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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 Editors receive manuscripts of unpublished paper contributions in other journals.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 277 Documents
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Evaluating the Gender Gap in Academic Achievement: The Role of Household WASH Access in Indonesia Puji Lestari; Ahmad Komarulzaman; Pipit Pitriyan
Jurnal Ekonomi Pembangunan Vol. 23 No. 2 (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.v23i2.23370

Abstract

This study investigates the association between access to improved water and sanitation (WASH) and the academic performance of students in Indonesia, as measured by national examination (UN/EBTANAS) scores in Mathematics, Indonesian, and English. Utilizing pooled cross-sectional data from the Indonesia Family Life Survey (IFLS) waves 1–5, the analysis employs Ordinary Least Squares (OLS) regressions incorporating gender interaction terms and a comprehensive suite of individual, household, and contextual control variables. The empirical results demonstrate that access to improved water and sanitation is positively and significantly associated with higher academic achievement. Notably, the association between improved water access and examination scores is significantly more pronounced for female students, particularly in Mathematics and English. In contrast, improved sanitation exhibits a positive but gender-neutral association across all subjects. The heightened benefits observed for female students may be attributed to a reduction in time burdens associated with domestic water collection and enhanced menstrual hygiene management, both of which serve to mitigate school absenteeism. These findings underscore the critical importance of integrating water and sanitation infrastructure improvements into broader education and gender-equity policies in Indonesia. This study contributes to the existing literature by providing robust, gender-disaggregated evidence of the impact of WASH infrastructure on standardized academic outcomes using longitudinal household survey data.
Religiosity and Its Impact on Energy Consumption in Indonesian Muslim Households Arkania Choirin Tameema; Djoni Hartono; Misdawita
Jurnal Ekonomi Pembangunan Vol. 24 No. 1 (2026): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v24i1.23368

Abstract

This study examines the underexplored relationship between religiosity and household energy consumption, applying religious behavior theory to energy economics in Indonesia—the world’s largest Muslim-majority nation. While traditional models focus on socioeconomic determinants, this paper investigates how Islamic values influence electricity consumption, explicitly addressing the inherent endogeneity of self-reported religiosity. Utilizing data from the Indonesian Family Life Survey (IFLS-5) comprising 21,023 Muslim households, we employ a two-stage least squares (2SLS) instrumental variable approach, proxying religiosity through ritual frequency and religious practices to overcome omitted variable and self-selection biases. The empirical results reveal a robust, statistically significant negative relationship between higher levels of religiosity and household electricity expenditure. This finding aligns with the theoretical framework that religious tenets foster moderation, self-control, and environmental stewardship. The results remain resilient across extensive sensitivity analyses and alternative model specifications. Culturally, these findings imply that faith-based institutions and religious leaders are powerful, cost-effective conduits for behavioral energy conservation. Integrating moral paradigms into national climate strategies offers a potent, localized mechanism to complement standard efficiency policies and accelerate carbon emission reductions in emerging Muslim-majority economies.
The Role of Global Commodity Prices in the Dynamics of the Business Cycle in Indonesia Deswita Herlina; Doni Satria
Jurnal Ekonomi Pembangunan Vol. 23 No. 2 (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.v23i2.23421

Abstract

This study examines the dynamic impact of global export commodity price fluctuations on the Indonesian economy, a representative small open economy with a significant reliance on primary resources. Using a Structural Vector Autoregression (SVAR) framework and quarterly data spanning from 1993 to 2019, the research analyzes the transmission of price shocks to the terms of trade, trade balance, and domestic business cycle variables, including per capita output, consumption, and investment. The empirical findings reveal that a positive shock to export commodity prices initially leads to a deterioration in the trade balance—consistent with the J-curve effect—due to the inelastic nature of imported industrial inputs and energy. However, the medium-term analysis identifies a significant "wealth effect," where increased export revenues stimulate domestic investment and consumption. Forecast error variance decomposition results further indicate that commodity price shocks are a dominant driver of trade balance volatility, accounting for nearly 48% of its variance over a 12-quarter horizon. At the same time, their impact on the broader business cycle remains persistent but modest. Robustness checks using a VARX model confirm these results, asserting the exogeneity of commodity prices. Policy implications suggest that Indonesia should utilize counter-cyclical fiscal buffers and maintain a flexible exchange rate to mitigate external volatility and prevent "Dutch disease" symptoms.
Evaluating the Impact of Remittance Flows, Financial Inclusion, and Macroeconomic Reserves on ASEAN-7 Economies Rifki Khoirudin; Melani Januar Anindasari; Gea Dwi Asmara; Stanislaw Flejterski
Jurnal Ekonomi Pembangunan Vol. 23 No. 2 (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.v23i2.23422

