Economic Development Analysis Journal
Focus and Scope Economic Development Analysis Journal is a scientific journal who published by Department of Economic Development, Faculty of Economics, Universitas Negeri Semarang, Indonesia. this journal published four times per year on February, May, August, and November and start publishing since 2012. The journal scope is related to the research in developing countries such as a development studies, poverty adequate, inequality, unemployment studies, behavioural economics, human development problems and others economics issues. Economics Development Analysis Journal also publish an articles related to the branch of development studies, such as, industry economics, international trade, bank and financial institutions, agriculture economics, financial studies, digital economics, small and medium enterprises, and tourism economics. It also published the study of development policy such as monetary economics, public economics, macro economics, micro economics, and economics policy. Therefore, this journal also received an articles related to spatial studies such as Urban, Regional, Development planning and Rural economics. Base on the scope, Economics Development Analysis Journal welcome a multidicipline articles who related to the economics and development studies.
Articles
585 Documents
<![CDATA[Sustainability of Palm Oil Company CSR in Supporting Village Status Change ]]>
<![CDATA[Dwi Septiyarini]]>;
<![CDATA[Novira Kusrini]]>;
<![CDATA[Dewi Kurniati]]>
<![CDATA[ Economics Development Analysis Journal Vol 11 No 2 (2022): Economics Development Analysis Journal ]]>
Publisher : <![CDATA[Economics Development Department, Universitas Negeri Semarang, Indonesia ]]>
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DOI: 10.15294/edaj.v11i2.55735
<![CDATA[The existence of palm oil companies should have an impact on villages around oil palm companies. However, the status of villages according to the developing village index around oil palm companies are still developing villages. The purpose of this study was to determine the sustainability status of the palm oil company's CSR program in supporting changes in village status. This research was conducted in Kubu Raya Regency with 12 villages and 12 oil palm companies. This study is based on the similarity of indicators between CSR programs and the indicators of the developing village index. The data collected includes primary data and secondary data. The analysis technique uses multidimensional scaling Rapfish. The results of the study show that the sustainability status of the CSR program has the social dimension of unsustainable status with a sustainability value of 24.56, the economic dimension with a value of 57.67 with moderately sustainable status and the environment with a value of 74.27 with moderately sustainable status. The results of the 2019-2021 IDM continue to increase, but the economic resilience index has the lowest value when compared to the social and environmental resilience index.]]>
<![CDATA[Economic Globalization in Asean Countries: A Panel Cointegration Analysis ]]>
<![CDATA[Kandi Dwi Pratiwi]]>;
<![CDATA[Ika Yuni Wulansari]]>
<![CDATA[ Economics Development Analysis Journal Vol 11 No 4 (2022): Economics Development Analysis Journal ]]>
Publisher : <![CDATA[Economics Development Department, Universitas Negeri Semarang, Indonesia ]]>
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DOI: 10.15294/edaj.v11i4.56323
<![CDATA[Economic globalization refers to the increasing interdependence of world economies due to the growing scale of cross-border trade of commodities and services, the flow of international capital and the vast and rapid spread of technologies. The process of economic globalization in improving the economy takes time. ASEAN consists of ten countries and each has different behaviors. The development of economic globalization and the speed in increasing economic openness for each ASEAN country is different, hence the need to analyze the relationship between time and across countries using panel data. Therefore, this study aims to analyse further the effect of economic globalization on ASEAN GDP in the short and long term. It uses ICT, economic freedom, and economic openness (trade openness and financial openness) as proxies of economic globalization. The analysis method is a panel cointegration analysis and Dumitrescu-Hurlin panel causality test. The result shows that GDP growth is significantly influenced by ICT, financial openness, and economic freedom in the long term. This study reveals that economic freedom affects GDP growth positively in the long term. Conversely, ICT and financial openness have drawbacks in the long run. Meanwhile, only ICT and trade openness significantly influence GDP growth in the short term. Finally, this study reveals that economic globalization has different impacts on the economy in the short and long term.]]>
