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Contact Name
Bincar Nasution
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info@ipinternasional.com
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+6285360415005
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journal.ijec@gmail.com
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Sumatera utara
INDONESIA
International Journal of Economics (IJEC)
ISSN : -     EISSN : 2961712X     DOI : https://doi.org/10.55299/ijec
Core Subject : Economy,
International Journal of Economics (IJEC) E-ISSN. 2961-712X is a refereed publication that comes to address the Economic and Administration challenges that economic units of various nature face in today’s rapidly changing international economic environment. It is designed to publish original and high quality research work that will cast light in contemporary issues and will pave the way for the application of mould-braking solutions. IJEC’s general scope is to stimulate, promote and disseminate contemporary research that will have a significant impact on the theory and practice of Businesses, Public Organizations and other Institutions. IJEC’s aims to bridge the gap between theoretical developments and applied, policy-oriented research, becoming the ideal vehicle of advancing innovative ideas in the framework of entities’ economic management and general administration. In this context, the International Journal of Economics (IJEC) is bound to have a distinctive interdisciplinary profile, destined to cover a wide variety of topics spanning from Business Economics to Management, Finance, Accounting, Insurance, Risk Management, Auditing, Banking, International Economics, and Social Science. The ultimate mission of the International Journal of Economics (IJEC) is to constitute a valuable resource of scientific knowledge and applied research results for academics, practitioners and policy-makers becoming an indispensable ally in tackling modern economy’s challenges.
Articles 66 Documents
Search results for , issue "Vol. 4 No. 2 (2025): July-December" : 66 Documents clear
Analysis and Implementation of Financial Reporting and Tax Obligations for The Sustainability of Village-Owned Enterprises (Case Study of BUMDes Cipayung) Budianti, Wiwik; Budiman Slamet; Ananda Trifadiya Nur Aqila
International Journal of Economics (IJEC) Vol. 4 No. 2 (2025): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v4i2.1536

Abstract

The enactment of Government Regulation Number 11 of 2021 reaffirms the role of BUMDes as pillars of economic activities in villages, functioning as both social and commercial institutions. For sustainability, these functions require financial management and compliance. BUMDes, as entities, are corporate taxpayers as they fulfill the two elements of taxation: subjective and objective obligations. The purpose of this research is to analyze the Self-Assessment System at BUMDes Cipayung and determine whether the financial reports used to calculate taxes are in accordance with accounting standards. This study employs a qualitative descriptive method, using income statements as quantitative data, along with research and interviews. The results indicate that BUMDes Cipayung has not yet fulfilled its tax obligations. BUMDes also show errors in recording revenue; therefore, financial statements are not accurate and complete. Inadequate past management accountability is one of the reasons for fulfilling Corporate Income Tax obligations. For 2022 and 2023, BUMDes should be able to calculate and pay Corporate Income Tax using the general income tax rate (Article 31E)
Fiscal Policy Analysis on Economic Growth in Indonesia Period 2010-2023 (VECM Approach) Dara Ditha, Meylani; Muhammad Iqbal; Zulaikah
International Journal of Economics (IJEC) Vol. 4 No. 2 (2025): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v4i2.1424

Abstract

This study analyzes the effect of fiscal policy on Indonesia's economic growth in the period 2010-2023 using the Vector Error Correction Model (VECM) approach. The results show that capital expenditure has the most significant effect on economic growth in the long term, with the highest fiscal multiplier compared to other instruments. Social spending and subsidies also contribute positively to growth, especially in maintaining people's purchasing power during periods of crisis, such as the COVID-19 pandemic. In terms of revenue, value added tax and income tax show a positive correlation with economic growth, although their effectiveness depends on the tax structure and taxpayer compliance. This study also finds that a well-managed budget deficit can act as a development instrument that encourages productive investment and increases economic output sustainably. In addition, the analysis of the impulse response function (IRF) and forecast error variance decomposition (FEVD) shows that government spending instruments have a greater impact than tax instruments on the dynamics of Indonesia's economic growth. The policy implications of this study emphasize the need to optimize capital spending, reform social spending, increase the tax ratio through comprehensive tax reform, and manage the deficit wisely to maintain fiscal stability. In conclusion, effective and targeted fiscal policy can be a major catalyst in accelerating economic growth and supporting the structural transformation of the Indonesian economy towards a more inclusive and sustainable direction.
The Effectiveness Of Knowledge-Based Economy On China's Economic Growth Sinaga, Dearlina; Manullang, Marihot
International Journal of Economics (IJEC) Vol. 4 No. 2 (2025): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v4i2.1481

