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Contact Name
Inayati Nuraini Dwiputri
Contact Email
inayati.dwiputri.fe@um.ac.id
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jesp.journal@um.ac.id
Editorial Address
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
Location
Kota malang,
Jawa timur
INDONESIA
Jurnal Ekonomi dan Studi Pembangunan (JESP)
ISSN : 25027115     EISSN : 20861575     DOI : 10.17977
Core Subject : Economy,
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.
Articles 129 Documents
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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Abstract

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
Testing Weak Form Market Efficiency and its Impact on Stock Valuation: Empirical Evidence from Stock Market in Bangladesh Riyashad Ahmed; Delowar Hossain
Jurnal Ekonomi dan Studi Pembangunan Vol 11, No 1 (2019)
Publisher : Universitas Negeri Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17977/um002v11i12019p001

Abstract

The empirical study focus on the stock valuation with considering weak form efficiency where the objective is to find out the Bangladesh stock market is efficiency or not by testing the weak form efficiency. Here Daily trading price is used from 2011 to 2017 conceding daily index of Dhaka stock exchange and 38th leading company are considered to know the intrinsic price in the market. The CAPM model is used to find out the intrinsic value. we can reach a  result that if the market price of considering firm and intrinsic value is equal the market is efficient that means we a from efficient as only historical information  is reflected on the companies. We get the result that the Dhaka stock market is not efficient as the market price and intrinsic value is not equal. The arbitrage profit is possible. Keywords: Efficiency Market; Weak Form efficiency; Intrinsic Value; Undervalued and Overvalued.JEL Classification: G10, G11, G14
The Labor Force Absorption Improvement of Micro and Small Enterprises (MSEs) in Indonesia Eka Miftakhul Jannah; Aditya Arief Rachmadhan; Meidaliyantisyah Meidaliyantisyah; Jekvy Hendra
Jurnal Ekonomi dan Studi Pembangunan Vol 13, No 1 (2021)
Publisher : Universitas Negeri Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17977/um002v13i12021p072

Abstract

The aims to determine steps to increase the labor force absorption of the Micro and Small Enterprises (MSEs) sector. This research using the structural equation model partial least square (SEM-PLS) method with cross-section secondary data within provinces (34 provinces) from the 2016 Economic Census (2017 census). The analysis results showed that the labor force absorption of MSEs in Indonesia was directly and positively affected by the number of MSEs and the income of MSEs. The number of MSEs in Indonesia was positively affected by the education level of MSEs owners. Meanwhile, the income of MSEs was positively affected by the use of the internet (digital technology) of MSEs. The education level of MSE owners was the only factor that had an indirect positive effect on the labor force absorption of MSEs. Increasing the labor force absorption of MSEs in Indonesia can be promoted by strengthening the entrepreneurship curriculum to foster an entrepreneurial spirit in students, especially at the higher education level, to grow the startup businesses. In addition, digital marketing partnerships with various  e-commerce platforms providing marketplaces and online courier service platforms to increase MSEs income are encouraged. Keywords: Entrepreneurship Education, Startup Business, MarketplaceJEL Classification: J23, M20, O17
Intergovernmental Transfers Reduction Policy and Flypaper Effect: Case of Covid-19 Pandemic in Indonesia Sherlita Nurosidah; Mohamad Khusaini; Ferry Prasetyia
Jurnal Ekonomi dan Studi Pembangunan Vol 15, No 1 (2023)
Publisher : Universitas Negeri Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17977/um002v15i12023p001

Abstract

This study empirically examines the influence of intergovernmental transfers and the fall of it to local government’s expenditure in Indonesia as well as the possibility of flypaper effect occurrence over pandemic. Over the years, in general, intergovernmental transfers in Indonesia was increasing since decentralization was applied in 2000 till the pandemic hit the country which made the regulator for the first time in 20 years decided to cut overall transfers for municipalities in order to recover economically. A set of cross-section data used in this study is the year 2020 from 34 provinces, 417 regencies, dan 91 cities. The result of pooled OLS regression model shows that flypaper effect does appear for all types of expenditures, such as total expenditure, capital expenditure, and operational expenditure of the local government. Asymmetric response of those three are quite varied. Total expenditure shows asymmetry whereas capital and operational expenditures find the opposite. 
Indonesian Government In The Development Of The Global Electric Vehicle Industry Through Investment And Nickel Downstream Annisa Millania Wildhani; Dyah Mutiarin
Jurnal Ekonomi dan Studi Pembangunan Vol 16, No 2 (2024)
Publisher : Universitas Negeri Malang

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Abstract

This study aims to analyze the role of the Indonesian government in developing the global electric vehicle industry through the potential of nickel. This research focuses on investment and downstream case studies in Indonesia. The aim is to evaluate the strategic steps taken by the government in attracting investors and encouraging downstream activities for Indonesia's nickel potential in supporting economic growth. This research was conducted using qualitative research methods by presenting findings through online media, this research data comes from online news media. This data was obtained using the Ncapture feature on Nvivo 12 Plus. The results of the study show that the role and strategic steps taken by the Indonesian government in nickel downstream and investment in Indonesia are largest in downstream by 40.74%, secondly in export bans by 24.07%, thirdly in nickel smelter investment by 18.52% and finally, the development of the battery and electric vehicle industry at 16.67 and the results of wordcloud analysis show that the most popular words on the issue of nickel potential development are downstream export bans, electric smelters, and also electric vehicles
Exploring Growth Effects of Industrial Unrest in Nigeria Solomon O Osazuwa; Richardson Kojo Edeme
Jurnal Ekonomi dan Studi Pembangunan Vol 10, No 2 (2018)
Publisher : Universitas Negeri Malang

