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Journal of Economics and Economic Policy
Published by Antis Publisher
ISSN : -     EISSN : 30474892     DOI : https://doi.org/10.61796/ijecep.v1i3
Core Subject : Economy, Social,
Economics, Econometrics & Finance Social Sciences
The Journal of Economics and Economic Policy is a monthly publication at the forefront of economic scholarship, offering a diverse and comprehensive exploration of contemporary economic issues. With a commitment to excellence, the journal provides a platform for leading economists, researchers, and academics worldwide to share their innovative insights and cutting-edge research findings. Rigorously peer-reviewed, each issue covers a broad spectrum of economic disciplines, including macroeconomics, microeconomics, econometrics, international economics, and financial economics. The journals global perspective fosters an inclusive dialogue, addressing the interconnected challenges and opportunities facing economies across the world. Emphasizing a timely publication schedule, the International Journal of Economics ensures that readers stay informed about the latest advancements and policy implications, making it an indispensable resource for scholars, policymakers, and practitioners navigating the complexities of the ever-evolving economic landscape.
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 186 Documents
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QUALITY CONTROL DUE TO DAMAGED RETURNED GOODS AT THE CHANGHONG WAREHOUSE Putranti, Indah Puspitaning Tyas; Luluk Fauziah
Journal of Economic and Economic Policy Vol. 2 No. 4 (2025): Journal of Economics and Economic Policy
Publisher : PT. Antis International Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijecep.v2i4.79

Abstract

Objective: This research aims to describe quality control related to damage in returned goods, identify quality control implementation using the PDCA (Plan-Do-Check-Act) method. Method: To address these issues, the company implemented strategies such as fishbone diagram analysis and the 5 Why analysis, and developed a Work Instruction (WI) as a standard operating guideline to support comprehensive quality control improvements. Results: The results of the study indicate that the primary causes of damage to returned goods include improper use of hand pallets and an overloaded warehouse, leading to limited and inaccessible storage space. In addition, ineffective communication also contributes to the high number of returned goods. Novelty: The company has obtained ISO 9001 certification, which focuses on quality management systems, as evidence of its commitment to implementing quality control standards. However, in practice, the quality control implementation at this company has not been optimal. This is evident from the high rate of damage in returned goods, which exceeds the annual target limit of 90 cartons out of the total returned items received.
CUSTOMS CLEARANCE PROCESS DISCOVERY OF RED LANE IMPORT GOODS Sulistyarini, Galuh Dwi; Luluk Fauziah
Journal of Economic and Economic Policy Vol. 2 No. 4 (2025): Journal of Economics and Economic Policy
Publisher : PT. Antis International Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijecep.v2i4.80

Abstract

Objective: This research aims to analyze the customs clearance process for the discovery of imported goods in the red lane. Method: This research used a qualitative method with data collection through interviews, observations, and documentation. Results: The results of the study indicate that the customs clearance process for the discovery of imported goods in the red lane is quite complex, which includes an in-depth examination of documents and physical imported goods, verification of the status of the found goods if they are classified as Non-LARTAS must payment SPTNP, while goods included in the LARTAS category then the goods are not allowed to leave by Customs so that the Release of Part of the Imported Goods applies after the issuance of SPPB Notes. Novelty: Customs Clearance is a crucial process in international trade activities, especially imports. This process involves a channeling response from Customs, one of them is the red lane. Where imported goods require further action due to certain risk factors.
BUSINESS FEASIBILITY ANALYSIS OF THE MSMES “SEBLAK KING” Yurofi’ah, Ilma Alfi; Luluk Fauziah
Journal of Economic and Economic Policy Vol. 2 No. 4 (2025): Journal of Economics and Economic Policy
Publisher : PT. Antis International Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijecep.v2i4.81

Abstract

Objective: Indonesia is one of the countries that is a tourist destination because of its culinary richness. The potential for a strong national economic base can be seen from the very large number of MSMEs and their ability to absorb a large workforce. MSME "Seblak King" is one type of culinary business that is currently popular with the public, with products made from kencur, chili, raw crackers, and various other toppings. This study aims to analyze the feasibility of the business of the MSME "Seblak King" located in Krajan Village, Purwoharjo District, Banyumas Regency, based on five aspects of feasibility, namely finance. Method: The research method used is descriptive qualitative with data collection techniques through observation, interviews and documentation. Results: The results of the study indicate that the “Seblak King” business is feasible to run and develop. From the financial aspect, a positive Payback Period value is obtained, a decent Return on Investment, Net Present Value, Profitability Index and Internal Rate of Return have positive values ​​or the business is feasible to be developed and run. Based on the overall analysis, the “Seblak King” MSMES is declared feasible to run and has promising business prospects. Novelty: The feasibility of the “Seblak King” MSME business is assessed through a comprehensive approach that integrates five main aspects—namely market and marketing, technical and operational, human resources, legal, and financial—in a comprehensive and practical manner.
RISK ANALYSIS OF SINGLE STOCKS AND PORTFOLIOS IN LQ45 INDEX Astuti, Tri Heni; Pramuditha Dwi Anggraini
Journal of Economic and Economic Policy Vol. 2 No. 4 (2025): Journal of Economics and Economic Policy
Publisher : PT. Antis International Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijecep.v2i4.82

