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INDONESIA
Signifikan : Jurnal Ilmu Ekonomi
ISSN : 20872046     EISSN : 24769223     DOI : 10.1016
Core Subject : Economy,
Arjuna Subject : -
Articles 407 Documents
Strategic Area Development to Reduce Poverty and Regional Gaps in The District Guswandi Guswandi
Signifikan: Jurnal Ilmu Ekonomi Vol 11, No 2 (2022)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v11i2.25895

Abstract

Developing strategic areas utilizing existing potential will increase regional economic growth, overcome regional disparities, and reduce poverty. This study aims to determine the efficiency of district strategic area development in reducing regional disparities and poverty rates in Dharmasraya Regency for the 2016-2020 period. The results of the Data Envelopment Analysis (DEA) analysis, using the assumption that input changes are directly proportional to changes in output, show mixed results. Efficiency calculations show that investment, infrastructure, and business empowerment significantly reduce poverty and regional disparities in Dharmasraya Regency. This condition shows that developing strategic district areas can reduce regional disparities and poverty rates in Dharmasraya Regency. This research implies that it can assist the government in reducing poverty in Dharmasraya Regency by allocating funds for industrial development, expanding investment, and providing financial assistance for developing community-based creative businesses. If appropriately implemented, poverty in Dharmasraya Regency will be reduced.How to Cite:Guswandi. (2022). Strategic Area Development to Reduce Poverty and Regional Gaps in The District. Signifikan: Jurnal Ilmu Ekonomi, 11(2), 319-338. https://doi.org/10.15408/sjie.v11i2.25895.JEL Classification: R11, R58, L1
The Association of Financial Inclusion and Multidimensional Energy Poverty in Indonesia Aprilina Tri Widyastuti; Djoni Hartono
Signifikan: Jurnal Ilmu Ekonomi Vol 11, No 2 (2022)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v11i2.26516

Abstract

Financial service could reduce household energy poverty through fund transfer to encourage the ability to access modern energy. This study investigate the role of financial inclusion on household energy poverty in Indonesia. The energy poverty variable is measured by using multidimensional approach with five dimensions and six indicators which are cooking fuels, indoor pollution, lighting, ownership of household appliances, and supporting equipment for basic services such as education, entertainment, and communication. Financial inclusion is measured by using multidimensional approach based on household accessibility to financial institution such as banking, credit, and insurance services. Linear Probability Model (LPM) and Probit model was used to investigate the association between financial inclusion and energy poverty. The result finds that financial inclusion has a negative association with household energy poverty. It implicates strategy for reduce energy poverty by increase financial access such as bank agents, especially in areas which far from banks.How to cite:Widyastuti, A. T., & Hartono, D. (2022). The Association of Financial Inclusion and Multidimensional Energy Poverty in Indonesia. Signifikan: Jurnal Ilmu Ekonomi, 11(2), 201-218. https://doi.org/10.15408/sjie.v11i2.26516.
Factors Predicting Financial Sustainability in the Banking Sector M. Sienly Veronica; Ida Ida; Dimas Peteriandi
Signifikan: Jurnal Ilmu Ekonomi Vol 11, No 2 (2022)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v11i2.25813

Abstract

The banking sectors are striving to operate their businesses during the Covid-19 pandemic. This requires innovation to enable the provision of services to the community and improve financial performance. Therefore, this research aimed to analyze the effect of intellectual capital on financial sustainability mediated by financial performance. The purposive sampling technique was employed, with 31 national private banks listed on the IDX as samples and PLS-SEM to solve the research hypothesis. The result demonstrated that the financial performance variable mediates the effect of intellectual capital on financial sustainability. The implication is that the banking sector should pay attention to its intellectual capital, which will improve its financial performance and promote the sustainability of the business.How to Cite:Veronica, M. S., Ida, I. & Peteriandi, D. (2022). Factors Predicting Financial Sustainability in the Banking Sector. Signifikan: Jurnal Ilmu Ekonomi, 11(2), 355-370. https://doi.org/10.15408/sjie.v11i1.25813.JEL Classification: F65, H72, O43, Q01
Foreign Capital Inflows and Stock Market Development in Nigeria: An Asymmetric Causality Approach Emmanuel Olayemi Awoleye
Signifikan: Jurnal Ilmu Ekonomi Vol 11, No 2 (2022)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v11i2.26195

