cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
Olyvia Rosalia
Contact Email
nawalaedu@gmail.com
Phone
+6281374694015
Journal Mail Official
nawalaedu@gmail.com
Editorial Address
Jl. Raya Yamin No.88 Desa/Kelurahan Telanaipura, kec.Telanaipura, Kota Jambi, Jambi Kode Pos : 36122
Location
Kota jambi,
Jambi
INDONESIA
Nomico
Published by PT Anagata Sembagi Education
ISSN : -     EISSN : 30466318     DOI : https://doi.org/10.62872/apwm7d39
Core Subject : Economy,
Economics, Econometrics & Finance
The journal publishes original articles on current issues and trends occurring internationally in accounting, financial accounting, public sector accounting, auditing, economics, economics education, development economics, economic statistics, monetary economics, international economics, microeconomics, macroeconomics, econometrics, public economics, economic sociology.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekomomi dan Ekonometrika
Articles 212 Documents
 18   19   20   21   22 
Green Economy and Carbon Investment: Business Strategies for Facing the Global Energy Transition Hamdani Hamdani; Firayani Firayani
Nomico Vol. 2 No. 11 (2025): Nomico-December
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/zqw2jr34

Abstract

The global energy transition has reshaped business dynamics and capital markets through the rise of the green economy and carbon investment as the new foundation of corporate competitiveness. This study analyzes how companies in Indonesia formulate green business strategies while optimizing carbon investment to sustain competitive advantage during the global energy shift. A Systematic Literature Review (SLR) following PRISMA guidelines was employed to identify, screen, and synthesize 24 relevant scientific articles published between 2018 and 2025. The findings reveal that corporate sustainability strategies rely not only on low-carbon technological innovation, energy efficiency, and supply-chain transformation but also on the implementation of carbon investment, participation in carbon credit markets, and access to ESG-based financing. The integration of green economy and carbon investment enhances corporate market reputation, reduces regulatory risks, lowers capital costs, and creates new revenue opportunities through carbon asset monetization. This study concludes that the success of Indonesian companies in navigating the global energy transition is determined by their ability to position the green economy and carbon investment as the core of their long-term business strategies.             
The Impact of Environmental Externalities on Commodity Price Stability: GARCH (Generalized Autoregressive Conditional Heteroskedasticity) Volatility Analysis Eki Dudi Darmawan
Nomico Vol. 2 No. 11 (2025): Nomico-December
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/2ccmsh89

Abstract

Crude oil is a highly strategic global commodity whose price is extremely sensitive to external dynamics and economic shocks. This study aims to analyze the effect of environmental externalities on crude oil price volatility by applying the Generalized Autoregressive Conditional Heteroskedasticity (GARCH) model. Secondary data consisting of daily West Texas Intermediate (WTI) crude oil prices from January 2015 to December 2024 were examined using the ADF test, ARCH–LM test, model selection based on AIC and BIC, and parameter estimation of GARCH(1,1). The results indicate that environmental externalities have a positive and significant effect on crude oil price volatility, as evidenced by the γ coefficient of 0.227 and the α + β value of 0.905, demonstrating long-term volatility persistence. These findings show that crude oil price stability is determined not only by traditional supply and demand factors but also by global environmental regulations, emission policies, and energy transition dynamics. This study provides empirical contributions to energy economics research and practical insights for policymakers in developing energy security strategies that are adaptive to the sensitivity of global commodity prices.  
Research Title: The Effect of Financial Risk on the Profitability of Manufacturing Companies Listed on the IDX in 2020-2024 Kharimah Murni; Achmad Hizazi; Ratih Kusumastuti
Nomico Vol. 2 No. 11 (2025): Nomico-December
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/25x3n345

Abstract

This study analyzes the effect of financial risk, as measured by the Debt to Asset Ratio and Debt to Equity Ratio, on profitability (Return on Assets - ROA) in manufacturing companies listed on the Indonesia Stock Exchange during the 2020-2024 period. Using multiple linear regression with SPSS software on 95 observations, descriptive statistics show an average DAR of 0.3686, DER of 0.8498, and ROA of 0.0953. The results of the simultaneous test (F test) show a Sig. value of 0.000, indicating that DAR and DER together have a significant effect on ROA. The coefficient of determination (Adjusted R Square) of 0.289 indicates that 28.9% of the variation in ROA is explained by the model. Partially (t-test), DAR (X1) has a negative and significant effect (Sig. 0.000, coefficient -0.325) on ROA, while DER (X2) has a positive and significant effect (Sig. 0.000, coefficient 0.074) on ROA. These findings highlight the complexity of the relationship between financial risk and profitability in the manufacturing sector.
The Contribution of Sharia Investment Instruments to Economic Development in Indonesia: Opportunities and Challenges of Precious Metals Rukiah Rukiah
Nomico Vol. 2 No. 11 (2025): Nomico-December
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/8hbg1y81

