cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
Rochmat Aldy Purnomo
Contact Email
purnomo@umpo.ac.id
Phone
-
Journal Mail Official
ekuilibrium@umpo.ac.id
Editorial Address
-
Location
Kab. ponorogo,
Jawa timur
INDONESIA
Ekuilibrium : Jurnal Ilmiah Bidang Ilmu Ekonomi
Published by Universitas Muhammadiyah Ponorogo
ISSN : 1858165X     EISSN : 25287672     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
Ekuilibrium : Jurnal Ilmiah Bidang Ilmu Ekonomi is a journal published by the Economic Faculty, Universitas Muhammadiyah Ponorogo (Unmuh Ponorogo) in collaboration with Universitas Muhammadiyah Ponorogo Research and Community Service. Published twice a year (March and September), contains six to ten articles and receive articles in the field of economic and business review studies with research methodologies that meet the standards set for publication. Manuscript articles can come from researchers, academics, practitioners, and other economic observers who are interested in research in the field of economics.
Arjuna Subject : -
Articles 203 Documents
 1   2   3   4   5 
The Role of Performance Political Stability and Macroeconomic Attracting Foreign Direct Investment in ASEAN Ivada Nafiah Maulidiyah; Muhammad Khoirul Fuddin
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 19 No 1 (2024): March
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v19i1.2024.pp107-121

Abstract

Foreign direct investment (FDI) plays a crucial role in developing nations to raise the standard of living for their citizens and strengthen their economies. This research aims to investigate the effects of macroeconomic factors like GDP, inflation, and female employment in the industry on flows of foreign direct investment as well as factor political stability with a research focus on 5 ASEAN countries (Indonesia, Malaysia, Vietnam, Laos, Cambodia) with research 20 years. The research method used panel data regression with secondary data from the World Bank. The Fixed Effect Model is found to be the best model selection. The results showed that political stability variables as well as all macroeconomic fundamental variables as measured by GDP, Inflation, and Employment Females in Industry partially had a significant and positive effect on the inflow of Foreign direct investment in 5 ASEAN countries and simultaneously had a significant positive effect.
Analyses of Relationship between Economic Growth and Zakat Distribution: Some Comparative Studies between Indonesia and Malaysia Dimas Bagus Wiranatakusuma; Habibullah Habibullah
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 19 No 1 (2024): March
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v19i1.2024.pp18-41

Abstract

Zakat serves as an economic instrument within the framework of Islam and can serve as a substantial source of revenue for the state, contributing to the funding of various expenditures. In contrast to alternative revenue streams, zakat possesses explicit and comprehensive guidelines on its acquisition and allocation. The state bears the task of maximizing the efficiency of zakat institutions to effectively mobilize and allocate zakat monies as a catalyst for economic development. Indonesia utilizes a bottom-up approach for the collection of zakat, whereas Malaysia follows a top-down approach. Therefore, the present investigation focuses aims to examine the impact of zakat distribution on economic development in two selected nations. The examination focused on many variables, including GDP, Gini index, inflation, and zakat distribution. The period for the analysis spanned from 2001 to 2019, and the ARDL approach is being used for the purpose of doing data analysis. The findings suggest that the distribution of zakat did not exert a statistically significant impact on economic development, either in the short-term or long-term, within the contexts of both nations. Therefore, there is a need to promote the professional and efficient management of zakat to enhance its collection and facilitate its effective distribution.
Halal Awareness, Brand Image, and Viral Marketing: Three Key Factors Influencing Purchasing Decisions for Halal Skin Care and Cosmetics Products in Pontianak Yasir Hudzaifah; Wulan Purnama Sari; Risa Andriyani
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 19 No 1 (2024): March
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v19i1.2024.pp42-58

Abstract

This research aims to determine the influence of halal awareness, brand image, and viral marketing on the purchasing decisions of halal skincare and cosmetic products (a study on Generation Z in  the environment of Muhammadiyah University Pontianak). The research is conducted within the Muhammadiyah University Pontianak environment. The population of this study includes all students of Muhammadiyah University Pontianak born between the years 1995-2010. The sample for this research consists of 200 students from Muhammadiyah University Pontianak. The data collection technique used is a questionnaire employing a Likert scale. The data analysis technique in this research uses Structural Equation Modeling (SEM) PLS with the SmartPLS Version 3.2.9 program. The results of this research show that halal awareness and brand image do not have a significant influence on purchasing decisions, whereas viral marketing has a positive and significant impact on purchasing decisions for halal skincare and cosmetic products among Generation Z in the Muhammadiyah University Pontianak environment. This study contributes theoretically by exploring the influence of halal product awareness, brand image, and viral marketing variables on purchasing decisions among Generation Z in a university setting. The findings enhance insights into academic literature related to halal skincare and cosmetics, even though halal product awareness and brand image are not significant. Practically, these findings provide guidance for industry practitioners to enhance marketing strategies, especially in the context of viral marketing that has proven to have a positive impact on purchasing decisions. The novelty of the research lies in its focus on Generation Z and the use of the Structural Equation Modeling (SEM) PLS analysis method, contributing to theoretical, practical, and methodological understanding in the context of marketing halal skincare and cosmetic products among Generation Z in a university environment.
Banking Profitability Analysis: Company Cases on the Stock Exchange Indonesian Securities (BEI) Prince Charles Heston Runtunuwu; Hanafi Hussin
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 19 No 1 (2024): March
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v19i1.2024.pp73-91

