Journal of Applied Economics in Developing Countries
Vol 7, No 1 (2022): Journal of Applied Economics in Developing Countries

ECONOMIC ADAPTATION STRATEGY FOR PEDICAB RIDERS FACING MODERN COMPETITION IN THE CITY OF SOLO

Woro Wijayanti (Faculty of Economics and Business, Universitas Sebelas Maret)
Vincentius Hadi Wiyono (Faculty of Economics and Business, Universitas Sebelas Maret)
Rr. Retno Sugiharti (Faculty of Economics, Universitas Tidar)



Article Info

Publish Date
30 Mar 2022

Abstract

Modernization has impacted all aspects of life, including transportation. As technology advances, innovations in transportation increase, leading to more convenient options like motorbike taxis, traditional taxis, and online-based transportation. This progress negatively affects conventional vehicles, such as pedicabs. This research focuses on modernization's impact on pedicab drivers in Solo, examining their characteristics and economic adaptation strategies. Data were collected through questionnaires, interviews, and observations. The analysis revealed that age, education level, and address significantly influence drivers' decisions to take side jobs, while the number of dependents and monthly income do not. Pedicab drivers adapt economically by having part-time jobs, saving money, and receiving support from working family members.

Copyrights © 2022






Journal Info

Abbrev

jaedc

Publisher

Subject

Economics, Econometrics & Finance

Description

FOCUS This journal focused on economics, business, and management in developing countries studies and presents developments through the publication of articles and research reports. SCOPE The Journal of Applied Economics in Developing Countries (JAEDC) specializes on Economics, Business, and ...