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Efficient: Indonesian Journal of Development Economics
Published by Universitas Negeri Semarang
ISSN : 26556197     EISSN : 2655318X     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
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.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekomomi dan Ekonometrika
Articles 10 Documents
 1 
Search results for , issue "Vol. 7 No. 3 (2024)" : 10 Documents clear
Socio-Economic Indicator of Childhood Stunting in Indonesia: A GMM Analysis Margettya; Suryanto; Gravitiani, Evi
Efficient: Indonesian Journal of Development Economics Vol. 7 No. 3 (2024)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/efficient.v7i3.6601

Abstract

The purpose of this study is to analyze the short-term and long-term effects of socio-economic indicators on the prevalence of stunting in Indonesia in 2018-2022. The estimation used to analyze the spatial dynamic panel data model in this study is the Generalized Method of Moment (GMM). Based on the results of the analysis, the variables that have a significant positive effect on the prevalence of stunting in Indonesia are GRDP per capita and poverty, while the variables of literacy, sanitation and HDI have a negative effect on the prevalence of stunting. Although the effect of GRDP per capita on stunting is weak, if followed by low poverty, increasing literacy spirit, awareness of the importance of sanitation and the continued growth of Indonesia's human development index, it is hoped that every household can provide the nutritional needs of toddlers to quickly reduce the prevalence of stunting in Indonesia.
Does Access to Digital Financial Services Increase Consumption in Indonesia? Kasih, Ageni Trifi; Catur Sugiyanto
Efficient: Indonesian Journal of Development Economics Vol. 7 No. 3 (2024)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/efficient.v7i3.8065

Abstract

The development of technology is increasing rapidly, the development of the internet in Indonesia has been sufficient to start financial development. Financial development using ICT can reduce problems in accessing financial services such as distance, collateral, time and high credit or interest costs. Previous studies have provided limited explanations for financial development in Indonesia. Using panel data from 2019 to 2022 collected from the Central Bureau of Statistics and the Financial Services Authority covering 34 provinces, we examined the effect of access to digital financial services on consumption levels in Indonesia. From the results of the random effect model (REM) regression analysis, we found that access to digital financial services in Indonesia has not increased consumption. The number of account holdings, the number of loans disbursed, and the number of bank branch offices spread across all provinces in Indonesia are not enough to increase consumption. Only 21.75% of financial service access variables and control variables such as human capital levels, economic growth, urbanization and the Covid-19 year could explain consumption levels.
Boosting Income for Magelang's Creative Sector Kristi Aprilianto, Satya ``; Panjawa, Jihad; Togar Laut , Lorentino
Efficient: Indonesian Journal of Development Economics Vol. 7 No. 3 (2024)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/efficient.v7i3.8386

Abstract

Production activities that can still survive and achieve large profits today are activities that are competitive and innovative. The current sector that continues to grow, one of the factors that increase economic growth is the creative economy sector, which shows improvement in increasing the income of its people. The creative economy is a strategy implemented by the Indonesian government in advancing the country's economic sector. This study aims to analyze the factors that affect the income of creative economy business actors in Magelang Regency. This study uses multiple linear regression analysis tools. The results showed that labor, gender, and creative economy subsector had a significant effect on the income of creative economy business actors. While capital, length of business, education, skills, and marketing have no significant effect on the income of creative economy business actors. The implication of this research is that it is necessary to increase investment in labor development, training and capacity building in order to increase productivity and efficiency
Multiplier Effect Analysis of Tourism Sector In The West Java Province Okbiantari Soliah, Shinta
Efficient: Indonesian Journal of Development Economics Vol. 7 No. 3 (2024)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/efficient.v7i3.9118

