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INDONESIA
Signifikan : Jurnal Ilmu Ekonomi
Published by Universitas Islam Negeri Syarif Hidayatullah Jakarta
ISSN : 20872046     EISSN : 24769223     DOI : 10.1016
Core Subject : Economy,
Economics, Econometrics & Finance
Arjuna Subject : -
Articles 427 Documents
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Carbon Accountability in Indonesia’s State-Owned Assets Management Rasyidi, Mohammad Amin; Setiya, Tanda
Signifikan: Jurnal Ilmu Ekonomi Vol. 15 No. 1 (2026)
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.v15i1.46638

Abstract

Research Originality: This study is among the first to introduce an Environmentally Extended Input-Output (EE-IO) framework to quantify the carbon externalities of state-owned assets (BMN) management in Indonesia. This area has received limited empirical attention. Research Objectives: The study aims to systematically measure direct and indirect carbon emissions associated with BMN utilization and assess their implications for public asset governance. Research Methods: An EE-IO model is constructed using Indonesia’s 2016 input-output table, sectoral emission intensities, and audited government electricity expenditure data to estimate emission multipliers and carbon impacts. Empirical Results: The Electricity and Gas Supply sector exhibits the highest emission multiplier (4,919.05 tons CO₂ per billion Rupiah). Electricity-related BMN expenditure is estimated to generate 28.4 million tons of CO₂, revealing a substantial but previously under-recognized source of environmental burden. Implications: The findings support emission-informed budgeting, emission-based performance indicators, and the integration of carbon accountability into public asset management. JEL Classification: Q56, H54, D57, H83
Urban–Rural Differences in Sustainable Energy Consumption Behavior: Evidence from Indonesia Istiqomah, Nurul; Mafruhah, Izza; Gravitiani, Evi; Rahmawati, Fauziyah Nisa
Signifikan: Jurnal Ilmu Ekonomi Vol. 15 No. 1 (2026)
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.v15i1.46868

Abstract

Research Originality: This study offers a novel contribution by integrating micro-level spatial comparison and behavioral analysis. Unlike previous studies that highlight income or education as key drivers, this research finds that structural factors have a stronger influence on energy-saving behavior. Research Objectives: This study aims to examine household energy consumption patterns and identify the socioeconomic and structural determinants of energy-saving behavior in urban and rural settings. Research Methods: A mixed-methods approach is employed. Qualitative analysis using ATLAS.ti explores household energy-use practices and perceptions, while binary logit regression is applied to identify factors influencing energy-efficient behavior. Empirical Results: The results indicate significant differences in energy consumption between urban and rural households. Urban households tend to consume more energy due to lifestyle characteristics and appliance ownership. Regression results show that household size, dwelling area, installed electrical capacity, and residential location significantly affect the likelihood of adopting energy-saving behavior. Rural households exhibit a higher propensity for energy-efficient practices, mainly due to limited electricity access and reliance on traditional energy sources. Implications: Energy policies should incorporate spatial and socioeconomic dimensions, reduce subsidy-induced price distortions, and promote incentives for energy-efficient behavior and renewable energy adoption. JEL Classification: J41, J42, D12, R20
The Strategic Role of Stakeholders in Stunting Alleviation through the MACTOR Method Diera, Miftah Ichda; Saleh, Mohammad; Yunitasari, Duwi
Signifikan: Jurnal Ilmu Ekonomi Vol. 15 No. 1 (2026)
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.v15i1.48638

Abstract

Research Originality: This research is original because it uses a MACTOR analysis to examine the roles and interactions of stakeholders in stunting alleviation and their impact on improving the quality of human resources in Jember Regency. Research Objectives: This study aims to analyze the roles, interests, and influence of key stakeholders involved in stunting alleviation and to assess how their coordination contributes to improving human resource quality in Jember Regency. Research Methods: This research employs a mixed-methods approach, using the MACTOR method, to examine stakeholder relationships. Data were collected through interviews, document analysis, and secondary data related to stunting and human development indicators. Empirical Results: The findings indicate that stakeholder roles in stunting alleviation are uneven, with limited coordination and varying levels of influence. Weak synergy among actors reduces the effectiveness of stunting reduction programs and their impact on human resource quality. Implications: These results suggest the need for stronger stakeholder coordination, clearer role distribution, and integrated policies to enhance stunting alleviation and support sustainable human resource development in Jember Regency. JEL Classification: I15, Q01, D70, P11
Human Development and Income Inequality in D-8 Countries: A Maqashid Sharia Perspective Shofiatul Hilwa; Risna Triandhari; Parianom, Raden
Signifikan: Jurnal Ilmu Ekonomi Vol. 15 No. 1 (2026)
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.v15i1.49355

