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Editor in Chief Thomas Soseco, Universitas Negeri Malang (Scopus ID: 57194284145), Indonesia Editorial Board Dr. Inayati Nuraini Dwiputri, Universitas Negeri Malang (Scopus ID: 57213149507), Indonesia Ekaterina Meltenisova, Novosibirsk State University (Scopus ID: 56731311600), Russian Federation Etty Soesilowati, Universitas Negeri Malang (Scopus ID: 57194207100), Indonesia Prof. Imam Mukhlis, Universitas Negeri Malang (Scopus ID 57198446914), Indonesia Prof. Irwan Trinugroho, Ph.D, Universitas Sebelas Maret (Scopus ID: 56178586300), Indonesia Prof. Devanto Shasta Pratomo, Ph.D, Universitas Brawijaya (Scopus ID: 37005935600), Indonesia Febry Wijayanti, Universitas Negeri Malang (Scopus ID: 57216149842), Indonesia Yudistira Hendra Permana, Ph.D, Universitas Gadjah Mada (Scopus ID: 57194026381), Indonesia Assoc. Prof. Dr. Nasikh Nasikh, Universitas Negeri Malang (Scopus ID: 57192685029), Indonesia Bagus Shandy Narmaditya, Ph.D, (Scopus ID: 57194286237) Faculty of Economics, Universitas Negeri Malang, Indonesia Prof John Lynham, University of Hawai'i (Scopus ID: 24833243300), United States Lustina Fajar Prastiwi, Universitas Negeri Malang, Indonesia Dr. Richardson Kojo Edeme, Department of Economics, University of Nigeria (Scopus ID: 57196469833), Nigeria Assoc. Prof. Mahirah Kamaludin, Universiti Malaysia Terengganu (Scopus ID: 56102066600), Malaysia Assoc. Prof. Dr. Thanet Wattanakul, Khon Kaen University (Scopus ID: 56195492400), Thailand
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INDONESIA
Jurnal Ekonomi dan Studi Pembangunan (JESP)
Published by Universitas Negeri Malang
ISSN : 25027115     EISSN : 20861575     DOI : 10.17977
Core Subject : Economy,
Economics, Econometrics & Finance
Jurnal Ekonomi dan Studi Pembangunan focuses on scientific papers related to development economics include critical analysis of economic development issues, local economic development, community economic development, economic growth, international trade and finance, fiscal and monetary policy, welfare economy, and development policy concering the Small and Medium Entreprises. Special consideration is given to research paper that critically studies using multi perspectives such as sosio-economic, cultural-economic, political-economic, historical and geographical, and technological perspectives.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 10 Documents
 1 
Search results for , issue "Vol 17, No 1 (2025)" : 10 Documents clear
Determinants of Generation Z Working in the Formal and Informal Sectors in West Nusa Tenggara Luluk Fadliyanti; Wan Roshidah Binti Fadzim; Vici Handalusia Husni; Muhammad DzulFadlli
Jurnal Ekonomi dan Studi Pembangunan Vol 17, No 1 (2025)
Publisher : Universitas Negeri Malang

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This study aims to analyze the factors that influence Generation Z's decision to work in the formal and informal sectors in West Nusa Tenggara. This study adopts a descriptive quantitative approach. The population in this study consists of Generation Z individuals aged 15-26 years who work and have income, with a total population of 968 people. The data used in this study is secondary data from the August 2023 National Survey of the Labor Force (SAKERNAS), obtained from the Central Statistics Agency (BPS) of West Nusa Tenggara Province. The population is spread across ten districts/cities in West Nusa Tenggara Province. This study uses logit model analysis. The results showed that income and age had a negative and significant impact. In contrast, residence positively and considerably influenced the decision to work in the formal and informal sectors. Gender (female) also showed a negative and significant influence, while the duration of pre-employment education and training showed a negligible impact.
The Impact of Corruption and Fiscal Policy on Economic Growth in ASEAN Countries Rizki Apriani; Abdul Bashir; Muhammad Subardin
Jurnal Ekonomi dan Studi Pembangunan Vol 17, No 1 (2025)
Publisher : Universitas Negeri Malang

