The impact of pandemic COVID-19 on remittances and macroeconomy fundamental in ASEAN 6

Komariyah, Siti; Yuliati, Lilis; Adenan, Moh; Wahyu P, Fajar

doi:10.22437/ppd.v10i1.15476

Akses terbuka Jurnal

The impact of pandemic COVID-19 on remittances and macroeconomy fundamental in ASEAN 6

Jurnal Perspektif Pembiayaan dan Pembangunan Daerah · Vol. 10 No. 1 (2022) · hlm. 1–12

DOI: 10.22437/ppd.v10i1.15476
ISSN: 2355-8520, 2338-4603
Terbit: 2022-04-30
Penerbit: Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi
Bahasa: en
Lisensi: creativecommons.org/licenses/by/4.0

Abstrak

Globalization and liberalization increasingly provide opportunities for each country to increase regional and global cooperation. Socio-economic integration is also increasing, along with community cooperation in the regional and global scope. This study aims to determine the effect of remittances and other macroeconomic variables such as FDI, inflation, and export-import on GDP per capita in ASEAN 6 countries. The panel data analysis method used is regression using panel data sourced from the World Bank and ASEAN datasets in the form of annual data. The estimation results from FEM found that exports and remittances showed a significant positive effect on GDP per capita in ASEAN 6. In addition, imports showed a significant negative effect on GDP per capita in ASEAN 6. Meanwhile, several macroeconomic variables that were not significant were FDI, which showed a significant negative effect. Positive but not significant, inflation has a negative but not significant effect on GDP per capita in ASEAN 6. The emphasis on the positive effect of remittances on GDP per capita proves that the flow of remittances into developing countries will help increase income per capita. Vice versa, a crisis that hinders the increase in the enthusiasm of emigrants. The COVID-19 pandemic delays the emigrant's production activities and increases that will hinder the flow of remittances into the country of origin, such as in ASEAN 6 countries.

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9 penulis · 15 tautan kepenulisan bersama · 6 lintas organisasi

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Universitas Jember
Politeknik Negeri Jember
Sunan Gunung Djati State Islamic University Bandung
Institut Teknologi dan Sains Mandala

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Rekan penulis	Organisasi	Artikel bersama
Mustofa Mustofa	Sunan Gunung Djati State Islamic University Bandung	2
Nely Supeni	Institut Teknologi dan Sains Mandala	2
Ananda Fauziah Mukti	Universitas Jember	1
Riniati	Universitas Jember	1
Raden Alamsyah Sutantio	Politeknik Negeri Jember	1

Afiliasi berasal dari OpenAlex; metadata OAI-PMH jurnal tidak memuatnya. Penulis tanpa ID OpenAlex dicocokkan berdasarkan nama, sehingga dua orang bisa tergabung atau satu orang bisa terpisah.

Sumber metadata: OAI-PMH (metadata jurnal) https://online-journal.unja.ac.id/index.php/JES/oai, pertama di-harvest 6 Nov 2026, terakhir terlihat 8 Nov 2026.

Metadata asli (oai_dc)

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	<dc:title xml:lang="en">The impact of pandemic COVID-19 on remittances and macroeconomy fundamental in ASEAN 6</dc:title>
	<dc:creator xml:lang="en">Komariyah, Siti</dc:creator>
	<dc:creator xml:lang="en">Yuliati, Lilis</dc:creator>
	<dc:creator xml:lang="en">Adenan, Moh</dc:creator>
	<dc:creator xml:lang="en">Wahyu P, Fajar</dc:creator>
	<dc:subject xml:lang="en">Internation migration</dc:subject>
	<dc:subject xml:lang="en">Macroeconomy</dc:subject>
	<dc:subject xml:lang="en">Pandemic COVID-19</dc:subject>
	<dc:subject xml:lang="en">Remittances</dc:subject>
	<dc:description xml:lang="en">Globalization and liberalization increasingly provide opportunities for each country to increase regional and global cooperation. Socio-economic integration is also increasing, along with community cooperation in the regional and global scope. This study aims to determine the effect of remittances and other macroeconomic variables such as FDI, inflation, and export-import on GDP per capita in ASEAN 6 countries. The panel data analysis method used is regression using panel data sourced from the World Bank and ASEAN datasets in the form of annual data. The estimation results from FEM found that exports and remittances showed a significant positive effect on GDP per capita in ASEAN 6. In addition, imports showed a significant negative effect on GDP per capita in ASEAN 6. Meanwhile, several macroeconomic variables that were not significant were FDI, which showed a significant negative effect. Positive but not significant, inflation has a negative but not significant effect on GDP per capita in ASEAN 6. The emphasis on the positive effect of remittances on GDP per capita proves that the flow of remittances into developing countries will help increase income per capita. Vice versa, a crisis that hinders the increase in the enthusiasm of emigrants. The COVID-19 pandemic delays the emigrant's production activities and increases that will hinder the flow of remittances into the country of origin, such as in ASEAN 6 countries.</dc:description>
	<dc:publisher xml:lang="en">Program Magister Ilmu Ekonomi  Pascasarjana Universitas Jambi</dc:publisher>
	<dc:date>2022-04-30</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:type xml:lang="en">Peer-reviewed Article</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://online-journal.unja.ac.id/JES/article/view/15476</dc:identifier>
	<dc:identifier>10.22437/ppd.v10i1.15476</dc:identifier>
	<dc:source xml:lang="en">Jurnal Perspektif Pembiayaan dan Pembangunan Daerah; Vol. 10 No. 1 (2022): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah; 1 - 12</dc:source>
	<dc:source>2355-8520</dc:source>
	<dc:source>2338-4603</dc:source>
	<dc:language>en</dc:language>
	<dc:relation>https://online-journal.unja.ac.id/JES/article/view/15476/13309</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2022 Siti Komariyah, Lilis Yuliati, Moh Adenan; Fajar Wahyu P</dc:rights>
	<dc:rights xml:lang="en">https://creativecommons.org/licenses/by/4.0</dc:rights>
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