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Contact Name
Abdul Bashir
Contact Email
abd.bashir@unsri.ac.id
Phone
-
Journal Mail Official
jep@fe.unsri.ac.id
Editorial Address
Jalan Raya Prabumulih-Inderalaya KM. 32, Ogan Ilir, Sumatera Selatan, Indonesia.
Location
Kab. ogan ilir,
Sumatera selatan
INDONESIA
Jurnal Ekonomi Pembangunan
Published by Universitas Sriwijaya
ISSN : 18295843     EISSN : 26850788     DOI : https://doi.org/10.29259/jep
Core Subject : Economy,
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 Editors receive manuscripts of unpublished paper contributions in other journals.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
The Role of Information and Communication Technology on Tax Revenue in Indonesia Afrizal, Moslem; Khoirunurrofik, Khoirunurrofik
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.v23i1.23192

Abstract

Taxes are a fundamental component of the economy, serving as a primary resource of revenue for governments across the globe. Tax revenues are essential for financing public expenditures such as education, healthcare, and infrastructure. This study aims to analyze the indirect relationship between information and communication technology (ICT) and tax revenue in Indonesia, specifically through tax compliance. We select ICT due to its established role as an integral part of society and helps streamline tax administration, including payment, reporting, and auditing. The data used in this study comprise panel data at the provincial level from 2018 to 2022. The tax indicator used is the tax ratio, while the ICT indicators include base transceiver station (BTS) infrastructure, and internet penetration. Utilizing the two-stage least squares (TSLS) method, this study finds that ICT has a positive correlation with the compliance ratio, and the compliance ratio, in turn, has a positive correlation with tax revenue. The implications of this study suggest the expansion of telecommunications infrastructure coverage across all regions of Indonesia and the utilization of technology in disseminating tax information to continually improve tax compliance and tax revenue mobilization.
Revealing the Impact of Electronic Money and Economic Factors on the Velocity of Money in Indonesia Margaretha, Viony; Wahyudi, Setyo Tri
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.v23i1.23217

Abstract

The velocity of money is an important indicator that shows the efficient use of money in economic transactions. This study analyzes the effect of electronic money and economic factors such as GDP, interest rate, exchange rate, and composite stock price index on the velocity of money in Indonesia. The Error Correction Model (ECM) analysis method was used to estimate the equilibrium relationship in the short and long run using quarterly data for the period from 2016-2023. The findings indicate that in the long run, GDP, interest rate, and the composite stock price index have a positive and significant effect. Meanwhile, electronic money and exchange rate have a negative and significant effect on the velocity of money. On the other hand, the findings indicate that in the short run, GDP has a positive and significant effect on velocity of money. Whereas, electronic money, interest rate, exchange rate, and composite stock price index have no significant effect in the short run. These results imply that the government should support the expansion of electronic money systems to increase payment accessibility and efficiency, as well as maintain economic stability as fluctuations in economic factors significantly affect the velocity of money.
Linking Climate Change and Regional Economic Growth in Indonesia Aulia, Ando Fahda; Iyan, Rita Yani; Kurniasih, Cut Endang
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.v23i1.23252

Abstract

Weather factors have become a critical climate change issue at global forums because climate change can impact natural and human life, especially economic activities, as demonstrated by one of the examples of economic growth in a country. As a climate-vulnerable country, Indonesia experiences significant fluctuations in weather patterns, impacting key economic sectors, especially agriculture. Utilizing secondary data from 2014 to 2022, the study applies a panel data regression model to examine the relationship between climate and Gross Regional Domestic Product (GRDP) per capita growth as a proxy of regional economic growth. The findings revealed that rainfall and average air temperature have a negative sign and significantly affect economic growth, particularly in natural-resource-dependent sectors. The population growth rate also has a negative sign and significant influence on GRDP per capita dynamics, underscoring the need for enhanced economic capacity to match demographic changes. These findings provide valuable insights for policymakers to incorporate climate considerations into sustainable economic planning, especially for climate-sensitive sectors.
Government Bonds and Central Bank Assets in Global Crisis Mitigation Efforts in Indonesia Seftarita, Chenny; Suriani; Ferayanti; Fitriyani; Diana, Asri
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.v23i1.23286

