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Journal of Economics Research and Social Sciences
Published by Universitas Muhammadiyah Yogyakarta
ISSN : 27235319     EISSN : 27235327     DOI : 10.18196/jerss
Core Subject : Economy,
Economics, Econometrics & Finance
JERSS merupakan jurnal ilmiah yang dikelola Program Studi Ekonomi Fakultas Ekonomi dan Bisnis Universitas Muhammadiyah Yogyakarta. Jurnal ini berisikan penelitian-penelitian yang dilakukan oleh mahasiwa-mahasiswa dan berkolaborasi dengan para dosen dalam bidang studi ilmu ekonomi pembangunan. Pembahasan yang dilakukan dalam jurnal ini meliputi Ekonomi Moneter; Fiskal; Pariwisata; Sumberdaya Alam; Sumberdaya Manusia; Keuangan; Publik; dan lain sebagainya dalam lingkup studi ilmu ekonomi pembangunan.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 9 Documents
 1 
Search results for , issue "Vol. 10 No. 1: February 2026" : 9 Documents clear
Analysis of Socio-Economic Factors on Stunting in North Sibalaya Village Sigi District Paembonan, Laendatu; Suirlan, Rita
Journal of Economics Research and Social Sciences Vol. 10 No. 1: February 2026
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jerss.v10i1.26813

Abstract

Stunting is a problem for developing countries, which is a condition or state of a body that is short or very short based on height for age, also describes a state of chronic malnutrition and children affected by stunting require a relatively long time to develop and recover to normal levels. in a situation where the child's height is normal for his age. In Sigi District, North Sibalaya Village, in terms of handling stunting, several programs or activities are carried out, including providing additional food, conducting healthcare, providing outreach about the negative effects of stunting on children. The purpose of this study was to analyze the influence of the variables of mother's education, father's occupation, family income, mother's age, nutritional status on stunting in North Sibalaya Village. This research uses explanatory research method. The research sample consisted of 36 stunting toddler cases using purposive sampling technique. Data analysis used in this study used bivariate analysis through the Chi square test. The results showed that socio-economic factors (mother's education, father's occupation, family income, mother's age, nutritional status) had a significant relationship to stunting in North Sibalaya Village with a p-value <0.05.
The Effect of Governance, Education, and Economic Conditions on GDP in ASEAN Phandy, Angel; Yosal, Calista; Wilar, Felicia Brilianti; Putri, Telysia Tony; Adha, Wirdah Nur; Maichal, Maichal
Journal of Economics Research and Social Sciences Vol. 10 No. 1: February 2026
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jerss.v10i1.27087

Abstract

This study investigates the effect of governance, education, and economic conditions on GDP in eight ASEAN countries—Indonesia, Malaysia, Thailand, Singapore, the Philippines, Vietnam, Laos, and Cambodia—during the period 2006–2020. Governance is represented by the Corruption Perceptions Index and Ease of Doing Business indicators, while education and inflation are¬¬ used to reflect human capital and economic stability, respectively. Data were obtained from the World Bank and Transparency International. Using panel data regression, the study combined cross-sectional and time-series data. Based on the Chow test, the Common Effect Model (CEM) was identified as the most appropriate. Due to classical assumption violations, robust standard errors were employed to ensure reliable estimates. The results show that Ease of Doing Business, education, and inflation significantly influence GDP. An improved business environment and higher educational attainment contribute to economic growth, while controlled inflation ensures macroeconomic stability. Meanwhile, corruption showed no significant impact on GDP. The findings highlight the importance of improving governance quality, expanding access to quality education, and maintaining stable inflation to support sustained economic growth in ASEAN.
Innovation and Resilience in Philippine Cities: Post-Pandemic Economic Performance Through the CMCI Framework Estillore, Denmichael Neil C.; Medalla, Jerelyn B.
Journal of Economics Research and Social Sciences Vol. 10 No. 1: February 2026
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jerss.v10i1.28906

