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Contact Name
Teuku Rizky Noviandy
Contact Email
trizkynoviandy@gmail.com
Phone
+6282275731976
Journal Mail Official
editorial-office@journals.grimsa.org
Editorial Address
Jalan Makam T. Nyak Arief, Krueng Barona Jaya, Aceh Besar, Indonesia
Location
Kab. aceh besar,
Aceh
INDONESIA
Grimsa Journal of Business and Economics Studies
ISSN : -     EISSN : 30320534     DOI : https://doi.org/10.61975/gjbes
Grimsa Journal of Business and Economics Studies aims to provide a platform for researchers, scholars, and professionals to share their innovative ideas, findings, and insights in the following areas: Economic Theory and Analysis, Business Management and Strategy, Finance and Investment, Marketing and Consumer Behavior, Entrepreneurship and Innovation, International Business and Trade, Economic Development and Policy, Sustainable Business Practices, Data Analytics and Business Intelligence, Labor Economics and Human Resources, Financial Technology, Business Ethics and Corporate Governance
Articles 5 Documents
Search results for , issue "Vol. 3 No. 1 (2026): January 2026" : 5 Documents clear
The Effects of Tourism Determinants on Poverty through Economic Growth in Indonesia Abbas, Munawwir; Silvia, Vivi; Nasir, Muhammad
Grimsa Journal of Business and Economics Studies Vol. 3 No. 1 (2026): January 2026
Publisher : Graha Primera Saintifika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61975/gjbes.v3i1.94

Abstract

As an archipelagic and developing country, Indonesia faces complex and persistent poverty challenges that hinder both societal welfare and provincial economic growth. This study aims to examine the factors influencing tourism and assess efforts to reduce poverty through economic growth. Using panel data from 34 provinces in Indonesia for the period 2016 to 2024, the analysis applies a random effects regression model. The results show that domestic tourist arrivals, international tourist arrivals, occupancy rates of starred hotels, and occupancy rates of non-starred hotels exert a positive and significant effect on poverty. In contrast, economic growth does not significantly influence poverty and does not function as a mediating variable. To sustain increases in tourist arrivals both domestic and international the government should enhance promotional efforts for Indonesian tourism and strengthen support for regional tourism development. Moreover, providing subsidies and improving access to business loans for hotel operators can help expand their operational capacity. Finally, the government needs to improve the competence of tourism stakeholders through well designed and effective education and training programs.
The Moderating Role of Foreign Investment in the Relationship between Economic Growth Determinants in Sumatra Island Baizura, Aisar Riski; Zulham, T; Silvia, Vivi
Grimsa Journal of Business and Economics Studies Vol. 3 No. 1 (2026): January 2026
Publisher : Graha Primera Saintifika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61975/gjbes.v3i1.100

Abstract

Economic growth in Sumatra Island still faces structural challenges, especially related to the high level of open unemployment, the quality of human development, and the effectiveness of local government spending. On the other hand, the role of foreign investment in strengthening the relationship between these factors and economic growth has not yet shown empirical consistency, so it is important to study it more deeply. This study aims to evaluate the effect of open unemployment rate, Human Development Index (HDI), and government expenditure on economic growth in Sumatra Island, by including foreign investment as a moderating variable. This study uses panel data from ten provinces for the period 2011-2024 and is analyzed using the Fixed Effect Model (FEM) and Moderated Regression Analysis (MRA). The results show that the open unemployment rate has a significant negative effect on economic growth, while the Human Development Index (HDI) has no statistical effect. Government spending has a significant negative effect, indicating that the effectiveness of regional spending is not yet optimal in driving economic growth. In the moderation test, foreign investment was proven to strengthen the effect of government spending on economic growth, but it was not able to significantly moderate the effect of unemployment and HDI. These findings confirm that foreign investment is more effective when accompanied by good fiscal governance and human resource readiness. This study recommends optimizing the quality of public spending, implementing productive job creation programs, and synergizing foreign investment with regional human resource capacity development to promote inclusive and sustainable economic growth.
Governance Quality and Innovation Capability: Insights from Indonesia Hardi, Irsan; Majid, M. Shabri Abd.; Farlian, Talbani; Saleh, M.; Suriansyah, Andri; Syazalisma, Cut; Mose, Naftaly
Grimsa Journal of Business and Economics Studies Vol. 3 No. 1 (2026): January 2026
Publisher : Graha Primera Saintifika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61975/gjbes.v3i1.103