Abstract

This study investigates the integrated effectiveness of government bonds and central bank assets within Indonesia's policy mix for mitigating global crises, an area often examined in isolation. Our primary objective is to quantify the short and long-run impacts of these instruments on Indonesia's economic growth during periods of global economic turbulence. Utilizing quarterly data spanning 2009 to 2021, we employ an Autoregressive Distributed Lag (ARDL) model. Empirical results reveal that both government bonds and central bank assets positively influence economic growth in both the short and long run. In the short run, these instruments are effective in stimulating economic activity and cushioning the immediate impacts of a global crisis. However, the long-run analysis indicates that while their supportive role persists, over-reliance, particularly through sustained fiscal deficits, can lead to a weakening of macroeconomic performance. Practical implications—prudent and balanced management of fiscal and monetary policies is essential to ensure long-term economic stability. Improving the quality of public spending is essential in strengthening debt governance, and encouraging close collaboration between fiscal and monetary authorities to optimize crisis mitigation strategies and promote sustainable growth.
Determinants of Unemployment Rate in Indonesia: A Dynamic Panel Data Approach Munawaroh, Siti Rizqiyatul; Endang; Susilo, Joko Hadi; Astuti, Hartiningsih
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.v23i1.23310

Abstract

Unemployment is a common problem faced by developing countries such as Indonesia. As one of the indicators of economic development, unemployment has a complex nature and has an impact on various aspects. This study was conducted to determine the conditions and variables that affect the unemployment rate in Indonesia from 2014-2023. The data analysis used is a dynamic panel data econometric model using Generalized Method Moments (GMM). This model was developed by Arellano Bond that meets the criteria of unbiased, valid, and consistent. The results of the analysis show that the variables of economic growth, human development index, average years of schooling, total population, foreign direct investment, domestic investment, and number of poor people have a significant effect on the unemployment rate. In addition, the unemployment rate in the previous period also had a significant effect on the unemployment rate in the period when the study was conducted. The findings in the study provide information on strategies to stabilize labor demand and supply, increase investment, and implement efficient short-run and long-run policies as an effort to reduce unemployment in Indonesia.
Sustainable Livelihood and Vulnerability Context: Evidence from Mainland and Coastal Villages Yunisvita; Muhyiddin, Nurlina T; Hamira; Andaiyani, Sri
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.v23i1.23327

Abstract

This study offers an empirical assessment of the sustainable livelihood components among rural households in South Sumatra, contributing original insights into how different livelihood capitals interact with household well-being. The research aims to analyze the vulnerability context, evaluate the sustainability level of various livelihood assets, and examine the relationship between livelihood capitals and outcomes. Using a quantitative approach within the sustainable livelihood framework, data were collected from households in two villages: mainland and coastal areas. The findings indicate that the overall livelihood sustainability of rural households in both locations falls within the medium category. Physical and natural capitals were the most dominant assets, while financial capital was at a moderate level, and social and human capitals were considerably underdeveloped. The low levels of education among respondents were closely linked to the limited accumulation of human and social capital. Further analysis revealed that certain livelihood assets, particularly social and natural capital, had a significant association with household health status, reflecting a tangible impact on livelihood outcomes. These findings underscore the need for targeted policy interventions that prioritize human capital development and community-based social strengthening to enhance overall livelihood sustainability in rural areas.
Assessing the Impact of Jakarta-Bandung High-Speed Rail Project toward Regional Socioeconomic Conditions: An Difference-in-Differences Analysis Kusumawati, Balkis; Fauzi, Akhmad; Djuanda, Bambang; Barus, Baba
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.v23i1.23363

Abstract

This study evaluates the economic impact of the Jakarta–Bandung High-Speed Rail (JB-HSR) project, a key strategic initiative for promoting balanced and sustainable regional economic growth in Indonesia. We analyze four major regional indicators: Gross Regional Domestic Product (GRDP), investment, open unemployment, and poverty levels. Employing a Difference-in-Differences (DID) approach with panel data from 2013 to 2023, our findings reveal that the JB-HSR 's presence significantly increased GRDP and investment, and contributed to a decline in open unemployment within the directly affected regions. However, the project has not yet led to a statistically significant reduction in poverty, indicating uneven distribution of economic benefits across population segments. A spatial analysis further highlights substantial land-use changes around JB-HSR stations, reflecting the potential for future Transit-Oriented Development (TOD). These insights underscore the necessity for integrated spatial planning between central and regional governments, enhancement of local workforce capacities, and the implementation of inclusive investment and social policies to ensure the long-term sustainability and equitable distribution of JB-HSR project benefits.

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