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Mohammad Rofiuddin
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Nur Science Institute Jl. Abdul Majid Cabean Mangunsari Sidomukti, Salatiga, Jawa Tengah
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INDONESIA
Journal of Economics Research and Policy Studies
Published by Nur Science Institute
ISSN : -     EISSN : 27978141     DOI : https://doi.org/10.53088/jerps
Core Subject : Economy,
Economics, Econometrics & Finance
Journal of Economics Research and Policy Studies [2797-8141] is a scientific journal that contains the results of theoretical research and studies on economics issues. The focus of this journal article is Economics, Economic Entrepreneurship, and start-up, development economics, monetary and fiscal policies, Islamic finance, international and regional economics, institutional economics, and tourism economics, agriculture economics, labor economics, behavioral economics, environmental economics, SMEs financing, feasibility studies, community empowerment, coastal economics, Islamic economics, Cognitive economics, Law and Economics, Social and Economic Statistics, Econophysics, Economics of Entrepreneurship, and Political Economics.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 152 Documents
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Tourism sector and regional own-source revenue: A panel data analysis of six provinces in Java Island, Indonesia Wirawan, Hanan Afif; El Hasanah, Lak lak Nazhat
Journal of Economics Research and Policy Studies Vol. 5 No. 2 (2025): Journal of Economics Research and Policy Studies
Publisher : Nur Science Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53088/jerps.v5i2.2171

Abstract

This study aimed to analyze the influence of the tourism sector on Regional Original Revenue (PAD) in six provinces on Java Island from 2019 to 2023. The independent variables included the number of hotels, the number of restaurants, and the number of tourism workers, while the dependent variable was Regional Original Revenue (PAD). A quantitative approach was applied using panel data regression. Based on the Chow and Hausman tests, the Fixed Effect Model was selected as the most appropriate. The results showed that the number of hotels had a negative and significant effect on regional revenue, while the number of restaurants had no significant effect. Conversely, the number of tourism workers had a positive and significant impact. These findings indicated that hotels without effective management and optimal occupancy levels may hinder their contribution to regional income. At the same time, the tourism labor sector played a key role in enhancing revenue. This study offered strategic input for local governments in formulating sustainable tourism development policies aimed at strengthening regional income.
Hubungan antara investasi asing langsung tehadap indeks harga perdagangan besar di Indonesia: Pendekatan model persamaan simultan Lubis, Najma Azhira; Rangkuty, Dewi Mahrani; Efendi, Bakhtiar; Sari, Wahyu Indah
Journal of Economics Research and Policy Studies Vol. 5 No. 2 (2025): Journal of Economics Research and Policy Studies
Publisher : Nur Science Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53088/jerps.v5i2.2083

Abstract

This study was conducted to examine the relationship between Foreign Direct Investment and the Wholesale Trade Price Index in Indonesia, and assess how export-import, Gross Domestic Product, import duties, and export tariffs also affect the dynamics of the relationship. Using a simultaneous equation model approach and the Two Stage Least Squares (TSLS) estimation method, this study utilizes time series data from 2007 to 2024. The results of the analysis show that the Wholesale Price Index has a significant negative impact on Foreign Direct Investment. At the same time, the influence of Export-Import and Export-Import_LAG1 on Foreign Direct Investment is not proven to be significant. On the other hand, the variables of Gross Domestic Product, import duties, export tariffs, and Foreign Direct Investment together have a significant influence on Export-Import. The value of the determination coefficient in the Export-Import model indicates a higher explanatory power than the Foreign Direct Investment model. These findings confirm that the stability of major trade prices and the strengthening of macroeconomic policies are indispensable to attracting foreign investment and boosting international trade activities.
Linking economic and digital indicators to human development: Evidence from eastern Indonesia Andini, Devi; Herlitah, Herlitah; Pratama, Aditya
Journal of Economics Research and Policy Studies Vol. 5 No. 2 (2025): Journal of Economics Research and Policy Studies
Publisher : Nur Science Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53088/jerps.v5i2.1871

Abstract

This study aims to analyze the effect of the Provincial Minimum Wage (UMP), Gross Regional Domestic Product (GRDP), and the Information and Communication Technology Development Index (ICT-Dev Index) on the Human Development Index (HDI) in Eastern Indonesia. This research employs a quantitative approach with panel data regression analysis. The study uses secondary panel data from 13 provinces in Eastern Indonesia for the period 2019–2023, obtained from Statistics Indonesia (BPS) and the Ministry of Manpower of the Republic of Indonesia. The results show that the UMP has a positive and significant effect on HDI, GRDP has a negative and insignificant effect on HDI, while the ICT-Dev Index has a positive and significant impact on HDI. Simultaneously, UMP, GRDP, and the ICT-Dev Index have a positive and significant effect on HDI. The coefficient of determination indicates that 99.01% of the variation in HDI can be explained by UMP, GRDP, and the ICT-Dev Index, while the remaining 0.99% is influenced by other factors not examined in this study.
Sociodemography effect on digital financial inclusion in Indonesia: Evidence from the World Bank’s Global Findex Andriyani, Nur; Salam, Annisa Nur; Aisyah, Siti; Nugraha, Handy
Journal of Economics Research and Policy Studies Vol. 5 No. 3 (2025): Journal of Economics Research and Policy Studies
Publisher : Nur Science Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53088/jerps.v5i3.2013

