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Jurnal Ekonomi & Studi Pembangunan
Published by Universitas Muhammadiyah Yogyakarta
ISSN : 14119900     EISSN : 25415506     DOI : https://doi.org/10.18196/jesp
Core Subject : Economy,
Economics, Econometrics & Finance
Jurnal Ekonomi & Studi Pembangunan (JESP) focuses on research papers relating to development economics and multidisciplinary concern to systemic problems in developing countries particularly using quantitative or theoretical work in which novelty is essential. JESP does not publish manuscripts in critical review and book review. Nevertheless, we accept in-depth studies of specific cases, events, or regions that are likely to bring more benefits on developing economics.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 15 Documents
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Search results for , issue "Vol 25, No 1: April 2024" : 15 Documents clear
Dynamic panel data modeling of Indonesia’s poverty level 2013-2022 Samiani, Siti; Endang, Endang; Susilo, Joko Hadi; Astuti, Hartiningsih
Jurnal Ekonomi & Studi Pembangunan Vol 25, No 1: April 2024
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v25i1.21079

Abstract

Poverty in Indonesia is a problem that needs special attention by the government. Poverty is due to the high level of inequality, unequal distribution of income, and the number of poor people, which continue to increase. Therefore, it can affect society’s economy. This research aims to identify incongruities between endogenous and exogenous variables that influence poverty levels in Indonesia. By applying a descriptive quantitative analysis approach for 2013-2022 in the form of secondary data from the Indonesian Central Statistics Agency, the research model uses dynamic panel data regression analysis based on the Generalized Method Of Moment method (GMM). The method was developed by Arellano-Bond, of which the two best models are First-Difference GMM and System GMM, which create an impartial, consistent, and efficient model for determining short-term ang long-term effects. The research results show that HDI has a significant negative impact on short-term and long-term relationships with poverty levels, resulting in low human resources. Exports have a significant negative impact on poverty levels in the short and long term. This means that if exports increase, poverty levels can be reduced. Imports have a significant positive impact on short-term and long-term with poverty levels. In import activities, the higher the price increases, the more people's purchasing power decreases. The results are declared to have a significant effect because the p-value is significance of level 5% or 0.05. It is expected that the research will become reference material for macroeconomic development and further research regarding poverty alleviation.
Increasing informal sector business, does the impact of regulatory barriers? evidence from the enterprises survey Nofranita, Willy; Husna, Resti Fitratul; Sismen, Andres
Jurnal Ekonomi & Studi Pembangunan Vol 25, No 1: April 2024
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v25i1.22217

Abstract

This study uses survey data from the 2015 World Bank Enterprises Survey of firms operating in 9 provinces in Indonesia. Barriers to doing business in Indonesia for companies are calculated and ranked, and then qualitative methods are used to complete the discussion. This study aims to provide an overview and basis for these constraints so that the central and regional governments can collaborate in making policies that can support the progress of the business world through identification and mapping out barriers to doing business in Indonesia. The aid results show that the main obstacles to doing business in Indonesia in 2015 were the practices of competitors from the informal sector, political instability, and tax rates. The results of this study indicate that since starting a business in Indonesia, firms have been faced with difficulties in obtaining permits that are not in accordance with applicable regulations. For instance, data processing results show that of the firms that apply for business licenses in Indonesia, only 51.41% obtain operating license issuance services following regulations.
The impact of typology capital on community empowerment programs: evidence from rural development in Indonesia Sarjiyanto, Sarjiyanto; Mulki, Yoganingtisas Aulia; Istiqomah, Nurul
Jurnal Ekonomi & Studi Pembangunan Vol 25, No 1: April 2024
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v25i1.20083

Abstract

The transition from the ancient paradigm, where communities were only seen as objects of development, to a new approach that emphasizes community involvement and collaboration with local institutions highlights the importance of empowerment and enriching the quality of communities. This evolution towards community empowerment is paramount for positive societal development in Indonesia, necessitating active participation from the community to attain the desired objectives. This study endeavors to ascertain the correlation between working capital, social capital, and psychological capital in community empowerment programs, as well as to discern which capital plays a more substantial role in empowering the community in Karangasem village. Utilizing a quantitative method, data was collected through questionnaires from 255 community beneficiaries of the empowerment program in Karangasem Village, Sukoharjo, Central Java, Indonesia. Structural Equation Modelling (SEM) was employed for analysis. The research indicates that various forms of working, social, and psychological capital significantly influence community empowerment programs. Working capital emerges as the most influential, with a noteworthy 78% significance, indicating its pivotal role in program implementation. Effective management and allocation of funds are imperative for capital utilization. Social capital, particularly networks, is vital in fostering community empowerment by enhancing internal and external connections. Psychological capital, characterized by optimism, fuels community engagement and commitment to empowerment initiatives, underscoring the importance of internal motivation in program success. These findings may serve as a basis for governmental and empowerment program managers to formulate policies to enhance community welfare.
An examining factors influencing international export and import relationships in context of Vietnam’s free trade agreements Ha, Le Thi Thanh; Wong, Wing-Keung; Hariyadi, Eko
Jurnal Ekonomi & Studi Pembangunan Vol 25, No 1: April 2024
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v25i1.22152

