Jurnal Ilmu Ekonomi JIE

Macroeconomics, Domestic Credit and Institutional Quality on Foreign Direct Investment in ASEAN

Muhammad Rafiuddin, Hikmah Endraswati, Muhammad Ghafur Wibowo — Tue, 16 Jul 2024 00:00:00 +0700

Foreign Direct Investment (FDI) is one of the external capital flows that has many benefits for the host country in closing the savings and investment gap. The purpose of this study is to examine and explain the factors that affect the inflow of foreign capital to ASEAN countries from 2013-2022 through a fixed effect model approach. This study found that economic growth, open trade, and total domestic credit have a significant positive effect while institutional quality has a significant negative effect on FDI inflows in ASEAN countries. The findings of this study provide implications that can be taken into consideration for government agencies to make policies that are on the conditions of each country to attract investors to invest in ASEAN countries, especially in maintaining the country's economic growth rate, ease of access to global trade and finance followed by improvements in terms of bureaucratic reform of institutional quality.

Analysis of Indonesia - China Bilateral Economic Sector in the Joko Widodo Era Against Indonesia's GDP

Mochamad Reza Irdiansyah, Aris Soelistyo — Fri, 30 Aug 2024 00:00:00 +0700

The research aims to analyze the effect of Foreign Debt, Investment, Exports, and Imports on Indonesia's GDP in the era of President Joko Widodo. The research here uses a quantitative approach, so it is done to collect only the object of research. Indonesia and China are the objects of research. The results of this study can conclude that foreign debt and exports are significantly positive in the rate of national GDP. At the same time, China-Indonesia investment and imports are insignificantly negative in Indonesia's GDP. In Indonesia-China, bilateral cooperation in the investment and import sectors does not greatly affect Indonesia's GDP. Meanwhile, the impact of the foreign debt and export sectors affects Indonesia's GDP.

Analysis Absorption of Labor in the ASEAN Region

Alan Hafiludin, Idah Zuhroh, Firdha Aksari Anindyntha — Wed, 28 Aug 2024 00:00:00 +0700

This research aims to determine the impact of wages, investment, economic growth and internet users on labour absorption in all countries in the ASEAN region in 2014-2021. This research uses secondary data obtained from the World. The data analysis technique uses panel data regression analysis. Based on the findings of data analysis, the fixed effect model (FEM) is the model that best suits this research. The analysis results show that investment, economic growth, and internet users had a positive and significant effect on labour absorption in ASEAN in 2014-2021, while wages negatively and significantly impacted labour absorption in ASEAN in 2014-2021.

The The Influence of Exchange Rate, Export, Import and Economic Growth on Turkish Inflation

Risky Amelia Maharani, Zaenal Arifin — Sat, 31 Aug 2024 00:00:00 +0700

This study aims to analyze the effect of exchange rate, exports, imports, and economic growth on Turkey's inflation over 1992-2022. Using annual time series data, this study applies the multiple linear regression method to identify these variables' relationships. Before conducting the regression analysis, a stationarity test is performed using the second difference method to ensure that the data does not have significant trends or seasonal patterns. The results show that the exchange rate positively and significantly affects inflation in Turkey. Exports and economic growth show a positive but insignificant effect, while imports negatively and significantly affect inflation. These findings indicate that fluctuations in the exchange rate and import volume are more influential in determining the inflation rate in Turkey than exports and economic growth. This study concludes that an effective monetary policy to control inflation in Turkey should consider exchange rate management and import control. Other factors, such as exports and economic growth, may have less influence on inflation during the studied period.

Increasing Income Inequality Through Globalization And Financialization: Evidence From OECD Countries

Muhammad Budi Utama, Miftakhul Choiti — Sun, 21 Jul 2024 00:00:00 +0700

Globalization, financialization, and digital technology are expected to help economic sectors run more effectively so that they can be distributed to a country's people, which will reduce inequality. However, this is not the case in some countries, where globalization, financialization, and digital technology can worsen income inequality. Therefore, this study aims to see how far globalization and financialization can reduce income inequality by adding the effect of digital technology. This study was conducted in 10 OECD countries for 12 years, starting from 2010-2021, and was processed using the Eviews statistical tool. The results show that globalization worsens income inequality in OECD countries, financialization can reduce income inequality, and digital technology impacts income inequality in OECD countries.

