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Eko-Regional: Jurnal Pembangunan Ekonomi Wilayah
Published by Universitas Jenderal Soedirman
ISSN : 19076827     EISSN : 26208849     DOI : https://doi.org/10.32424/er.v20i1
Core Subject : Economy, Health, Science, Social,
Economics, Econometrics & Finance Energy Environmental Science Public Health Social Sciences
Focus and Scope EKO-REGIONAL: Jurnal Pembangunan Ekonomi Wilayah facilitates and encourages high-quality scholarship on important issues in Regional and Development Economics. Our journal publishes significant contributions that are theoretical or empirical, positive or normative. It solicits original papers with a spatial dimension that can be of interest to economists. EKO-REGIONAL: Jurnal Pembangunan Ekonomi Wilayah publishes research from following topics: 1. Regional Economics & Government Analysis Size and Spatial Distributions of Regional Economic Activity. Regional Economic Activity: Growth, Development, Environmental Issues, and Changes. Econometric and Input–Output Models. Regional Development Planning and Policy. 2. Small and Medium Enterprises Small and Micro Business. Cooperatives. 3. Natural Resources Renewable Resources and Conservation. Land Use Patterns. Tourism Economics. Articles published in EKO-REGIONAL: Jurnal Pembangunan Ekonomi Wilayah are determined through the blind review process conducted by editors and reviewers. This process considers several factors such as the relevance of the article and its contribution to the development of economics literature as well as compliance with the requirement of published articles. Editor and reviewer provide evaluation and constructive suggestions for the author.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekomomi dan Ekonometrika
Articles 40 Documents
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Crowdfunding Innovation In Village Tourism Development: A Sustainable Investment Model For Community Economic Improvement Faizin, Moh.; Anggraini, Yulia; Ridwan, Mohammad
Eko-Regional: Jurnal Pembangunan Ekonomi Wilayah Vol 20 No 2 (2025): September 2025
Publisher : Faculty of Economics and Business Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/er.v20i2.15856

Abstract

The development of tourism villages is a crucial strategy for enhancing the economic well-being of rural communities, although limited capital often acts as a barrier. This study examines crowdfunding-based investment innovations as an alternative to traditional fundraising methods for tourism villages, using case study in Ketapanrame Village. The study focuses on tourism infrastructure financing, community empowerment, and business diversification rooted in local wisdom. Results show increased citizen participation, job creation, and accelerated inclusive economic growth in the village. Community funding through crowdfunding has proven effective with transparent mechanisms, community-based dividend distribution, and clear boundaries. In addition to strengthening sustainability, this model promotes direct community involvement in development. These findings are expected to serve as a reference for policymakers and investors to design more innovative, educational, and community-responsive tourism village funding schemes.
Identification of Potential Processed Products from Coconut Water for MSME Development in Indonesia Mela, Ervina; Mustaufik, Mustaufik; Budiarti, Laeli; Elza, Livianinda
Eko-Regional: Jurnal Pembangunan Ekonomi Wilayah Vol 20 No 2 (2025): September 2025
Publisher : Faculty of Economics and Business Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/er.v20i2.13720

Abstract

Coconut products, especially coconut water, have the potential to be carried out on a household or MSME scale. The purpose of this study was to identify processed products from coconut water that have the potential to be developed on an MSME scale in Indonesia. The study was conducted in 2 stages. The first stage is the identification of processed products from coconut water. The second stage is the selection of potential products. The selection of potential products was done by applying the Bayes method through interviews with 9 experts. The selection criteria were market potential, business capital, technology, human resources and and availability of raw materials. The study results showed that the products in the top 3 rankings were nata de coco, coconut vinegar, and packaged coconut water. The study results are expected to be useful for related stakeholders such as MSMEs, local governments, and universities to develop downstream coconut water products.
Heterogeneity of Social Returns to Education Across Employees Education Levels in Indonesia Wahyuni, Ribut Nurul Tri; Retnaningsih, Retnaningsih; Yuliana, Lia
Eko-Regional: Jurnal Pembangunan Ekonomi Wilayah Vol 20 No 2 (2025): September 2025
Publisher : Faculty of Economics and Business Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/er.v20i2.15782

