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International Journal of Economics (IJEC)
Published by PT Inovasi Pratama Internasional
ISSN : -     EISSN : 2961712X     DOI : https://doi.org/10.55299/ijec
Core Subject : Economy,
Economics, Econometrics & Finance
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.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 657 Documents
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The Effect of Foreign Investment, Employment Rates, and Total Population on Educated Unemployment in Indonesia Tri Wulandari, Anggi; Sishadiyati
International Journal of Economics (IJEC) Vol. 2 No. 2 (2023): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v2i2.557

Abstract

Unemployment has significant economic and social impacts, especially educated unemployment. The increase in the number of educated unemployed is a major problem. As of February 2022, BPS RI data indicates 8.4 million people or 5.83% of the workforce are unemployed. Educated unemployment, such as High School, Diploma, and Bachelor graduates, has the potential to support economic growth which is unfortunate if it is not handled properly. As of February 2022, according to data from the Indonesian Central Bureau of Statistics, the total number of educated unemployed in Indonesia has reached 62.4% of the total number of unemployed in Indonesia. The projection of the demographic bonus in Indonesia, Cipta Kerja Law which has the aim of overcoming employment problems by supporting foreign investment and creating jobs through ease of licensing and the fluaction of employment rates which are influenced by economic growth is the background of this research. This study analyzes the effect of foreign investment (FDI), employment rates, and total population on educated unemployment in Indonesia. The method used is the quantitative method and multiple linear regression analysis using SPSS 25. The results show that the employment rates and population have significant effect on educated unemployment while foreign investment (FDI) does not have significant effect in this study. Encouraging the quality of foreign investment remains an important role. The government should prioritize policies that support investment in potential sectors to create jobs for educated graduates. Managing population growth is also important in order to prevent increases in educated unemployment.
The Influence of Financial Literacy, Financial Inclusion, and the Ability to Prepare Financial Reports Against MSME Financial Performance Asahan District Windi Triana; Inda Arfa Syera
International Journal of Economics (IJEC) Vol. 2 No. 2 (2023): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v2i2.567

Abstract

The aim of this research is to examine the influence of financial literacy, financial inclusion, and the ability to prepare financial reports on the financial performance of MSMEs in Asahan Regency. The type of research used is a quantitative method by processing primary data obtained from respondents' answers to questionnaire statements which are distributed directly to respondents and then analyzed using the Statistical Program for Social Science (SPSS) software. The object of this research is MSME actors who are registered with the Office of Cooperatives, Industry, Trade and Investment of Asahan Regency. The analysis techniques used are descriptive statistics, classical assumption tests (normality test, multicollinearity test and heteroscedasticity test), multiple linear regression, and hypothesis testing (F statistical test, and t statistical test, as well as the coefficient of determination test (R2). Based on the research results using a simultaneous test (f test) it can be seen that financial literacy, financial inclusion and the ability to prepare financial reports have a simultaneous effect on the financial performance of Asahan Regency MSMEs. Based on a partial test (t test) it can be seen that the financial literacy variable has a positive and significant effect on financial performance Asahan Regency MSMEs, the financial inclusion variable has a negative and insignificant effect on the financial performance of Asahan Regency MSMEs, and the ability variable to prepare financial reports has no effect on the financial performance of Asahan Regency MSMEs.
Perceived Organizational Support as a moderating variable on influence Well-being towards Work Engagement Astuti, Ambar Kusuma; Hardiyanto, Purnawan; Putra, Alfa Santoso Budiwidjojo
International Journal of Economics (IJEC) Vol. 2 No. 2 (2023): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v2i2.591

Abstract

Work engagement is one of the things that is necessary for the progress of the organization. Employees who are involved in their work will have the motivation to consistently contribute. Previous research has shown that there is a driving force needed so that employees are willing to mobilize their resources to achieve organizational goals. One of the predictors that can affect engagement is employee well-being. Employees who have experienced prosperity will be willing to return the favor by showing dedication. In addition to well-being, the existence of support from the organization has the potential to moderate work engagement. Various forms of positive support given will make employees more enthusiastic at work. Based on this, this study aims to examine the role of the variable perceived organizational support (POS) in strengthening the effect of well-being on work engagement. Social exchange theory is used to help understand the interrelationships between variables. The research was conducted on employees in the food industry in Indonesia. Variable indicators adapted from previous studies. All the indicators used are reflexive. The primary data that has been obtained is tested using the SmartPLS software. The results of the study show that well-being and POS affect work engagement. The effect of well-being on work engagement is moderated by POS.
The Influence of Personality, Emotional Intelligence, and Job Stress on Counterproductive Work Behaviors Setyanti, Sri Wahyu Lelly Hana; Sudarsih; Pradana, Riyo Gita
International Journal of Economics (IJEC) Vol. 2 No. 2 (2023): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v2i2.592

