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INDONESIA
Signifikan : Jurnal Ilmu Ekonomi
ISSN : 20872046     EISSN : 24769223     DOI : 10.1016
Core Subject : Economy,
Arjuna Subject : -
Articles 407 Documents
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)
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v14i2.45607

Abstract

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. JEL Classification: O1, O18, R11, R12 How to cite: Lestari, E. K., Muslihatinningsih, F., & Shidqy, A. F. A (2025). What are the Spatial Linkage Patterns in East Kalimantan Region?. Signifikan: Jurnal Ilmu Ekonomi, 14(2), 303-324. https://doi.org/10.15408/sjie.v14i2.45607.
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)
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v14i2.45673

Abstract

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. JEL Classification: C31, E23, O13 How to Cite:Luthfi, F., Ardelia, A. S., & Arminingsih, D. (2025). How Macroeconomic Indicators Drive Food Production in OIC Countries: A Panel ARDL Analysis. Signifikan: Jurnal Ilmu Ekonomi, 14(2), 325-338. https://doi.org/10.15408/sjie.v14i2.45673.
Undesirable Output in Environmental Efficiency: Evidence from ASEAN Countries Kusumawardhani, Hapsari Ayu
Signifikan: Jurnal Ilmu Ekonomi Vol. 14 No. 2 (2025)
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v14i2.45828

Abstract

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. JEL Classification: C31, G21, I32, O18 How to Cite:Kusumawardhani, H. A. (2025). Undesirable Output in Environmental Efficiency: Evidence from ASEAN Countries. Signifikan: Jurnal Ilmu Ekonomi, 14(2), 339-358. https://doi.org/10.15408/sjie.v14i2.45828.
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)
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v14i2.46135

Abstract

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. JEL Classification: J21, J22, J24, C25 How to Cite:Rahmawati, F. N., & Istiqomah, N. (2025). Gen Z’s Work Paradigm Shift: Determinants of Gig Economy Choice in Surakarta. Signifikan: Jurnal Ilmu Ekonomi, 14(2), 359-372. https://doi.org/10.15408/sjie.v14i2.46135.
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)
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v14i2.46203

Abstract

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. JEL Classification: O01, O02, Q0, Q12, Q18 How to Cite:Kharisma, B., Wardhana, A., Remi, S. S., & Fathimah, D. I. (2025). Food Security Outcomes of Indonesia’s Non-Cash Assistance Program (BNPT) among Lowest-Expenditure Households. Signifikan: Jurnal Ilmu Ekonomi, 14(2), 373-390. https://doi.org/10.15408/sjie.v14i2.46203.
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)
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v14i2.46415

Abstract

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. JEL Classification: G21, G23, E44, E52 How to Cite:Nofrianto., Zaenal, M. H., Khairunnisa, D. A., & Sali, N. R. A. (2025). Substitution or Complementarity? Sukuk-Bank Performance Resilience in Indonesia’s Dual Banking System. Signifikan: Jurnal Ilmu Ekonomi, 14(2), 563-xx. https://doi.org/10.15408/sjie.v14i2.46415.
Spending More, Fewer Casualties? Leveraging Governance in Local Disaster Management Suksesi, Gita; Qibthiyyah, Riatu Mariatul
Signifikan: Jurnal Ilmu Ekonomi Vol. 14 No. 2 (2025)
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v14i2.46416

Abstract

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. JEL Classification: Q54, Q58, H72 How to Cite:Suksesi, G., & Qibthiyyah, R. M. (2024). Spending More, Fewer Casualties? Leveraging Governance in Local Disaster Management. Signifikan: Jurnal Ilmu Ekonomi, 14(2), 391-406. https://doi.org/10.15408/sjie.v14i2.46416.
The Rising Food Prices in Ramadan and Its Impact on Inflation Mutiara, Tira; Al Arif, Mohammad Nur Rianto; Anwar, Muhammad
Signifikan: Jurnal Ilmu Ekonomi Vol. 14 No. 2 (2025)
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v14i2.46417

