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All Journal AKADEMIK: Jurnal Mahasiswa Ekonomi & Bisnis Journal of Social And Economics Research Inkubis: Jurnal Ekonomi dan Bisnis JEKP (Jurnal Ekonomi dan Keuangan Publik)
Arina Romarina
Institut Pemerintahan Dalam Negeri
Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Social Sciences

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The Efficiency-Equity Frontier: Optimal Allocation of Village Funds In Indonesia's Decentralized Governance Framework Wildan Maulana Assani Mualim; Ira Meiyenti; Arina Romarina; Ardieansyah Ardieansyah
Inkubis : Jurnal Ekonomi dan Bisnis Vol. 8 No. 1 (2026): INKUBIS Jurnal Ekonomi Dan Bisnis
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59261/inkubis.v8i1.169

Abstract

Background: Indonesia's Village Fund (Dana Desa) has disbursed Rp 608.9 trillion (≈ USD 35.8 billion) to 75,753 villages since 2015, yet whether this fiscal transfer simultaneously advances efficiency and equity in rural development remains an open empirical question. Spatial interdependencies among villages and heterogeneous local institutional capacities are rarely accounted for in existing evaluations. Objective: This study examines how Village Fund allocations navigate the efficiency–equity trade-off across Indonesian villages, quantifies spatial spillover effects on regional development outcomes, and develops evidence-based allocation algorithms to simultaneously advance efficiency and equity. Methods: We apply a Bayesian Spatial Durbin Model integrated with Generalized Random Forests to a balanced panel of 674,649 village-year observations (2015–2023). Identification draws on difference-in-differences with propensity score matching, regression discontinuity at population thresholds, and instrumental variables using pre-treatment geographic characteristics. Results: A 1% increase in Village Fund allocation reduces rural poverty by 0.152–0.183%, though this effect is contingent on local institutional capacity, with significantly larger gains among villages exceeding a capacity threshold of 0.65. Significant spatial spillovers (β = −0.089) indicate that investment in each village generates indirect poverty-reducing benefits for neighboring villages.The model explains 42.3% of outcome variation (R² = 0.423). Conclusions: The Village Fund considerably reduces rural poverty, but effectiveness is circumscribed by local institutional capacity—not merely village or fund size. Policymakers should prioritize capacity-building before scaling up allocations, and adopt performance-based formula adjustments that capitalize on spillover dynamics across village clusters.
Asosiasi antara Intensitas Alokasi Dana Desa dengan Ketimpangan Pendapatan dan Akses Air Bersih (SDG 6.1) Di Indonesia: Aplikasi Continuous Difference-In-Differences (2015-2022) Wildan Maulana Assani Mualim; Adhimas Krisnaya Arrasya; Muhammad Fachriansyah; Muhammad Atha Devanta; Arina Romarina
AKADEMIK: Jurnal Mahasiswa Ekonomi & Bisnis Vol. 6 No. 1 (2026): AKADEMIK: Jurnal Mahasiswa Ekonomi & Bisnis
Publisher : Perhimpunan Sarjana Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37481/jmeb.v6i1.1712

Abstract

Income inequality and unequal access to safe drinking water remain persistent challenges in Indonesia’s rural development agenda, despite substantial fiscal transfers through the Village Fund Program since 2015. This study aims to examine how variations in Village Fund allocation intensity influence income inequality and access to safe drinking water (SDG 6.1) across 514 districts from 2015 to 2022. Using a continuous difference-in-differences framework, the analysis integrates panel data from the Ministry of Villages, the Central Bureau of Statistics, and the World Bank, while controlling for demographic, fiscal, and policy heterogeneity. The findings indicate that a one-standard-deviation increase in per-capita Village Fund allocation is associated with a 0.015-point reduction in the Gini coefficient and a 0.26-percentage-point increase in access to safe drinking water. Although the magnitudes are modest, the effects are statistically significant and stronger in regions with higher institutional capacity. These results highlight the need for improved targeting, institutional strengthening, and cross-sectoral coordination to enhance the Village Fund’s contribution toward inclusive and sustainable development.
Monetary Policy Transmission and Economic Growth in Indonesia: An Error Correction Model Analysis, 2000-2023 Farhan Firdaus; Nicholas Agustinus Napitupulu; Muhammad Farhan; Wildan Maulana Assani Mualim; Arina Romarina
AKADEMIK: Jurnal Mahasiswa Ekonomi & Bisnis Vol. 6 No. 1 (2026): AKADEMIK: Jurnal Mahasiswa Ekonomi & Bisnis
Publisher : Perhimpunan Sarjana Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37481/jmeb.v6i1.1799

Abstract

Indonesia’s economic performance over the past two decades has been shaped by persistent monetary fluctuations, particularly in inflation, policy interest rates, and the Rupiah exchange rate. These dynamics have contributed to recurring volatility in output and created challenges for maintaining stable and inclusive growth. This study aims to examine both the short-run and long-run effects of key monetary variables inflation, the BI policy rate, and the exchange rate on Indonesia’s economic growth during 2000-2023. Using annual macroeconomic data from BPS and Bank Indonesia, the analysis employs an Error Correction Model (ECM) to capture long-term equilibrium relationships and to identify adjustment patterns following short-term shocks. The results indicate a stable long-run cointegrating relationship among the variables. Inflation and the policy rate exert significant negative effects on economic growth, with their long-run impacts being stronger than their short-run influences. In contrast, Rupiah depreciation shows a modest but positive long-run association with growth, reflecting the role of external competitiveness. The error-correction term demonstrates a meaningful and gradual adjustment toward long-run equilibrium, suggesting that deviations from stability are corrected over time. Overall, the findings highlight the importance of maintaining credible price stability, calibrating interest-rate decisions carefully, and managing exchange-rate movements to support sustainable economic expansion. The study underscores that consistent and coordinated monetary policy remains essential for strengthening Indonesia’s long-term growth resilience.
Optimalisasi Penerapan Sistem Informasi Pemerintahan Daerah Dalam Meningkatkan Kualitas Laporan Keuangan di Kabupaten Gianyar Kadek Prawira Wahyudi; Ayu Widowati Johannes; Marja Sinurat; Arina Romarina
JEKP (Jurnal Ekonomi dan Keuangan Publik) Vol. 11 No. 1 (2024): JEKP (Jurnal Ekonomi dan Keuangan Publik)
Publisher : Program Studi Keuangan Publik

