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All Journal International Journal Multidisciplinary Science Jurnal Ekonomi Pembangunan
Djuanda, Bambang
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Humanities Economics, Econometrics & Finance Education Social Sciences

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Assessing the Impact of Jakarta-Bandung High-Speed Rail Project toward Regional Socioeconomic Conditions: An Difference-in-Differences Analysis Kusumawati, Balkis; Fauzi, Akhmad; Djuanda, Bambang; Barus, Baba
Jurnal Ekonomi Pembangunan Vol. 23 No. 1 (2025): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v23i1.23363

Abstract

This study evaluates the economic impact of the Jakarta–Bandung High-Speed Rail (JB-HSR) project, a key strategic initiative for promoting balanced and sustainable regional economic growth in Indonesia. We analyze four major regional indicators: Gross Regional Domestic Product (GRDP), investment, open unemployment, and poverty levels. Employing a Difference-in-Differences (DID) approach with panel data from 2013 to 2023, our findings reveal that the JB-HSR 's presence significantly increased GRDP and investment, and contributed to a decline in open unemployment within the directly affected regions. However, the project has not yet led to a statistically significant reduction in poverty, indicating uneven distribution of economic benefits across population segments. A spatial analysis further highlights substantial land-use changes around JB-HSR stations, reflecting the potential for future Transit-Oriented Development (TOD). These insights underscore the necessity for integrated spatial planning between central and regional governments, enhancement of local workforce capacities, and the implementation of inclusive investment and social policies to ensure the long-term sustainability and equitable distribution of JB-HSR project benefits.
THE IMPACT OF THE TOURISM SECTOR ON THE ECONOMY OF BANTEN USING THE INPUT-OUTPUT MODEL Astutik, Endang Puji; Anggraeni, Lukytawati; Djuanda, Bambang; Rindayati, Wiwiek
International Journal Multidisciplinary Science Vol. 4 No. 1 (2025): February: International Journal Multidisciplinary Science
Publisher : Asosiasi Dosen Muda Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56127/ijml.v4i1.1925

Abstract

This study aims to analyze the role and impact of the tourism sector on the Banten economy. The analytical method used is the 2016 Banten Province Input-Output analysis, for the classification of 52 industrial sectors and 17 business fields. The approach used,; analyzing backward and forward linkages which are key and superior sectors in the Banten economy, multipliers (output, income and employment), describing the priority scale for developing tourism sectors in Banten, describing shock analysis of government policy, if there is an increase in the tourism budget and its impact on Banten economy. The results of the study show that the backward and forward linkage analysis of all tourism-related sectors is very strong with IKBL (backward linkage index) and IKDN (forward linkage index) values ​​above 1, the highest forward linkage value is 2.6 in the air transport sector. The highest value of backward linkage is 1.55 in the rail transport sector. Business fields related to the tourism sector in Banten are a key and superior sector in the Banten economy, as is the electricity sector. The highest value of the multiplier lies in income, namely; information and communication sector with a value of 5.06. The next highest multiplier value lies in the output and labor multiplier in the transportation sector. If an additional budget is given, the highest multiplier value (output, income and employment) lies in the accommodation and food and drink provision sector. So, the most appropriate policy is, if government spending and private investment, focus on opening new businesses in sectors related to tourism through prioritizing the provision of accommodation and food and drink, transportation (air transportation, rail transportation, warehousing and supporting services). transportation, postal and courier, land transportation, sea transportation, river, lake and ferry transportation), information and communication sector, corporate services and other services.
Co-Authors Akhmad Fauzi Astutik, Endang Puji Baba Barus Kusumawati, Balkis Lukytawati Anggraeni Wiwiek Rindayati