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Contact Name
Mahrus Lutfi Adi Kurniawan
Contact Email
mahrus.kurniawan@ep.uad.ac.id
Phone
-
Journal Mail Official
optimum@uad.ac.id
Editorial Address
https://journal2.uad.ac.id/index.php/optimum/about/editorialTeam
Location
Kota yogyakarta,
Daerah istimewa yogyakarta
INDONESIA
Optimum: Jurnal Ekonomi dan Pembangunan
ISSN : 14116022     EISSN : 26139464     DOI : -
Core Subject : Economy,
The Optimum: Jurnal Ekonomi dan Pembangunan aims to publicize the results of research concerning economics and development at national, and international levels with particular emphasis on the application of quantitative and qualitative analysis.
Articles 15 Documents
Search results for , issue "Vol. 15 No. 2 (2025)" : 15 Documents clear
Analyzing the impact of risk profile on financial performance in banks: Moderating effect of good corporate governance Maulydia, Dewi Sri; Setiawati, Ririt Iriani Sri
Optimum: Jurnal Ekonomi dan Pembangunan Vol. 15 No. 2 (2025)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/optimum.v15i2.13324

Abstract

The restrictions on economic activity during the COVID-19 pandemic harmed banking stability in Indonesia. This is reflected in the decline in banks' financial performance in 2020 due to high losses on various risk profiles. These risks do not only occur under certain conditions, such as a pandemic, but are also inherent in the bank's business activities. Therefore, this study analyzes the impact of credit risk, operational risk, and liquidity risk on bank financial performance in 2019-2024, involving GCG as a moderating variable. The purpose of this analysis is to provide an overview of the quality of risk management in commercial banks in Indonesia. The object of this research is commercial banks listed on the IDX. The research sample consisted of 15 banks, selected through purposive sampling. The data were analyzed using panel data models and moderated regression (MRA). The results showed that credit risk and operational risk had a negative effect, while liquidity risk did not affect bank financial performance. GCG weakens the negative relationship between operational risk and financial performance, but does not moderate the relationship between credit risk and liquidity risk. The findings suggest that the risk management of commercial banks in Indonesia is suboptimal, particularly in terms of credit risk and operational risk. Tighter supervision by GCG is also necessary to mitigate the adverse effects of risk.
Natural resource dependence and economic growth in Sulawesi: An empirical study of the resource curse phenomenon Delfiatiffany, Adhea Mita; Sodik, Jamzani; Nuryadin, Didi
Optimum: Jurnal Ekonomi dan Pembangunan Vol. 15 No. 2 (2025)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/optimum.v15i2.13795

Abstract

Natural resource abundance does not always guarantee successful regional economic development. In many cases, heavy reliance on extractive sectors can lead to structural disparities and growth stagnation, a condition widely referred to as the resource curse. This study aims to identify early signs of the resource curse in six provinces across Sulawesi Island and to examine the influence of the Regional Resource Curse Index (RRCI) on Gross Domestic Regional Product (GDRP) during the period 2013–2023. A quantitative approach was employed by constructing a composite RRCI derived from the Natural Resource Dependency Index (NRDI) and the Regional Sustainable Development Index (RSDI), followed by regression analysis using Two-Stage Least Squares (2SLS), with nickel commodity prices used as an instrumental variable. The results show that the highest RRCI value was recorded in Southeast Sulawesi at 49.7 in 2023, followed closely by West Sulawesi and North Sulawesi, both with scores of 50.8. While the OLS and Fixed Effects models found no significant effect of RRCI on GDRP, the 2SLS estimation revealed a significant and positive causal relationship, with a lnRRCI coefficient of 0.5438 at the 1% significance level. These findings suggest that regional economic growth remains strongly driven by the extractive sector, although its contribution may be short-lived. This study concludes that Sulawesi Island has not yet fully experienced the resource curse, but early indications are present. Strengthening institutional capacity and developing alternative economic sectors are necessary to prevent long-term dependency on natural resources.
Analysis the effect of globalization and uncertainty on trade openness in ASEAN: A panel quantile regression approach Khalil, Amber; Abadi, Rifky Prasetya; Nasir, Muhammad Safar
Optimum: Jurnal Ekonomi dan Pembangunan Vol. 15 No. 2 (2025)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/optimum.v15i2.14004

