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Ekonomikalia Journal of Economics
Published by PT. Heca Sentra Analitika
ISSN : -     EISSN : 29885787     DOI : https://doi.org/10.60084/eje
Core Subject : Economy, Science, Social,
Economics, Econometrics & Finance Energy Environmental Science
Ekonomikalia Journal of Economics (EJE) stands as a distinguished global scholarly publication. It is dedicated to releasing original research articles and review papers of exceptional quality within the realm of economics. The primary aim of the journal is to foster cross-disciplinary research, facilitate the exchange of knowledge, and propel the advancement and implementation of pioneering approaches. EJE remains steadfast in its pursuit of excellence, significance, and influence, serving as an invaluable asset for researchers, professionals, and educators across the globe. Topics of this journal includes, but not limited to: microeconomics and macroeconomics, international economics, development economics, public economics, behavioral economics, econometrics, regional economics, monetary economics, islamic economics, energy economics, environmental economics, political economy
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekomomi dan Ekonometrika
Articles 5 Documents
 1 
Search results for , issue "Vol. 2 No. 2 (2024): October 2024" : 5 Documents clear
The Impact of Non-Green Trade Openness on Environmental Degradation in Newly Industrialized Countries van Hek, Sil; Can, Muhlis; Brusselaers, Jan
Ekonomikalia Journal of Economics Vol. 2 No. 2 (2024): October 2024
Publisher : Heca Sentra Analitika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.60084/eje.v2i2.148

Abstract

Environmental degradation due to human over-exploitation is one of the most pressing global issues. The ten Newly Industrialized Countries (NICs) have recently witnessed substantial economic growth and involvement in global trade. In the discussion on environmental degradation, trade has a crucial role. Scholars use trade openness to test the scale effect on the environment. This research investigates the effect of non-green trade openness, economic growth, and energy consumption on ecological footprint. Panel estimation techniques such as cross-sectional dependence, slope homogeneity, unit root, and cointegration analyses are applied to panel data of ten NICs between 2003 and 2016. The Fully Modified Ordinary Least Squares (FMOLS) method reveals that non-green trade openness increases environmental degradation in the panel. Energy consumption and economic growth are also found to increase environmental degradation. Moreover, the Environmental Kuznets Curve (EKC) hypothesis is validated. The research presents a few relevant policy implications. The NICs should invest in green energy and an energy-efficient economy and focus on stimulating green trade as a catalyst for sustainable economic development in order to improve the quality of their environment. This can be done by introducing higher tariffs on non-green products and investing in technological innovations for green production methods and renewable energy. Although local environmental pollution in the European Union (EU) decreases, an increase in pollution in the NICs threatens the global state of the environment. Therefore, non-green trade should be approached as an international problem that has detrimental effects on all countries in different phases of economic development.
Demand Analysis for Large Animal and Poultry Meat in Indonesia: An ARDL Perspective Muksalmina, Muksalmina; Nasir, Muhammad; Sartiyah, Sartiyah
Ekonomikalia Journal of Economics Vol. 2 No. 2 (2024): October 2024
Publisher : Heca Sentra Analitika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.60084/eje.v2i2.202

Abstract

This study examines the growing demand for large livestock and poultry meat in Indonesia, reflecting changing consumption patterns and economic growth. However, this phenomenon faces challenges such as price fluctuations between provinces, declining per capita income, and supply-demand gaps that affect access to and consumption of animal protein. Utilizing panel data from 34 provinces covering the period from 2015 to 2022 and employing an Autoregressive Distributed Lag (ARDL) model, this study analyzes the short- and long-run relationships in meat demand. The results indicate that in the short run, meat prices and per capita income significantly influence demand, while tuna prices have no noticeable effect. In the long run, meat prices, per capita income, and fish prices as substitutes affect meat demand. This study contributes to the development of the livestock sector in Indonesia, provides information for farmers to plan production, and advises the government to educate the public about protein sufficiency and conduct market operations to stabilize prices and maintain meat availability. The findings are expected to help fulfill the current and future demand for meat from large livestock and poultry in Indonesia.
Government Expenditure on Education, Educational Index, and Economic Growth in Nepal: An ARDL-ECM Approach Duwal, Niroj; Suwal, Sunil
Ekonomikalia Journal of Economics Vol. 2 No. 2 (2024): October 2024
Publisher : Heca Sentra Analitika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.60084/eje.v2i2.205

