Christien Simorangkir
Universitas Kristen Satya Wacana

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COPING STRATEGY IN TRANSPORTATION BUSINESS: CASE STUDY ON PUBLIC TRANSPORTATION IN BEKASI REGENCY Christien Simorangkir; Maria Agape Widya Prasetya; Nirvara Dinta Pirenaningtyas; Ignatya Larasati; Dhian Adhitya
Riset Ekonomi Pembangunan Vol 6, No 1 (2021): April 2021
Publisher : Universitas Tidar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31002/rep.v6i1.3033

Abstract

Corona Virus Disease 2019 (COVID-19) which originated from Wuhan, China has been addressed by the World Health Organization (WHO) as a global pandemic. The emergence of COVID-19 gives impact to the health of all people and the Indonesian economy. One of the economic sectors affected is the public transportation business. This study aims to explore the impact and how to survive in the public transportation sector amid COVID-19 pandemic. This study used a qualitative descriptive analysis with a case study method in Bekasi Regency, with data collection techniques of online and direct interviews. Based on the results of this study, it can be concluded that the impact of COVID-19 on public transportation businesses is a decrease in the amount of income and a decrease in the frequency of passengers. Every business actor has a different strategy for survival.
The Role of Fintech As East Java’s Economic Growth Drivers: An Empirical Analysis of The Sollow Economic Growth Model Christien Simorangkir; Maria Agape Widya Prasetya; Yohanes Krisna Purwadi
East Java Economic Journal Vol. 5 No. 2 (2021)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (625.304 KB) | DOI: 10.53572/ejavec.v5i2.66

Abstract

The COVID-19 pandemic has resulted in a slowdown in national economic growth and Financial Technology (Fintech) has the potential to play a role in economic recovery efforts. East Java is one of the provinces affected by the COVID-19 pandemic but has a very fast development of the financial technology industry prospective. This study aims to analyze how the influence of financial technology on economic growth in East Java within theframework of the Sollow economic growth model. By using the Error Correction Model analysis method for monthly data for the 2019-2020 period, this study provides the results that investment and population have an effect on East Java’s economic growth both in the short term and in the long term. Meanwhile, Fintech lending and commercial bank loans affect economic growth in East Java only in the long term. For this reason, the policyimplication of this research is that there needs to be a program to improve the quality of Human Resources (HR) and a more optimized financial literacy program for the community. Increasing public financial literacy will increase public understanding and use of fintech. Optimizing the use of fintech will become a driving engine for economic growth in East Java.