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Efficient: Indonesian Journal of Development Economics
ISSN : 26556197     EISSN : 2655318X     DOI : -
Core Subject : Economy,
Efficient Journal is a journal base on the economics and development studies. This journal publishes a research paper related to specific themes such as macro economics, small and medium enterprises, public policy, monetary economics, development studies, international economics, trade economics, agriculture economics, tourism, regional and finance economy, and related studies within economics and development.
Articles 9 Documents
Search results for , issue "Vol. 6 No. 3 (2023)" : 9 Documents clear
The Study of Factors Influencing the Movement of Inflation in Thailand Adinan Al-Mustafa
Efficient: Indonesian Journal of Development Economics Vol. 6 No. 3 (2023)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/5exx6436

Abstract

The main cause of inflation is excessive demand for goods and services that exceeds the capacity to supply them, often due to increased production costs. This leads producers to adjust prices upward or reduce production. In the context of energy-related products, such as fossil fuels, electricity, and cooking gas, they constitute a significant portion of production costs for many goods and services. This study used quantitative research, and data were collected by the documentation method with secondary data from 1998–2022, using autoregressive distributed lag (ARDL) as a method for data analysis. Based on the results of the analysis, it was found that oil prices have a significant positive influence on inflation, both in the short run and the long run. Government expenditures have a significant negative influence on inflation, both in the short run and the long run. The money supply has a significant positive influence on inflation, both in the short run and the long run. Average monthly wages have a significant positive influence on inflation in Thailand, but only in the short run. The unemployment rate has a significant negative influence on inflation, but only in the short run.
The Role of Demographic, Economic, and Technological on Carbon Emissions in ASEAN Alma Aurellia Amanda
Efficient: Indonesian Journal of Development Economics Vol. 6 No. 3 (2023)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/3vypmm71

Abstract

ASEAN as a region with rapid economic growth and a large population. This study aims to analyze the factors affecting CO2 emissions in ASEAN member countries using the STIRPAT model and Panel FMOLS in the period 2014-2021. The results show that population, GDP per capita, tourism and ICT have a significant and positive influence on emissions in the long run. Meanwhile, renewables energy consumption also contributes to the reduction of CO2 emissions in the long term. However, there is a difference between CO2 emissions produced before and during the Covid-19 pandemic.
The Effect of Village Fund Cash Transfer on Food Consumption Muhammad Anisulfuad; Evi Yulia Purwanti
Efficient: Indonesian Journal of Development Economics Vol. 6 No. 3 (2023)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/06ebyn95

Abstract

The Covid-19 pandemic has caused economic problems in Patebon District. Village fund cash transfer is a program to help increase food consumption for poor households and those affected by the Covid-19 pandemic. This study aims to analyze the effect of village fund cash transfer on the level of food consumption of Beneficiary Families (KPM) after receiving village fund cash transfer. This research was conducted by interviewing 89 KPM village fund cash transfer in Patebon District. The analysis was conducted using one dependent variable, namely the level of household food consumption and five independent variables, namely the village fund cash transfer, household income, number of family dependants, head of household job status, and head of household education. The analysis was performed using logistic regression. Household income and the number of family dependants have a significant effect on the level of change in household food consumption. Meanwhile, the village fund cash transfer, head of household job status, and head of household education have no significant effect on the level of change in household food consumption.
Identification of Factors Driving Household Intention to Implement Circular Economy Raden Danang Aryo Putro Satriyono; Dinda Safitri Ramadhani
Efficient: Indonesian Journal of Development Economics Vol. 6 No. 3 (2023)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/8hbjxa39

Abstract

Indonesia’s waste problem leads to severe effect such as economic, environment and social consequences in Indonesia as second largest contributor of plastic waste in the world. Most of the plastic waste source in Indonesia is from household sector. This phenomenon then can be further analysed with variables related to perception and behavior of humans. This study investigates determinants of residents' participation intention and behavior to implement circular economy for their plastic waste in a framework that incorporates Extended theory of planned behavior (TPB). Structural Equation Modeling (SEM) then was used to analyse all the variables correlation, The results of this study are that there are 5 significant correlations between variables, namely Descriptive Norm and Attitude have a significant and negative effect on Intention to Use. This study also found that the factors Perceived Behavioral Control, Individual concern and perceived economic use had a positive and significant effect. In addition, other findings are that Perceived Usefulness and Perceived Effectiveness and perceived environmental knowledge do not have a significant effect on Intention to Use.
Analysis of the Determinants of Economic Growth in G20 Countries 2012-2021 Deni Putra Paratama
Efficient: Indonesian Journal of Development Economics Vol. 6 No. 3 (2023)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/9b0stp35

