Jurnal Ekonomi Pembangunan
Jurnal Ekonomi Pembangunan is a peer-reviewed journal that provides a forum for scientific works pertaining to Development Economics. Published twice in a year (June and December). This Journal has p-ISSN 1829-5843, and e-ISSN 2685-0788. This journal was first published since June 2003 by the Department of Development Economics, Faculty of Economics, Universitas Sriwijaya. Editors receive manuscripts of unpublished paper contributions in other journals. JEP is expected to be used as a reference for academicians in writing a scientific, relevant, and dynamic article to enhance the new generation that is found in writing an academic paper. Jurnal Ekonomi Pembangunan accepts only English Article within the focus and scope of this journal are development economics, energy economics, environmental economics, international trade, public finance, rural development, regional economics, financial development, monetary economics, industrial economics, Islamic economics, agricultural economics, and labor economics.
Articles
267 Documents
<![CDATA[COVID-19 Social Assistance Program and Poverty: Evidence from Indonesia ]]>
<![CDATA[Sri Juli Asdiyanti Samuda]]>;
<![CDATA[Erna Suprihartiningsih]]>
<![CDATA[ Jurnal Ekonomi Pembangunan Vol. 20 No. 2 (2022): Jurnal Ekonomi Pembangunan ]]>
Publisher : <![CDATA[Department of Development Economics, Universitas Sriwijaya ]]>
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DOI: 10.29259/jep.v20i2.19088
<![CDATA[The COVID-19 pandemic and policy response caused widespread disruptions to Indonesia's economy. Besides prioritizing saving people's lives during the COVID-19 pandemic, the government's focus is also to minimize the negative economic impact of the pandemic, including allocating social assistance programs to support household well-being. This study examines the role of COVID-19 social assistance programs in protecting households from falling into poverty during the COVID-19 pandemic. Using a longitudinal dataset from SUSENAS March and September 2020, this study employs difference-in-difference estimation with a conditional logit model to estimate the impact of COVID-19 social assistance programs on household poverty status. The result shows that the COVID-19 social assistance programs positively prevent households from becoming poor during the COVID-19 pandemic.]]>
<![CDATA[The Effect of Economic Growth, Fiscal Decentralization, Fiscal Stress, and Economic Openness on Regional Inequality ]]>
<![CDATA[Hanny Tri Putri]]>;
<![CDATA[Didik Susetyo]]>;
<![CDATA[Feny Marissa]]>;
<![CDATA[Sukanto Sukanto]]>
<![CDATA[ Jurnal Ekonomi Pembangunan Vol. 20 No. 2 (2022): Jurnal Ekonomi Pembangunan ]]>
Publisher : <![CDATA[Department of Development Economics, Universitas Sriwijaya ]]>
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DOI: 10.29259/jep.v20i2.19113
<![CDATA[Regional inequality is a phenomenon that occurs universally in all countries, regardless of their size and level of development. Regional inequality is basically caused by differences in the content of natural resources and demographic conditions in each region This study aims to determine the effect of economic growth, the degree of fiscal decentralization, fiscal stress, and economic openness on regional inequality between provinces in Sumatra during the 2010-2020 period. The method used in this study is the panel data regression analysis method using the Random Effect Model. The results showed that simultaneously economic growth, degree of fiscal decentralization, fiscal stress and economic openness influenced regional inequality. Partially, economic growth and the degree of fiscal decentralization have a negative but not significant effect on regional inequality, while fiscal stress has a positive but not significant effect on regional inequality, and economic openness has a positive and significant effect on regional inequality. The implication of this research is that local governments need to adopt policies to impose restrictions on exports and imports, such as barriers in the form of quotas or tariffs.]]>
<![CDATA[Does Economic Growth, Wage Rate, and Industrial Development Matter for Labor Absorption? ]]>
<![CDATA[Dirta Pratama Atiyatna]]>;
<![CDATA[Ichsan Hamidi]]>;
<![CDATA[Trie Sartika Pratiwi]]>;
<![CDATA[Hamira Hamira]]>
<![CDATA[ Jurnal Ekonomi Pembangunan Vol. 21 No. 1 (2023): Jurnal Ekonomi Pembangunan ]]>
Publisher : <![CDATA[Department of Development Economics, Universitas Sriwijaya ]]>
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DOI: 10.29259/jep.v21i1.19172
<![CDATA[The dimensions of employment problems are not just limited field or job opportunities and low productivity but are much more serious with different causes. This study aims to determine the effect of the rate of economic growth, economic growth, minimum wages, and the number of industrial units on employment in South Sumatra Province. The data analysis method used in this study is a quantitative analysis method using panel data regression and usage. This research covers a broad scope, namely as many as 17 districts/cities in South Sumatra for 6 years (2014-2019). Based on the results of the analysis and discussion that has been carried out, it can be concluded that the districts/cities in South Sumatra Province in 2016-2019 had the highest employment by looking at the Random Effect Model (REM) labor estimation coefficient which shows that the highest employment is in Palembang City at 75,452,015. Meanwhile, the lowest value is in the Ogan Ilir district at 68,194,663.]]>
