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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 676 Documents
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The Effect of Waiting Room Service Quality and Departure Terminal Facilities on Passenger Satisfaction in International Airport Kualanamu North Sumatra Hidayat, Novrizal; Tanjung, Ali Mukti; Karim, Ahmad; Ichsan, Reza Nurul; Hidayat, Ferry
International Journal of Economics (IJEC) Vol. 3 No. 2 (2024): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v3i2.1137

Abstract

This study aims to identify, analyze, and assess the effect of waiting room service quality and departure terminal facilities on passenger satisfaction at Kualanamu International Airport, North Sumatra. This study uses a quantitative approach with associative methods. A total of 100 respondents were selected through random sampling techniques and data were collected using questionnaire instruments that include variables of waiting room service quality, departure terminal facilities, and passenger satisfaction. Data analysis was done by multiple linear regression techniques. The results of partial analysis showed that the quality of Service waiting room has a significant effect on passenger satisfaction with the value of tcount= 6.311 which is greater than Ttable=1.660 and significance of 0.000 (<0.05). Similarly, the departure terminal facilities have a significant effect with the value of t count=4.127 which is also greater than T table=1.660 and significance 0.000 (<0.05). Simultaneously, the quality of Service waiting room and departure terminal facilities significantly affect passenger satisfaction with a value of Fcount=152.284 greater than Ftable=3.09 and significance 0.000 (<0.05). Determination value of 75.3% indicates that the variable quality of service lounge and departure terminal facilities explain most of the variations in passenger satisfaction variables. This study recommends that Kualanamu airport managers improve service quality by adding seats, improving air conditioning systems and renewing entertainment facilities. Further research, it is recommended to expand the scope of variables, use qualitative methods and conduct comparisons between airports in order to broaden the outlook and develop a more comprehensive service improvement strategy.
The Effect of Control and Supervision of Aviation Security on Flight Safety at Kualanamu International Airport North Sumatra Ardiansyah, Roby; Tanjung , Ali Mukti; Ichsan, Reza Nurul; Karim, Ahmad
International Journal of Economics (IJEC) Vol. 3 No. 2 (2024): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v3i2.1138

Abstract

This study aims to identify, analyze, and assess the impact of aviation security control and supervision on flight safety at Kualanamu International Airport in North Sumatra. Using a quantitative approach and correlational methods, data were collected from 80 respondents selected through random sampling techniques. A questionnaire was used to gather data on the variables of aviation security control, supervision, and flight safety. Multiple linear regression was employed to analyze the data. The results of the partial analysis showed that aviation security control significantly affects flight safety at Kualanamu International Airport, with a t-value (tcount) of 3.290, higher than the t-table value of 1.664, and a significance level of 0.002 (< 0.05). Likewise, aviation security supervision also significantly affects flight safety, with a t-value (tcount) of 8.101, greater than the t-table value, and a significance level of 0.000 (< 0.05). Simultaneously, both control and supervision significantly impact flight safety, with an F-value (Fcount) of 82.109, exceeding the F-table value of 3.12, and a significance of 0.000 (< 0.05). The determination coefficient of 67.2% indicates that the control and supervision variables explain most of the variations in flight safety. This study recommends enhancing security control through regular evaluations, improved training based on realistic threat simulations, and strengthened teamwork. Increasing the frequency of supervision with specialized teams and expanding monitoring systems with additional CCTV in under-monitored areas are also essential to ensure optimal security at the airport.
Fintech Lending: Analysis of the Response and Existence of Peer To Peer Lending Growth in Indonesia Nopiah, Ririn
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.v4i1.1146

Abstract

The development of Financial Technology / Fintech, namely peer-to-peer (P2P) lending in Indonesia has experienced rapid growth. This study aims to identify the response and existence of Fintech lending and analyze the determinants that have the potential to differentiate the response of Fintech growth in Indonesia during a certain period. The analysis method uses several stages, namely Klassen typology analysis and multiple linear regression model analysis. The research data comes from quantitative data on Fintech Lending in Indonesia which is officially registered with the Financial Services Authority (OJK) from 2021 to 2023. The variables used include P2P Lending loan volume, investor fund volume, default rate, accessibility, interest rates, and inflation on the growth of Fintech-lending transactions. The results show that loan volume, investor fund volume and default rate have an influence on the growth of Fintech-lending in Indonesia. In addition, DKI-Jakarta is an area in quadrant III (vulnerable and risky), while Gorontalo is an area with the potential to develop in quadrant IV. The regions that are in the growing but risky criteria are Banten, West Java, Central Java, D.I.Yogyakarta, East Java, NTB, Central Sulawesi, South Sulawesi, and West Sumatra. This study provides important insights into the dynamics of Fintech-lending growth in Indonesia and becomes an analysis of policy considerations to support the development of a healthy and sustainable fintech-lending sector. These findings are relevant for policymakers, industry practitioners, and researchers interested in inclusive finance and financial innovation in developing countries.
The Role of Sharia-Compliant Financial Institutions in Promoting Economic Stability: Insights from Recent Scholarly Contributions Nazori, Nazori; Rafidah, Rafidah; Mubyarto, Novi; Mutia, Agustina; Rosmanidar, Elyanti
International Journal of Economics (IJEC) Vol. 3 No. 2 (2024): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v3i2.1157

