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Journal of Economics Business Industry
Published by Lembaga Penelitian dan Ilmu Pengetahuan JEPIP
ISSN : 30250528     EISSN : 30250986     DOI : https://doi.org/10.59976/jebin
Core Subject : Economy, Science,
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance
Journal of Economics Business Industry is a journal through a peer-review process.  Journal of Economics Business Industry for academics and researchers to publish their articles which is an original text that has not been published in another journal. The focus and scope are in the fields of Economics Industry, Mangement and Industry Businees, Economics Finance, Economics accounting, Economics Business.
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 45 Documents
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Development Strategy for an Oyster Mushroom Business in Nueva Ecija, Philippines Using SWOT and Use Oyster Mushroom Business Or Oyster Mushroom Cultivation Business Jomell M. Campos; Emmanuel N. Santiago
Journal of Economics Business Industry Vol. 1 No. 3 (2024): March
Publisher : Lembaga Penelitian dan Ilmu Pengetahuan JEPIP

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59976/jebin.v1i3.39

Abstract

This study aims to formulate and prioritize development strategies for an oyster mushroom cultivation business located in Barangay Singalat, Muñoz, Nueva Ecija, Philippines. The business faces several problems, including declining production based on internal business records, limited production capacity, simple production facilities, short shelf life of fresh oyster mushrooms, weak financial recording, limited use of digital marketing, and failure to achieve sales targets. This study used a descriptive case study approach by combining SWOT analysis and TOPSIS. Data were collected through observation, business record review, and interviews with 10 purposively selected informants consisting of the owner, production workers, marketing personnel, customers, local agricultural officers, and agribusiness experts. The Internal Factor Evaluation matrix and External Factor Evaluation matrix were used to evaluate internal and external conditions. The IFE score was 3.056, indicating a strong internal position, while the EFE score was 2.991, indicating a moderate to high external response. The IE matrix placed the business in the growth and build position. SWOT analysis generated eight alternative strategies, which were then ranked using TOPSIS based on four criteria. After recalculation, the priority strategy was A4, namely creating educational and promotional social media content to attract customers, with a corrected closeness coefficient of 0.7853 under the assumption that implementation burden is treated as a cost criterion. The results indicate that digital promotion can be prioritized, but it must be supported by production planning, delivery readiness, financial recording, and product shelf life management. This study contributes to strategic decision making for small scale oyster mushroom agribusiness by integrating SWOT diagnosis with TOPSIS based priority ranking.
Branch Level Courier Employee Performance Measurement Using the Human Resource Scorecard and Analytical Hierarchy Process: Evidence from a Bangkok Logistics Branch Kanyarat Phasukchai; Chalita Boonmee; Suphaporn Minambue
Journal of Economics Business Industry Vol. 1 No. 3 (2024): March
Publisher : Lembaga Penelitian dan Ilmu Pengetahuan JEPIP

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59976/jebin.v1i3.205

Abstract

This study evaluates courier employee performance at a Bangkok branch of a Thai logistics company by integrating the Human Resource Scorecard (HRSC) and the Analytical Hierarchy Process (AHP). The study is designed as a descriptive evaluative case study rather than a causal test of company wide organizational performance. Employee data were obtained from 40 active couriers through a structured questionnaire and operational performance records, while priority judgments were obtained from three managerial experts who were directly involved in branch human resource and courier operations. The HRSC framework was used to classify performance indicators into financial, customer, internal business process, and learning and growth perspectives. AHP was used to assign relative managerial priority weights through pairwise comparison, not to test statistical influence. After correcting the normalization of the reported priority vector, learning and growth received the highest priority, followed by financial, customer, and internal business process perspectives. Performance achievement was then evaluated by combining capped achievement scores with global AHP weights. The measurable KPI composite score was 96.16, indicating green branch level performance based on the revised threshold of Green >= 90, Yellow >= 70 and < 90, and Red < 70. The findings suggest that learning, digital capability, career development, attendance discipline, service reliability, and internal communication should be treated as managerial priorities for branch improvement. The results are limited to the selected branch, cross sectional observations, a small expert panel, and self reported employee measures. Therefore, broader relevance to logistics firms in Thailand or ASEAN should be interpreted cautiously and requires external validation.
Fish Value Addition and Livelihood Outcomes of Fishing Communities: Evidence from Mkinga District, Tanzania: Fish Value Addition and Livelihood Outcomes Abeid Hussein Rashid
Journal of Economics Business Industry Vol. 3 No. 3 (2026): March
Publisher : Lembaga Penelitian dan Ilmu Pengetahuan JEPIP

