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Jurnal Ekonomi dan Pembangunan Indonesia
Published by Universitas Indonesia
ISSN : 14115212     EISSN : 24069280     DOI : https://doi.org/10.7454/jepi
Core Subject : Economy,
Economics, Econometrics & Finance
Jurnal Ekonomi dan Pembangunan Indonesia (JEPI) has been published since 2000 by the Department of Economics, Faculty of Economics and Business Universitas Indonesia. The journal has been accredited B as a national academic journal based on the Decree of the Director General for Higher Education Accreditation Number 43/DIKTI/Kep/2008. In 2015, it has got re-accreditation B based on Decree of the Director General for Higher Education Accreditation Number 1/E/KPT/2015 on 21 September 2015 for period 2015-2019. Then, JEPI has Reakreditasi Tetap di Peringkat 2 based on Decree of the Minister of Research and Technology/Head of National Research and Innovation Agency Number 148/M/KPT/2020 on 3 August 2020 for period 2020-2025. The journal published biannual in January and July. JEPI focuses on issues pertaining empirical investigation on Indonesian economy. The journal aims to publish and disseminate high quality publication at national level through blind review process. The articles published in JEPI are expected to cover wide range topics in economics and employed standard economics analysis tools focusing on Indonesian economy. The topic encompasses various fields of economics, including but not limited to monetary, fiscal, environment and natural resource, industrial organization, regional and urban economics, and international and trade. It is expected for JEPI to facilitate students, lecturers and researchers to contribute significantly in understanding Indonesian economy.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 193 Documents
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Analisis Pengaruh Kualitas Institusi Politik terhadap Konsentrasi PM2.5 di Negara G20 Pratama, Afif Dhia; Rahmayani, Dwi
Jurnal Ekonomi dan Pembangunan Indonesia Vol. 25, No. 1
Publisher : UI Scholars Hub

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Abstract

This study aims to analyze the influence of political institutional quality, proxied by democracy, political globalization, and good governance, on PM2.5 concentration in G20 countries as well as prove the Environmental Kuznets Curve (EKC) Hypothesis and Pollution Halo Hypothesis (PHH) from 1998 to 2022. The Autoregressive Distributed Lag (ARDL) method is employed in this analysis. The results show that democracy reduces PM2.5 concentration only in the long run. However, good governance decreases PM2.5 concentration in the short term but increases it in the long run. Political globalization shows no significant influence on PM2.5 concentration. Furthermore, the study also revealed that the EKC hypothesis is proven, but the PHH is not proven.
Total Factor Productivity Industri Mikro dan Kecil di Kawasan Timur Indonesia Manganti, Marella Dea; Budyanra, Budyanra
Jurnal Ekonomi dan Pembangunan Indonesia Vol. 25, No. 1
Publisher : UI Scholars Hub

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Abstract

The Micro and Small Industries (MSIs) sector, part of non-oil and gas processing industry, is a key driver of the Indonesia’s economy. However, in Eastern Indonesia (EI), the number of industries and workers in the MSIs sector does not match the level of output, unlike in Western Indonesia, where the industry is more stable and aligned. This difference is mainly due to variations in technological progress, known as Total Factor Productivity (TFP). This study analyzes TFP in the MSIs sector across provinces in EI from 2013 to 2022 using panel data regression. Results show that South Sulawesi has the highest TFP, while East Nusa Tenggara has the lowest. The study found that the Fixed Effect Model was the best model, with variables like guidance/training, wages, and infrastructure having a significantly positive impact on MSIs’s TFP.
Mengurai Dimensi Kemiskinan di Riau: Pendekatan Multidimensional dan Dampaknya pada Pembangunan Widayatsari, Any; Harlen, Harlen; Damaiyanti, Desi; Misdawita, Misdawita
Jurnal Ekonomi dan Pembangunan Indonesia Vol. 25, No. 1
Publisher : UI Scholars Hub

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Abstract

Poverty issues have always been in the world spotlight. Monetary poverty measurements are considered only to be able to capture a small part of the various poverty issues, so measurements involving multidimensions are needed. This study attempts to measure poverty based on multiple levels of deprivation experienced by people in Riau Province. This study uses aspects of health, education, and standard of living. The results of the study show that all indicators simultaneously have a significant impact on monetary poverty. These indicators are calorie and protein consumption, length of schooling, school sustainability, and housing-related indicators. In addition, differences were also found in the picture of poverty measured only by considering monetary aspects and poverty measured using multidimensional aspects.
Peran Kawasan Ekonomi Khusus (KEK) terhadap Pertumbuhan Ekonomi Wilayah: Analisis Spasial Eksternalitas Violita, Rizani; Khoirunurrofik, Khoirunurrofik
Jurnal Ekonomi dan Pembangunan Indonesia Vol. 25, No. 1
Publisher : UI Scholars Hub

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Abstract

This study examines the impact of SEZs in Indonesia on regional economic growth, including impacts on neighbouring regencies and cities, using a Dynamic Spatial Durbin Model. The study indicates the impact of SEZs is only evident in tourism SEZs, while manufacturing SEZs have no discernible impact. The impact of SEZs on regional growth is transient. The significant variables are prior regional growth, Domestic Investment (PMDN), Labor Force Participation Rate (TPAK), Availability of Information and Communication Technology, Human Development Index (HDI), and GRDP growth. Influencing variables in the surrounding areas include GRDP growth and the diffusion of information and communication technologies.
A Portrait of Pawn Shops Loans as a Survival Strategy During COVID-19 Pandemic Dewi, Putri Kemala; Ahsan, Abdillah; Rahmayanti, Krisna Puji
Jurnal Ekonomi dan Pembangunan Indonesia Vol. 25, No. 1
Publisher : UI Scholars Hub