Abstract

Vietnam's trade balance was positive with the United States, the Netherlands, Hong Kong, the United Kingdom, the United Arab Emirates, and Austria. However, it was negative in several countries, including South Korea, China, Taiwan, Thailand, Singapore, and Argentina. This paper aims to investigate the asymmetric effects of several macroeconomic factors on Vietnam's trade balance in the post-global financial crisis era. This paper aims to capture better the nuanced effects of free trade agreements on Vietnam's trade balance. Using regression methods like Pooled OLS, Random Effect Model, Fixed Effect Model, and Hausman Taylor, it analyzes factors affecting bilateral trade with Comprehensive Economic Partnership for East Asia nations. These factors include gross domestic product (GDP), population, distance, exchange rates, national borders, and Free Trade Agreements. Findings suggest that GDP, population, and exchange rates significantly influence Vietnam's trade relationships, but free trade agreements have not yielded the expected results. This study's novelty lies in its exploration of comprehensive regression analysis, offering valuable insights into Vietnam's trade dynamics.
The impact of gross domestic product, exchange rates and ACFTA implementation on Indonesia’s trade intensity index Wardani, Dyah Titis Kusuma; Huda, Adinda Salshabilla Zhauza; Darsono, Susilo Nur Aji Cokro; Duasa, Jarita
Jurnal Ekonomi & Studi Pembangunan Vol 25, No 1: April 2024
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v25i1.22191

Abstract

The ASEAN-China Free Trade Area (ACFTA) represents a critical agreement between ASEAN member countries and China, aimed at fostering economic integration by eliminating or reducing trade barriers, enhancing service market access, refining investment regulations, and bolstering economic cooperation. This framework is designed to strengthen economic ties and enhance welfare across the involved nations. This study evaluates the impact of the ACFTA on trade dynamics by analyzing the Trade Intensity Index (TII), GDP, exchange rates, and a dummy variable representing the ACFTA's implementation. Utilizing annual data from 2001 to 2021, sourced from the UN-Comtrade Database and the World Bank, the research employs the Ordinary Least Squares (OLS) method to provide insights into the trade relationships under the ACFTA framework. The findings indicate a divergent impact, while Indonesia experiences a negative and significant influence from GDP, exchange rates, and ACFTA implementation, the ASEAN-6 countries display a positive and significant effect. Moreover, the study reveals that Indonesia's Trade Intensity Index with other ACFTA members is comparatively lower than Malaysia’s. This suggests a need for targeted trade policies in Indonesia aimed at amplifying export volumes in sectors where it holds a comparative advantage. Such strategies could significantly enhance Indonesia's trade intensity within the ACFTA, fostering greater economic integration and benefits under this expansive regional trade agreement.
Who emits more emission? the association between CO2 emissions and socio-economics characteristics of Indonesian household Alyasa, Faisal Madjid; Komarulzaman, Ahmad; Isjwara, Harlan Dimas
Jurnal Ekonomi & Studi Pembangunan Vol 25, No 1: April 2024
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v25i1.20326

Abstract

Much research has been done on identifying socio-economic household links in developed countries. However, the study of household carbon emission (HCE) levels and related variables still needs to be examined, especially in developing countries. The study uses an ordinary least squares model to pinpoint the socio-economic elements that affect a household's carbon emission levels. SUSENAS (National Socio-economic Survey) data from March 2019 and 2021, covering 655,694 households, were used. This study used ordinary least squares (OLS) for the regression and dominance analyses (DA) to determine the most crucial factors affecting the HCE. The household characteristics, individuals, and residential conditions are used to measure socio-economic situations. The DA analysis shows that income and household size are the most crucial determinants of HCE. The OLS analysis reveals that the income variable exhibits a non-linear relationship with HCE as an inverted U-shape in the total HCE and most consumption categories. Wealthier households generate higher levels of household carbon emissions than poorer households. The variable of household size demonstrates a positive relationship with the HCE. The composition of household members also significantly affects household carbon emission levels, where the presence of working members and toddlers tends to increase household carbon emissions. The research also finds differences in consumption patterns between urban and rural households, resulting in varying levels of carbon emissions. The findings of this study can assist policymakers in formulating targeted policies to reduce household carbon emissions.
The effect of external debt, foreign investment and exports on economic growth in 16 Asian countries Syaparuddin, Syaparuddin; Pratama, Hajri Puja; Katamso, Katamso; Zevaya, Faradina
Jurnal Ekonomi & Studi Pembangunan Vol 25, No 1: April 2024
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v25i1.18407

