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Journal : Majapahit Journal of Islamic Finance and Management

Phenomena and POV Reality in Central Java 2017-2023 Garnis Permata Sari; Purnomo, Didit
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 1 (2025): Islamic Finance and Management
Publisher : Department of Sharia Economics Institut Pesantren KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i1.376

Abstract

This study investigates the interplay between poverty, open unemployment, and the Gender Development Index (IPG) on regional economic growth in Central Java from 2017 to 2023, using GRDP as the dependent variable across 30 regencies and cities. While the Fixed Effect Model reveals a significant negative effect of open unemployment on GRDP, the findings that poverty and IPG do not show statistical significance should be interpreted with caution. The absence of significance may stem from measurement limitations, temporal lags, or regional heterogeneity rather than a definitive lack of influence. Furthermore, the study acknowledges its limitation in not incorporating broader determinants of economic growth, such as capital investment, infrastructure, human capital, and institutional quality, which could contribute to omitted variable bias. The analysis would benefit from being situated within established economic growth theories, such as Solow’s neoclassical model or endogenous growth frameworks, to better justify variable selection and interpret findings within a broader theoretical and developmental context. Recognizing the long-term contributions of gender equality to economic development, future research should explore the temporal dynamics of IPG’s impact to capture delayed effects often noted in development economics.
Co-Authors Abdulloh Adlan Amirul Mulki Sulton Adzila, Choiry Viera Agung Riyardi Agung Slamet Sukardi Ahnaf Faiz Pratama Ahnaf Faiz Pratama Al Rovik, Oktaviansyah Baranika Amalia, Alfida Nizar Ambariyanto Ambariyanto Ambarsari, Indah Anggyatika Mahda Kurnia Anggyatika Mahda Kurnia, Anggyatika Mahda Anita Puspitasari Aprilia Retno Safitri Ardiana, Wiwik Arif Ramadhan Arum W, Nurani Augovany, Revialdo Kahfi Auliani, Annisya Ayudita, Salma Fitri Ayyubi, Arif Rahman Bambang Setiaji Bastiyan David Hanifan Cahyaningsih, Pinaestri Chuzaimah Chuzaimah Chuzaimah Chuzaimah Chuzaimah Chuzaimah, Chuzaimah Devi Istiqomah Devi Istiqomah, Devi Devi Sartikasari Dewi Puji Astuti, Dewi Puji Dewi Sitoresmi N.K.A Diyan Utami Duwi Fadriyani Edy Purwo Saputro Eni Setyowati F. X. Sugiyanto Fahila Kamara Winungga Fahrudin, Moris Favian Ardine Agathon Fereshti N. D. Fereshti N. D., Fereshti N. Firmansyah, Refly Garnis Permata Sari Harun Harun Harun Harun Imamuddin Fathany Imron Rosyadi Inda Fresti Puspitasari Inda Fresti Puspitasari Indah Ambarsari Indah Susilowati Intan Istikharoh Irfan Budiyanto Istiqomah, Wiwit Syifa Jannah, Kuntum Khoiru Nisa Miftah Ul Jarwo, Reja Ale Jayawarsa, A.A. Ketut Kusuma, Devinna Putri Vania Mahanara Puja Kusuma Maulidyah Indira Hasmarini Mochamad Hasan Makmur Farid Mohammad Arif Mohammad Rafiuddin Mohd Shahidan Shaari Muhammad Anas Muhammad Arif Muhammad Arif Muhammad Muhtarom Muhammad Muhtarom Nando Savikri Nugraheni, Mellyka Sherly Nungki Kusumastuti Nur Hidayah Nur Hidayah Nurani Arum W Nurul Ares Lathifah Permatasari, Yuliana Ayu Perwithosuci, Winny Pinaestri Cahyaningsih Prabasari, Rully Indra Prabawati Nur Utami Purnomo, Nugroho Satriotomo Puspitasari, Anita Putra, M. Farash Abbiyan Putri, Bernanda Arsita Rama Mukti Nautika Ramadhan, Arif Sahid, Muhamad Salsagita Rahmadhani Siti Aisyah Sitti Retno Faridatussalam Sitti Retno Faridatussalam Sri Murwanti Suryanti Syahrindra, Diony Kevin Triyono Triyono Triyono Triyono Wahid Fahmiza Azhari Winny Perwithosuci Yudhistira Bagas Anggoro Yustika, Aisya Berliana zazid ikhsanudin, khozin