10 research outputs found

    Pengaruh Pertumbuhan Ekonomi, Ketimpangan Pendapatan, Investasi Domestik, Pendidikan, Swamedikasi, dan Pengangguran Terbuka terhadap Kedalaman Kemiskinan di Indonesia

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    Poverty is a human condition that cannot buy basic needs using their income. This research will discuss the factors that affect the poverty gap, such as economic growth, income inequality, domestic investment, education, self-medication, and the open unemployment, and discuss how the direction of influence on the level of poverty gap. In this study, panel data regression analysis was used, with the object of research being 34 provinces in Indonesia and the research period from 2017 to 2021. The results showed that the best model was Random Effect. Based on the regression results, it was known that economic growth and education had a negative and significant effect on the level of poverty gap. Meanwhile, the open unemployment variable had a positive and significant effect on the poverty gap

    Spillovers Produktivitas Pekerja di Jawa Tengah

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    This study analyzes the productivity spillovers of workers in the Central Java region. Research data includes worker productivity, capital, and district / city minimum wages in 2017 published by the Central Statistics Agency (BPS). This study uses a spatial regression analysis tool by including the element of worker productivity spillovers and is estimated using Geoda software. The results showed that there were no worker productivity spillovers between districts / cities in Central Java. The value of the Lambda coefficient, on the Spatial Error Model and the Spatial Lag Model is not significant, indicating that the value of worker productivity in each district / city has no influence from the surrounding area. Furthermore, the significant capital variable indicates that an increase in the amount of capital is followed by an increase in worker productivity. Meanwhile, the variable of the number of workers with college graduates is not significant

    Do Wage Spillovers Lead to Labor Productivity Spillovers?

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    This research wants to analyze wage spillovers in Yogyakarta and Central Java, and whether these spillovers induce labor productivity spillovers. This study uses data published by the Central Bureau of Statistics (BPS) and includes wage rate, regency/city minimum wage, capital intensity, education level, growth, and labor productivity. The spatial regression is using in this study. The results show that there is a wage spillover across regencies/municipalities in Yogyakarta and Central Java. The wage rate is not only influenced by the variables in the area but is also by the wage rates in the surrounding area. However, these wage spillovers do not encourage labor productivity spillovers. The labor productivity in a regency/city depends on the availability of physical capital in this area. An expansion in labor productivity in a zone does not affect the increment in labor productivity in the encompassing zone. The physical capital not easily moved between regencies/cities.JEL Classification: J24, J3, J61,  How to Cite:Susanto, J., & Udjianto, D. W. (2020). Do Wage Spillovers Lead to Labor Productivity Spillovers? Signifikan: Jurnal Ilmu Ekonomi, Vol. 9(1), 51-68. doi: http://dx.doi.org/10.15408/sjie.v9i1.12903

    Determinants of Inclusive Economic Development: A Fixed Effect Model Approach

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    The implementation of development in Indonesia faces challenges and obstacles along with the dynamics of community life and changes in the global constellation. The economic development model that has been applied only encourages economic growth, resulting in social exclusion in the form of poverty, unemployment and social inequality. This study aims to estimate the factors that influence inclusive economic development in Indonesia. The data used comes from 34 provinces in the period 2015-2022. This research contributes to economic development in the form of inclusive economic development, the use of IEDI as a value that shows the level of inclusiveness of Indonesia's development, and contributes to the determinants of IEDI. The model used is FEM with the results showing that the variable open unemployment rate has a negative and significant effect. The rate of GRDP, and HDI has a positive and significant effect on inclusive economic development. The number of poor people insignificant effect. This is based on the trickle-down effect theory which explains that the progress obtained by a group of people automatically trickles down so that it will create jobs. In the end, it will foster an equitable distribution of the results of economic growth. Since economic growth is an indicator of economic development, such changes will affect the number of poor people in the long run

    The Impact of Monetary Policy and International Trade on Economic Growth and Inflation in ASEAN-4 Countries

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    Economic growth and price stability are the main goals of macroeconomics, among other goals. The central bank can influence the economy to achieve the desired condition through its monetary policy. This study aims to analyze the effect of monetary policy and international trade on economic growth and inflation in four ASEAN countries (Indonesia, Malaysia, the Philippines, and Thailand), using panel data analysis and vector autoregression. The impulse response results show that monetary policy with an interest rate policy instrument hurts economic growth in the short run and is positive in the long run. In the short run, an expansionary monetary policy has effectively accelerated economic growth, vice versa. International trade positively affects economic growth in ASEAN-4 countries in the short run and vice versa in the long run. Panel data analysis shows a price puzzle regarding the effect of interest rates on inflation. Likewise, the effect of international trade on inflation shows a positive influence. An increase in exports encourages an increase in aggregate demand and prices. The implications of the results of this study are the need for policy coordination monetary policy, trade policy, and policy in the real sector so that the effectiveness of monetary policy increases.How to Cite:Astuti, R. D., & Udjianto, D. W. (2022). The Impact of Monetary Policy and International Trade on Economic Growth and Inflation in ASEAN-4 Countries. Signifikan: Jurnal Ilmu Ekonomi, 11(1), 175-190. https://doi.org/10.15408/sjie.v11i1.22142

    Do Growth Spillovers Matter?

