cover
Contact Name
-
Contact Email
-
Phone
-
Journal Mail Official
-
Editorial Address
-
Location
Kota tangerang selatan,
Banten
INDONESIA
Signifikan : Jurnal Ilmu Ekonomi
ISSN : 20872046     EISSN : 24769223     DOI : 10.1016
Core Subject : Economy,
Arjuna Subject : -
Articles 427 Documents
Determinants of International Migration: A Panel Data Evidence from Indonesia Salbilla Azra; Khairul Amri; Cut Dian Fitri
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.v15i1.50209

Abstract

Research Originality: This research is original in integrating education, unemployment, minimum wages, and poverty into a panel-data framework to analyze international labor migration across Indonesian provinces. Research Objectives: This study aims to investigate the impact of average educational attainment, the open unemployment rate, provincial minimum wage, and poverty rate on international migration of Indonesian workers. Research Methods: This study uses panel data from 32 provinces in Indonesia for the period 2010 to 2025 and applies a panel regression approach with a Fixed Effects Model. Empirical Results: The findings indicate significant influences from both dependent and independent variables. Average years of education, open unemployment rate, provincial minimum wage, and poverty are shown to have a negative and significant influence on the international migration patterns of Indonesian migrant workers. Implications: Policymakers should focus on affordable migration financing schemes to address poverty constraints, vocational training relevant to the international labor market, and strengthening the migration ecosystem in areas with high unemployment rates. JEL Classification: F22, I25, E24, J30, I32
Digital Financial Instruments, Financial Inclusion, and Regional Economic Performance in Indonesia Puspita, Maylawati Arum; Oktavilia, Shanty
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.v15i1.50225

Abstract

Research Originality: This study examines the joint effects of digital financial instruments and financial inclusion indicators on regional economic performance during the post-pandemic period of accelerated digital transformation. Research Objectives: The study aims to analyze the impact of electronic money transactions, third-party funds of Rural Banks (BPR), credit card transactions, and household internet access on Gross Regional Domestic Product (GRDP) per capita. Research Methods: Using panel data from 38 provinces over the 2020–2024 period, this study employs panel regression analysis. Based on the Chow and Hausman tests, the Fixed Effects Model (FEM) is selected as the most appropriate estimator. Empirical Results: The findings indicate that electronic money transactions, credit card transactions, and household internet access have a positive effect on GRDP per capita. In contrast, third-party funds of Rural Banks do not demonstrate a significant relationship with regional economic performance. Implications: The results underscore the importance of strengthening digital financial ecosystems and expanding digital infrastructure to foster inclusive and sustainable regional economic growth in emerging economies. JEL Classification: O16, O33, R11, G21
The Hidden Side of Regional Economic Growth in Bali Trisanthi, Nyoman Rahayu; Saskara, Ida Ayu Nyoman
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.v15i1.50226

Abstract

Research Originality: This research's novelty lies in its examination of the development of a multidimensional, non-compensatory framework, based on the Adjusted Mazziotta–Pareto Index (AMPI), which integrates regional fiscal priorities and socio-economic outcomes to map patterns of economic growth performance. Research Objectives: This research aims to assess the patterns and dynamics of economic growth performance across regencies and municipalities in Bali Province before, during, and after the COVID-19 pandemic, with particular attention to differences in growth quality, resilience, and recovery. Research Methods: This research employs the Adjusted Mazziotta–Pareto Index (AMPI) analysis from 2016 to 2024, which is constructed using five indicators: government spending on public services, education, health, lowering the poverty rate, and supporting GRDP growth. Empirical Results: The results indicate that economic growth performance across regencies and municipalities in Bali Province is dynamic and heterogeneous, varying by region and period. Implications: Regional development policies should prioritize the quality and resilience of economic growth by balancing public spending across structurally impactful sectors and adopting adaptive fiscal strategies. JEL Classification: H72, O47, R11, I32
Structural Determinants of Regional Poverty in West Nusa Tenggara Loka, Intania Puspita; Margaret, Silvia
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.v15i1.50234