Abstract

Trade openness is defined as a country's involvement in the global economy through international trade, foreign investment, and capital flows. High levels of trade openness enable countries to capitalize on the vast global market, access foreign technology and capital, and increase economic efficiency and competitiveness. This study focuses on the determinants of trade openness and the institutional environment. This is inseparable from the fact that ASEAN countries have more developing countries than developed countries, so that global shocks have an impact on the domestic economy. This study used a panel quantile regression The findings show globalization has an effect at the quantile levels of 0.25, 0.50, and 0.75 and indicates that increasing globalization also increases trade openness. As globalization increases, socio-economic relations between countries also improve, such as expanding relations between countries for international cooperation and at the 0.90 quantile level, globalization has no effect on trade openness. This means that high levels of globalization do not affect trade openness. The panel quantile ​​of 0.10, 0.25, 0.50, 0.75, and 0.90 indicates that economic uncertainty has no effect on trade openness means countries on economic recovery, the government still applies international trade restrictions to protect domestic entrepreneurs. The implication of the study for the policymakers that need to increase the globalization index to not only foreign trade occurs, but also technology transfer that can encourage high-quality and globally competitive domestic production, thereby supporting the trade-led growth hypothesis.
Determinants of local government revenue and economic potential: Pathways for revenue enchancement Riantisari, Rahmawati; Putri, Arie Rachma; Husna, Faizah Khotimatul
Optimum: Jurnal Ekonomi dan Pembangunan Vol. 15 No. 2 (2025)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/optimum.v15i2.14232

Abstract

Fiscal independence represents a critical indicator of regional governments' capacity to finance development without dependence on central government transfers. Klaten Regency continues to exhibit low fiscal autonomy levels with suboptimal of local government revenue (LGR) contributions. This study aims to: a). identify principal factors influencing Klaten Regency's LGR, and b). analyze local economic potential for enhancing revenue sources. The research novelty integrates comprehensive economic factor analysis including Gross Regional Domestic Product (GRDP), population, tourist arrivals, regional taxes, regional levies, and capital expenditure with leading sector identification through Location Quotient (LQ) analysis. This holistic approach fills a significant research gap in Klaten Regency studies. The methodology employs multiple linear regression analysis of six variables, stakeholder interviews, and LQ analysis to determine base economic sectors. Results demonstrate that GRDP, population, and regional taxes have a significant influence on LGR, while tourist numbers, levies, and capital expenditure show no significant impact. Notably, levies exhibit negative effects on revenue generation. The study concludes that LGR enhancement requires optimization of base economic sectors rather than broad-spectrum approaches. Strengthening fiscal capacity demands adaptive, targeted management strategies aligned with local potential. Future research will focus on formulating tourism sector development strategies through regional business management frameworks. This comprehensive analysis provides policymakers with evidence-based insights for improving Klaten's fiscal independence through strategic economic sector development.
A structure model of economic resilience on female single-parent families: The contribution of digital inclusion, financial management and financial trauma Sutanto, Hermawan; Handayani, Fitri; Sofyan, Silvia
Optimum: Jurnal Ekonomi dan Pembangunan Vol. 15 No. 2 (2025)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/optimum.v15i2.14355

Abstract

Female single-parent households are among the most vulnerable groups to economic shocks due to limited access to resources, decent work, and social protection. Strengthening their economic resilience is therefore a pressing challenge, particularly in the era of digitalization where opportunities and risks coexist.This study aims to examine the role of digital inclusion, financial management, and financial trauma in shaping the economic resilience of female-headed households in Medan.The research contributes to the literature by integrating digital and psychosocial dimensions into a structural model of economic resilience, while also offering evidence-based insights for inclusive empowerment policies.A quantitative approach was employed using a survey of 200 respondents, and data were analyzed with Structural Equation Modeling–Partial Least Squares (SEM-PLS).The results indicate that digital inclusion significantly improves financial management and directly enhances economic resilience. Financial management mediates the relationship between digital inclusion and economic resilience, showing that digital access only translates into stronger resilience when supported by effective financial practices. Financial trauma, while directly influencing economic resilience, was not found to moderate the link between financial management and resilience.In conclusion, the findings highlight that access to digital technology combined with strong financial management skills is the key to building sustainable economic resilience in female-headed households.

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