Abstract

This study assesses how innovation and resiliency, as measured through the City and Municipality Competitiveness Index (CMCI) framework, affect the Philippine Cities’ post-pandemic economic performance. A panel-corrected standard error regression analysis was employed to analyze data from 146 Philippine cities covering the period from 2022 to 2024. Findings show that innovation exert significant positive effect on economic performance. Specifically, intellectual property registration and internet services significantly increase LSIR, confirming the importance of digital access and knowledge-based growth. Conversely, startup facilities revealed a negative association, likely due to high operational costs and underdeveloped ecosystems in Philippine cities. Moreover, findings show that resiliency have significant negative effect on economic performance. This is likely due to costly resiliency projects that may misallocate resources, thereby burdening fiscal capacity and local economy. Additionally, resiliency sub-indicators such as land-use planning, disaster planning, and utilities can significantly enhance economic performance. However, excessive complexity and high costs for these may strain fiscal budgets and hinder local economies. Emergency infrastructure, early warning systems, and resilience-related employed population showed a negative effect due to high upfront costs and resource diversion from revenue-generating activities. Furthermore, promoting innovation and implementing efficient resilience strategies without straining local revenues are necessary for Philippine cities towards sustainable post-pandemic recovery.
P2P Lending's True Impact on the Money Supply: An ARDL Analysis of Inflation Volatility and Monetary Policy Response in Indonesia Valentina, Dila; Aji, Tony Seno
Journal of Economics Research and Social Sciences Vol. 10 No. 1: February 2026
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jerss.v10i1.28967

Abstract

This study investigates the influence of peer-to-peer (P2P) lending, inflation, and the central bank interest rate (BI Rate) on Indonesia's broad money supply (M2) from 2019 to 2024. Utilizing the Autoregressive Distributed Lag (ARDL) model, the analysis confirms a stable, long-term cointegrating relationship among the variables. The significant and negative error correction term indicates a rapid adjustment process of the money supply back towards its long-run equilibrium following any short-term deviations. The findings reveal distinct temporal effects. In the short term, P2P lending has a significant positive impact on the money supply, highlighting its role as an immediate source of liquidity. Conversely, the BI Rate demonstrates a powerful and highly significant short-term influence. Inflation, meanwhile, shows a marginally negative effect in the short run. When examining the long-term dynamics, the positive effect of P2P lending becomes statistically insignificant, suggesting its influence may not permanently alter the equilibrium level of the money supply. These results strongly support the endogenous money theory, positing that financial innovations like P2P lending actively participate in the money creation process outside of traditional banking channels. The study concludes that to maintain financial system stability amid ongoing digital transformation, it is crucial for regulators to expand macroprudential supervision to encompass fintech activities. Furthermore, it recommends the integration of non-bank credit variables into the monetary policy framework to ensure a more comprehensive and effective approach.
Strategic Management of Regional Disparities: Human Development Analysis of the Madura Islands Using GMM
Journal of Economics Research and Social Sciences Vol. 10 No. 1: February 2026
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jerss.v10i1.27145

Abstract

This study analyzes the factors influencing the Human Development Index (HDI) in the Madura Islands, focusing on the impacts of poverty, unemployment, household consumption expenditure, and Gross Regional Domestic Product (GRDP). The research employs a dynamic panel data model and the Generalized Method of Moments (GMM) using data from 2012 to 2021. This approach examines both short-term and long-term effects of the selected economic and social variables on HDI. Findings reveal that the previous year's HDI positively influences the current year's HDI, indicating strong persistence. High poverty and unemployment levels significantly negatively affect HDI, while household consumption expenditure is not significant. GRDP positively impacts HDI in the long term. Surprisingly, unemployment shows a short-term positive effect, suggesting the role of targeted social interventions. The study supports theories of cumulative causation and emphasizes the need for inclusive growth strategies. It provides valuable policy insights to enhance human development and address regional disparities in the Madura Islands. The results underscore the importance of sustained economic growth, high-quality public services, and targeted poverty-alleviation and employment policies.
Valuing Public Parks for Post-disaster Urban Recovery: Evidence from Rikuzentakata, Japan
Journal of Economics Research and Social Sciences Vol. 10 No. 1: February 2026
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jerss.v10i1.28944

Abstract

This study examines how an ordinary riverside park in a disaster-affected and shrinking city can be repositioned as social infrastructure supporting community recovery and urban resilience. Focusing on Kawahara River Park in Rikuzentakata, Japan, which was heavily damaged by the 2011 Great East Japan Earthquake, we conducted a contingent valuation survey with a stated-preference design to estimate residents’ and visitors’ willingness to pay (WTP) for park-based improvements such as events, cherry-tree planting, and preparedness facilities. Using multiple-bounded logit estimation, the study linked WTP outcomes to implementable policy choices for pricing and investment sequencing. The median WTP stabilized at JPY 1,600–1,700, interpreted as an upper bound for feasible fee levels. WTP increased significantly with event programming and symbolic landscape attributes (e.g., cherry-avenue scenery and community interaction), while hard preparedness facilities produced no additional WTP—consistent with the notion that safety infrastructure should be publicly financed. Based on these findings, the study proposes a phased policy portfolio: short-term event programming to strengthen local interaction and economic activity, followed by long-term investment in symbolic landscapes that sustain collective resilience. This research contributes to the literature by integrating disaster recovery, community resilience, and environmental valuation into a unified framework, demonstrating that even ordinary public parks can function as cost-effective social infrastructure for disaster risk reduction and sustainable urban recovery in resource-constrained regions.
Policy, Investment, and Organizational Readiness as Determinants of Electronic Medical Record Adoption in Primary Healthcare Clinics
Journal of Economics Research and Social Sciences Vol. 10 No. 1: February 2026
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jerss.v10i1.30240