<![CDATA[Does Fiscal Decentralization Affect Poverty? An Empirical Study ]]>
<![CDATA[Ariyani Widyastuti]]>;
<![CDATA[Agung Nusantara]]>
<![CDATA[ Economics Development Analysis Journal Vol 11 No 3 (2022): Economics Development Analysis Journal ]]>
Publisher : <![CDATA[Economics Development Department, Universitas Negeri Semarang, Indonesia ]]>
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DOI: 10.15294/edaj.v11i3.56912
<![CDATA[The Poverty percentage in Central Java ranked two throughout Java Island after DI Yogyakarta Province. It surely causes gaps and inequality between regions in Central Java Province. This study attempted to analyze the effects of fiscal decentralization, fiscal balance fund, and economic growth on the poverty in 35 regencies/ cities in Central Java Province within 2016-2020. By using a quantitative approach, this study used a panel analysis with a Fixed Effect Model (FEM) method. Based on the results of panel data regression analysis results, fiscal decentralization and fiscal balance fund had no relationship with the poverty in Central Java. On the other hand, economic growth had positive and significant effects. High economic growth will reduce poverty rate when the economic activities carried out are padat karya which aims at absorbing workforce. High workforce absorption will reduce the poverty rate.]]>
<![CDATA[Implementation of Micro Business Productive Assistance Program ]]>
<![CDATA[Dewi Kumalasari]]>;
<![CDATA[Sukidjo Sukidjo]]>
<![CDATA[ Economics Development Analysis Journal Vol 11 No 4 (2022): Economics Development Analysis Journal ]]>
Publisher : <![CDATA[Economics Development Department, Universitas Negeri Semarang, Indonesia ]]>
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DOI: 10.15294/edaj.v11i4.56921
<![CDATA[The Covid-19 pandemic has had an impact on all levels of society. In particular, micro-entrepreneurs have experienced a decline in income and reduced mobility in buying and selling activities. The government provides stimulus assistance, Productive Assistance for Micro Enterprises (BPUM), to reduce this impact. This study aims to analyze the implementation of the Micro Business Productive Assistance (BPUM) Program in Kediri City. The results are achieved by collaborating with each actor who played a role in the action program and individual projects, the resulting outcomes, and analysis of supporting factors and obstacles to implementing the BPUM program in Kediri City based on the Merilee S. Grindle implementation policy model. This study uses qualitative research methods with case study methods. The study's results found that program implementation needs to be improved by understanding and further coordination by program implementers to make it better and more efficient. This research contributes to the excellent collaboration of each actor who plays a role in action programs and individual projects by using implementation policies from Merilee S. Grindle so that microenterprises are more actively seeking information assistance from the government either directly or indirectly. In addition, the government can update the amount of data for micro-entrepreneurs and make backups through a one-door system, so that duplicate data does not occur when registering or submitting assistance.]]>
<![CDATA[Correlation of Financial Innovation, Stock Market, Cryptocurrency on Economic Growth ]]>
<![CDATA[Waluyo Jati]]>;
<![CDATA[Rachmawaty Rachmawaty]]>;
<![CDATA[Holiawati Holiawati]]>;
<![CDATA[Iman Syatoto]]>
<![CDATA[ Economics Development Analysis Journal Vol 11 No 3 (2022): Economics Development Analysis Journal ]]>
Publisher : <![CDATA[Economics Development Department, Universitas Negeri Semarang, Indonesia ]]>
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DOI: 10.15294/edaj.v11i3.57121
