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INDONESIA
JIET (Jurnal Ilmu Ekonomi Terapan)
Published by Universitas Airlangga
ISSN : 25411470     EISSN : 25281879     DOI : -
Core Subject :
Jurnal Ekonomi Terapan (JIET) mengundang naskah dalam berbagai topik termasuk, tetapi tidak terbatas pada, kebijakan moneter, kebijakan fiskal, kebijakan dan keuangan internasional, kajian ekonomi gender, perlindungan sosial, ekonomi sumberdaya alam dan lingkungan, ekonomi politik.
Arjuna Subject : -
Articles 12 Documents
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Search results for , issue "Vol. 10 No. 2 (2025)" : 12 Documents clear
Determinants of Governance Performance: The Effects of Intellectual, Social, and Natural Capital in Middle-Income Countries Thahira, Zia; Dawood, Taufiq C.; Zikra, Naswatun; Darmawati, Cut
Jurnal Ilmu Ekonomi Terapan Vol. 10 No. 2 (2025)
Publisher : Department of Economics, Faculty of Economics and Business, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jiet.v10i2.78311

Abstract

Objective: This study investigates the effect of intellectual, social, and natural capital on governance performance in middle income countries, addressing how non-financial resources shape institutional quality. The research is empirical and contributes to development economics by linking capital endowments with governance outcomes, which are central to sustainable development and institutional resilience. Methods: The study uses panel data from the Global Sustainable Competitiveness Index (GSCI) for 20 middle income countries during 2020–2024. Governance scores serve as the dependent variable, while intellectual, social, and natural capital are the main explanatory variables, analyzed through a fixed effects regression with robust standard errors. Findings: The results indicate that natural capital has a statistically significant and positive impact on governance performance, with a coefficient value of approximately 0.51, significant at the five percent level. This suggests that countries with stronger capacities to manage environmental resources tend to develop more accountable and resilient institutions. In contrast, intellectual and social capital do not show significant effects within the observed period, which may imply that their influence on governance is more indirect, requires longer time horizons to materialize, or depends on the presence of supportive institutional frameworks. Originality/Value: The novelty of this study lies in testing the reverse relationship between non-financial capital and governance and incorporating interaction models that reveal how these resources jointly shape institutional outcomes. Unlike most prior studies that focus on how governance drives capital formation, this research centers on middle-income countries and employs recent data from 2020–2024 to offer fresh empirical evidence on institutional determinants of governance. Practical/Policy implication: The findings suggest that governance reforms should integrate natural capital management within Sustainable Development Goal frameworks while enhancing institutional capacity in education and social cohesion to enable intellectual and social capital to more effectively strengthen governance in the long term.
Identifying LPG Usage Inequality and Its Determinants in Eastern Indonesia Fajritia, Rahajeng; Kartiasih, Fitri; A’mal , Ikhlasul
Jurnal Ilmu Ekonomi Terapan Vol. 10 No. 2 (2025)
Publisher : Department of Economics, Faculty of Economics and Business, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jiet.v10i2.79636

Abstract

Objective: This study aims to measure the extent of LPG usage inequality and to examine the factors influencing it across 13 provinces in Eastern Indonesia (KTI) over the period 2015–2023. Specifically, this study seeks to address two research questions: (1) To what extent does LPG usage inequality vary across provinces in Eastern Indonesia? and (2) What factors contribute to the occurrence of this inequality?Methods: This study uses panel data sourced from the National Socioeconomic Survey (Susenas) and official publications of BPS-Statistics Indonesia. LPG usage inequality is measured using the Gini Coefficient and the Lorenz Curve. The empirical model is analyzed using the Fixed Effect Model (FEM), which is then corrected with Feasible Generalized Least Squares–Seemingly Unrelated Regression (FGLS-SUR) to address heteroskedasticity and cross-sectional unit correlation issues.Findings: The research findings reveal that five provinces (East Nusa Tenggara, Maluku, North Maluku, Papua, and West Papua) experience very high disparities in LPG usage, primarily influenced by limited access and high LPG prices. Empirically, it was found that per capita income and education significantly reduce inequality, while an increase in LPG prices significantly increases inequality.Originality/Value: This research makes a novel contribution by focusing on LPG usage inequality across the provinces of Eastern Indonesia. The use of panel data analyzed through the FGLS-SUR method enables a more robust and precise identification of the determinants of inequality.Practical/Policy implication: The government should enhance the equity of energy distribution infrastructure, ensure price stability, and promote energy literacy as part of a just clean energy transition. Furthermore, improving educational attainment and strengthening micro, small, and medium enterprises (MSMEs) are essential to increasing public awareness, raising income levels, and stimulating regional economic development.

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