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Economics Development Analysis Journal
Published by Universitas Negeri Semarang
ISSN : 22524560     EISSN : -     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
The journal scope is related to the research in developing countries such as development studies, poverty adequate, inequality, unemployment studies, behavioral economics, human development problems and many other issues. Economics Development Analysis Journal also publishes an articles related to the branch of development studies, such, industry economics, international trade, bank and financial institutions, agriculture economics, financial studies, digital economics, small and medium enterprises, tourism economics and many others. It also published the study of development policy such as monetary economics, public economics, macroeconomics, microeconomics, and economic policy. Therefore, this journal also received an articles related to spatial studies such as Urban, Regional, Development planning and Rural economics. Base on the scope, Economics Development Analysis Journal welcome a multi dicipline articles who related to the economics and development studies.
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Articles 10 Documents
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Search results for , issue "Vol 12 No 2 (2023): Economics Development Analysis Journal" : 10 Documents clear
The Economic and Social Impacts of Rural Placemaking
Economics Development Analysis Journal Vol 12 No 2 (2023): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v12i2.62833

Abstract

Urbanization does not only affect land use in urban areas but also in rural areas. Many lands in rural areas are vacant. Although placemaking is often associated with urban contexts, its role in rural areas has emerged. Placemaking is believed to improve the economic and social aspect of vacant land uses. This study aims to analyze the process and impacts of rural placemaking in transforming vacant land into an attractive public area with a case study in Pasar Papringan, Ngadimulyo Village. This study was conducted by qualitative approach through in-depth interviews with six respondents and by quantitative approach through distributing questionnaires to a total of 61 respondents. The results show that rural placemaking not only activates vacant land, but also improves economic and social capitals. The perception regarding the economic impacts revealed that most respondents agreed that placemaking had the highest impact on innovation and the creative economy, particularly in supporting the creative economy (30 respondents, 49%). While the perception regarding the social impacts revealed that placemaking had the highest impact on their well-being, such as healthy lifestyle (41 respondents, 67%). The results of this study are expected to provide recommendations for vacant land management through rural placemaking practices.
Monetary Policy and Trade: An Engine for Economic Growth
Economics Development Analysis Journal Vol 12 No 2 (2023): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v12i2.65288

Abstract

Amidst on the debate of the trade openness (TO) importance in influencing an economic growth (EG) and the central bank policy rate (CBPR), it is necessary to analyze the long-term relationship by using ARDL. This paper aims to analyze the CBPR and TO influence on EG in ASEAN -3. This study examines the EG model which focuses on the effect of CBPR and the ratio of exports in which plus imports divided by GDP as a measure of TO in ASEAN-3. The Data was collected from IFS for Indonesia, Philippines and Thailand for the period 2007q1-2022q2. The ARDL test method is used to determine the long-term relationship among the EG, TO and CBPR variables with different degrees of the integration. The FMOLS, DOLS, and CCR testing is for check robustness. The study show that CBPR has a positive effect on the EG in ASEAN-3, although it is only in Indonesia, and in Philippines which is statistically significant. The TO positive effect on the EG in Indonesia and in Thailand, but it is not significant and it has a TO statistically significant negative effect on EG in Philippines. The importance of this research given the recent interest in globalization activities, so the role of TO has become very important. A better TO understanding whether import dominance or vice versa helps in understanding the impact of globalization on the country economy. This finding emphasizes on the export importance over the imports in the economy. However, there is not an academic research looks at the long-term relationship between monetary policy and trade openness on the economic growth with the various econometric models.
Village Development: Effect of Vilage Fund and Village Head Education
Economics Development Analysis Journal Vol 12 No 2 (2023): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v12i2.66675

Abstract

Village Autonomy allows villages to realize more advanced and prosperous rural development. According to some literature, village development needs sufficient funds. In Indonesia, Village Fund has become one of the necessary funds for villages since 2015. Besides the effect of the Village Fund amount, this study evaluates the role of village leaders in optimizing Village Fund management. This study aims to analyze the impact of village head education support in managing the Village Fund on the development of village status in Indonesia empirically. The analytical method uses cross-sectional multiple linear regression in the data between 2018 and 2020. This study uses changes in the village building index (IDM) score to reflect the development of village status each year as the dependent variable, then Village Fund and interaction between Village Fund and Village Head education as the independent variables. The results denote that the management of the Village Fund will be more effective in influencing the growth of village development if the village has a village head with an education above high school. Therefore, the Central Government should provide intervention on the policy criteria for allocating Village Funds, especially performance allocation, by including village head education as an additional indicator in the Village Fund management process.
International Trade Price Index: A Leading Indicator for Indonesia's Inflation?
Economics Development Analysis Journal Vol 12 No 2 (2023): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v12i2.63088