Abstract

Digital financial inclusion is an effective and efficient measure in accelerating financial inclusion, including in Indonesia. This study aims to analyze sociodemographic factors on the probability of digital payment usage. The data used comes from the World Bank Gallup World Poll Survey 2021 on the Global Financial Inclusion Index released by the World Bank, with 1,062 respondents. By applying logistic regression, this study explores the influence of sociodemographic factors such as gender, education, income, age, place of residence, and internet access on the probability of using digital payments. The results show an imbalance in gender, with women having a higher likelihood of using digital payments. Additionally, higher education and income levels increase the likelihood of using digital payments. However, there is an inconsistency where higher income actually reduces the likelihood of using digital payment services. On the other hand, there is a disparity in opportunities between individuals living in rural and urban areas and in accessibility to the internet. The U-shaped hypothesis regarding the relationship between age and digital payment usage is proven in this study. Overall, the results show that individuals with higher sociodemographic status are more likely to use financial technology.
Dampak ekspor, impor, dan nilai tukar petani terhadap pertumbuhan ekonomi di Jawa Tengah dengan indeks harga konsumen sebagai variabel moderasi Indriyani, Lia; Iskandar, Iskandar
Journal of Economics Research and Policy Studies Vol. 5 No. 3 (2025): Journal of Economics Research and Policy Studies
Publisher : Nur Science Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53088/jerps.v5i3.1809

Abstract

This study aims to examine the impact of Exports, Imports, and the Farmers' Exchange Rate on Economic Growth in Central Java Province during 2016-2023, with the Consumer Price Index (CPI) as a Moderating Variable. The method used in this study is a quantitative approach, using secondary data from the BPS publication website in the form of time-series data. The data used consist of monthly records from 2016 to 2023, totaling 96 observations. The data analysis method employed is multiple linear regression analysis with Moderated Regression Analysis (MRA). The results of this study indicate that exports, imports, and the Consumer Price Index have a positive and significant effect on economic growth. In contrast, the farmers' exchange rate has a positive but insignificant effect. Furthermore, the Consumer Price Index has been shown to moderate the negative impact of exports and imports on economic growth. However, it does not moderate the adverse effect of the farmers' exchange rate.
Determinants of poverty levels in Indonesia: The roles of economic growth, HDI, and unemployment Prehatin, Dian; Choiri, Miftakhul
Journal of Economics Research and Policy Studies Vol. 5 No. 3 (2025): Journal of Economics Research and Policy Studies
Publisher : Nur Science Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53088/jerps.v5i3.1877

Abstract

Poverty remains a major challenge that impedes sustainable development in Indonesia. Although a range of poverty alleviation programs has been implemented, reductions in the poverty rate have not been as substantial as expected. This condition suggests that economic growth and improvements in quality of life have not fully reached vulnerable groups, highlighting the need for empirical analysis to identify the factors shaping poverty levels. This study examines the effects of economic growth, the Human Development Index (HDI), and the unemployment rate on poverty in Indonesia. The study uses a quantitative approach with secondary time-series data from 2011 to 2023 obtained from Statistics Indonesia (BPS). Multiple linear regression is applied to test the relationships among variables. The findings indicate that economic growth and unemployment do not have a statistically significant effect on poverty levels in Indonesia. In contrast, HDI has a significant effect on poverty, underscoring the importance of improving human development through education, health, and a decent standard of living as a key pathway for poverty reduction.
Kontribusi fiskal daerah terhadap peningkatan kesejahteraan masyarakat: Studi Kasus Provinsi Jawa Tengah Kusmawati, Zulianissa Diah; Atsnaa, Naila Tamaamil; Masruroh, Umi; Astuti, Puji; Indrawati, Lucia Rita; Rahmah, Syifaur
Journal of Economics Research and Policy Studies Vol. 5 No. 3 (2025): Journal of Economics Research and Policy Studies
Publisher : Nur Science Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53088/jerps.v5i3.2016