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    Although the Yogyakarta Special Region and Central Java are two independent provinces with different regulations, these economies were integrated as a unity that interacts with each other, so this study examined whether the growth spillovers between regencies/cities occurred in these provinces. The data included economic growth, education, working-age population, and asphalted road published by the Central Bureau of Statistics for 2001-2018. This study used a regression analysis based on the Dynamic Ordinary Least Square (DOLS) model. The results showed that there were growth spillovers. The economic growth of a regency/city was positively influenced by economic growth in its surrounding regions. A particular regency/city obtained benefit from economic growth occurred in its surrounding. Meanwhile, an increase in the working-age population and the asphalted road positively affects economic growth. However, the increase in education did not affect economic growth. Therefore, the local government needs to improve connectivity between regions by building road networks and enhancing intergovernmental cooperation.JEL Classification: J6, O1, R1How to Cite:Susanto, J., & Udjianto, D. W. (2021). Do Growth Spillovers Matter?. Signifikan: Jurnal Ilmu Ekonomi, 10(1), 31-50. doi: http://doi.org/10.15408/sjie.v9i2.17900

    THE IMPACT OF DIGITAL ECONOMY ON ECONOMIC GROWTH IN SOUTHEAST ASIA

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    The development of the digital economy today has proliferated along with the development of information technology. Economic digitization can affect international trade and financial inclusion, which in turn affects economic growth. How the digital economy can affect economic growth is the focus of this research. The analytical tool used is panel data analysis of 10 countries in the Southeast Asia region in 2017-2021. The results show that economic digitization is more likely to affect financial inclusion than international trade in encouraging economic growth in the Southeast Asian region. Keywords: Digital Economy, International Trade, Financial Inclusion, Economic Growth

    Pengaruh Indikator Perekonomian di Sektor Ketenagakerjaan Terhadap Inflasi di Indonesia Tahun 1999 – 2021

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    Setelah reformasi tahun 1998, perekonomian Indonesia perlahan mulai membaik, indikator perekonomian di Indonesia mulai menunjukkan kondisi yang baik pasca krisis tahun 1998 salah satunya adalah inflasi. . Setelah reformasi sektor ketenagakerjaan juga terjadi peningkatan yang baik, penyerapan tenaga kerja di Indonesia pada tahun 2021 sekitar 131 juta orang, upah minimum juga meningkat, kemudian tingkat pengangguran di Indonesia juga terjaga pada kisaran 6% dari tahun 1999 hingga 2021. peningkatan sektor ketenagakerjaan dapat dipertahankan dan ditingkatkan oleh pemerintah agar pertumbuhan ekonomi pasca reformasi membaik. Penelitian ini bertujuan untuk menganalisis pengaruh indikator ekonomi pada sektor ketenagakerjaan (TPAK, UMR, TPT) terhadap inflasi di 34 provinsi di Indonesia pada tahun 1999 – 2021. Penelitian ini merupakan studi kuantitatif dengan data panel. Data penelitian yang digunakan adalah data inflasi, TPAK, UMR, TPT, dan Dana Desa yang bersumber dari website Badan Pusat Statistik 1999 – 2021. Hasil analisis data panel menunjukkan bahwa perhitungan penelitian di pulau sumatera, jawa dan bali, kalimantan memiliki kesamaan yaitu pengaruh variabel Pengangguran berpengaruh signifikan terhadap inflasi di masing-masing wilayah, perhitungan penelitian di pulau sumatera , Jawa dan Bali, variabel UMR memiliki pengaruh yang signifikan. pada variabel inflasi perhitungan variabel penyerapan tenaga kerja (PTK) walaupun pengaruhnya tidak signifikan di pulau sumatera, jawa dan bali, kalimantan, perhitungan penelitian di pulau sulawesi dan indonesia bagian timur terdapat perbedaan hasil penelitian , satu-satunya variabel yang mempengaruhi inflasi adalah penyerapan tenaga kerja ( PTK), Perhitungan penelitian di Pulau Sulawesi dan Indonesia Bagian Timur, variabel UMR dan Pengangguran tidak berpengaruh signifikan terhadap variabel inflasi

    Causality of Environmental Degradation and Economic Growth in Indonesia

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    Nowdays, the issue of global warming is being widely discussed in all countries, both developed and developing countries, because of its negative impact on the environment. This study aims to develop an integrated analytical framework of causality between energy consumption, carbon emissions, financial development, trade openness, and economic growth in Indonesia, 1990-2021. This study provides research benefits in the form of a set of empirical evidence to assist in developing a series of key strategies that can improve environmental quality through sustainable development. With granger causality analysis and vector autoregression model, this study provides results that high economic growth and energy consumption can cause environmental degradation through increased carbon gas emissions
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