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INDONESIA
Jurnal Sosial, Ekonomi Dan Bisnis
Published by Universitas Nahdlatul Ulama Nusa Tenggara Barat
ISSN : -     EISSN : 27766403     DOI : https://doi.org/10.69503/econetica.v7i1
Core Subject : Economy, Social,
Economics, Econometrics & Finance Social Sciences
Jurnal Econetica adalah sebuah jurnal publikasi ilmiah yang di dalamnya mencakup permasalahan sosial, ekonomi,dan bisnis, sebagai upaya untuk membuat sebuah wadah yang terintegrasi dengan ilmu pengetahuan khusunya bidang ekonomi dan bisnis
Arjuna Subject : Ilmu Sosial - Ilmu Sosial (Lain-Lain)
Articles 95 Documents
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The Flexing Phenomenon in Digital Society: An Islamic Economic Perspective on Consumption Ethics Mutmainnah Mutmainnah; Ari Fahimatussyam; Abdur Rakhman Wijaya
Econetica: Jurnal Sosial, Ekonomi, dan Bisnis Vol. 5 No. 1 (2023): Mei 2023
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi Universitas Nahdlatul UlamaNusa Tenggara Barat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69503/econetica.v5i1.360

Abstract

This study explores the growing phenomenon of flexing—the public display of wealth andluxury—within digital society from the perspective of Islamic economics. The research aims tounderstand how such self-presentations on social media reflect broader shifts in consumervalues, identity construction, and moral behavior. Employing a qualitative descriptive approachwith a library research method, this paper analyzes classical theories of conspicuousconsumption alongside Islamic teachings on moderation (wasathiyyah), humility, andresponsible ownership (amanah). The findings reveal that flexing culture represents atransformation of consumption from a functional activity into a symbolic performance thatseeks validation and social capital. From an Islamic economic perspective, this behaviorcontradicts the ethical principles of simplicity, gratitude, and social justice, potentially leadingto materialism and moral imbalance. The study concludes that strengthening spiritual literacy,ethical awareness, and the integration of Islamic consumption principles in digital spaces areessential to guide Muslims toward a more sustainable and equitable consumption pattern.
Evaluating Environmental Sustainability Practices in Bank Syariah Indonesia: Green Banking and Maqashid al-Syari’ah: Vani Febiola; Muhammad Iqbal Fasa; Suharto Suharto
Econetica: Jurnal Sosial, Ekonomi, dan Bisnis Vol. 5 No. 1 (2023): Mei 2023
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi Universitas Nahdlatul UlamaNusa Tenggara Barat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69503/econetica.v5i1.361

Abstract

This study explores the implementation of green banking practices in Bank Syariah Indonesia(BSI) through the lens of Islamic economic ethics and sustainable finance principles. Theresearch seeks to understand how Islamic banking institutions integrate environmentalresponsibility within their financial operations, investment decisions, and corporate governancestructures. Using a qualitative descriptive approach, data were collected throughdocumentation, literature review, and secondary reports from regulatory authorities and BSI’ssustainability publications. The findings indicate that BSI has adopted various environmentallyconscious initiatives such as green financing, paperless transactions, and eco-efficientinfrastructure. However, the implementation remains partially instrumental, focusing more onregulatory compliance than on transformative commitment to sustainability. From an Islamicperspective, these efforts resonate with the principles of Maqashid al-Syari’ah—particularly thepreservation of life (hifz al-nafs) and wealth (hifz al-mal)—but require deeperinstitutionalization through strategic alignment with the Sustainable Development Goals (SDGs)and Islamic Environmental Governance. The study contributes to the growing discourse onIslamic sustainable finance by emphasizing that true green banking must embody not onlyenvironmental prudence but also spiritual accountability and social justice.
Business Feasibility Analysis of Refill Drinking Water Enterprises:: A Case Study of the Moses Agent in Batang Regency Cahyaningsih Cahyaningsih; M. Taufiq Abadi
Econetica: Jurnal Sosial, Ekonomi, dan Bisnis Vol. 5 No. 1 (2023): Mei 2023
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi Universitas Nahdlatul UlamaNusa Tenggara Barat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69503/econetica.v5i1.362