<![CDATA[Indonesia has had the critical issue of economic growth in the last ten years which the trend of economic growth was declining year by year, in 2011 GDP growth YoY was 6.5% then declined become 5% in 2019 (before Covid-19 pandemic) and worst in Pandemic Era become -5.3%. This research aims to provide an understanding of the effect of short term and long term of Financial Innovation, Stock Market and Cryptocurrency on Indonesia's economic growth using the Vector Error Correction Model (VECM) method. The methode was chosen based on Stationary Analysis and Cointegration Test. It is shown that the data was non-Stationary and the result of Cointegration Test there was a conintegration at 0.05 level. Enrich with the analysis in Impulse Response and Variance Decomposition to obtain the fluctuated economic growth impacted by those variables on a monthly basis, which previous researchers have not researched. The results showed that the correlation of the Stock Market, Financial Innovation and Cryptocurrency to Indonesia's economic growth, in the long run, all the variables give a positive correlation. Still, in the short-run, only the stock market and economic growth give a positive correlation. The result of the long and short run of VECM is supported by Impulse response and variance decomposition that stock market has the most significant impact to economic growth]]>
<![CDATA[Dynamic Linkage Among Population, Urbanization, Poverty and Indonesian Economic Growth ]]>
<![CDATA[Sugeng Hadi Utomo]]>;
<![CDATA[Lutfi Asnan Qodri]]>;
<![CDATA[Bagus Shandy Narmaditya]]>;
<![CDATA[Agus Wibowo]]>
<![CDATA[ Economics Development Analysis Journal Vol 11 No 4 (2022): Economics Development Analysis Journal ]]>
Publisher : <![CDATA[Economics Development Department, Universitas Negeri Semarang, Indonesia ]]>
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DOI: 10.15294/edaj.v11i4.57130
<![CDATA[Indonesia has confronting economic challenges due to many factors such as uncontrolled population and urbanization, among others. It is therefore essential to examine such variables that may take essential roles in determining economic growth. In doing so, this study empirically examines the dynamic linkage between population, urbanization, poverty, and economic growth in Indonesia using a Vector Error Correction Model (VECM) to capture the short and long-term relationship. The research involved data between 2000 and 2020 from the Worldometer and World bank data. The empirical results indicate that the inclination of population growth and urbanization rates have a negative impact on Indonesian economic growth. Conversely, the poverty rate that continues to rise impacts increasing economic growth in Indonesia. This study also concludes that in the long and short run, there are indications of the nexus between the variables of economic growth population growth, urbanization, and poverty level. The research suggests coordination between parties to manage population growth and urbanization with the planning of economic strategies. The government is directed to continually provide censuses to control the urbanization and population among Indonesian]]>
<![CDATA[Diversification of Indonesian Export Markets to Non-Traditional Countries ]]>
<![CDATA[Guntur Riyanto]]>;
<![CDATA[Widyastutik Widyastutik]]>;
<![CDATA[Bayu Krisnamurthi]]>;
<![CDATA[Abdul Kharis Almasyhari]]>
<![CDATA[ Economics Development Analysis Journal Vol 11 No 2 (2022): Economics Development Analysis Journal ]]>
Publisher : <![CDATA[Economics Development Department, Universitas Negeri Semarang, Indonesia ]]>
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DOI: 10.15294/edaj.v11i2.57369
<![CDATA[The Ukraine-Soviet Union war and the Covid-19 pandemic made the world economy experience complex problems. Indonesia was also affected, especially the decline in exports, so it needed to find new trading partners. This study aims to determine the potential diversification of Indonesia's export market to non-traditional countries, namely Turkey, Brazil, Georgia and the Russian Federation as well as 10 economic commodities. The data used in this study is secondary data. This data is obtained through the GTAP database (Global Trade Analysis Project) version 10. In this GTAP database there are input - output data from 121 countries representing 98% of world GDP. The results of this study are Brazil and Turkey can become Indonesia's trading partners, while Georgia and the Russian Federation have little opportunity to establish trade cooperation with Indonesia]]>
<![CDATA[How Does Financial Inclusion Affect Economic Growth and Income Inequality? ]]>
<![CDATA[Annisa Zanuar Rahma]]>;
<![CDATA[Faaza Fakhrunnas]]>
<![CDATA[ Economics Development Analysis Journal Vol 11 No 3 (2022): Economics Development Analysis Journal ]]>
Publisher : <![CDATA[Economics Development Department, Universitas Negeri Semarang, Indonesia ]]>
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DOI: 10.15294/edaj.v11i3.57596
