Measuring The Influence of The Central Business DistrictDevelopment of SDGs on The Growth and Income of People ‎Affected by The Development of The New Nusantara Capital City

  • Authors

    • Sugeng Susanto Universitas Raharja
    • Al Amin Faculty of Economics and Business, Universitas Airlangga, Surabaya, Indonesia and Universitas Islam Negeri Sjech M. Djamil Djambek Bukittinggi, Indonesia
    • Hardiansyah Padli Universitas Islam Negeri Sjech M. Djamil Djambek Bukittinggi, Indonesia
    • Yefri Joni Universitas Islam Negeri Sjech M. Djamil Djambek Bukittinggi, Indonesia
    • Windy Dwi Zhelsa Fithri Faculty of Economics and Business, Universitas Airlangga, Surabaya, Indonesia and BAZNAS Kabupaten Mojokerto
    • Shinta Lintang Nurillah Faculty of Economics and Business, Universitas Airlangga, Surabaya, Indonesia
    • Istiqom Shinta Hardiyanti Universitas Diponegoro, Semarang, Indonesia
    • Heru Widoyo Binus University
    • Julia Adelina Department of Tourism, Universitas Negeri Padang, Padang, Indonesia
    • Irnayenti Universitas Islam Negeri Sjech M. Djamil Djambek Bukittinggi, Indonesia
    • Marwini Universitas Diponegoro, Semarang, Indonesia
    https://doi.org/10.14419/q4d9fn39

    Received date: August 2, 2025

    Accepted date: August 9, 2025

    Published date: August 16, 2025

  • Sustainable Development Goals (SDGs); Economic Growth; Income; Central Business District

  • Abstract

    Purpose: This study aims to analyze the impact of implementing the Sustainable Development ‎Goals (SDGs) on community growth and Income using a quantitative approach. ‎

    Design/methodology/approach: This study employs SEM-PLS analysis using the WarpPLS ‎‎8.0 analysis tool, chosen due to its ability to analyze complex relationships between variables ‎through structural models. ‎

    Findings: The results of the analysis show that the SDGs have a positive and significant ‎influence on growth, with a regression coefficient (β) value of 0.90 and a p-value of 0.01, which ‎is smaller than the significance level of 0.05, indicating that the achievement of the SDGs ‎contributes significantly to the increase in economic growth rate. In addition, the SDGs also ‎have a positive and significant effect on people's Income, with a β value of 0.95 and a p-value ‎of 0.01, which is also smaller than 0.05. These findings show that the implementation of the ‎SDGs principles can accelerate economic growth and increase people's Income. Therefore, ‎development policies that support the achievement of the SDGs are critical to encouraging ‎sustainable economic welfare, and sustainable development policies to prioritize the ‎achievement of the SDGs goals to support long-term financial welfare.‎

    Practical implications: By systematically tracking these metrics, stakeholders can begin to ‎quantify how and to what extent CBD and SDG-integrated development in Nusantara influences ‎economic growth, people's incomes, and social-environmental wellbeing, grounding bold ‎national goals in tangible, measurable outcomes.‎

    Social implications: The development of Nusantara's CBD presents a pivotal opportunity to ‎create a just, inclusive, and culturally rooted capital if social dimensions are prioritized, ‎including the recognition and protection of the rights of indigenous peoples. Empower ‎communities in design and implementation. Foster inclusive spaces and equitable housing. ‎Promote social cohesion through cultural preservation. Monitor outcomes through SDG-aligned, ‎transparent frameworks. This is a rare opportunity for a socially resilient capital one that ‎reflects the SDG vision in motion, not just concrete and towers.‎

    Research limitations/implications: To robustly measure the impacts of CBD SDG on growth ‎and Income in Nusantara-affected populations, research must: bridge data and voice gaps ‎through mixed methods, apply rigorous quasi-experimental designs with control comparisons, ‎and Track outcomes longitudinally aligned with SDG metrics. Embed equity, ecological, and ‎governance dimensions into all analyses.‎

    Originality/value: By emphasizing the fusion of CBD planning, SDG integration, and local ‎Income methodological innovation, your research will stand out as an original and valuable ‎contribution, offering both academic rigor and high policy utility for Nusantara and beyond.

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  • How to Cite

    Susanto, S. ., Amin, A., Padli, H. ., Joni, Y. ., Fithri, W. D. Z. ., Nurillah, S. L. ., Hardiyanti, I. S. ., Widoyo, H. ., Adelina, J. ., Irnayenti, & Marwini. (2025). Measuring The Influence of The Central Business DistrictDevelopment of SDGs on The Growth and Income of People ‎Affected by The Development of The New Nusantara Capital City. International Journal of Accounting and Economics Studies, 12(4), 447-454. https://doi.org/10.14419/q4d9fn39