Abstract

As one of essential indicators in economy, inflation rate can be determined by several factors. One of these factors is price index other than CPI, representing price change, other at consumer level. Many studies have examined the effect of price indices such as Producer Price Index (PPI) and Wholesale Price Index (WPI) on inflation, including in Indonesia. However, in an open economy, the level of openness, which can be approximated by International Trade Price Index (IHPI), may also influence changes in inflation. In Indonesia, no studies still examine the nexus between ITPI and inflationThis study aims to examine the effect of price indices variables other than at consumer level, particularly ITPI, on inflation and whether we can use it as one of the leading indicators of inflation in Indonesia. The analysis results of the ARDL-ECM model show that all price indices variables simultaneously influence inflation. However, the effect of each variable partially on inflation in the short and long run varies. The speed of adjustment to return to equilibrium is 4.67% per month after the shock happened. Nevertheless, the effect of ITPI on inflation is insignificant, both in the short and long run. Thus, we can conclude that ITPI is not yet able to be a leading indicator of inflation in Indonesia. However, the result of this study must be carefully concluded since the use of time series analysis depends on the lag length and the number of observations included.
Estimation and Analysis of Food Demand Patterns in North Kalimantan
Economics Development Analysis Journal Vol 12 No 2 (2023): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v12i2.66472

Abstract

North Kalimantan Province is in the top five provinces with Indonesia's highest percentage of food-insecure populations in 2018. Meanwhile, of the five provinces, only North Kalimantan Province has the status of a newly expanded province. As a province that is still relatively new, this is a challenge for the local government to ensure the availability of food for its people. Therefore, this research aims to analyze the factors that influence patterns and changes in food consumption due to prices, income, and socio-demographic characteristics of households in North Kalimantan Province. This study uses A Linear Approximated Almost Ideal Demand System (LA/AIDS) for 13 food commodity groups using Susenas data in 2018. The results show that the prices of each commodity group and other commodities significantly influence the proportion of food expenditure. In addition, the number of household members, household residences, and head of household education substantially affects the pattern of household food consumption. Price elasticity provides a positive value for 11 commodity groups, and only two commodities are negative, namely vegetables and fruits, while cross elasticity is quite varied. The policy implications that the government can carry out are to ensure food availability by using this research information to create work programs and strategic policies to ensure the fulfillment of food needs
The Role of Green Budgeting on Environmental Quality on Indonesia
Economics Development Analysis Journal Vol 12 No 2 (2023): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v12i2.68929

Abstract

Law Number 32 of 2009 requires Regional Governments to allocate an adequate environmental protection and management budget. However, the allocation of green budgeting is less than 1% of the Regional Revenue and Expenditure Budget. This study aims to determine the effect of green budgeting, Human Development Index (HDI), Foreign Direct Investment (FDI), and population density on environmental quality in Indonesia from 2011-2020. The research method used is descriptive quantitative with panel data regression analysis techniques. Data were taken from 34 provinces in Indonesia from 2011 – 2020. The research variables are Environmental Quality, Green Budgeting, Human Development Index, Foreign Direct Investment, and Population Density. The data were obtained from the Central Agency of Statistics and the Ministry of Environment and Forestry Republic Indonesia using literature study data collection techniques. The data was processed using the Eviews 9.0 analysis tool, with the Fixed Effects Model as the best model. The finding shows that green budgeting has a positive but insignificant effect, Human Development Index (HDI) has a significant positive effect. In contrast, Foreign Direct Investment (FDI) and population density significantly negatively affect environmental quality in Indonesia.
Determinants of Income Inequality in a Time Perspective in Indonesia Arif Rahman
Economics Development Analysis Journal Vol 12 No 2 (2023): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v12i2.62755

Abstract

The development orientation which is more dominant on growth, has been impaled to widen the inequality gap. The purpose of this study is to analyze the short-term and long-term effects of several determinants of income in Indonesia during 1998-2021. Data sourced from the World Bank in a time series format. The study method uses descriptive quantitative analysis with the Error Correction Model approach. The Gini index is used as the dependent variable, while the independent variables include the ratio of the work force graduates above senior high school, urban population growth, the agricultural sector, haunting, and fisheries, and per capita GDP growth. The stationarity test results show that stationarity occurs in the first derivative data. Cointegration test results using the Engle-Granger method show that the model built has cointegration. The results of the long-term regression show that two variables have a significant effect on the Gini index, namely the ratio of the work force graduates above senior high school which has a positive effect, and the urban population growth rate which has a negative effect. In the short term, the ratio of the work force graduates above senior high school contributes significantly to the increase in the Gini index. Meanwhile, other predictor variables have no significant effect on the Gini index in Indonesia. The lack of support from the agricultural sector in pushing the Gini index down, and the positive role of the highly educated work force, reflects the ongoing development process which still seems exclusive.
Government Spending Effect on HDI Indragiri Hilir: An ECM Approach
Economics Development Analysis Journal Vol 12 No 2 (2023): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v12i2.61053

