cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
Yuliansyah
Contact Email
admin@goodwoodpub.com
Phone
+6282171350950
Journal Mail Official
admin@goodwoodpub.com
Editorial Address
Jl. ZA. Pagar Alam No.57, Gedong Meneng, Kec. Rajabasa, Kota Bandar Lampung, Lampung
Location
Kota bandar lampung,
Lampung
INDONESIA
Studies in Economy and Public Policy
Published by Goodwood Publishing
ISSN : -     EISSN : 31107060     DOI : https://doi.org/10.35912/sepp
Core Subject : Economy,
Economics, Econometrics & Finance
Studies in Economy and Public Policy (SEPP) is a peer-reviewed academic journal dedicated to the dissemination of high-quality scholarly research addressing contemporary issues in economics and public policy. The journal provides a scientific platform for researchers, academicians, policymakers, and practitioners to exchange ideas and findings that contribute to the understanding and improvement of economic systems, governance structures, and public policy processes. SEPP publishes original research articles, review papers, and case studies that offer theoretical insights as well as empirical evidence relevant to economic analysis and policy formulation. The journal particularly encourages submissions that employ rigorous analytical frameworks and sound methodologies to examine issues such as economic development, fiscal and monetary policy, public sector governance, regional and urban economics, political economy, and policy innovation for sustainable development. By fostering interdisciplinary perspectives and evidence-based policy discussions, SEPP aims to bridge economic theory and public policy practice. The journal seeks to support informed decision-making and to contribute to the development of effective, equitable, and sustainable public policies at local, national, and global levels. SEPP is committed to maintaining high academic standards through a double-blind peer-review process and ethical publishing practices.
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 14 Documents
 1   2 
Advancing green bond pricing in India: A theory-driven framework integrating certification, disclosure and market liquidity Reddy, Karri Manikanteswara; Srinivas, Ch; Devi, P Uma Maheswari
Studies in Economy and Public Policy Vol. 2 No. 1 (2026): May
Publisher : Goodwood Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/sepp.v2i1.3692

Abstract

Purpose: This study develops a structured framework to explain how certification, disclosure, liquidity, regulatory incentives, and issuer credibility influence green bond pricing in India. It integrates theory and market evidence to clarify how these determinants shape investor behavior and pricing outcomes. Methodology: A conceptual research design is used, drawing on signalling, information asymmetry, and market microstructure theories. This study reviews international literature, SEBI and RBI regulations, and market practices to construct an integrated pricing framework and nine propositions for empirical validation. Results: The analysis shows that credible certification, strong disclosure, deeper liquidity, digital transparency tools, and supportive regulatory measures reduce information gaps, strengthen environmental credibility, and enhance pricing efficiency. These mechanisms lower yield spreads, increase investor participation, and expand financing for climate-aligned infrastructure. Conclusions: This study highlights that certification quality, disclosure practices, liquidity, regulatory support, and issuer credibility influence green bond pricing in India. Stronger reporting standards and regulatory reforms can improve transparency and investor confidence. Limitations: The framework is conceptual and requires validation using panel data on sovereign, corporate, and municipal green bonds in India. Contributions: This study introduces a unified, theory-driven pricing model tailored to India’s regulatory and institutional context and offers nine testable propositions to guide future empirical research. Novelty: This study provides one of the first integrated models linking certification, disclosure, liquidity, and regulatory incentives to pricing outcomes in India, offering a structured roadmap for empirical testing and policy design.
Fiscal burden and feasibility of minimum price support: A Scenario study Anugu, Arun Reddy; Reddy, A Amarender
Studies in Economy and Public Policy Vol. 2 No. 1 (2026): May
Publisher : Goodwood Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/sepp.v2i1.3858