Abstract

The tourism sector in West Java Province has significant potential, with increasing tourist visits. However, its economic impact remains suboptimal. This study examines forward and backward linkages, multiplier effects, and the impact of sectoral shocks using input-output analysis with secondary data from BPS. Results indicate that the tourism sector ranks third in forward linkage, led by the transportation and warehousing sub-sector, and fourth in backward linkage, also dominated by transportation and warehousing. In terms of multiplier effects, the tourism sector achieves the third-highest output effect for both type I and type II, though its income and workforce multiplier values remain below average, limiting contributions to income growth and job creation. Shock impact analysis reveals that investment in the tourism sector could enhance output, income, and employment, highlighting its potential as a driver of regional economic growth when appropriately supported.
Analysis of The Potential Competitiveness of Indonesian Wood Charcoal Exports In The International Market 2000-2022 Melinda, Feny
Efficient: Indonesian Journal of Development Economics Vol. 7 No. 3 (2024)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/efficient.v7i3.10273

Abstract

Based on UN Comtrade data from 2007-2022, Indonesia emerged as a leading exporter of wood charcoal in the international market, despite a downward trend in export growth. This study analyzes the market structure concentration, competitiveness, trade position, and trade integration between Indonesia and its trading partners using data from UN Comtrade and BPS. Analytical methods include Concentration Ratio (CR-4), Herfindahl Index, Revealed Comparative Advantage (RCA), Revealed Symmetric Comparative Advantage (RSCA), Index of Trade Specialization (ISP), and Intra-Industry Trade (IIT). Results indicate that wood charcoal operates in a monopolistic competition market with low concentration, strong competitiveness, and a trade position at the maturation stage. However, trade integration with partners remains weak, positioning Indonesia primarily as an exporter. Strengthening competitiveness through increased production can enhance export volume and value, optimizing Indonesia's role in the international wood charcoal market.
Indonesia's Clove Export Competitiveness in the Continental Markets of Asia and the World Reviananda Putri , Elvina
Efficient: Indonesian Journal of Development Economics Vol. 7 No. 3 (2024)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/efficient.v7i3.12648

Abstract

Free exchange plays an important role in economic growth. One of them is the export potential that brings profits. Indonesia is becoming one of the largest producers of crab in the world. The research aims to determine the competitiveness of Indonesia’s and its competitors’ exports in the Asian and world markets, as well as its competitive position and trade specialization index in Indonesia. The data used in the study are secondary data from nine of the world's largest cranberry producers such as Indonesia, Malaysia, Sri Lanka, China, Madagascar, Tanzania, Comoros, Kenya and Grenada during the period 2013-2022. Data is obtained from UN Comtrade, FAOSTAT, BPS. Competitiveness is measured using Revealed Comparative Advantage (RCA), Reveled Symmetric Comparative Avantage (RSCA). Indonesian Trade Specialization Index using ISP and Export Product Dynamic (EPD) is used to determine competitive position. The results show that Indonesia has a high RCA index but still lags behind Madagascar, Comoros, Tanzania in terms of exports in the world market. While in the Asian market, Indonesia occupies the second position after Sri Lanka. ISP ratings show that Indonesia is at 4 stages and EPD ratings indicate that Indonesia, Madagascar, Grenada, Comoros, and China are in Rising star position while others are in Lost Oppurtunity position. To increase competitiveness and suppress high imports, governments must have the courage to take policies that are appropriate to the conditions and problems that exist.
Review Of the Effectiveness of The Central Java Province Government's Cooperative and Sme Development Program Widyastuti, Ariyani; Avi Budi Setiawan; Adriani Dimasari
Efficient: Indonesian Journal of Development Economics Vol. 7 No. 3 (2024)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/efficient.v7i3.13194