Abstract

Economic growth is one of the indicators that can be used by a country to assess and evaluate the condition of economic development within a country. This research aims to examine how government debt, foreign direct investment, foreign exchange reserves, and exports can affect economic growth and aims to determine the short-term and long-term relationship of the independent variable used to the dependent variable. The data used in this research is a type of panel data starting from 2012 to 2021 with the object of research of 19 countries in the G20 group. The analytical tool used in this research is Pooled Mean Group/Autoregressive Distributed Lag (ARDL). The results of this research show that in the short-term government debt, foreign direct investment has a positive and insignificant relationship with economic growth. On the other hand, exports have a positive and significant relationship to economic growth in the short term.
The Effect of Global Market Openness on Indonesia’s Tourism Demand Durrotul Hikmah; Shanty Oktavilia
Efficient: Indonesian Journal of Development Economics Vol. 6 No. 3 (2023)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/te9v1h41

Abstract

This study aims to analyze the factors that influence Indonesia’s tourism demand from the Asia Pacific region in 2012-2021. This study uses panel data regression analysis with a random effect model approach. This research is a type of quantitative research using secondary data consisting of cross data, namely cross section data for 8 countries in the Asia Pacific region ana time series data for period 2012 to 2021. The variable used in this study are Indonesia’s tourism demand as the dependent variable and trade openness, per capita income, real exchange rate, and the COVID-19 pandemic in 2020-2021 (dummy) as independent variables. The result showed that the variables of trade openness and income per capita had a positive but insignificant effect on Indonesia’ tourism demand. The real exchange rate variable has a positive and significant effect on Indonesia’s tourism demand. While the dummy is proven to have differences in Indonesia’s tourism demand from the Asia Pacific region before and during the COVID-19 pandemic.
Does the Environment Kuznets Curve Theory Exist in China? Nikolaus Ekna Chandra Irawan
Efficient: Indonesian Journal of Development Economics Vol. 6 No. 3 (2023)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/6syxby19

Abstract

China's rapid economic growth has led to predictions that it will surpass the United States as the world's top economic power. However, this growth comes at the cost of increased emissions. The relationship between environmental degradation and income per capita is discussed through the Environmental Kuznets Curve (EKC) theory. A study conducted in China used variables such as GDP per capita, coal energy consumption, renewable energy consumption, and private sector domestic credit. The study utilized 31 years of time series data from 1991 to 2021 and employed the ARDL method for data processing. The findings suggest that the EKC hypothesis holds true in the short term, indicating an inverted U curve. However, in the long term, the EKC hypothesis does not hold. Coal energy consumption has a positive and significant impact on CO2 emissions in the long run. Similarly, renewable energy consumption shows a negative and significant effect on emissions in the long run. Private sector domestic credit has a positive and significant influence in the long run. It can be concluded that the EKC theory does not apply to China, and it is not possible to reduce emissions by simply improving the economy.
Factors affecting CO2 emissions in Indonesia 1985-2021 Rani Salsabila Nadiani
Efficient: Indonesian Journal of Development Economics Vol. 6 No. 3 (2023)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/ksrb6f13

Abstract

This study aims to determine and analyze the effect of urban population, per capita income, per capita income2, oil consumption and natural gas consumption on CO2 emissions in Indonesia in 1985-2021.This study uses the Autoregressive Distributed Lag (ARDL) method. The results show that the variables of urban population, per capita income, per capita income2, oil consumption, natural gas consumption have a positive effect on CO2 emissions in the short term, while in the long term the variables of urban population, per capita income and natural gas consumption have no effect on CO2 emissions in the long term. The Environmental Kuznets Curve Hypothesis (EKC) is proven in Indonesia.
Analysis of Exchange Rate and Inflation in Indonesia Under Floating Exchange Rate System Yollit Permata Sari; Urmatul Uska Akbar; Isra Yeni; Hari Setia Putra; Dwi Rani Puspa Artha
Efficient: Indonesian Journal of Development Economics Vol. 6 No. 3 (2023)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/6vgcjn75

Abstract

Changes in the exchange rate system in Indonesia from a fixed exchange rate system to a floating exchange rate system have caused the exchange rate in Indonesia to fluctuate very easily. This study aims to analyze the effect of the exchange rate on inflation or what is known as the exchange rate pass through. This study used monthly data from January 2016 to December 2021. The data in this study were obtained from the world bank and Bank Indonesia. This study used a multiple linear regression model. The dependent variable is inflation, while the independent variable is the exchange rate. This study also uses a control variable to prevent biased results. The control variables are the Wholesale Price Index, the number of shares traded and the amount of money in circulation or money supply. The results of the study found that the exchange rate did not affect inflation in Indonesia. Meanwhile, for the control variable, the same results were found in the variable money supply, which also did not significantly affect inflation. Different results were found in the wholesale price index and the number of shares traded which significantly affected inflation respectively. The conclusion shows that when Indonesia adopts a floating exchange rate system, exchange rate changes are not significant in influencing inflation.

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