Abstract

The main problem of this study lies in how fiscal contributions through local taxes, transfers, and expenditures can genuinely enhance community welfare. In fact, the effectiveness of public fund utilization has not been optimal, resulting in a less-than-maximum impact on human development. This study aims to analyze the contribution of regional fiscal policy to improving community welfare in Central Java Province during the 2021–2023 period. The Human Development Index (HDI) is used as an indicator of welfare, focusing on the effects of regional taxes, intergovernmental transfers, and regional expenditures. A quantitative approach is employed using panel data regression analysis with the Fixed Effect Model (FEM). The results show that simultaneously, all three independent variables have a significant effect on the HDI. However, partially, only regional taxes and regional expenditures significantly influence the HDI, while intergovernmental transfers do not have a significant effect. These findings indicate that the effectiveness of public fund utilization has not yet been optimal in supporting human development. Therefore, more targeted fiscal management is needed to ensure that fiscal outcomes have a real impact on community welfare.
Perdagangan dan pertumbuhan di RCEP: Ekspor vs impor terhadap produk domestik bruto Aisyi, Faisha Aprilia Riskiyah; Putra, Windhu
Journal of Economics Research and Policy Studies Vol. 5 No. 3 (2025): Journal of Economics Research and Policy Studies
Publisher : Nur Science Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53088/jerps.v5i3.2039

Abstract

This study examines the effects of exports and imports on gross domestic product (GDP) in six member countries of the Regional Comprehensive Economic Partnership (RCEP) over 2013–2022. Using secondary data from the World Integrated Trade Solution (WITS), the analysis applies panel data regression to test the significance of trade variables for economic output. The results show that exports have a positive and statistically significant effect on GDP. This pattern is consistent with stronger global demand following the post-2008 recovery and the COVID-19 rebound, alongside a shift toward higher-value-added exports and improved export capacity, supported by strategic industrial policies and commodity downstreaming. In contrast, imports show a negative, though statistically insignificant, relationship with GDP. This weak import–GDP linkage is due to the dominance of consumer goods and processed oil and gas imports, limitations in domestic infrastructure and technological capacity, dependence on raw commodity exports, and the suboptimal orientation of trade policy.
Analysis determinant of poverty in the Barlingmascakeb regionalization: A panel data analysis Rozi, Muhammad Fahrur
Journal of Economics Research and Policy Studies Vol. 5 No. 3 (2025): Journal of Economics Research and Policy Studies
Publisher : Nur Science Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53088/jerps.v5i3.2169

Abstract

This study aims to examine the impact of Economic Growth, Open Unemployment Rate, Regional Minimum Wage, and Human Development Index on poverty levels within the Barlingmascakeb Region (Banjarnegara, Purbalingga, Banyumas, Cilacap, and Kebumen) during the period 2019–2023. A quantitative approach is employed using panel data regression analysis with the Fixed Effect Model (FEM). The study relies on secondary data sourced from the Central Bureau of Statistics of Indonesia. The findings reveal that collectively, the independent variables significantly influence the dependent variable. However, in partial analysis, Economic Growth and Unemployment exhibit a positive but statistically insignificant effect on poverty. In contrast, the Regional Minimum Wage has a positive and significant influence on poverty levels. Meanwhile, the Human Development Index demonstrates a significant negative effect on poverty. Additionally, the coefficient of determination test indicates that the independent variables collectively account for a substantial proportion of the variation in poverty levels. The integration of local cultural elements into visual design aims to strengthen students’ cultural literacy, as recommended in local wisdom-based learning.
Potret implementasi CSR dalam konteks laporan keberlanjutan: Studi kasus PT Vale Indonesia di Sorowako Tompunu, St. Nur’ Azizah; Tompunu, Azizah
Journal of Economics Research and Policy Studies Vol. 5 No. 3 (2025): Journal of Economics Research and Policy Studies
Publisher : Nur Science Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53088/jerps.v5i3.2233

Abstract

This study examines the gap between sustainability narratives in PT Vale Indonesia’s 2024 Sustainability Report and the socio-environmental realities surrounding its CSR practices in Sorowako, Indonesia. The research employs a descriptive qualitative approach based on document study, comparing the company’s report with documents from civil society organizations. Legitimacy theory and stakeholder theory frame the analysis to interpret how the sustainability image is constructed and how stakeholder expectations are addressed. Findings reveal three key gaps: limited and non-representative community participation, minimal disclosure of unresolved ongoing environmental impacts, and CSR programs predominantly oriented toward activities rather than long-term socio-economic benefits for local communities. The results indicate that the company’s sustainability reporting remains largely affirmative and procedural, while external documents emphasize persistent ecological risks and unmet public expectations. This study recommends enhanced transparency of mining impact disclosures, broader and inclusive community engagement in CSR evaluation, and periodic independent assessments of sustainability outcomes.

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