Abstract

Research Originality: This study proposes a new contribution by analyzing the seasonal pattern of rising food prices in Ramadan and its impact on inflation over the period 2018–2024. This data range allows for more recent and relevant identification. Research Objectives: This study aims to describe food prices before, during, and after Ramadan and to analyze their impact on inflation, using data from January 2018 to May 2024. Research Methods: This research uses descriptive statistical methods to analyze food prices and inflation, and multiple linear regression to examine the impact of food prices on inflation. Empirical Results:  This study found that prices of all food commodities tended to increase before, during, and after Ramadan, especially in Ramadan 2022. Descriptively, inflation also showed an increasing pattern before, during, and after Ramadan in most observation years, except 2020. Multiple linear regression analysis revealed that only chicken prices had a significant effect on inflation, while the other nine foods did not. Implications: These findings suggest that the government prioritize controlling the prices of strategic commodities like chicken during Ramadan by stabilizing supply and disseminating price information equitably. Furthermore, education on wise consumption and support for food access for poor groups can help mitigate price fluctuations on the demand side. JEL Classification: Q110, E310, E210 How to Cite:Mutiara, T., Al Arif, M. N. R., & Anwar, M. (2025). The Rising Food Prices in Ramadhan and Its Impact on Inflation. Signifikan: Jurnal Ilmu Ekonomi, 14(2), 407-422. https://doi.org/10.15408/sjie.v14i2.46417.
Frugal Living is A New Alternative Gen Z Lifestyle Rahmasari, Himas Arum Syarifah; Mafruhah, Izza; Istiqomah, Nurul; Gravitiani, Evi
Signifikan: Jurnal Ilmu Ekonomi Vol. 14 No. 2 (2025)
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v14i2.46418

Abstract

Research Originality: This research novelty is about the location of Surakarta City and the relationship between lifestyle and love of money towards frugal living. Research Objectives: This study examines the frugal living practices of Generation Z in Surakarta City. Research Methods: This study used quantitative methods with PLS-SEM for analysis. The variables in this study include frugal living, lifestyle, love of money, and financial management. Empirical Results: The findings show that lifestyle and love of money significantly influence frugal living among Generation Z in Surakarta City. At the same time, financial management does not have a significant impact on frugal living among Generation Z in Surakarta City. Implications: These results highlight the importance of financial literacy improvement policies that include environmentally friendly consumption patterns and raise awareness among Generation Z to use local products. JEL Classification: D14, D91, G41 How to Cite:Rahmasari, H. A. S., Mafruhah, I., Istiqomah, N., & Gravitiani, E. (2025). Frugal Living is A New Alternative Gen Z Lifestyle. Signifikan: Jurnal Ilmu Ekonomi, 14(2), 423-436. https://doi.org/10.15408/sjie.v14i2.46418.
Employment as the Missing Link: Full Mediation of Minimum Wage Effect on Per Capita Income in Central Java Pratista, Regina; Istiqomah, Istiqomah; Pravitasari, Chairani Fadhila
Signifikan: Jurnal Ilmu Ekonomi Vol. 14 No. 2 (2025)
Publisher : Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjie.v14i2.46419

Abstract

Research Originality: This paper is original by explicitly analyzing employment as a mediating variable in the relationship between minimum wage and per capita income, given the inconclusive findings of previous research on these variables. Research Objectives: This study investigates the relationship between minimum wage and per capita income and examines the mediating role of employment with two control variables: government expenditure and education. Research Methods: This study utilized secondary data from BPS covering 35 districts and municipalities in Central Java Province over the period 2018–2023. The study applies panel-data regression, complemented by mediation analysis using path analysis and the Sobel test. Empirical Results: The minimum wage does not directly affect per capita income; instead, its impact is fully mediated by employment. The finding suggests that the minimum wage alone does not raise per capita income; rather, it exerts its influence indirectly by improving employment, which in turn drives income growth. As control variables, government expenditure and education exert positive and significant effects on per capita income. Implications: A minimum wage policy must be accompanied by job-creation strategies. A minimum wage increase without policies that maintain or increase jobs will not effectively boost per capita income. JEL Classification: E24, H52, J31, O15 How to Cite:Pratista, R., Istiqomah., & Pravitasari, C. F. (2025). Employment as the Missing Link: Full Mediation of Minimum Wage Effect on per Capita Income in Central Java. Signifikan: Jurnal Ilmu Ekonomi, 14(2), 437-448. https://doi.org/10.15408/sjie.v14i2.46419.