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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 Role of Transformational Leadership Style on Employee Engagement and Organizational Innovation in the Hybrid Work Era Nasution, Siti Ummi Arfah; Sibuea, Nurhalimah
International Journal of Economics (IJEC) Vol. 4 No. 1 (2025): January-June
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v4i1.1446

Abstract

This study explores the role of transformational leadership in enhancing employee engagement and fostering organizational innovation within the context of hybrid work arrangements. Using a qualitative research approach, data were collected through in-depth interviews and focus group discussions with organizational leaders and employees operating in hybrid work environments in Indonesia. The findings reveal that transformational leaders, through inspirational motivation, individualized consideration, intellectual stimulation, and idealized influence, significantly contribute to higher levels of employee engagement and promote innovative behaviors despite the challenges posed by hybrid work settings. The study underscores the importance of adaptive leadership practices to sustain organizational competitiveness in the evolving work landscape.
The Role of Infrastructure Investment in Driving Regional Economic Growth: A Panel Data Analysis of Emerging Economies Zulaili, Zulaili; Rahimah, Evida; Putri, Ilfi Rahmi; Suriana, Suriana; Radiah, Radiah
International Journal of Economics (IJEC) Vol. 4 No. 1 (2025): January-June
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v4i1.1447

Abstract

This study examines the relationship between infrastructure investment and regional economic growth in emerging economies using panel data analysis from 2000-2020. Objectives: To empirically analyze the direct and indirect effects of infrastructure capital stock on economic growth performance across emerging market economies. Methods: We employ a quantitative methodology utilizing panel data econometrics with fixed effects, random effects, and dynamic GMM estimators based on an extended Cobb-Douglas production function framework incorporating infrastructure capital as a third input factor. The sample comprises 45 emerging economies with comprehensive data on GDP per capita, physical capital, human capital, and infrastructure investment indicators. Results: Our findings demonstrate a statistically significant positive relationship between infrastructure investment and economic growth, with an estimated elasticity of 0.24-0.31. The analysis reveals substantial heterogeneity across regions and infrastructure types, with transport and telecommunications infrastructure exhibiting stronger growth effects than water and energy infrastructure. Dynamic models confirm both short-term and long-term positive effects, with infrastructure investment contributing 1.2-1.8 percentage points to annual GDP growth. Conclusions: Infrastructure investment serves as a critical driver of regional economic growth in emerging economies, supporting endogenous growth theory predictions. The results suggest that strategic infrastructure development policies can enhance economic performance, particularly when combined with improvements in institutional quality and human capital development.
Customer Behavior Analysis in the Adoption of Islamic Banking Products: An Empirical Study on Trust, Religiosity, and Service Quality Sadly, Effendi; Agustami, Eli; Effendi, Syamsul
International Journal of Economics (IJEC) Vol. 4 No. 1 (2025): January-June
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v4i1.1448

Abstract

This study explores customer behavior regarding the adoption of Islamic banking products, emphasizing the roles of trust, religiosity, and service quality. Utilizing a quantitative research approach, data were collected from a diverse sample of Islamic banking customers through structured questionnaires. The findings reveal that trust significantly influences customer decisions to adopt Islamic banking products, while religiosity enhances this relationship by fostering a deeper commitment to Islamic financial principles. Additionally, service quality emerged as a critical factor, shaping customer satisfaction and loyalty. This empirical study contributes to the understanding of consumer behavior in Islamic finance and offers insights for banking institutions to enhance their strategies in attracting and retaining customers. The implications of these findings highlight the necessity for Islamic banks to cultivate trust, address the spiritual needs of customers, and prioritize high service quality to succeed in a competitive market.
The Influence of Talent Management and Knowledge Management on Teacher Innovation Performance at the SDIT Yaa Bunayya Gresik Haqiqi, Syafrizal Mar’ie; Sukarno, Gendut
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.v4i2.1060

