cover
Contact Name
-
Contact Email
-
Phone
-
Journal Mail Official
-
Editorial Address
-
Location
Kota semarang,
Jawa tengah
INDONESIA
JURNAL DINAMIKA EKONOMI PEMBANGUNAN
Published by Universitas Diponegoro
ISSN : 20892489     EISSN : 26203049     DOI : -
Core Subject : Economy,
Jurnal Dinamika Ekonomi Pembangunan published by Department of Economics and Development Studies Faculty of Economics and Business, Diponegoro University. Jurnal Dinamika Ekonomi Pembangunan published three times a year contains scientific articles that discuss state of the art theory and empirical studies in economics and development studies issues. The goal is to exchange ideas and knowledge among academics, researchers, government, and practitioners in economics and development studies. In addition to scientific articles, Jurnal Dinamika Ekonomi Pembangunan also receives articles containing conceptual ideas and policy discussions from academics, researchers, government, and practitioners.
Arjuna Subject : -
Articles 5 Documents
Search results for , issue "vol 8, no 3 (2025)" : 5 Documents clear
Pengaruh Utang Sektor Publik terhadap Pertumbuhan Ekonomi di Indonesia: Pendekatan VECM Periode 2004-2023 Hanaldo Hanaldo; Nugroho Suryo Bintoro
Jurnal Dinamika Ekonomi Pembangunan Vol 8, No 3 (2025)
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/jdep.8.3.173-190

Abstract

This study aims to analyze and provide additional empirical evidence on the long-term impact of public debt and budget deficits on economic growth in Indonesia between 2004 and 2023, using the Vector Error Correction Model (VECM). The simultaneous rise in public debt and budget deficits may lead to a potential long-term threat to economic growth. This study addresses a gap in the literature by examining the interaction among three key variables—public debt, budget deficits, and economic growth—over the long term (2004–2023) through the VAR-VECM approach, utilizing the most recent data available up to 2023. Using Indonesia’s time-series data from 2004 to 2023 as the study population, the analysis demonstrates a significant impact of public debt on economic growth, thereby confirming the proposed hypothesis. These findings highlight important policy implications, particularly the need to control public debt as a key factor in sustaining long-term economic growth.
Women's Political and Economic Participation: Implications for the Gender Development Index in Java Elsye Elviana; Deden Dinar Iskandar
Jurnal Dinamika Ekonomi Pembangunan Vol 8, No 3 (2025)
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/jdep.8.3.191-202

Abstract

Inclusive and gender-equitable development is a key objective of Sustainable Development Goal 5 (SDG 5). Despite being the center of Indonesia's economic growth, gender disparities persist across districts and municipalities in Java. This study examines the influence of women's participation in parliament and the labor marker on the Gender Development Index (GDI) in Java during 2017-2023. Women's participation is measured by Women's Parliamentary Representation (KPP) and Women as Professionals (PTP). Maternal Mortality Rate (MMR) and the proportion of women aged 25 and above with at least upper secondary education (PEND) represent health and education dimensions, while Gross Regional Domestic Product (GRDP) serves as a control variable. Using panel data with a Fixed Effect Model, the results show that KPP, PTP, and MMR have no significant effect on GDI, while PEND and GRDP have significant positive effects, highlighting the importance of education and regional economic capacity in supporting gender development.
When ESG Meets Sharia: Does Sharia-Compliant Strengthen Financial Stability? Imas Hasanah; Abdul Qoyum
Jurnal Dinamika Ekonomi Pembangunan Vol 8, No 3 (2025)
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/jdep.8.3.203-219

