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A linkage of welfare: industry, small business, and job creation Suliswanto, Muhammad Sri Wahyudi; Firmansyah, Muhammad; Rofik, Mochamad; Kurniawan, Mahrus Lutfi Adi; Flejterski, Stanislaw
Jurnal Ekonomi & Studi Pembangunan Vol. 27 No. 1: April 2026
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v27i1.29081

Abstract

This study aims to analyze the relationship between industry, small businesses, job creation, and welfare within an integrated analytical framework. This study uses a quantitative approach using Partial Least Squares Structural Equation Modeling (PLS-SEM) analysis, with primary data obtained from questionnaires distributed to 80 respondents in the industrial area of Gresik Regency, East Java, Indonesia. The results of this study indicate that industry significantly influences welfare, both directly and indirectly through small business development and job creation. In this case, small businesses act as a key mediating variable influencing industry's impact on job opportunities and improved welfare. The novelty of this study lies in the development of an empirical model that simultaneously integrates the roles of industry, small business development, job creation, and welfare within a single analytical framework, using small business and job creation as mediating variables. This research contributes to the development economics literature, particularly on inclusive growth. It provides a policy perspective on the importance of effective integration between industry and small businesses as a strategy for improving public welfare.
Youth NEET in Indonesia: Regional Disparities and Urban Planning Implications for Malang Priyambodo, Reza Nugraha Dinda; Riyanto, Wahyu Hidayat; Putranto, FX Gugus Febri; Firmansyah, Muhammad
PANGRIPTA Vol. 9 No. 1 (2026): Pangripta Jurnal Ilmiah Kajian Perencanaan Pembangunan
Publisher : Badan Perencanaan Pembangunan Kota Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58411/1bg8q467

Abstract

The phenomenon of youth Not in Employment, Education, or Training (NEET) poses a serious challenge to human resource development in Indonesia due to its long-term social and economic impacts. This study examines the NEET youth aged 16–30 by considering individual and environmental characteristics, including marital status, age, disability, education level, gender, region of residence, economic growth, and the interaction between marital status and age group. The study uses a quantitative approach, employing binary logistic regression, drawing on SAKERNAS 2023 data and economic growth data from 34 Indonesian provinces. The results show that all variables are significant at the 1 percent level (p < 0.01). Unmarried youth, younger individuals, people with disabilities, women, those with low education, and those residing in urban areas have a higher risk of being NEET. Education significantly reduces this risk. Economic growth has a limited, non-inclusive effect, and the interaction between marital status and age group reduces the probability of NEET status. This research contributes to the growing literature on regional development and planning through spatial disparities, particularly the urban-rural divide that contributes to the NEET phenomenon. The results demonstrate that place-based policies, such as strengthening the integration between education and the labor market, creating specific employment programs tailored to regional conditions, and implementing targeted interventions in rapidly growing urban areas like Malang City, are necessary to promote inclusive youth integration into the labor market.
SUPPLY AND DEMAND SIDE DRIVERS OF REGIONAL ECONOMIC GROWTH: EVIDENCE FROM JAVA ISLAND Tania Zahra Zhafira; Aris Soelistyo; Muhammad Firmansyah
Jurnal Apresiasi Ekonomi Vol 14, No 2 (2026)
Publisher : Institut Teknologi dan Ilmu Sosial Khatulistiwa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31846/jae.v14i2.1056

Abstract

This study aims to analyze the influence of supply-side and demand-side factors on economic growth in six provinces on Java Island during the 2015–2024 period. Supply-side factors include mean years of schooling, life expectancy, labor productivity, and the number of employed labor force, while the demand-side factor is represented by government consumption expenditure. Economic growth is measured using Gross Regional Domestic Product (GRDP) at constant prices. This study employs a quantitative approach using panel data regression with 60 observations, and the best estimation model is selected through the Chow test and Hausman test. The results show that all independent variables simultaneously have a significant effect on economic growth in Java. Partially, supply-side variables have a more dominant influence than government expenditure. These findings indicate that improvements in human capital quality and labor productivity play an important role in promoting regional economic growth. This study is limited by its coverage, which only includes six provinces on Java Island, and by the limited number of variables used, so it may not fully capture all determinants of economic growth. Therefore, future research is recommended to incorporate additional variables such as investment, infrastructure, and technology, expand the regional scope, and use a longer observation period or different analytical methods to produce more comprehensive results with stronger generalizability.
Corruption as a Key Transmission Channel Linking Governance and Investor Protection in ASEAN Muhammad Firmansyah; Sri Budi Cantika Yuli; Fika Fitriasari; Zainal Arifin; Stanislaw Flejterski
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.v25i1.50211

Abstract

Research Originality: The Originality lies in integrating governance quality and macroeconomic variables within a unified framework while explicitly modeling corruption as a mediating variable, a focus that remains underexplored in prior studies. Research Objectives: This study examines the role of corruption as a transmission mechanism linking governance and macroeconomic factors to investor protection in ASEAN countries. Research Method: Using panel data from six ASEAN countries over the period 2010–2023, this study applies panel-data-based path analysis with bootstrapping to estimate both direct and indirect effects. Robustness checks are conducted using fixed-effects, random-effects, and System GMM estimators to ensure the consistency of the results. Empirical Results: The findings show that governance significantly enhances investor protection, while portfolio investment and interest rates exhibit varying effects depending on institutional conditions. Importantly, corruption is found to play a significant mediating role, indicating that improvements in governance and macroeconomic performance do not automatically strengthen investor protection without effective corruption control. Implications: This study suggests that policymakers should integrate governance reforms with anti-corruption strategies to improve investor protection. Strengthening institutional quality, transparency, and regulatory enforcement is essential to create a more secure and sustainable investment environment in ASEAN economies.  JEL Classification: D73, G38, F21, E44