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59976/jebin.v3i3.215

Abstract

Fish value addition has been widely recognised as a catalyst for improving the livelihoods of fishing communities in sub-Saharan Africa. However, empirical evidence on its structural, economic, and socio-livelihood implications within specific coastal districts of Tanzania remains sparse. Objective: This study investigates the implications of fish value addition on the livelihood outcomes of fishing communities in Mkinga District, Tanga Region, Tanzania. Methods: A cross-sectional design was employed. Data were collected from 338 randomly selected registered fishermen using structured questionnaires, supplemented by semi-structured interviews, focus group discussions, and documentary analysis. Value chain mapping, descriptive statistics, and financial profitability analysis were applied. Results: The fishing value chain in Mkinga comprises eight distinct strands involving fishers, assemblers, wholesalers, processors, retailers, food vendors, and consumers. Fishermen demonstrated high awareness of value addition benefits (99.1% affirmed income-enhancement potential), yet practical adoption remains severely constrained by limited access to processing equipment (8.7% reported access), high initial costs (98.3%), and market barriers (93.0%). Average daily fish revenue stood at TZS 83,904 (approximately USD 32), with processed fish strands achieving up to TZS 9,000 per kilogram compared to TZS 3,983 for fresh fish. Housing conditions are predominantly rudimentary, 53.9% of households face regular food insecurity, and all respondents rely exclusively on uncovered wells for drinking water. Conclusion: Value addition holds transformative potential for coastal fishing communities in Mkinga but remains constrained by structural gaps in infrastructure, finance, and market access. Targeted policy interventions involving cooperative strengthening, processing technology subsidies, and market information systems are urgently needed.
Fan Economy and Purchasing Decisions: The Role of Product Diversity, Price Perception, and Promotion in the K-Pop Merchandise Market in Indonesia Vini Reski Utami; Winda Cantika Rispo; Juwitan Intan
Journal of Economics Business Industry Vol. 1 No. 3 (2024): March
Publisher : Lembaga Penelitian dan Ilmu Pengetahuan JEPIP

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59976/jebin.v1i3.218

Abstract

The development of the Korean Wave (Hallyu) in Indonesia has significantly driven the growth of the K-pop merchandise market. This study aims to analyze the influence of product diversity, price perception, and promotion on purchasing decisions for K-pop merchandise. A quantitative research method with a survey approach was employed, using questionnaires distributed via WhatsApp and Instagram social media platforms. The research sample consisted of 97 respondents selected through purposive sampling, with the criterion that participants had shopped at the Cherrys.lab store more than once. Data analysis was conducted using the Partial Least Squares Structural Equation Modeling (PLS-SEM) method with SmartPLS software. The results indicate that product diversity has a significant effect on purchasing decisions (T-statistic = 2.261; P-value = 0.024), price perception has a significant effect on purchasing decisions (T-statistic = 3.637; P-value = 0.000), and promotion has a significant effect on purchasing decisions (T-statistic = 10.710; P-value = 0.000). Promotion is the most dominant variable influencing purchasing decisions. The R-Square value of 0.942 indicates that 94.2% of the variance in purchasing decisions is jointly explained by the three variables. This study provides practical implications for K-pop merchandise store managers to optimize digital-based promotional strategies, expand product diversity, and establish competitive pricing in order to increase consumer purchasing decisions.  
Spatial Attenuation of the Growth-Poverty Nexus: A Spatial Econometric Analysis Across Regencies in West Java, Indonesia Selin Sanita; Mia Riskika; Rika Miswardiya Ningsih; Hipzi Aulia Khair
Journal of Economics Business Industry Vol. 1 No. 3 (2024): March
Publisher : Lembaga Penelitian dan Ilmu Pengetahuan JEPIP