Abstract

In order to improve the achievement of development of the Cooperative and MSME sectors and to find out the extent of the effectiveness of the programs/activities that have been carried out towards achieving targets in accordance with the organization's vision and mission, it is necessary to conduct an evaluation of the program or activity and its recommendations. Through this evaluation activity, the weaknesses or obstacles faced will be identified, so that the results can be used as information to make corrections or improvements to the implementation of the program in the future. The purpose of this study is to conduct evaluations and provide recommendations for various programs in the strategic plan that have been implemented by the cooperative and UMKM service in Central Java. The quantitative approach aims to provide recommendations for the cooperative and UMKM development program of the Central Java provincial government using the ANP (Analytic Network Process) method. This study uses Logical Framework analysis to determine the evaluation of the cooperative and UMKM development program of the Central Java provincial government.
Exchange Rate Pass-Through in ITF Adopting Countries: Indonesia, Thailand, Philippines Comparative Study Fauziah, Syifa; Akhmad Syakir Kurnia
Efficient: Indonesian Journal of Development Economics Vol. 7 No. 3 (2024)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/efficient.v7i3.13304

Abstract

This paper investigates how the adoption of inflation targeting influenced Exchange Rate Pass-Through (ERPT) in the three developing countries of Southeast Asia – Indonesia, Thailand, and the Philippines. Moreover, this paper aims to analyze the macroeconomic determinants of the degree of pass-through to a consumer price index. For this purpose, we employ an Error Correction Model (ECM) regression analysis. The results found evidence that adopting an inflation-targeting framework does not necessarily reduce the degree of ERPT. However, economic openness emerges as a key limiting factor as higher trade share and lower trade tariffs lessen the degree of ERPT in those countries. It implies that trade liberalization, economic diversification, and enhancing competitiveness to reduce reliance on imports can further mitigate ERPT’s impact on inflation.
Determinants of Poverty in Indonesia: Does Per Capita Income Matter? Imantria, Benny
Efficient: Indonesian Journal of Development Economics Vol. 7 No. 3 (2024)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/efficient.v7i3.13344

Abstract

Poverty in Indonesia has decreased significantly over the past 50 years, but per capita income does not yet indicate deprivation of basic needs. This study aims to identify the determinants of poverty in Indonesia through an economic and social aspect. Data sample used includes poverty rates and socio-economic aspects from 34 provinces in Indonesia for the period 2015-2022, which were analyzed using panel data regression with random effect model. The novelty of this study lies in the socio-economic variables representing financial capability and basic needs. This study found that per capita income, average years of schooling, life expectancy, access to clean water, and access to electricity have negative and significant effects, while unemployment, Gini coefficient, and poverty line have positive and significant effects on poverty in Indonesia. Poverty alleviation can be accelerated not only by increasing per capita income, but also by government policies that equalize income distribution and reduce deprivation of basic needs. Policymakers are expected to improve economic growth, education, healthcare, access to clean water and electricity, reduce income inequality and unemployment, and maintain purchasing power to alleviate poverty in Indonesia.
Investigating Kaldor’s Theory in ASEAN-5 Countries Phany Ineke Putri; Malik Cahyadin; Basem Ertimi
Efficient: Indonesian Journal of Development Economics Vol. 7 No. 3 (2024)
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/efficient.v7i3.14921

Abstract

Manufacturing is a strategic key sector in driving a country's productivity, which will increase per capita income. However, manufacturing has lost its relative role in both developed and developing countries. Five countries in the Southeast Asia region, namely Malaysia, Thailand, Indonesia, the Philippines, and Vietnam are five countries in the middle-income category that have the largest Gross Domestic Product (GDP) in the Southeast Asia region. Based on World Bank data 2023 states that GNI per capita in 2023, namely Indonesia is ranked 112th, Thailand is ranked 80th, Malaysia is ranked 60th, the Philippines is ranked 113th, and Vietnam is ranked 131st. This study aims to analyze the influence of the variables Manufacturing, Foreign Direct Investment, Liner Shipping Connectivity Index, Mobile-cellular Telephone Subscriptions, and Education Index on Gross National Income per capita in five Southeast Asia countries from 2013 to 2022. Using panel data analysis, it is explained that the panel data regression estimation model Fixed Effect Model (FEM) shows an adjusted R2 value of 0.9833. The variables in this study have a significant effect on GNI per capita, namely the variables Manufacturing, Foreign Direct Investment, Liner Shipping Connectivity Index, Mobile-cellular Telephone Subscriptions, Education Index.

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