Abstract

Innovation is a key driver of national competitiveness, and its advancement increasingly relies on the strength of governance quality. However, empirical evidence linking governance performance to national innovation outcomes in the Indonesian literature remains limited. This study addresses this gap by assessing how the Worldwide Governance Indicators (WGI), used as a proxy for governance quality, affect Indonesia’s innovation capability as measured by the Global Innovation Index (GII). The analysis also incorporates additional factors that commonly influence innovation capabilities, including economic growth, foreign direct investment, and the labor force. By adopting a decomposition model to evaluate the individual contributions of each WGI dimension, and employing Gaussian Identity-link GLMs and robust least squares methods, the results show that governance quality overall has a positive and significant effect on Indonesia’s GII. When each component of the WGI is assessed individually, most dimensions display positive effects, with voice and accountability, political stability, and rule of law showing notably significant impacts. These findings imply that strengthening governance structures, particularly in transparency, stability, and legal certainty, is essential for advancing Indonesia’s innovation capability.
Analysis of Financial Education, Risk Management, and Accessibility of Technology-Based Loans on Improving Village Economic Resilience Lestari, Soraya; Muksalmina, Muksalmina; Baiti, Baiti; Hayati Hasan, Salwa; SI, Sari Raudhatul Jannah
Grimsa Journal of Business and Economics Studies Vol. 3 No. 1 (2026): January 2026
Publisher : Graha Primera Saintifika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61975/gjbes.v3i1.108

Abstract

Village economic resilience is critical for sustainable rural development, yet remains challenged by limited financial literacy, inadequate risk management, and restricted access to capital. This study examines how financial education, risk management, and technology-based loan accessibility influence economic resilience among culinary sector MSMEs in Syiah Kuala District, Banda Aceh. Using a quantitative approach, data were collected through Likert-scale questionnaires distributed to 68 respondents selected via proportional stratified random sampling from 217 culinary MSMEs. Multiple linear regression analysis reveals that all three independent variables significantly and positively affect village economic resilience. Technology-based loan accessibility emerged as the most dominant factor, followed by financial education and risk management. The findings suggest that integrated interventions combining digital financial inclusion, financial literacy programs, and risk management training can substantially strengthen rural economic resilience. This research contributes empirical evidence on the synergistic effects of these factors in developing economies and provides actionable insights for policymakers designing resilient rural economic development strategies. From a policy perspective, the findings highlight the importance of integrated rural economic policies that simultaneously promote financial education, strengthen risk management capacity, and expand responsible access to technology-based lending. Policymakers and local governments are encouraged to design village-level financial literacy programs and fintech regulations that support productive MSME financing while minimizing financial vulnerability.
Sociodemographic Determinants of Youth NEET in Indonesia Hidayat, Rahmad; Dawood, Taufiq C.; Abrar, Muhammad
Grimsa Journal of Business and Economics Studies Vol. 3 No. 1 (2026): January 2026
Publisher : Graha Primera Saintifika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61975/gjbes.v3i1.110

Abstract

Indonesia’s youth NEET (Not in Education, Employment, or Training) rate has consistently exceeded 20 percent since 2018, indicating a substantial loss of productive human capital and posing serious socio-economic challenges that require structural policy responses. This study examines the sociodemographic factors associated with NEET status among individuals aged 15–24 in Indonesia, while also investigating the role of socio-digital factors that remain underexplored in existing research. Using data from the 2023 National Labor Force Survey (SAKERNAS) and a sample of 158,816 youth, the analysis employs binary logistic regression to assess the effects of individual characteristics (gender, age, marital status, disability, and education), household characteristics (education and marital status of the household head), and socio-digital factors (technology access and participation in government programs) on the probability of being NEET. The findings demonstrate that NEET status in Indonesia represents a complex and multidimensional problem, with an estimated prevalence of approximately 24.3 percent and strong influences from sociodemographic factors. Higher educational attainment, unmarried status, and prior work experience are associated with a lower likelihood of being NEET, whereas access to information technology and higher educational attainment of the household head are linked to a higher risk. These results underscore the need for an integrated and context-specific policy strategy that combines employment creation, enhancement of vocational education quality, strengthening of digital skills, and family planning initiatives, while accounting for regional disparities.

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