cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
M Nur Rianto Al Arif
Contact Email
nur.rianto@uinjkt.ac.id
Phone
-
Journal Mail Official
etikonomi@uinjkt.ac.id
Editorial Address
-
Location
Kota tangerang selatan,
Banten
INDONESIA
ETIKONOMI
Published by Universitas Islam Negeri Syarif Hidayatullah Jakarta
ISSN : 14128969     EISSN : 24610771     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
Etikonomi is a peer-reviewed journal on Economics, Business and Management by Faculty of Economic and Business State Islamic University (UIN) Syarif Hidayatullah Jakarta. FOCUS This journal focused on economics, business, and management studies and present developments through the publication of articles, research reports, and book reviews. SCOPE Etikonomi specializes on Economics, Business, and Management, and is intended to communicate original research and current issues on the subject. This journal warmly welcomes contributions from scholars of related disciplines.
Arjuna Subject : -
Articles 18 Documents
 1   2 
Search results for , issue "Vol 23, No 2 (2024)" : 18 Documents clear
Adaptation of Islamic Finance to the Performance of MSMEs in the Halal Food Industry Muji Gunarto; Pitri Yanti
ETIKONOMI Vol 23, No 2 (2024)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v23i2.34271

Abstract

Research Originality: The findings of this research will contribute to the Islamic finance literature by answering the research gap between the relationship between MSME adaptation of Islamic finance implementation and MSME performance and providing practitionerinsight for policymakers and MSMEs in the halal food industry.Research Objectives: This study aims to determine the adaptation of Islamic finance to the performance of MSMEs in the halal food industry. Research Methods: The method used a quantitative and explanatory approach. The number of samples in this study was 212 MSME units taken by simple random sampling (SRS). The number of samples in this study is based on the needs of the analytical tools used. The analysis technique used is the structural equation model (SEM) approach with the help of the LISREL program.Empirical Results: The main findings show that halal industry MSMEs that adapt to Sharia finance tend to have a higher level of innovation than those that do not. Data shows that financing by Sharia principles enables MSMEs to allocate their resources more effectively, strengthening their ability to innovate in products and services. Innovations carried out by halal industry MSMEs that adopt a Sharia financial approach are more consistent with Sharia values, which leads to increased acceptance by Muslim consumers.Implications: MSME halal industry managers may consider adopting Islamic finance strategies as part of their business plans. This adoption includes using Sharia financing, investing according to Sharia principles, and managing their finances according to Sharia values. Managers also need to actively develop networks and collaborate with other stakeholders, including Sharia financial institutions, educational institutions, and other companies in the halal industry ecosystem.JEL Classification: D14, G21, L25How to Cite:Gunarto, M., & Yanti, P. (2024). Adaptation of Islamic Finance to the Performance of MSMEs in the Halal Food Industry. Etikonomi, 23(2), 369 – xx. https://doi.org/10.15408/etk.v23i2.34271.
Taxation and Income Inequality in ASEAN Countries Angga Alexander; Beta Yulianita Gitaharie
ETIKONOMI Vol 23, No 2 (2024)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v23i2.32352

Abstract

Research Originality: This study contributes to literature by investigating the impact of taxation on income inequality, with a specific focus on Southeast Asian countries.Research Objectives: To investigate the impact of taxation on income inequality in Association of Southeast Asian Nations (ASEAN) countries.Research Methods: A panel data model focusing on ASEAN from 1998 to 2021 was used, and a two-stage least squares (2SLS) estimation method, incorporating fixed effects and instrumental variables was used. Tax instrument comprised two components, namely tax ratio, reflecting volume of tax; and tax structure, representing direct, indirect, and income taxes.Empirical Results: The results showed that tax ratio, direct tax, and income tax reduced income inequality in Southeast Asia. However, the magnitude of the impact should be more significant. Prioritizing education and improving the quality of workforce could effectively reduce income inequality, as shown by Singapore's success in this area.Implications: This study had significant implications for ASEAN policymakers, as it offered valuable insights into designing and implementing taxation policies to reduce income inequality and promote economic development across the region. JEL Classification: D63, H20, H23How to Cite:Alexander, A., Gitaharie, B. Y. (2024). Taxation and Income Inequality in ASEAN Countries. Etikonomi, 23(1), 397 – 414. https://doi.org/10.15408/etk.v23i2.32352.
Elevating Shariah Hotel Hospitality: Secrets to Guest Satisfaction and Loyalty in Indonesia Andhi Sukma; Maria Rochelle G Divinagracia; Louie A Divinagracia
ETIKONOMI Vol 23, No 2 (2024)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v23i2.38502