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This study investigates the impact of government spending, the interaction between corruption and fiscal levels, government debt, and foreign direct investment on economic growth in seven ASEAN countries. Using the World Development Indicators database in the form of time series from the World Bank and the Asian Development Bank for 2000-2021. The approach used is panel data regression using a fixed effect model. The findings show that government spending and foreign direct investment have positive and significant contributions to the economic growth of seven ASEAN countries. There is strong evidence that the interaction between fiscal levels and corruption can distort the fiscal policy mechanism, thereby inhibiting economic growth. Additionally, there is strong evidence that high government debt causes economic growth to contract. Policymakers must strike a compromise between promoting economic expansion through public expenditure and preserving fiscal stability through debt management. To foster an environment that is favorable to investment, efforts to combat corruption must be constantly carried out. To promote equitable and long-term growth, authorities must also concentrate on enhancing the caliber of infrastructure and human resources.
Does Gross Regional Domestic Product (GRDP) Affect Poverty in South Sulawesi? Two-Stage Least Squares (2SLS) Approach Abjinda Putra Asmara; Muh. Rasbi; Ishak Ishak; Fasiha Fasiha; Muhammad Nur Alam Muhajir; Muh. Abdi Imam
Jurnal Ekonomi dan Studi Pembangunan Vol 17, No 1 (2025)
Publisher : Universitas Negeri Malang

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This research aims to determine the simultaneous relationship between poverty and PDRB variables in South Sulawesi. This type of research is quantitative which focuses on revealing simultaneous relationships between variables. The population is Poverty and PDRB data for districts/cities in South Sulawesi Province in 2020. The sample used is a saturated sample of 24 districts/cities sourced from the central statistics agency. Next, this research data was analyzed using the Two Stage Least Square (2SLS) method. The results of this research show that the poverty variable has a significant effect on PDRB at a significance level of 5%. Meanwhile, the PDRB variable has a significant effect on poverty at a significance level of 5%. So it can be concluded that there is a simultaneous relationship between PDRB and Poverty at a significance level of 5%. Control variables namely Income, Education and Expenditure have no influence on poverty. Control variables Population, PAD and HDI have a significant influence on poverty. The suggestion in this research is that regional governments, especially the province of South Sulawesi, should pay more attention to the equal distribution of income in each region to increase PDRB and also pay attention to other factors such as population, local original income and the Human Development Index (HDI).
Determinants of Partnership in Micro and Small-scale Manufacturing Firm Janaska Nurrachmat
Jurnal Ekonomi dan Studi Pembangunan Vol 17, No 1 (2025)
Publisher : Universitas Negeri Malang

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This study aims to analyze the determinants of micro and small firms to conduct a partnership with other institutions. Using logit and probit this research estimates which factors that increase or decrease the probability of forming a partnership among micro and small firms. This study uses the data from Indonesian Statistics Bureau to obtain detailed aspects from each micro and small business, this study also attempts to link the characteristics of larger firm within the same industry group that might have influence on forming a partnership among smaller firms. The result of this study shows that factors which have strong connection with business formality increase the probability of forming a partnership with other institutions
The Role of Civic Society on e-Governance Adoption: Study on Village-owned Enterprise of Pangkah Wetan, Gresik Regency Didied Poernawan Affandy; Eko Ganis Sukoharsono; Aulia Fuad Rahman; Zaki Baridwan
Jurnal Ekonomi dan Studi Pembangunan Vol 17, No 1 (2025)
Publisher : Universitas Negeri Malang

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This paper aims to examine the role of civic society on e-governance adoption and to investigate factors that affect the performance of village-owned enterprise as well as the impact. This study is descriptive research using qualitative approach. Using in-depth interviews and direct observation to informants, the study maps some problems associated with the strategy of e-governance adoption on village-owned enterprise Pangkah Wetan.The case shows that the lack of civic society participation, which is typical across different organizations, does contribute to this problem. However, the main predicament lies with the fact that a good corporate governance principle is never explicitly prioritized in the organization’s information systems strategy. E-governance adoption should consider both technological innovation and organizational environment, including role of civic society. Neglecting one aspect poses the apparent danger that the implementation is unlikely to bring about benefit to the organization. This paper presents the case of a village-owned enterprise in adopting good corporate governance principles in developing rural economy. It is expected that this case will help substantiate an instance of good governance adoption in a village-owned enterprise and latecomer development, which might impact the operation and performance of a village-owned enterprise.
Variables Affecting Extreme Poverty of Agricultural Sector Households in Indonesia Syafira Karunia Sari; Nucke Widowati Kusumo Projo
Jurnal Ekonomi dan Studi Pembangunan Vol 17, No 1 (2025)
Publisher : Universitas Negeri Malang