Tourism Sustainability Strategy Analysis of the Lembung Pamekasan Mangrove Ecotourism Object Using the Analytic Network Process Approach

Moh. Zaini, Sutikno, Anita Kristina — Wed, 28 Aug 2024 00:00:00 +0700

This research uses the Analytic Network Process approach to analyze the priority of tourism sustainability strategies for the Pamekasan Lembung Mangrove Ecotourism object. The quantitative research approach with the ANP Super Decisions method is used to analyze the complexity of the problems of economic aspects, social aspects, environmental aspects, infrastructure aspects, and institutional aspects by measuring the priority level based on the ratio value, primary data obtained directly from expert respondents, academic experts, regulatory experts and practitioners. The results show that to create tourism sustainability; the most appropriate development strategy is the strategy of increasing the value of capital, investment and promotion with the highest priority value of 35%, as a solution to the problem of capital and tourist visits and focusing on economic aspects with a priority level of 27.9%, with implications for policy recommendations for the government in preparing regional development planning, especially for sustainable tourism development.

Strengthening the Inclusive Economy to Support the SDGs Through the Population Sector

Faizal Agil Nur, Setyo Wahyu Sulistyono — Mon, 12 Aug 2024 00:00:00 +0700

High economic growth not only helps improve welfare but is also an indicator of the success of a country's economic development. However, high economic growth cannot guarantee that everyone will get the same benefits. Therefore, this research aims to determine the role of the population sector in supporting the achievement of sustainable development goals (SDGs) in the context of strengthening an inclusive economy. This research uses secondary data from the World Bank and was carried out using multiple linear regression analysis techniques. The research results show that inflation, population, unemployment and per capita income significantly affect economic growth simultaneously. This study shows that Indonesia's inclusive economy still faces many challenges.

The Influence of Unemployment, Health, Education and Per Capita Income on the Number of Poor People in Bali Province

Dhisti Wafiq Fahira Hany, Hendra Kusuma — Sat, 31 Aug 2024 00:00:00 +0700

This study aims to determine the effect of unemployment, health, education, and per capita income on the number of poor people in Bali Province in 2018-2022. This study uses secondary data from the Central Bureau of Statistics of Bali Province. The data analysis technique used is panel data with the Common Effect Model approach. The results of the data analysis show that unemployment, health, elementary school education, high school education, college education, and per capita income significantly affect the number of poor people in Bali Province. In contrast, junior high school education does not significantly impact the number of poor people in Bali Province.

Analysis of Variables Determining Labor Absorption in Micro and Small Industries on the Island of Java

Fika Chairunisa Azhari, Ida Nuraini — Tue, 27 Aug 2024 00:00:00 +0700

Micro and small industries play a crucial role in economics. This research aims to determine the magnitude of the roles of micro and small enterprises in labour absorption on the islands of Java. The data analysis method uses panel data analysis with a random-effects model. The type of data in this research is panel data, namely a combination of cross-section and time-series data covering six provinces on the islands of Java in 2017-2022. The research results show that the variables of several industries and the production value of micro and small enterprises have a positive and significant effect on labour absorption on the islands of Java.

Determinants of Unemployment in 5 ASEAN Countries with Population as Moderation

M Rafli Hidayatullah, Wahyu Hidayat Riyanto — Sat, 31 Aug 2024 00:00:00 +0700

Total workforce unemployment occurred in ASEAN's 5 countries, namely Indonesia, Singapore, Thailand, the Philippines, and Malaysia, from 2001 to 2021, with the population variable as a moderating variable. The regression analysis in this study uses two models. Using two regression models is intended to compare the test results of the two regression models. The first regression model tests the effect of the two independent variables on the dependent variable. At the same time, the second regression model tests the impact of the moderating variables. The results of Partial Testing in this study indicate that Investment significantly negatively impacts unemployment. GDP growth has a positive and insignificant effect on unemployment, and inflation has a considerable positive impact on unemployment. Meanwhile, the Results of the Moderated Regression Analysis Test in this study show that the population is unable to moderate (weaken) the effect of Investment and GDP Growth on unemployment. Besides that, this study shows that the population can moderate (strengthen) the impact of inflation on unemployment.