Abstract

This study aims to prove the influence of personality, emotional intelligence, and work stress on counterproductive work behavior. This research was conducted at the multinational company Kutai Timber, Co., with 75 respondents in the production department. The data in this study were obtained through questionnaires and then analyzed using the multiple linear regression method. The results of this study indicate that personality, emotional intelligence, and job stress have a significant effect on counterproductive work behavior. The coefficient value of the emotional intelligence variable is negative 0.416, which means that if the value of emotional intelligence increases, it will reduce the level of employee counterproductive work behavior. Research proves the Personality variable has a value of 0.326 with an indicator of agreeableness and tend to avoid conflict, and then the job stress variable has a positive value of 0.251. The implications of the theory are discussed to prove its effect on counterproductive behavior. The practical consequences aim to reduce counterproductive behavior through improving personality, and emotional intelligence and reducing employee stress levels.
Economics Impact of Climate Change on Agriculture GDP in Bhutan: Empirical Evidence from ARDL Approach Waiba, Sangay Phuntsho
International Journal of Economics (IJEC) Vol. 2 No. 2 (2023): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v2i2.604

Abstract

This paper examines the economic impacts of climate change on agriculture in Bhutan. It focuses on the significance of the agriculture sector in Bhutan and analyzes the economic effects of climate change using the Autoregressive Distributed Lag (ARDL) model. The dependent variable used in the ARDL model is agriculture GDP, while the independent variables are temperature and rainfall. The ARDL model is employed to assess the short-run and long-run economic impacts of climate change on agriculture. The results of the study indicate that the agriculture sector has consistently contributed the highest GDP from 2009 to 2020 in Bhutan. Additionally, it has provided the most significant employment opportunities compared to other sectors between 2009 and 2019. The ARDL model results demonstrate that in the short run, the coefficient for temperature is positive at 0.16, and the coefficient for rainfall is 0.5, indicating that climate change has a positive impact on agriculture GDP. However, in the long run, the ARDL model reveals a negative impact of climate change on agriculture GDP. The coefficient for temperature is -11.2, and for rainfall, it is -1.13. These findings underscore the urgent need for measures to address the challenges posed by climate change. The paper recommends raising awareness about climate-smart initiatives and programs among stakeholders. Additionally, training and the adoption of climate-resilient seeds and techniques are necessary to mitigate the adverse effects of climate change on the agriculture sector.
THE HAPPINESS OF THE TRADITIONAL BOTI PEOPLE ON TIMOR ISLAND Oki, Kamilaus Konstanse; Be, Emanuel
International Journal of Economics (IJEC) Vol. 2 No. 2 (2023): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v2i2.609

Abstract

The Boti tribe is an inland tribe on the Indonesian island of Timor. Socio-economic and cultural life is very unique from other tribes in the world. Traditional lifestyle by relying on nature and surroundings as a source of life. Relations and interactions with outside influences are also unique because they strictly protect themselves by avoiding advances in science, technology and factory production. The Boti tribal community believes that the entry of external influences in the form of providing health facilities, modern communication facilities, government assistance, manufactured products, national religion, science and technology and other forms of external influence are threats to the sustainability of traditions and culture. Subjectively, the Boti people are very happy with the socio-economic conditions of life as measured by the dimensions of feeling, the dimensions of satisfaction and the dimensions of the meaning of life. Happy in carrying out all activities. Forms of social violations in people's lives and other violations that have a legal impact are not found in interactions and are unlawful. If there are violations and repetitions, they will be evacuated from the Boti tribe as a severe punishment.
The DETERMINANTS OF FOREIGN DIRECT INVESTMENT IN TANZANIA: AN AUTOREGRESSIVE DISTRIBUTED LAG APPROACH Mwigeka, Samwel
International Journal of Economics (IJEC) Vol. 2 No. 2 (2023): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v2i2.632