Abstract

Research Originality: This research highlights the importance of personalized services, organizational image, and effective customer relationship management (CRM) strategies aligned with Islamic principles. The research aims to distinguish shariah hospitality and deepen understanding of customer behavior in this cultural and religious context.Research Objectives: This study examines how personalized services, company image (CI) and customer perceived value (CPV) affect guest satisfaction and loyalty in Shariah-based hotels, providing insights into customer behavior.Research Methods: The review analyzed customer relationship management, organization picture, and perceived value as independent factors, with loyalty as the dependent variable and satisfaction as the mediator. Data came from 220 guests at Shariah hotels in Indonesia.Empirical Results: The study found strong links between personalized services, a positive organization picture, and perceived value with guest satisfaction and loyalty in Shariah-based hotels, emphasizing the need for effective CRM, a robust brand, and high-quality service.Implications: This research advances customer relationship management (CRM) and Customer Perceived Value (CPV) theories in Shariah hotels through personalized services, effective communication, and strong branding, guiding hotels to prioritize these strategies for customer loyalty in hospitality. JEL Classification: L83, M31, M39How to Cite:Sukma, A., Divinagracia, M. R. G., Divinagracia, L. A. (2024). The Path to Guest Satisfaction: Leveraging Personalized Services and Islamic Principles in Shariah Hospitality. Etikonomi, 23(2), 449 – 464. https://doi.org/10.15408/etk.v23i1.38502.
Do Digital Competitiveness and Government Efficiency Affect Macroeconomic? An Evidence From Asia-Pacific Countries Ernawati Ernawati; Muhammad Natsir; Mansyur Asri
ETIKONOMI Vol 23, No 2 (2024)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v23i2.34339

Abstract

Research Originality: This research divided the dimensions of digital competitiveness into knowledge, digital policy, and IT integration. The digital competitiveness variable was estimated simultaneously with government efficiency in influencing macroeconomic performance in Asia Pacific countries. This research proved the important role of responsive digital policies and government efficiency in driving the macroeconomy.Research Objectives: This research aimed to determine the effect of digital competitiveness and government efficiency on macroeconomic performance.Research Methods: Data was sourced from the International Institute for Management Development (IMD) publication from 2019 to 2022 for 13 Asia Pacific countries. The digital competitiveness considered in this research is knowledge, digital policy, and IT integration variables. Data was analyzed and processed using panel data regression.Empirical Results: The result showed that digital policy variables reduced macroeconomic performance, while government efficiency positively affected macroeconomic performance. Furthermore, the digital knowledge and IT integration variables did not significantly affect macroeconomic performance.Implications:  This research has significant implications for the development of responsive digital policies that promote macroeconomic performance. It also underscores the importance of governance by the government in controlling the high-cost economy to encourage productivity and macroeconomic performance. These implications provide valuable insights for policymakers and professionals in the field of economics and digital policy.JEL Classification: E60, H11, O39How to Cite:Ernawati, E., Natsir, M., & Asri, M. (2024). Do Digital Competitiveness and Government Efficiency Affect Macroeconomy? An Evidence from Asia Pacific Countries. Etikonomi, 23(2), 481-496. htttps://doi.org/10.15408/etk.v23i2.34339.
Unleashing the Central Bank Digital Currency Revolution and its Impact on Exchange Rate: A Monetary Approach Synthesis Akhmad Syakir Kurnia; Muhammad Adnan Assidiq
ETIKONOMI Vol 23, No 2 (2024)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v23i2.37788

Abstract

Research Originality: The introduction of CBDC by the Central Bank of Indonesia has increased the intensity of news about CBDC. Besides aiming to introduce the future direction of the payment system, the news potentially causes uncertainty and speculation in the market, which may impact the rupiah exchange rate.Research Objectives: This research analyzes the impact of CBDC news on the rupiah exchange rate, synthesizing a sticky price version of the monetary approach to the exchange rate. Research Methods: A CBDC News Index is constructed based on a compilation of news data from major online media between 2018 and 2023. The structural VAR (SVAR) method is thenemployed to investigate the impact of CBDC news on the exchange rate dynamic.Empirical Results: The results suggest a trend consistent with the hypothesis, indicating that news about CBDC may lead to pressure on the domestic currency, resulting in depreciation. However, the impact is not statistically convincing as the coefficient is not statistically different from zero. The monetary approach synthesis findings suggest that raising the policy rate is likely efficacious in counteracting the pressure of domestic currency depreciation. Meanwhile, other monetary approach variables exhibit anomalies related to exchange rate dynamics.Implications: As the central bank plans to implement a Central Bank Digital Currency (CBDC), it must carefully control the dissemination of information about what the CBDC will entail and how it will be rolled out. CBDC blueprint and official disclosure help reduce uncertainty and speculation about implementing CBDC.JEL Classification: D80, E58, F31How to Cite:Kurnia, A. S. & Assidiq, M. A. (2024). Unleashing the Central Bank Digital Currency Revolution and Its Impact on Exchange Rate: A Monetary Approach Synthesis. Etikonomi, 23(2), 271-286. https://doi.org/10.15408/etk.v23i2.37788
Factors Affecting Consumers' Comprehensive Vehicle Insurance Policy Purchasing Behavior Muhammet Kutlu; Serpil Sumer Adin; Hilal Mola; Şeyma Şahin Kutlu
ETIKONOMI Vol 23, No 2 (2024)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v23i2.37807

