Economic Education and Entrepreneurship Journal
Vol 5, No 1 (2022): Economic Education and Entrepreneurship Journal (E3J)

Effect of Timber, Palm Oil, and Gold Output on GNI in Indonesia in the Maqashid Framework

Sulistya Rusgianto (Faculty of Economics and Business, University of Airlangga)
Akhmad Kusuma Wardhana (Faculty of Economics and Business, University of Airlangga)
Hasna Fauziana (Faculty of Economics and Business, University of Airlangga)



Article Info

Publish Date
01 Apr 2022

Abstract

This study had a purpose to observe if the natural resources production had a significant impact on GNI of Indonesia. this study also observed if the management of natural resources in Indonesia has been appropriate based on maqashid sharia principle.  This study used secondary data gathered from Faostat for palm oil and Roundwood coniferous production, and the world bank for data about gross national income (GNI) and total gold reserved. The data was collected using purposive sampling from Indonesia, starting from 1970 to 2019. The data were analyzed using vector error correction model method and processed by Eviews version 10. The result showed that palm oil and Roundwood coniferous productions had no significant effect to GNI. However, ouput of gold production had a significant effect to GNI of Indonesia. This study also showed that in the case of palm oil and Roundwood production, the way they had obtained was not appropriate according to the principle of maqashid sharia. In the case of palm tree plantation, the plantation could damage the nature and affect the social economy of the local people. In the case of Roundwood coniferous production, there was may illegal logging to increase the output. 

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Journal Info

Abbrev

E3J

Publisher

Subject

Economics, Econometrics & Finance Education Social Sciences

Description

Economic Education and Entrepreneurship Journal atau Jurnal Pendidikan Ekonomi dan Kewirausahaan ISSN 2579-5902(p) adalah wadah informasi dan publikasi penelitian atau gagasan peneliti, dosen, guru, praktisi pendidikan, pengambil kebijakan, pemerhati pendidikan dan mahasiswa di bidang pendidikan, ...