Abstract

Indragiri Hilir Regency has the second lowest Human Development Index compared to the newly established regencies and cities in Riau province. However, Indragiri Hilir Regency has a relatively high allocation of development budget and per capita income compared to other regencies and cities. The objectives of the study were to determine whether the effect of the Indragiri Hilir government expenditure realization on the Human Development Index is cointegrated, to examine the long-term impact of expenditure realization on education, health, infrastructure, environmental, and social protection functions on the Human Development Index in Indragiri Hilir, and to analyze the short-term effects of environmental and social protection functions on the Human Development Index. The study employed the Error Correction Model (ECM) method, utilizing data from the period 2007 to 2021 obtained from the Directorate General of Fiscal Balance (DJPK) of the Indonesian Ministry of Finance for independent variables, while dependent variables were sourced from the Central Statistics Agency (BPS). The study findings revealed that government spending has a cointegrated influence on the Development Index. Furthermore, it was observed that the realization of government spending on education, health, and infrastructure functions did not significantly affect the Human Development Index in the Indragiri Hilir regency. In contrast, the realization of government spending on environmental functions showed a significant positive correlation. Similarly, the realization of Indragiri Hilir's government spending on social protection functions had a significant negative correlation. Therefore, the government of Indragiri Hilir Regency should assess expenditure realization on education, health, and infrastructure functions and introduce innovative programs. Increased spending on social protection led to a reduction in the Human Development Index.
Map Distribution of Factors Affecting Stunting in East Nusa Tenggara
Economics Development Analysis Journal Vol 12 No 2 (2023): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v12i2.64908

Abstract

Stunting is chronic malnutrition in children under five years of age, which results in disturbances in the growth and development of children. Several factors, such as economic, health, and environmental factors, can influence stunting. In this study, a distribution map of the factors influencing stunting in East Nusa Tenggara districts/cities will be formed using Geographically Weighted Regression with a Spatial Lag of X. The variables used are the percentage of infants under two years who are breastfed, the percentage of toddlers who receive complete immunization, the percentage of households that do not use defecation facilities, the percentage of mothers who do not attend formal education, the GRDP growth rate, actual expenditure per capita, and the newly formed variable, namely GRDP growth rate around the i-th observation locations. From the results, it can be concluded that the western part of East Nusa Tenggara has unaffected economic factors, and the eastern part is an area where almost all variables are influential. Only the percentage of mothers who do not attend formal education has no effect, and the northern part is an area with economic factors which has an effect. The southern part is an area with child health factors that have no effect
The Causality Relationship Between Growth and Inequality: Java and Sumatera Studies Candra Mustika; Parmadi Parmadi; Emilia Emilia; Rahma Nurjanah
Economics Development Analysis Journal Vol 12 No 2 (2023): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v12i2.64333

Abstract

This research article has the theme of the causal relationship between growth and inequality with the object of research being the provinces on the island of Java and Sumatra island. The purpose of this study is to identify and analyze conditions of inequality in income distribution and economic growth and to analyze whether there is a causal relationship between inequality income with economic growth in provinces on the island of Java and provinces on the island of Sumatra during the 2015-2020 period. The research method used is quantitative descriptive using the Granger causality test analysis tool. Based on the research results, the condition of economic growth in each province on Sumatra Island fluctuated, with the highest average economic growth in South Sumatra Province and the lowest in Riau Province. Inequality in the distribution of provincial income on the island of Sumatra fluctuates, the highest average income distribution inequality is in the provinces of South Sumatra and Bengkulu, and the lowest is in the province of the Bangka Belitung Islands. Meanwhile in Java, economic growth also fluctuated. The highest average economic growth was in DI Yogyakarta Province, and the lowest was in Central Java Province. Inequality in the distribution of provincial income in Java Island fluctuates, with the highest inequality in Yogyakarta province and the lowest in Central Java province. In addition, the results of the Granger causality test show that there is no one-way or two-way causality relationship between economic growth and income inequality on the islands of Sumatra and Java.

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