Al-Sharf: Jurnal Ekonomi Islam
Vol 6, No 3 (2025)

The Impact of Market Revitalization on Community Satisfaction and Trader Welfare (A Study on Paya Dua Market, North Aceh Regency)

Abrar, Muhammad (Unknown)
Isnawati, Putri (Unknown)



Article Info

Publish Date
29 Oct 2025

Abstract

Traditional markets play a strategic role in both local and national economies, serving not only as centers of economic transactions but also as spaces for social interaction and cultural preservation. This study analyzes the impact of the revitalization of Paya Dua Market, located in Banda Baro Subdistrict, North Aceh Regency, on community satisfaction and traders’ welfare. Employing a quantitative approach, the study involved 92 community members and 52 traders selected using accidental sampling techniques. Data were collected through structured questionnaires. The analysis results indicate that market revitalization has a positive and significant effect on community satisfaction (t = 3.509; p = 0.003), but no significant effect on traders’ welfare (t = -0.477; p = 0.682). Market revitalization contributed 68.2% to community satisfaction, whereas it accounted for only 0.13% of the variance in traders’ welfare, with the remainder influenced by other factors outside the scope of this research model.

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Journal Info

Abbrev

Mudharib

Publisher

Subject

Economics, Econometrics & Finance

Description

Al-Sharf: Journal of Islamic Economics published by the Rahmat Islamiyah Foundation, Medan, Indonesia. In this journal the articles contain articles about the fields of Islamic scientific research and Islamic education. Al-Sharf: Journal of Islamic Economics received manuscripts in the field of ...