Abstract

This study investigates the impact of remittances, domestic credit, export growth, consumer price index, and foreign exchange reserves on economic growth. Using annual data from the World Bank for the period 2014–2023, this study employs a fixed-effects panel data model approach and performs robust checks using FGLS to ensure robust and efficient panel data regression analysis. Empirical results indicate that remittances, domestic credit, export growth, and foreign exchange reserves are positive and statistically significant contributors to economic growth in the ASEAN region. Specifically, the findings highlight that a developed financial system enhances the growth-promoting effect of remittances by efficiently channeling capital into productive investment. In contrast, the consumer price index was found to have no significant direct impact on economic growth in this model, suggesting that moderate inflation serves more as a factor supporting macroeconomic stability than as a primary driver of real output. These findings highlight the importance of policymakers facilitating formal remittance management and expanding credit access for micro, small, and medium enterprises to stimulate innovation and employment. Furthermore, the study recommends prioritizing export-oriented industrialization and maintaining adequate foreign exchange reserves to strengthen regional economic resilience to global financial volatility.
Social Dimensions of Sustainable Development Goals in Asian Countries: Visual Dynamic Research Mapping Andik Pratama; Juwita Purnami Restu Suwondo; Abdul Rahim Ridzuan; Riska Aprilia
Jurnal Ekonomi Pembangunan Vol. 23 No. 2 (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.v23i2.23453

Abstract

As the 2030 deadline for the United Nations’ Sustainable Development Goals (SDGs) approaches, developing Asian nations face critical challenges in balancing economic expansion with the "social pillars" of sustainability. Despite the individual importance of poverty, hunger, health, and education, there remains a gap in understanding their dynamic, integrated interrelationships within the unique institutional and fiscal constraints of the Asian region. This study investigates the dynamic interrelationships among four key social pillars poverty, zero hunger, good health and well-being, and quality education, across 11 developing Asian economies. We employ a robust two-stage methodological approach. First, a systematic bibliometric analysis maps the scholarly landscape and thematic clusters using data from Scopus and Web of Science. Second, an empirical assessment is conducted using a dynamic panel Generalized Method of Moments model on longitudinal data 2017–2023 period to estimate short and long-run effects while addressing endogeneity and heterogeneity. Bibliometric mapping identifies poverty as a central intersectional node bridging healthcare, nutrition, and economics. Empirical results show reveal a strong persistence of poverty, confirming a path-dependent "poverty trap" in the region. While government spending on health and education shows a statistically significant relationship with poverty, its immediate impact is modest, suggesting that public investment effectiveness is often constrained by governance and implementation quality. Furthermore, improvements in neonatal mortality and nutritional status are strongly linked to significant reductions in poverty levels. The findings underscore that poverty, malnutrition, and child mortality are interconnected challenges that cannot be solved through isolated sectoral interventions. Achieving the 2030 Agenda in Asia requires integrated, evidence-based policy frameworks that combine targeted social spending with structural reforms to break intergenerational cycles of deprivation.
Financial Inclusion as a Silver Bullet in Poverty Reduction: A Longitudinal Data Case Study Asep Yusup Hanapia; Jumri; Iis Surgawati; Novi Mela Yuliani; Asep Muhammad Adam; Meliani Mukti
Jurnal Ekonomi Pembangunan Vol. 23 No. 2 (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.v23i2.23472

Abstract

Poverty reduction remains a critical challenge in developing economies, including Indonesia, despite robust economic growth and financial sector expansion. This study investigates the impact of financial inclusion, financial literacy, and socio-economic characteristics on household poverty. Utilizing longitudinal data from the fifth wave of the Indonesia Family Life Survey, the analysis focuses on a sample of 2,222 households. Poverty is operationalized through the Multidimensional Poverty Index (MPI), encompassing health, education, and living standards, while financial inclusion is measured via a financial deprivation index across four dimensions: transactions, savings, credit, and insurance. Using logistic regression to account for the non-linearity of binary outcomes, the results indicate that both financial inclusion and financial literacy significantly reduce the probability of household poverty. These findings suggest that access to and understanding of formal financial services are vital for enhancing economic resilience. Furthermore, education and age are negatively associated with poverty, underscoring the role of human capital. Conversely, larger household sizes and rural residency increase poverty risk, highlighting structural vulnerabilities and spatial inequalities. While industrial participation mitigates poverty, agricultural dependence and limited market access remain significant constraints. These results emphasize the need for integrated policies that strengthen financial inclusion, promote literacy, and improve rural infrastructure to foster sustainable poverty reduction in Indonesia.
Nonfarm Participation and Household Educational Investment: Evidence in Rural Indonesia Dian Fitriana Arthati; Rus'an Nasrudin
Jurnal Ekonomi Pembangunan Vol. 23 No. 2 (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.v23i2.23476

Abstract

Participating in nonfarm employment as a diversification strategy increases the probability of farm households becoming less vulnerable to income shocks and improves rural household welfare. This study aims to fill the research gap about the impact of nonfarm participation on rural household educational investment using nationally representative data for Indonesia. Using topographical characteristics in each district as the instrumental variable (IV). This study reveals that participating in nonfarm employment significantly contributes to enhancing household educational expenditure in rural farming households. The OLS specification without controls yields a negative and insignificant coefficient for nonfarm participation. With household and district controls, the estimate becomes positive but remains small at 0.11 percentage points. The IV estimate is larger at 3.39 percentage points, indicating possible downward bias in the OLS results, likely related to unobserved factors that jointly affect nonfarm participation and educational spending with negative bias. There is substantial heterogeneity in the impacts of nonfarm participation across subsamples. The role of nonfarming is relatively higher in male-headed households and in households that run their own farm business assisted by temporary or unpaid workers. Nonfarm employment plays an essential role and is more prominent in eastern Indonesia. Income diversification to nonfarm sectors can potentially increase educational investment, particularly in relatively lagging regions, thereby reducing inequality in rural education.

Page 28 of 28 | Total Record : 277

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