Abstract

This study estimates the heterogeneity of agglomeration externalities across employees' education levels in Indonesia. This study uses the 2020-2024 microdata and the Instrumental Variable (IV) Heckman model with the historical population density and the number of universities as IVs. The result indicates that social returns to education from the local high-skill labor market, which is a part of agglomeration externalities, are positively significant and higher for high- and medium-skilled employees than for low-skilled employees. This finding demonstrates the efficacy of public education investments, especially Indonesian government policy that can enhance the quantity and quality of university graduates, thereby promoting the transfer of knowledge to all employees and eventually reducing wage inequality between regions.
Fiscal Dynamics and Financial Capacity in South Sulawesi Province Rahman Bato, Aulia; Bulutoding, Lince; Sudarwinti, Sudarwinti
Eko-Regional: Jurnal Pembangunan Ekonomi Wilayah Vol 20 No 2 (2025): September 2025
Publisher : Faculty of Economics and Business Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/er.v20i2.16244

Abstract

This study examines the effects of the flypaper effect, fiscal stress, and tax effort on the financial capacity of South Sulawesi Province over the period 2002 to 2024 using the VECM method. In the short term, none of the identified factors exerts a significant influence on fiscal capacity. However, in the long term, the flypaper effect and fiscal stress are found to negatively affect financial capacity, whereas tax effort is found to have a positive effect. The flypaper effect indicates dependence on central transfers, reducing fiscal efficiency. Fiscal stress arises from imbalances that weaken capacity, while tax effort enhances fiscal autonomy by maximizing local revenue. These findings emphasize the importance of reducing fiscal dependence, improving spending efficiency, and promoting good governance to strengthen financial sustainability. The quality of institutions and governance also plays a crucial role in determining the success of fiscal policy at the regional level
Assessing Smart City’s Readiness in Semarang City for Sustainable Development Badriah, Lilis Siti; Utami, Rian Dwi
Eko-Regional: Jurnal Pembangunan Ekonomi Wilayah Vol 20 No 2 (2025): September 2025
Publisher : Faculty of Economics and Business Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/er.v20i2.17312

Abstract

This study aims to analyze Semarang City's readiness to become a Smart City for sustainable development. This research employs qualitative analysis and utilizes secondary data from the mass media. The data were processed using Data Coding technique, Crosstab Queries, and Word Cloud Analysis. The result indicates that Semarang City has the potential for smart city development. It is supported by the implementation of flagship programs in Semarang City to achieve Smart City status, particularly in improving public services, creating a green environment, and fostering sustainable economic growth. Semarang City faces challenges such as inadequate supporting infrastructure for smart cities, disparities in technological know-how across society, and significant environmental challenges. Regarding implications, this study recommends that the municipal government undertake comprehensive development and training for the human resources involved in the Smart City initiative, in addition to providing technological outreach to the community to accelerate the Smart City initiative.
Unveiling Regional Growth Patterns Spatial Heterogeneity and Infrastructure Quality under a Bayesian Framework in Central Java Suripto, Suripto; Salim, Agus; Kurniawan, Mahrus Lutfi Adi; Khasanah, Uswatun; Athfal, Azkal Azkiya
Eko-Regional: Jurnal Pembangunan Ekonomi Wilayah Vol 20 No 2 (2025): September 2025
Publisher : Faculty of Economics and Business Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/er.v20i2.17670

Abstract

: This study investigates the impact of infrastructure quality, encompassing roads, clean water distribution, and electricity consumption, on regional economic growth in Central Java from 2018 to 2024. A Bayesian Panel Data Regression model with a hierarchical structure was estimated using the Markov Chain Monte Carlo (MCMC) method, assisted by Python programming, to address spatial heterogeneity, lag effects, and parameter uncertainty. Model validation employed Posterior Predictive Checks (PPC), Bayesian R², R-hat statistics, and Effective Sample Size (ESS). The findings reveal that past GRDP significantly influences current regional economic growth, while the direct effects of infrastructure variables are statistically insignificant. This outcome highlights that infrastructure quality is more important than quantity in promoting development. The study advances empirical methodologies by integrating full posterior inference with predictive validation, representing a state-of-the-art approach in regional economic analysis. The results provide strong evidence in support of formulating infrastructure policies that focus on long-term, sustainable Growth.
Analysis of the Linkages and Impact of Electricity Industry Investments on Leading Industries in East Nusa Tenggara Province Barsua, Ni Putu Esti Utami; Parulian, Firman Emmanuel Declarantius; Wulandari, Yulia Nawang; Dilaga, I Made Joel Jaya; Kartiasih, Fitri
Eko-Regional: Jurnal Pembangunan Ekonomi Wilayah Vol 21 No 1 (2026): March 2026
Publisher : Faculty of Economics and Business Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/er.v21i1.13710

