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The Influence Of The Local Cultural Development Index On Indonesia's Economic Development (Panel Evidence From All Provinces In Indonesia) Hermawan, Irfan; Suhendra, Indra; Sutjipto, Hady
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis Vol 14 No 2 (2026): April
Publisher : UNIVED Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/ekombis.v14i2.9494

Abstract

Economic growth is an economic issue and has become one of the important phenomena experienced by several developed and developing countries. High economic development is a target to be achieved, especially for developing countries. This study aims to identify the influence of the Cultural Development Index (CDI) in four dimensions: Cultural Economy (CEC), Cultural Heritage (CH), Cultural Expression (CEX), and Gender (GP) on the rate of economic growth (ERG). This study uses the Generalized Method of Moment (GMM) with data taken from secondary sources, namely the Central Statistics Agency (BPS), the Ministry of Women's Empowerment and Child Protection (KPPPA), the Ministry of Culture, and the Directorate General of Regional Development – Ministry of Home Affairs, using data from 32 provinces in Indonesia from 2018 to 2023. The estimation results using the GMM method show that the ratio of effectiveness in CEC results has a positive and significant effect, the ratio variable in CH has a positive and significant effect, The CEX ratio variable has a negative and significant effect, while the GP ratio variable has no significant effect.
The Effect Of Financial Performance And Regional Economic Growth Rates On Social Development Indicators In Indonesia Nuzullestary, Vitriatie; Sutjipto, Hady; Suhendra, Indra
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis Vol 14 No 2 (2026): April
Publisher : UNIVED Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/ekombis.v14i2.10004

Abstract

This study investigates the impact of regional financial performance and economic growth on key social development indicators in Indonesia, namely poverty, unemployment, and stunting. Using panel data from 34 provinces for 2016–2023, the analysis employs the System Generalized Method of Moments (GMM) to address endogeneity and dynamic panel bias. The results show that Regional Own Source Revenue effectiveness ratio (ER1) significantly reduces poverty and unemployment, indicating that improved revenue realization enhances the fiscal capacity of local governments to provide essential public services and support employment. The regional independence ratio (IR) has a significant negative effect on stunting, suggesting that stronger fiscal autonomy enables better funding for maternal and child health interventions. Economic growth significantly lowers poverty and unemployment but has no significant effect on stunting. Meanwhile, the Gini Ratio exhibits a strong positive effect on stunting, highlighting income inequality as a major barrier to achieving better child nutrition outcomes.
Co-Authors A. Fitriadi Al Akbar Abdulloh Azzam Adelia Dwi Rahmawati Ahmad Syarifudin Anshori Akhmadi Akhmadi Alwi, Arfian Amiroh Amiroh Ani Setyowati Anwar, Cep Jandi Anwar, Cep Jandi Arya Cembawan Wijaksana Azhar Najmuddin Azzam, Abdulloh Bambang Mahmudi Bayu Hadi Wicaksono Cahya Fitra Sabrina Cep Jandi Anwar Chendrawan, Tony Santika Christoforus Erik Pb Dafa Riandana Puta Dede Ika Murofikoh Didit Damayanti Dita Ayu Irawati Dwi Ananda Pangesti Edwin Ronaldo Fai Nababan Fransisco Farhan Akbar Fariza Novdwikaputri Genta Noer Kahar Handayani, Hany Hany Handayani HERMAWAN, IRFAN Hudaifah, Muzlifatul I Gusti Agung Komang Diafari Djuni Hartawan Imansyah, Taufik Indra Gunawan Kahfi, Heri Safari Khurosani, Aan Kirana, Yeremia Sahat Kusuma, Erik Indra Lilis Hoeriyah Lina Marlina Nur Rizkiya Lucky Widyarto M. Ghiffari Marshal Maitsaa Zalfaa MARIA BINTANG Miftahul Janah Moh Muksin Mufti Ali Muhammad Farrel Brastama Muhammad Rafi Muhammad Rizieq Zamzani Mukhsin, Moh. Nadila Nadila Nadila, Nadila Nur Rahmah Maysarah Nurul Fatonah Nuzullestary, Vitriatie Octa Widya Pratiwi Priatin, Yusri Prima Abi Pangestu Putri, Syifa Annisa Rah Adi Fahmi Ginanjar Rahman Ratnawati Ratnawati Ridwan Maulana Rina F RIZAL FATHONI Rosid Kurniawan SAMSUL ARIFIN Septiadi, Rizqi Shindy Oktavia Stannia Cahaya Suci Sugeng Setyadi Suharto, Umayatu Suiroh Surya, Djasuro Surya, Djasuro Syafira Febriyanti Syifa Annisa Putri Tasya Siti Nuraisah Tatat Hartati Trisna Nugraha Udin Syaefudin Saud, Udin Syaefudin Wahyu Sopandi Wicaksono, Bayu Hadi Wiliiam, Nanda Wulan Rahmawati Yusup Maulana Yusup Maulana Zahara, Vadilla Mutia