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INDONESIA
Jurnal Ekonomi Pembangunan
Published by Universitas Sriwijaya
ISSN : 18295843     EISSN : 26850788     DOI : 10.29259/jep
Core Subject : Economy,
Economics, Econometrics & Finance
Jurnal Ekonomi Pembangunan is a peer-reviewed journal that provides a forum for scientific works pertaining to Development Economics. Published twice in a year (June and December). This Journal has p-ISSN 1829-5843, and e-ISSN 2685-0788. This journal was first published since June 2003 by the Department of Development Economics, Faculty of Economics, Universitas Sriwijaya. Editors receive manuscripts of unpublished paper contributions in other journals. JEP is expected to be used as a reference for academicians in writing a scientific, relevant, and dynamic article to enhance the new generation that is found in writing an academic paper.
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Articles 234 Documents
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Linkages between Sectors and Regions in the Aceh Economy Miftakhul Jannah; Eddy Junaidi
Jurnal Ekonomi Pembangunan Vol 20, No 2 (2022): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v20i2.18492

Abstract

This study analyzes the economy of Aceh not only based on the linkage between industries but also based on the linkage between regions. The analysis used forward linkages and backward links to determine the leading sectors in Aceh. The data used is secondary data from Indonesia's 2016 Inter-Regional Input Output (IRIO) based on domestic transactions at producer prices. The data is sourced from Statistics Indonesia. The study results show that the key sectors in Aceh are Electricity and Gas and Manufacturing. These sectors have the highest spreading power (backward linkage) and sensitivity (forward linkage) because they are in the first quadrant. In addition, inter-regional linkage analysis shows that the final demand shock in Aceh has a large output impact on DKI Jakarta, North Sumatera, and Riau. On the other hand, the economy of Aceh was affected by the final demand shock from several provinces on the island of Sumatra, namely North Sumatera, Bengkulu, West Sumatera, Jambi, and Sumatra Selatan. The policy implications that can be applied to increase labor skills and management in leading sectors will have a multiplier effect on other sectors and the cooperation between provinces in a special economic zone.
Does Globalization Worsen Environmental Quality in ASEAN Countries? Stannia Cahaya Suci; Vadilla Mutia Zahara; Rah Adi Fahmi Ginanjar; Cep Jandi Anwar
Jurnal Ekonomi Pembangunan Vol 20, No 2 (2022): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v20i2.19176

Abstract

The era of globalization, which is characterized by integration between economies, increases world output, but environmental damage becomes an important concern to achieve sustainable growth. Therefore, this study intends to estimate the impact of globalization in economic, social side and political terms together with the variables of GDP per capita, financial development and energy spending on carbon emissions and to prove the presence of Kuznets Environmental Curve Hypothesis in ASEAN using panel data over 2000-2019 period. The results of the study proved that globalization, especially social globalization, and energy consumption have role in escalating environmental damage. GDP per capita is found in the reduction of carbon emissions but financial development was discovered to have no significant impact on increasing carbon emissions. This study does not prove the presence of EKC. Hence, this proposes crucial implications for policy makers. These findings suggest that the policy makers to make sustainable energy development strategies while increasing regional income and economic development through globalization.
The Impact of Fiscal-Monetary Policy Interaction on the Indonesian Economy Chairani Fadhila Pravitasari; Insukindro Insukindro
Jurnal Ekonomi Pembangunan Vol 20, No 2 (2022): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v20i2.18586

Abstract

This study seeks to examine the interactions between fiscal and monetary policies and their impact on output and inflation in Indonesia from 2003:4 to 2018:4 using Structural Vector Autoregression (SVAR). It is important to investigate the coordination between both because overall macroeconomic policy framework requires a close coordination between monetary and financial policies. The variables utilized are government spending, debt, output gap, tax, inflation, interest rate, and exchange rate obtained from the Indonesian Ministry of Finance, the Indonesian Statistics, and Bank of Indonesia. Government spending as a proxy for fiscal policy and interest rate as a proxy for monetary policy have a strategic complement relationship, whereas tax revenue as a proxy for fiscal policy and interest rate as a proxy for monetary policy have a strategic substitutes relationship.
The Effect of Economic Growth, Fiscal Decentralization, Fiscal Stress, and Economic Openness on Regional Inequality Hanny Tri Putri; Didik Susetyo; Feny Marissa; Sukanto Sukanto
Jurnal Ekonomi Pembangunan Vol 20, No 2 (2022): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v20i2.19113

Abstract

Regional inequality is a phenomenon that occurs universally in all countries, regardless of their size and level of development. Regional inequality is basically caused by differences in the content of natural resources and demographic conditions in each region This study aims to determine the effect of economic growth, the degree of fiscal decentralization, fiscal stress, and economic openness on regional inequality between provinces in Sumatra during the 2010-2020 period. The method used in this study is the panel data regression analysis method using the Random Effect Model. The results showed that simultaneously economic growth, degree of fiscal decentralization, fiscal stress and economic openness influenced regional inequality. Partially, economic growth and the degree of fiscal decentralization have a negative but not significant effect on regional inequality, while fiscal stress has a positive but not significant effect on regional inequality, and economic openness has a positive and significant effect on regional inequality. The implication of this research is that local governments need to adopt policies to impose restrictions on exports and imports, such as barriers in the form of quotas or tariffs.

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