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The Impact of Zakat, Agricultural Output, and Poverty on Indonesia’s Food Security
Salsabila, Adzkia Amatullah;
Nurasyiah, Aas;
Firmansyah, Firmansyah
Signifikan: Jurnal Ilmu Ekonomi Vol. 14 No. 2 (2025): Forthcoming Issue
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah
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DOI: 10.15408/sjie.v14i2.44738
Research Originality: The originality of this research lies in integrating zakat as an Islamic financial instrument into the analysis of food security in Indonesia, a topic that has rarely been explored. Furthermore, it links the concept of maqashid sharia with the Sustainable Development Goal 2 (Zero Hunger), thus offering a novel contribution both theoretically and practically to the food security literature. Research Purpose: This study aims to assess the likelihood of food security across Indonesian provinces and investigate the role of zakat solutions. Research Methods: Employing a quantitative methodology, panel data on zakat utilization, agricultural output, and poverty levels from 34 Indonesian provinces (2013-2022) were analyzed using EViews 9. Empirical Results: The findings reveal that agricultural output and zakat utilization have a positive and significant impact on food security, whereas poverty has a negative effect. Implications: More effective policies are necessary to manage zakat utilization, enhance food production, and alleviate poverty, thereby ensuring Indonesia has a more stable and sufficient food supply for all.
Investment Dynamics in the Economies of Selected ASEAN Countries
Yaqinah, Nuriyatul Inayatil;
Wilantari, Regina Niken;
Yuliati, Lilis
Signifikan: Jurnal Ilmu Ekonomi Vol. 14 No. 2 (2025): Forthcoming Issue
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah
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DOI: 10.15408/sjie.v14i2.45231
Research Originality: This research is original in its dynamic panel analysis of investment efficiency determinants in ASEAN+8 economies during 2019-2023, revealing persistent efficiency patterns and nonlinear governance effects. Research Objectives: This study investigates the impact of foreign direct investment, governance quality, trade openness, and capital intensity on investment efficiency (ICOR) in ASEAN economies. Research Methods: This study employs System GMM estimation on panel data from 8 ASEAN countries. Key variables include ICOR, FDI inflows, the Corruption Perception Index, trade openness (% of GDP, and capital per worker. Empirical Results: The analysis reveals strong persistence in investment efficiency over time. While foreign direct investment has only a limited short-term effect, trade openness is a critical long-run driver of efficiency. The relationship with governance quality is complex and nonlinear. Furthermore, capital per worker was not a significant determinant of investment efficiency in the region. Implications: These results suggest ASEAN policymakers should combine FDI quality targeting with institutional reforms and maintain long-term trade liberalization commitments to enhance investment efficiency.
Government’s Role in Enhancing Economic InclusionThrough Digital Infrastructure Equity in Indonesia
Himmati, Risdiana;
Dana, Badara Shofi;
Wati, Aprilia Eka Fajar
Signifikan: Jurnal Ilmu Ekonomi Vol. 14 No. 2 (2025): Forthcoming Issue
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah
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DOI: 10.15408/sjie.v14i2.45574
Research Originality: This research is original in its examination of the equitable distribution of digital infrastructure in enhancing economic inclusion in Indonesia, employing a fixed effect model and quantile regression approach. Research Objectives: This study investigates the impact of the equitable distribution of digital infrastructure on enhancing economic inclusion in Indonesia. Research Methods: This study employs a fixed effect model and quantile regression, analyzing data from 34 provinces between 2019 and 2023. Key variables include internet access, internet speed, the number of Base Transceiver Stations (BTS), and digital literacy. Empirical Results: The findings reveal that internet access and internet speed have a positive and significant impact on digital financial inclusion, whereas the number of BTS and digital literacy exhibit no significant effect. The impact of digital infrastructure varies across regions, with areas exhibiting lower financial inclusion requiring greater infrastructure optimization compared to those with higher inclusion levels. Implications: The results imply that digital infrastructure development plays a critical role in promoting equitable financial inclusion. Consequently, policymakers are urged to prioritize and accelerate the expansion of digital infrastructure, particularly in regions lagging behind, to reduce financial exclusion and foster inclusive economic development at the national level.
What are the Spatial Linkage Patterns in East Kalimantan Region?