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59976/jebin.v1i3.221

Abstract

The persistent decoupling of aggregate economic growth from subnational poverty reduction constitutes one of the most consequential paradoxes in development economics, particularly in spatially polarised economies where productive activity and welfare gains accumulate in core regions while peripheral areas remain structurally excluded. This study investigates the transmission mechanisms through which three structural determinants Gross Regional Domestic Product (GRDP), average years of schooling as a human capital proxy, and the Gender Empowerment Index (GEI) shape poverty outcomes across five chronically poor regencies in West Java, Indonesia: Indramayu, Tasikmalaya, Garut, Cianjur, and Kuningan, over the period 2010–2021. Employing a balanced panel dataset of 60 observations drawn from the Central Bureau of Statistics, the study applies multiple linear regression within a Fixed Effect Model (FEM) framework, selected through sequential Chow and Hausman tests, with all classical diagnostic criteria satisfied. Estimation results reveal that GRDP exerts a negative and statistically significant effect on poverty (β = −0.487; p < 0.01), yet with a modest coefficient magnitude that reflects attenuated trickle-down effects arising from growth concentration in West Java's northern manufacturing corridor. Education demonstrates the largest poverty-reducing effect in the model (β = −1.624; p < 0.01), consistent with a pronounced human capital scarcity premium in regencies where average schooling remains below eight years. The GEI, by contrast, yields no significant effect (β = −0.032; p = 0.508), revealing a critical transmission failure between nominal empowerment gains and substantive welfare improvements attributable to the double burden of domestic and productive labour, the prevalence of unpaid family work, and entrenched patriarchal norms in Sundanese agrarian communities. Jointly, the three variables account for 92.6 percent of poverty variation (Adjusted R² = 0.926). This study advances the subnational poverty literature by delivering spatially specific panel evidence from Indonesia's most populous yet empirically understudied province, while enriching the feminisation of poverty framework within a distinctive cultural context that challenges the universality of gender-empowerment-to-welfare transmission pathways
Supply Chain Disruption, Resilience Capability, and Firm Survival in Medan's Palm Oil Industry Post-COVID-19 Dayat Firman; Komar Yusuf; Attariq Khuda
Journal of Economics Business Industry Vol. 1 No. 3 (2024): March
Publisher : Lembaga Penelitian dan Ilmu Pengetahuan JEPIP

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59976/jebin.v1i3.224

Abstract

This study aims to examine the impact of supply chain disruption on firm survival in the palm oil industry in Medan following the COVID-19 pandemic. It also investigates the mediating role of resilience capability in mitigating the negative effects of disruptions on organizational sustainability. This research employs a mixed-methods approach using a sequential explanatory design. Quantitative data were collected from 196 palm oil companies in Medan and surrounding areas through structured questionnaires. The data were analyzed using structural equation modeling (SEM) to assess the relationships between variables. Additionally, qualitative insights were used to enrich the interpretation of the findings. Resilience capability was measured through four dimensions: adaptability, agility, robustness, and collaborative networking. The results indicate that supply chain disruption has a significant negative effect on firm survival. However, resilience capability plays a crucial mediating role in reducing this negative impact. Firms with higher levels of resilience are better able to maintain operational performance despite severe disruptions. Furthermore, factors such as technology adoption and firm size also influence a company’s ability to survive during crisis conditions. This study contributes to the supply chain management literature by integrating supply chain disruption and firm survival within the context of the palm oil industry in a developing country. It highlights the strategic importance of resilience capability as a mediating mechanism and provides empirical evidence from the post-pandemic period, offering practical implications for building more adaptive and resilient supply chains.
Market Power in an Emerging Economy: Evidence from South African Listed Nonfinancial Firms Ingrid Woolard; Fiona Tregenna; Reena das Nair; Lawrence Edwards
Journal of Economics Business Industry Vol. 2 No. 1 (2024): July
Publisher : Lembaga Penelitian dan Ilmu Pengetahuan JEPIP

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59976/jebin.v2i1.227

Abstract

This study examines market power dynamics in South Africa, an emerging market and developing economy, by estimating firm-level markups for listed nonfinancial corporations and assessing their variation across time, sectors, firm size, profitability, and macroeconomic conditions. Design Using annual financial statement data for 215 Johannesburg Stock Exchange-listed nonfinancial firms across 16 sectors from 2004 to 2022, the study applies a production-based markup estimation method following De Loecker and Warzynski. Sales-weighted aggregate markups, sectoral distribution analysis, and fixed-effects panel regressions are used to evaluate markup movements and their relationship with firm performance and macroeconomic variables. The results show an average aggregate markup of 1.78, indicating market power, but no consistent upward trend as commonly observed in advanced economies. South African markups are volatile, rising during the commodity boom, declining during the global financial crisis and COVID-19 shock, and recovering by 2022. High markups are concentrated among large firms and in technology, real estate, and telecommunications, while transportation, oil and gas, and retail record lower markups. Markups are positively associated with profitability but negatively associated with interest rates and exchange rate depreciation. The study provides novel firm-level evidence on market power in an underexplored emerging economy and shows that markup dynamics in such contexts are shaped strongly by macroeconomic instability and commodity cycles. Policymakers should target dominant firms and high-markup sectors through stronger competition enforcement. The study is limited to listed firms; future research should include unlisted firms and causal macroeconomic modelling.
The Convergence Paradox in Papua, Special Autonomy Transfers, Catch-Up Growth, and Persistent Inequality Ahmad Hidayat; Syarifah Nur Azizah; Benny Kurniawan Prasetyo
Journal of Economics Business Industry Vol. 2 No. 1 (2024): July
Publisher : Lembaga Penelitian dan Ilmu Pengetahuan JEPIP