Abstract

Global economic developments and increasing public awareness of halal finance are driving the growth of Islamic investment instruments in Indonesia. This study aims to analyze the contribution, opportunities, and challenges of Islamic investment instruments, including Islamic stocks, sukuk, Islamic mutual funds, and precious metal commodities, in the development of the Muslim economy. The research method used is a qualitative descriptive approach supported by quantitative data through documentation studies, content analysis, descriptive quantitative analysis, and SWOT analysis. The results indicate that Islamic investment instruments have a strategic role in strengthening the real sector, increasing financial inclusion and literacy among Muslims, and maintaining economic stability through the principles of justice, transparency, and sustainability in accordance with the maqasid al-shariah. Specifically, precious metals, especially gold, contribute as a hedging instrument, provide access to non riba financing, and strengthen the microeconomic resilience of the Muslim community. However, the development of Islamic investment instruments still faces challenges such as low Islamic financial literacy, limited product innovation, global market fluctuations, and suboptimal synergy among stakeholders. Therefore, strengthened regulations, public education, Islamic governance, and inclusive product innovation are needed so that Islamic investment instruments can function optimally as a driving force for equitable and sustainable Islamic economic development in Indonesia.
Circular Economy and Resource Efficiency in Industrial Competitiveness Marieska Lupikawaty
Nomico Vol. 2 No. 11 (2025): Nomico-December
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/drjvv540

Abstract

The transition toward a low-carbon economy has pushed industries to adopt circular economy and resource efficiency not merely as environmental initiatives, but as strategic drivers of competitiveness. However, academic studies examining the relationship between circular economy, resource efficiency, and industrial competitiveness remain fragmented and report inconsistent findings. This study aims to systematically analyze the contribution of circular economy and resource efficiency to industrial competitiveness and to identify the key mechanisms underlying this relationship. A systematic literature review was conducted using an evidence-based industrial sustainability approach, synthesizing peer-reviewed journal articles published between 2020 and 2025 and selected through the PRISMA process. The findings indicate that circular economy enhances industrial competitiveness primarily through improvements in resource efficiency, leading to cost reduction, supply stability, productivity gains, and process innovation. Resource efficiency emerges as a critical mediating mechanism translating circular practices into measurable competitive advantages. Nevertheless, the strength of evidence varies across industrial sectors, firm sizes, and institutional contexts. This study concludes that circular economy and resource efficiency act as strategic enablers of industrial competitiveness when implemented systematically and contextually, rather than as universally applicable solutions.      
Platform Economics and Marketplace Dominance: Analysis of Marketplace Business Models in Global Competition Oktaviani Oktaviani
Nomico Vol. 2 No. 11 (2025): Nomico-December
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/njp94r47

Abstract

The expansion of the platform economy has fundamentally transformed global market competition by introducing new forms of dominance driven by data control, algorithms, and network effects. Digital platforms no longer operate merely as transaction intermediaries but function as market infrastructures that regulate access, value distribution, and economic behavior across industries. This study aims to examine how platform business models construct market dominance and how such dominance reshapes global competitive structures. The research adopts a qualitative approach through a systematic literature review and critical conceptual analysis of leading academic publications. Data were collected from high-impact international journals and analyzed using thematic synthesis and comparative interpretation. The findings reveal that platform dominance is produced through the interaction of subsidy wars, network effects, ecosystem integration, data ownership, and global expansion strategies. These mechanisms generate high entry barriers, intensify economic dependency on platforms, and weaken conventional competition mechanisms. The study concludes that the platform economy demands a new competition policy paradigm and digital market governance framework to ensure that technological innovation remains aligned with competitive fairness and long-term economic sustainability.
SDGs-Based Economic Performance Measurement in the Green Tourism Sector Yudhi Anggoro; Sarlotha Selan; Mahyadi Mahyadi
Nomico Vol. 2 No. 11 (2025): Nomico-December
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/pp6ejk82

Abstract

The growth of the tourism sector as an economic driver has increasingly been accompanied by environmental and social pressures, highlighting the need for sustainable green tourism approaches. However, sustainability claims in tourism are often not supported by structured economic performance evaluation frameworks aligned with sustainable development objectives. This study aims to analyze the economic performance of the green tourism sector using the Sustainable Development Goals (SDGs) as an evaluative framework. The study adopts a qualitative descriptive–analytical approach by examining the alignment between SDG-based economic indicators, green tourism policies, and implementation practices. The analysis is conducted through mapping relevant SDG economic indicators, reviewing tourism policy documents and official reports, and identifying gaps between economic performance outcomes and sustainability principles. The findings indicate that the SDGs framework enables a more comprehensive evaluation of green tourism economic performance than conventional approaches, particularly in assessing the quality and sustainability of economic impacts. The study also reveals misalignments between economic growth orientation and the achievement of sustainability goals in green tourism practices. This study concludes that SDGs provide a critical analytical framework for evaluating and guiding green tourism development toward sustainable economic outcomes.
Sustainable Finance as A Moral Objective: An Islamic Economic Philosophy Perspective On The Optimization Of Sharia Fintechsuhardi Arif Rahman Hakim; Wahyu Amru Rofiqhoh; Nur siamah
Nomico Vol. 2 No. 12 (2026): Nomico-January
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/fy68dw60