Abstract

This study aims to analyze the business feasibility of a refill drinking water enterprise, taking theMoses Agent in Batang Regency as a case study. The research examines the enterprise’s viabilityfrom legal, market, technical, and financial perspectives to determine its potential forsustainable operation and profitability. A quantitative descriptive approach was applied,supported by data collection through observation, interviews, and documentation. Financialfeasibility was assessed using several indicators, including Net Present Value (NPV), Internal Rateof Return (IRR), Payback Period (PP), and Profitability Index (PI). The resultsshow that the MosesAgent business meets all feasibility criteria, with an NPV value of IDR 48,004,741, an IRR of 23.22percent, a Payback Period of 3.75 years, and a PI greater than one, indicating a financially viableinvestment. From the non-financial aspect, the business also fulfills the legal, human resource,and market requirements for operation. These findings suggest that refill drinking waterenterprises have strong potential to support local economic development and meet communitydemand for affordable, hygienic drinking water. This study contributes to the broaderunderstanding of small-scale business sustainability and provides practical implications forentrepreneurs and local governments in developing similar enterprises within Indonesia’smicroand small enterprise sector.
The Impact of Profitability Ratios on Islamic Bank Stock Prices: Evidence from the Indonesia Stock Exchange Fauzi Arif Lubis; Nurwani Nurwani; Mifta Hayani
Econetica: Jurnal Sosial, Ekonomi, dan Bisnis Vol. 5 No. 1 (2023): Mei 2023
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi Universitas Nahdlatul UlamaNusa Tenggara Barat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69503/econetica.v5i1.363

Abstract

This study investigates the effect of profitability ratios on the stock prices of Islamic banks listedon the Indonesia Stock Exchange (IDX) during the period 2018–2020. The research employs aquantitative approach using secondary financial data derived from the annual reports of threeIslamic banks, namely Bank BRI Syariah, Bank Panin Dubai Syariah, and Bank BTPN Syariah.Profitability is measured through Return on Assets (ROA), Return on Equity (ROE), and Earningsper Share (EPS), while stock price serves as the dependent variable. Data are analyzed usingmultiple linear regression and classical assumption tests to ensure the validity of results. Thefindings reveal that EPS has a positive and significant influence on stock prices, whereas ROAand ROE show positive butstatistically insignificant effects. Simultaneously, all three profitabilityindicators collectively exert a significant impact on the stock prices of Islamic banks. Theseresults suggest that investors in Indonesia’s Islamic capital market place greater emphasis onearnings information as a reliable signal of firm performance. The study contributes to thegrowing literature on Islamic finance by offering empirical evidence from emerging marketconditions and provides insights for investors, bank managers, and policymakers seeking toenhance financial transparency and market confidence in the Islamic banking sector
A Systematic Literature Review of the Effects of Exports, Imports, Exchange Rate, and Inflation on Indonesia’s Economic Growth Gunawan Aji; Eka Nur Kharisma; Ani Syafa’ah; Elviana Komala Putri; Intan Parwati
Econetica: Jurnal Sosial, Ekonomi, dan Bisnis Vol. 5 No. 1 (2023): Mei 2023
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi Universitas Nahdlatul UlamaNusa Tenggara Barat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69503/econetica.v5i1.365

