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Jurnal Ekonomi Pembangunan
Published by Universitas Sriwijaya
ISSN : 18295843     EISSN : 26850788     DOI : https://doi.org/10.29259/jep
Core Subject : Economy,
Economics, Econometrics & Finance
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 Editors receive manuscripts of unpublished paper contributions in other journals.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.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 267 Documents
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Political Dynasties and Local Spending in Indonesia Dwi Putri Larasati; Jahen Fachrul Rezki
Jurnal Ekonomi Pembangunan Vol. 21 No. 2 (2023): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v21i2.22768

Abstract

Does political dynasty affect local spending in Indonesia?  Only a few articles have taken up the political economy issues in Indonesia This study provides empirical analysis that focuses on explaining the effect of the political competition through dynasty winning in the mayoral election to the local spending that focuses on functional-classified expenditure at the district level. Using the Regression Discontinuity Design (RDD) estimation, this study examines whether the dynasty mayor has different trends in the way to spend local expenditure compared to the non-dynasty mayors. Due to the limited political competition, this study finds the magnitude effect of the dynasty mayor on local spending that used to drive the regional economy. Compared to the non-dynasty mayors on a separate sub-dataset, this study finds different effects of a dynasty between the incumbent and the non-incumbent dynasty mayor on local spending. The incumbent dynasty mayor negatively affects ‘visible’ expenditure’ e.g., grant and social assistance expenditure, social protection expenditure, housing and public amenities expenditure, education expenditure, dan current expenditure. This study also finds negative effects of the political dynasty on local spending from the dynasty mayor elected during the period of simultaneous mayoral election (2015-2018).
Do the G20 Countries' Increased Economic Growth, Foreign Direct Investment, Industry Value-added, and Population Change Contribute to CO2 Emissions? Rasyida Pertiwi; Imam Asngari; Vinny Dwi Melliny; Febrian; Gustriani
Jurnal Ekonomi Pembangunan Vol. 21 No. 2 (2023): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v21i2.22984

Abstract

Economic development plays a crucial role in contributing to CO2 emissions. Therefore, this research aims to investigate environmental degradation caused by economic activities within the scope of G-20 Countries, which comprise the largest economies and advanced industries. The primary objective of this study is to deliver an empirical study of gross domestic product, foreign direct investment, industry value-added, and population on CO2 emissions in G20 Countries. Using panel data from 2000-2022, the research found a positive correlation between GDP and CO2 emissions. Meanwhile, by utilizing GDP squared, the existence of the Environmental Kuznet Curve (EKC) theory was identified. The EKC theory indicates a significant negative correlation between GDP squared and CO2 emission. This is attributed to several factors, including increased public awareness of environmental protection and technological advancements in developed countries, contributing to improved energy efficiency. For the variables of FDI and population, a negative correlation with CO2 was found. On the other hand, the value-added industry shows a positive and significant correlation with CO2 emissions.
How Central Sulawesi Province's Natural Disasters Affect Economic Growth? Rasidin Karo Karo Sitepu; Rama Mahesa; Arief Maulana; Mhd. Asaad
Jurnal Ekonomi Pembangunan Vol. 21 No. 2 (2023): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v21i2.23005

Abstract

Historically, Indonesia is an area prone to natural disasters. Potential losses caused by natural disasters can be death, injury, illness, threatened life, sense of security, displacement, damage or loss of objects, and disruption of daily activities. The impact of natural disasters will indirectly affect output, income, demand for labor, and economic growth. This study aims to calculate the impact of natural disasters in Central Sulawesi Province (which occurred in 2018) on the regional and national economies. The method used is the Interregional Input-Output model measuring 17 sectors and 34 provinces. The findings show that Central Sulawesi Province's Gross Regional Domestic Product is IDR.114.01 trillion, decreased-12.93 percent to IDR.99.27 trillion due to natural disasters. Labor demand decreased by -9.68 percent, and income decreased by -9.58 percent. Natural disasters in Central Sulawesi Province also impacted the decline in National GDP by -0.16 percent. Disaster mitigation programs are essential for anticipating direct and indirect losses caused by natural disasters. Consequently, the government must consider the impact of inflation and economic growth when implementing disaster mitigation programs on the public agenda.
The Impact of Government Incentives on Electric Vehicle Adoption in the Metropolitan Jakarta Area Albert Hasudungan; Billy Tandean; Edrick Aurelius; Redha Widarsyah; I Kadek Dian Sutrisna Artha
Jurnal Ekonomi Pembangunan Vol. 21 No. 2 (2023): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v21i2.23050