Abstract

Research Originality: With increasing vehicle values in Türkiye and high insurance costs, consumers' vehicle insurance purchasing preferences emerge as a dilemma. The study examines consumers' insurance purchasing behavior in this dilemma's context of risk and overconfidence tendencies.Research Objectives: This study aims to reveal the effects of individual characteristics, attitude toward risk, and overconfidence tendencies on comprehensive vehicle insurance policy purchasing behavior.Research Methods: A questionnaire was administered to 428 selected vehicle owners in Turkey, and the questionnaire results were analyzed using the binary logit model.Empirical Results: The study found that gender, education level, income level, market value of the vehicle, attitude towards risk, and self-confidence level have statistically significant effects on comprehensive vehicle insurance policy purchase decisions.Implications: The relationship between risk-taking behavior, overconfidence, and insurance purchasing behavior requires further discussion. Government policies that increase insurance awareness are recommended to weaken this relationship.JEL Classification: D12, G22, C25How to Cite:Kutlu, M., Sumer Adin, S., Mola, H., & Şahin Kutlu, S. (2024). Analysis of Factors Affecting Consumers' Comprehensive Vehicle Insurance Policy Purchasing Behavior. Etikonomi, 3(2), 539 – 554. https://doi.org/10.15408/etk.v23i2.37807.
Trust and Risk: Evidence from Rural Banks in Emerging Market Irwan Trinugroho; Aldy Fariz Achsanta; Taufiq Arifin; Nugroho Saputro
ETIKONOMI Vol 23, No 2 (2024)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v23i2.35775

Abstract

Research Originality: This research is the first to discuss how rural bank risk-taking behaviour is affected by trust in particular when the poverty rate is high.Research Objectives: This research aims to investigate how risk in rural banks is shaped by the two dimensions of trust by taking into account different poverty levels across the regionResearch Methods: To thoroughly conduct our research, we use quarterly dataset of rural banks obtained from Otoritas Jasa Keuangan (OJK) for the period of 2010Q2 to 2016Q3 when the bail-out regime was still in effect. We employ a random effect model to account for individual heterogeneity.Empirical Result: Our evidence suggests that in-group trust is detrimental to rural banks’ risk. Conversely, out-group trust positively affects rural banks’ stability only if the region has a lower poverty level.Implications: To reduce risk, the rural bank has to use social capital and penetrate informally to the market where in-group trust is high to be able to compete with informal lending and to contribute better to society.JEL Classification: G21, G28, G32How to Cite:Trinugroho, I., Achsanta, A. F., Arifin, T., & Saputro, N. (2024). Trust and Risk Evidence from Rural Banks in Emerging Markets. Etikonomi, 23(2), 287 – 298. https://doi.org/10.15408/etk.v23i2.35775
Analyzing Economic Resilience of Rural Tourism in Indonesia Using Synthetic Composite Index Nafiah Ariyani; Akhmad Fauzi
ETIKONOMI Vol 23, No 2 (2024)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v23i2.33355

Abstract

Research Originality: This study used a new method, namely the Adjusted Mazziotta-Pareto Index (AMPI) to measure and categorize economic resilience using clustering analysis. In addition, the innovative method had not been previously applied to tourism resilience in Indonesia, making this study the first to measure tourism village resilience.Research Objectives: This study aimed to analyze economic resilience of tourism village destinations in Indonesia from 2019 to 2022 during the COVID-19 pandemic. Research Methods: The procedures were carried out using a quantitative method to determine resilience index of tourism village in Indonesia during the COVID-19 pandemic. Data were obtained from form management documents as well as 24 tourism villages across Java, Bali, and West Nusa Tenggara Provinces. Empirical Results: The results showed that the majority of villages were significantly impacted in the initial year of COVID-19, but were able to recover, demonstrating strong capacity and performance in recovering from the pandemic shock. In addition, economic aspects of capacity and performance showed high adaptability after the pandemic, indicating relative resilience to the shock. Implications: The results of this study could inform policies to enhance tourism village resilience in Indonesia. JEL Classification: O18, Z32, Z38How to Cite:Ariyani, N., & Fauzi, A. (2024). Analyzing Economic Resilience of Rural Tourism in Indonesia Using Synthetic Composite Index. Etikonomi, 23(2), 415 – 432. https://doi.org/10.15408/etk.v23i2.33355.
Competition Dynamics of Market Share for Assets in the Banking Industry Using the Lotka-Volterra Model Approach Sri Wahyuni Jamal; Suparno Suparno; Umi Kartini Rashid; Fenty Fauziah
ETIKONOMI Vol 23, No 2 (2024)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v23i2.32226

