cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
Deni eko saputro
Contact Email
denny9598@yahoo.co.id
Phone
-
Journal Mail Official
rokhedie@yahoo.com
Editorial Address
-
Location
Kab. sleman,
Daerah istimewa yogyakarta
INDONESIA
Economic Journal of Emerging Markets
Published by Universitas Islam Indonesia
ISSN : 20863128     EISSN : 2502180x     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
The Economic Journal of Emerging Markets (EJEM) is a peer-reviewed journal which provides a forum for scientific works pertaining to emerging market economies. Published every April and October, this journal welcomes original research papers on all aspects of economic development issues. The journal is fully open access for scholarly readers.
Arjuna Subject : -
Articles 589 Documents
 55   56   57   58   59 
Skill bias in the labour market: Evidence from Iran Mohebi, Mehdi; Komijani, Akbar
Economic Journal of Emerging Markets Volume 16 Issue 2, 2024
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol16.iss2.art4

Abstract

Purpose ― Most global economies are dealing with the issue of skill bias. In developing and underdeveloped countries, skill bias poses a problem by preventing the educated from participating in the economy's production function, especially in the long run. This paper expands on the skill-wage relationship and investigates this issue in the case of Iran from 1981 to 2021.Methods- Applying Impulse Responses from VECM and the Structural VAR model separates the relationship between skill and wage into short- and long-term effects. The structural wage model was estimated using the structural vector auto-regression model.Findings ― The results show that skill played a significant role in wage determination only for three periods in the short run, and the effect was neutral in the long run. This means that skill accumulation through advancement in graduate and postgraduate study is unlikely to increase wages in the long run.Implication ― According to the findings, skill bias implies that education attainment in the Iranian labour market can only improve wages to a minimum extent. This also proves that factors other than education determine wage growth in the economy. Originality ― The skill-wage relationship has not been a focus of studies in education outcome fields. Moreover, in the case of Iran, this investigation is novel, and there is a lack of studies on the relationship between compensation and skill.
Do governance indicators have a role in remittances-growth nexus in Egypt? Alamoudi, Abdulrhman
Economic Journal of Emerging Markets Volume 16 Issue 2, 2024
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol16.iss2.art6

Abstract

Purpose ― Drawing on annual data from 1996 to 2022, this study aims to examine the effect of Egypt’s real GDP growth. Methods ― Autoregressive Distributed Lag (ARDL) and Cointegration technique are applied by first examining the stationarity of the series by utilizing the Augmented-Dicky-Fuller (ADF) unit root test. The bound cointegration test is then implemented to evaluate the existence of cointegration among the variables. Findings ― The results indicate that the GDP growth rate has a long-run positive relationship with remittance inflows in Egypt. This paper also finds that the average governance indicators in Egypt, which include government effectiveness, political stability, control of corruption and regulatory quality, voice and accountability, and the rule of law, could help facilitate the long-run effect of remittances on GDP growth. Implication ― The findings imply that maintaining high levels of governance indicators is essential for helping Egypt benefit from remittances and enhancing its economic growth.Originality/value ― The study is a pioneer in including the average governance indicators in the remittance-growth nexus study for Egypt. Its purpose is to assess whether governance quality affects the nexus and whether there exists a threshold for the average governance indicators below which the flow of remittances does not encourage economic growth.
Indonesia’s export growth decomposition in ASEAN and ASEAN dialogue partners Setyoko, Nur Rakhman; Rokhim, Rofikoh; Rohman, Ibrahim Kholilul; Rofii, Muhammad Syaroni
Economic Journal of Emerging Markets Volume 16 Issue 2, 2024
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol16.iss2.art7