Abstract

This study investigates the effect of government economic incentives on electric vehicles (EV) in the metropolitan Jakarta area (Jakarta, Bogor, Depok, Tangerang, Bekasi). A survey was collected from 121 prospective and current EV users in Jakarta and its neighboring regions area. The collection was then analyzed using logistic regression. The research finds that EV subsidy, EV infrastructure, EV tax deduction, and age have significant effects on EV adoption. According to this stance, higher EV subsidy propels more EV adoption. In addition, respondents significantly consider the availability of EV infrastructure for EV adoption. Our study also reveals that the younger the age, the higher the preference for EV adoption. Furthermore, the lower the tax deduction, the increasing adoption of electric vehicles. Those variables are important factors to amplify EV adoption among our research respondents. This study implies that potential consumers are aware of and react positively to policy efforts to reduce upfront and maintenance costs for the transition to EV cars in the metropolitan Jakarta area.
Does Growth Have an Impact on CO2 Emission in ASEAN Countries? Pratiwi, Ida Ayu Meisthya; Purbadharmaja, Ida Bagus Putu; Yasa, I Made Putra
Jurnal Ekonomi Pembangunan Vol. 22 No. 1 (2024): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v22i1.23047

Abstract

The impact of global warming is alarming, posing significant threats to human health and the environment. They were primarily caused by increased greenhouse gases (GHG), especially CO2, which accounts for 70% of emissions. This study analyzes the impact of the Human Development Index (HDI), Gross Domestic Product (GDP) per capita, and population on CO2 emissions in ASEAN countries using a panel data regression methodology and secondary data from the World Bank and Global Economy Website (2000-2020). Fixed Effect Model Result via E-views 10 reveals that HDI and population have positive but non-significant effects on CO2 emissions. In contrast, GDP per capita has a positive and significant effect, driven by increased consumption of fossil fuels. Governments play a crucial role in mitigating these effects through renewable energy, clean technologies, and environmental education to ensure sustainable development. Future research needs to design incentives to support environmental and economic sustainability.
Unraveling the Dynamic Impact of Money Supply, Interest Rates, and Corruption on Inflation: Evidence from Indonesia Kurniasih, Cut Endang; Budiartiningsih, Rahmita; Sari, Lapeti; Aulia, Ando Fahda; Aqualdo, Nobel; Zuryani, Hilmah
Jurnal Ekonomi Pembangunan Vol. 22 No. 1 (2024): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v22i1.23052

Abstract

This study investigates the impact of money, interest rates, and corruption on inflation in Indonesia. This data was obtained from Transparency International and the World Bank from 1995 to 2022. The Auto Regressive Distributed Lag (ARDL) model will be utilized as the estimation method. These findings reveal significant long-term relationships between the variables studied. In the long run, inflation in Indonesia is largely determined by corruption, interest rates, and the money supply. Apart from that, this significant influence is also found in short-term estimation results with different relationships. A decrease in CPI (high corruption) increases the inflation rate significantly, and vice versa. This demonstrates how crucial it is to set up strategies and policies to keep the inflation rate stable for a sustainable economy that doesn't just rely on financial tools but also lessens the likelihood of government-caused corruption and sources of income.
How Microcredit Programs Improve Business Household Well-being in the Local Economy? An Impact Evaluation Nopiah, Ririn; Pasaribu, Esti; Febriani, Ratu Eva
Jurnal Ekonomi Pembangunan Vol. 22 No. 1 (2024): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v22i1.23074