Abstract

Education is a key priority in economic development, significantly impacting growth and society through its role in enhancing human capital and advancing technological knowledge. Government spending on education is crucial for providing equitable access to quality education and is widely believed to stimulate economic growth. This study examines the relationship between education, government expenditure on education, and economic growth in Nepal from 1990 to 2022, using the Autoregressive Distributed Lag (ARDL) model and the Error Correction Model (ECM) to assess long-run and short-run impacts. The findings reveal that the educational index, gross capital formation, and population have a positive and significant impact on economic growth. In contrast, government expenditure on education, domestic credit to the private sector, and trade openness have negative and insignificant effects on long-run economic growth. Additionally, the educational index shows a negative and significant impact on economic growth in the short run. The study’s policy recommendations emphasize the need to increase government spending on education, implement effective mechanisms for spending, and enhance credit availability and trade openness to boost economic growth.
The Impact of Green Trade Openness on Air Quality van Hinsberg, Nicky; Can, Muhlis
Ekonomikalia Journal of Economics Vol. 2 No. 2 (2024): October 2024
Publisher : Heca Sentra Analitika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.60084/eje.v2i2.198

Abstract

Environmental degradation is among the most pressing issues the world faces today. Air pollution is one of the many forms of environmental degradation and can drastically impact human health and ecosystem functioning. Research shows that rapid intervention strategies are required to achieve the environmental targets set out by international agreements. One strategy that has been widely accepted to combat this issue of environmental degradation is the introduction of green products. The adoption of green products can be increased through trade. However, knowledge of the impact of trading these products is limited. This study examines the relationship between the trading of green products and air quality in a case study of 33 Organization for Economic Cooperation and Development (OECD) member countries from 2003-2016. We employ several panel strategies, such as the Westerlund (2008) Durbin-H method for cointegration and the Method of Moments Quantile Regression (MM-QR). The trading of green products was proxied by the newly developed ‘Green Openness Index.’ Nitrous oxide (NOx) and sulfur oxide (SOx) emissions served as proxies for air pollution. The relationship between the variables was explored in the context of the Environmental Kuznets Curve (EKC). The cointegration analysis reveals that there is a long-run relationship among the series. Long-run estimations prove that the EKC hypothesis is valid for the analyzed series. Additionally, the empirical findings reveal that trading environmentally friendly products increases air quality while energy consumption decreases. We provide several policy suggestions based on the study’s outcomes, such as supporting the trade liberalization of green goods, reducing tariff and non-tariff barriers for environmentally friendly products, and promoting the adoption of environmentally friendly goods by providing subsidies and other tax incentives to consumers.
Energy Poverty and Environmental Quality Nexus: Empirical Evidence from Selected South Asian Countries Sikdar, Asaduzzaman; Bani, Nor Yasmin binti Mhd; Salimullah, Abul Hasnat Muhammed; Majumder, Shapan Chandra; Idroes, Ghalieb Mutig; Hardi, Irsan
Ekonomikalia Journal of Economics Vol. 2 No. 2 (2024): October 2024
Publisher : Heca Sentra Analitika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.60084/eje.v2i2.221

Abstract

South Asian countries are included in the economies of developing Asia. The region of South Asia is predominantly affected by energy poverty issues due to a heavy reliance on conventional energy and unpredictable access to energy services. It has about a quarter of the world's population and is home to three of the world's ten most populated countries: India, Pakistan, and Bangladesh. This study investigates environmental sustainability dynamics in South Asian countries from 2000 to 2021, utilizing the Cross-sectional Autoregressive Distributed Lag (CS-ARDL) and Dumitrescu-Hurlin (D-H) causality methods. The research offers insights into the long-term trends and causal relationships that shape environmental outcomes in South Asian nations. Based on empirical findings, in the long-term, it is revealed that increases in energy poverty, economic growth, income inequality, and capital formation raise greenhouse gas (GHG) emissions, while renewable energy and labor reduce GHG emissions. On the other hand, the error correction term shows the speed of adjustment toward equilibrium at 0.75%. Furthermore, the D-H panel causality reveals a directional link between variables. These findings highlight the urgent need for South Asian countries to implement policies to address energy poverty, promote renewable energy adoption, and reduce income inequality to mitigate GHG emissions and achieve long-term environmental sustainability effectively.

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