Abstract

Purpose ― This paper evaluates Indonesia's trade integration efforts and their impact on export competitiveness from 1989 to 2021. It examines the evolution of trade arrangements, starting with the ASEAN Preferential Trade Arrangement (APTA) and progressing to bilateral agreements.Methods ― Based on Leamer and Stern, the Constant Market Share Analysis (CMSA) measures Indonesia’s export competitiveness over the years.Findings ― The results indicate no significant improvement in competitiveness during the analysis period, with export growth primarily driven by the effect of world growth. Although competitiveness did not shift markedly over time, it remained positive overall, suggesting a buffer effect during economic crises.Implications ― The paper suggests Indonesia should pursue deeper trade integration and unilateral economic reforms. Drawing on Korea’s experience, combining export promotion policies with trade agreements could enhance market access and foster internal competitiveness.Originality ― This study provides long-term insights into Indonesia’s export competitiveness amidst global trade integration efforts and offers policy recommendations based on the success of Korea’s trade reforms.
Impact of greenhouse gas emission, renewable energy, and economic growth on health expenditure in Southeast Asia: A comparative analysis of econometric models Sangco, Resa Mae R.
Economic Journal of Emerging Markets Volume 16 Issue 2, 2024
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol16.iss2.art8

Abstract

Purpose — The study explores the effects of greenhouse gas emissions, renewable energy, and economic growth on health expenditures across Southeast Asia while comparing the performance of different econometric models for accuracy in analysis.Method — To analyze the relationships among variables, the study employs three econometric models, the Autoregressive Distributed Lag Model, the co-integration Model, and the Quantile Regression Model, using annual data from 2000 to 2020.Findings — The results reveal that greenhouse gas emissions and GDP significantly influence health expenditure in all three models. However, the significance of renewable energy consumption varies, with only the quantile regression model indicating a significant relationship with health expenditure. Model comparison based on Mean Squared Error (MSE) suggests that the autoregressive distributed lag (ARDL) model provides the most accurate predictions. Also, it found that there is a short-run and long-run causal effect of GHG and GDP on health expenditure, as well as health spending on GDP.Implication — This study helps to understand how economic growth, environmental factors, and healthcare spending interact to develop sustainable policies to address health and environmental problems in Southeast Asia.Originality — This research contributes to the body of knowledge examining the impact of economic and environmental factors on health expenditures in Southeast Asia through a comparative analysis of different econometric models.
Is the Romer Hypothesis valid for Newly Industrialized Countries? Evidence from panel ARDL Çelik, Hüseyin; Alev, Nigar; Erdemli, Muhyettin
Economic Journal of Emerging Markets Volume 16 Issue 2, 2024
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol16.iss2.art3

Abstract

Purpose ― This study investigates the effect of trade openness on inflation, referred to as the Romer hypothesis, for Newly Industrialized Countries (NICs) from 1990 to 2022.Methods ― It uses a panel ARDL method and the Dumitrescu-Hurlin (2012) causality test. Economic growth, credit, and money supply are included in the model as independent variables. Findings ― The findings reveal no statistically significant long-term and short-term relationships between trade openness and inflation. However, money supply has statistically significant positive effects on inflation in the long run, while economic growth and credit exhibit no statistically significant impact. In the short run, money supply and economic growth reduced inflation. According to the Dumitrescu-Hurlin (2012) panel causality test, a bidirectional relationship exists between inflation and economic growth, money supply, and credit, while a unidirectional relationship is observed between inflation and trade openness. Implications ― Reducing the external dependency of sectors that rely on imported inputs is necessary to mitigate the adverse effects of trade openness on inflation in NICs. It is crucial to ensure that monetary policy helps align money supply and credit expansions with real sector trends.Originality ― This research is pioneering in its focus on testing the Romer hypothesis for Newly Industrialized Countries (NICs).
The role of foreign reserves in inflation dynamics Kuncoro, Haryo
Economic Journal of Emerging Markets Volume 16 Issue 1, 2024
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol16.iss1.art1

Abstract

Purpose – Central banks’ foreign reserve stocks in emerging markets have increased substantially in recent decades. Foreign reserves accumulation has been widely believed as a shock absorber to prevent financial crises. Meanwhile, accelerating foreign reserves might be contradictory to the monetary policy objectives. This research aims to investigate the impact of foreign reserves on the inflation dynamics.Method – We apply the inflation-expectation augmented Phillips curve on the monthly data over the period of 2005(7) to 2020(12) in the case of Indonesia. Findings – We show that stockpiling foreign exchange reserves indeed has an inflationary pressure impact. The central bank's intervention in the foreign exchange market is more significant in selling rather than purchasing foreign exchange. However, the non-monetary factors also play an important role in determining inflation. Implications – Considering channels through which foreign reserves might affect inflation, our findings suggest the monetary authority should be concerned with inflationary expectations in the short term as one of the major policy-driven goals to maintain price stability in the long run.Originality – This paper contributes to the literature on monetary policy in developing countries. Unlike other empirical studies, this research employs the inflation-expectation augmented Phillips curve and accommodates the issue of asymmetric effects of the change in foreign reserves.
Investigating the factors affecting the PISA-based test performance of Asian students Çağlayan Akay, Ebru; Oskonbaeva, Zamira
Economic Journal of Emerging Markets Volume 16 Issue 1, 2024
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol16.iss1.art4

Abstract

Purpose ― This study investigates the factors affecting the learning outcomes of Asian students. Methods ─ The effects of both educational inputs and economic and socioeconomic variables on the PISA scores of 10 Asian countries (Hong Kong, Indonesia, Japan, Singapore, Macau, Korea, Turkey, Israel, Qatar, and Thailand) for the years 2006, 2009, 2012 and 2015 were examined using unbalanced panel data. Findings ─ The results show that country-level economic factors strongly affect academic achievement. Furthermore, country-level economic factors dominate the other explanatory factors in the numerical and statistical sense. Implication ─ The findings provide valuable information for educators, policymakers, and researchers aiming to develop efficient educational strategies to improve educational quality. Furthermore, the results offer policy suggestions for addressing factors that impact the quality of education both at the national and international levels.Originality ─ This research enhances the current body of knowledge by investigating how economic and socioeconomic variables affect students' math, science, and reading performance, particularly emphasizing Asian countries.
How do economic growth, trade openness, and non-renewable and renewable energy affect environmental quality in VISTA Countries? Bayar, İlyas; Dabakoglu, Mehmet
Economic Journal of Emerging Markets Volume 16 Issue 1, 2024
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol16.iss1.art6

Abstract

Purpose ─ This study examines the effects of economic growth, the use of renewable and non-renewable energy sources, and trade openness on carbon emissions in VISTA countries (Vietnam, Indonesia, South Africa, Turkiye, and Argentina)Method ─ In this work, empirical methods include the second-generation unit root and cointegration tests, as well as Panel AMG and Panel CCE estimators.Findings ─ The following are the key findings. First, the variables demonstrate a long-run relationship. Second, economic growth and the consumption of non-renewable energy sources contribute to an increase in carbon emissions over time, whereas the consumption of renewable energy sources lowers carbon emissions over time. Implication ─ To promote sustainable growth in VISTA countries, it is recommended to increase investments in renewable energy sources while enhanching public sector supports for the private sector.Originality ─ This is the first study to examine how economic growth, trade openness, and renewable and non-renewable energy sources affect carbon emissions in VISTA nations.
The determinants of private investment: Evidence from South Africa Maluleke, Glenda
Economic Journal of Emerging Markets Volume 16 Issue 1, 2024
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol16.iss1.art8

Abstract

Purpose ─ This paper examines the determinants of private investment. The result can help the government determine which investment drivers to consider when formulating policies to stimulate private investment.Methods ─ It uses a Nonlinear Autoregressive Distributed Lag (NARDL) estimation approach with time series data from 1965 to 2022. Findings ─ The results indicate that positive shocks in economic growth lead to an increase in private investment over the long term. Conversely, both positive and negative shocks in inflation are found to positively impact private investment in the long run. Additionally, domestic credit to the private sector has a negative impact in both the short and long term. Implications ─ The government should develop policies designed to create an environment conducive to private investment. These policies should focus on ensuring easy access to finance, enhancing the openness of the economy, and maintaining a low and stable inflation rate.Originality ─ Few studies have fully explored the important drivers of private investment, especially in South Africa. Moreover, the studies conducted in South Africa have used other cointegration techniques, which are relatively weak compared to the NARDL used in the current study.
Impact of public sector governance and human capital development on Myanmar's economic growth Asada, Hidekatsu
Economic Journal of Emerging Markets Volume 16 Issue 1, 2024
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol16.iss1.art3

Abstract

Purpose ─ This research examines the effects of Myanmar's domestic economic reform measures on its economic growth, highlighting the impact of public sector governance and human capital development. Methods ─ The Toda-Yamamoto test on Granger causality and the vector error correction model are employed to examine the impact of Myanmar's domestic economic reform measures on its economic growth.Finding ─ The results reveal that unidirectional causality existed, from public sector governance to economic growth and human capital development to economic growth. The vector error correction model revealed that public sector governance and human capital development had a long-term and positive relationship with economic growth from 2001 to 2019.Implication ─ The study confirms that Myanmar's domestic economic reform measures contributed to its economic growth from 2001- 2019. These findings underpin the importance of continuing domestic economic reform, such as public sector governance and promoting human capital development, to achieve economic growth in the long run. Originality ─ This paper contributes to existing literature by shedding light on the impact of public sector governance, human capital development, and public sector governance on Myanmar's economic growth.

Page 57 of 59 | Total Record : 589

 55   56   57   58   59 

Filter by Year

1993 2025


Reset
Filter By Issues
All Issue Volume 17 Issue 2, 2025 Volume 17 Issue 1, 2025 Volume 16 Issue 2, 2024 Volume 16 Issue 1, 2024 Volume 15 Issue 2, 2023 Volume 15 Issue 1, 2023 Volume 14 Issue 2, 2022 Volume 14 Issue 1, 2022 Volume 13 Issue 2, 2021 Volume 13 Issue 1, 2021 Volume 12 Issue 2, 2020 Volume 12 Issue 1, 2020 Volume 11 Issue 2, 2019 Volume 11 Issue 1, 2019 Volume 10 Issue 2, 2018 Volume 10 Issue 1, 2018 Volume 9 Issue 2, 2017 Volume 9 Issue 1, 2017 Volume 8 Issue 2, 2016 Volume 8 Issue 1, 2016 Volume 7 Issue 2, 2015 Volume 7 Issue 1, 2015 Volume 6 Issue 2, 2014 Volume 6 Issue 1, 2014 Volume 5 Issue 2, 2013 Volume 5 Issue 1, 2013 Volume 4 Issue 2, 2012 Volume 4 Issue 1, 2012 Volume 3 Issue 3, 2011 Volume 3 Issue 2, 2011 Volume 3 Issue 1, 2011 Volume 2 Issue 3, 2010 Volume 2 Issue 2, 2010 Volume 2 Issue 1, 2010 Volume 1 Issue 3, 2009 Volume 1 Issue 2, 2009 Volume 1 Issue 1, 2009 Volume 13 Issue 3, 2008: Indonesian Version Volume 13 Issue 2, 2008: Indonesian Version Volume 13 Issue 2, 2008: English Version Volume 13 Issue 1, 2008: Indonesian Version Volume 13 Issue 1, 2008: English Version Volume 12 Issue 3, 2007 Volume 12 Issue 2, 2007 Volume 12 Issue 1, 2007 Volume 11 Issue 3, 2006 Volume 11 Issue 2, 2006 Volume 11 Issue 1, 2006 Vol. 10 No. 3 (2005) Vol. 10 No. 2 (2005) Vol. 10 No. 1 (2005) Vol. 9 No. 2 (2004) Vol. 9 No. 1 (2004) Vol. 8 No. 2 (2003) Vol. 8 No. 1 (2003) Vol. 7 No. 2 (2002) Vol. 7 No. 1 (2002) Vol 6, No 2 (2001) Vol 6, No 1 (2001) Vol 5, No 2 (2000) Vol 5, No 1 (2000) Vol 4, No 2 (1999) Vol 4, No 1 (1999) Vol 3, No 1 (1998) Vol. 2 No. 3 (1997) Vol. 2 No. 2 (1997) Vol. 2 No. 1 (1997) Volume 8, 1996 Volume 7, 1996 Volume 6, 1995 Volume 5, 1995 Volume 4, 1994 Volume 3, 1994 Volume 2, 1994 Volume 1, 1993 More Issue