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Economic Development Analysis Journal
Published by Universitas Negeri Semarang
ISSN : 22526560     EISSN : 25022725     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
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.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 585 Documents
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Household Energy Poverty: Evidence From a Large-Scale Longitudinal Survey Septiani, Yustirania; Sugiharti, Rr Retno; Panjawa, Jihad Lukis; Nur Izati, Isna Hana
Economics Development Analysis Journal Vol 12 No 4 (2023): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v12i4.74534

Abstract

Energy is a basic household necessity closely related to human health and well-being; unfortunately, not all households have equal access to energy. This condition is referred to as energy poverty, wherein a household lacks access to or cannot afford basic energy services to meet its daily needs. The goal of this research is to analyze the determining factors of the probability of households experiencing energy poverty in Indonesia, focusing on Household Demography and Household Expenditure factors. Using household survey data from IFLS4 (2007) and IFLS5 (2014) and employing Multinomial Logit analysis, this study aims to capture the differences between groups of energy-consuming households. The research findings indicate that households found it easier to access energy (especially gas) after the implementation of the energy conversion policy from kerosene to gas, which began in 2007. Based on the estimation results, the probability of households experiencing energy poverty in Indonesia in 2007 is determined by Education, Income, Spouse Work, Communication Cost, and Health Cost, while in 2014, it is influenced by Education, Spouse Work, Electric Cost, Fuel Cost, Health Cost, and Non-food Consumption. Other indicators of Household Demography and Household Expenditure show different results for each category and period. To address energy poverty, a change in perspective and reform of programs in the energy sector are required. The government can also provide energy subsidies and compensation to poor and vulnerable populations.
Does Minimum Wage Reduces Gender Inequality in Indonesia? Abdul, Irawati; Hasan, Yusrin S.; Yulia Akib, Fitri Hadi
Economics Development Analysis Journal Vol 13 No 1 (2024): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v13i1.74808

Abstract

Gender inequality is a persistent challenge in many societies, reflecting disparities in access to resources, opportunities, and decision-making power between men and women. One policy area that has garnered significant attention in the quest for gender equality is the minimum wage. By setting a wage floor for all workers, minimum wage policies aim to enhance the economic well-being of low-income individuals, a group in which women are often overrepresented. However, the relationship between minimum wage policies and gender inequality is complex, and its impact remains a subject of extensive debate and research. This research investigates the impact of annual minimum wage policy changes in Indonesia on gender inequality using a dynamic panel data approach encompassing 34 provinces over eight years (2015-2022). Contrary to expectations, the results suggest that both in the short and long run, minimum wage policy increases gender inequality. This highlights the complexity of the relationship between minimum wage adjustments and gender dynamics, underscoring the need for nuanced policy design to ensure gender equality in labor market outcomes.
Macroeconomic, Institutional, and Energy Consumption on Economic Growth APEC Members Sarjiyanto, Sarjiyanto; Romadhoni, Latifah
Economics Development Analysis Journal Vol 12 No 4 (2023): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v12i4.74961

Abstract

Economic growth is a shared goal pursued by every country across various regions worldwide, including the member nations within the APEC organization. However, APEC member countries still encounter several economic challenges to achieve optimal economic growth. First, macroeconomic issues such as regulatory barriers limit both FDI inflows and trade. Furthermore, unemployment remains an unresolved issue. Second, based on the World Bank's average estimates, most APEC countries exhibit low institutional quality. This is due to corruption, weak law enforcement, and lack of government transparency. Third, there is the issue of limited energy supply and increased carbon emissions due to non-renewable energy consumption. This research aims to determine the influence of macroeconomics, institutional quality, and renewable energy consumption on the economic growth of APEC member countries. The analysis method for this research is PVECM regression. The data used is panel data from 2005-2019. The research results show that the variables FDI, Trade, Labor, REC, and IQ have long and short-term influences on the economic growth of APEC countries. Suggestions that can be given are to improve the quality of APEC country institutions because, as seen from the average indicator estimates by the World Bank, Most APEC countries have low institutional quality. This improvement is needed to make policies more effective and efficient. Each country is also expected to increase the amount of renewable energy consumption.
Indonesian's Position in the World Vegetable Oil Trade Saleh Husin; Chandra Wijaya; Hanief Saha Ghafur; Eugenia Mardanugraha; T. M. Zakir Machmud
Economics Development Analysis Journal Vol 12 No 4 (2023): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v12i4.75154

