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                  <text>Vol. 30 No. 1 (2022)</text>
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                <text>Dampak pandemi COVID-19 terhadap harga minyak dan pangan dunia: Analisis VECM</text>
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                <text>COVID-19, world oil prices, VECM granger causality</text>
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                <text>The study investigates the impacts of the COVID-19 pandemic on global oil price, global food price index, meat, and sugar commodity price index using vector error correction (VECM) model covering the sample period of 1st April 2020 to 31st August 2021. Data were collected mainly from WHO, FAO, and Macro Trend Websites. The result from VECM model indicates a strong cointegration relationship among the variables. In the short run, global oil price, meat price index, and sugar price index are negatively and significantly related to the COVID-19 pandemic. In the long run, the prices of these variables do not follow to the others, but there is negative reaction of global oil prices to meat and sugar price index. The COVID-19 pandemic increased the meat and sugar price index, but not significantly at the 5% level.</text>
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                <text>Reninta Dewi Nugraheni, Ika Inayah</text>
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                <text>perpustakaan horizon karawang</text>
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                <text>fajar bagus w</text>
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                  <text>Vol. 30 No. 1 (2022)</text>
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                <text>Does electricity consumption influence economic growth in Indonesia?</text>
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                <text>electricityconsumption, investment, ARDL-ECM, GDP</text>
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                <text>Te purpose of this study was to analyze the influence of electricity consumption, investment,  and school enrollment on economic growth of Indonesia from 1984-2018. Electricity is used by society in every activity including production and consumption. This study used ARDL-ECM method. Based on the estimation results, all variables were stationary at thefirst difference. Based on the empirical findings, the appropriate ARDL model was ARDL (1, 2, 1, 1). In the long run,  investment had a positive influence on economic growth and school enrollment had a negative influence on economic growth. Meanwhile, in the long run, electricity consumption is insignificant to the economic performance of Indonesia during the study period. However, in the short run, there was only investment had a significant and positive impact on economic growth in Indonesia. School enrollment and electricity consumption had no significant influence on economic growth. Speed of adjustment (ECT (-1)) had a significant influence on GDP. With the Qusum and QusumQ tests, the model showed feasible stability. Therefore, more vigorous electricity policies should be implemented for supporting economic growth</text>
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                <text>Vita Kartika Sari</text>
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                <text>perpustakaan horizon karawang</text>
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                <text>fajar bagus w</text>
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                  <text>Vol. 30 No. 1 (2022)</text>
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                <text>Effect of village funds and other variables on economic growth of Central Java Province 2015–2018</text>
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            <description>The topic of the resource</description>
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                <text>Economic growth, effectiveness, village funds, panel data regression</text>
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            <description>An account of the resource</description>
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                <text>The Economic growth of Central Java Province from 2015 to 2018 experienced a slowdown compared to other provinces in Java. One of the main focuses on improving the economy is fiscal decentralization which is manifested in the form of village funds. This is in line with one of nine development priorities for the next five years agendas, or  so-  called  Nawacita,  namely  to  develop  Indonesia  from  the  periphery  by  strengthening  regions  and  villages  within the framework of a unitary state. The village funds data from the Ministry of Finance shows that Central Java Province receives the largest village funds each year, but this does not necessarily increase economic growth in the recipient districts. In addition to the economic growth policy, the government also plans through investment and government spending. The purposes of this study are to determine the effectiveness of the village fund budget and the effect of the realization of village funds, capital expenditure, goods and services expenditure, and the level of open unemployment on economic growth. The method used in this study is the panel data regression analysis method with the research locus of 29 districts receiving village funds in Central Java Province from 2015 to 2018. The results of the study using the selected panel data regression model that is the Fixed Effect Model FGLS SUR show that all independent variables influence significantly to economic growth (GRDP). The variable realization of village funds and goods and services expenditure has a significant positive effect, while the variable realization of capital expenditure and the variable open unemployment has a significant negative effect on economic growth (GRDP). </text>
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            <description>An entity primarily responsible for making the resource</description>
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                <text>Rizka Amalia Farentina, Risni Julaeni Yuhan</text>
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            <name>Publisher</name>
            <description>An entity responsible for making the resource available</description>
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                <text>perpustakaan horizon karawang</text>
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                <text>2022</text>
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                <text>fajar bagus w</text>
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                <text>Jurnal Ekonomi dan Pembangunan Vol. 30 No. 2 Tahun 2022&#13;
THE CONSUMPTION EFFECT OF HOUSEHOLD DEBT: EVIDENCE FROM INDONESIA</text>
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                <text>consumption growth, household debt, autoregressive distributed lag, cointegration relationship&#13;
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            <description>An account of the resource</description>