Abstract

The study used the recently developed symmetric and asymmetric Granger causality test by Hatemi-J to investigate the causal relationships between foreign capital inflows and stock market development in Nigeria from 1986 to 2019. The findings show unidirectional symmetric causality between stock market development and foreign direct investment, while no symmetric causality was found between stock market development and foreign portfolio investment. The results show unidirectional asymmetric causality of positive and negative shocks of stock market development to the negative shock of foreign direct investment. In contrast, the negative shock of stock market development shows a unidirectional asymmetric causality to the positive shock of foreign portfolio investment. The results revealed the causality relationship between foreign capital inflows and stock market development, including positive and negative aspects in Nigeria. These findings have implications for portfolio design and strategies that are important to policymakers and investors.How to Cite:Awoleye, E. O., (2022). Foreign Capital Inflows and Stock Market Development in Nigeria: An Asymmetric Causality Approach. Signifikan: Jurnal Ilmu Ekonomi, 11(2), 339-354. https://doi.org/10.15408/sjie.v11i2.26195.JEL Classification: G12, F21, D82, C19
Determinants of Strategic Factors for Digital Transformation in Micro and Small Enterprises in Makassar City Imran Tajuddin; Amir Mahmud; Muhammad Haerdiansyah Syahnur
Signifikan: Jurnal Ilmu Ekonomi Vol 12, No 1 (2023)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v12i1.31070

Abstract

The Indonesian government aims to promote information and communication technology (ICT) among micro and small enterprises to enhance their competitiveness in the global market. A survey was conducted among 180 micro and small enterprise owners in Makassar City using the Unified Theory of Acceptance and Use of Technology (UTAUT) model. The results showed that Performance Expectancy (PE) and Effort Expectancy (EE) insignificantly affect the Behavioral Intentions (BI) of the enterprise owners. It also indicated that Social Influence (SI) and Facilitating Conditions (FC) positively influence the adoption of ICT in micro and small enterprises. This study is novel and significant as it addresses a gap in the literature on digital transformation strategies, particularly in Makassar City, where such investigations are rare. Consequently, this study presents an original contribution to the field.JEL Classification: M2, O3, R2How to Cite:Tajuddin, I., Mahmud, A., & Syahnur, M. H. (2023). Determinants of Strategic Factors for Digital Transformation in Micro and Small Enterprise in Makasar City. Signifikan: Jurnal Ilmu Ekonomi, 12(1), 131-144. https://doi.org/10.15408/sjie.v12i1.31070.
Foreign Direct Investment (FDI), Abundance of Natural Resources, and Economic Growth Muhammad Aja Fajrian; Noer Azam Achsani; Widyastutik Widyastutik
Signifikan: Jurnal Ilmu Ekonomi Vol 12, No 1 (2023)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v12i1.29975

Abstract

The impact of foreign direct investment (FDI) on the host country’s economic growth is often discussed without considering the abundance of natural resources in the host country. The present study examines the relationship between FDI and economic growth while considering the presence of natural resources. Using panel data regression with data from 124 countries, the study finds that FDI inflows are increasing significantly, with pronounced differences between countries based on their per capita income levels. The results of the panel data regression analysis show that both FDI and natural resources positively affect economic growth. However, an increase in natural resources reduces the overall impact of FDI on economic growth. This result suggests that countries should attract FDI in sectors outside of natural resources to maximize the positive effects of FDI on economic growth.JEL Classification: F43, O4, P28, P45, Q0How to Cite:Fajrian, M. A., Achsani, N. A., & Widyastutik. (2023). Foreign Direct Investment, Abundance of Natural Resources, and Economic Growth. Signifikan: Jurnal Ilmu Ekonomi, 12(1), 11-26. https://doi.org/10.15408/sjie.v12i1.29975.
Unemployment in Indonesia: An Analysis of Economic Determinants from 2012-2021 Mei Agustina; Hartiningsih Astuti; Joko Hadi Susilo
Signifikan: Jurnal Ilmu Ekonomi Vol 12, No 1 (2023)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v12i1.29247

Abstract

The economic problem is one of the things that the Indonesian government must consider. One of them is unemployment because it impacts the socioeconomic conditions of society. This condition is necessary to suppress or reduce the unemployment rate. This research was conducted to determine the conditions and variables affecting Indonesia's unemployment rate. The data analysis used is an econometric model on dynamic panel data using the Generalized Method of Moments (GMM) developed by Arellano Bond. The study results show that the Human Development Index, inflation, minimum wages, and worker numbers significantly influence Indonesia's unemployment. In addition, the unemployment lag also has a significantly positive effect on unemployment. The findings of this study provide information on strategies for increasing the demand and supply of labor, wage regulation, search, match effectiveness in the labor market, and realistic short- and long-term policies. JEL Classification: C33, E24, J64 How to Cite:Agustina, M., Astuti, H., & Susilo, J. H. (2023). Unemployment in Indonesia: An Analysis of Economic Determinants from 2012-2021. Signifikan: Jurnal Ilmu Ekonomi, 12(1), 69-82. https://doi.org/10.15408/sjie.v12i1.29247.
Muslim Taxpayer's Preference: Paying Tax or Zakat? Rahmawati Rahmawati; Nurul Rifani
Signifikan: Jurnal Ilmu Ekonomi Vol 12, No 1 (2023)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v12i1.31555