Abstract

Foreign Direct Investment (FDI), as a source of external capital to enhance growth, has become extremely important in light of the decreases in official lending, brings its infusion of a corporate culture that changes the way business is done, brings managerial know-how and best practices, provide access to international markets, transfer technology and innovation, introduce competitive pressures in previously closed markets and becoming the principal driver for the growth of local business. Given those critical issues, it is very crucial to understand the determinants of FDI, which can be used by the country to regulate and be assured of sustainable growth and development. With this regard this study investigated the determinants of FDI in Tanzania, using secondary time series data from 1990 to 2020. In attempting this, the study utilized the Autoregressive Distributed Lag (ARDL) in combination with the Error Correction Model (ECM) and bounds testing procedure. The results indicate that in the long run, the coefficients of gross capital formation, exchange rate, and financial structure are statistically insignificant with the required direction of relationship with the exception of real GDP, trade openness, and inflation rate while in the short-run the results have shown the opposite of the results in the long-run. The results above indicate a great need for a country to emphasize domestic investment as this has shown a positive impact in attracting foreign direct investment in the short-run, with higher real GDP implying a large market thus suitable for market-seeking investments and also does promote export. The country needs to strengthen its monetary policy to ensure a stable exchange rate and price as it has shown a converse relationship with foreign direction investment thus attracting more market-seeking investments.
A Literature Study of Marketing Strategies in Product Development Using Design Thinking Method Ridho Muhammad; Laura Lahindah
International Journal of Economics (IJEC) Vol. 2 No. 2 (2023): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v2i2.655

Abstract

Objective study This is for reviewing marketing strategies in product development using the design thinking method. As for the method of study This is a qualitative study, and research qualitative is a research method used to understand social phenomena in depth. As for Types of research used by researchers, i.e. A literature study is carried out by researchers by collecting, studying, and analyzing references or sources obtained in written form, such as books, journals, articles, documents, and other sources of information that are significant to the topic or title being researched. And then the researcher analyzes and draws conclusions to find answers to what the researcher is studying. The results of the research show that a marketing strategy based on design thinking is a holistic approach that brings significant changes to the way companies approach product development and brand communication. By prioritizing a deep understanding of user needs, embracing creativity and innovation, and being responsive to consumer feedback, companies can achieve a competitive advantage and build strong relationships with consumers.
The Influence of Trust and Perceived Usefulness on Purchase Intention with Price Mediation Fratama, Feri; Pardede, Ratlan; Samara, Aldi; Susanti, Metta
International Journal of Economics (IJEC) Vol. 2 No. 2 (2023): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v2i2.660

Abstract

This research aims to determine the influence of trust and perceived usefulness on purchase intention which is mediated by price (empirical study: Shopee Indonesia users in Tangerang). Research data was obtained from distributing questionnaires via Google Forms. Samples were taken using purposive sampling technique. The sample used in this research was 256 respondents. This research uses quantitative analysis techniques and is processed using AMOS. The research results show that Trust and Perceived Usefulness have a positive and significant effect on price. This research can provide benefits in the form of knowledge to academics, practitioners and stakeholders. Besides that, this research can provide ideas for designing and developing marketing plans and sales strategies where Shopee companies can improve the welfare of the community through the benefits obtained through value by using Shopee.
Implementation Malcom Baldrige for Business MSME Sandals in Wedoro Village Cakra Wibawa Khoiril Fadli; Eni Purnasari; Ni Wayan Peri Pebriyanti
International Journal of Economics (IJEC) Vol. 2 No. 2 (2023): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v2i2.661

Abstract

The purpose of this study is to determine the application of Malcom Baldrige to sandals MSME business in Wedoro village. The method used in this research is a qualitative method based on a phenomenal approach, and is research based on subjective experiences experienced by individuals and logical phenomena. Malcolm Baldrige is a way to comprehensively improve an organization's performance by providing feedback on the organization's overall performance in delivering quality products and services. Malcom Baldrige has criteria (Leadership, Strategic Planning, Customer Focus, Measurement, Analytics, Knowledge Management, Employee Focus, Operations and Performance Focus). In this case, leadership is critical to achieving these seven criteria, as demonstrated by Malcolm Baldrige is top score in his performance evaluation. However, it is not yet clear how Malcolm Baldrige's other six criteria influence leadership. This study is based on the results of interviews and surveys conducted in one of his Sandal MSME is in Wedoro village.

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