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59976/jebin.v2i1.232

Abstract

This study evaluates whether the Special Autonomy Fund (Dana Otonomi Khusus, hereinafter Otsus), distributed over two decades under Law Number 21 of 2001, has successfully reduced economic disparities across 28 districts in Papua province, Indonesia. Using district-level gross regional domestic product (GRDP) per capita data at constant 2010 prices compiled from Statistics Indonesia (BPS) over the period 2002 to 2021, we apply both absolute and conditional beta-convergence regressions alongside sigma-convergence trend analysis. The results reveal a convergence paradox: while absolute beta-convergence is statistically confirmed (β=−0.0127, p<0.01), indicating that economically lagging districts exhibited faster relative growth, sigma-convergence analysis yields the opposite conclusion, as the cross-sectional standard deviation of log GRDP per capita rose monotonically from 1.124 in 2002 to 1.521 in 2021. Conditional beta-convergence incorporating Otsus fund per capita absorption, human development index, and an infrastructure composite index yields an estimated convergence speed of 2.84 percent per year, implying a theoretical half-life of approximately 24.4 years. The coexistence of beta-convergence and sigma-divergence is primarily driven by the structural outlier position of Mimika district, whose GRDP per capita is inflated by Grasberg mining activity, and by the uneven institutional capacity of district governments to absorb and channel fiscal transfers productively. These findings suggest that while Otsus transfers have modestly supported catch-up growth in lagging areas, the fiscal instrument alone has been insufficient to overcome structural inequalities embedded in natural resource geography and institutional gaps.
Technology Transfer, Crop Production, and Food Security: Evidence from Vietnam’s ATDP Participation Nguyen Anh Bo; Nguyen Van Duong; Jingbo Cui Thi Ha; Shen Lin Bo
Journal of Economics Business Industry Vol. 2 No. 1 (2024): July
Publisher : Lembaga Penelitian dan Ilmu Pengetahuan JEPIP

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59976/jebin.v2i1.236

Abstract

This study aims to examine the causal effect of agricultural technology transfer through Vietnam’s participation in the Greater Mekong Subregion Agricultural Technology Demonstration Program (ATDP) on crop production, trade performance, and food security. Using a province-by-crop panel dataset covering 63 Vietnamese provinces, eight food crops, this study applies a triple difference-in-differences approach by comparing recipient and non-recipient provinces, demonstration and non-demonstration crops, and pre- and post-program periods. Robustness is assessed through parallel trend and event-study analyses. The results show that ATDP participation significantly increases harvest area and grain production of demonstration food crops by approximately 20.1% and 15.96%, respectively. The effect emerges around two years after implementation and remains persistent. ATDP also expands export volume and value, reduces import dependence in direction, and improves food security indicators at the provincial level. Mechanism analysis indicates that free-standing technical assistance and programs implemented by state-owned enterprises generate stronger outcomes than general grant aid. This study contributes to the literature by providing causal evidence on South-South agricultural technology cooperation using a rigorous triple DID design at the province-crop level. The findings suggest that agricultural cooperation should prioritize context-specific technical demonstration, extension training, and institutional implementation capacity. The study is limited to first-cohort ATDP provinces and selected food crops; future research should examine longer-term yield intensification, household welfare, and cross-country replication.
New Quality Productive Forces in Taiwan Evidence from the Three New Economy Framework Ling-Chih Chen; Yung-Shan Su; Wen-Tha Hsu; Tai-San Hu; Chiang Kao
Journal of Economics Business Industry Vol. 2 No. 1 (2024): July
Publisher : Lembaga Penelitian dan Ilmu Pengetahuan JEPIP

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59976/jebin.v2i1.241

Abstract

This study aims to measure the development of New Quality Productive Forces (NQPF) in Taiwan and explain their regional growth patterns, disparities, and spatial coordination dynamics under the Three New Economy framework. The study analyzes 19 Taiwanese administrative units from 2016 to 2022 using the super-efficiency MinDW Malmquist index, Dagum Gini decomposition, spatial conditional kernel density estimation, and spatial Markov chain analysis. Taiwan’s NQPF increased moderately, with a national average index of 1.02, but growth remained uneven. Six regional growth patterns were identified, ranging from synchronous growth in major innovation corridors to incubation patterns in structurally constrained areas. Regional inequality widened after 2019 and formed a North high, East low spatial gradient, with between-region disparity contributing the largest share of total inequality. Spatial analysis further shows that backwash effects constrain low-tier regions, whereas medium-high regions such as Taichung and Kaohsiung function as potential spread transmitters. This study extends NQPF literature by operationalizing the Three New Economy concept within an efficiency-based productivity framework and by integrating productivity, inequality, and spatial mobility analysis in a single empirical design. The findings suggest the need for innovation corridors, relay-region strengthening, and location-specific transformation strategies. The study is limited to available regional data for 2016–2022; future research should incorporate firm-level data and longer post-pandemic observations to refine causal interpretation.

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