<![CDATA[Financial inclusion is an important element in creating inclusive economic growth. The availability of easy access to public services can facilitate all levels of society. This study focuses on analyzing the effect of financial inclusion on economic growth and income inequality in countries based on their income categories. The research object is 440 observations with secondary data using cross-section and time-series data for 11 years, 2010 - 2020, and using objects from 40 countries in the world based on their income categories. This research uses panel method regression analysis. The results of panel data regression show that financial inclusion affects economic growth and income inequality when estimated with complementary variables, inflation, and the rule of law. In its effect on economic growth, financial inclusion has proven to be influential in the categories of lower-middle-income and high-income countries. Meanwhile, in terms of its impact on income inequality, financial inclusion is proven to affect the lower-middle-income and upper-middle-income categories of countries. The results of this study become a consideration for countries based on their income categories to increase financial inclusion so that policies can be achieved to improve people's welfare through financial inclusion]]>
<![CDATA[Performance and Poverty Convergence in North Sumatra ]]>
<![CDATA[Arif Rahman]]>;
<![CDATA[Sukma Hayati Hakim]]>;
<![CDATA[Muhammad Syafii]]>
<![CDATA[ Economics Development Analysis Journal Vol 11 No 3 (2022): Economics Development Analysis Journal ]]>
Publisher : <![CDATA[Economics Development Department, Universitas Negeri Semarang, Indonesia ]]>
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DOI: 10.15294/edaj.v11i3.57601
<![CDATA[North Sumatra is one of the growth centers in Indonesia. However, its number of poverty is one of the highest nationally. This study aimed to see the performance and prove whether there is a convergence of poverty in North Sumatra Province during the years 2011-2021. The analytical method used included quantitative descriptive analysis. Through the Klassen quadrant which was divided into two periods, it can be seen that some regions have moved quadrants and some other regions have moved towards quadrant lines at different levels. The situation showed serious inequality in some areas that were in quadrant 4. The results of the Williamson index showed that the degree of inequality in poverty levels between regions tended to decrease, although there has been an increase in several years of observation. Through the sigma convergence test, it was strongly indicated that there was a dispersion of poverty levels between regions towards one common ground. It has been further confirmed by the absolute beta convergence test. Real income per capita and RLS that included in the conditional convergence model have proven to accelerate the process of poverty convergence between regions in North Sumatra.]]>
<![CDATA[Social Return on Investment of PT Badak NGL SALIN SWARA Program ]]>
<![CDATA[Dwi Thia Putri]]>;
<![CDATA[Irfan Hidayat]]>;
<![CDATA[Yuli Gunawan]]>
<![CDATA[ Economics Development Analysis Journal Vol 11 No 3 (2022): Economics Development Analysis Journal ]]>
Publisher : <![CDATA[Economics Development Department, Universitas Negeri Semarang, Indonesia ]]>
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DOI: 10.15294/edaj.v11i3.58360
<![CDATA[PT Badak NGL through its CSR (Corporate Social Responsibility) programs contributes to Sustainable Development (SDGs) realization. One of its CSR programs is Salin Swara which is related to a community waste program aiming at creating society’s collective awareness of common waste and household waste management to preserve the environment. This quasi-qualitative study attempted to assess the social impact received by salin swara stakeholders and the amount of social impact resulting from this program compared to the investment made by PT Badak NGL. In data analysis, this study used triangulation techniques to map the advantages of this program (qualitative) and the Social Return on Investment-SROI method (quantitative). To collect the data, in-depth interviews, Focus Group Discussions, and secondary data reviews were done. Practically this study provides an overview for companies to evaluate their CSR programs using the SROI method, while the results can be a basis for optimizing the next CSR program. Based on the SROI method, Salin Swara program gained a score of 2.33, meaning that the program benefitted 2.33 times the investment issued. In addition, the value of it’s benefit was Rp.31,302,849 with a total investment of Rp.13,437,500.00. The outcome value was dominated by the outcome of the workers Social Security Agency or BPJS Ketenagakerjaan death insurance claims (67%). It shows good program performance because the payback period has been obtained in the same year when the program was carried out]]>
