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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 Editors receive manuscripts of unpublished paper contributions in other journals.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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Understanding the Dynamic Linkages: Inflation, Real Balances, and Their Impact on Economic Growth in ECOWAS Muhammad, Mansur; Baita, Abubakar Jamilu; Ansari, Saba
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.v22i1.23106

Abstract

This study examines the dynamic relationship between growth, inflation, and real money balances in the Economic Community of West African States (ECOWAS). We apply a new approach by extending comprehensive econometric methods so that monetary dynamics can be better understood in the West African sub-region. The study obtained data from the World Bank from 2006 to 2021 and covered 15 countries. For robustness checks, we estimate dynamic ordinary least squares and fully modified ordinary least squares. These findings reveal the existence of a significant cointegration relationship between growth, real balance, and inflation. Furthermore, this study found that real balance has a positive long-run dynamic impact on growth. Likewise, there is a short-run positive impact of money and inflation on growth. We contribute to the literature on the money-growth nexus by focusing on West Africa, which faces macroeconomic vulnerabilities due to structural imbalances. These findings have policy implications for central banks and the Fiscal Agency. Central Banks must collaborate to reduce money in the informal sector, while Fiscal Authorities must control inflation collectively.
Hexahelix Analysis: Accelerating Food Loss and Waste Management in Support of Circular Economy Implementation in the Local Region Octavianto, Said Nur; Amin Pujiati; Sucihatiningsih Dian Wisika Prajanti
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.v22i1.23111

Abstract

The substantial amount of food waste generated in Sragen Regency due to inadequate food loss and waste (FLW) management has a detrimental impact on the environment. This study aims to analyze the efforts to optimize FLW management, examine the relationships between variables, and assess stakeholder synergy in accelerating FLW management to support the implementation of a circular economy in the Sragen Regency. This research employs a mixed-methods approach, with data analysis conducted using MICMAC and MACTOR methodologies. The MICMAC analysis results indicate that stakeholder relationships, waste prevention, location factors, cultural factors, and community scale are the core variables for accelerating improvements in FLW management. In contrast, the MACTOR analysis identifies the Environmental Agency (DLH), Kecik Waste Bank, and Si Repi Waste Bank as the primary stakeholders in these efforts. Additionally, the MACTOR analysis highlights changes in community behavior and the utilization of FLW in the circular economy as primary objectives agreed upon by all stakeholders. The findings from the MICMAC and MACTOR analyses provide a basis and reference for determining the model and grand design of an FLW management acceleration strategy to support the implementation of a circular economy in the Sragen Regency.
Does the Manufacturing Industry Reduce Poverty on Sumatra Island? Mukhlis, Dr.; Suhel, Dr; Aulia, Yunita; Indah Lestari, Putri; Hamira
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.v22i1.23124

Abstract

Poverty alleviation is an important priority for governments. Encouraging manufacturing growth is often seen as an effective strategy to alleviate poverty. However, the impact of such growth on poverty rates in Sumatra Island remains unclear. This study analyze the impact of manufacturing growth on poverty rates in 10 provinces in Sumatra Island, using secondary data from 2008 to 2022. Using the quantitative approach and panel data regression analysis, the results show that industrial growth in Sumatra Island, although not significant, has an impact on poverty reduction. However, industrial growth can indirectly absorb labor. Labor and education variables have a negative and significant effect on poverty.  These findings highlight the need for policy interventions focusing on vocational education and training, infrastructure improvement, economic diversification, labor policies, and local community empowerment to effectively reduce poverty.
Unveiling the Global Economic Impacts from Demographic Change in East Asia: An Estimation and Web Explores Ardita, Andin; Marktanner, Marcus
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.v22i1.23129

