cover
Contact Name
Safrilia Ayu Nani
Contact Email
bpjfeb@ub.ac.id
Phone
+6285708508515
Journal Mail Official
jdess@ub.ac.id
Editorial Address
Jl. MT Haryono No 165 Fakultas Ekonomi dan Bisnis Universitas Brawijaya
Location
Kota malang,
Jawa timur
INDONESIA
Journal of Development Economic and Social Studies (JDESS)
Published by Universitas Brawijaya
ISSN : -     EISSN : 29640083     DOI : 10.21776/ub.jdess
Core Subject : Economy,
Publish all forms of quantitative and qualitative research articles and other scientific studies related to the field of Economic and Social Studies.
Articles 365 Documents
The Impact of Monetary Policy on Stock Price Index Movement Sasongko, Ghalih; Athoillah, Moh.
Journal of Development Economic and Social Studies Vol. 4 No. 1 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2025.04.1.06

Abstract

This study aims to analyze the impact and effectiveness of monetary policy on the decline of the Composite Stock Price Index (IHSG) during the COVID-19 pandemic. The research employs a quantitative approach using Ordinary Least Squares (OLS) with equations 2017-2024 to evaluate the relationship between monthly IHSG and variables such as BI Rate and Exchange Rate. The findings reveal that IHSG significantly affects JUB, con-sistent with previous research indicating that monetary expansion by Bank Indonesia en-hances market liquidity and raises IHSG. However,during the pandemic, global uncertainty disrupted the relationship between IHSG and other economic variables, as evidenced by the insignificance of IHSG concerning BI Rate andthe significant impact of Exchange Rate in the first equation, and Dow Jones in the second. The significant influence of Dow Jones on IHSG highlights global market integration and its effect on investor sentiment in Indonesia. The study emphasizes the importance of understanding the relationship be-tween IHSG and economic variables amid global uncertainty.
Analysis of the Effect of Capital Expenditure, Regional Investment, Labor Absorption, and Economic Growth on Poverty Novitasari, Riska; Susilo
Journal of Development Economic and Social Studies Vol. 4 No. 1 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2025.04.1.17

Abstract

The reduction in poverty and the high gap between the target and the actual poverty percentage are followed by an increase in capital expenditure, a drastic increase in regional investment in 2022 will not reduce poverty drastically, labor absorption will increase drastically by 3.1%, and economic growth is ranked 3rd. throughout the island of Java. So this research aims to determine the influence of Capital Expenditures, Regional Investment, Labor Absorption, and Economic Growth on Poverty in Central Java Province in 2017-2022. The samples used in this research were 35 regencies/cities in the province of Central Java in the period 2017 to 2022. Data analysis used in this research was multiple linear regression using the T-Test, F Test, and Coefficient of Determination (R2) . The research results show that capital expenditure has a significant positive effect on poverty, regional investment has an insignificant negative effect on poverty, labor absorption has an insignificant negative effect on poverty, and economic growth has a significant negative effect on poverty.
Analysis of Factors Influencing the Economic Growth in West Java Province Fachrozi, Reza
Journal of Development Economic and Social Studies Vol. 4 No. 1 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2025.04.1.24

Abstract

This study aims to analyse the factors that influence the economic growth of West Java Province. These factors include foreign investment, domestic investment, health, education and infrastructure. This study uses panel data regression analysis on secondary data of 18 regencies and 9 cities in West Java Province in 2017-2022. The results showed that foreign investment, education and infrastructure tend to have an impact on increasing economic growth in West Java Province. Domestic investment and health have no effect on increasing economic growth in West Java Province. The implication of the findings in this study is that the West Java government needs to increase the attractiveness of foreign and domestic investment and allocate investment to strategic sectors that have great potential for economic growth. In addition, increasing economic growth can be achieved by improving the quality of health and education, as well as strengthening infrastructure, especially water infrastructure. Thus, it can encourage the acceleration of economic growth and improve the welfare of the people in West Java Province.
How Ibn Khaldun's Concept of Demand Related to Indonesia’s Economic Growth? Larasati, Dorothea; Setyanti, Axellina Muara
Journal of Development Economic and Social Studies Vol. 4 No. 2 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2025.04.2.04

Abstract

Ibn Khaldun stated that the demand for a good is influenced by the factors of price, income, population, community habits, and the level of social prosperity. If the quantity of goods is limited, prices will increase and may cause inflation. This phenomenon can be observed in the case of scarcity of goods in Indonesia, such as LPG and cooking oil, which causes price spikes and reduces people's purchasing power. In addition, consumptive consumption patterns contribute to price instability and inflationary pressures. This study uses a qualitative research method with a literature study approach to analyze the relevance of Ibn Khaldun's theory to Indonesian economic phenomena. The results show that this theo-ry is still relevant in understanding the dynamics of demand and modern economic growth. The decline in demand in the industrial sector, as seen in the deindustrialization process in Indonesia, is also evidence of the importance of the balance between supply and demand. Therefore, effective economic policies are needed to control inflation and price stability. In addition, students as agents of change are expected to understand classical and modern economic concepts and contribute to entrepreneurship and wise consumption education.
The Effect of Pisa Score, Tertiary Education, and Wages on Labor Productivity in Indonesia Annisya Dwi Hapsari; Fadjar, Nurman Setiawan
Journal of Development Economic and Social Studies Vol. 4 No. 2 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2025.04.2.24