Abstract

This study aims to discuss the Effectiveness of Knowledge-Based Economy on China's Economic Growth. The research design used is quantitative correlation where this study is a study that investigates the extent to which variations in a factor are related to variations in one or more other factors based on the correlation coefficient, while what is meant by quantitative research is research where the data used is in the form of numbers. In this knowledge era, the potential of natural resources owned by a country does not guarantee a country is able to develop and grow the economy sustainably, in this case many developed countries also implement a knowledge-based economy, especially China where China is able to implement a knowledge-based economy and can be declared successful and able to grow its economic growth well, when compared to countries that follow the basics of a knowledge-based economy. China in its level of development which is none other than implementing the concept of a knowledge-based economy can be called successful by looking at the level of economic growth which every year shows increasingly positive results where the growth is 10% growth. In the 1980s when China was still experiencing a political dilemma of the state by adopting a socialist stream that still could not develop well, but when the change of leadership and the change of stream where the stream adopted was capitalism showed drastic changes.
The Influence of Marketing Mix 4p on The Loyalty of K-Pop Music Concert Audiences in Jakarta Dita Hernita; Dewi Djunaedi, Mira Kartika
International Journal of Economics (IJEC) Vol. 4 No. 2 (2025): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v4i2.1484

Abstract

The popularity of K-Pop in Indonesia continues to rise, with Jakarta frequently hosting major concerts that attract thousands of spectators. The increasing demand for K-Pop concerts has created competition among promoters, who must compete to provide the best experience for audiences through effective marketing strategies. This study aims to measure the effect of the 4P marketing mix strategy (Product, Price, Venue, Promotion) on the loyalty of K-Pop concertgoers in Jakarta. The research method used is quantitative with primary data collection through an online questionnaire. The population is aimed at millennials or generation Z who have attended a K-Pop concert in the last 3 months and are domiciled in DKI Jakarta. The research sample consisted of 115 respondents selected using purposive sampling techniques. Structural Equating Modeling (SEM) was used to determine the hypothesis testing between variables with SmartPLS software. The conclusion of this study shows that the four 4P marketing mix variables significantly influence the loyalty of K-Pop concertgoers in Jakarta. These results are expected to provide practical insights for K-Pop concert promoters and organizers in formulating effective marketing strategies to increase audience loyalty
The Role of Work Motivation In Mediating the Effect of Workload and Work Culture on Employee Performance at the Uptd Of the Kerthi Bali Sadhajiwa Health Laboratory Center, Bali Province Health Office Sri Indriani, Ida Ayu; Nengah Landra; Putu Kepramareni
International Journal of Economics (IJEC) Vol. 4 No. 2 (2025): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v4i2.1495

Abstract

This study explores the role of work motivation as a mediating factor between workload and work culture on employee performance at the UPTD Kerthi Bali Sadhajiwa Health Laboratory Center. With a population of 113 employees, a quantitative approach was employed using Structural Equation Modeling (SEM) with a Partial Least Squares (PLS) method for data analysis. The findings indicate that both workload and work culture significantly influence work motivation and employee performance. Specifically, while workload directly impacts employee performance, it does not significantly mediate through work motivation. In contrast, work culture positively influences both work motivation and employee performance, demonstrating partial mediation. The results emphasize the importance of a supportive work environment and effective workload management to enhance employee performance. Recommendations for management include fostering a positive work culture and developing motivational strategies to sustain employee engagement and productivity
The Effect of Advertising Attractiveness, Influencer Marketing, Online Customer Reviews on Brand Image and Purchase Decision: - Yuliana Qofifah; Rojuaniah
International Journal of Economics (IJEC) Vol. 4 No. 2 (2025): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v4i2.1525

Abstract

Advances in digital technology have changed the way companies interact with consumers, including in marketing communication strategies. In the context of the highly competitive telecommunications industry, the use of digital media is one of the keys to building brand image and influencing consumer purchasing decisions. This study was conducted to specifically analyze purchase decisions as a key variable influenced by various digital marketing communication factors, namely advertising attractiveness, influencer marketing, and online customer reviews, which then shape brand image. The purpose of this study was to more specifically measure the influence of advertising attractiveness, influencer marketing, and online customer reviews on brand image, as well as their impact on purchase decisions among Telkomsel product consumers in Wonosobo Regency. This type of research is quantitative with a purposive sampling technique distributed through questionnaires to 125 respondents. Primary data analysis was conducted using the Structural Equation Modeling (SEM) method. The results show that the independent variables of advertising attractiveness, influencer marketing, and online customer reviews significantly influence brand image, which in turn has a positive impact on purchase decisions. These findings provide important managerial implications for Telkomsel to continue optimizing digital-based marketing communication strategies, maintaining brand image consistency, and fostering customer engagement through social media. However, this study has limitations in terms of geographic coverage, focusing only on the Wonosobo region and being cross-sectional, thus not reflecting the dynamics of consumer perceptions over time. Further research is recommended to expand the study area and use a longitudinal approach to gain a deeper understanding and broader generalization of the results.
The Effect of Training And Occupational Safety on Employee Performance in The Maliana Fire Department, Bobonaro District Gomes, Andiano Mingos
International Journal of Economics (IJEC) Vol. 4 No. 2 (2025): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v4i2.1526