Abstract

Research Originality: Competition in the banking sector is unavoidable.  Such competition is present among state-owned banks in Indonesia. In contrast to the previous studies that did not include the competition type and its stability, this study includes the competition type and its stability in the estimation.Research Objectives: This study aims to discover the competition type and its stability, and to forecast the market share among the four state-owned banks.Research Methods: Using market share data of assets published annually by each of the banks from 2010 to 2023, the study employs the Lotka-Volterra model approach to analyze the competition type and its stability that occur among the four state-owned banks.Empirical Results: The study discovers that the competition types of the four state-owned banks vary. There have been three competition types among the four state-owned banks: mutualism, predator-prey and pure competition. Besides, the stability property of the four state-owned banks tended to be unstable. By looking at the gains of market share for assets, only Mandiri’s market share gains will increase in the 2024-2028 period. As a result, the total market share gains for the four state-owned banks declined sequentially.Implications:This research holds significance for four state-owned banks in Indonesia as it provides valuable insights into considering the three competition types (mutualism, pure competition and predator-prey) as the primary key to achieving a significant market share value.JEL Classification: C61, D41, E17, G21How to Cite:Jamal, S. W., Suparno., Rashid, U. K., & Fauziah, F. (2024). Competition Dynamics of Market Share for Assets in the Banking Industry Using the Lotka-Volterra Model Approach. Etikonomi, 23(2), 299 – 316. https://doi.org/10.15408/etk.v23i2.32226 
Islamic Banks Stability in Indonesia: Assesing the Role of Islamicity Performance Amidst the Pandemic Challenges Siti Amaroh; Ely Masykuroh; Husnurrosyidah Husnurrosyidah; Maimunah Ali
ETIKONOMI Vol 23, No 2 (2024)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v23i2.37269

Abstract

Research Originality: Islamicity performance reflects adherence to Sharia principles, which are fundamental to Islamic banking operations. Research that emphasizes the contribution of Islamicity performance to the stability of Islamic bank requires additional studies.Research Objectives: This research examines the influence of banks’ internal factors, Islamicity performance, and macroeconomic factors on the Islamic bank stability amidst the pandemic challenges using financial intermediation theory.Research Methods:A random effects test was performed on a balanced panel data covering the period of 2017.1-2023.3 on 10 Islamic banks continuously publishing quarterly financial reports.Empirical Results: Credit risk and eficiency affect stability. Higher expenses enhance stability during pandemic. Reserves for uncollectible debt reduce stability. Islamicity performance in profit-sharing financing may reduce stability. Economic growth and inflation negatively affect stability pre-pandemic. Interest rate and dummy variables have positive effects.Implications: These findings imply the significance of preemptive risk management, cost-effective operations, prudent reserves allocation, and regulatory compliance to enhance stability in Islamic bank across varying economic circumstances.JEL Classification: E4, G21, B22How to Cite:Amaroh, S., Masykuroh, E., Husnurrosyidah., & Ali, M., (2024). Islamic Banks Stability in Indonesia: Assesing the Role of Islamicity Performance Amidst the Pandemic Challenges. Etikonomi, 23(2), 317 – 332. https://doi.org/10.15408/etk.v23i2.37269.

Page 1 of 2 | Total Record : 18

 1   2 

Filter by Year

2024 2024


Reset
Filter By Issues
All Issue Vol. 24 No. 2 (2025) Vol 24, No 1 (2025) Vol 23, No 2 (2024) Vol 23, No 1 (2024) Vol 22, No 2 (2023) Vol 22, No 1 (2023) Vol 21, No 2 (2022) Vol 21, No 1 (2022) Vol 20, No 2 (2021) Vol 20, No 1 (2021) Vol 19, No 2 (2020) Vol 19, No 1 (2020) Vol 18, No 2 (2019) Vol 18, No 1 (2019) Vol 17, No 2 (2018) Vol 17, No 1 (2018) Vol 16, No 2 (2017) Vol 16, No 1 (2017) Vol 15, No 2 (2016) Vol 15, No 1 (2016) Vol. 14, No. 2, Oktober 2015 Vol. 14, No. 1, April 2015 Vol. 13, No. 2, October 2014 Vol. 13, No. 1, April 2014 Vol. 12, No. 2, October 2013 Vol. 12, No. 1, April 2013 Vol. 11, No. 2, October 2012 Vol. 11, No. 1, April 2012 More Issue