Abstract

This study aims to investigate the impact of Loans to Deposit Ratio (LDR) on Return On Assets (ROA) in the context of banking institutions. LDR is used as an indicator of a bank's ability to meet obligations and credit demands, while ROA reflects the level of bank profitability. The signal theory is also adopted to explain the asymmetry of information between company management and other stakeholders. The data used in this study was obtained from banking institutions with sample consists of 25 banking companies listed on BEI during the 2016-2019 period. The results indicate that LDR has a significant impact on ROA. Higher LDR values indicate a larger amount of third-party funds channeled into credit, which in turn increases profitability through higher interest income. These findings are consistent with previous research indicating a positive relationship between LDR and ROA. The results of this study contribute to the understanding of factors influencing the financial performance of banking institutions. Banking practitioners and investors can use these findings as a basis for making better decisions in managing risks and enhancing profitability.
Structural Transformation in the Indonesian Economy: Why does 'Financial Development' Matter? Muana Nanga; William Widjaja
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 19 No 2 (2024): September
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v19i2.2024.pp213-222

Abstract

This study offers a comprehensive examination of Indonesia's process of changing its economic structure from 2000 to 2020. Structural transformation, characterized by changes in the distribution of jobs among different sectors, is crucial for fostering economic growth. It emphasizes phenomena such as the decrease in agricultural GDP shares, rural-urban migration and shifts in economic sectors, which resemble the patterns observed in emerging countries. Nevertheless, the rate of employment transformation is comparatively slower than the fluctuations in GDP, suggesting a more gradual and protracted process of structural change. The analysis focuses on obstacles to transformation, such as insufficient personnel and digital infrastructure. The study examines the relationships between structural transformation and economic indicators in the provinces of Indonesia from 2011 to 2022, utilizing panel data regression models. The findings indicate strong correlations between economic development, human capital, financial development, digital technology, and structural transformation. The study highlights the significance of tackling these elements to accelerate transformation. The policy implications of this proposal suggest that Indonesia should prioritize economic and digital growth, improve human capital, and strengthen the financial sector. This will lead to a more rapid and comprehensive structural transformation in the country.
The Effect of Market Structure on Sales of Coal Companies Listed on the Indonesia Stock Exchange (IDX) for the Period 2018 - 2022 Said Nur Octavianto; Amin Pujiati; Sucihatiningsih Dian Wisika Prajanti
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 19 No 2 (2024): September
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v19i2.2024.pp223-244

Abstract

The limited product diversification of the Indonesian coal mining industry underscores the imperative for the formulation of strategic business plans to navigate the intensifying market competition. This study aims to examine the market structure, the factors influencing sales, and the impact of market structure on the sales performance of coal mining companies in Indonesia. This study employs a quantitative method and utilizes a range of analytical techniques, including CR4, HHI, MES, CLR, PCM, and multiple linear regression. The CR4 and HHI analysis revealed that the market structure of coal mining companies in Indonesia is classified as a highly concentrated tight oligopoly. The MES analysis yielded the conclusion that new companies in the sector face significant barriers to market entry. The findings of the CLR analysis, which indicates that the coal mining sector is a capital-intensive industry, suggest that equity and capital factors are the primary contributors to the challenges faced by new companies attempting to enter the market. The results of the multiple linear regression analysis indicate that equity factors and production volume have a positive and significant effect on company sales. This finding is corroborated by the PCM analysis, which suggests that companies with low market share tend to set higher margins to obtain greater profits. Increasing investment levels may serve as a viable business strategy, particularly when supported by government policies aimed at fostering a secure and stable investment environment to enhance company equity and capital.
Regional Macro Policies for People's Happiness Ida Nuraini; Candra Fajri Ananda; Sri Muljaningsih; Setyo Tri Wahyudi
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 19 No 2 (2024): September
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v19i2.2024.pp172-184