Abstract

This research investigates the preferences of Muslim taxpayers between paying zakat or taxes. 119 Muslim taxpayers were recruited for online and offline survey studies. Factor analysis determines factors influencing Muslim taxpayer preferences between paying zakat or taxes. This study shows that Muslim taxpayers preferred to pay zakat rather than taxes. The faith factor has influenced Muslim taxpayers' preferences to pay zakat compared to paying taxes. Other factors include the level of compliance with obligations, the service quality factor for zakat management, the zakat knowledge level factor, the tax knowledge level factor, the religious practice factor, the Tax Services office service quality factor, and the tax benefit factor. From these results, it is expected that the government should evaluate tax policy that previously treated zakat only as deductible income to become a tax credit.JEL Classification: F6, Q49, R2How to Cite:Rahmawati, R., & Rifani, N. (2023). Muslim Taxpayer’s Preference: Paying Tax or Zakat. Signifikan: Jurnal Ilmu Ekonomi, 12(1), 207-220. https://doi.org/10.15408/sjie.12ii1.31555.
Determinant of Efficiency in the Indonesian Islamic Banks Hikmatul Aliyah; Abdul Hamid; Mohammad Nur Rianto Al Arif
Signifikan: Jurnal Ilmu Ekonomi Vol 12, No 1 (2023)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v12i1.30376

Abstract

This study aims to analyze the factors that influence the level of efficiency of Islamic commercial banks in Indonesia. The research employs a panel data analysis and a non-parametric Data Envelopment Analysis (DEA) to measure the level of efficiency. The panel data analysis showed that company size, profitability, liquidity, and management significantly affect the level of efficiency of Islamic banks in Indonesia, while capital and financing risk have no significant impact. The efficiency of Islamic banks in Indonesia should be maintained by balancing the distribution of assets, ensuring portfolio diversification, maintaining sufficient liquidity, and paying attention to management quality. The originality of this study, to the best of the author's knowledge, is that it is the first study to examine the determinants of efficiency in Indonesian Islamic commercial banks using quarterly data from the period of 2015-2020. As a result, the data analyzed has a sufficient amount.JEL Classification: C02, C14, C23, G01How to Cite:Aliyah, H., Hamid, A., & Al Arif, M. N. R. (2023). Determinants of Efficiency in the Indonesian Islamic Banks. Signifikan: Jurnal Ilmu Ekonomi, 12(1), 161-174. https://doi.org/10.15408/sjie.v12i1.30376.
Do Interest Rate Policy and Liquidity Effect on Banking Credit Risk in Indonesia? Sopira Qori Amalia; Suriani Suriani
Signifikan: Jurnal Ilmu Ekonomi Vol 12, No 1 (2023)
Publisher : Faculty of Economic and Business Syarif Hidayatullah State Islamic University of Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v12i1.27119

Abstract

Lending plays a vital role for banks as a source of income from deposits or interest paid by debtors. This study aims to analyze the effect of policy interest rates and liquidity from the money supply on bank credit risk in Indonesia in the short and long term. This study uses the Autoregressive Distributed Lag method and the Granger Causality test as analytical tools. The data used are policy interest rates, total money supply, and total non-performing loans. The data period under study is 2017-2022. The study results show that in the short term, policy interest rates and the money supply negatively affect bank credit risk in Indonesia. However, in the long term, policy interest rates have a negative effect, and the money supply does not affect bank credit risk in Indonesia. Policy interest rates have a one-way causality relationship with bank credit risk. Meanwhile, bank credit risk has a one-way causality relationship to the money supply. This condition represents that policy interest rates can reduce bank credit risk in Indonesia. The Bank of Indonesia, as the monetary authority, needs to pay attention to fluctuations in policy interest rates and mitigate excess money supply so that credit risk does not increase.JEL Classification: F43, O11, P34How to Cite:Amalia, S. Q., & Suriani, S. (2023). Do Interest Rate Policy and Liquidity Affect Banking Credit Risk in Indonesia?. Signifikan: Jurnal Ilmu Ekonomi, 12(1), 145-160. https://doi.org/10.15408/sjie.v12i1.27119.