Abstract

Indonesia's position as the largest vegetable oil producer is very strong in the world trade. Nonetheless, the Netherlands and Malaysia trade the Indonesian palm oil, which leads to a significant generation of profits. This research demonstrates the role of Indonesia in the global trade of vegetable oil. It illustrates the rivalry among vegetable oil producers and exporters and the dependence of vegetable oil importers on Indonesia. The annual volume data of vegetable oil production, export, and import sourced from FAO STAT in 2010-2020 were used. The data were processed and analyzed using descriptive statistics. Palm oil is the most widely acquired vegetable oil. The production of this oil is plentiful, and its price is the most economical compared to other vegetable oils. Soybean oil was the main competitor of palm oil, with the primary producers being China and the United States. The negative campaign against Indonesian palm oil could not weaken Indonesia's competitiveness in the global vegetable oil trade. Indonesia should limit palm oil exports to Europe and Malaysia while increasing exports to countries that only use it for domestic consumption. Coconut oil had the most potential to increase vegetable oil production in Indonesia. Indonesia's prominence in the global trade of edible oil is supreme. However, this preeminent status may be deteriorated by nations engaged in the commerce of Indonesian palm oil. Therefore, Indonesia should continuously update the world vegetable oil trade map to emphasize the point and level of export elevation or reduction. Indonesia should also develop and increase the production of other vegetable oil products to strengthen its position in the world's oil trade.
Education and Energy Consumption: a Provincial Analysis in Indonesia Nadira Aisha Susanto; Djoni Hartono; Misdawita Misdawita; Didi Nuryadin; Ida Bagus Putu Cesario Putra Surayuda; Novani Karina Saputri; Shofie Azzahrah
Economics Development Analysis Journal Vol 12 No 4 (2023): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v12i4.75162

Abstract

The global and national energy consumption continues to increase every year, leading to increased carbon emissions. Households are one of Indonesia's energy consumers, where household members' educational level is considered to influence energy consumption. Due to the limited studies in Indonesia regarding the relationship between education and energy consumption, this study aims to explain the relationship between education and energy consumption among provinces in Indonesia. This study is a quantitative study under the STIRPAT framework, using three estimation methods to examine the impact of education on energy consumption among provinces in Indonesia from 2010 to 2021, namely OLS, Fixed Effect, and Fixed Effect Discroll-Kraay. The research was conducted with three different data analyses: Indonesia as a whole, Java, and non-Java regions. The study found differences in estimation results between Java and non-Java regions, providing evidence that the level of education has different associations with per capita energy consumption in these two areas. It was also found that the estimation results for Indonesia align with those in non-Java regions. The study concludes that education has a significant positive association with energy consumption in Indonesia and specifically in non-Java regions, while the association between education and energy consumption in Java is negative and significant. The policy implications suggest that the government should continue efforts to improve the quality of education and promote more efficient energy consumption education in the Java region and implement complementary policies such as compulsory education programs for non-Java regions to reduce energy consumption in Indonesia.
Happiness Index in ASEAN-9 2015-2021: Macroeconomic and Demographic Perspectives Giansyah, Resty Wulansari; Sambodo, Herman; Binardjo, Goro; Suharno, Suharno
Economics Development Analysis Journal Vol 12 No 4 (2023): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The ASEAN happiness index is low compared to the world happiness index because it was ranked 6th out of 10 other regions in 2021. From Frey's theory perspective, research on the happiness index in ASEAN is needed using economic and non-economic variables. Therefore, this research aims to analyze the effect of GDP per capita, inflation, population density, and dependency ratio on the happiness index in ASEAN-9 and examines the most influential variables. The secondary data was obtained from the World Happiness Report in the Sustainable Development Solutions Network, the World Bank, and the Asian Development Bank. Data were analyzed using panel regression with the r1andom effect model method selected. Found that GDP per capita, inflation, population density, and dependency ratio simultaneously affect the happiness index in ASEAN-9. Partially, GDP has a positive and significant effect on the happiness index in ASEAN-9. Meanwhile, inflation, population density, and dependency ratio are not significant to the happiness index in ASEAN-9. GDP per capita is the most influential variable to the happiness index in ASEAN-9. The finding is that during 2015-2021, in ASEAN-9 countries, there has been GDP per capita growth of 23%, with the average happiness index increasing from 5,339 to 5,431. The implication is that each government of ASEAN countries needs to pay attention to efforts to increase per capita income so that ASEAN people can live more prosperously and happily.
Economic Simulation of Central Java: Indonesia’s Province-Based IRIO Analysis Firmansyah, Firmansyah; Azyzia, Siti Hilmiati; Prayudya, Daffa Rizqi
Economics Development Analysis Journal Vol 13 No 1 (2024): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v13i1.75823