Abstract

Household welfare can be improved through microfinancial institutions' support by providing microcredit programs. The shock of the COVID-19 pandemic caused the impact on household welfare to decrease by 2.6% in 2020 in Bengkulu. This study aims to evaluate the impact of the People's Business Credit (KUR) program on the welfare of business households in Bengkulu Province through the National Socio-Economic Survey of the Central Bureau of Statistics (SUSENAS) for the 2022 wave using the propensity score matching (PSM) method. The study results show that microcredit influences household welfare in Bengkulu. Households receiving KUR had higher expenditures of 8.89% than groups not receiving the KUR program. In addition, age, number of households, education, savings account, marital status, and agricultural business influence KUR program recipient participation. The KUR program is expected to improve the quality of MSMEs and provide recommendations for enhancing KUR program services to related financial institutions.
Political and Health Influences on Demand for Indonesian Tourism Prayitno, Andaru Rachmaning Dias; Haryanto, Tri; Auwalin, Ilmiawan
Jurnal Ekonomi Pembangunan Vol. 22 No. 1 (2024): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v22i1.23082

Abstract

This study examines the impact of income, exchange rates, political conditions, and health factors on Indonesian tourism demand from 2010 to 2019, using multiple and panel regression analyses with data from Statistics Indonesia (BPS), the World Bank, the Central Bank of Indonesia (BI), and the World Health Organization (WHO). The findings indicate that the income of tourists from China, Australia, Timor Leste, and other analyzed countries positively affects tourism demand, while income from Malaysia and Singapore shows no significant effect. Exchange rates positively influence tourists from Malaysia, Singapore, Australia, Timor Leste, and other analyzed countries, but have no significant effect on Chinese tourists. Political conditions negatively impact Australian tourists, positively influence tourists from other analyzed countries, and have no significant effect on tourists from Malaysia, China, Singapore, and Timor Leste. Health factors negatively affect tourists, while having no significant effect on tourists from Singapore and Australia. The study recommends that the government enhance tourism supply to boost demand, with a focus on improving environmental sustainability, health, tourism service infrastructure, and security and safety. Additionally, there is a need for standardized governance rules to better manage the impacts of outbreaks or disasters on the tourism sector.
Do Multifinance Institutions Matter for Poverty Reduction? Evidence from Indonesia Laksmi , Ni Kadek; Soseco, Thomas
Jurnal Ekonomi Pembangunan Vol. 22 No. 1 (2024): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v22i1.23095

Abstract

Microfinance Institutions (MFIs) can help reduce poverty by offering small loans to people who cannot get bank loans due to lack of collateral. However, in Indonesia, access to microfinance institutions is unequally distributed, as shown by the establishment of MFIs in Indonesia, which covers only 22 out of 34 provinces. This condition limits their impact on poverty reduction. This study examines how access to MFIs and the loans they provide affect poverty rates in Indonesia, using cross-sectional data from 22 provinces between 2016 and 2022. The results show that access to MFIs and the loans they provide do not significantly reduce poverty. This is due to poor infrastructure, low-quality MFI services, and insufficient loan amounts. The study also found that education lowers poverty, unemployment increases it, and agriculture helps reduce it. To improve poverty reduction, the government should improve infrastructure and extend MFI coverage to more provinces. Additionally, MFIs should increase their loan amounts to make a bigger impact.
Predicting Women's Involvement for Sustainable Tourism in the Local Economy: A Bayesian Network Approach Krisnayanti, Ni Made Nami; Saskara, Ida Ayu Nyoman
Jurnal Ekonomi Pembangunan Vol. 22 No. 1 (2024): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v22i1.23098

Abstract

This study aims to explore the main factors influencing women's involvement and analyze the interaction between variables to develop policy recommendations that enhance women's involvement in tourism sustainability in Penglipuran Village. This research will use prospective analysis methods, specifically MICMAC Analysis and Bayesian Belief Network (BBN). The study's results identified several potential variables affecting women's involvement, such as awig-awig, gender equality, women empowerment, infrastructure, customary institutions, skills, and culture. Additionally, the study discusses how managing five key nodes with a 100% probability led to a 20% increase in women’s engagement and a 5% increase in tourism sustainability. The findings of this study emphasize the crucial role of handling infrastructure and customary institutions supporting women's tourism involvement. Women are expected to have equal access to resources and opportunities, alongside promoting women’s empowerment.

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