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33701/jekp.v11i1.4381

Abstract

ABSTRACT This research aims to determine the optimization of the implementation of the Regional Government Information System (SIPD) in improving the quality of regional government financial reports in increasing the use of SIPD so that it can improve the quality of regional government financial reporting in Gianyar Regency. This research design is qualitative research using descriptive methods. Data collection techniques use three methods, namely observation, interviews and documentation. The data that has been collected is analyzed according to the Miles and Huberman analysis model, which includes data reduction techniques, data presentation, and drawing conclusions. The theoretical basis that researchers use in this research is to use the theory according to DeLone and McLean with six key elements. System quality, information quality, service quality, intensity of use, user satisfaction and net benefits. Keywords: Information System, Report Quality, Regional Government Financial Reports ABSTRAK Penelitian ini bertujuan untuk mengetahui optimalisasi penerapan Sistem Informasi Pemerintahan Daerah (SIPD) dalam meningkatkan kualitas laporan keuangan pemerintah daerah dalam meningkatkan pemanfaatan SIPD sehingga dapat meningkatkan kualitas pelaporan keuangan pemerintah daerah di Kabupaten Gianyar. Desain penelitian ini adalah penelitian kualitatif dengan menggunakan metode deskriptif. Teknik pengumpulan data menggunakan tiga cara yaitu observasi, wawancara, dan dokumentasi. Data-data yang telah terkumpul dianalisis sesuai model analisis Miles dan Huberman, yang mencakup teknik reduksi data, penyajian data, dan pengambilan kesimpulan. Landasan teori yang peneliti gunakan dalam penelitian ini adalah dengan menggunakan teori menurut DeLone dan McLean dengan enam elemen kunci. Kualitas sistem (system quality), kualitas informasi (information quality), kualitas layanan (service quality), intensitas penggunaan (intention to use), kepuasan pengguna (user satisfaction), serta manfaat bersih (benefit). Kata Kunci: Sistem Informasi, Kualitas Laporan, Laporan Keuangan Pemerintah Daerah
KAPASITAS FISKAL TERHADAP PERUBAHAN RESILIENSI SEKTOR PARIWISATA DALAM MENGHADAPI ANCAMAN KRISIS IKLIM DI KOTA SINGKAWANG Luthfi Azhari; Nashifah Dzatira Khalishah; Adieb Nur Ihsan; Nadya Azzahra; Arina Romarina; Ardieansyah
Journal of Social and Economics Research Vol 7 No 1 (2025): JSER, June 2025
Publisher : Ikatan Dosen Menulis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54783/jser.v7i1.1063

Abstract

Kota Singkawang adalah sebuah destinasi pariwisata pesisir yang sedang berkembang di Kalimantan Barat, menghadapi ancaman ganda dari krisis iklim terutama kenaikan permukaan air laut dan banjir rob dan keterbatasan kapasitas fiskal untuk mendanai adaptasi yang memadai. Penelitian ini menganalisis hubungan kausal antara kapasitas fiskal Pemerintah Kota Singkawang dengan tingkat resiliensi sektor pariwisatanya. Menggunakan pendekatan metode campuran, penelitian ini mengintegrasikan analisis kuantitatif terhadap data Anggaran Pendapatan dan Belanja Daerah (APBD) dan Produk Domestik Regional Bruto (PDRB) periode 2019-2024 dengan analisis kebijakan kualitatif terhadap dokumen perencanaan daerah (RPJMD, Renstra). Hasil analisis menunjukkan adanya kesenjangan signifikan antara kebutuhan investasi untuk infrastruktur pariwisata berketahanan iklim dengan alokasi anggaran aktual, yang dipengaruhi oleh kontribusi Pendapatan Asli Daerah (PAD) sektor pariwisata yang relatif kecil. Meskipun dokumen perencanaan telah mengidentifikasi risiko iklim, implementasinya dalam penganggaran masih bersifat reaktif dan parsial. Sebagai solusi, penelitian ini mengusulkan model pembiayaan inovatif yang terintegrasi, mencakup optimalisasi fiskal melalui climate budget tagging, pengembangan skema Kemitraan Pemerintah-Swasta (KPS) untuk aset pariwisata kritis, dan implementasi Pembayaran Jasa Lingkungan (PJL) berbasis ekowisata untuk mendanai konservasi pesisir.
Co-Authors Adhimas Krisnaya Arrasya Adieb Nur Ihsan Ardieansyah Farhan Firdaus Ira Meiyenti Johannes, Ayu Widowati Kadek Prawira Wahyudi Luthfi Azhari Marja Sinurat Muhammad Atha Devanta Muhammad Fachriansyah Muhammad Farhan Nadya Azzahra Nashifah Dzatira Khalishah Nicholas Agustinus Napitupulu Wildan Maulana Assani Mualim