Lestari, Endah Kurnia;
Muslihatinningsih, Fivien;
As Shidqy, Achmad Faridh
Signifikan: Jurnal Ilmu Ekonomi Vol. 14 No. 2 (2025): Forthcoming Issue
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah
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DOI: 10.15408/sjie.v14i2.45607
Research Originality: This research is original research that examines the spatial linkage between regions in East Kalimantan Province comprehensively Research Objectives: This study examines economic concentration and inter-regional connectivity and their impact on growth dynamics in East Kalimantan. Research Methods: This research uses a Spatial Autocorrelation Analysis based on Moran’s Index, Herfindahl-Hirschman Index, and Gravity Index. Data was analyzed from 10 regencies/cities in East Kalimantan from 2017 to 2023. Empirical Results: The study results indicate weak spatial integration among regencies/cities in East Kalimantan. Moran’s Index shows low positive spatial autocorrelation, suggesting limited economic spillover from high-GRDP regions. Market structure analysis reveals sectoral dominance, particularly in mining, leading to low diversification and oligopolistic tendencies. Gravity Index findings highlight strong spatial interaction between Kutai Kartanegara and Samarinda, while Mahakam Ulu remains isolated. Implications: This study shows that spatial linkages between regions in East Kalimantan remain weak, with the dominance of extractive sectors leading to a concentrated market structure and regional disparities. To address this, strategic regional planning is needed through improved connectivity, economic diversification, and the strengthening of non-extractive sectors. An inclusive and integrative policy approach is essential to achieve equitable and sustainable growth across the region.
How Macroeconomic Indicators Drive Food Production in OIC Countries?
Luthfi, Faishol;
Ardelia, Aya Sofia;
Arminingsih, Diah
Signifikan: Jurnal Ilmu Ekonomi Vol. 14 No. 2 (2025): Forthcoming Issue
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah
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DOI: 10.15408/sjie.v14i2.45673
Research Originality: This research prioritizes a more in-depth analysis of OIC member countries with different income categories. The research also focuses on developing a more robust and integrated modeling framework that can capture the dynamic interactions between inflation, economic growth, and food production. Research Objectives: This study investigates the impact of economic growth and inflation on food production in both the short and long term. Research Methods: This study uses panel data from 40 OIC member countries from 1992 to 2021. This study employs Panel Autoregressive Distributed Lag (PARDL) and categorizes OIC member countries based on income classifications: High-Income, upper-middle, lower-middle, and Low-Income countries. Empirical Results: The findings indicate that economic growth and inflation substantially impact food production over the long term. Certain countries exhibit a beneficial impact, whereas others demonstrate a detrimental effect. Implications: This research can provide new insights into the complex relationship between macroeconomic indicators and food availability, and it can be used to inform policymaking recommendations. In addition, the findings can support policymakers in formulating more effective strategies to shift policy towards sustainability.
Undesirable Output in Environmental Efficiency: Evidence from ASEAN Countries
Kusumawardhani, Hapsari Ayu
Signifikan: Jurnal Ilmu Ekonomi Vol. 14 No. 2 (2025): Forthcoming Issue
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah
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DOI: 10.15408/sjie.v14i2.45828
Research Originality: This study enriches the environmental efficiency literature by applying a DEA model that considers undesirable outputs, to produce more comprehensive and accurate efficiency estimates, especially in the context of the ASEAN region Research Objectives: To evaluate and compare the relative environmental efficiency of ASEAN countries using the Data Envelopment Analysis (DEA) method Research Methods: This study applies the DEA approach to measure environmental efficiency in ASEAN countries from 2000 to 2022, using population and industry as inputs, and GDP and CO2 emissions as outputs Empirical Results: The findings indicate variations in environmental efficiency among ASEAN countries, reflecting differences in industrial policies and levels of economic development. Singapore emerges as the most efficient country, while Indonesia is identified as one of the ASEAN countries that needs to focus on improving its environmental efficiency. Implications: The research results show significant variation in environmental efficiency across ASEAN countries. This finding emphasizes the importance of formulating development policies that are not solely oriented toward economic growth but also address resource efficiency and emission reduction. Countries with low efficiency, such as Indonesia, need to develop more comprehensive, data-driven green transition strategies.
Gen Z’s Work Paradigm Shift: Determinants of Gig Economy Choice in Surakarta
Rahmawati, Fauziyah Nisa;
Istiqomah, Nurul -
Signifikan: Jurnal Ilmu Ekonomi Vol. 14 No. 2 (2025): Forthcoming Issue
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah
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DOI: 10.15408/sjie.v14i2.46135
Research Originality: The mixed-method approach combines quantitative and qualitative data, thereby providing a more comprehensive view of work preferences among the younger generation. Research Objectives: This research examines Generation Z's work preferences about the gig economy in Surakarta. Research Methods: A mixed method was used, employing Atlas.ti for qualitative analysis and logistic regression for quantitative analysis. Empirical Results: Atlas.ti mapping identified five main categories in the gig economy: type of work, purpose of work, legal guarantees, barriers, and advantages and disadvantages. Logistic regression results revealed that income, reduced work stress, flexible arrangements, and work environment significantly influence Generation Z’s decision to engage in gig work. In contrast, age, gender, and education level showed no significant influence on the choice to work in this sector. Implications: These results highlight the need for legal frameworks that ensure fair protection and social benefits for gig workers, including health insurance, pension schemes, and fair wage standards.