Abstract

Research Originality: This study is original in applying a Maqashid Sharia-based human development index to examine the short- and long-run effects of human development on income inequality in D-8 countries. Research Objectives: This study aims to analyze whether human development based on the Maqashid Sharia framework can effectively reduce income inequality in D-8 countries in both the short run and the long run. Research Methods: Using panel data from eight D-8 countries during 2003–2022, income inequality is measured by the Gini index and the Palma ratio, while human development is represented by the Maqashid Sharia Index (MSI). The analysis employs a Panel ARDL model with the Pooled Mean Group estimator to capture short-run and long-run relationships. Empirical Results: The results show that Maqashid Sharia-based human development significantly reduces income inequality in the long run across D-8 countries, reflecting the maslahah-oriented approach of Islamic economic development. In the short run, it reduces inequality in Indonesia and Turkey but increases inequality in Bangladesh, Egypt, and Nigeria. Implications: These findings suggest that human development policies should incorporate moral and value-based dimensions. Policymakers in D-8 countries need to promote not only education, health, and income, but also ethical values to ensure more equitable income distribution. JEL Classification: C33, F22, I32, J61, J62
Revisiting Trade Liberalization for Agriculture Productivity: Dynamic Evidence from a Global Panel of Countries Mela, Yunita; Idfi, Setyaningrum; Sugeng, Hariadi
Signifikan: Jurnal Ilmu Ekonomi Vol. 15 No. 1 (2026)
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.v15i1.49654

Abstract

Research Originality: This study contributes to the literature by providing a comparative analysis of the dynamic relationship between agricultural trade liberalisation and total factor productivity (TFP) growth across income groups. It highlights how differences in structural capacity and innovation systems shape heterogeneous productivity outcomes across countries. Research Objectives: This study re-examines the dynamic impact of agricultural trade liberalisation on TFP growth across income groups and identifies the mechanisms underlying divergent productivity outcomes. Research Methods: A panel Autoregressive Distributed Lag (ARDL) model is applied to panel data from 35 major agricultural-producing countries over the period 2007–2024 to capture heterogeneous short-run dynamics and common long-run relationships. Empirical Results: The results reveal heterogeneous effects. Trade liberalisation significantly increases TFP growth in high-income countries through stronger technology diffusion and absorptive capacity. However, it generates weak or negative effects in middle-income countries due to structural constraints and limited innovation capacity. Implications: Agricultural trade liberalisation does not automatically enhance productivity; its benefits depend on domestic structural readiness and innovation capacity. JEL Classification: F13, Q17, O47, C23
Regional Heterogeneity in Employment Determinants: Evidence from Indonesia Franse; Maichal
Signifikan: Jurnal Ilmu Ekonomi Vol. 15 No. 1 (2026)
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.v15i1.49655

Abstract

Research Originality: This study contributes to the literature by examining regional heterogeneity in employment determinants across Indonesia and underscoring the limitations of models relying solely on national aggregates. Research Objectives: This study investigates the differential impacts of foreign direct investment, economic growth, education, and health on employment at the national level and across distinct regional clusters in Indonesia. Research Methods: The study utilizes panel data regression covering 33 Indonesian provinces from 2011 to 2024, categorized into four regional clusters. Fixed- and random-effects models with robust standard errors are applied, with model selection based on formal specification tests. Empirical Results: The findings reveal substantial regional variation regarding the magnitude and statistical significance of employment determinants. While specific variables show significant associations within certain regions, these relationships remain obscured in national aggregate data. Implications: The results indicate that employment dynamics in Indonesia are inherently regional. Policymakers should prioritize regionally calibrated socioeconomic strategies over uniform national policies to effectively support employment expansion. JEL Classification: J21, F21, O15, O47, R11
Forecasting Coal Consumption Reduction for Climate Change Parsaulian, Baginda; Aidil Alfin; Zirah Eka Risandani Nasution
Signifikan: Jurnal Ilmu Ekonomi Vol. 15 No. 1 (2026)
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.v15i1.49676

