cover
Contact Name
Muh Ibnu Sholeh
Contact Email
indocelllular@gmail.com
Phone
+6282144444454
Journal Mail Official
ijededitor@gmail.com
Editorial Address
Tambakberas Barat Jombang, Tambak Rejo, Kec. Jombang, Kabupaten Jombang, Jawa Timur 61419
Location
Kab. jombang,
Jawa timur
INDONESIA
International Journal of Economics and Development
ISSN : -     EISSN : 31103189     DOI : 10.71305
The International Journal of Economics and Development (IJED) aims to advance theoretical and empirical research in the fields of economics and development. The journal provides a global forum for scholars, practitioners, and policymakers to engage with current debates and emerging issues in economic theory, policy, and practice. Focus IJED focuses on high-quality research that contributes to the understanding of economic systems and development processes at local, national, regional, and global levels. The journal encourages interdisciplinary and comparative approaches, particularly those integrating perspectives from social sciences, Islamic studies, environmental studies, and public policy. Scope The scope of the journal includes, but is not limited to, the following themes: Microeconomics and macroeconomics Economic development and sustainable growth Development economics and planning International trade, investment, and finance Islamic economics and Sharia-compliant finance Public sector economics and governance Fiscal and monetary policy Poverty alleviation and income inequality Rural and regional development Innovation, entrepreneurship, and productivity Labor economics, human capital, and education Financial institutions, markets, and digital finance Environmental and resource economics Economic resilience, crisis, and recovery strategies
Articles 5 Documents
Search results for , issue "Vol. 1 No. 2 (2025): Vol 1 No 2 December 2025" : 5 Documents clear
A Collaborative Model of Government, Private Sector, and Community in Strengthening the Regional Digital Economy Ecosystem Mukhtar Galib; Andi Ardasanti; Amiruddin; Aden Gunawan
International Journal of Economics and Development Vol. 1 No. 2 (2025): Vol 1 No 2 December 2025
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/ijed.v1i2.349

Abstract

This study investigates a collaborative model between the government, private sector, and community in strengthening the regional digital economy ecosystem. Digital transformation has become a key driver for regional economic growth, yet disparities in infrastructure, digital literacy, and coordination often hinder inclusive development. The research aims to analyze the roles, challenges, and strategic interventions of each actor in fostering an adaptive and sustainable digital economy. Using a qualitative approach through literature review, this study examines publications from 2018 to 2025, including peer-reviewed journals, government reports, and institutional documents. Data were analyzed using content analysis with thematic coding to identify patterns of cross-sector collaboration, best practices, and policy implications. Findings reveal that effective synergy among government, private sector, and communities accelerates digital adoption, expands market access, and enhances job creation. Key challenges include low digital literacy, unequal infrastructure, and limited alignment of objectives across actors. Strategic recommendations emphasize establishing structured partnership mechanisms, locally tailored digital literacy programs, and shared-value collaboration initiatives. The study contributes to policy and academic discourse by providing a conceptual framework for triple-helix collaboration in regional digital economic development. These insights are valuable for policymakers, practitioners, and researchers aiming to design inclusive, adaptive, and sustainable digital ecosystems at the regional level.
The Effect Of Dividend Per Share And Profitability On Stock Prices: Evidence From Panel Data Of Property And Real Estate Companies Listed On The Indonesia Stock Exchange (2019–2023) Vina Nur Afni; Ita Rahmawati; Lailatus Sa’adah
International Journal of Economics and Development Vol. 1 No. 2 (2025): Vol 1 No 2 December 2025
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/ijed.v1i2.372

Abstract

This study investigates the effect of Dividends per Share (DPS) and profitability on the stock prices of property and real estate companies listed on the Indonesia Stock Exchange (IDX) during the 2019–2023 period. From a population of 92 companies, 7 were selected as research samples through purposive sampling based on specific eligibility criteria. The research employs a quantitative approach with an associative design to examine the relationship between the variables. Secondary data were obtained from published financial statements, and the analysis was conducted using panel data regression with E-Views 12 software. The results reveal that DPS exerts a significant positive influence on stock prices, indicating that dividend distribution is a key factor in attracting investor interest and enhancing market value in the property and real estate sector. Conversely, profitability, as measured by Return on Assets (ROA), does not significantly affect stock prices, suggesting that investors may place greater emphasis on dividend policies rather than operational profitability when making investment decisions in this industry. These findings contribute to the literature on capital market behavior in emerging economies and offer practical implications for corporate managers in formulating dividend strategies to strengthen investor confidence and market performance.
Judicial Interpretation of Murābaḥah Contract Restructuring: A Maqāṣid-Based Review of a Palembang Religious Court Case Muhammad Rohmat Hidayat; Ninik Azizah
International Journal of Economics and Development Vol. 1 No. 2 (2025): Vol 1 No 2 December 2025
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/ijed.v1i2.867