Food Security Outcomes of Indonesia’s Non-Cash Food Assistance Program (BPNT) among Lowest-Expenditure Households
Kharisma, Bayu;
Wardhana, Adhitya;
Remi, Sutyastie Soemitro;
Fathimah, Devi Irmayanti
Signifikan: Jurnal Ilmu Ekonomi Vol. 14 No. 2 (2025): Forthcoming Issue
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah
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DOI: 10.15408/sjie.v14i2.46203
Research Originality: This study provides the first scientific analysis of the effect of the Non-Cash Food Assistance (BPNT) Program on household food security among Indonesia’s lowest 20% expenditure group. Research Objectives: This study examines the impact of the Non-Cash Food Assistance Program (BPNT) on household food security in Indonesia, with a focus on households in the lowest 20% expenditure group. Research Methods: This study employs a multinomial logistic regression model to investigate the key determinants of food security among households. Empirical Results: The Non-Cash Food Assistance Program (BPNT) plays a significant role in improving the food security of recipient households. Social assistance programs like BPNT can help low-income families by mitigating the negative effects of food price shocks, specifically by promoting dietary diversity. Implications: The government should continually update data to enhance the effectiveness of BPNT distribution, particularly for the poorest 20% of households, who are most vulnerable to food insecurity. It also needs to conduct regular outreach and monitoring to ensure beneficiaries use BPNT properly.
Substitution or Complementarity? Sukuk–Bank Performance Resilience in Indonesia’s Dual Banking System
Nofrianto, Nofrianto;
Zaenal, Muhammad Hasbi;
Khairunnisa, Dini Anggreini;
Sali, Najeeb Razul A
Signifikan: Jurnal Ilmu Ekonomi Vol. 14 No. 2 (2025): Forthcoming Issue
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah
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DOI: 10.15408/sjie.v14i2.46415
Research Originality: This study examines whether sukuk serves as a substitute or complement to banks, offering new insights into the resilience and vulnerability of Indonesia’s dual banking system under macroeconomic shocks. Research Objectives: To examine the evolving sukuk–bank performance relationship before and after the 2020 global recession, and its implications for financial stability. Research Methods: Quarterly data (2015–2023) from 6 Islamic and 15 conventional banks are analyzed using a dynamic panel System GMM model to address endogeneity and bank-specific heterogeneity. Empirical Results: Prior to the crisis, the development of the sukuk market significantly reduced the profitability of Islamic banks, indicating a substitution effect. After the crisis, the negative impact on Islamic banks weakened, suggesting partial complementarity. Inflation widened margins, money supply reduced them, and GDP growth benefited only conventional banks. Implications: Aligning sukuk market growth with banking strategies can strengthen resilience, enhance competitiveness, and support stability in dual banking systems.
Spending More, Fewer Casualties? Leveraging Governance in Local Disaster Management
Suksesi, Gita;
Qibthiyyah, Riatu Mariatul
Signifikan: Jurnal Ilmu Ekonomi Vol. 14 No. 2 (2025): Forthcoming Issue
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah
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DOI: 10.15408/sjie.v14i2.46416
Research Originality: This research introduces a quantitative framework for evaluating the effectiveness of local government disaster management strategies in Indonesia, specifically during the pre-disaster and emergency response stages—an area previously underexplored in existing qualitative-focused literature. Research Objectives: This study evaluates the effectiveness of disaster management in reducing losses from natural disasters, focusing on two main stages: the pre-disaster and emergency response stages. Pre-disaster is measured by the documented availability of the Disaster Management Plan and the emergency response aspect through emergency spending. Research Methods: This study employs fixed-effect estimation using panel data from districts and cities across Indonesia spanning 15 years, from 2008 to 2022. Empirical Results: The study's results indicate that RPB effectively reduces the death rate from natural disasters, whereas the realization of BTT shows the opposite result. Implications: These findings indicate that local governments should improve the quality of their RPBs and regularly prepare them to mitigate disaster risk effectively. Additionally, the government needs to assess and improve the flexibility of the BTT implementation mechanism, enabling its immediate use during the initial emergency response stage and thereby reducing death rates from natural disasters.