Abstract

This study investigates the impact of talent management and knowledge management on the Innovative performance of teachers at Sekolah Dasar Islam Terpadu (SDIT) YAA BUNAYYA Gresik. Teachers play a crucial role in determining the quality of educational resources, and their innovative performance is vital for advancing educational quality. Innovative performance involves the application of new practices and ideas to enhance education, which is heavily dependent on effective management strategies within the organization. Effective management to boost teachers' innovative performance includes the enhancement of both knowledge management and talent management. Knowledge management refers to the systematic processes of creating, acquiring, sharing, and utilizing knowledge to foster organizational learning and improve performance. When effectively implemented, it can lead to the generation of new ideas that drive innovation within educational institutions. On the other hand, talent management encompasses a range of human resource management activities aimed at processing and retaining the organization's human capital to maximize their output. This study uses a sample of 35 principals and teachers from SDIT YAA BUNAYYA Gresik, applying the census method for data collection. Path analysis, supported by Partial Least Square (PLS) software, is employed to analyze the data. The results reveal that both talent management and knowledge management have a positive and significant influence on teachers' innovation performance. These findings underscore the importance of talent management and knowledge management as key factors in enhancing teachers' innovation performance. For schools to optimize these aspects, they should focus on identifying, developing, and retaining teacher talent through systematic talent management processes. Additionally, schools should promote knowledge management practices, such as knowledge sharing, organizational learning, and the effective use of information technology. In conclusion, improving teachers' innovation performance can be achieved comprehensively through the strategic management of talent and knowledge.
The Influence of Social Media Influencer on Purchase Intention with Brand Awareness and Brand Image as Mediatin Variable Wardhani, Yustika Puspita; Susanti, Nanis; Cempena, Ida Bagus
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.v4i2.1073

Abstract

Social media influencers are individuals who use their social media accounts to share their experiences or reviews with their followers. They have the ability to influence the purchase intentions and purchasing decisions of others through the social media used. Social media influencers also help businesses in building brand awareness. In addition to brand awareness, the profile and good reputation of social media influencers will also improve the brand image and brand trust of a brand so that it will increase purchase intention. This research can be used to help businesses about the importance of the role of social media influencers in the digital era as a strategy in marketing products or services sold to increase brand awareness, brand image and brand trust. This study explains the effect of brand awareness, brand image and brand trust in mediating social media influencers on purchase intention in Surabaya. This research was conducted in the city of Surabaya with a sample of 170 people selected using non-probability sampling techniques. The survey was distributed online through the Google Form platform. The findings in this study reveal that social media influencers have a significant effect on brand awareness, brand image and brand trust. Brand awareness, brand image and brand trust have a significant effect on purchase intention. In addition, brand awareness, brand image and brand trust have a significant effect on purchase intention.
The Influence of Digital Marketing and Influencers on Interest in Buying Used Cars at CV Trisakti Motor Surabaya Zain, Muhammad Zaki; Purwanto, Sugeng
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.v4i2.1184

Abstract

This study aims to analyze the influence of digital marketing and influencers on purchase intention at CV Trisakti Motor showroom in Surabaya, using a quantitative approach. The population of the study consists of TikTok and Instagram users, with a sample of 104 respondents selected through non-probability sampling using convenience sampling techniques. The data were analyzed using descriptive statistics and Partial Least Squares (PLS) with the SmartPLS application. The results indicate that both digital marketing and influencers have a positive and significant effect on purchase intention.
A Bibliometric Analysis of Chatbot Implementation Agus, Taufiq; Siti Mujanah; Fianto, Achmad Yanu Alif
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.v4i2.1213

