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Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan
Published by Universitas Muhammadiyah Surakarta
ISSN : 14116081     EISSN : 24609331     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan is a scientific journal that contains the results of theoretical research and studies on economic and development issues. Managed by Department of Development Economics, Faculty of Economics and Business Universitas Muhammadiyah Surakarta. Published by Muhammadiyah University Press.
Arjuna Subject : -
Articles 979 Documents
 94   95   96   97   98 
CO2 Emissions and Subjective Well-Being: Empirical Evidence from The Southeast Asian Population Priyanto, Moh. Wahyudi; Wijayanti, Dian Eswin; Hilmi, Yahya Shafiyuddin
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 25, No 1 (2024): JEP 2024
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v25i1.23483

Abstract

An increasing amount of carbon dioxide (CO2) affects the planet and people. As a primary contributor to climate change, CO2 has been a subject of discussion among researchers. Many have been studying the complex relationship and impact of CO2. However, a study examining the influence of increased CO2 emissions on human subjective well-being is limited. This study aims to fill the gap by utilizing a sample of 9,724 Southeast Asians from the Seventh World Values Survey (2017-2021). Well-being is measured using a subjective approach, such as happiness and life satisfaction. The ordered probit regression analysis indicates that increased per capita CO2 emissions decrease happiness and life satisfaction. Additionally, the higher individuals' financial and health levels, the higher their relationship with their happiness and life satisfaction will be. This study encourages further research investigating a specific country's relationship between CO2 emissions and the well-being of its population.
Measuring Economic Resilience of Tourism Villages: A Spatiotemporal Analysis of Pre and Post-Covid-19 Pandemic Ariyani, Nafiah; Fauzi, Akhmad; Suherlan, Ade
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 24, No 2 (2023): JEP 2023
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v24i2.23036

Abstract

Tourist village plays an important role in rural development in Indonesia. Nevertheless, tourist village is also prone to external shocks such as national and global economic volatilities and recent public health events of the Covid-19 pandemic. This study attempts to analyze a temporal variations of tourist village economic resilience from pandemic shock in 24 tourist village destinations covering the period of 2019-2022 in Indonesia. A synthetic composite index of the Adjusted Mazziotta-Pareto Index (AMPI) was used to measure resilience, followed by clustering analysis to determine the typology of the resilience. The resilience index was composed of capacity and performance dimension related to resilience. The results show that most villages were severely affected in the first year of Covid-19, yet they recovered afterward, as indicated by positive differences in the AMPI index before and after Covid-19. This result shows that tourist villages in Indonesia have a tendency of strong capacity and performance to recover from the pandemic shock. The economic components of the capacity and performance were able to readjust after the pandemic indicating that these components are relatively adaptable to the shocks. The indicator that has the most significant influence on the typology of resilience in the performance dimension is the number of visitors. Meanwhile, the Development Village Index (DVI) indicator is the most significant influence on the capacity dimension.
What Are the Economic Impacts of Indonesia’s Export Ban? A Computable General Equilibrium Analysis Samir, Salman; Utami, Rizky; Razak, Muhammad Maula
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 25, No 1 (2024): JEP 2024
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v25i1.23626

Abstract

This study aims to assess the economic impact of the mineral export ban on Indonesia and other countries. The comparative-static version of the computable general equilibrium model (Global Tarde Analysis Project (GTAP)) is used to analyse the economic impact of the export ban, with a particular focus on GDP, welfare, terms of trade and external trade. The most recent GTAP version 9 database was used for the modelling simulations of the Indonesian export ban. The GTAP version 9 database has three reference years: 2004, 2007 and 2011. It already aggregates 140 regions and 57 sectors. The modelling simulation results show that the policy of bauxite, copper and tin export tyres benefits the Indonesian economy. Meanwhile, Indonesia’s export ban policy harmed the economies of other countries, particularly China, Japan, India, Korea and the EU-28.
Monetary Policy Credibility and Economic Growth: A Comparative Analysis of COMESA and ECOWAS Countries Aboyitungiye, Jean Baptiste; Mathu, Moses
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 24, No 2 (2023): JEP 2023
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v24i2.23113

