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INDONESIA
Jurnal Ekonika : Jurnal Ekonomi Universitas Kadiri
Published by Universitas Kadiri
ISSN : 25029304     EISSN : 25812157     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
Ekonika : Jurnal Ekonomi Universitas Kadiri publish by Faculty of Economics, Universitas Kadiri. The Journal of Ekonika first appeared in March of 2016. The journal is published twice a year, in April and September. Ekonika is a national scientific journals are open to seeking innovation, creativity and novelty. Either letters, research notes, articles, supplemental articles, or review articles in the field of Economic Development, Management, Human Resource, Accounting, etc. in practical and conception.
Arjuna Subject : -
Articles 336 Documents
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Socio-Demographic and Employment Dynamics on Indonesia's Economic Growth Sri Endang Saleh; Boby Rantow Payu
Ekonika : Jurnal Ekonomi Universitas Kadiri Vol. 11 No. 1 (2026): April 2026
Publisher : Fakultas Ekonomi Universitas Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30737/ekonika.v11i1.6853

Abstract

This study investigates labor and socio-demographic factors that contribute to regional economic growth in Indonesian provinces between 2020 and 2024. Using a regression analysis of a panel, we assess how several indicators, such as the population growth rate (PGR), proportion of working-age population (WAP), average years of schooling (AYS), labor force participation rate (LFPR), and formal employment (FE), shape regional GDP per capita. We adopted a Fixed Effect Model based on tests from Chow and Hausman. We find a significant negative impact from PGR, whereas significant positive contributions are from AYS and LFPR. However, there is no meaningful difference from zero for WAP and FE. The findings demonstrate a beneficial role of human capital and labor participation in regional broad-based growth.
Public Policy Design via Composite Indicators of Economic Development and Labor Absorption Muammil Sun'an; Nurul Hidayah; Nahu Daud
Ekonika : Jurnal Ekonomi Universitas Kadiri Vol. 11 No. 1 (2026): April 2026
Publisher : Fakultas Ekonomi Universitas Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30737/ekonika.v11i1.6980

Abstract

This study investigates the impact of regional economic development on labor absorption in North Maluku Province. To address the challenge of multicollinearity among development indicators, it proposes the use of a composite Economic Development Index (EDI). The EDI was constructed using Principal Component Analysis (PCA) based on four key indicators: Gross Regional Domestic Product (GRDP), minimum wage, urbanization rate, and investment. The first principal component (PC1), explaining 85.9% of the variance, was used as a unified predictor in a linear regression model to assess its relationship with labor absorption. Data were sourced from official statistics spanning 2013 to 2024. The PCA successfully condensed the multivariate dataset into a robust single index. Regression analysis using PC1 revealed a strong, positive, and statistically significant association with labor absorption, with an R-squared value of 0.833. This indicates that 83.3% of the variation in employment levels in North Maluku is explained by changes in the EDI. Findings emphasize the effectiveness of PCA in regional labor market studies and suggest that integrated improvements across GRDP, wages, urbanization, and investment substantially enhance employment. This methodological approach offers a replicable framework for policymakers aiming to design targeted and balanced regional development strategies.
Investment Decisions Among Young Investors: Mediating Role of Risk Perception and Risk Tolerance in Relationship Emotional Intelligence and Financial Literacy Siti Aisjah; Atim Djazuli; Cicik Retno Wati; Muhammad Fajrul Islam F; Wildan Fadhila; Nuraini Desty Nurmasari
Ekonika : Jurnal Ekonomi Universitas Kadiri Vol. 11 No. 1 (2026): April 2026
Publisher : Fakultas Ekonomi Universitas Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30737/ekonika.v11i1.7031

Abstract

This study investigates the influence of financial literacy and emotional intelligence on investment decisions among Generation Z in East Java, considering the mediating roles of risk perception and risk tolerance. Employing a quantitative approach, data were collected from 500 respondents aged 18–24 with valid single investor identification (SID) and prior capital market investment experience. The data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The findings reveal that financial literacy significantly affects investment decisions, risk perception, and risk tolerance; however, its indirect influence through risk perception and tolerance is not significant. Conversely, emotional intelligence has a direct and significant effect on investment decisions and also indirectly influences them through both mediating variables. These results underscore the importance of integrating emotional intelligence and risk management training into financial education programs targeting young investors. This research highlights the psychological dimensions of financial decision-making and provides practical insights for policymakers, educators, and financial institutions seeking to promote more informed and sustainable investment behavior.
Determinants of Personal Financial Management of the Millennial Generation with Self-Control as Moderation Adinda Azzahra; Rifa'atul Maftuhah; Rahila Ummah
Ekonika : Jurnal Ekonomi Universitas Kadiri Vol. 11 No. 1 (2026): April 2026
Publisher : Fakultas Ekonomi Universitas Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30737/ekonika.v11i1.7283

