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INDONESIA
Economic and Finance in Indonesia
Published by Universitas Indonesia
ISSN : 0126155X     EISSN : 24429260     DOI : -
Core Subject : Economy, Education,
Economics, Econometrics & Finance Education
Aims & Scope EFI mainly covers original idea related to the Economics and Finance in Indonesia. Published articles can be either theoretical, empirical, or in between of those two polar variants. The journal covers specific areas, including but not limited to: Agricultural Economics Capital Market Demography Development Economics Economy in Crisis Economy of Rural Areas Education Economics Energy Economics Environmental and Natural Resources Economics Financial Sector Health Economics History of Economic Thoughts Industrial Economics Institutional Aspect of Economy International Economics Investment Labor Economics Maritime Economics Methodology of Economics Monetary Economics Political Economics Poverty Economics Public Policy Public Sector Economics Regional Economics Urban Economics
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekomomi dan Ekonometrika
Articles 4 Documents
 1 
Search results for , issue "vol. 71, no. 2" : 4 Documents clear
The Importance of the Safety Net Program for Informal Workers’ Food Security Amid the COVID-19 Pandemic in Indonesia Umaroh, Rodhiah; Amirusholihin, Amirusholihin; Yuliawati, Yuliawati
Economics and Finance in Indonesia Vol. 71, No. 2
Publisher : UI Scholars Hub

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Abstract

This study examines the effects of social safety-net programs on food security among vulnerable groups, focusing on households with informal workers. Utilizing data from the High-Frequency Monitoring of the COVID-19 Impacts 2020 (HiFy) and estimates with the Longitudinal Propensity Score Matching (LPSM) method, the findings reveal that cash and food assistance significantly reduce food insecurity among informal workers’ households. The households receiving these safety net programs experienced an 8–11% lower probability of food insecurity compared to non-recipients, as indicated by the Average Treatment Effect on the Treated (ATT) value. The study highlights the need for continued investment in inclusive and effective safety net programs to safeguard vulnerable populations, particularly in developing countries with significant informal labor forces.
Tracking Impact: Leveraging Pre-existing Monitoring Tools for Assessing Indonesia’s Free Nutritious Meal (Makan Bergizi Gratis) Programme Natih, Putu Geniki Lavinia
Economics and Finance in Indonesia Vol. 71, No. 2
Publisher : UI Scholars Hub

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Abstract

Indonesia’s Makan Bergizi Gratis (MBG) programme is among the largest school feeding initiatives globally, yet its rapid scale-up has outpaced the development of a robust monitoring, evaluation, and learning (MEL) framework capable of assessing welfare-relevant outcomes. This paper examines whether pre-existing national survey instruments can be leveraged to strengthen outcome monitoring in the absence of MBG-specific microdata. Focusing on the Food Insecurity Experience Scale (FIES) collected through Indonesia’s National Socio-Economic Survey (Susenas), the study first situates experiential food insecurity within Indonesia’s broader food security landscape. It then applies a propensity score matching framework using participation in the Bantuan Pangan Non-Tunai (BPNT) programme as an illustrative case to assess the responsiveness of FIES to food assistance exposure. The results demonstrate that experiential food insecurity captures dimensions of vulnerability that are not fully reflected in consumption-based indicators. The measure also responds to food and dietary access related interventions. The paper argues that integrating FIES into MBG’s MEL architecture offers a feasible, scalable, and analytically robust approach to monitoring short- to medium-term programme outcomes and supports adaptive implementation of MBG.
Firms Heterogeneity in Indonesia’s Manufacturing and Services Sectors Siregar, Rizki Nauli
Economics and Finance in Indonesia Vol. 71, No. 2
Publisher : UI Scholars Hub

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Abstract

Firm heterogeneity is the building block of modern trade theories. One of its important implications is that comparative advantage is driven by firm productivity, rather than sector differences across countries. Despite the prevalence of this framework, there has not been any systematic documentation on firm heterogeneity in Indonesia’s man ufacturing and services firms. Using the World Bank Enterprise Survey (WBES) data for Indonesia in 2015 and 2023, we confirm that there is firm heterogeneity in the form of size and productivity dispersion in both of the economy’s manufacturing and services sectors. We also find no strong association between size and average product of labor, yet we caution that the finding may be formed by the sample construction in the database. We also show the existence of globalization premia as well as the dynamics of the premia in the manufacturing and services firms.
The Moderating Effect of Income Inequality on the Income–Emissions Relationship in G20 Countries Fadilah, Zahra Rizky; Budiasih, Budiasih
Economics and Finance in Indonesia Vol. 71, No. 2
Publisher : UI Scholars Hub

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Abstract

This study analyzes the moderating effect of income inequality on the income–emissions relationship in the environmental Kuznets curve (EKC) framework. Findings indicate that the relationship is inverted U-shaped in middle-income G20 countries, but monotonically increasing in high-income G20 countries. Interestingly, income inequality moderates this relationship only in the latter group. These findings suggest that middle-income G20 countries should focus on raising income per capita to mitigate environmental degradation, while their high-income counterparts need to prioritize reducing income inequality to effectively decouple income from emissions.

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