Indonesian Journal of Islamic Economics and Business
Vol. 10 No. 2 (2025): Indonesian Journal of Islamic Economics and Business

Nilai Ekonomi Islam: Degradasi Lingkungan, Kemiskinan, Modal Manusia, terhadap Pertumbuhan Ekonomi Indonesia. Hipotesa Kuznetz

Damayanti, Alfina Damayanti (Unknown)
Iryana, Wahyu (Unknown)
Rahman, Taufiqur (Unknown)



Article Info

Publish Date
15 Dec 2025

Abstract

This study analyzes the influence of environmental degradation, poverty, and human capital on Indonesia’s economic growth from 2001 to 2024 using the Vector Error Correction Model (VECM). The results indicate a long-term equilibrium among variables, where environmental degradation and poverty positively and significantly affect economic growth, while human capital has a negative and significant effect. These findings suggest that Indonesia’s growth still relies on natural resource exploitation and faces challenges in optimizing human capital quality. In the short run, no significant relationships are found, implying that impacts occur cumulatively over time. The results support the Environmental Kuznets Curve (EKC) hypothesis, showing that early-stage economic growth is often accompanied by inequality and environmental decline. From an Islamic economic perspective, sustainable and just development should be pursued in line with maqāṣid al-sharī‘ah, emphasizing balance, justice, and responsible resource management.

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Journal Info

Abbrev

ijoieb

Publisher

Subject

Religion Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Indonesian Journal of Islamic Economics and Business E-ISSN: 2540-9506 P-ISSN: 2540-9514 is the journal that concerns to publish broader issues on Islamic Economics and Business. It based on the presupposition that Islamic economics and Business is still on going process to be established. There is ...