Abstract

This study simulates increased sectoral investment in the economy of Central Java Province, Indonesia. Using output and household income indicators, several policy scenarios are applied to Indonesia's interregional input-output (IRIO) tables, including green economic scenarios. The aim of this research is to identify the most impactful policy on the economy of Central Java based on the results of investment policy simulations. Investment injections are conducted in production sectors within Central Java and in sectors outside the province. By assessing the direct, indirect and induced effects on economic sectors and households, cross-sectoral insights for regional development policies, the simulation results show that the Central Java economy experiences the best impact in terms of sectoral household output and income levels. In IRIO analysis, this impact is seen as a multiplier effect from sectors within and beyond Central Java. The findings imply that policies focused on local sector development will generate the highest income levels and largest output multiplier for Central Java given the existing economic conditions, while green economic policies do not have insignificant economic impacts compared to non-green policies. It is crucial to develop additional policy scenarios targeting both local and non-local industries to obtain more sensitive simulation results.
Youthful or Aged: Age Dependency and Inflation in ASEAN Countries Santoso, Teguh; Kharisma, Bayu; Arfita, Aurelia Puteri; Sapulette, Militcyano Samuel; Pratama, Bayu Rizky
Economics Development Analysis Journal Vol 13 No 1 (2024): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v13i1.75931

Abstract

There has been a growing interest to understand inflation through demographic lens using a critical key indicator known as the dependency ratio. However, studies investigating this nexus in terms of ASEAN nations are limited, despite ASEAN undergoing a demographic transition. Therefore, this paper aims to investigate the impact of age-population ratio on the inflation rate across 8 ASEAN countries during 2000-2020. This research uses Feasible Generalized Least Squares (FGLS) estimation, as it is robust to groupwise heteroskedasticity, serial and cross-sectional correlations. The result reveals that population aging is deflationary. However, the elderly dependence successfully explains the price dynamic after controlled by monetary and macro variables. It means that aging matters for inflation along with the macro variables dynamic. In addition, the analysis also sheds light on the impacts of the young dependency, which does not significantly impact the inflation rate when macro variables are taken into account. This research also underlines the importance of considering demographic dynamics in the future monetary policy decisions.
The Effect of Asean Financial Services Liberalisation on Economic Growth Abidin, Mufti Kandaga; Pratomo, Devanto Shasta
Economics Development Analysis Journal Vol 13 No 1 (2024): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v13i1.76926

Abstract

In 1997, ASEAN agreed to liberalise the trade in financial services in the region marking its initial agreement with AFAS (ASEAN Framework Agreement in Services). In 2019, AFAS concluded the eighth round of the trade in financial services negotiations. Based on the agreement, this research aims to quantify the level of openness and investigate the connection between the openness level and and the economic growth ASEAN 5 countries. Using random effects panel data, the ASEAN financial services liberalisation positively and significantly affects economic growth. The results confirm that liberalisation is on track. Learning from the European Union’s experience in financial services integration, this research suggests that strengthening cross-border regulation and supervision is essential for moving forward after liberalisation.
Household Consumption and Electronic Money Transactions in Indonesia: VECM Approach Azilla, Widya; Novianda, Besti
Economics Development Analysis Journal Vol 13 No 1 (2024): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v13i1.78819

Abstract

The high contribution of household consumption to GDP reflects the significant level of public consumption in Indonesia. This is evident from the annual increase in transactions through digital payment system, which facilitate easier for people to consume goods and services. Previous studies have offered various perspectives on the impact of electronic money transactions on household consumption, in both the short and long run. Therefore, this study aims to analyze the relationship between electronic money transactions and household consumption in Indonesia. By employing the Vector Error Correction Model (VECM) and examining data from 2009Q1 to 2022Q4, the study aims to provide insights into the dynamics of short-term and long-term relationships among electronic money transactions, household consumption expenditure, real income, and interest rates. Based on the results in the short term, it was found that electronic money and real income are positively related to household consumption expenditure in Indonesia. With the increase in electronic money transactions and people's income levels rising, households tend to spend more money, contributing to increased societal consumption. However, this positive relationship does not persist in the long term, suggesting that electronic money does not significantly impact household spending patterns over extended periods. Real income, on the other hand, continues to have a consistent effect in the long term. Furthermore, interest rates do not significantly influence consumption expenditure in either the short or long term. This implies that changes in interest rates do not notably affect consumer behaviour regarding spending habits in Indonesia.

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