Abstract

This paper explores the economic consequences of demographic changes on development in 208 countries through 2100. We employ panel fixed effects models to estimate long-run equilibrium relationships between capital stock, labor force, and economic growth. Cointegration analysis confirms the existence of these long-run relationships. We affirm that there is a steady, long-run relationship between GDP, capital stock, and population.  We also present our findings in an interactive web application, allowing users to explore how population shifts might impact economies worldwide. Highlighting key trends, we offer an illustrative case study of East Asia, while emphasizing the tool's universal applicability. Thus, this work does not seek to engage in specific academic discourse, but rather endeavors to contribute a valuable resource for informed public dialogue concerning the global economic implications of anticipated demographic transformations. The results show that the "Comparative Global Weights Forecasts" section showcases economic clout, illustrating Japan's decline and Indonesia's rise in global GDP rankings. Lastly, the "Comparative Regional Forecasts" section contrasts regional dynamics, such as East Asia & the Pacific versus South Asia, highlighting population peaks, economic growth disparities, and shifts in global GDP shares.
Addressing the Twin Threats: Combating Child Stunting and Poverty Among Indonesian Farmworker Families Mardalena; Nida, Rahma; Kurnia, Tuti; Harunurrasyid
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.v22i1.23142

Abstract

This study identifies the underlying factors contributing to child stunting and poverty among Indonesian farmworker households. We use logistic regression and the Indonesian Family Life Survey to measure this study. The findings indicate that social and demographic factors significantly influence poverty among farming families. Families with more farming businesses and land ownership are less likely to be poor. However, there is no significant link between agricultural productivity and child stunting. Positive factors for child nutrition include exclusive breastfeeding for at least two years and a father's higher education level. In contrast, older maternal age and larger household size increase the likelihood of child stunting. The study highlights the importance of social and demographic factors in addressing poverty and child health in agricultural settings. Parental education and breastfeeding practices play crucial roles in preventing stunting. To address these issues, policies should focus on educating parents about the benefits of exclusive breastfeeding and early childhood nutrition. Supporting farming families by increasing agricultural productivity and land ownership is essential. Developing targeted nutritional programs for children in larger households and those with older mothers can help prevent stunting.
Do Environmental Regulations Attract Foreign Direct Investment Inflows in OIC Countries? Santika, Ana; Azzaki, Muhammad Adnan; Arifin, Ah. Ali
Jurnal Ekonomi Pembangunan Vol. 23 No. 1 (2025): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v23i1.23158

Abstract

This study investigates the controversial impact of environmental regulations and foreign direct investment (FDI) inflows, specifically in 32 Organization of Islamic Cooperation (OIC) countries from 2005 to 2020. Challenging the widely debated "pollution haven" hypothesis—which posits that lax environmental standards attract FDI—we investigate whether stringent environmental policies deter investment inflows in this underexplored region. Our comprehensive panel data analysis reveals a surprising outcome, strict environmental regulations in OIC nations do not deter FDI. in fact, they may even encourage it. These findings defy conventional wisdom and offer crucial insights for policymakers, suggesting that robust environmental frameworks can enhance a country's attractiveness to foreign investors. This research encourages a fundamental reassessment of how we understand the interplay between environmental stewardship and global investment.
Does Socioeconomic and Environmental Factors Exacerbate Undernourishment in Asia and Africa? Azhar, Neng Zulfa; Pratama, Dito Alif; Lapasa, Amanca Pamalina
Jurnal Ekonomi Pembangunan Vol. 23 No. 1 (2025): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v23i1.23208

Abstract

This study investigates the impact of socioeconomic and environmental factors on undernourishment, across seven selected countries in Asia and Africa from 2001 to 2020. Employing a fixed-effects panel regression, we analyze the impact of GDP per capita, female employment in agriculture, electricity access, greenhouse gas emissions, and foreign direct investment on the incidence of undernourishment. Our findings indicate that higher GDP per capita, greater female participation in agricultural labor, and improved electricity access are associated with significant reductions in undernourishment. Conversely, elevated greenhouse gas emissions and increased foreign direct investment appear to exacerbate undernourishment. These results underscore the critical need for policymakers to prioritize investments in sustainable agricultural practices, emphasizing low-emission technologies that enhance both efficiency and product quality. Furthermore, expanding electrification and empowering women in agriculture are crucial strategies for strengthening household food security by increasing food availability and diversity. This study provides an integrated perspective on the complex challenge of undernourishment, highlighting the dynamic interplay between economic and environmental policies.
The Relationship between Poverty and Environmental Damage in Indonesia: A VECM Analysis Wahyudi, Setyo Tri; Badriyah, Nurul; Nabella, Rihana Sofie; Sari, Kartika; Rahmawati, Amalia
Jurnal Ekonomi Pembangunan Vol. 23 No. 1 (2025): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v23i1.23254

