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Wahyu Ario Pratomo
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Jl. Prof. T. M. Hanafiah, S.H., Kampus USU, Medan, 20155, Sumatera Utara, Indonesia Fakultas Ekonomi dan Bisnis, Universitas Sumatera Utara
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Journal of Sustainable Economics
Published by TALENTA PUBLISHER
ISSN : -     EISSN : 30218179     DOI : https://doi.org/10.32734/
Core Subject : Economy, Social,
Economics, Econometrics & Finance Social Sciences
Journal of Sustainable Economics (JSE) is a peer-reviewed publication of original research works. The mission of the journal is to offer a medium to exchange ideas and information about the advancement of knowledge and research in disiplines of economics and econometrics from the following subject area such as microeconomics, macroeconomics, developing economics, finance and banking, islamic economics and public economics. The journal also receives systematic reviews, meta-analysis and review article on new issues in pharmaceutical and clinical sciences. Submission to this journal implies that the manuscript has not been published or under consideration to be published in another journal. At the initial stage, this journal will be published online twice a year. Each publication contains 5 (five) research articles which will be published online. This journal is open access and published by TALENTA Publisher which organized by Department of Development Economics, Department of Economics Postgraduate and Doctoral Program, Faculty of Economics And Business, Universitas Sumatera Utara (USU).
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 23 Documents
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The Role of Internet Usage in Enhancing Economic Freedom through International Trade in Developing Southeast Asian Countries Andrasari, Monika; Hasan, Hafnida; Pratama , Lucky Satria; Simatupang, Dewi Ratna Sari
Journal of Sustainable Economics Vol. 3 No. (2) (2025): Journal of Sustainable Economics
Publisher : TALENTA PUBLISHER UNIVERSITAS SUMATERA UTARA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32734/jse.v3i(2).23402

Abstract

This study examines the impact of internet usage on economic freedom, with a particular focus on the mediating role of trade openness in developing Southeast Asian countries. Utilizing a quantitative explanatory approach with Partial Least Squares–Structural Equation Modeling (PLS-SEM), the analysis is based on balanced panel data from ten ASEAN member states—Indonesia, Malaysia, Thailand, the Philippines, Vietnam, Singapore, Myanmar, Laos, Cambodia, and Timor-Leste—covering the period from 2011 to 2022. The findings reveal a significant and positive direct effect of internet usage on economic freedom. However, the indirect effect through trade openness is statistically insignificant, suggesting that digitalization promotes economic freedom primarily through direct mechanisms rather than by increasing trade integration. Moreover, institutional quality, as measured by the Corruption Perceptions Index (CPI), shows a stronger influence on trade openness than internet access alone. These results underscore the importance of aligning digital transformation efforts with institutional reforms and good governance to fully capitalize on the benefits of the digital economy. This study offers empirical contributions to the literature on digitalization, trade liberalization, and economic freedom, and provides actionable policy insights for developing countries undergoing digital transitions.
The Influence of Economic Growth and Unemployment Rate on Government Expenditure in North Sumatra Province Sihombing, Isra; Hutasuhut, Khairul Ali
Journal of Sustainable Economics Vol. 3 No. (2) (2025): Journal of Sustainable Economics
Publisher : TALENTA PUBLISHER UNIVERSITAS SUMATERA UTARA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32734/jse.v3i(2).23410

Abstract

This study aims to analyze the effect of economic growth and unemployment rate on government expenditure in North Sumatra Province. The research employs a quantitative approach using secondary data in the form of annual time series for the 1990–2024 period, obtained from the Central Bureau of Statistics (BPS) and various scientific literature. Data analysis was conducted using multiple linear regression with the assistance of SPSS version 22. The results show that, partially, economic growth has a negative and significant effect on government expenditure, indicating that an increase in regional economic activity is followed by a decrease in government spending, along with a stronger role of the private sector. Meanwhile, the unemployment rate does not have a significant effect on government expenditure, meaning that unemployment fluctuations are not yet considered a main determinant in regional budget decisions. Simultaneously, both independent variables significantly influence government expenditure in North Sumatra. Thus, overall macroeconomic dynamics play an essential role in shaping regional fiscal policy.
The Role of Social Protection Fiscal Policy in Supporting Indonesia’s Economic Recovery During the Covid-19 Pandemic: Evidence from a CGE Model handayani, Rita; C. Sugianto; J. Saputra
Journal of Sustainable Economics Vol. 3 No. (2) (2025): Journal of Sustainable Economics
Publisher : TALENTA PUBLISHER UNIVERSITAS SUMATERA UTARA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32734/jse.v3i(2).23503

Abstract

The Computable General Equilibrium model is used to build a general equilibrium model of the Indonesian economy, to see the effectiveness of the impact of fiscal policy on social protection during the Covid-19 Pandemic on economic growth and household group income for the 2019-2021 period. The PEP -1-1 model is used with the static version 2.0 in GAMS 23.5 software with social protection variables simulated as a shock to the model that has been built. The results explain that there is an impact and contribution of social protection to Indonesia's macroeconomic conditions and economic recovery and sustainable growth during the Covid-19 Pandemic and out of the crisis. The results of social protection fiscal policy carried out by the government were able to contribute to an increase in economic growth by 0.03 per cent. The results of fiscal policy on social protection provided by the Government also had an impact on increasing the highest level of income in the hhk6 household group, namely upper-class free entrepreneurs, non-agricultural entrepreneurs, managers, military, professionals, technicians, teachers, TU workers and upper-class sales, Urban) by 06 percent, while other household groups were only able to increase by 0.1 percent.

Page 3 of 3 | Total Record : 23

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