Abstract

This research examines the role of Islamic financial institutions in promoting economic stability through a literature study of recent scholarly contributions. Islamic financial institutions are seen as alternative financial instruments that operate under Islamic principles, which prohibit usury, excessive speculation, and non-transparent activities. This research aims to understand the mechanisms used by Islamic financial institutions in creating economic stability and evaluate the latest empirical evidence supporting such contributions. The research method used is a literature study with a qualitative approach, where various journals and research reports on Islamic finance, economic stability, and monetary policy are reviewed and analysed. The results show that Islamic financial institutions play an important role in economic stability through asset-based financing, portfolio diversification, as well as the application of risk management in accordance with Islamic principles. This research contributes to providing policy makers, academics, and financial practitioners with a deeper understanding of the potential of Islamic financial institutions as instruments that can strengthen economic stability.
The Effect of Accounting Code of Ethics on Business Decisions: A Case Study on Multinational Companies Nasution, Dito Aditia Darma; Maisyarah, Renny; Chairunisa, Tengku Sheila; Safrianto, Reza; Zebua, Totona Berkat Elsuran; Darwin, Darwin; Ujung, Jhonny Tumpal Parulian; Gulo, Yurniwati
International Journal of Economics (IJEC) Vol. 3 No. 2 (2024): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v3i2.1158

Abstract

The objective of this study is to examine the impact of the accounting code of ethics on the business decisions made by multinational companies. The accounting code of ethics provides a framework for professional conduct, with the objective of influencing the integrity of business decision-making, particularly in the context of accounting and financial reporting. This research employs a case study approach, focusing on multinational companies that have a robust and internationally recognised accounting system. Through the analysis of qualitative and quantitative data, this study has identified that the implementation of the accounting code of ethics plays a significant role in maintaining transparency, accountability and preventing unethical practices in the business decision-making process.
Professionalism and Entrepreneurial Motivation Correlation with Economic Growth in East Nusa Tenggara Londa, Yulita; Darmo, Ika Suhartanti; Noor, Laili Savitri; Betan, Abubakar; Suarmanayasa, I Nengah
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.v4i1.1160

Abstract

The purpose of this research is to investigate the correlation between entrepreneurship professionalism and motivation with economic growth in East Nusa Tenggara (NTT). The research methodology employed a descriptive quantitative research method with a population of 50 entrepreneurs, who were also the research sample (saturated sample), located in Manggarai, NTT. The researcher analyzed the correlation between entrepreneurship professionalism and motivation with economic growth in NTT using the product-moment correlation method. Data collection was conducted through literature review and distributing questionnaires to entrepreneurs in Manggarai, NTT. The results of this study indicate a positive correlation between entrepreneurship professionalism and motivation with economic growth in NTT at 3.01%. The analysis score shows that the significance value between entrepreneurship professionalism and economic growth in NTT is 0.003, which is less than the significance level of 0.05. This means that the higher the level of entrepreneurship professionalism in NTT, the greater the possibility of economic growth in the region. Additionally, the results of the test also demonstrate a significant correlation between entrepreneurship motivation and economic growth in Manggarai, NTT, with a significance value of 0.002, which is also less than the significance level of 0.05.
Analysis of the Influence of Digital Marketing Content on Customer Satisfaction at PT Godongijo Asri Tua Manalu, Doni Sahat; Wicaksono, Aditya; Nurlaili, Ulil Azmi; Suharno, Suharno; Sari, Melani Permata; Bunda, Asti Permata; Kamila, Farhana Talida
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.v4i1.1179

