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Shochrul Rohmatul Ajija
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East Java Economic Journal
Published by Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur
ISSN : 25978780     EISSN : 28302001     DOI : https://doi.org/10.53572/ejavec.v6i1.73
Core Subject : Economy, Social,
Economics, Econometrics & Finance Social Sciences
East Java Economic Journal invites manuscripts on an economics area, but not limited to economic development, finance, monetary, international trade, environmental, energy, public economics, econometrics, microfinance, health economics, and political economics related to the economy of East Java.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 7 Documents
 1 
Search results for , issue "vol. 10 no. 2 (2026)" : 7 Documents clear
Delayed But Real: Quasi-Experimental Evidence on the Three-Year Effect of Kartu Prakerja on Unemployment in East Java Yohanes Eki Apriliawan; Dede Yoga Paramartha
East Java Economic Journal Vol. 10 No. 2 (2026)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53572/ejavec.v10i2.205

Abstract

Objective: This study examines the causal effect of Indonesia’s Kartu Prakerja program on the Open Unemployment Rate (OUR). Existing evaluations rely largely on short-horizon data that are vulnerable to reverse causality, leaving the program’s effectiveness unresolved. Design/Methods/Approach: The analysis employs a balanced panel of 38 districts in East Java from 2016 to 2024. Two-Way Fixed Effects (TWFE) models with continuous treatment intensity and lagged treatment specifications are used to identify delayed program impacts. Robustness is assessed through four sensitivity tests: Local Projections, wild bootstrap inference, and leave-one-out analysis. Findings: Kartu Prakerja has no significant short-run effect but reduces unemployment after three years. The estimated coefficient at the three-year lag is −0.023 (p = 0.006), consistent with the lock-in mechanism documented in the training evaluation literature. The result remains robust across all sensitivity checks, is independently confirmed by Local Projections, and is supported by a 95% wild bootstrap confidence interval of [−0.040, −0.005]. The strongest effects are observed in districts with high poverty rates and a large agricultural sector. Originality/Value: This study provides one of the first long-horizon causal evaluations of Kartu Prakerja using treatment intensity and lagged exposure measures, offering new evidence on active labor market policies in developing countries. Practical/Policy implication: Short-term evaluations may underestimate the effectiveness of training programs. Policymakers should adopt longer evaluation horizons and prioritize implementation in economically vulnerable regions where the program generates the largest employment gains.
Effectiveness of Local Currency Transaction (LCT) Policy in Improving East Java Jewelry Export Performance: Difference-in-Differences and Thematic Analysis Hendra Prasetya Ardianto; Tasdik Mahandito; Zalfa Aura Tsabita
East Java Economic Journal Vol. 10 No. 2 (2026)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53572/ejavec.v10i2.225

Abstract

Objective: This study investigates the causal impact of the Local Currency Transaction (LCT) policy on export performance, focusing on jewelry commodities (HS 71) from East Java, Indonesia. It addresses the limited sectoral- and regional-level evidence on LCT, as previous studies have predominantly examined the policy at the aggregate or national level. Design/Methods/Approach: This study employs a Difference-in-Differences (DiD) approach using panel data from five export destination countries over the 2015–2020 period. Malaysia and Thailand are classified as the treatment group because they adopted LCT, while Singapore, India, and Hong Kong serve as the control group. Findings: The results show that LCT adoption significantly increases export value by approximately USD 41.2 million in treated countries relative to the control group. The findings are robust to the parallel trends assumption and remain consistent after controlling for macroeconomic factors such as GDP per capita and exchange rates. The results also indicate that LCT reduces transaction costs by eliminating double currency conversion and weakens exchange rate pass-through, thereby supporting export price stability and international competitiveness. Originality/Value: This study extends the LCT literature by providing empirical evidence at the sectoral and regional levels. It also contributes to the New Institutional Economics perspective by demonstrating the role of LCT as an institutional innovation that reduces transaction costs in international trade. Practical/Policy Implication: The findings suggest that LCT can function not only as a monetary policy instrument but also as a trade facilitation mechanism. Its implementation may support export competitiveness by reducing currency conversion costs and improving export price stability.
The Implementation of Smart Farming and Integrated Supply Chains to Ensure Food Security and Price Stability in East Java Abdul Mufid
East Java Economic Journal Vol. 10 No. 2 (2026)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53572/ejavec.v10i2.244