Abstract

Purpose: India’s MSP–procurement–PDS system, although framed as farmer support, functions largely as a consumer subsidy. With rice and wheat sold cheaply through the PDS and global prices close to the MSP, procurement mainly ensures price assurance. Expanding assured procurement to all MSP crops raises serious concerns regarding fiscal sustainability, administrative feasibility, and market distortions. This study evaluated the fiscal implications of alternative MSP reform pathways. Methodology: Using 2024–2025 production, MSP, and wholesale price data, five scenarios were modelled: full procurement of all 23 MSP crops (upper bound); current-style procurement of 40% of paddy and wheat and 20% of others (baseline); baseline plus PDP at 10% of MSP for 20% of other crop output (partial PDP); baseline plus PDP at 20% of MSP for 40% of other output (enhanced PDP); and continued cereal procurement with universal PDP for other crops. Results: Partial procurement results in payouts of approximately ?3.7 lakh crore (USD 40.3 billion) (1.12% of GDP) while concealing large storage and inventory risks. Hybrid models provide comparable income support with lower logistical burden. Universal PDP moderately increases outlays but expands coverage and avoids procurement inefficiencies. Even a broadened PDP system would cost approximately ?1.14 lakh crore (USD 12.4 billion). Conclusions: Effective farmer price assurance does not require expanded procurement efforts. A gradual transition toward hybrid and PDP-based support can protect incomes, reduce inefficiencies, and clearly separate consumer subsidies from farmer income policy, offering a practical reform pathway for India and similar economies. Limitations: This study uses a static, single-year framework and does not capture dynamic distributional factors. Contributions: This study provides a fiscal comparison of MSP implementation pathways, introduces a hybrid procurement–PDP framework, and offers new evidence on extending income support to neglected crops and regions while minimizing fiscal expenditure.
The Role of Exchange Rates, Inflation and Oil Prices on Real GDP in Iraq: Evidence from 1990 to 2022 Mohammed, Hareth Adnan
Studies in Economy and Public Policy Vol. 2 No. 1 (2026): May
Publisher : Goodwood Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/sepp.v2i1.4154

Abstract

Purpose: This study analyzes the short- and long-run relationships among exchange rates, consumer prices, crude oil prices, and real GDP in Iraq, exploring the mediating role of oil dependence in the price–output relationship over the period 1990–2022. Research Methodology: The study employs the ARDL bounds-testing approach with data from the World Bank, IMF, and the Iraqi Ministry of Planning. Unit root tests confirm that none of the variables are integrated of order two. The bounds test shows an F-statistic of 3.724, indicating a long-run relationship. Results: The findings indicate a long-run equilibrium relationship among the variables. The error correction term is negative and statistically significant at the 1% level, with an adjustment speed of 55.8% per year. The Consumer Price Index (CPI) has a positive and significant long-term effect on real GDP, while exchange rates and oil prices exhibit negative but insignificant effects. Granger causality tests suggest strong unidirectional causality from CPI to real GDP, with weaker causality from exchange rates and oil prices. Conclusions: The study concludes that fiscal transmission plays a significant role in transmitting external price shocks to real economic activity in Iraq, emphasizing the need for monetary discipline, exchange rate management, and economic diversification. Limitations: The study is constrained by a small sample size and limited variables, potentially omitting broader economic dynamics. Contributions: This research contributes to the literature by highlighting the importance of fiscal mechanisms and oil dependence in shaping macroeconomic outcomes in oil-dependent economies like Iraq.
Analysis of the Regional Revenue and Expenditure Budget Realization Report Dalimunthe, M. Adam LL; Wiyani, Natalia Titik; Eriza, Irvia
Studies in Economy and Public Policy Vol. 2 No. 1 (2026): May
Publisher : Goodwood Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/sepp.v2i1.4171

Abstract

Purpose: This study evaluates the effectiveness of the Bogor Regency Government's regional revenue and expenditure budget realization. It aims to assess how well local governments manage their finances in terms of revenue generation and expenditure control. Research Methodology: This study employed a quantitative descriptive approach, utilizing document analysis, surveys, and observations to gather data. The analysis focuses on comparing the planned budget with actual revenue and expenditure realizations to evaluate the fiscal performance. Results: The findings indicate that while revenue performance consistently falls short of targets, it remains effective, suggesting that the government’s revenue generation efforts, although below expectations, still meet operational requirements. In contrast, expenditure performance is highly efficient, as spending consistently stays below the allocated budget, demonstrating prudent financial management. Conclusions: This study concludes that company size and sales growth do not significantly affect tax avoidance, as measured by the Effective Tax Rate (ETR) and Cash Effective Tax Rate (CETR). The findings suggest that corporate governance, management incentives, and regulatory enforcement are more influential in determining tax avoidance behavior. Limitations: This study is limited by its reliance on secondary data, which may not fully capture the complexities of the budget process, and its focus on a single region, which limits generalizability. Contributions: The findings contribute valuable insights into local government financial management, particularly in improving fiscal discipline and resource mobilization, and offer recommendations for enhancing the effectiveness of regional budgeting practices.

Page 2 of 2 | Total Record : 14

 1   2 

Filter by Year

2025 2026


Reset
Filter By Issues
All Issue Vol. 2 No. 1 (2026): May Vol. 1 No. 2 (2025): November Vol. 1 No. 1 (2025): May