Abstract

Indonesia is predicted to face a demographic bonus, which is expected to drive an increase in labor productivity. Human capital and wages can serve as key factors to increase labor productivity in Indonesia. This study grounded in the theories of Total Factor Productivity (TFP), Becker’s Human Capital, Efficiency Wages, and Marginal Productivity, aiming to analyze the impact of cognitive knowledge through PISA scores, tertiary education attainment, and average wages on labor productivity in Indonesia. The findings reveal that human capital has a significant influence on labor productivity, while wages not show a significant impact when combined with human capital.
Analysis of the Effects of Human Capital Quality, Investment and Number of Labor on Financial Performance Panjaitan, Nahdya Yohana; Bahtiar Fitanto
Journal of Development Economic and Social Studies Vol. 4 No. 3 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2025.04.3.18

Abstract

North Sumatra education, as measured by the Average Length of School (RLS), has consistently increased in the 2018-2022 period. However, with a fairly high RLS rate compared to other provinces, the economic performance of North Sumatra Province grew slower than Jambi and South Sumatra Provinces. Likewise, the level of health also shows improvement. Other factors such as investment and the number of workers show that the number fluctuates every year in North Sumatra Province. This study aims to determine the influence of the quality of human capital, investment, and the number of labor on economic performance in North Sumatra Provincial Regencies/Cities. This study uses a panel data regression analysis method with a Fixed Effect Model test. The results of the analysis test showed that the human capital quality variable had a positive and significant effect on economic performance, while the investment variable and the number of labor had no effect. However, partially, all independent variables in this study had a positive and significant effect on the dependent variable, namely economic performance.
Southern Coastal Road Construction and Inclusive Regional Economy in East Java Nadilla, Yesy; Maryunani
Journal of Development Economic and Social Studies Vol. 4 No. 2 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2025.04.2.06

Abstract

The Southern Coastal Road in East Java has been projected as an alternative redistribution route and a key factor for accelerating economic growth. Its development, which has cost considerable amount of time and investment, is expected to be a transformative policy impacting various sectors. However, there has been limited research directly examining the development policy for this road in East Java. This study aims to analyze the role of the Southern Coastal Route in fostering inclusive regional economic growth across the 8 districts crossed in East Java. The research employs Panel Data Regression with a Random Effects Model approach. The findings are as follows: (1) The Southern Coastal Route in East Java has not yet been able to drive changes in the economic base sector; (2) This road has a significant positive impact on the growth of GRDP per capita; (3) Growth of GRDP per capita significantly reduces the poverty rate; (4) However, growth of GRDP per capita significantly positive affecting the open unemployment rate, indicating other factors influence this variable. The study suggests that local governments should focus on expanding employment opportunities, reducing poverty, reducing unemployment, and promoting economic growth through targeted investments and increased capital accumulation in high-potential sectors.
Analysis of The Influence of Economic Growth, Education and Unemployment Level on Poverty in The Special Region of Yogyakarta Asmi, Rasylia Minatasya; Pratomo, Devanto Shasta
Journal of Development Economic and Social Studies Vol. 4 No. 3 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2025.04.3.21

Abstract

In general, Indonesia's economic growth is dominated by Java at 57.05%. The large contribution from the island of Java proves that equitable development is progressing well. However, poverty still plagues the island of Java, especially the Special Region of Yogyakarta as the province with the highest poverty rate on the island of Java. This research aims to determine the effect of economic growth, education and unemployment rates on poverty in the Yogyakarta Special Region Province for the 2019-2023 period with data obtained from BPS and the method used is panel data regression. The research results show that economic growth, education and unemployment rates have a significant negative effect on poverty in the Special Region of Yogyakarta.
The Effects of Unemployment, Poverty, Education, and Income Disparity on Crime Rate in West Sumatra Mhd. Daffa Alzahri; Wildan Syafitri
Journal of Development Economic and Social Studies Vol. 4 No. 2 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2025.04.2.20

Abstract

The number of crimes in West Sumatra Province increased drastically in 2023, reaching 12,936 incidents. From 2018 to 2023, the number of crimes in the Province has increased. The Province has been supported by reduced unemployment, poverty, income disparity, and increased education. So, this research was conducted to know the effect of unemployment, poverty, education, and income disparity on crime in West Sumatra Province. The research method used is the panel data regression analysis method with combined data, namely 12 districts and seven cities from 2018 to 2023, which is secondary data collected from Badan Pusat Statistik of West Sumatra Province. The results show that unemployment, poverty, and education positively and significantly affect crime. However, income disparity has no significant effect on crime. Meanwhile, simultaneously, unemployment, poverty, education, and income disparity have a significant effect on crime.  
Analysis of the Contribution of Micro and Small Scale Industries to Poverty Reduction in Indonesia During the 2020-2023 Period Aqila Raeshad; Sakti, Rachmad Kresna
Journal of Development Economic and Social Studies Vol. 4 No. 2 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jdess.2025.04.2.07

Abstract

Poverty is a national challenge faced by almost every country in the world, and its resolution requires various strategic efforts from different parties. This study aims to analyze the role of the MSME sector in reducing poverty levels in Indonesia using a quantitative approach. The research utilizes panel data from 34 provinces in Indonesia for the years 2020-2023, employing the two-stage least squares (2SLS) method. The study finds that several factors influence the income of micro and small-scale industries, such as the number of industries, the percentage of paid labor, and the percentage of industries using digital technology, all of which have a positive and significant correlation. Meanwhile, the percentage of industries innovating in technology and production processes has a positive but insignificant effect on the income of micro and small-scale industries. Additionally, the correlation between micro and small-scale industry income and the percentage of the poor population shows a negative and insignificant effect.