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Kab. sleman,
Daerah istimewa yogyakarta
INDONESIA
JURNAL ECONOMIA
ISSN : 18582648     EISSN : 24601152     DOI : -
Core Subject : Economy,
Jurnal Economia (JECO) is published by Faculty of Economics, Yogyakarta State University. It publishes theoretical or research manuscripts related to 1. Economics 2. Accounting 3. Management 4. Business 5. Entrepreneurship, and 6. Finance
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Articles 283 Documents
Driving Digital Adoption within Small Business: A Study Case of Indonesia Micro-Small-Medium Enterprises Dwiputri, Inayati Nuraini; Permana, Yudistira Hendra; Prastiwi, Lustina Fajar
Jurnal Economia Vol. 21 No. 2 (2025): June 2025
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v21i2.67494

Abstract

The urgency of going digital increases due to mobility restrictions in many areas to retain market share, hence surviving the COVID-19 pandemic. The digital adoption process is not easy because it requires high cost and long-term commitment, so larger firms may lead in this case. Therefore, this study wants to identify what variables can affect the digital adoption process by MSMEs. We survey 2,169 MSMEs across Indonesia using clustered convenience sampling and investigate the determinants of digital adoption by MSMEs. Using the fixed effect model for estimation, we find that the severity of COVID-19 cases and the number of laborers have a significant positive correlation to the digital adoption process by MSMEs. We find that MSME in urban areas leads to the use of digital technology, and the service-based MSME has more urgency to do so. These results can help MSMEs, and the government makes policies related to digital adoption by MSMEs.
Driving SME Success: The Impact of Knowledge Sharing and Effective Knowledge Management Sutrisno, Sutrisno
Jurnal Economia Vol. 21 No. 2 (2025): June 2025
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v21i2.69417

Abstract

In today's globalized world and heightened business competition, SMEs play an essential role in economic growth. To thrive, they must leverage their key asset: knowledge. This study explores the impact of knowledge sharing and knowledge management on worker performance within SMEs. Drawing upon the theories of knowledge sharing, knowledge management, and individual performance, this qualitative study analyzes relevant studies to understand these relationships. The study involves the collection and synthesis of prior studies on knowledge sharing and management practices in SMEs, examining their effects on worker performance. The findings demonstrate that knowledge-sharing fosters a collaborative work culture boosts operational efficiency, promotes continuous learning, and stimulates innovation. Knowledge management, on the other hand, ensures effective organization and accessibility of critical information, thereby reducing the risk of knowledge loss. Together, these practices enhance worker performance, adaptability, and business growth, creating a dynamic environment that supports SME resilience in a competitive market.
Tourist Loyalty Model in Bukit Lawang: Hedonism, Susceptibility, and Brand Love Nasib; Salqaura, Siti Alhamra
Jurnal Economia Vol. 21 No. 2 (2025): June 2025
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v21i2.71392

Abstract

This study aims to examine a tourist behavior model by investigating the effects of hedonism, perceived susceptibility, and brand love on tourist loyalty at the Bukit Lawang tourism destination. A quantitative approach was employed, utilizing a survey method with a total of 387 respondent. The collected data were analyzed using path analysis. The findings reveal that hedonism has a significant direct effect on both brand love and tourist loyalty. Perceived susceptibility significantly influences brand love but has no direct effect on loyalty. Brand love is shown to have a direct positive impact on loyalty. Furthermore, hedonism indirectly influences tourist loyalty through the mediating role of brand love. In contrast, perceived susceptibility does not exhibit a significant indirect effect on loyalty via brand love. These findings highlight the mediating role of emotional attachment (brand love) in translating hedonic experiences into tourist loyalty, particularly in nature-based tourism settings like Bukit Lawang.
The Role of Arisan in Alleviating Household Asset Poverty in Indonesia Hawari, Muhammad Irsyad; Donna, Duddy Roesmara; Saleh, Samsubar
Jurnal Economia Vol. 21 No. 2 (2025): June 2025
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v21i2.72707

Abstract

This study explored the impact of participation in Rotating Savings and Credit Associations (ROSCAs) on household asset poverty in Indonesia. It used secondary data from the Indonesia Family Life Survey (IFLS) waves 4 and 5. Asset poverty was measured using indicators from the Socioeconomic Data Collection; households were considered asset poor if they failed to meet nine out of 14 indicators. The analysis applied panel logistic regression with a fixed effects model. The results showed that ROSCA participation significantly reduced the likelihood of asset poverty. These findings supported previous studies that emphasized the positive effect of ROSCAs in reducing expenditure poverty. The study provided empirical evidence of ROSCAs’ role in improving household economic resilience. It suggested that government and related institutions could support and encourage ROSCAs as part of broader poverty reduction and financial security strategies.
Women Worker Pay Gaps: 'Sticky Floors' And 'Glass Ceilings', in Indonesia Wahyuni, Sri; Ranita, Sylvia Vianty; Maidalena, Maidalena; Bachtiar, Nasri; Hasni, Khairul
Jurnal Economia Vol. 21 No. 2 (2025): June 2025
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v21i2.72720