Abstract

This research aimed at analyzing the effect of economic growth lag, external debt, foreign investment and exports on economic growth in 16 Asian countries. The research used time series data from 2010-2020, and a sectional series in 16 Asian countries. The tool of analysis which was used in this research is Dynamic panel data regression. The result shows that the model of the system generalized method of the moment is the best model, the based on the result of analysis shows that economic growth lag has a positive significant influence, and in the short and long term the external debt has a negative significant influences, exports has positive significant influences on economic growth, while foreign investment does not have a significant influence towards economic growth.
The effect of exchange rate, inflation, interest rate and import on exports in ASEAN countries Yuliadi, Imamudin; Sari, Noni Pradika; Setiawati, Sri Ani Puji; Ismail, Syadan Hussein
Jurnal Ekonomi & Studi Pembangunan Vol 25, No 1: April 2024
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v25i1.20921

Abstract

Export is one sector of the economy with a major role through market expansion between several countries, where it can carry out an expansion in an industry, thereby encouraging other industries and further encouraging other sectors of the economy. This study aims to analyze the effect of exchange rates, inflation, interest rates, and imports on exports in ASEAN countries. The data used in this study were annual data for the 2015-2019 period sourced from the World Bank. This research model employed a panel data method with a fixed-effect model, combining time series and cross section data with the help of EViews 7. The results revealed that exchange rates and imports had a positive and significant effect on exports. In addition, inflation and interest rates had a positive and insignificant effect on exports. Therefore, the governments of the ASEAN countries must monitor the stability of exchange rates, inflation, interest rates, and imports to increase exports from year to year so that the economy in ASEAN countries remains stable.
Inclusive economic growth and fiscal intervention: could it reduce poverty, inequality, and unemployment in East Java? Purwanti, Dyah
Jurnal Ekonomi & Studi Pembangunan Vol 25, No 1: April 2024
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v25i1.21694

Abstract

Before the COVID-19 pandemic, East Java Province (then abbreviated to East Java) made remarkable achievements in economic growth accompanied by a continuing downward trend in poverty. Then, after the COVID-19 pandemic broke out in 2020, it had a detrimental impact in terms of health, economics and social aspects. Specifically for East Java, the outbreak caused a severe contraction in the economy and significantly increased the number of local unemployed. However, long before COVID-19, East Java was facing wide inequality. Based on these problems, this study evaluates whether inclusive growth and local government fiscal intervention are solutions. These two factors have been recommended by economist as an effective strategies for reducing the triple problem in East Java. Fiscal intervention is interpreted as expenditure policies in economic, education, and health functions. Using panel data regression during 2015-2021, the study documents that economic growth in East Java still needs to be fully inclusive. This is based on the finding that inclusive economic growth does not simultaneously reduce triple problems (poverty, inequality and unemployment). Inclusive growth reduces poverty in East Java, but it has the opposite effect on unemployment and inequality. On the one hand, positive findings are documented in which fiscal intervention in education spending plays a significant role in reducing poverty. Unfortunately, this study failed to find the determining factors that provide a solution to inequality and unemployment in East Java. These evidences certainly have implications for reviewing the quality of inclusive growth and local government expenditure policies.
The GRDP per capita, human development index, open unemployment rate, regional expenditure, and poverty in East Java Province Falah, Meilita Arini; Rahmawati, Farida
Jurnal Ekonomi & Studi Pembangunan Vol 25, No 1: April 2024
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v25i1.21327

Abstract

Poverty is one of the goals of Indonesia's development program, as stated in the first point of the Sustainable Development Goals (SDGs). East Java Province has one of the largest poor populations in Indonesia, making poverty reduction a major component of improving people's welfare. This study aims to ascertain the effect of GRDP per capita, Human Development Index (HDI), Open Unemployment Rate, and regional expenditure in East Java Province from 2012 to 2022. The findings are expected to be a reference or policy-making decision in poverty alleviation efforts. This study makes use of panel data from East Java Province's 38 districts and cities from 2012 to 2022. Quantitative analysis method is utilized with an error correction model (ECM) regression analysis technique. The results showed that GRDP per capita, HDI, unemployment, and regional expenditure simultaneously affect poverty in East Java Province. Partially, GRDP per capita and HDI have a negative effect on poverty both in the long and short-term. In the long term, unemployment has a positive effect on poverty, but shows no effect in the short term . Meanwhile, regional expenditure has no effect on poverty, either in the long or short term in East Java Province. Reducing poverty can be achieved by increasing economic output to increase per capita income, improving the quality of human resources through investment in education and health, providing broad employment opportunities to reduce unemployment, and increasing the allocation of regional expenditure and allocation of regional expenditure with the right target.

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