Abstract

The study aims to highlight the effect of the credibility of monetary policy on economic growth concerning the COMESA compared with the ECOWAS economies. Those groups of countries are reached throughout the monetary policy credibility measurement to get an insight into whether the monetary policy is at the origin of the economic growth level of the country. The dynamic panel data consists of 5 years, from 2015 to 2020, for 11 countries of COMESA and ECOWAS. The findings from the two-system-GMM approach show a significant positive effect of the monetary policy credibility on economic growth in the COMESA region. On the other hand, the monetary policy credibility has an insignificant impact on the economic growth in the ECOWAS region. The findings lead us to recommend to the policymakers of central banks to ensure that they choose the appropriate monetary policy to return to growth, full employment and price stability.
Energy Consumption and Government Policy in Addressing the Rising Fuel Oil Prices Istiqomah, Nurul; Mafruhah, Izza; Wilyawati, Arieska Kurnia; Mayasari, Febi; Salleh, Norlida Hanim Mohd
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 25, No 1 (2024): JEP 2024
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v25i1.23102

Abstract

This study aims to determine the effect of economic growth, per capita income, world oil prices and the amount of subsidies on energy consumption in Indonesia both in the short and long term. As well as knowing the policies carried out by the government to overcome the increase in fuel prices. The data used is secondary data from 1972 - 2022 and analyzed using ECM Domowitz-El Badawi and Atlas.ti which is used to organize, explore and analyze data on policies made by the government to overcome rising fuel prices. The analysis shows that economic growth, per capita income and the size of subsidies have a long-run effect on energy consumption, while world oil prices have both a short and long-run effect on energy consumption. The reduction of subsidies that caused fuel prices to increase had both positive and negative effects on society, and the government made several policy efforts to overcome the turmoil that existed in the community. Among them are adjusting fuel prices and prices of other affected goods, limiting ownership of motorized vehicles, maintaining a stable supply of fuel in the long term and increasing supervision and enforcement in fuel abuse.
Determinants of Green GDP in ASEAN-5 Countries Hidayah, Nur; Wahyuningrum, Dinar; Kamara, Ibrahim Sorie; Rahmah, Jihan Lutfiyah
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 24, No 2 (2023): JEP 2023
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v24i2.22488

Abstract

The over-exploitation of natural resources to increase economic growth causes environmental degradation, and climate change has been a serious research issue. Gross Domestic Green Product (green GDP) is a proxy of Green economic growth. It is an indicator of sustainable economic development that considers aspects of environmental degradation. This study aims to determine the effect of carbon dioxide emissions, foreign direct investment, current account balance, and population on green GDP in five ASEAN countries: Indonesia, Malaysia, Thailand, the Philippines, and Myanmar. This study utilized panel data, a combination between time series and cross-section data. The panel data was examined by using the eViews 11 application. The selected model was the Fixed Effect Model (FEM). This study found that two independent variables: carbon dioxide emissions and the population had a significant positive effect on green GDP. Meanwhile, Foreign Direct Investment and current accounts do not significantly affect green GDP. Thus, the government as a regulator has a role in managing policies related to carbon emissions and population in supporting green economic growth.
Uneven Development Principles in Geo-Map Perspective: How Does Infrastructure Play a Role in Crushing the Poverty in the Special Region of Yogyakarta? Ratnadewati, Ainina; Samudro, Bhimo Rizky; Widiastuti, Nur; Popoola, Oluwatoyin Muse Johnson
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 25, No 1 (2024): JEP 2024
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v25i1.23641

Abstract

The purpose of this study is to determine the relationship between the existence of regional infrastructure and the number of poor people and to know the distribution of infrastructure in each district/city in the Special Region of Yogyakarta (DIY). The data used is a primary data crosssection derived from Village Potential Data Collection (Q-Podes). This study uses two methods, namely, Ordinary Least Square Regression, to determine the relationship between variables and Geo-Map Orange Data Mining to determine the distribution and equitable distribution of infrastructure. Empirical results show that areas with electricity sources from the State Electricity Company (PLN), Information and communication infrastructure, trade and service infrastructure, agricultural infrastructure, and good sanitation can reduce the number of poor people. However, drainage infrastructure, cultural and health education infrastructure, and transportation infrastructure have not been able to reduce the number of poor people in DIY. In addition, the occurrence of uneven development, which is seen in the uneven infrastructure in each region, is also an inhibiting factor in reducing the number of poor people in DIY.
Testing The Environmental Kuznets Curve (EKC) Hypothesis in Indonesia and India: Autoregressive Distributed Lag (ARDL) Model Approach A'yun, Indanazulfa Qurrota; Nasir, Muhammad Safar; Nasir, Zarul Azhar bin; Abdulkarim, Fatima Muhammad; Hussain, Murtaza
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 24, No 2 (2023): JEP 2023
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v24i2.23191