Abstract

The study tested wage disparities across Indonesian wage distribution the peak of women's careers. Using data from the fifth wave of the Indonesian Family Life Survey (IFLS-5), the study employed logistic regression analysis. The results show that the influence of work types and health insurance on women's wage disparities has a significant and negative impact on the Glass Ceiling (GC) phenomenon, especially on private female workers, farm women workers, and unpaid female labourers. The main results of this study show that the type of work that female workers do in Indonesia is still classified the Sticky Floor (SF). The study emphasizes the need for interventions to address gender inequality in the Indonesian workforce, including gender-inclusive policies, audits, equal pay, mentorship programs, workshops, and training sessions, to create a more equitable workforce.
Society 5.0—Unlocking Entrepreneurial Competencies in Farmer Scope Achmad, Gusti Noorlitaria; Fitriansyah, Fitriansyah; Darma, Dio Caisar; Syachrani, Syaparliddin; Kurniadin, Nia
Jurnal Economia Vol. 21 No. 2 (2025): June 2025
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v21i2.76792

Abstract

This study was designed to investigate the relationship between Society 5.0 and the development of entrepreneurial competencies. The research employed a questionnaire-based interview involving 159 dragon fruit farmers in the Indonesian Capital City/Ibu Kota Nusantara (IKN). The collected questionnaire data were analyzed using moderated regression techniques. The results indicate a correlation between the proposed hypotheses and the findings, demonstrating that digital skills, understanding of information technology (IT), and relevant education significantly influence adaptive attitudes and mental readiness. Furthermore, both adaptive attitudes and mental readiness have a substantial effect on entrepreneurial competence. Digital skills, understanding of IT, and relevant education, when moderated by adaptive attitudes, can enhance entrepreneurial competence. However, mental readiness does not serve as a moderating factor. These findings contribute valuable insights to both academic discourse and practical policies aimed at enhancing farmers' entrepreneurial competencies within the framework of a sustainable Society 5.0.
Board Gender Diversity’s Moderating Effect on Capital Structure–ESG Relationship in Ghanaian Non-financial Firms Ampomah, Philipina; Andriana, Denny; Nugraha, Nugraha; Sari, Maya
Jurnal Economia Vol. 21 No. 2 (2025): June 2025
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v21i2.83080

Abstract

The study examines the relationship between capital structure and ESG (Environmental, Social, and Governance) performance of listed non-financial Ghanaian firms, emphasizing the moderating role of board gender diversity. Using panel data from 16 firms enlisted on the Ghana Stock Exchange from 2015 to 2022, the research adopts a fixed-effects model. Findings reveal that debt and equity negatively impact ESG performance, challenging traditional financial theories like Modigliani and Miller's capital structure irrelevance. Surprisingly, board gender diversity does not significantly moderate the capital structure–ESG performance link. The study underscores the need for cautious capital structure decisions to mitigate informational asymmetry costs and suggests revisiting female representation on corporate boards, given its limited influence in this context. This research advances sustainability discourse by exploring unique capital market dynamics in developing countries; in Sub-Saharan Africa and providing new insights into ESG impacts of capital structure and gender diversity in Ghanaian firms.
Improving SMEs Marketing Performance through Market Orientation, Product Innovation, and Competitive Advantage in Bali-Indonesia Pramuki, Ni Made Wisni Arie; Kusumawati, Ni Putu Ayu
Jurnal Economia Vol. 20 No. 2 (2024): June 2024
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v20i2.41159

Abstract

AbstractDuring the COVID-19 pandemic, Small and Medium Enterprise (SMEs) as one of the elements driving economic growth had a tremendous impact on business productivity. However, this does not discourage SMI from showing excellent performance and being able to adapt to changes and business competitiveness. This study aims to analyze the role of market orientation as an antecedent in the relationship of product innovation to marketing performance through the competitive advantage of SMIs in Bali Province. This research method is quantitative with a survey approach. The sample size used was 125 samples of SMI managers. The analysis technique in this study uses a structural equation modeling (SEM) approach with the help of SmartPLS 3.2.9 software. The findings show that all the hypothesized variables can be verified. Keywords:Marketing Performance, Product Innovation, Market Orientation, Competitive Advantage
The Role of Public Expenditures on Community Welfare Dosinta, Nina Febriana; Djafar, Fariastuti; