cover
Contact Name
Evi Gravitiani
Contact Email
evigravitiani_fe@staff.uns.ac.id
Phone
+6288989834046
Journal Mail Official
jaedc@mail.uns.ac.id
Editorial Address
Master of Economics and Development Studies Faculty of Economics and Business, Universitas Sebelas Maret Jl Ir. Sutami 36A Kentingan Surakarta 57126 Central Java Province, Indonesia
Location
Kota surakarta,
Jawa tengah
INDONESIA
Journal of Applied Economics in Developing Countries
ISSN : 23546417     EISSN : 26857448     DOI : https://doi.org/10.20961/jaedc
Core Subject : Economy,
FOCUS This journal focused on economics, business, and management in developing countries studies and presents developments through the publication of articles and research reports. SCOPE The Journal of Applied Economics in Developing Countries (JAEDC) specializes on Economics, Business, and Management in developing countries, and is intended to communicate original research and current issues on the subject. This journal warmly welcomes contributions from scholars of related disciplines. The focus and scope of the Journal of Applied Economics in Developing Countries include: 1. Development Economics 2. Fiscal policy 3. Monetary economics 4. Public policy 5. Regional economics development 6. Institutional economics 7. Poverty and inequality 8. International economics 9. Financial economics 10. Digital economics 11. Circular and Environmental Economics 12. Health Economics 13. Industrial Economics 14. Labor Economics
Articles 6 Documents
Search results for , issue "Vol 9, No 2 (2024): Journal of Applied Economics in Developing Countries" : 6 Documents clear
CORRUPTION AND ECONOMIC GROWTH IN NIGERIA: DOES DATA SUPPORT “GREASE THE WHEELS” OR “SAND THE WHEELS”? Felix Odunayo Ajayi; Aduralere Opeyemi Oyelade; Gideon Olugbenga Olanrewaju
Journal of Applied Economics in Developing Countries Vol 9, No 2 (2024): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v9i2.92595

Abstract

The study investigated the relationship between corruption and economic growth in Nigeria using data from 1996 to 2020. The research employed the Fully Modified Ordinary Least Squares (FMOLS) method and Granger causality tests. The FMOLS results indicated that both gross fixed capital formation and urbanization significantly and positively influence economic growth in Nigeria, whereas the corruption index has a negative and significant effect, aligning with the "sand the wheels" theory. The Granger causality analysis showed a unidirectional relationship, where gross fixed capital formation Granger-causes GDP growth rate, and GDP growth rate Granger-causes both the corruption index and the relative corruption ranking in Nigeria. Based on these results, the study recommends that policymakers prioritise transparency and good governance by implementing e-governance initiatives to reduce bureaucratic hurdles and opportunities for corruption. Furthermore, there should be consistent monitoring and thorough evaluation of the impact of anti-corruption strategies on economic growth and development to ensure their effectiveness.
ECONOMIC VALUE OF CRITICAL LAND IN SEMPAYANG VILLAGE, NORTH KALIMANTAN Sulistya Rini Pratiwi; Yohanna Thresia Nainggola; Meylin Rahmawati
Journal of Applied Economics in Developing Countries Vol 9, No 2 (2024): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v9i2.90199

Abstract

This research aims to identify the locations of vulnerable critical land areas and assess the economic value of mitigating agricultural land in critical conditions within Sempayang Village, North Kalimantan, Indonesia. The study employs Geographic Information Systems (GIS) to analyze land distribution and the Contingent Valuation Method (CVM) to estimate the economic value. A purposive sampling method was used to select 51 respondents from local farmers, with a focus on their willingness to pay for land rehabilitation. The results of this research are the largest critical land area was found in Malinau District, covering 54,108 hectares. Farmers showed a willingness to pay between Rp. 26,000 and Rp. 30,000 for land rehabilitation efforts, with a total economic value of Rp. 45,360,000 annually for non-critical land. The study underscores the importance of community and government collaboration for effective land restoration programs.
THE IMPACT OF LAND, SEA, AND AIR TRANSPORTATION INFRASTRUCTURE ON ECONOMIC GROWTH IN G7 COUNTRIES Aryo Dwi Febriyanto; Hadi Sasana; Jalu Aji Prakoso; Muhammad Chrisna Satriagasa
Journal of Applied Economics in Developing Countries Vol 9, No 2 (2024): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v9i2.90655