Abstract

This research aims to analyze the influence of digital marketing content on customer satisfaction at PT Godongijo Asri, a tourist destination consisting of ecotainment education, restaurants and fishing lake. By involving 100 respondents, this research used the SWOT analysis method and Importance Performance Analysis (IPA) to evaluate the quality of digital marketing content and its impact on customer perception and satisfaction. The research results show that interesting and informative content can increase customer satisfaction. In addition, the company's internal analysis shows that PT Godongijo Asri is in Region I (Grow and Build) in the IE Matrix, which recommends growth and development strategies. Priority strategies include using brand awareness to create engaging content and diversifying content across various digital platforms. Even though many attributes are considered good, there are several aspects that need to be improved, such as clarity of information and website loading speed. In conclusion, digital marketing content has a significant influence on customer satisfaction, and companies are advised to continue to improve the quality of content and carry out regular updates to attract more customers.
The Influence of Brand Image and Digital Marketing on Consumer Purchasing Decisions (Case Study on Roja Bouquet Flower Shop) Bakti, Umar; Loliyani, Rini; Hairudin, Hairudin; Astrid Aprica Isabella; Loliyana, Rina; Adelita, Ira
International Journal of Economics (IJEC) Vol. 3 No. 2 (2024): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v3i2.1183

Abstract

This research aims to determine the influence of Brand Image and Digital Marketing Attitudes on consumer purchasing decisions at the Roja Bouquet flower shop in Bandar Lampung. The type of data used in this research is quantitative, using primary and secondary data. To determine the research sample, we used a probability sampling technique because the population was above 100. The results of calculations using the Slovin formula produced a sample size of 70 respondents. The analysis technique used involves Validity, Reliability, Classical Assumptions and Hypothesis Tests. From the research results, we found that Brand Image and Digital Marketing together have a significant influence on consumer purchasing decisions at the Roja Bouquet flower shop. Brand Image and Digital Marketing have an influence of 48.9% on consumer purchasing decisions, while the remaining 51.1% is influenced by other factors not examined in this research.
Tax Incentives and Business Performance: Impact on Sustainability of MSMEs in Surakarta City Harimurti, Fadjar; Rispantyo, Rispantyo
International Journal of Economics (IJEC) Vol. 3 No. 2 (2024): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v3i2.1187

Abstract

This research aims to analyze the influence of tax incentives on MSME performance and sustainability in the city of Surakarta. Data was collected through a survey of MSME players and analyzed using the Partial Least Squares-Structural Equation Modeling (PLS-SEM) method. The research results show that tax incentives have a positive and significant influence on MSME performance (path coefficient = 0.506, p < 0.001) and business sustainability (path coefficient = 0.253, p = 0.040). In addition, the performance of MSMEs contributes significantly to sustainability (path coefficient = 0.381, p = 0.002). These findings underscore the importance of supportive fiscal policies, such as tax incentives, to improve operational efficiency, strengthen liquidity, and facilitate sustainable investment. The implications of this research include the need for more specific fiscal policies to encourage sustainability, educating MSMEs about the benefits of sustainability, and further research on less accessible sectors, such as the creative economy and technological innovation.
Financial Performance Analysis of Savings and Loan Cooperatives (KSP) Swasti Sari Malaka Branch Pangastuti, Margareta Diana; Nalle, Frederic Winston
International Journal of Economics (IJEC) Vol. 3 No. 2 (2024): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v3i2.1199

Abstract

This study aims to analyze the financial performance of Koperasi Swasti Sari Branch Malaka using financial ratios—liquidity, solvency, profitability, and activity ratios—from 2020 to 2023. The significance of this research lies in its contribution to understanding the financial resilience of cooperatives in Indonesia, particularly in rural and border areas. Using a descriptive quantitative approach, the analysis is based on secondary data obtained from financial reports, processed using Microsoft Excel tools. he results show that the average liquidity ratios indicate good short-term financial stability, with a Current Ratio of 151.68% and a Quick Ratio of 151.64%. The solvency ratio, Debt to Asset Ratio (DAR), averages 67.80%, reflecting controlled reliance on debt, though caution is advised for future financing. The profitability performance is excellent, as evidenced by the Net Profit Margin (NPM) of 67.94% and the Return on Assets (ROA) of 15.84%, indicating strong profitability management. However, the activity ratios highlight inefficiencies, with Cash Turnover averaging 2.13 times and Receivables Turnover at 0.09 times, underscoring the need for improved cash and receivable management. It is recommended that Koperasi Swasti Sari improve its cash and receivables management strategies to enhance operational efficiency, optimize liquidity, and maintain financial sustainability while prudently managing debt to ensure long-term growth.

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