information Maximum Likelihood(LIML), and GMM estimators. Implications: Industrial policy in moderately unstable African contexts should prioritize core economic and regulatory constraints over broad political risk mitigation. The findings point to significant industrial resilience. JEL Classification: P00, D72, O14, C36, O55 How to Cite:Madyangove, T. N., & Rezki, J. F. (2026). State Political Risk and Industrial Performance: Evidence from Sub-Saharan Africa. Signifikan: Jurnal Ilmu Ekonomi, 15(2), 453-470. https://doi.org/10.15408/sjie.v15i2.49642.
Co-Authors Andariesta, Dinda Thalia Basuki, Muti'ah Yasmin Dewi ANGGRAENI Dwi Putri Larasati Indira, Mutiara Helga Jamhari Rheza Afrian Pratama Ridhwan, Masagus M. Rio Sumalauda Sukandar, Fatonah Diska Tarisai Nomore Madyangove Utama, Bayu Dananjaya Widyawati, Diah Yohanes Dwi Anggoro Yohannes Baptista Irawan