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This research aims to describe the characteristics of households and the variables that influence extreme poverty in agricultural sector households in Indonesia.This research used the Socio-Economic Survey 2022 with descriptive analysis and binary logistic regression. The results show that 20.78 percent of agricultural sector households are extremely poor. The characteristics of an extremely poor household are: the average number of household members is 5-6 people, the household head is male, the household head is of productive age, lives in a rural area, the maximum education level of the household member is junior high school/equivalent, more than half of the household members have health insurance, and experience food insecurity, does not own their residence, no assets, no credit, not receivingnon-cash government assistance, receivingFamily Hope Program, the proportion of household members working is a maximum of 0.5, sanitation condition are poor, and no electricity available. Variables that influence the status of extremely poor households are the number of household members, age of household heads, classification of area of residence, food insecurity, asset ownership, credit ownership, Family Hope Program, housing ownership, proportion of household members working, sanitation condition, and availability of electricity.
The Role of Tourism Sector on Central Java Economy Sotya Fevriera; Agatta Shelly Septya Agni
Jurnal Ekonomi dan Studi Pembangunan Vol 17, No 1 (2025)
Publisher : Universitas Negeri Malang

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The purpose of this research is to analyze the effect of the tourism sector on the economy of Central Java province. The analysis method is a random effect model (REM) which is estimated using data from 35 regencies/cities in Central Java during some periods between 2001 and 2023. The result shows that the number of tourists, number of tourism objects, number of lodgings, number of restaurants, and number of workers on the tourist object, each has a positive significant effect on the real GRDP. Moreover, this research also found that there is a random effect on the regression coefficient of the number of tourists, number of tourism objects, and number of lodgings among regencies/cities in Central Java.
Three Generations Under One Roof? : A Study of Interhousehold Transfers Among Sandwich Generation in Indonesia Vianey Weda Rahesti; I Dewa Gede Karma Wisana
Jurnal Ekonomi dan Studi Pembangunan Vol 17, No 1 (2025)
Publisher : Universitas Negeri Malang

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Empirical studies show some negative effects that arise in sandwich generation households. Even the negative impact of the sandwich generation raises the behavior that they want to leave the house. However, the empirical studies only measure sandwich generation if the parents live in the households, so it is necessary to recalculate sandwich generation households in Indonesia through an interhousehold transfer mechanism. This study examines interhousehold transfer differences among sandwich-generation households between parents, siblings, and others in Indonesia. Using Indonesian Family Life Survey (IFLS) 2014, this study found that 4.539 or 28,6 percent of households are classified as the sandwich generation, both if the elderly live in the household and the elderly doesn’t live in the household. Tobit regression analysis shows that non-one-roof sandwich generation households spend an interhousehold transfer 56,4 percent higher than one-roof sandwich generation households
Bank Indonesia's Behavior in Response to The Fed’s Policy Kiky Indah Sari; Telisa Aulia Falianty
Jurnal Ekonomi dan Studi Pembangunan Vol 17, No 1 (2025)
Publisher : Universitas Negeri Malang

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Global economic instability is a challenge for the domestic economy, especially for emerging countries. A higher Federal Funds Rate for longer affects economic stability. Bank Indonesia plays a role in determining the BI rate to achieve economic goals. Indonesia as an open economy needs to consider external aspects in determining monetary policy. The Augmented Taylor Rule framework can facilitate this need to know about the determination of the BI rate. This study aims to identify the behavior of Bank Indonesia in response to the Fed's policy and the phenomenon of higher for longer. The research period was conducted from 2000Q2 - 2023Q4 using secondary data. The results of the analysis show that overall Bank Indonesia responds to an increase in the BI rate when the inflation gap increases, the output gap increases, and the rupiah depreciates. These conditions are following the Taylor Rule framework. However, in the higher for longer period there is a change in which the determination of the BI rate depends only on the output gap and the real exchange rate. The inflation gap variable has no significant effect on the determination of the BI rate. In the higher for longer period, the prioritized economic goal is a comprehensive economic recovery.  
Money Demand Stability with Endogenous Structural Breaks and the Role of Payment System Innovation in Indonesia Wishnu Badrawani
Jurnal Ekonomi dan Studi Pembangunan Vol 17, No 1 (2025)
Publisher : Universitas Negeri Malang

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This study examines the stability of the demand for money function in Indonesia using quarterly data from 2007 to 2021, employing Gregory-Hansen's (1996) cointegration test and Hendry's general-to-specific approaches. The cointegration and error correction models show a causal relationship between money demand and its conventional determinants and payment system innovation. Considering the central bank policy that part of economic reforms captured by the structural break in the cointegration test and the stability test results of the short-run analysis, we confirm the stable narrow money and currency demand and its dynamics in Indonesia.  The Gregory and Hansen test found a cointegrating relationship between money demand variables, with a structural break in 2011Q2, which refers to the central bank's new minimum reserve policy. The paper advises that the central bank should comprehensively understand how technological advancement in the payment system affects money demand and how prior central bank policy may induce a structural break to maintain the optimality of future monetary policy.

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