cover
Contact Name
-
Contact Email
-
Phone
-
Journal Mail Official
-
Editorial Address
-
Location
Kota surabaya,
Jawa timur
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 162 Documents
The Effect of Foreign Direct Investment and Inflation on The Economic Growth of ASEAN Countries 2009-2020 Ramadhanty, Firyal; Wasiaturrahma, Wasiaturrahma; Makatutu, Anas Iswanto Anwar
Jurnal Ilmu Ekonomi Terapan Vol. 9 No. 1 (2024)
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.v9i1.57259

Abstract

This study aims to analyze the effect of foreign direct investment and inflation on economic growth in ASEAN countries. The analytical method used is a quantitative approach with multiple linear regression panel data method based on secondary data from foreign direct investment, inflation, and economic growth variables in 2009-2020. The analysis results show that FDI has no significant impact on the economic growth variable, and the inflation rate has a significant positive impact on the economic growth variable.
The Influence of Government Expenditure on the Human Development Index in NTT Province Banase, Marianus Antonius Deo Datus; Purwono, Rudi
Jurnal Ilmu Ekonomi Terapan Vol. 9 No. 1 (2024)
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.v9i1.57397

Abstract

Researchers analyzed government spending on health, education, and infrastructure in influencing the human development index in NTT Province. The research data is panel data in 22 districts/cities, namely health, education, and infrastructure expenditure data for 2010-2022. Panel data regression analysis used the pooled least square method to analyze government spending. The results found that government spending on health, education, and infrastructure together (simultaneously) significantly influenced the human development index in districts/cities in NTT province. Another analysis found that government spending on health and education partially influenced the human development index significantly in the districts/municipalities of the NTT province. However, spending on infrastructure partially had no significant effect on the human development index in the districts/municipalities of the NTT province. The implications of the research are improvements in health, education, and infrastructure that can increase development.
Shadow Economy: Determinants and Its Impact on Foreign Direct Investment Heriqbaldi, Unggul; Jatmiko, Salwaa Fauziyyah
Jurnal Ilmu Ekonomi Terapan Vol. 9 No. 1 (2024)
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.v9i1.57402

Abstract

The shadow economy poses a significant threat to government revenue and the effectiveness of economic policies. This paper investigates the causes of the shadow economy and its influence on foreign direct investment (FDI). Our study employs the currency demand approach, a component of the indirect method, to identify the determinants of the shadow economy in a dataset covering 105 countries from 2001 to 2017. These countries are categorized into four income groups: high-income, upper-middle-income, lower-middle-income, and low-income. Parameter estimation is conducted using the Generalized Method of Moments (GMM) model, with robustness tests incorporating reference estimates from Partial Least Squares (PLS) and Fixed Effects Model (FEM). Our findings indicate that a higher GDP and lower interest rates are associated with reduced shadow economy activity. Elevated market interest rates increase the cost of funds in the informal sector, discouraging engagement in shadow economic activities due to reduced profitability. Furthermore, higher tax revenues correlate with intensified regulatory enforcement, increasing the risks associated with shadow economy involvement. A larger workforce and lower unemployment rates similarly diminish shadow economy activity. In the context of foreign direct investment (FDI), the shadow economy positively affects FDI flows when formal institutions, including legal frameworks, property rights protection, and regulatory systems, are either weak or overly burdensome. In such scenarios, economic actors may opt for informal channels like the shadow economy, offering a flexible and cost-effective alternative to the formal sector, a crucial consideration for foreign investors.
The Effect of Balikpapan-Samarinda Toll Road Construction with a PPP Scheme on The Formation of Economic Structure in East Kalimantan Tarassyta, Aisyah; Auwalin, Ilmiawan
Jurnal Ilmu Ekonomi Terapan Vol. 9 No. 1 (2024)
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.v9i1.57456