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                <text>This paper empirically examines the relationship between household debt and household consumption growth&#13;
in Indonesia using the ARDL model. This paper employs quarterly time series data on Indonesian household&#13;
consumption expenditures and household debt from 2002 to 2017. The results of regression analysis showed negative&#13;
relationships between household debt and consumption growth in the long run, while positive linkage was found&#13;
in the short run. Specifically, in the long run, a 10 percentage points increase in household debt was associated&#13;
with decreasing household consumption growth by 6 percent. In contrast, in the short-run, a 10 percent increase&#13;
in household debt was associated with increasing consumption growth by 29 percentage points. Thus, although&#13;
the effect of household debt on consumption growth is positive in the short term, it is negative in the long term.&#13;
Interestingly, the positive effect is seen to decrease when the ratio of household debt to GDP is above 12.2 percent.</text>
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                <text>Pihri Buhaerah</text>
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                <text>https://jurnalekonomi.lipi.go.id/JEP</text>
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                <text>peri irawan</text>
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                  <text>Vol. 30 No. 1 (2022)</text>
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                <text>The correlation of international trade and growth in Indonesia</text>
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                <text>internationaltrade; export; import; granger causality; VECM.</text>
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                <text>Exports generate foreign exchange that can be used for economic activities. On the other hand, imports also give households and companies more choices in consuming goods. In other words, international trade provides advantages  for  each  country.  There  have  been  many  studies  that  attempt  to  empirically  prove  the  relationship  between  export-import  and  economic  growth.  The  aim  of  this  study  is  to  re-examine  the  relationship  between  exports, imports, and growth in the short run and long run in Indonesia. This study employed the Granger Causality test and VECM to find long-term and short-term respectively. This research used secondary data annually from 1980 to 2019. Result of this empirical study, we find correlating variables are GDP-Exports, GDP-Imports, and Imports-Exports in the long-term. These three long-term findings match the short-term findings explained by VECM modeling. According to these findings, the policy recommendation is Indonesia needs to import carefully because importing consumption goods is a sure way to deplete its own foreign exchange reserves. Second, based on our empirical found, importing intermediate goods can increase our export, so we suggest Indonesia should run substitution import strategy immediately.</text>
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                <text>Barianto Nurasri Sudarmawan</text>
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                <text>perpustakaan horizon karawang</text>
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                <text>fajar bagus w</text>
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                <text>indonesia</text>
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        <name>granger causality; VECM.</name>
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        <name>JURNAL NASIONAL MANAJEMEN</name>
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                  <text>Vol. 30 No. 1 (2022)</text>
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                <text>The Effect of Investment, National Government Expenditure, Exports, and Imports on Indonesia’s Economic Growth</text>
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            <name>Subject</name>
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                <text>nvestment, National Government Expenditure, Exports, Imports, Economic Growth</text>
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                <text>This study aims to see the effect of investment, government expenditure, exports, and imports on Indonesia’s economic growth. The type of this research is quantitative. This research was conducted using secondary data published by the World Bank. The data technique used is the documentation method. The data were analyzed through the Error Correction Model (ECM). The research period was annually from 1960 to 2018. The results of this study indicate as follows. (1) in the long term, investment negatively and significantly affects Indonesia’s economic growth with a value of -0.02% with a significance value (p) &lt; 0.05; in the short term, investment negatively and insignificantly affects Indonesia’s economic growth with a value of -0.001% with a significance value (p) &lt; 0.05. (2) In the long term, government control positively and significantly affects Indonesia’s economic growth by 7.75% with a significance value (p) &lt; 0.05; in the short term, government spending positively and significantly affects Indonesia’s economic growth by 7.75% with a significance value (p) &lt; 0.05. (3) In the long run, exports negatively and insignificantly affect Indonesia’s economic growth by 0.12% with a significance value (p) &lt; 0.05; in the short term, exports are negatively and significantly affected by -0.93% with a significance value (p) &lt; 0.10. (4) In the long term, imports positively and significantly affect economic growth by 1.53% with a significancevalue (p) &lt; 0.05; then, in the short term, imports also positively and significantly affect economic growth by 1.57%with a significance value (p) &lt; 0.05. (5) Simultaneously, investment, government expenditure, exports, and importspositively and significantly impact Indonesia’s economic growth, with an F- statistic value of 0.0000</text>
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                <text>Daniel Eka Bonokeling, Maimun Sholeh, Mispandi</text>
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                <text>perpustakaan horizon karawang</text>
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                <text>2022</text>
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                <text>fajar bagus w</text>
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                <text>english</text>
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        <name>Economic growth</name>
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        <name>Exports, Imports</name>
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        <name>JURNAL NASIONAL MANAJEMEN</name>
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        <name>National Government Expenditure</name>
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        <name>nvestment</name>
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