Abstract

This study investigates the relationship between poverty and environmental damage in Indonesia. This study consists time series data covering the period from 2000 to 2023, and utilized the vector error correction model. The short-run findings reveal that economic inequality exacerbates CO2 emissions, as affluent groups exploit resources and disadvantaged community resort to unsustainable practices. This is compounded by political and economic power weakening environmental regulations. Conversely, CO2 emissions exacerbate poverty, especially in rural areas reliant on natural resources, making them vulnerable to environmental shocks. A strong positive correlation exists between ecological footprint per capita and CO2 emissions, driven by resource consumption and fossil fuel reliance, though renewable energy adoption shows promise in mitigating emissions. In the long run, our findings align with the Environmental Kuznets Curve theory, suggesting that economic growth, supported by clean energy and sound environmental policies, ultimately leads to reduced environmental impact. These findings underscore the critical need for balanced strategies that simultaneously address poverty alleviation and promote ecological sustainability through inclusive policies and a transition to renewable energy.
Asymmetric Impact of Exchange Rate and Industrial Production on Indonesian Agricultural Exports Elfiana; Fachrurrozi, Kamal
Jurnal Ekonomi Pembangunan Vol. 23 No. 1 (2025): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v23i1.23317

Abstract

The agricultural sector plays a pivotal role in the economies of agrarian nations. This study investigates the asymmetric impact of both the exchange rate and the industrial production index on Indonesian agricultural exports from January 2010 to August 2023. Employing the Non-Linear Autoregressive Distributed Lag (NARDL) model, we captured the nuanced asymmetric effects of these predictors. Our findings reveal that both positive (depreciation) and negative (appreciation) exchange rate asymmetries significantly influence agricultural exports in the long run. The exchange rate multiplier effect suggests that depreciation will lead to increased agricultural exports in the short run, partly due to future exchange rate interventions. Furthermore, a positive industrial production index consistently and significantly impacts agricultural exports in both the short and long run, demonstrating steady growth over time. These findings carry important policy implications. Policymakers should consider these findings when controlling and maintaining the exchange rate at an optimal level. Policymakers should prioritize the development and strengthening of the industrial sector to enhance agricultural export performance.
Does Government Spending Reduce Poverty in Local Economies? A Dynamic GMM Analysis Fitri, Cut Dian; Amri, Khairul
Jurnal Ekonomi Pembangunan Vol. 23 No. 1 (2025): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v23i1.23360

Abstract

Poverty has been a challenge for economic development in various regions in Indonesia. This study offers empirical insights into the effectiveness of fiscal policy as a strategic development instrument in reducing poverty. This study investigates the impact of local government spending on poverty alleviation in Jambi Province, addressing a critical challenge in regional economic development. We specifically examine the effects of expenditures on health, education, and economic functions on poverty levels. Utilizing panel data from 11 districts and cities in Jambi Province between 2016 and 2023, we employ a dynamic Generalized Method of Moments (GMM) model for robust analysis. Our empirical results indicate that health and economic function expenditures significantly reduce poverty levels. Conversely, while education spending exhibits a negative correlation with poverty, this effect is not statistically significant. These findings highlight the importance of optimizing regional budget allocations, particularly towards health and economic programs, as a practical implication for effective poverty reduction strategies in Jambi Province. This research contributes to understanding the nuanced role of local fiscal policy in addressing poverty in decentralized contexts.

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