Abstract

Economic effects are just one of the many effects of the massive infrastructure investment in Indonesia made over the past ten years. The aim of connecting Indonesia between regions is the basis for massive infrastructure growth, especially toll road infrastructure. Several funding schemes have been implemented to build toll road infrastructure, including the Public-Private Partnership (PPP) financing scheme. This PPP financing scheme was also implemented in the Balikpapan-Samarinda toll road construction. Therefore, this research attempts to capture the impact of the construction of the Balikpapan-Samarinda toll road with a PPP scheme on the formation of the economic structure in East Kalimantan province using the Input-Output (I-O) table. The investment value for the Balikpapan-Samarinda toll road is IDR 9.97 trillion was injected (shock) into gross fixed capital formation in the construction sector. The calculation results in this research show that the construction of the Balikpapan-Samarinda toll road contributed 9.8% of total demand. Apart from that, there is a significant impact on the economic structure of East Kalimantan Province, as seen from the expenditure multiplier figure with an output total of IDR 15,111 billion, a total income of IDR 2,471 billion, and a total workforce of 25,095 workers due to investment in the construction of the Balikpapan-Samarinda toll road.
The Influence of Economic Complexity Index on Income Inequality in G20 Forum Countries Subekti, Miftachul Jannah Meilina; Sari, Dyah Wulan
Jurnal Ilmu Ekonomi Terapan Vol. 9 No. 1 (2024)
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.v9i1.57677

Abstract

This research examines the influence of the economic complexity index, GDP per capita, gross higher education participation ratio, government spending on education, and fertility rates on income inequality in G20 Forum member countries from 2010 to 2019. The dynamic panel data regression method with the two-step System Generalized Method of Moments (SYS-GMM) estimation technique is used to analyze the data in this study. The findings reveal that the economic complexity index, GDP per capita squared, government spending on education, and fertility levels have a negative and significant effect on income inequality. Meanwhile, GDP per capita and gross enrollment rates in tertiary education have a significant positive effect on income inequality. This study shows that the economic complexity index and the quality of human resources can reduce income inequality. Therefore, policies that focus on improving the quality of human resources need to be considered to encourage innovation, increase GDP per capita, and ultimately reduce income inequality.
Analyzing the Combined Role of Good Governance and GDP on Women Literacy in African Countries Himel, Mohammad
Jurnal Ilmu Ekonomi Terapan Vol. 9 No. 1 (2024)
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.v9i1.58725

Abstract

Most African countries have been affected due to economic crises regarding hyperinflation and lower agricultural productivity, civil war, lower infrastructural and transportation systems, social and domestic violence, food insecurity due to bad agricultural systems, social and religious inequality, mismanagement of governing systems with defective bureaucracy, environmental degradation and lower practice for sustainable development. In this paper, the author tries to find out two research objectives i) To measure the good governing variables on women literacy between East and West African countries ii) To measure the joint impact of good governance and GDP level between these two countries. The author uses secondary dataset from The World Bank site on quantitative analysis where the author uses multiple regression model for general regression and integrated regression model. At the time of multiple regression (Model 1), GDP, IF, P.S., R.Q. has a positive connection with women literacy for EAC. On the contrary, PHR, FLF, DOFC, R.L. create a negative effect on women's literacy in EAC. But in (Model 2), if the good governance variable connects with GDP for long-lasting development, (GDP*PS), (GDP*RQ) has positive connection with W.L. in EAC. Reversely, L.E., PHR, G.E., R.Q., CC has positive and significant impact in WAC where these variables enhance women literacy to be improved at significant rate (Model 3) where DOFC and EFC has reverse connection with W.L. In spite of case, if GDP connects with good governance variables, (GDP*RQ) and (GDP*PS) has positive connectivi-ty with W.L. in WAC. Policy makers should highlight to promote effective R.L. and G.E. to improve macroeconomic development in EAC where governments of WAC should focus on R.L. and G.E. to ensure women empowerment and social security for sustainable development. Establishing good governance's variables in African countries is carrying need to ensure women empowerment, lessening gender inequality, ensuring women safeness and sustainable development etc.
Does Exchange Rate Depreciation and Trade Balance Impede Economic Growth in Nigeria? Anagun, Adeyemi Michael; Agosu, Peter Minasu
Jurnal Ilmu Ekonomi Terapan Vol. 9 No. 2 (2024)
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.v9i2.52444