Abstract

The development of Islamic financial institutions in Indonesia has brought new dynamics to the practice of financing contracts, including murābaḥah contracts, which often undergo restructuring due to changing economic conditions. Problems arise when such restructuring leads to legal disputes and is challenged as an act of unlawful conduct. This study analyzes the interpretation of judges at the Palembang Religious Court regarding the restructuring of a murabaḥah contract and assesses its conformity with Muḥammad Ṭahir Ibn ‘Ashur’s theory of maqaṣid al-shari‘ah. This research employs a qualitative method with a normative legal approach through an examination of Decision No. 41/Pdt.G/2021/PA.Palembang, along with sources of Islamic economic law and maqaṣid literature. The findings indicate that the judges interpreted the case legalistically, relying on the principle of pacta sunt servanda and Article 1365 of the Indonesian Civil Code, concluding that the contract restructuring did not constitute an unlawful act. However, from the perspective of Ibn ‘Ashur’s maqāṣid al-shari‘ah, such reasoning does not fully reflect the values of substantive justice (al-‘adl al-ijtima‘i), protection of property (ḥifẓ al-māl), and social welfare (al-maṣlaḥah). Thus, while the court’s decision is formally valid from a juridical standpoint, it has not yet achieved maqāṣid-based justice. Islamic law should be applied by considering its intrinsic spirit of justice to promote social welfare, as envisioned by Ibn ‘Āshūr.
Trade Liberalization And Poverty In West African Countries: Feasible Generalized Least Square Method Analysis OLUWO, Peter Olugbenga; ORESAJO, Adegbenga Safiriyu
International Journal of Economics and Development Vol. 1 No. 2 (2025): Vol 1 No 2 December 2025
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/ijed.v1i2.1176

Abstract

: The study investigates the effect of trade liberalisation on poverty reduction in West African countries, with particular reference to ECOWAS member states, in order to determine whether increased openness enhances welfare and reduces poverty across the region. Using annual panel data for 15 countries spanning 1990–2022, the study employs the Feasible Generalized Least Squares (FGLS) estimation technique to account for cross-sectional dependence, heteroskedasticity, and serial correlation. Descriptive statistics, correlation analysis, and diagnostic tests such as the Variance Inflation Factor (VIF) and Pesaran tests confirmed the reliability and stationarity of the data. Empirical results reveal that trade liberalisation exerts a significant negative effect on poverty, implying that greater trade openness reduces poverty levels across West Africa. Exchange rate stability and institutional quality were also found to have strong negative relationships with poverty, while inflation exhibited a positive effect, indicating its adverse impact on welfare. The findings support the Solow growth model, which links openness to economic expansion and poverty reduction through productivity gains and technological diffusion. The study concludes that while trade liberalisation contributes to poverty alleviation, its benefits remain uneven due to weak institutions and infrastructural constraints. It recommends that West African governments pursue inclusive trade policies supported by sound macroeconomic management, institutional reforms, and targeted investments in human capital and rural development to ensure that the gains from liberalisation translate into broad-based poverty reduction.
Time Series And Cross-Section Analysis On The Financial Performance Of PT Matahari And PT ACE Hardware For The 2021–2024 Period Maslina Samosir; Maria Kalista Lambo; Cholis Hidayati
International Journal of Economics and Development Vol. 1 No. 2 (2025): Vol 1 No 2 December 2025
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/ijed.v1i2.1482

Abstract

This study aims to analyze and compare the financial performance of PT Matahari Department Store Tbk and PT ACE Hardware Indonesia Tbk during the 2021–2024 period. The approach used is quantitative with a type of comparative research, using secondary data in the form of financial ratios sourced from the financial statement analysis documents of each company. The analysis was carried out through the time series method to see the development of performance from year to year and the cross-section method to compare the performance of the two companies in the same period. The financial ratios analyzed include liquidity, activity, solvency, and profitability ratios. The results of the study show that PT Matahari is experiencing great pressure on liquidity and solvency aspects which are characterized by negative net working capital and a very high level of debt dependence due to a decrease in equity. The efficiency of PT Matahari's asset utilization shows improvement, but this condition has not been able to cover the financial risks faced. PT ACE Hardware showed a more stable financial performance with consistent profit and equity growth, a strong capital structure, and maintained profitability. The results of the comparison show that PT ACE Hardware has a healthier and more sustainable financial performance than PT Matahari during the study period. This research is expected to be a reference for company management, investors, and academics in assessing the financial health of retail companies in Indonesia.

Page 1 of 1 | Total Record : 5