Abstract

The purpose of this research is to determine how training and occupational safety influence service performance at the Corpo Bombeiru (Fire Department) institution in Maliana, Bobonaro Regency. This case study uses a quantitative approach. The data sources used in this study consisted of primary and secondary sources, with data collection techniques using questionnaires and a literature review. This study was conducted using a census method on the entire population of 42 individuals, and a sample of 30 individuals was taken using the Slovin formula. Multiple linear regression analysis was used in this study. The results showed that training and occupational safety simultaneously influenced employee performance in the Corpo Bombeiru. An R² value of 0.242 indicates that the independent variables in this study were able to explain 24.2% of the dependent variable, while the remaining 75.8% was explained by other factors not included in this study
Green Transformational Leadership in Enhancing Employees' Eco-Friendly Behavior Through Work Satisfaction at PT. Farm Surabaya Naufal, Azel; Kusmaningtyas, Amiartuti; Mujanah, Siti
International Journal of Economics (IJEC) Vol. 4 No. 2 (2025): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v4i2.1527

Abstract

This study aimed to examine the influence of green transformational leadership on employee green behavior, with job satisfaction as an intervening variable among employees in the hotel department of PT. Farm in Surabaya. The sample for this research consisted of 70 employees from PT. Farm in Surabaya. Data were collected using questionnaires, and data analysis was performed using path analysis with SmartPLS software.  The results of this study indicate that green transformational leadership has a significant effect on employee green behavior, green transformational leadership has a significant effect on job satisfaction, and job satisfaction has an insignificant effect on employee green behavior. The variable proven to have a more dominant influence should be maintained at least and, if possible, enhanced
The Effect of Product Quality and Brand Image on Customer Satisfaction and Customer Loyalty: - Novia Nur Anisa; Andri Kusmayadi
International Journal of Economics (IJEC) Vol. 4 No. 2 (2025): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v4i2.1538

Abstract

Brand image an important role in the marketing strategy that can be implemented by the originote company by providing the best facilities for its users to be able to provide trust, satisfaction so that consumers make continuous purchases of the product. The purpose of this study was conducted to determine the greatest influence on customer loyalty. This type of research is quantitative with a purposive sampling technique distributed through questionnaires to 100 male and female respondents who use originote products aged 18-45 years who have made at least 2 purchases in the last 3 months and domiciled in West Jakarta. Primary data analysis was carried out using the Structural Equation Modeling (SEM) method. The results of this study indicate that the 5 proposed hypotheses are accepted, and the product quality variable has the greatest direct influence on customer satisfaction. This study contributes to the originote company in maintaining and increasing customer loyalty by looking at several factors formed from each consumer complaint optimally and measurably. For further research, the researcher suggests expanding the research area and looking for objects in other fields
The Influence of Financial Performance, Environmental Performance, and Governance on Sustainability Reporting: The Moderating Role of Public Demand Dwiyani, Titik; Sedjati, Dwi Poetra; Widiyaningsih, Vitalis Ari; Budiwidjojo Putra, Alfa Santoso
International Journal of Economics (IJEC) Vol. 4 No. 2 (2025): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v4i2.1546

Abstract

This study examines the relationship between financial performance, environmental performance, and corporate governance on sustainability disclosures (sustainability reports). Financial performance is measured using liquidity, solvency, and profitability, where as environmental performance is measured using environmental costs and the PROPER rating achieved by the company. The corporate governance variable in this study was measured through independent commissioners, audit committees, and institutional ownership. The dependent variable is sustainability disclosure (sustainability reports). This study uses a population and sample of non-cyclical sector companies that published financial statements and sustainability reports from 2021 to 2023. The sample was selected using stratified random sampling, resulting in 135 companies meeting the research criteria. Data analysis employed classical assumption testing and hypothesis testing using the least-squares method. The findings indicate that financial performance, environmental cost-related performance, and institutional ownership significantly influence sustainability reporting. In contrast, PROPER-based environmental performance, independent commissioners, and audit committees did not have a significant effect. The moderating variable, community/media pressure, did not moderate the relationship between the independent and dependent variables. These findings serve as a reference for encouraging better corporate governance practices to support environmental sustainability, thus fostering harmony in environmental preservation