Abstract

Research Originality: This study uniquely examines how reducing coal consumption could mitigate climate change and help achieve the Sustainable Development Goals by 2030. Research Objectives: This study investigates the impact of reducing coal consumption on climate change and on achieving the Sustainable Development Goals in Indonesia, a major coal exporter, as well as in China and India, which are expected to become major coal importers by 2030. Research Methods: This study employs a basic panel regression model to analyze data from 2015 to 2024, and uses an ARIMA method to forecast progress toward the Sustainable Development Goals by 2030. Empirical Results: The findings highlight the urgent need for Indonesia, China, and India to shift to clean, renewable energy to meet the Sustainable Development Goals by 2030, which aim to reduce emissions. Implications: This study recommends that the governments of Indonesia, China, and India should increase their use of renewable energy sources more consistently. JEL Classification: O1, O13, O130, O21, O210
Tariff Policy Challenges for Electronic Transmissions in Indonesia Primacita, Naufalia Dinar; Khoirunurrofik, Khoirunurrofik
Signifikan: Jurnal Ilmu Ekonomi Vol. 15 No. 1 (2026)
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.v15i1.49744

Abstract

Research Originality: This research introduces a novel empirical estimate of potential customs duty revenue from digitally transmitted imports in Indonesia, addressing a gap in digital trade policy research that has been largely filled by conceptual and legal analyses. Research Objectives: This study aims to operationalize digitally transmitted imports using Harmonized System (HS) codes across five subsectors registered in the Indonesian HS: (1)films/movies, (2)printed matter-books, (3)sound & media, (4)software, and (5)video games. Research Methods: This study constructs a panel dataset covering the period 2018–2023, using data from the Ministry of Finance and Central Bureau of Statistics. The analysis employs a two-way fixed-effects panel econometric regression model to control for unobserved heterogeneity across subsectors and over time. Empirical Results: The results indicate a positive relationship between import volume and state revenue from import duties, suggesting that higher import volumes directly contribute to increased fiscal receipts, strengthening the role of import duties. Implications: These findings highlight the growing fiscal relevance of digitally transmitted trade and suggest that the government should accelerate investment in digital infrastructure and strengthen cyber oversight to support sustainable growth in digital trade. JEL Classification: F13, F47, H2
Credit Composition and Subnational Economic Growth: Long-Run and Short-Run Evidence from East Nusa Tenggara Ketmoen, Adri; Pongge, Maria Imakulata; Leki, Salomon; Lodo, Angela Jeni
Signifikan: Jurnal Ilmu Ekonomi Vol. 15 No. 1 (2026)
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.v15i1.50180

Abstract

Research Originality. This study advances the finance–growth nexus literature by providing subnational time-series evidence on credit composition rather than aggregate credit, focusing on a structurally developing province in Eastern Indonesia. Research Objectives. This study examines whether different types of bank credit contribute differently to regional economic growth in East Nusa Tenggara. Research Methods. This study applies the Autoregressive Distributed Lag (ARDL) approach. The ARDL Bounds Test is employed to verify cointegration, followed by Error Correction Model (ECM) estimation and diagnostic stability tests. Empirical Results. The findings confirm a significant long-run relationship between credit composition and regional economic growth. Consumer credit exhibits a positive long-run effect on real GRDP, while investment credit shows a moderate impact. Working capital credit does not demonstrate a significant long-run contribution. Implications. The results suggest that not only the volume but also the credit allocation structure plays a crucial role in shaping regional economic performance. Policy strategies in developing regions should therefore emphasize productive and demand-supporting credit allocation to promote sustainable growth. JEL Classification: E44, O16, O47, R11
Impact of the Family Hope Program on Cognitive Outcomes in Poor Rural Indonesia Dillianti, Eka Ayu Kusumaning Dewi; Qibtiyah, Riatu Mariatul
Signifikan: Jurnal Ilmu Ekonomi Vol. 15 No. 1 (2026)
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.v15i1.50184

Abstract

Research Originality: This article assesses the impact of Indonesia’s Family Hope Program (PKH) using a composite cognitive score rather than single test scores and jointly analyzing additional outcomes (Body Mass Index and the Early Development Instrument), which previous conditional cash transfer evaluations have not examined together. Research Objectives: The study examines whether PKH improves cognitive outcomes among primary school children aged 6–9 years in poor rural areas of Indonesia. Research Method: The analysis uses 2013 ECED survey data about 11,183 children aged 6–9 years and employs propensity score matching to address selection bias using observational data. Empirical Results: PKH has no statistically significant effect on any cognitive test score or the composite index, and does not improve Body Mass Index. However, it has small positive effects on Early Development Instrument scores for language and cognitive development, especially basic literacy and numeracy. Implications:  The findings indicate that investments in school quality, early-childhood education, home learning resources, and nutrition should complement PKH. JEL Classification: I21, I28, I38

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