Abstract

The Nigerian currency has experienced a significant depreciation due to its exchange with foreign currencies, particularly the dollar. This exchange rate depreciation affects purchasing power, real wages, foreign trade, debt servicing, macroeconomic stability, and interest rates. The study then seeks to fill a knowledge gap on the asymmetric link between exchange rate depreciation, trade balance, and economic growth in Nigeria. The Phillip-Perron and Augmented Dickey-Fuller unit root tests found mixed stationarity, whereas the ARDL bound cointegration test revealed a long-term link between these variables. As such, the study revealed that the depreciation of the exchange rate and trade balance positively affects economic growth. As the currency weakens, interest rates and money supply rise, and the economic growth rate rises. The study uses the error correction model to correct the disequilibrium by 59.8% to correct this economic hardship in the Nigerian economy, demonstrating that exchange rate depreciation considerably influences economic growth in the long run but not in the short term. Therefore, the practical implication is that the cost of production, importation, and inflation is high, causing fiscal restraints, governmental regulations, and economic shocks to macroeconomic stability, which may all influence economic growth. They recommend that interest rates be readjusted and that the government give grants and non-interest rate loans to small and medium enterprises to mash up with the import and export of consumable goods.
The Effect of Institutional Quality and Macroeconomics Variables on Non-Performing Loans in Developing Countries Fajariyanto, Muhammad Bagja; Wasiaturrahma, Wasiaturrahma
Jurnal Ilmu Ekonomi Terapan Vol. 9 No. 2 (2024)
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.v9i2.57678

Abstract

This study intends to examine how institutional quality and macroeconomic factors affect non-performing loans within developing countries in 2010–2019. The estimation results employing the Generalized Method of Moment (GMM) method reveal that the institutional quality variable with a proxy for the government effectiveness index and regulatory quality index has a significant effect with a negative coefficient on the non-performing loans ratio (NPL). Moreover, macroeconomic variables such as inflation, unemployment, and real interest rates significantly affect NPL. In contrast, economic growth has a significant negative effect on NPL. Policymakers should focus on creating effective regulations to reduce NPLs. The government can make clear, consistent, and transparent regulations to promote a strong and competitive private sector.
Comparative Effects of Profitability and Risk Management on Financial Stability in A Dual Banking System: Does Yield Matter? Nur Izza, M. Yusril Hafidz; Putri, Amila Zamzabila
Jurnal Ilmu Ekonomi Terapan Vol. 9 No. 2 (2024)
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.v9i2.58254

Abstract

This study aims to examine the impact of risk management and profitability on the stability of conventional and Islamic commercial banks in Indonesia and to assess whether yield can moderate this effect. The research analyzes data from Indonesian Sharia and conventional commercial banks from 2016 to 2023 using fixed-effects panel data regression with robust standard errors. The findings reveal that Sharia banks exhibit greater risk resilience than conventional banks, demonstrating a lower probability of instability. Additionally, yield enhances the effect of non-performing financing (NPF) on bank stability in Sharia banks and mitigates the impact of non-performing loans (NPL) in conventional banks. These results offer valuable insights for policymakers and contribute to the literature by highlighting the need for a balanced approach to ensure that bank profitability enhances stability rather than undermines it. It underscores that higher profits are not inherently beneficial, nor are lower profits necessarily detrimental. Banks must strike a balance, maintain public trust, and promote prudent risk management to achieve long-term stability.
The Role of Government Effectiveness Boosting The Influence of Financial Development and International Trade in ASEAN-5 Country Humanita, Salwa Nabella Aksi; Endraswati, Hikmah
Jurnal Ilmu Ekonomi Terapan Vol. 9 No. 2 (2024)
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.v9i2.58389

Abstract

The main focus of this study is the crucial role of an effective government in managing financial development and its impact on international trade. This study aims to analyze the effectiveness of government intervention in moderating the effect of financial development on international trade in the ASEAN-5 region. Annual panel data covering the period 1997-2023 of ASEAN-5 countries will be used in the analysis. The proposed analysis method is Panel Data Regression and Moderated Regression Analysis (MRA) using EViews version 10. The results show that financial development measured using the proxy of bank deposits and liquid liabilities can significantly affect international trade. In contrast, when measured using bank credit, it has a significant negative effect. Government effectiveness can strengthen the influence of bank credit and liquid liabilities on international trade. In contrast, bank deposits can weaken it because the effectiveness of the government in regulating and developing the financial system can interfere with the openness of international trade.