Abstract

The purpose of this study was to examine the influence of financial literacy (X1) and work environment (X2) on the personal financial management (Y1) of Millennials in Surabaya, with self-control (M1) as a moderating factor. The findings indicate that the work environment (X2) has a positive effect on financial management (Y1), and this effect is strengthened by self-control (M1). Financial literacy (X1) has a negative effect on financial management (Y1). Self-control (M1) is unable to moderate (strengthen/weaken) this effect. The research model strongly explains the independent variable (96%), but only explains 5.4% of the variation in personal financial management. The implication is that psychological and cultural factors in the workplace are more influential than financial knowledge for Millennials. A contextual and interactive financial literacy education strategy, accompanied by self-control training, is needed so that knowledge can be applied in managing personal finances.  
Why Popularity is Not Enough: Identity-Based Drivers of Green Purchase Value among Gen Z Consumers Naufal Dzakwana Muhammad; Agung Winarno; Fuad Abdul Fattah; Feri Dwi Riyanto; Rizka Fatkhin Nisa
Ekonika : Jurnal Ekonomi Universitas Kadiri Vol. 11 No. 1 (2026): April 2026
Publisher : Fakultas Ekonomi Universitas Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30737/ekonika.v11i1.7327

Abstract

The objective of this study is to understand the psychological mechanisms that affect green purchase value and willingness to pay more for green household products among Gen Z consumers in Indonesia, using the bandwagon effect and the need for uniqueness. This study used a quantitative approach, and 344 respondents were collected with the condition that Generation Z have experience purchasing, or care about green household products, and data was analyzed with PLS-SEM. The outcome is bandwagon effect has no affect on the green purchase value household products, while need for uniqueness has a affect. The green purchase value was proven to have a strong effect on the willingness to pay more. Furthermore, environmental self-efficacy negatively moderated the relationship between bandwagon effect and green purchase value and strengthened the relationship between need for uniqueness and green purchase value. By mapping the green consumption patterns of Generation Z in developing countries, we can see that individual-based mechanisms still play an important role, although they will differ from the surrounding social norms
The Impact of Flexible Working Arrangements on IT Employee Productivity: The Mediating Role of Job Quality Gatot Sasongko; Marcelin Herly Joy Luhukay
Ekonika : Jurnal Ekonomi Universitas Kadiri Vol. 11 No. 1 (2026): April 2026
Publisher : Fakultas Ekonomi Universitas Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30737/ekonika.v11i1.7477

Abstract

The implementation of flexible working arrangements (FWA) has become increasingly prevalent in the information technology (IT) sector, particularly following the growing demand for work flexibility in digital work environments. However, empirical findings regarding the effect of FWA on employee productivity remain inconsistent, indicating the need for further investigation by incorporating mediating factors. This study aims to analyze the effect of flexible working arrangements on IT employee productivity, with job quality serving as a mediating variable. This study employs a quantitative approach using a survey method. Primary data were collected through an online questionnaire distributed to IT employees in Indonesia who have experience working under flexible working systems. The sampling technique combined convenience sampling and purposive sampling, with the number of respondents meeting the analytical requirements for PLS-SEM. Data were analyzed using Partial Least Squares–Structural Equation Modeling (PLS-SEM) with the assistance of SmartPLS 4. The results indicate that flexible working arrangements have a positive and significant effect on both job quality and IT employee productivity. Furthermore, job quality is also found to have a positive and significant effect on employee productivity. The indirect effect analysis reveals that job quality partially mediates the relationship between flexible working arrangements and employee productivity. These findings provide theoretical implications by reinforcing the job demands–resources perspective in the context of flexible work, as well as practical implications for organizations, particularly in the IT sector, in designing flexible work policies that not only enhance flexibility but also improve job quality and employee productivity.

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