Abstract

Objective:  This study aims to measure and compare the Value at Risk (VaR) between single stocks and a portfolio within the LQ45 index using the Variance-Covariance method. Method: Daily closing prices of three companies—PT Bank Rakyat Indonesia (BBRI), PT Bank Central Asia (BBCA), and PT Astra International (ASII)—from January to October 2024 were analyzed. The Kolmogorov-Smirnov test confirmed the normal distribution of returns, validating the use of the Variance-Covariance approach. Risk for individual stocks was calculated using standard deviation, while portfolio risk incorporated covariance between asset returns. Results: The results show VaR values of Rp3,057,807 (BBRI), Rp2,243,478 (BBCA), and Rp2,928,485 (ASII) for single stocks, while the combined portfolio had a lower VaR of Rp1,985,061. Novelty: These findings indicate that diversification effectively reduces investment risk. The study provides practical insights for investors aiming to manage potential losses through portfolio construction.
SCIENTIFIC-PRACTICAL APPROACH TO FORMING THE SPATIAL LAYOUT OF ENTERPRISES Rahimberdievich, Ubraimov Shukhratjon
Journal of Economic and Economic Policy Vol. 2 No. 4 (2025): Journal of Economics and Economic Policy
Publisher : PT. Antis International Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijecep.v2i4.83

Abstract

Objective: This study aims to develop a scientifically grounded methodology for assessing and managing the economic potential of manufacturing enterprises undergoing structural, technological, and institutional transformations. Method: The research employs the principal component method and correlation-regression analysis to identify key indicators reflecting the structural transformation process. Empirical data from multiple enterprises over five years were analyzed using SPStatistics to construct correlation matrices and reduce variables to the most informative set. Results: Factor analysis revealed that the receivables-to-payables ratio and capital autonomy exert the most significant influence on overall economic potential. These indicators enable enterprise managers to make data-driven decisions, enhance structural efficiency, and improve competitiveness. Novelty: The study introduces an adaptive and comprehensive approach that integrates modern quantitative techniques into a practical framework for evaluating and managing economic potential. This methodology facilitates simplification of complex economic assessments and supports strategic adaptation, including digital transformation, in a dynamic economic environment.
THE INFLUENCE OF BUREAUCRATIC REFORM, HUMAN RESOURCE STRENGTHENING, AND DIGITALIZATION ON EXCELLENT CIVIL SERVANTS THROUGH EMPLOYEE MOTIVATION AS A MEDIATING VARIABLE Prayogo, Sulung Anom; Hendayana, Yayan; Hidayat, Wastam Wahyu; Renwarin, Joseph M J; Eprianto, Idel
Journal of Economic and Economic Policy Vol. 2 No. 4 (2025): Journal of Economics and Economic Policy
Publisher : PT. Antis International Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijecep.v2i4.85

Abstract

Objective:  This study aims to analyze the influence of bureaucratic and governance reforms, human resource (HR) strengthening, and digitization and information technology on the realization of a superior Civil Service (ASN), with employee motivation as a mediating variable. Method: The study was conducted within the Directorate General of Budget (DJA) of the Ministry of Finance, using a quantitative approach with the Structural Equation Modeling based on Partial Least Squares (SEM-PLS) method. Data was collected through a questionnaire administered to 344 DJA employees. Results: The results of the hypothesis testing indicate that bureaucratic reform and governance (β = 0.178; t = 2.326), HR strengthening (β = 0.394; t = 4.704), and digitalization (β = 0.164; t = 1.948) have a significant positive effect on employee motivation. Employee motivation also significantly influences high-quality civil service human resources (β = 0.372; t = 7.278). Additionally, employee motivation significantly mediates the relationship between the three independent variables and high-quality civil service human resources, although the indirect effect of digitalization is relatively smaller (β = 0.061; t = 1.870). Novelty: These findings confirm that the success of bureaucratic transformation is not only determined by technical policies but also by psychological aspects such as work motivation. This study contributes to the development of public sector human resource management policies based on strengthening employees' intrinsic and extrinsic motivation.

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