Article Per Year (5 Year)
p-Index From 2021 - 2026
0.983
P-Index
This Author published in this journals
All Journal Jurnal Akuntansi dan Ekonomika Journal of Enterprise and Development (JED) Cakrawala Repositori Imwi Jurnal Ilmiah Multidisiplin Indonesia
Wefielananda, Rahmi Afzhi
Unknown Affiliation
Agriculture, Biological Sciences & Forestry Computer Science & IT Earth & Planetary Sciences Economics, Econometrics & Finance Engineering Physics

Published : 5 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 5 Documents
Search

 1 
Analisis Pengaruh Hubungan Tidak Langsung Volatilitas Nilai Tukar Terhadap EmisI CO2 Di Asean Rahmi Afzhi Wefielananda; Widyono Soetjipto
Cakrawala Repositori IMWI Vol. 6 No. 4 (2023): Cakrawala Repositori IMWI
Publisher : Institut Manajemen Wiyata Indonesia & Asosiasi Peneliti Manajemen Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52851/cakrawala.v6i4.406

Abstract

Salah satu penyebab meningkatnya gas rumah kaca dan gas karbon dioksida adalah akibat kegiatan perdagangan antar negara. Perdagangan antar negara terjadi melalui transaksi pembayaran alat tukar yang disepakati oleh negara-negara terikat berupa mata uang. Secara tidak langsung, nilai tukar berperan dalam pergerakan ekonomi, begitu pula terhadap lingkungan. Penelitian ini membahas pengaruh tidak langsung dari kestabilan perubahan nilai tukar yang dilihat dari nilai volatilitasnya terhadap emisi CO2 di 8 negara ASEAN selama periode tahun 1990-2016 dengan menggunakan analisis jalur (path analysis). Hasil yang didapat pada penelitian ini adalah volatilitas nilai tukar dapat menurunkan nilai impor maupun ekspor, namun hanya penurunan impor yang berdampak signifikan pada peningkatan emisi, sementara perubahan pada ekspor tidak berpengaruh signifikan pada emisi.
Analisis Pengaruh Hubungan Tidak Langsung Volatilitas Nilai Tukar Terhadap EmisI CO2 Di Asean Rahmi Afzhi Wefielananda; Widyono Soetjipto
Cakrawala Repositori IMWI Vol. 6 No. 4 (2023): Cakrawala Repositori IMWI
Publisher : Institut Manajemen Wiyata Indonesia & Asosiasi Peneliti Manajemen Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52851/cakrawala.v6i4.406

Abstract

Salah satu penyebab meningkatnya gas rumah kaca dan gas karbon dioksida adalah akibat kegiatan perdagangan antar negara. Perdagangan antar negara terjadi melalui transaksi pembayaran alat tukar yang disepakati oleh negara-negara terikat berupa mata uang. Secara tidak langsung, nilai tukar berperan dalam pergerakan ekonomi, begitu pula terhadap lingkungan. Penelitian ini membahas pengaruh tidak langsung dari kestabilan perubahan nilai tukar yang dilihat dari nilai volatilitasnya terhadap emisi CO2 di 8 negara ASEAN selama periode tahun 1990-2016 dengan menggunakan analisis jalur (path analysis). Hasil yang didapat pada penelitian ini adalah volatilitas nilai tukar dapat menurunkan nilai impor maupun ekspor, namun hanya penurunan impor yang berdampak signifikan pada peningkatan emisi, sementara perubahan pada ekspor tidak berpengaruh signifikan pada emisi.
U.S. Tariff Policy and the Joint Reaction of Indonesia’s Stock and Gold Markets Wefielananda, Rahmi Afzhi; Andriani, Yessy; Azry, Said Maulana
Jurnal Ilmiah Multidisiplin Indonesia (JIM-ID) Vol. 4 No. 11 (2025): Jurnal Ilmiah Multidisplin Indonesia (JIM-ID) , 2025
Publisher : Sean Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The United States exerts a substantial influence on the global economy. Its trade policies not only directly affect its trading partners but also generate broader multiplier effects across other national economies. This study examines the impact of the reciprocal tariff policy announced by the United States government in February 2025 on stock and gold prices in Indonesia. Using the Three-Stage Least Squares (3SLS) method, the results show that the tariff policy significantly influences both variables. Gold prices respond positively two weeks after the tariff announcement, while stock prices react negatively in the same week, rebound in the following week, and decline again in the second week. Furthermore, changes in gold prices significantly affect stock prices at the fourth lag, whereas changes in stock prices have no significant effect on gold prices. These empirical findings are consistent with the Efficient Market Hypothesis, Rational Expectations Theory, the Hedging and Safe Haven Asset Hypothesis, and the Asset Substitution Hypothesis. Overall, the study demonstrates that Indonesian investors respond rationally to global policy changes in line with financial market dynamics.
Analisis Pertumbuhan Ekonomi Regional Melalui Industri Kreatif: Studi Kasus Provinsi Sumatera Barat dengan Pendekatan Time Series Aisyah, Hesty; Wefielananda, Rahmi Afzhi; Alfajri, Refo; Kamal, Luthfi Ariq
Akuntansi & Ekonomika Vol 15 No 2 (2025): Jurnal Akuntansi dan Ekonomika
Publisher : Lembaga Penelitian dan Pengabdian Masyarakat (LPPM) Universitas Muhammadiyah Riau

