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All Journal Signifikan : Jurnal Ilmu Ekonomi Jurnal Manajemen Atma Jaya AFEBI Economic and Finance Review Journal Economics & Business Atmajaya Indonesia Jurnal Akuntansi Ilomata International Journal of Management Jurnal Manajemen Jurnal Ekonomi Trisakti Madani : Jurnal Pengabdian Kepada Masyarakat Society
Yohanes Berchman Suhartoko
Fakultas Ekonomi Dan Bisnis, Universitas Katolik Indonesia Atma Jaya
Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences

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Dampak Pertumbuhan Ekonomi, Penanaman Modal Asing, Populasi, dan Konsumsi Energi terhadap Emisi Karbon Dioksida di Enam Negara ASEAN Selama Periode 2000-2021 Yohanes Berchman Suhartoko; Monica Gede Dewinta Ekaristi
Society Vol 11 No 2 (2023): Society
Publisher : Laboratorium Rekayasa Sosial, Jurusan Sosiologi, FISIP Universitas Bangka Belitung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33019/society.v11i2.557

Abstract

The increase in CO2 emissions has led to a rise in global temperatures. The rising CO2 emissions in ASEAN need further examination concerning the variables influencing this increase. This study aims to test and obtain empirical evidence on the determinants of CO2 emissions in six ASEAN countries (Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam) during the period 2000–2021. The factors considered in this study include Economic Growth (GGDP), Foreign Direct Investment (FDI), Total Population (POP), Fossil Energy Consumption (EF), and Renewable Energy Consumption (GET). This research employs panel data regression using both time series and cross-sectional data. The Chow and Hausman tests were conducted to determine the appropriate model, and the fixed-effect model was selected as the best fit. This research demonstrates that GET has an insignificant relationship with CO2 emissions, whereas GGDP, FDI, POP, and EF have significant relationships with CO2 emissions. In conclusion, considering all the independent variables in this study that affect CO2 emissions, future efforts should focus on finding ways to control these variables to reduce CO2 emissions.
Macroeconomic Determinants of Economic Growth in Developing-8 Countries: Panel Cross-Sectionally Augmented ARDL Robert Larson Nehe; Yohanes Berchman Suhartoko
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.v15i2.50607

Abstract

Research Originality: This research is original in its examination of the impact of macroeconomic determinants on economic growth in Developing-8 countries, which accounts for cross-sectional dependence and country heterogeneity. Research Objectives: The study aims to analyze the short-run and long-run effects of external debt, exchange rates, foreign direct investment, inflation, and balance of trade on economic growth in selected Developing-8 countries over the period 1997–2024. Research Methods: The study employs a Cross-Sectionally Augmented ARDL model combined with the Error Correction Model by using secondary panel data from six members of the Developing-8 countries to capture dynamic relationships and long-run equilibrium, supported by unit root, cross-sectional dependence, and robustness tests. Empirical Results: The findings indicate that external debt and exchange rates have positive short-run effects on growth, while inflation and the trade balance have negative immediate effects. Foreign domestic investment shows no significant short-run effect but becomes positive in the long run, and the error correction term confirms a stable long-run relationship. Implications: The results suggest that policymakers should ensure sustainable external debt management, maintain exchange rate stability, enhance the effectiveness of foreign domestic investment, and control inflation to support long-term economic growth in Developing-8 countries. JEL Classification: E31, F31, F34, O47 How to Cite:Nehe, R. L., & Suhartoko, Y. B. (2024). Macroeconomic Determinants of Economic Growth in Developing-8 Countries: Panel Cross-Sectionally Augmented ARDL. Signifikan: Jurnal Ilmu Ekonomi, 15(2), 339-354. https://doi.org/10.15408/sjie.v15i2.50607.
Analysis of the Impact of Globalization and Digitalization on Welfare in ASEAN and BRICS Countries Mohamad Fidelio Omar Bestari; Inka Brahmantyo Yusgiantoro; Nuning Trihadmini; Yohanes Berchman Suhartoko
Ilomata International Journal of Management Vol. 7 No. 1 (2026): January 2026
Publisher : Yayasan Sinergi Kawula Muda

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61194/ijjm.v7i1.1982

Abstract

This study investigates the multifaceted impacts of two global megatrends—globalization and digitalization—on public welfare in the ASEAN and BRICS nations from 2007 to 2024. Amid the prevailing narrative that links both phenomena to economic progress, this thesis critically analyses the influence of proxy variables for globalization (trade openness and foreign capital inflows) and digitalization (internet penetration and social media usage), alongside crucial domestic factors such as corruption and entrepreneurship, on three primary welfare indicators: per capita income, unemployment rate, and the poverty level. The principal objective of this research is to deliver nuanced empirical evidence on how the interplay of external forces and internal conditions shapes the welfare landscape in two of the world's most dynamic economic blocs. Employing a quantitative approach through panel data regression analysis, the findings reveal complex and non- uniform relationships. The analysis indicates that trade openness and internet penetration significantly contribute to a reduction in the unemployment rate. Conversely, social media usage demonstrates a negative correlation with per capita income and a positive association with rising poverty, suggesting potential counter-productive impacts and the promotion of consumptive behaviours. Furthermore, domestic governance factors, particularly corruption, are proven to have a significant influence on impeding income growth and exacerbating employment conditions. These findings affirm that the benefits of globalization and digitalization are not automatic but are heavily contingent upon the quality of domestic institutions and policies capable of optimizing opportunities and mitigating emergent risks.
Co-Authors Adji Pratikto Bestari, Mohamad Fidelio Omar Indira Kirana Inka Brahmantyo Yusgiantoro Kelvin reinard Setiadi Leonardus Herjuno Perwiro Luciana Selvi Susanti Wira Made, I Made Sudarmaja Putera Mohamad Fidelio Omar Bestari Monica Gede Dewinta Ekaristi Monica Gede Dewinta Ekaristi Nuning Trihadmini Radiansyah, Bobby Robert Larson Nehe Setiadi, Kelvin reinard Siti Saadah Stanislaus Suryadi Uyanto Teresia Angelia Kusumahadi Yusgiantoro, Inka Brahmantyo