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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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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 134 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.

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