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37859/jae.v15i2.9733

Abstract

The main focus is to assess the contribution of various creative industry sub-sectors to the Gross Domestic Product of West Sumatera from 2014 to 2023. Employing a quantitative method with time series statistical analysis, the study seeks to identify growth patterns and fluctuations in the sector's contribution to regional economic development. The research utilizes secondary data sourced from the Central Statistics Agency (BPS) and annual reports from relevant provincial agencies. The findings are expected to illustrate the creative industry’s contribution to economic growth and highlight the sub-sectors with the greatest impact in strengthening a sustainable creative economy ecosystem. Moreover, the study aims to provide a scientific foundation for local governments in formulating more inclusive economic transformation strategies that align with local cultural strengths and adapt to developments in the digital era.
Mapping Macroeconomic Risks of Global Climate Policies: A Systematic Literature Review Rahmi Afzhi Wefielananda; Hesty Aisyah
Journal of Enterprise and Development (JED) Vol. 8 No. 1 (2026)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v8i1.15204

Abstract

Purpose: This study aims to map the macroeconomic risks arising from global climate policies in the international economics literature, identify transmission mechanisms, examine the role of climate policy uncertainty, and explore the thematic evolution of existing studies.Method: The study employs a Systematic Literature Review based on the PRISMA protocol, applied to Scopus-indexed articles using keywords related to macroeconomic climate risks and climate policy spillovers. From 82 initial documents, 33 core studies were selected and analyzed thematically and comparatively.Result: This research found that the macroeconomic risks of climate policies are transmitted through four main channels: energy and carbon markets, financial markets, international trade and exchange rates, and institutional and behavioral dimensions. Climate policy uncertainty increases volatility and extreme risks during market stress and triggers cross-sectoral and cross-country spillovers. The literature reveals that financial markets act as the primary mediator between climate policies and macroeconomic stability, while the exchange rate channel operates through changes in global energy prices. The thematic evolution shows a shift from environmental issues toward macroeconomic and financial stability, with a growing dominance of quantile and time-frequency approaches.Practical Implications for Economic Growth and Development: The study concludes that global climate policies constitute a key determinant of international macroeconomic stability and require an integrated analytical approach across markets and sectors to support sustainable growth and development.Originality/Value: This study reformulates global climate policy as a systemic macroeconomic risk architecture that integrates the energy, financial, trade, and institutional channels, which have previously been examined in a fragmented manner.
Co-Authors Alfajri, Refo Azry, Said Maulana Hesty Aisyah Hesty Aisyah Kamal, Luthfi Ariq Widyono Soetjipto