Abstract

This study aims to identify key industries in East Nusa Tenggara (NTT) in 2023, examine the linkages between these industries, and analyze the impact of investment shocks in the electricity sectors. Using the updated 2023 input-output tables, the analysis includes interrelationships, multiplier effects, and impact simulations. The study reveals that investment in the electricity sector is vital for boosting production and distribution capacity in NTT. Eight important NTT industries demonstrated significant forward and backward links in 2023. It is anticipated that investments made in the electrical sector will increase total economic production. This investment benefits not just the electrical industry directly but also other industries, especially wholesale and retail trade. In the future, an exploration of the possibilities of renewable energy should be conducted.
Solutions to Improve Welfare in Indonesia: Agency Theory Perspective Khairudin Khairudin; Aminah Aminah; Riswan Riswan
Eko-Regional: Jurnal Pembangunan Ekonomi Wilayah Vol 21 No 1 (2026): March 2026
Publisher : Faculty of Economics and Business Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/er.v21i1.13722

Abstract

This study focuses on testing the effect of good governance on welfare moderated by corruption in all provincial governments in Indonesia during the period 2014-2018. The test was conducted using panel data regression, where welfare was measured using the human development index value, good governance was measured using the governance index based on the principles of good governance from KNKG which was processed using the Principal Component Analysis method, corruption was measured using the number of irregularities found by government audit institutions, and the size of the regional government was measured using the number of state civil servants. The research data came from BPK-RI and BPS-RI. The test results found that good governance had a positive and significant effect on welfare, and corruption weakened the relationship between good governance and welfare, so the implementation of good governance and the continuous eradication of corruption in regional government organizations is very important.
Dynamics of Regional Finance and Economic Growth in Bali Province Putra, I Putu Reza Krisna; Setyari, Ni Putu Wiwin
Eko-Regional: Jurnal Pembangunan Ekonomi Wilayah Vol 21 No 1 (2026): March 2026
Publisher : Faculty of Economics and Business Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/er.v21i1.17885

Abstract

This study focuses on examining the relationship between local government financial performance and its economic growth in Bali Province using panel data from nine regencies and cities over the period 2012–2024, covering a total of 117 observations. The dependent variable is region’s economic growth, whilst region’s fiscal independence (PAD share), region’s fiscal transfer dependency, region’s expenditure efficiency, and region’s capital expenditure are the independent variables. The Autoregressive Distributed Lag (ARDL) approach was employed to analyze both short-term and long-term dynamics, which was further verified by tests of stationarity, cointegration, and Dumitrescu–Hurlin causality. The findings indicate that region’s fiscal independence and expenditure efficiency are statistically significantly affect long-term economic growth. We also found that region’s fiscal transfer dependency and region’s capital expenditure are not statistically significant in the long run. However, in the short-run, only region’s capital expenditure has a positive effect on region’s economic growth. One important finding is that causality runs in a one-way from economic growth to transfer dependency. Hence, the policy implications highlight the importance of strengthening region’s own-source revenue, improving region’s spending efficiency, and enhancing the quality of capital expenditures to spur sustainable regional economic growth.
Re-examining infrastructure-led growth theory: The role of telecommunication on growth in Indonesia Aisyah Hashinatun Nithosyi; Mahrus Lutfi Adi Kurniawan; Jihad Lukis Panjawa
Eko-Regional: Jurnal Pembangunan Ekonomi Wilayah Vol 21 No 1 (2026): March 2026
Publisher : Faculty of Economics and Business Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/er.v21i1.19128

Abstract

This study re-examines the infrastructure-based growth theory by assessing the contribution of telecommunications to regional economic growth in Indonesia. Panel data from 34 provinces during the period 2018–2022 were analyzed using panel data regression; Chow and Hausman tests selected the fixed effects model. The dependent variable is the log of gross regional domestic product, while the independent variables include foreign direct investment, gross fixed capital formation, labor force, number of base transceiver stations, and telecommunications network performance. The results show that base transceiver stations, telecommunications network performance, and gross fixed capital formation have a positive and significant effect, while foreign direct investment has a negative effect and labor force is insignificant. These findings confirm the importance of digital infrastructure in increasing productivity and market integration, but at the same time highlight the connectivity gap between provinces. Policies need to prioritize improving network quality and equitable development of telecommunications infrastructure in disadvantaged areas.

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