Abstract

The use of artificial intelligence (AI)-based technology is increasingly widespread. This includes the use of chatbots. Chatbots are used in various sectors including education, health, and technology. This study aims to analyze research related to chatbots in the 2022-2024 period. The research method used is a bibliometric analysis approach. Collection of articles from Google Scholar using Harzing's Publish or Perish software and analysis using VOSviewer software. The word "chatbot" is used as a keyword in the search for the article. The results obtained were 999 relevant publications with 30705 citations and 15352 cites/years discussing chatbots. The results of the analysis show that there are nine main clusters related to chatbots. This includes research on the use of chatbots during the Covid-19 pandemic. This article also provides information on research topics that have not been widely discussed such as GPT, educational chatbots, and medical chatbots. This is expected to be used as a reference by other researchers to discuss this topic in further research.
The Effect Of Environmental Uncertainty, Company Size, Strategic Changes On Financial Performance And Company Value With Good Corporate Governance As A Moderation Variable In Manufacturing Companies Listed On The Indonesia Stock Exchange Firmansyah, Muhammad Nizar; Nugroho, Mulyanto; Rahmiyati, Nekky
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.v4i2.1219

Abstract

This study aims to analyze the influence of environmental uncertainty, company size, and strategic changes on financial performance and company value in manufacturing companies in the food and beverage sub-sector listed on the Indonesia Stock Exchange (IDX) for the 2020-2022 period. With a quantitative approach using SEM-PLS, this study analyzed 111 data from 37 companies based on financial statements and annual reports. The results show that environmental uncertainty does not have a significant influence on financial performance or company value, either directly or through financial performance mediation. In contrast, the size of the company has a significant influence on the company's financial performance and value, reflecting the stability and attractiveness of large companies in the eyes of investors. However, strategic changes do not have a significant effect on financial performance or company value, either directly or through financial performance as a mediator. In addition, the implementation of Good Corporate Governance (GCG) also does not mediate the relationship between financial performance and company value significantly. These findings underscore the importance of company size and financial performance as key determinants of company value in the stock market, while environmental uncertainty and strategic changes require further study to understand their impact.
A Bibliometric Analysis of the Implementation of Big Data in the Managerial Decision-Making Process Utomo, Ekwan Setyo; Siti Mujanah; Yanto, Achmad Yanu Alif
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.v4i2.1220

Abstract

Some scientific publications related to big data have been carried out; viral marketing that occurs on social media can be one way to market a product or service, and this article aims to provide information regarding research trends that have been published on the topic of viral marketing in the 2000-2024 periods. The method used in this study was to identify the number of journals using Harzing's Publish or Perish software as well as a bibliometric analysis using VOSviewer. The results showed that there were 987 publications with 21457 citations and 2145.7 cites/year that discussed viral marketing. There are five main clusters based on the results of the bibliometric analysis. This article also provides information related to research topics that have not been widely carried out, so that it can provide benefits for stakeholders who  may need it for further research
The Influence of Development of Alutsista, Digital Capability, and Work Hapiness on Military Effectiveness Through Job Simplification as An Intervening Variable (Case Study in Batalion Intai Amfibi 2 Korp Marinir Surabaya) Abiantoro, Bayu; Mujanah, Siti; Ardiana, Dewa Ketut Raka
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.v4i2.1236

Abstract

The military is one of the main pillars in maintaining the sovereignty and security of a country. The Indonesian National Army (TNI), which consists of three main forces (Army, Navy and Air Force) has an important function in maintaining security on land, sea and air. This research aims to analyze the influence of Alutsista Development, Digital Capability and Work Happiness on Military Effectiveness and Job Simplification. The population in this study were soldiers in the Batalion Intai Amfibi 2 Korps Marinir Surabaya total 100 soldiers using a saturated sample. Hypothesis testing in this research was carried out using a Structural Equation Model (SEM) approach based on Partial Least Square (PLS). Based on the 7 direct influence hypotheses processed in this research, there are 3 hypotheses which state that the influence is not significant while the other 4 hypotheses state that the influence is significant. The results of this research indicate that Alutsista Development and Work Happiness partially have an insignificant effect on Job Simplification. Meanwhile, Digital Capability has a significant positive effect on Job Simplification. Then Alutsista development, digital capability and job simplification partially has a significant positive effect on military effectiveness. Meanwhile, Work Happiness has no significant effect on Military Effectiveness.

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