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THE ROLE OF FOREIGN DEBT, EXPORTS, AND EXCHANGE RATES IN INCREASING INDONESIA'S FOREIGN EXCHANGE RESERVES Dodi Tirtana; alan miftarova; Fazri Fauzi; Rizky Mohammad Gimnastiar
Business and Economic Analysis Journal Vol. 5 No. 2 (2025): November 2025
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/beaj.v5i2.25291

Abstract

Indonesia’s foreign exchange reserves fluctuate due to global and domestic economic dynamics. The problem lies in how key economic factors can maintain the stability and sustainability of national foreign exchange reserves. This study aims to determine the role of foreign debt, exports, and exchange rates in increasing Indonesia’s foreign exchange reserves. This research uses secondary data obtained from the World Bank. The analysis method uses Ordinary Least Squares (OLS) with multiple linear regression. The results show that foreign debt, exports, and exchange rates have a positive effect on Indonesia’s foreign exchange reserves. The implications of this research show that the government needs to strengthen the coordination of fiscal and monetary policies to maintain the stability of foreign exchange reserves. Foreign debt management must be directed toward productive financing that drives exports and economic growth. In addition, a stable and adaptive exchange rate policy is necessary to maintain foreign exchange reserves amid global economic changes.
DYNAMICS OF CARBON EMISSIONS IN ASEAN: PANEL ARDL APPROACH Nugraha, Galih; Dodi Tirtana; Muhammad Nurhikmat; Dim Zarita Suryanugraha
Ekspansi: Jurnal Ekonomi, Keuangan, Perbankan, dan Akuntansi Vol 17 No 2 (2025)
Publisher : Accounting Department, Politeknik Negeri Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35313/ekspansi.v17i2.6713

Abstract

This study analyzes the short- and long-run relationship between economic growth, population, manufacturing, foreign direct investment (FDI), and deforestation on carbon emissions in ASEAN countries, one of the fastest-growing economic regions. Using annual panel data from 1991–2023 for nine countries, this study adopts the Panel Autoregressive Distributed Lag (ARDL) and Error Correction Model (ECM) approaches. Diagnostic tests, including the Im Pesaran, & Shin (IPS) unit root test, confirmed the model's validity with variables having mixed orders of stationarity. The ECM estimation results show a significant long-run cointegration relationship. In the long run, GDP per capita, population, and the manufacturing sector have a positive and significant effect on carbon emissions. In contrast, FDI has a negative and significant impact. Furthermore, the Panel Granger causality test showed that no independent variable can significantly predict changes in carbon emissions. Overall, these findings provide an empirical basis for policies that balance economic and environmental aspirations. The main implication is the importance of formulating a strategy to decouple growth from emissions through an efficient industrial transition and by attracting sustainable investment.
Internal and External Determinants of Village Own-Source Revenue: Evidence from 30 Villages in North Tasikmalaya Surgawati, Iis; Dodi Tirtana; Hayati, Jurni; Sukarso, Aso
Efficient: Indonesian Journal of Development Economics Vol. 9 No. 1 (2026)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/efficient.v9i1.39146

Abstract

This study aims to determine and identify internal and external factors that affect village revenue with a case study of North Tasikmalaya including Sukaratu, Cisayong, Sukahening, Rajapolah, Jamanis, Ciawi, Sukaresik, Pagerangeung, and Kadipaten sub-districts. The method used in this research is a quantitative approach to primary data with data collection techniques using questionnaires. This research sampling technique uses Proportionate Stratified Random Sampling. The data analysis method uses the Structure Equation Model-Partial Least Square (SEM-PLS) through 3 analyses: outer model, inner model, and hypothesis testing. The results showed that human resource capacity and government policy significantly influenced village revenue. Meanwhile, community participation, accessibility, and infrastructure do not influence village revenue. The lack of community participation is due to the community's indifference in advancing the village. Accessibility and infrastructure are also strategic issues that not all villages have adequate access and infrastructure so that regional economic development is not optimal.
Inovasi Produk Olahan Berbahan Dasar Cabai sebagai Potensi Lokal di Desa Cikoneng Kabupaten Ciamis Komaludin, Ade; Tirtana, Dodi; Hamzah, Risna Amalia; Pradani, Tiara; Rakhmat, Anwar Taufik; Al Rasyid, Dwiyan
Abdimas Galuh Vol 8, No 1 (2026): Maret 2026
Publisher : Universitas Galuh

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25157/ag.v8i1.21498

Abstract

Cabai merupakan salah satu komoditas hortikultura unggulan yang memiliki nilai ekonomi tinggi. Namun, fluktuasi harga cabai terutama saat panen raya sering menimbulkan kerugian bagi petani. Oleh karena itu, diperlukan inovasi pengolahan produk berbahan dasar cabai sebagai upaya meningkatkan nilai tambah dan ketahanan ekonomi masyarakat desa. Kegiatan pengabdian kepada masyarakat ini dilaksanakan bersama Kelompok Wanita Tani Bintang Manggala di Desa Cikoneng, Kabupaten Ciamis, dengan tujuan memberikan keterampilan pengolahan cabai menjadi produk sambal kemasan yang higienis, tahan lama, serta memiliki daya jual lebih tinggi. Metode pelaksanaan meliputi tahapan persiapan, pemaparan materi, praktik pembuatan sambal, diskusi interaktif, hingga pendampingan kewirausahaan. Materi yang diberikan mencakup pentingnya inovasi olahan cabai, standar keamanan pangan, strategi pengemasan modern, serta alternatif ketahanan pangan untuk penyimpanan yang cukup lama. Peserta juga dilatih menghitung biaya produksi, menentukan harga jual, serta membuat label produk yang menarik. Luaran dari kegiatan ini adalah peningkatan keterampilan teknis dan kewirausahaan anggota kelompok tani, lahirnya produk sambal kemasan berbasis potensi lokal, serta terbukanya peluang pengembangan usaha mikro. Dengan demikian, kegiatan ini diharapkan mampu memperkuat pemberdayaan masyarakat dan mendukung diversifikasi ekonomi desa dalam mengolah cabai untuk memiliki nilai ekonomis yang lebih tinggi..