Abstract

The achievement of economic growth is equally important as environmental sustainability. Economic growth is considered capable of enhancing the overall welfare of society. However, there is a sacrifice stemming from economic growth in the form of negative external impacts. Therefore, the objective of this study is to examine the Environmental Kuznets Curve (EKC) hypothesis in Indonesia and India. The EKC hypothesis connects economic growth with CO2 emissions. The Autoregressive Distributed Lag (ARDL) model is employed to assess both the long-term and short-term impacts of economic growth on CO2 emissions in Indonesia and India. Additionally, the study seeks to comprehend the applicability of the Environmental Kuznets Curve (EKC) hypothesis in these countries over the period of 1965-2021. The research findings indicate that economic growth has a significant impact on CO2 emissions in the short term, but this influence is not sustained in the long term in Indonesia. In contrast, in India, economic growth does not exhibit a significant effect on CO2 emissions in the short term, but it does have a notable impact in the long term. This implies that Indonesia does not align with the Environmental Kuznets Curve (EKC) hypothesis in the long term, while India is anticipated to adhere to the EKC hypothesis in the future.
An Analysis of the Effects of Spatial Dependence on Economic Growth Among Regencies and Cities in Java Khotiawan, Ma'rufa; Sakti, Rachmad Kresna; Wahyudi, Setyo Tri
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 24, No 2 (2023): JEP 2023
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v24i2.22109

Abstract

Java is inarguably essential for Indonesia’s economy with its 59% contribution to the country’s GDP. However, behind the tremendous participation lies high regional disparity, poverty, and unemployment, which have become challenges to its economic development. This research aims to analyze the role of spatial dependence on regional economic growth in 119 regencies and cities in Java during the 2015- 2019 period. Exploratory Spatial Data Analysis (ESDA) and Spatial Durbin Model (SDM) were used to analyze the determinants of the spatial dependence and its impact on regional economic growth. The travel time among regions was utilized for the spatial weight matrix. The existence of spatial dependence in inter-regional economic growth can be identified from all models. The positive value of Moran’s I in the ESDA analysis indicates that the spatial pattern of the growth is clustering. The lambda parameter in the SDM estimation indicates the occurrence of backwash spillover in the effect of the spatial dependence on economic growth. The direct effects of initial per capita income, physical capital investment, road infrastructure, population growth, and education are significant on economic growth. Furthermore, the spillover effect of initial per capita income and education is also significant on the inter-regional economic growth.
The Structure-Conduct-Performance Paradigm in the Indonesian Manufacturing Industry Yuliati, Lilis; Adenan, Moh.; Prianto, Fajar Wahyu; Wibisono, Sunlip; Komariyah, Siti
Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Vol 25, No 1 (2024): JEP 2024
Publisher : Muhammadiyah University Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/jep.v25i1.20483

Abstract

This study examines the structure, conduct, and performance (SCP) of the Indonesian manufacturing industry, contributing the most to the national economy from 2017 to 2021. The research employed SCP analysis, which entails evaluating market concentration using the Herfindahl Hirschman Index (HHI) and analyzing market performance and industry behavior utilizing literature reviews. Based on Indonesian Central Statistics Agency groupings, the sample data covers 23 sub-sectors of the manufacturing industry. The results of the HHI calculations also show that the concentration of the manufacturing industry market is at a moderate level, mergers and acquisitions that result in moderate market concentration of HHI enhancements will raise anti-competitive concerns and will require further analysis and often require scrutiny. Hence, requiring proper supervision and strategy in developing competitiveness amidst global uncertainty. The conduct and performance of the manufacturing industry show an effort to grow better amid fairly tight global competition. Therefore, it is necessary for a number of parties to play a part in boosting productivity and the competitiveness of goods produced by the manufacturing sector. Governments should reduce their direct intervention in the market by implementing industrial policies and seeking market-oriented policy means to influence the economy.

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