<![CDATA[Does Globalization Worsen Environmental Quality in ASEAN Countries? ]]>
<![CDATA[Stannia Cahaya Suci]]>;
<![CDATA[Vadilla Mutia Zahara]]>;
<![CDATA[Rah Adi Fahmi Ginanjar]]>;
<![CDATA[Cep Jandi Anwar]]>
<![CDATA[ Jurnal Ekonomi Pembangunan Vol. 20 No. 2 (2022): Jurnal Ekonomi Pembangunan ]]>
Publisher : <![CDATA[Department of Development Economics, Universitas Sriwijaya ]]>
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DOI: 10.29259/jep.v20i2.19176
<![CDATA[The era of globalization, which is characterized by integration between economies, increases world output, but environmental damage becomes an important concern to achieve sustainable growth. Therefore, this study intends to estimate the impact of globalization in economic, social side and political terms together with the variables of GDP per capita, financial development and energy spending on carbon emissions and to prove the presence of Kuznets Environmental Curve Hypothesis in ASEAN using panel data over 2000-2019 period. The results of the study proved that globalization, especially social globalization, and energy consumption have role in escalating environmental damage. GDP per capita is found in the reduction of carbon emissions but financial development was discovered to have no significant impact on increasing carbon emissions. This study does not prove the presence of EKC. Hence, this proposes crucial implications for policy makers. These findings suggest that the policy makers to make sustainable energy development strategies while increasing regional income and economic development through globalization.]]>
<![CDATA[Revisiting the Impact of Density on Social Capital: A Study Case in the Capital City of Indonesia ]]>
<![CDATA[Usep Nugraha]]>;
<![CDATA[Rus’an Nasrudin]]>
<![CDATA[ Jurnal Ekonomi Pembangunan Vol. 20 No. 2 (2022): Jurnal Ekonomi Pembangunan ]]>
Publisher : <![CDATA[Department of Development Economics, Universitas Sriwijaya ]]>
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DOI: 10.29259/jep.v20i2.19214
<![CDATA[Density is an important indicator closely related to the rate of urbanisation in cities. Density alters social capital, yet the directions of the association remain an open empirical investigation. This study aims to analyse how density and social capital are related in Jakarta, the capital, and the most populous city in Indonesia. Utilising a simple regression and an entropy balance approach to address the selection issue, this study finds that an increase in density of 10 thousand inhabitants per square kilometre is associated with a 2% higher possibility of societies having high social capital. The result is also robust using another definition of social capital and transformation of density variable. A policy recommendation that can be taken based on this study’s results is that the government can design dense urban planning as a model of sustainable urban design, particularly the sustainability in social aspects.]]>
<![CDATA[The Effectiveness of Islamic Capital Market Securities in Supporting MSMEs Working Capital Financing ]]>
<![CDATA[Fera Widyanata]]>;
<![CDATA[Ahmad Syathiri]]>;
<![CDATA[Nia Meitisari]]>;
<![CDATA[Asfeni Nurullah]]>
<![CDATA[ Jurnal Ekonomi Pembangunan Vol. 21 No. 1 (2023): Jurnal Ekonomi Pembangunan ]]>
Publisher : <![CDATA[Department of Development Economics, Universitas Sriwijaya ]]>
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DOI: 10.29259/jep.v21i1.19309
<![CDATA[This study was undertaken to determine how effective Islamic Capital Market Securities, namely the issuance of subordinated sukuk and others sukuk in Islamic banking, are on the quantity of working capital financing distribution to MSMEs in Indonesia. By using monthly time series secondary data and multiple linear regression analysis techniques, it was found that the issuance of subordinated sukuk and others sukuk had a significant positive effect on increasing the quantity of working capital financing distribution to MSMEs. It can be concluded that the policy of Islamic banking to issue Islamic Capital Market Securities effectively supports the increase in the working capital of MSMEs.]]>
<![CDATA[Effect of International CPO Prices, Substitution Goods Prices, and Exchange Rates on Crude Palm Oil (CPO) Export Volume in Indonesia ]]>
<![CDATA[Yanira Berthi Ayu Pradina]]>;
<![CDATA[Dhian Adhitya]]>
<![CDATA[ Jurnal Ekonomi Pembangunan Vol. 21 No. 1 (2023): Jurnal Ekonomi Pembangunan ]]>
Publisher : <![CDATA[Department of Development Economics, Universitas Sriwijaya ]]>
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DOI: 10.29259/jep.v21i1.19447
<![CDATA[This study aims to analyze the effect of international CPO prices, substitution goods prices, and exchange rates on CPO export volume in Indonesia in the long and short term. The type of research used is quantitative. The data used in this study used secondary data in the form of time series data from January 2014 to June 2022. The data was obtained from the websites of Bank Indonesia (BI), the Indonesian Central Statistics Agency (BPS), the Ministry of Trade and Economic Research. The analysis method used in this study is the Error Correction Model (ECM). The results of research that has been conducted where international CPO prices in the short and long term have a significant and positive influence on Indonesia's CPO export volume. Meanwhile, the price of substitution goods in the short and long term has a negative relationship with CPO Export Volume. Then the variable exchange rate in the long term and in the short term has a significant influence on the CPO Export Volume. For this reason, the government is that it can be used for information and input materials to improve CPO exports for the better in the future. This can be done in several ways to reduce export costs charged to producers so as to maximize international CPO prices in Indonesia. ]]>