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Abstract

This study empirically explores growth effects of industrial unrest in Nigeria using both aggregated and disaggregated approach. The estimated results for the aggregate economy reveal that strikes and lock-outs negatively affect the economy. On the education sector, the results show that on the average, increasing the days of strike by an additional day reduces output from the education sector. The estimated coefficients for the health sector also shows that man day lost due to industrial unrest negatively affect, albeit marginally, the growth of the sector. For the mining sector, the results reveal that none of the measure of industrial unrest is statistically significant. The estimates for the construction sector reveal that every additional strike or lock-out experienced reduces the sector’s output. As further revealed by the results, increasing the number of workers on strike in the agricultural sector reduces the sector’s output. Overall, industrial unrest reduced output by 8.3 per cent which dampened economic growth by 0.6 percent. Since empirical evidence from this study reveal that strikes and lock-outs affects different sectors of the economy differently, government and relevant stakeholders should develop sector-specific approaches in addressing and managing the issues of industrial unrest in the economy. Keywords: Economic growth, industrial unrest, workers on strikeJEL Classification: J51, O11
Environmental Degradation and Economic Growth in African Low-Income Economies Kehinde Kabir Agbatogun; Adenuga Fabian Adekoya; Adekunle Ademayowa Adebayo; Mabayoje Albert Sennuga; Adeniyi Marcus Oresanwo
Jurnal Ekonomi dan Studi Pembangunan Vol 17, No 2 (2025)
Publisher : Universitas Negeri Malang

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Abstract

The study investigated the validity of the environmental Kuznets curve hypothesis regarding the relationship between economic growth and environmental sustainability in low-income African economies, emphasising the impact of financial system development on the pace of urbanisation, utilising data from the World Development Indicators, and employing panel ARDL-AMG techniques. The unit root tests indicate that the variables have a different order of integration. The cross-sectional dependency test, on the other hand, confirmed that the sections are dependent on each other across time. The cointegration test showed a long-term relationship across the whole model. This proved that the second-generation panel unit root test worked, which in turn confirmed what the first-generation test had found. After using the AMG method with a mixed integration order and taking into account the cross-sectional dependence issue, the results indicated that the environmental Kuznets curve was supported by the significant positive and negative GDP per capita and GDP per capita squared coefficients. This evidence points to a nonlinear, inverted U-shaped relationship between economic growth and environmental sustainability. In low-income African economies, urbanisation and financial development have the least positive and negative effects, respectively.
The Political Economy of Financial Reforms in Cameroon Neba Cletus Yah
Jurnal Ekonomi dan Studi Pembangunan Vol 12, No 2 (2020)
Publisher : Universitas Negeri Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17977/um002v12i22020p127

Abstract

The aim of this study is to analyse the factors that influence the adoption of financial sector reforms in Cameroon. The Abiad et al. (2008) technique is used to construct a financial reform index for Cameroon and the ordered logit model employed to identify its drivers for the period 1973-2017. The results show that financial reforms in Cameroon follow a progressive and constant pace and stands at the level of 88% in relative terms in 2017. The process of financial reforms is driven by the level of financial development, institutional quality, trade openness and economic crisis.
The Impact of Macroeconomic Effect and Fiscal Policy on Poverty in Indonesia Hadi Sumarsono; Ermita Yusida; Suhaili Alma’amun
Jurnal Ekonomi dan Studi Pembangunan Vol 14, No 2 (2022)
Publisher : Universitas Negeri Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17977/um002v14i22022p230

Abstract

Poverty is a problem that must be overcome immediately by a developing country. Therefore, various efforts were made to find factors that significantly affect poverty in order to design an alleviation strategy. This study aims to determine the impact of macroeconomic effect and fiscal policy on poverty poverty in all the Indonesian provinces from 2018 to 2020. The macroeconomic effect proxied by unemployment, Human Development Index (HDI), investment, and economic growth. Besides that, the fiscal policy proxied by social assistance. The data analysis used in this study is panel data. The time-series data used are from 2018 to 2020, and the cross-section data used is from 34 provinces in Indonesia. The model selected in this study is the Fixed Effect Model (FEM). This study found that unemployment had a significant positive effect, and HDI had a significant negative impact on poverty in Indonesia. In contrast, social assistance did not have a significant impact. Simultaneously, unemployment, HDI, and social assistance exert a significant influence.
Efficiency Level of Health Spending Governments: Evidence from North Maluku Indonesia Prince Charles Heston Runtunuwu; Mochamad Roland Perdana
Jurnal Ekonomi dan Studi Pembangunan Vol 16, No 1 (2024)
Publisher : Universitas Negeri Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17977/um002v16i12024p097

Abstract

This study aims to determine and analyze the level of technical efficiency, cost, technical systems and corrective steps that need to be taken by inefficient regions in 10 regencies/cities in North Maluku Province in 2016-2020. This research uses secondary data from 10 districts/cities in North Maluku Province. The variables used include the APBD expenditure variable according to the health function as input, the variable number of puskesmas, posyandu, medical personnel and midwives at puskesmas and government hospitals as intermediate output variables and the variable Infant Mortality Rate (IMR), Maternal Mortality Rate (AKI), Number Life Expectancy (AHH) and Human Development Index (IPM) as outcome output variables. This research method uses Data Envelopment Analysis (DEA) with the assumption of Variable Return to Scale (VRS) and is input oriented. The results obtained are an average cost technical efficiency of 0%, while the technical efficiency of the system reaches 70%, so that there are indications of inefficiency in the allocation of health sector spending and corrective measures are needed based on the potential for regional improvement which are still not efficient so that the proportion of input and output can be efficient according to the needs of each region.

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