Abstract

This research analyzes the influence of road length, rail length, containers traffic, air freight, GFCF, and labor force on economic growth. This study uses quantitative methods with G7 countries as research objects during 2010-2021. Panel data consisting of 84 observations was analyzed with the help of Eviews12 software. The statistical analysis used in this research is the Ordinary Least Square (OLS) method, with the Fixed Effect Model chosen as the best model for interpreting the research results. The findings show that the road length, container traffic, air freight, GFCF, and the labor force have a positive and significant influence. Meanwhile, only the rail length does not have a significant effect on economic growth. Based on the results of this research, the theoretical implication of this research is the development of transportation infrastructure, especially road length, containers, air freight, GFCF, and labor force can increase economic growth in a country. So countries must consider spending on developing transportation infrastructure. Meanwhile, practically, this research can be used as study material in considering infrastructure development because the negative impact caused by errors in infrastructure development can be a waste of budget.
THE ROLE OF EDUCATION IN HUMAN DEVELOPMENT IN DISTRICTS / CITIES OF RIAU PROVINCE Aswanto Aswanto; Emkhad Arif; Mhd Suleman Hsb
Journal of Applied Economics in Developing Countries Vol 9, No 2 (2024): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v9i2.92192

Abstract

The purpose of this study is to see the data and then analyze how big the role of education is with its indicator Average Length of Schooling (RLS) in improving human development with its indicator Human Development Index (HDI) in the Districts/City of Riau Province. By using data sourced from the BPS of Riau Province, namely Secondary data. And using a descriptive analysis method then strengthened by simple regression testing using panel data, using the Eviews 13 Statistics application. So based on the results of the study it can be concluded that the role of Education plays a very important role in Human Development in the Districts/City of Riau Province. Proven in partial testing, education (RLS) has a positive and significant influence on human development (HDI) which is indicated by a Prob value of 0.0000 which is less than 0.05. Meanwhile, the magnitude of the influence can be seen from the value of the calculation results obtained by the Determination Coefficient (Adjusted R2) in this study, which is 93.97%. Of course, in this study there are still limitations in problems that are not discussed thoroughly. However, the results of this study can be a reference in government policy to increase the role of education in human development in Riau Province.
THE NEXUS OF INDUCING DEVELOPMENT: MEASURE PATH DISCOURSES IN INDONESIA’S DYNAMIC LANDSCAPE Ivan Sudibyo
Journal of Applied Economics in Developing Countries Vol 9, No 2 (2024): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v9i2.92370

Abstract

The research objective underscores the importance of human capital, innovation, and research in fostering sustainable economic growth, with a focus on principal variables such as human capital development (measured by HDI), innovation and competitiveness (driven by FDI inflows), R&D expenditure, and employment dynamics. The research results reveals that FDI, R&D spending, and employment significantly impact TFP growth, with FDI inflows identified as a push driver of TFP growth by enhancing innovation and competitiveness. This research applies the research methodology ARDL model to delve into the factors that influence Total Factor Productivity (TFP), drawing on Romer’s theory of endogenous growth. The research results also highlight the role of R&D expenditure in boosting TFP, emphasizing the need for a supportive environment for research and innovation. The labor force is also found to contribute significantly to TFP. The research further explores the interaction between the labor force and R&D, suggesting the need for policies that support both workforce development and innovation for sustained prosperity. The study also incorporates the concept of employment elasticity with respect to growth as a measure of inclusive development. It concludes by advising stakeholders to prioritize the promotion of FDI inflows, entice R&D spending, and treatise labor force issues to enhance TFP growth and ensure long-term economic prosperity. This underscores the importance of stakeholders’ cooperation in leveraging investments for long-term economic prosperity.
ANALYZING THE DETERMINANTS OF BOND MARKET DEVELOPMENT IN NIGERIA Ajibu Jonas; Asia Khamis Nyange; Ashura Rajabu Yusuph
Journal of Applied Economics in Developing Countries Vol 9, No 2 (2024): Journal of Applied Economics in Developing Countries
Publisher : MESP–FEB UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jaedc.v9i2.92942

Abstract

This study examines the key factors influencing the development of Nigeria’s bond market using time series data from 1981 to 2022. While employing quantitative methods, the study identifies a strong long-term relationship between key economic variables and bond market development. Major findings highlight the critical roles of inflation, fiscal deficit, foreign direct investment, and per capita income in shaping market growth. The study provides practical policy recommendations, including measures to boost market liquidity, improve transparency, and promote public-private partnerships for sustainable bond market development. These findings contribute significantly to understanding the dynamics of emerging bond markets and their potential for economic development in Nigeria.

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