INVESTMENT AND EXPORT EFFECT ON POVERTY THROUGH GROWTH: EVIDENCE FROM INDONESIA’S NICKEL PRODUCING PROVINCES
Abstract
This study investigates the effect of investment and exports on poverty, considering the role of economic growth as a mediating variable. It uses a quantitative approach through path analysis and panel data from 2013 to 2024 in four nickel-producing provinces, namely North Maluku, Southeast Sulawesi, South Sulawesi, and Central Sulawesi. The results show that investment and exports contribute directly to economic growth, but only investment has a significant impact on poverty reduction. Indirectly, neither has a significant effect on poverty through economic growth. These findings indicate that the growth that has occurred is not yet inclusive, so it is necessary to strengthen access to basic services and create jobs in labor-intensive sectors to encourage a more equitable distribution of economic benefits.
Keywords
Full Text:
PDFReferences
Anwar, A. I., Hamrullah, & Asyraf, A. (2024). The Effect of Aggregate Expenditure on Poverty Level in West Sulawesi Province. Advances in Economics, Business and Management Research, 542–555. https://doi.org/10.2991/978-94-6463-400-6_41
Asrian, W., & Saharuddin. (2024). The Effect of Investment, Interest Rates and Poverty on Economic Growth in Indonesia. Journal of Malikussaleh Public Economics, 7(1), 26–36. https://ojs.unimal.ac.id/index.php/jompe/article/view/17027/0
Botutihe, A. N., & Paksi, A. K. (2024). Dampak Strategi Investasi Nikel Indonesia terhadap Pertumbuhan Ekonomi di Dalam Negeri. Iltizam Journal of Shariah Economic Research, 8(2), 178–192. https://ojp.lp2m.uinjambi.ac.id/index.php/iltizam/article/view/2769
Clark, J. B. (1907). The Distribution of Wealth: A Theory of Wages, Interest and Profits. London: Macmillan.
Corden, W. M., & Neary, J. P. (1982). Booming Sector and De-industrialisation in a Small Open Economy. The Economic Journal, 92(368), 825–848. https://doi.org/10.2307/2232670
Ennin, A., & Wiafe, E. A. (2023). The impact of mining foreign direct investment on economic growth in Ghana. Cogent Economics & Finance, 11(2). https://doi.org/10.1080/23322039.2023.2251800
Helpman, E., & Krugman, P. (1985). Market Structure and Foreign Trade: Increasing Returns, Imperfect Competition, and the International Economy. Cambridge: MIT Press.
Ika, S. (2017). Kebijakan Hilirisasi Mineral: Policy Reform untuk Meningkatkan Penerimaan Negara. Kajian Ilmu Ekonomi & Keuangan, 1(1), 42–67. https://doi.org/10.31685/kek.v1i1.259
IMF. (2021). World Economic Outlook: Recovery During a Pandemic. International Monetary Fund. https://www.imf.org/en/Publications/WEO/Issues/2021/10/12/world-economic-outlook-october-2021
Kakwani, N., & Pernia, E. M. (2000). What is Pro-Poor Growth? Asian Development Review, 18(1), 1–16. https://doi.org/10.1142/S0116110500000014
Leonard, A., Novianti, T., & Mulatsih, S. (2021). Analysis of the Impact of Exports and Investment on Indonesian Economic Growth. International Journal of Scientific Research in Science, Engineering and Technology, 8(5), 92–101. https://doi.org/10.32628/IJSRSET21853
Lewis, W. A. (1954). Economic Development with Unlimited Supplies of Labour. The Manchester School, 22(2), 139–191. https://doi.org/10.1111/j.1467-9957.1954.tb00021.x
Ministry of Energy and Mineral Resources of Indonesia. (2023). Potensi Menjanjikan, Nikel RI Bakal Laris Manis Pikat Investor. https://www.esdm.go.id/id/media-center/arsip-berita/potensi-menjanjikan-nikel-ri-bakal-laris-manis-pikat-investor-
Ola Langoday, T. (2024). The effect of use-side gross domestic product on poverty level achievement in Indonesia. Zbornik Radova Ekonomskog Fakulteta u Rijeci, 42(2), 361–379. https://doi.org/10.18045/zbefri.2024.2.4
Pink, B., & Laoli, N. (2023). Nilai Ekspor Indonesia Meningkat Signifikan Pasca Kebijakan Hilirisasi. Kontan.Co.Id. https://newssetup.kontan.co.id/news/nilai-ekspor-indonesia-meningkat-signifikan-pasca-kebijakan-hilirisasi
Prawoto, N., & Basuki, A. T. (2022). Factors Affecting Poverty in Indonesia A Panel Data Approach. Quality - Access to Success, 23(186). https://doi.org/10.47750/QAS/23.186.20
Primadianti, A., & Sugiyanto, C. (2021). Ketimpangan Wilayah dan Pertumbuhan Ekonomi Pro-Poor di Provinsi NTB. Jurnal Dinamika Ekonomi Pembangunan, 4(2), 115–130. https://doi.org/10.14710/jdep.3.1.1-20
Ravallion, M. (2001). Growth, Inequality and Poverty: Looking Beyond Averages. World Development, 29(11), 1803–1815. https://doi.org/10.1016/S0305-750X(01)00072-9
Ricardo, D. (1817). On the Principles of Political Economy and Taxation.