Abstract

Economic growth remains a central indicator of national welfare and development, particularlyin emerging economies such as Indonesia. This study systematically reviews empirical findingson how exports, imports, exchange rate fluctuations, and inflation influence Indonesia’seconomic growth. Using a systematic literature review approach, eight peer-reviewed journalarticles published between 2019 and 2023 were analyzed through thematic synthesis drawnfrom Google Scholar and other academic databases. The results reveal that exports consistentlycontribute positively to Indonesia’s gross domestic product (GDP), while the impacts of importsvary depending on domestic industrial capacity and global demand structures. Exchange ratestability is found to enhance trade competitiveness, whereas inflation demonstrates a short�term but significant effect on growth. The study highlights the interdependence between tradeand monetary variables in shaping macroeconomic performance. Policy implications emphasizethe importance of maintaining external balance, controlling inflationary pressure, and fosteringexport diversification to sustain long-term economic growth in Indonesia.
Assessing the Business Feasibility and Marketing Strategy of Like Mie and Coffee in Batang, Indonesia Emilia Alfiesyah; Muhammad Taufiq Abadi
Econetica: Jurnal Sosial, Ekonomi, dan Bisnis Vol. 5 No. 2 (2023): November 2023
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi Universitas Nahdlatul UlamaNusa Tenggara Barat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69503/econetica.v5i2.370

Abstract

This study aims to assess the business feasibility and marketing strategy of Like Mie and Coffee, a local culinary business located in Batang, Indonesia. Using a qualitative descriptive approach, the research evaluates the enterprise through the marketing mix framework (product, price, place, and promotion). Data were collected through observation and in-depth interviews with consumers, managers, and staff to obtain insights into product quality, pricing strategy, location advantages, and promotional effectiveness. The findings reveal that Like Mie and Coffee is a feasible and competitive business supported by innovative products, affordable pricing, a strategic location, and strong digital promotion using social media platforms. The café’s youthful and creative branding has successfully attracted its target market, leading to increased customer loyalty and steady profit growth. The study concludes that business expansion is viable, as demonstrated by the successful opening of a new branch in Semarang. These results highlight the importance of integrating innovation and customer engagement in sustaining small and medium-scale food and beverage businesses in Indonesia’s growing creative economy sector.
Infrastructure Development and Demographic Dynamics as Drivers of Regional Economic Growth: Evidence from Java Island, Indonesia Septriani Septriani; Eka Kadharpa Utama
Econetica: Jurnal Sosial, Ekonomi, dan Bisnis Vol. 6 No. 2 (2024): November 2024
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi Universitas Nahdlatul UlamaNusa Tenggara Barat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69503/econetica.v6i2.394

Abstract

Infrastructure has long been recognized as a fundamental driver of economic growth by enhancing productivity, market connectivity, and investment efficiency. This study investigates the impact of road infrastructure, electricity infrastructure, and population on regional economic performance across six provinces in Java Island, Indonesia, during the period 2016–2021. A quantitative approach using panel data regression was employed to analyze secondary data obtained from Statistics Indonesia (BPS), the Ministry of Finance, and the Ministry of Public Works and Housing. The Random Effect Model (REM) was identified as the most appropriate specification based on the Chow, Hausman, and Lagrange Multiplier tests. The results show that both road and electricity infrastructures have a positive and statistically significant influence on Gross Regional Domestic Product (GRDP), confirming the crucial role of physical capital accumulation in supporting regional productivity. In contrast, population growth does not significantly affect GRDP, indicating that demographic expansion alone cannot guarantee economic gains without parallel improvements in human capital quality and labor absorption. The findings underscore that infrastructure investment must be accompanied by human development strategies and regional planning policies to achieve inclusive and balanced economic growth. This study contributes to empirical literature on regional development economics and provides evidence-based insights for policymakers in developing economies seeking to enhance spatial equity and sustainable growth.
Infrastructure Development and Economic Growth in Java Island:: A Random Effect Panel Data Analysis (2016–2021) Septriani Septriani; I Gusti Ngurah Oka Widjaya; Risky Angga Pramuja
Econetica: Jurnal Sosial, Ekonomi, dan Bisnis Vol. 6 No. 2 (2024): November 2024
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi Universitas Nahdlatul UlamaNusa Tenggara Barat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69503/econetica.v6i2.396