Abstract

Indonesia mandated the implementation of Electronic Medical Records (EMR) in all healthcare facilities through Minister of Health Regulation No. 24 of 2022, requiring full adoption by December 31, 2023. However, variations in implementation across primary healthcare facilities remain evident. This study aimed to analyze factors associated with the level of EMR adoption in clinics at level-1 healthcare facilities in Bantul Regency, Indonesia. A quantitative cross-sectional study was conducted using structured questionnaires distributed to clinic officials in primary healthcare clinics that had implemented EMR systems. Data were collected from 51 respondents representing 35 clinics between January and February 2024. The variables examined included top management beliefs, top management participation, public policy, investment, and organizational performance. A multiple linear regression analysis in SPSS version 22 was conducted to examine the relationships between these variables and the EMR adoption rate. The findings show that top management beliefs, public policy, investment, and organizational performance are significantly associated with the EMR adoption rate. In contrast, top management participation does not demonstrate a statistically significant relationship with adoption levels. Among the examined variables, investment and public policy show the strongest influence, highlighting the importance of financial readiness and supportive regulatory frameworks in facilitating EMR implementation. EMR adoption in primary healthcare clinics is largely driven by policy support, organizational capacity, and investment in health information technology. Strengthening regulatory implementation, providing clearer guidance, and ensuring sustainable funding are essential to accelerate digital health transformation. Future research should examine broader implementation outcomes such as usability, workflow integration, and healthcare service quality.
Key Drivers of Sustainable Development in the Clay Roof Tile Industry of Sleman Regency
Journal of Economics Research and Social Sciences Vol. 10 No. 1: February 2026
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jerss.v10i1.30493

Abstract

The clay roof tile industry, a key subsector of small and medium enterprises (SMEs) in Sleman Regency, Indonesia, plays an important role in local economic development and employment. Despite its strategic significance, the industry has experienced declining productivity and a reduction in the number of business actors due to limited access to capital and technology, weak market competitiveness, and environmental degradation from raw material extraction. This study applies a systemic analytical approach using the MICMAC (Matrix of Cross-Impact Multiplication Applied to Classification) method to identify and examine direct and indirect interrelationships among 25 strategic variables across economic, technological, social, environmental, and institutional dimensions. The results reveal that environmental quality, capital constraints, and digital technology serve as primary upstream structural drivers shaping industrial sustainability. At the same time, institutional cohesion—particularly cooperatives and inter-actor relationships—acts as long-term systemic enablers. These drivers influence production efficiency, competitiveness, and environmental outcomes through complex interdependent pathways. The findings provide policy-relevant evidence for designing integrated development strategies that strengthen competitiveness, enhance resilience, and support sustainable industrial transformation. This study contributes to the literature on industrial cluster sustainability by demonstrating the value of a systems-based perspective for understanding structurally mediated sustainability dynamics in traditional manufacturing sectors.
Internet Access, Electricity Access, and Education Implications for MSMEs Productivity in Indonesia: Evidence from Dynamic Panel GMM
Journal of Economics Research and Social Sciences Vol. 10 No. 1: February 2026
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jerss.v10i1.30689

Abstract

This paper examines the relationship between access to digital infrastructure, basic utilities, and human capital and the productivity of Micro, Small, and Medium Enterprises (MSMEs) across Indonesian provinces using panel data from 2020 to 2024. A dynamic panel data approach employing the Arellano–Bond Generalized Method of Moments estimator is used to control for regional heterogeneity and address endogeneity issues. The results indicate that access to electricity is positively correlated with MSME productivity in the short run, highlighting its role as a basic precondition for the smooth operation of daily business activities. In contrast, access to the internet does not significantly affect MSME productivity in the short run, suggesting that digital readiness requires sufficient time for adaptation to translate into productivity gains. Moreover, average years of schooling are negatively correlated with short-run MSME productivity, potentially reflecting a transitional effect as more educated individuals are more likely to move toward formal employment. Diagnostic tests confirm the robustness of the results, with no evidence of weak instruments or second-order serial correlation. Overall, the findings suggest that while improvements in electricity access are important for short-run MSME productivity, long-run regional productivity differences are more strongly influenced by digital readiness and the effective deployment of human capital within the MSME sector. Accordingly, policy interventions should extend beyond the provision of basic utilities and focus on enhancing digital readiness and the effective utilization of human capital.

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