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Analysis of the Relationships Betweet Economic and Industrial Activutues with Carbon Emission Level in Indonesia in the 1991-2022 Period Madhani, Zahara; Shofwan
Journal of Development Economic and Social Studies Vol. 4 No. 3 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Abstract

Indonesia as a developing country, continues to strive to increase economic growth in order to realize the welfare of society. However, this economic growth is not free from negative impacts, such as the exploitation of natural resources and increasing environmental degradation. One of the significant impacts of economic and industrial activities is climate change, which is a serious challenge in achieving sustainable development. This study aims to analyze the relationship between economic and industrial activities and the increase in carbon emissions in Indonesia during the period 1991-2022. The data used in this study comes from the World Bank, Our World In Data, and BPS, with the analysis method applied is time series regression using the VECM model. The results of this study indicate that economic growth has a significant negative effect, while investment, energy consumption and exports have a significant positive effect on CO2 emissions in Indonesia from 1991 to 2022.
Analysis of the Effects of Tourism and Information and Communication Technology on Gross Regional Domestic Product in Priority Tourism Destination Provinces Susanto, Rifqy Achmad; Shofwan
Journal of Development Economic and Social Studies Vol. 4 No. 3 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2025.04.3.19

Abstract

Tourism is considered to have significant potential to drive Gross Regional Domestic Product (GRDP) and is a key focus in Indonesia's economic development strategy. In 2021, Indonesia's tourism ranking rose significantly from 44th to 32nd place in the Travel and Tourism Development Index (TTDI), surpassing Malaysia, Thailand, and Vietnam. However, according to the TTDI, Indonesia still faces weaknesses in tourism service infrastructure, socioeconomic resilience, and ICT readiness, which have hindered the even development of tourism and caused it to remain concentrated in Bali as the main contributor. This study aims to examine the impact of tourist expenditures, tourism productivity, the ICT index, and internet users on the GRDP of priority tourism destination provinces from 2018 to 2022. The study incorporates a COVID-19 dummy variable. A quantitative approach is employed, utilizing secondary data in panel data format. The cross-sectional sample includes 10 provinces, while the time-series sample is annual, spanning the period from 2018 to 2022. The findings reveal that tourist expenditures do not have a significant effect, while tourism productivity, the ICT index, and internet users have a positive and significant effect on GRDP in the priority tourism destination provinces during 2018–2022.
Analysis of Factors Affecting the Number of International Migrations in Java Salsa Billah, Juana Rizqi; Shofwan
Journal of Development Economic and Social Studies Vol. 4 No. 2 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2025.04.2.12

Abstract

Java Island is a major contributor to the number of international labor migration in Indonesia which continues to increase every year. This is driven by various social and economic factors that have become important issues in terms of global development. This study aims to analyze the economic and social factors namely poverty, minimum wage, divorce and average years of schooling in influencing the number of international labor migration in Java Island in 2018-2023. This research uses a quantitative approach by processing secondary data in the form of panel data with cross section data of 6 provinces in Java Island and the range of 2018 to 2023. Panel data regression analysis is used to see the relationship between the dependent variable and the independent variable. The results showed that the poverty variable had a negative and significant effect, while the minimum wage variable had a positive and insignificant effect on the number of international labor migration in Java Island in 2018-2023. While the divorce variable has a positive and significant effect, and the average length of schooling variable has a negative and significant effect on the number of labor international migration in Java Island in 2018-2023.
An Analysis of Monetary and Fiscal Components in the Phenomena of Regional Inflation Volatility Muhammad Ikhlasul amal; Shofwan
Journal of Development Economic and Social Studies Vol. 4 No. 4 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2025.04.4.20

Abstract

Price stability is an essential economic factor in the long term; however, the volatility of domestic inflation remains a significant challenge in the management of inflation in Indonesia. Conversely, the characteristics and patterns of policy exert influence on inflation and volatility in the region, thereby facilitating the analysis of these dynamics. The objective of this study is to analyze the impact of financial and fiscal policies on inflation volatility, as well as the impact of comparable factors on inflation at the provincial level from 2017 to 2022. A quantitative approach was employed, utilizing secondary data obtained from the Central Statistics Office, Bank Indonesia publications, and the Ministry of Finance. The model employed was a fixed-effects panel data model. The instrument is designed to serve as a representation of the fiscal aspect. The following variables were utilized: regional tax revenue (TAX), central-local government transfers (TKDD), money supply (JUB), measured using the size of credit according to region and province, and the interest rate (SB), measured using the interest rate of bank deposits for three months. These variables are indicative of the monetary components. The findings of the study indicated that the overall effect of the independent variables on inflation was significant, with negative effects stemming from SB and TKDD, and positive effects attributed to JUB and PJK. Conversely, the time-series coefficient of variation (TKDD) exerts a negative influence on the volatility of inflation, while the structural break coefficient (SB), the product-level coefficient (TAX), and the TKDD demonstrate a negative relationship. The entirely of the variables exhibited a substantial impact on the volatility of inflation in the region, with the exception of JUB.
Resilience of Indonesian Regional Development Banks (BPD) In Climate-Related Credit Risk Dira Lutfi Wijayanti; Shofwan
Contemporary Studies in Economic, Finance and Banking Vol. 5 No. 3 (2026)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Abstract

Climate change has emerged as one of the major challenges for the banking industry in the future. Climate change phenomena have the potential to increase credit risk through microeconomic transmission channels. This study aims to examine and identify the resilience of Regional Development Banks (RDBs) in Indonesia to cli-mate-related credit risk. The research employs an accounting-based stress testing approach. Bank resilience is assessed through an increase in the non-performing loan (NPL) ratio, adjusted to the hydrometeorological disaster risk profile of each RDB’s main operational region. The research sample consists of eleven banks. The findings indicate that the majority of RDBs are classified as resilient. However, two out of the eleven RDBs are identified as vulnerable to climate-related credit risk, namely Bank Pembangunan Daerah Sumut in North Sumatra Province and Bank Pembangunan Daerah Nagari in West Sumatra Province. Mitigation efforts for cli-mate-related credit risk can be undertaken by strengthening capital adequacy and integrating climate risk into the banks’ risk management frameworks.
Spatial Dynamics of Unmet Need in Food Assistance Program Allocation Septiashari, Nabila Nursanti; Shofwan
Contemporary Studies in Economic, Finance and Banking Vol. 5 No. 3 (2026)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Abstract

This study analyzes spatial autocorrelation patterns and maps unmet need associated with the allocation of the Program Sembako (Basic Food Commodities Program) quota in Sidoarjo Regency by incorporating spatial analysis into the policy assessment framework. A quantitative Exploratory Spatial Data Analysis is employed, utilizing Global Moran's I and Local Moran's I, alongside the Coady-Grosh-Hoddinott (CGH) Index for measuring targeting measurement. The findings reveal significant positive spatial autocorrelation, indicating that unmet need is spatially clustered rather than randomly distributed. Micro-spatial analysis showed that the northern urban and peri-urban corridor of Sidoarjo Regency tends to form high-high clusters characterized by high unmet need, whereas western agrarian areas display a stable and progressive pattern in food assistance distribution. These results are consistent with the CGH Index, which demonstrates allocation deficits and regressivity in urban and peri-urban zones. The policy implications emphasizes the critical need to implement Geographic Targeting method to enable asymmetric quota reallocation for enhanced spatial equity