Abstract

This study addresses the ongoing debate regarding whether Environmental, Social, and Governance (ESG) activities enhance firm financial stability, particularly in emerging markets where institutional and religious factors may shape this relationship. In addition, this research wants to know does Sharia-compliant states have an impact on the relationship between ESG activities and financial stability. By using 27 samples of companies during the period 2009-2019, this study estimates a two-step system GMM dynamic panel data model. The findings indicate that Sharia-compliant status exerts a selective and dimension-specific moderating effect on the relationship between ESG activities and financial stability. Although the ESG composite index demonstrates a direct positive association with financial stability, its interaction with Sharia compliance is negative and statistically significant. This suggests that aggregated ESG measures may mask the distinct legitimacy mechanisms that are particularly relevant for Sharia-compliant firms. Further disaggregated analysis reveals that Sharia-compliant significantly strengthens the positive effects of social and governance index on financial stability, reflecting a strong alignment between Islamic ethical principles and stakeholder expectations. In contrast, the moderating effect of Sharia-compliant on the environmental index is statistically insignificant to financial stability. Furthermore, these findings have important implications for investors, regulators, and companies in integrating ESG and Sharia values into corporate risk management and sustainability strategies.
Determinant Analysis for Food SecurityEmpirical Study in Central Java Province Suparjito Suparjito; Wahyu Widodo; Bayu Andy Prasetya; Mahfud Mahfud; Hasan Fauzi
Jurnal Dinamika Ekonomi Pembangunan Vol 8, No 3 (2025)
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/jdep.8.3.221-241

Abstract

This study examines the determinants of food security in Central Java Province, with a particular  focus  on  the  role  of  regional  fiscal  capacitywithinthe  context  of  fiscal decentralization. Despite strong aggregate food production, disparities in welfare indicate unresolved structural challenges, highlightingthe need to better understand macro-level drivers  of  food  security  at  the  regional  level.  This  research  employs  panel  data  of  35 regencies/cities over the period 2019-2023 and applies a Fixed Effects Model (FEM) to controlfor unobserved heterogeneity. The analysis incorporates key variables, including agricultural  productivity,  per  capita  income,  poverty  rate,  education  level,  food  prices, and regional fiscal capacity.The estimation results show that fiscal capacity, per capita income, agricultural productivity, and education have a positive and significant effect on food  security,  while  poverty  and  food  prices  exert  a  negative  influence.  Among  these factors, fiscal capacity demonstrates a statistically significant contribution, confirming its role as an important enabler in strengthening regional food security. These findings imply that food security is shaped by an integrated interaction of economic, social, and fiscal factors.  Strengthening  regional  fiscal  capacity,  alongside  poverty  reduction,  human capital improvement, and food price stabilization, is essential to achieve sustainable food security. This study contributes to the limited empirical literature by providing one of the first   panel-based   analyses   at   the   regency/city   level   in   Indonesia   that explicitly incorporates fiscal capacityas a determinant of food security.
Analyze Digital Economic Transformation to Increase Economic Growth in ASEAN-6 Countries Zulfatun Nisa; Wiwin Indrayanti
Jurnal Dinamika Ekonomi Pembangunan Vol 8, No 3 (2025)
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/jdep.8.3.243-260

Abstract

The advent of digital technologies such as e-commerce and electronic payment systems has radically changed business operations and consumer involvement, making digital transformation a crucial factor for competitiveness and efficiency in the ASEAN market in the context of globalization. ASEAN countries are responding to the growth of the digital economy by carrying out transformations. This study investigates the impact of digital economy transformation, Foreign Direct Investment (FDI), exports, and Consumer Price Index (CPI) on economic growth in ASEAN-6 countries. This research used secondary data from Indonesia, Malaysia, Singapore, the Philippines, Thailand, and Vietnam in the period of 2015 to 2024. The method used was a fixed-effects panel data model with standard errors and Cross-Section Weight-Cross-Section SUR (PSCE) covariances. This differs from previous research that uses measures of digital infrastructure such as broadband subscriptions, internet penetration and mobile technology as proxies for the digital economy. This study original as it measures the digital economy using Gross Merchandise Value (GMV) a direct indicator of digital economic output, rather than digital access or readiness. This technique gives a clearer picture of how the actual size of digital economic activity compares to economic development in ASEAN. The results of the study suggest that the digital economy and FDI have no substantial effect on economic growth, whereas exports and CPI have a considerable beneficial impact.

Page 1 of 1 | Total Record : 5