Abstract

Currently, the most complete measure of community welfare is the happiness index because this measure is based on community subjectivity. This study aims to determine the effect of per capita income, minimum wage, income inequality and gross enrollment rates on the Happiness Index in Indonesia. The research objects are 34 provinces in Indonesia. The data used are secondary data for 2014, 2017 and 2021. The data source is the Indonesian Central Bureau of Statistics. Using the panel data regression, the results show that per capita income, income inequality, minimum wage and gross enrollment rates together have a significant effect on the happiness index. and partially the per capita income variable has no significant positive effect on the happiness index while income inequality has no significant negative effect on the happiness index, conversely the minimum wage variable and gross enrollment rate have a significant positive effect on the happiness index in Indonesia. In order to increase the happiness index, it is recommended that the provincial government periodically review the minimum wage policy, increase the gross enrollment rate and increase per capita income and reduce income inequality.
The Effects of Various Internal and External Factors on the Movement of the Indonesian Sharia Stock Index on the Indonesia Stock Exchange Eni Setyowati; Maulidah IH; Daryono Soebagiyo; Rafiq Azzam Al Afif; Annisa Nur Hidayah; Siti Masitoh; Ibrahim Sorie Kamara
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 19 No 2 (2024): September
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v19i2.2024.pp202-212

Abstract

This study analyzed several factors that affect the Indonesian Sharia Stock Index. The use of the inflation-currency rate, the availability of money, and the BI rate were all internal factors considered in this study. Meanwhile, the external factors used in this study were international gold and oil prices. The Engle-Granger Error Correction Model was used to analyze time series data in this study. The research used the monthly period started from May 2013 until January 2022. The long-term results of the research variables that could influence the exchange rate, total money supply, world oil prices, and world gold prices were all dependent on the Indonesian Sharia Stock Index. Meanwhile, the factors that influence the short-term movement of the ISSI exchange rates were inflation, and the BI rate variables.
Sustainability Analysis of the Revolving Fund Program of the LPDB (Revolving Fund Management Institution): MICMAC Method Approach Fino Rihab Dibihantoro; Ni Nyoman Reni Suasih
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 19 No 2 (2024): September
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v19i2.2024.pp245-259

Abstract

The importance of access to credit for micro, small, and household craft enterprises, including cooperatives, has become a major focus in improving working capital financing and capital accumulation to support industrial income. The government through the LPDB (Revolving Fund Management Institution) has launched a revolving fund program that aims to strengthen the capital base of cooperatives, increase the capacity of human resources in business and financial management, and increase the role of cooperatives in expanding employment opportunities and reducing poverty. According to data from the Cooperative Business Development Division of the Denpasar City MSME Cooperative Office, from 2021 to 2023, there were five cooperatives that received the LPDB revolving fund program, but did not consistently reapply for the funds. This raises concerns regarding the sustainability of the program and the factors that influence it. This study aims to identify the factors that influence the sustainability of the LPDB program for cooperatives in Denpasar City. Using the MICMAC (Matrix of Cross Impact Multiplications Applied to a Classification) analysis method, this study reveals that the revolving fund administration requirements and members' information and knowledge about the revolving fund have the most significant direct influence. These findings underscore the importance of simplifying the administrative process and improving member knowledge to ensure the success of the program. In addition, active member participation emerged as an important predictor of program sustainability, highlighting the importance of members' direct involvement in supporting their economic activities. Thus using this method can uncover critical factors, and provide a comprehensive understanding that can inform policy adjustments and strategic implementation to improve program sustainability.
Determinants of Rattan Industry Profitability in Cirebon, West Java Hesti Septianingsih; Istiqomah Istiqomah; Dwita Aprilia Floresti
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 19 No 2 (2024): September
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v19i2.2024.pp185-201

Abstract

This study aims to analyze the determinants of profit received by rattan handicraft home industries in Rattan Galmantro Tourism Village, Tegalwangi Village. The independent variables include capital, labor, product variety, digital marketing and technology. This study took a sample of 70 respondents selected through simple random sampling. The data is analyzed using income analysis and multiple linear regression. The results show that capital, labor and technology have a significant positive effect on profit while product variety and digital marketing do not have a significant effect on the profits of the rattan handicraft home industry in the Galmantro Rattan Tourism Village, Tegalwangi Village.

Page 3 of 21 | Total Record : 203

 1   2   3   4   5 

Filter by Year

2010 2026


Reset
Filter By Issues
All Issue Vol 21 No 1 (2026): March Vol 20 No 2 (2025): September Vol 20 No 1 (2025): March Vol 19 No 2 (2024): September Vol 19 No 1 (2024): March Vol 18 No 2 (2023): September Vol 18 No 1 (2023): March Vol 17 No 2 (2022): September Vol 17 No 1 (2022): March Vol 16 No 2 (2021): September Vol 16 No 1 (2021): March Vol 15 No 2 (2020): September Vol 15 No 1 (2020): March Vol 14 No 2 (2019): September Vol 14 No 1 (2019): March Vol 13 No 2 (2018): September Vol 13 No 1 (2018): March Vol 12 No 2 (2017) Vol 12 No 1 (2017) Vol 11 No 2 (2016): September Vol 11 No 1 (2016): Maret Vol 10 No 2 (2015): September Vol 10 No 1 (2015): Maret Vol 9 No 1 (2014): Maret Vol 8 No 2 (2013): September Vol 8 No 1 (2013): Maret Vol 7 No 1 (2012): Maret Vol 6 No 1 (2010): September More Issue