Abstract

Objective: This study aims to analyze the implementation of Smart Farming and supply chain integration as strategies to ensure food security and price stability in East Java. Design/Methods/Approach: This study used a descriptive qualitative document-analysis design. The study purposively selected government policy documents, official publications, program reports, and peer-reviewed articles, then analyzed them using Braun and Clarke’s six-phase thematic analysis—coding combined deductive categories derived from the research objectives with inductive codes emerging from the documents. Source triangulation, a document-extraction matrix, an audit trail, and repeated theme review strengthened analytical trustworthiness. Findings: The research findings indicate that the implementation of Smart Farming, including soil moisture monitoring, crop growth sensors, and data-driven weather forecasting, contributes to increased productivity and reduced crop losses. Supply chain integration through digital platforms and cooperative collaboration has also been shown to support more efficient distribution and help mitigate price fluctuations. Originality/Value: This study provides insights into how Smart Farming technology and supply chain integration can contribute to food security and price stability in East Java, addressing both agricultural efficiency and market stability. Practical/Policy implication: This study recommends strengthening technology adoption, policy support, and supply chain partnerships as strategic steps towards sustainable food security in East Java.
Human Capital and Unemployment Effects on Regional Economic Growth in East Java Ahyar Junaedi; Muhammad Achiril Haq; Novianto Eko Wibowo; Mohamad Rafii; Arif Supriyadi; Yuyu Jahratu Noor Santy; Nur Annisa
East Java Economic Journal Vol. 10 No. 2 (2026)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53572/ejavec.v10i2.246

Abstract

Objective: This study examines the effects of human capital and labor market conditions on regional economic growth in East Java Province, Indonesia. The research focuses on the influence of average years of schooling and the open unemployment rate on economic growth across regencies/cities during 2017–2022. The study is relevant because sustainable regional growth depends not only on economic output, but also on education quality and employment absorption capacity. Design/Methods/Approach: This study employs a quantitative approach using balanced panel data from 38 regencies/cities in East Java Province during 2017–2022, resulting in 228 observations. We obtained secondary data from the Central Statistics Agency (BPS). We applied panel data regression analysis and selected the model using the Chow test and the Lagrange Multiplier (LM) test. We also ran diagnostic tests for multicollinearity and heteroskedasticity. Findings: The results show that average years of schooling have a positive and significant effect on regional economic growth, while the open unemployment rate has a negative and significant effect. The findings indicate that education strengthens labor productivity and regional economic capacity, whereas high unemployment weakens economic performance through underutilized labor resources. Originality/Value: This study contributes to regional economics literature by providing empirical evidence at the regency/city level using panel data analysis. The research captures regional economic heterogeneity more specifically than studies using national or provincial aggregates. Practical/Policy Implication: The findings suggest that local governments should strengthen investment in education while expanding productive employment opportunities. Policies that improve the linkage between education and labor market needs are important for supporting more inclusive and sustainable regional economic growth.
Digital Economy and Fintech in East Java: A Bibliometric Analysis of Research Trends, Themes, and Future Directions Azwar Azwar; Abur Hamdi Usman
East Java Economic Journal Vol. 10 No. 2 (2026)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53572/ejavec.v10i2.249