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Abstract

This study investigates the impact of the number of financing loans before and after the pandemic and analyzes internal and external factors of PT Pegadaian on Outstanding Loans as the dependent variable by using data from PT Pegadaian during 2018–2020. The statistical method used for this analysis is the Generalized Least Squares (GLS). The result shows that the financing loan by PT Pegadaian has significantly higher during the COVID-19 pandemic, then macroeconomic characteristics, ceteris paribus. In addition, this study found an increase in the need for pawning in society, indicated by the increase in Outstanding Loan (OSL) in PT Pegadaian.
Pemetaan Sektor Potensial Penunjang Investasi di Kota Surabaya Berbasis Analisis Spasial Jelita, Jelita; Kistanti, Nurjannah Rahayu
Jurnal Ekonomi dan Pembangunan Indonesia Vol. 25, No. 1
Publisher : UI Scholars Hub

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Abstract

Investment is one of the main pillars in encouraging economic growth in a region. The city of Surabaya, as one of the second largest cities in Indonesia, is an attractive investment destination for many investors. This research aims to map investment potential in the Surabaya City area to support regional economic development by directing investment opportunities in Surabaya City areas with high growth prospects. This research method uses 3 analytical methods to model the spatial pattern of investment in the city of Surabaya, namely the Entropy Weight Method (EWM), Moran’s I and Regional classification. Results show significant variation, with some areas identified as Hot Spots and Sub Hot Spots, indicating high investment potential, while other areas are categorized as Cold Spots and Sub Cold Spots, indicating low investment potential. Several sub-districts are also categorized as Not Significant, indicating areas with lower investment potential or that have not yet become the main focus.
Studi Komparasi Kesiapan Indonesia Menerapkan Carbon Trade 2025 Ferdiansyah, Muhammad Rayhan Ali; Rosyadah, Hanif; Ramadhan, Fikri Fajar
Jurnal Ekonomi dan Pembangunan Indonesia Vol. 25, No. 1
Publisher : UI Scholars Hub

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Abstract

This study aims to assess Indonesia’s readiness to implement carbon trading in 2025 to achieve net zero emissions by 2060. The research uses a mixed-method approach, combining literature review, multivariate linear regression, and Vector Error Correction Model (VECM). The results indicate that the Human Development Index (HDI) has a negative and significant impact on CO2 emissions in the long term. This impact is greater than the results observed in Singapore and Thailand. With established policies and a demographic bonus in 2045, optimizing human resources is crucial for achieving net zero emissions by 2060.
Ketahanan Industri Mikro dan Kecil: Bukti dari Indonesia Mukhlis, Mukhlis; Robiani, Bernadette; Bashir, Abdul
Jurnal Ekonomi dan Pembangunan Indonesia Vol. 25, No. 1
Publisher : UI Scholars Hub

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Abstract

Micro and small industries (MSIs) play a crucial role in the economy, yet their growth confronts various constraints. This study examines the determinants of Indonesian MSIs output, focusing on the roles of capital, labor, added value, efficiency, and productivity. Panel data from 34 provinces (2013–2023) applied fixed effect model. The findings indicate that capital, labor, added value, efficiency, and productivity have a positive and significant impact on output. Capital’s dominant role highlights the need for improved access to finance. Policies supporting value creation, managerial skills, and technology adoption are crucial to unlocking the MSI potential and ensuring sustainable growth.
Menguji Keberadaan N-Shaped Environmental Kuznets Curve di Indonesia dengan Model ARDL Sunaryo, Ridwan Pandu; Tajib, Erny
Jurnal Ekonomi dan Pembangunan Indonesia Vol. 25, No. 2
Publisher : UI Scholars Hub

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Abstract

The study aims to test the existence of the N-shaped Environmental Kuznets Curve (EKC) and to determine the impact of fossil energy consumption and economic activity such as industrialization, urbanization, and trade openness on CO2 emissions in Indonesia from 1971 to 2021, using Autoregressive Distributed Lag (ARDL). The results of this study show that the relationship between per capita GDP and CO2 emissions in Indonesia has a reversed N-shape. Industrialization and per-capita consumption of fossil energy have a positive impact, while trade openness has a negative impact on CO2 per-capita emissions both in the short and long term. Meanwhile, urbanization negatively affects CO2 emissions per capita, but only in the long run.
Pengaruh Demokrasi terhadap Pertumbuhan Ekonomi Daerah di Indonesia Utomo, Jayanti Kusumaningrum; Soetjipto, Widyono
Jurnal Ekonomi dan Pembangunan Indonesia Vol. 25, No. 2
Publisher : UI Scholars Hub

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Abstract

This study observes that previous research on the relationship between democracy and economic growth has produced ambiguous outcomes. The aim of this paper is to estimate the relationship between democracy and regional economic growth in Indonesia. Using a fixed effects model with 374 provincial-level observations, the results indicate a statistically significant and positive relationship between democracy and regional economic growth in Indonesia.

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