Rizal, Y., & Rahayu, S. (2020). Pengaruh Investasi dan Pengangguran terhadap Pertumbuhan Ekonomi serta Kemiskinan di Provinsi Aceh. Jurnal Samudra Ekonomika, 4(1), 81–90. https://ejurnalunsam.id/index.php/jse/article/view/2219
Romer, P. M. (1990). Endogenous Technological Change. Journal of Political Economy, 98(5), 71– 102. https://doi.org/10.1086/261725
Ruslam, & Anwar, A. F. (2020). Menelusur Relasi Investasi, Konsum Rumah Tangga, Pengeluaran Pemerintah dan Sektor Pertambangan terhadap Pertumbuhan Ekonomi. ICOR: Journal of Regional Economics, 1(1 Desember).
Simarmata, Y. W., & Iskandar, D. D. (2022). Pengaruh Pengeluaran Pemerintah, Investasi, Jumlah Penduduk, Kemiskinan Terhadap Pertumbuhan Ekonomi dan Indeks Pembangunan Manusia: Analisa Two Stage Least Square untuk Kasus Indonesia. Jurnal Dinamika Ekonomi Pembangunan, 5(1), 78–94. https://doi.org/10.14710/jdep.5.1.78-94
Soeparno, W. S. I., Hasyim, S., Rusydiana, A. S., Nasution, I. G. S., & Anggia, Y. (2025). How Does Ores and Metal Exports, Fuel Exports and Inflation Affect Economic Growth in Indonesia? An Autoregressive Distributed Lag Approach. International Journal of Economics and Financial Issues, 15(2), 19–27. https://doi.org/10.32479/ijefi.17327
Solow, R. M. (1956a). A Contribution to the Theory of Economic Growth. The Quarterly Journal of Economics, 70(1), 65–94. https://doi.org/10.2307/1884513
Solow, R. M. (1956b). A Contribution to the Theory of Economic Growth. Quarterly Journal of Economics, 70(1), 65–94. https://doi.org/10.2307/1884513
Sukirno, S. (2007). Makroekonomi Modern. Depok: Raja Grafindo.
Sun, J., Zhou, H., & Huang, Z. (2024). The future nickel metal supply for lithium-ion batteries. Green Chemistry, 26(12), 6926–6943. https://doi.org/10.1039/D4GC01980F
Supratiyoningsih, L., & Yuliarmi, N. N. (2022). Pengaruh Investasi, Pengeluaran Pemerintah, Tenaga Kerja terhadap Pertumbuhan Ekonomi dan Tingkat Kemiskinan di Provinsi Bali. E-Jurnal Ekonomi Dan Bisnis Universitas Udayana, 11(1). https://doi.org/10.24843/EEB.2022.v11.i01.p01
Tobondo, C. S., Nurdin, D., & Jokolelono, E. (2021). The Effect of Investment on Poverty with Economic Growth as An Intervening Variables in Central Sulawesi. International Journal of Social Sciences and Management, 8(1), 320–332. https://doi.org/10.3126/ijssm.v8i1.34127
Todaro, M. P., & Smith, S. C. (2011a). Economic Development (11th ed.). London: Pearson.
Todaro, M. P., & Smith, S. C. (2011b). Pembangunan Ekonomi (11th ed.). Semarang: Erlangga.
Vidriza, U., & Talmera, D. A. (2024). How Public and Private Investment Reduces Poverty: A Case Study of Provinces with Nickel Production in Indonesia. The 3rd Jakarta Economic Sustainability International Conference (3rd JESICA), 211–222. https://doi.org/10.18502/kss.v9i20.16514
Warburton, E. (2024). Nationalist enclaves: Industrialising the critical mineral boom in Indonesia. The Extractive Industries and Society, 20(101564). https://doi.org/10.1016/j.exis.2024.101564
World Bank. (2020). Poverty and Shared Prosperity 2020: Reversals of Fortune. World Bank Group. https://www.worldbank.org/en/publication/poverty-and-shared-prosperity-2020
DOI: https://doi.org/10.20961/jaedc.v10i2.101700
Refbacks
- There are currently no refbacks.
Copyright (c) 2025 Muhammad Yusrun Najah

This work is licensed under a Creative Commons Attribution 4.0 International License.
|