Abstract

This study aims to examine the impact of infrastructure development and population growth on regional economic growth across six provinces in Java Island from 2016 to 2021. Infrastructure serves as a critical determinant of productivity enhancement and interregional connectivity, while demographic dynamics influence regional production and consumption capacity. The study employs secondary data obtained from Statistics Indonesia (BPS), the Ministry of Finance, and the Ministry of Public Works and Housing (PUPR). A panel data regression approach is applied, comparing the Common Effect Model (CEM), Fixed Effect Model (FEM), and Random Effect Model (REM). Model selection through Chow, Hausman, and Lagrange Multiplier tests identifies the Random Effect Model as the most appropriate specification. The results show that road and electricity infrastructures have a positive and significant effect on Gross Regional Domestic Product (GRDP), whereas population growth has no significant influence on regional economic performance. The coefficient of determination (R²) of 0.8414 indicates that the independent variables collectively explain 84.14 percent of the variation in GRDP. These findings confirm that infrastructure development remains a vital engine of regional economic growth, while population growth must be supported by improvements in human capital and labor productivity to become an effective driver of economic progress. The study contributes to regional development literature and provides policy implications for sustainable and equitable growth planning in Indonesia.
Analysis Of The Effect Of Inftrastructure And Polulation On The Economy Of Java Island Septriani Septriani
Econetica: Jurnal Sosial, Ekonomi, dan Bisnis Vol. 6 No. 1 (2024): Mei 2024
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi Universitas Nahdlatul UlamaNusa Tenggara Barat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69503/econetica.v6i1.397

Abstract

This study aims to analyze the influence of road infrastructure, electricity infrastructure and population on provincial GRDP in Java. The type of data used in this study is secondary data from the Ministry of Finance and the Statistics Center Agency during the 2016-2021 time period. The method used in this study is panel data regression. Based on the regression result, the best model was obtained, namely the Random Effect Model. Furthermore, the results of this study show that partially the variables of road infrastructure, as well as electricity infrastructure have a positive and significant effect on the Provincial GRDP in Java Island at α=5%, while simultaneously the variables of roads infrastructure, electricity infrastructure, and population have a positive and significant effect on GRDP at α=5%. As for the results of the coefficient of determination (R2) test, the Adjusted R-Square value is 0.8414. This result shows that the variables of road infrastructure, electricity infrastructure and population can explain GDP by 84.14 percent while 15.86 percent is explained by other variables outside the model
Business Feasibility and Strategic Development of the Majas Craft Bouquet Enterprise in Pekalongan, Indonesia Khofifatul Alivia; Muhammad Taufiq Abadi
Econetica: Jurnal Sosial, Ekonomi, dan Bisnis Vol. 5 No. 2 (2023): November 2023
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi Universitas Nahdlatul UlamaNusa Tenggara Barat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69503/econetica.v5i2.425

Abstract

This study examines the business feasibility and strategic development of Majas Craft, a microenterprise engaged in handmade bouquet production in Pekalongan, Central Java, Indonesia. Using a qualitative descriptive approach, the research explores key dimensions of business feasibility, including human resources, management, production, marketing, and financial performance. Data were obtained through in-depth interviews, field observation, and documentation involving the owner, employees, and customers. The findings reveal that Majas Craft demonstrates strong business potential supported by increasing market demand, product uniqueness, and customer satisfaction. The enterprise’s competitive advantages lie in product creativity, affordable pricing, and direct customer engagement through social media. However, challenges remain in digital marketing adoption, production scalability, and managerial formalization. Financial analysis indicates a positive profit margin and short capital turnover, confirming the enterprise’s operational feasibility. The study concludes that sustainable growth requires strengthening digital marketing strategies, enhancing production efficiency, and improving entrepreneurial capacity through continuous learning. This research contributes to the growing literature on microenterprise feasibility and creative economy development in Indonesia’s local business context.

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