<![CDATA[Sustainability of Microfinance Institutions: An Analysis of Influencing Factors in South Sumatra Province ]]>
<![CDATA[Ariodillah Hidayat]]>;
<![CDATA[Suhel Suhel]]>;
<![CDATA[Mardalena Mardalena]]>
<![CDATA[ Jurnal Ekonomi Pembangunan Vol. 21 No. 1 (2023): Jurnal Ekonomi Pembangunan ]]>
Publisher : <![CDATA[Department of Development Economics, Universitas Sriwijaya ]]>
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DOI: 10.29259/jep.v21i1.19573
<![CDATA[Microfinance has become an important tool for poverty alleviation in many countries and the Indonesian government through various intervention programs to overcome poverty has also implemented microfinance programs in Indonesia, one of which is through the Kota Tanpa Kumuh (Kotaku) Program. This study aims to analyze the factors that affect the sustainability of the Financial Management Unit (UPK) Microfinance Institutions (MFI) operating in South Sumatra Province. The purpose of this study is to gain a better understanding of these factors and their sustainability so that they can provide recommendations to stakeholders at both the central and regional levels. The data collection method was used by surveying 50 samples of the UPK Community Self-Reliance Agency (BKM) spread across three cities, namely Palembang City, Prabumulih City and Lubuk linggau City which is the largest city there are UPK BKM microfinance institutions from 7 cities and districts intervened in the Province South Sumatra. The analytical method in this study uses logistic regression to analyze data using descriptive qualitative analysis to explain the factors that influence the sustainability of UPK BKM Microfinance Institutions (MFI) in South Sumatra Province. The results showed that the factors that had a significant effect on the level of sustainability of MFI were BKM support and portfolios at risk.]]>
<![CDATA[Assessing Fiscal Sustainability in Indonesia: Error Correction Mechanism Diagnostic ]]>
<![CDATA[Gabriella Deby Laura]]>;
<![CDATA[Rahmania Nur Chasanah]]>;
<![CDATA[Nafisatul Faridah]]>;
<![CDATA[Fitri Kartiasih]]>
<![CDATA[ Jurnal Ekonomi Pembangunan Vol. 21 No. 1 (2023): Jurnal Ekonomi Pembangunan ]]>
Publisher : <![CDATA[Department of Development Economics, Universitas Sriwijaya ]]>
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DOI: 10.29259/jep.v21i1.19624
<![CDATA[Indonesia's debt is increasing and is not controlled properly, which will result in a fiscal budget deficit. This study aims to determine the condition of fiscal sustainability in Indonesia by looking at the factors that affect the debt-to-GDP ratio in 2012 Quarter I to 2022 Quarter II. Fiscal sustainability can be seen from the debt-to-GDP ratio proxy variable and the independent variables used are the previous quarter's debt ratio, economic growth, inflation, and the exchange rate. This research is a qualitative type with a brief descriptive about the state of the debt ratio and the variables that influence it and quantitatively using the Error Correction Mechanism (ECM) using statistical software called EViews. The results show that in the long term the debt-to-GDP ratio in Indonesia is significantly influenced by the previous quarter's debt ratio, economic growth, inflation, and the exchange rate. Meanwhile, in the short term, changes in the debt to GDP ratio are significantly influenced by changes in the debt ratio in the previous quarter, changes in economic growth, and changes in inflation.]]>
<![CDATA[Identifying Factors Influencing Urbanization in Denpasar City ]]>
<![CDATA[Gde Indra Surya Diputra]]>;
<![CDATA[I Made Risma M. Arsha]]>
<![CDATA[ Jurnal Ekonomi Pembangunan Vol. 21 No. 1 (2023): Jurnal Ekonomi Pembangunan ]]>
Publisher : <![CDATA[Department of Development Economics, Universitas Sriwijaya ]]>
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DOI: 10.29259/jep.v21i1.19749
<![CDATA[Urbanization has both positive and negative impacts on an area. This study aims to analyze the relationship between GRDP, district minimum wages, and labor participation with urbanization in Denpasar City. The research method used is multiple linear regression analysis using GRDP data, district minimum wages and labor participation in 2010 - 2020 and processed with SPSS version 25.0 with a determined significance level of 95% (p <0.05). The results of the study show that the Gross Regional Domestic Product (GRDP), district minimum wages and labor participation affect urbanization partially and simultaneously with probability (p<0.05). Testing the level of correlation with the Adjusted R Square of 0.999 (99.9%) gross regional domestic product (GRDP), district minimum wages and labor participation have a very strong influence on urbanization in Denpasar City. Socio-economic disparities, inadequate infrastructure, low industrialization, low job availability, low wages, and inadequate social networks increase the desire for urbanization. The practical implication of this research is to increase economic growth and equity in controlled urbanization areas as a solution to accelerating economic development.]]>