Abstract

Objective: This study aims to provide a comprehensive and data-driven mapping of the knowledge landscape in the field of the digital economy and financial technology (fintech), particularly within the context of East Java, Indonesia. The study examines publication growth, intellectual structures, thematic evolution, and emerging research trends related to digital transformation and fintech adoption within regional economic development. Design/Methods/Approach: This study employs a bibliometric approach using Scopus-indexed publications published between 2008 and 2025. Bibliographic data were analyzed using VOSviewer through publication trend analysis, citation analysis, co-authorship mapping, keyword co-occurrence analysis, and thematic evolution analysis. Network, overlay, and density visualization techniques were utilized to identify intellectual structures, collaboration patterns, and emerging research themes. Findings: The findings reveal that research on the digital economy and fintech in East Java is relatively recent but has expanded rapidly, particularly after 2019, reflecting growing scholarly attention toward digital transformation and fintech-driven regional development. The thematic structure is highly interconnected and dominated by empirical studies on technology adoption, SMEs, and system analysis. The evolutionary trajectory indicates a shift toward behaviorally informed and innovation-oriented research, reflected in emerging themes such as trust, transparency, sustainability, governance, and the Technology Acceptance Model (TAM). However, critical themes such as institutional governance, environmental sustainability, and advanced digital technologies remain underexplored. Originality/Value: This study provides one of the first comprehensive bibliometric mappings of digital economy and fintech research specifically within the East Java context, offering a regionalized perspective on intellectual structures and thematic evolution. Practical/Policy Implication: The findings provide strategic insights for policymakers, academics, and practitioners in strengthening fintech ecosystems, SME digitalization, digital inclusion, and sustainable regional economic transformation.    
Analysis of the Economic Welfare Level of the Traditional Oil Mining Community in Wonocolo-Bojonegoro Joko Hadi Susilo; Moh. Saiful Anam; Dimas Surya Atmaja
East Java Economic Journal Vol. 10 No. 2 (2026)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53572/ejavec.v10i2.253

Abstract

Objective: This study examines the effects of work experience and production volume on the economic welfare level of traditional oil mining communities in Wonocolo Village, Bojonegoro. Design/Methods/Approach: A quantitative research design was applied using snowball sampling to obtain data from traditional oil mining communities in Wonocolo Village. Data processing was performed using Partial Least Squares (PLS) through SmartPLS 4.0 to evaluate the relationship among variables. Findings: The result indicate that both work experience and production volume have a positive and significant effect on the economic welfare levels of traditional oil mining communities. Miners with longer working experience demonstrate higher technical skills and efficiency, which directly increases theory household capacity. Furthermore, a higher volume of oil production significantly optimizes community income and enhances local living standards, showing that human capital and operational performance are critical drivers of welfare amid technological limitations. Originality/Value: This study extends previous discussions on traditional oil mining by focusing on determinants of economic welfare in Wonocolo Village through the application of the PLS analytical approach. Practical/Policy Implications: The results suggest the need for capacity development programs and sustainable production strategies to strengthen economic welfare growth and improve community welfare.
Collaborative Strategy for Poverty Alleviation Through Local Resource-Based Creative Economy in Kedungadem, Bojonegoro Moh. Saiful Anam; Joko Hadi Susilo; Della Putri Setyorini
East Java Economic Journal Vol. 10 No. 2 (2026)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53572/ejavec.v10i2.255

Abstract

Objective: This study examines ways to reduce poverty through the development of a creative economy based on local resources in Kedungadem Subdistrict, Bojonegoro Regency, Indonesia. This empirical study focuses on sustainable rural poverty alleviation and aims to identify strategic priorities for strengthening local economic development through human resource empowerment, institutional development, and multi-stakeholder collaboration. Design/Methods/Approach: This study employed a mixed-methods approach combining qualitative and quantitative methods. Data were collected through observations, questionnaires, and interviews. The study involved twelve key informants from non-governmental organizations, village administrations, academia, and local communities. The study population consisted of 935 recipients of the Family Hope Program (PKH) from three villages, and 90 respondents were selected using proportional stratified random sampling. To determine strategic priorities, the Analytical Hierarchy Process (AHP) utilized pairwise comparison, Eigen Value, Consistency Index (CI), and Consistency Ratio (CR) analyses. Findings: The results indicate that human resource development and innovation based on local potential are top priorities, followed by the development of village economic institutions and multi-stakeholder collaboration. The most important criteria include partnerships with government agencies, private organizations, and nonprofit organizations to secure funding and assistance; strengthening the managerial capacity of village-owned enterprises (BUMDes) and cooperatives; and providing entrepreneurship training and support. Originality/Value: This study contributes to the body of knowledge by applying the AHP method to formulate a creative economy-based poverty alleviation strategy. Unlike previous studies that used regression or case study approaches, this study integrates multidimensional criteria and stakeholder perspectives into a systematic decision-making framework. Practical/Policy Implications: These findings highlight the importance of strengthening village economic institutions, improving governance transparency, expanding partnerships with stakeholders, and implementing sustainable entrepreneurship and mentoring programs to support inclusive and sustainable rural poverty alleviation policies.

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