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 152 Documents
The Effect of Inflation, Interest Rates, and the COVID-19 Pandemic on the Distribution of Banking Working Capital Loans in Indonesia Period 2017 – 2022 Mohamad Wicatri Ardyansah; Grisvia Agustin
Jurnal Dinamika Ekonomi Pembangunan Vol 7, No 2 (2024): AUGUST
Publisher : Faculty of Economics and Business, Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/jdep.7.2.107-119

Abstract

The provision of working capital loans to business actors can maintain economic stability, and the credit conditions of banks influence the policies carried out by companies, especially companies that depend on bank loans to fulfill their working capital. This study aimed to look at inflation, interest rates, and the COVID-19 pandemic in influencing the variable distribution of banking working capital loans in Indonesia. The research was conducted using a quantitative study with research methods, namely multiple linear regression and the COVID-19 pandemic as a dummy variable. From the research that has been done, there are 13 results, including a significant positive effect of inflation on bank working capital lending for the period 2017 - 2022. Then, other results show that the interest rate variable significantly negatively impacts bank working capital lending for 2017 - 2022. Meanwhile, the COVID-19 pandemic did not significantly affect bank working capital lending. Overall, the variables in the model, namely inflation, interest rates, and the COVID-19 pandemic, significantly influence the distribution of bank working capital loans in Indonesia.
Import Dependence and Employment Adjustment during Monetary Easing: Evidence from Indonesian Manufacturing Ardila Prihadyatama
Jurnal Dinamika Ekonomi Pembangunan Vol 9, No 1 (2026)
Publisher : Faculty of Economics and Business, Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/jdep.9.1.59-72

Abstract

This paper asks whether Indonesian manufacturing firms' reliance on imported inputs shaped their employment response to the 2019-2021 monetary easing episode, when Bank Indonesia cut its policy rate from 5.00 to 3.50 percent, and bank credit growth swung from a 2020 contraction to a 2021 recovery. Using establishment-level panel data from BPS Indonesia's (2022) Annual Survey of Large and Medium Manufacturing Industries, an event-study specification interacts firm-level import share with year indicators against a 2017 baseline. Import-dependent firms expand employment significantly more than their peers in 2021, a gap roughly three times the small pre-existing drift, robust to a wild cluster bootstrap. The effect concentrates in small, domestically owned, non-exporting firms, the firms with the least alternative financing access, while capital stock shows no differential response. A direct mechanism test on materials purchases does not show the same divergence, and a continuous specification using actual monetary conditions suggests a threshold effect tied to the depth of the easing episode rather than a smooth function of the policy rate. The paper discusses these complications, its principal limitation (a missing 2020 survey wave), and implications for targeting credit policy at trade-exposed manufacturing firms.