Abstract

Sustainable finance is frequently reduced to an instrument for risk management or compliance with Environmental, Social, and Governance (ESG) standards. This article seeks to reframe this perspective by positioning sustainable finance as a moral objective within the framework of Islamic economic philosophy, particularly in the development and optimization of Islamic Fintech. This study adopts a qualitative approach based on a literature review, employing the Foundation–Accelerator–Impact analytical framework. The findings indicate that Islamic Fintech does not merely serve to enhance efficiency and financial inclusion, but also represents the implementation of Maqashid Shariah values. At the foundational level, sustainable finance is grounded in the principles of Tawhid and Khilafah, which affirm humanity’s role as trustees in the management of resources. At the accelerator level, financial technology facilitates the advancement of social justice and equitable economic distribution. At the impact level, the digitalization of Islamic finance is directed toward preventing fasad, ensuring environmental sustainability, and strengthening distributive justice. Accordingly, the optimization of Islamic Fintech within the sustainable finance paradigm underscores the orientation of Islamic economics toward not only economic growth, but also the comprehensive realization of moral and ethical objectives.
Capital Market Volatility and Global Energy Crisis: A VAR and VECM Analysis Vidya Ramadhan Putra Pratama
Nomico Vol. 2 No. 12 (2026): Nomico-January
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/e3pjk844

Abstract

The recent increase in global capital market volatility is closely associated with the escalation of the global energy crisis, characterized by surging energy prices, supply disruptions, and geopolitical tensions. This study aims to examine the impact of the global energy crisis on capital market volatility by distinguishing short-run dynamics and long-run relationships between the variables. A quantitative time series approach is employed using Vector Autoregression and Vector Error Correction Model. The data represent indicators of the global energy crisis and stock market volatility across periods before, during, and after the energy crisis. The stationarity tests indicate that all variables are integrated of order one, while the Johansen cointegration test confirms the existence of a long-run equilibrium relationship between energy markets and capital markets. The VECM estimation reveals that capital market volatility adjusts significantly to deviations from long-run equilibrium following energy-related shocks. The impulse response analysis shows that stock market volatility responds positively to energy shocks in the short run, although the effects gradually diminish over time. Furthermore, the variance decomposition results indicate that the contribution of energy shocks to capital market volatility increases in the medium term. Overall, the findings support the hypothesis that the global energy crisis is a key determinant of capital market volatility and acts as a persistent source of macroeconomic uncertainty in financial markets
The Adoption of Digital Wallets and Their Influence on the Shopping Behavior of Urban Communities R. Suprono Wahyujatmiko; Heru Kuncorowati; Chinthia Sari Yusriana
Nomico Vol. 2 No. 12 (2026): Nomico-January
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/8f2avg89

Abstract

The rapid development of financial technology has led to significant changes in urban payment systems, particularly through the adoption of digital wallets. This transformation in payment methods has the potential to influence consumer shopping behavior beyond transactional efficiency, affecting consumption patterns and tendencies. This study aims to analyze the influence of digital wallet adoption on the shopping behavior of urban communities. A quantitative approach with an explanatory design was employed using a survey method. Data were collected from urban residents who actively use digital wallets and analyzed using linear regression. The results indicate that digital wallet adoption has a positive and significant effect on shopping behavior among urban consumers. The coefficient of determination reveals that digital wallet adoption explains a substantial proportion of the variance in shopping behavior. These findings suggest that the convenience and efficiency of digital payments play an important role in shaping consumption patterns in urban settings. This study contributes empirically to the literature on digital economy and consumer behavior by highlighting digital payment systems as a key determinant of urban shopping behavior.

Page 20 of 22 | Total Record : 212

 18   19   20   21   22 

Filter by Year

2024 2026


Reset
Filter By Issues
All Issue Vol. 2 No. 12 (2026): Nomico-January Vol. 2 No. 11 (2025): Nomico-December Vol. 2 No. 10 (2025): Nomico-November Vol. 1 No. 12 (2025): Nomico-January Vol. 2 No. 9 (2025): Nomico - October Vol. 2 No. 8 (2025): Nomico - September Vol. 2 No. 7 (2025): Nomico - August Vol. 2 No. 6 (2025): Nomico - July Vol. 2 No. 5 (2025): Nomico - June Vol. 2 No. 4 (2025): Nomico - May Vol. 2 No. 3 (2025): Nomico - April Vol. 2 No. 2 (2025): Nomico-March Vol. 2 No. 1 (2025): Nomico-February Vol. 1 No. 11 (2024): Nomico-December Vol. 1 No. 10 (2024): Nomico-November Vol. 1 No. 9 (2024): Nomico-Oktober Vol. 1 No. 8 (2024): Nomico - September Vol. 1 No. 7 (2024): Nomico-August Vol. 1 No. 6 (2024): Nomico - July Vol. 1 No. 5 (2024): Nomico-June Vol. 1 No. 4 (2024): Nomico-May Vol. 1 No. 3 (2024): Nomico - April Vol. 1 No. 2 (2024): Nomico-March Vol. 1 No. 1 (2024): Nomico - February More Issue