Abstract

Research Originality: This study contributes to the existing literature by examining the structural determinants of regional poverty at the regency and municipal levels in West Nusa Tenggara Province using the most recent post-pandemic panel dataset. Research Objectives: This study aims to analyze the effects of minimum wages, open unemployment rates, income inequality, and educational attainment on poverty rates in West Nusa Tenggara Province. Research Methods: The study uses panel data spanning 2018–2024 and covers 10 regencies and municipalities in West Nusa Tenggara Province. The Fixed Effects Model (FEM), selected based on the Chow and Hausman specification tests, is employed to estimate the relationship between poverty rates and the explanatory variables. Empirical Results: The results indicate that the minimum wage has a negative, statistically significant effect on poverty rates, whereas income inequality has a positive effect. In contrast, the open unemployment rate and educational attainment do not demonstrate statistically significant effects on poverty. Implications: These findings suggest that poverty alleviation strategies should prioritize strengthening wage protection frameworks and mitigating income inequality to foster inclusive and sustainable regional development. JEL Classification: I32, O15, J31, R11
Economic Growth and Greenhouse Gas Emissions in Asia: A Dynamic Panel Analysis Across Income Groups Nugroho, Hari
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.v15i1.50310

Abstract

Research Originality: This study contributes to environmental economics by examining the relationship between economic growth and greenhouse gas emissions across Asian countries, while accounting for differences in income levels. Using a dynamic STIRPAT framework, the analysis also incorporates urbanization, energy intensity, and carbon intensity to understand how emission drivers vary across stages of development. Research Objectives: The study aims to explore the dynamic link between economic growth and greenhouse gas emissions and to identify how demographic and technological factors influence emission patterns in lower-middle-, upper-middle-, and high-income Asian economies. Research Methods: The analysis uses panel data from 41 Asian countries during 1990–2022 and applies a dynamic panel estimation method, the two-step System Generalized Method of Moments (System-GMM). Empirical Results: Economic growth and urbanization generally increase greenhouse gas emissions. However, the main drivers differ by income level. In lower-middle-income countries, emissions are mainly driven by economic growth and carbon intensity. In upper-middle-income countries, urbanization and energy intensity play a larger role, while in high-income countries, the link between growth and emissions becomes weaker. Implications: These findings suggest that environmental policies should be tailored to each stage of economic development. JEL Classification: C23, Q56, O44, Q43
Structural Drivers of Risk-Taking in Indonesia’s Islamic Banks Suprapto, Agus; Al Arif, Mohammad Nur Rianto; Yama, Indo; Warninda, Titi Dewi
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.v15i1.50328

Abstract

Research Originality: This research is original in its focus on the long-run structural determinants of risk-taking in Indonesian Islamic banking. Research Objectives: The study aims to analyze how liquidity, profit-and-loss sharing (PLS), financing growth, financing-to-deposit ratio (FDR), economic growth, and inflation influence risk-taking behavior in Islamic banks. Research Methods: This study employs ARDL and Error Correction Model (ECM) techniques. The study investigates quarterly data from 2015 to 2024 to assess short-run and long-run relationships. The ECM framework provides insights into the adjustment mechanism toward equilibrium. Empirical Results: In the short run, liquidity, PLS, and financing growth significantly affect risk-taking. In the long run, liquidity has a significant negative effect, whereas PLS and Z-score exhibit a positive effect. Other variables are not statistically significant. The ECM confirms a strong adjustment mechanism, indicating that approximately 33.5% of short-run deviations are corrected toward long-run equilibrium each quarter. Implications: Policymakers and practitioners should design risk management strategies that differentiate between short-run operational adjustments and long-run macroeconomic anticipation. JEL Classification: C32, G21, G32, O16
The Role of Fertilizer Subsidies in Rice Productivity and Profitability: Evidence from Indonesian Smallholder Farmers Widyastutik, Widyastutik; Aminah, Mimin; Panjaitan, Dian Verawati; Cahyadi, Eko Ruddy
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.v15i1.50435

Abstract

Research Originality: This study provides micro-level evidence on the dual effects of fertilizer subsidies on rice farmers’ production and profitability, a dimension rarely examined simultaneously at the household level in Indonesia. Using data from two contrasting rice-producing regions, the study isolates subsidy effects on both physical output and farm profit while controlling for input costs and price conditions. Research Objectives: To analyze the effects of fertilizer subsidies on rice production and farm profit in Karawang (West Java) and Lombok (West Nusa Tenggara). Research Methods: OLS regression was applied to cross-sectional data from 51 rice-farming households. Two models were estimated: a production function and a profit function. Empirical Results: Fertilizer quantity, land size, and labor positively influence rice production. Farm profit is significantly affected by production quantity, rice price, total cost, and pesticide cost. Fertilizer cost is not a significant determinant of profit. Implications: Fertilizer quantity, not cost, drives production. Subsidies should be maintained but reoriented toward targeted, quantity-based schemes and improved distribution efficiency to maximize welfare impact. JEL Classification: Q12, Q18, D24, I32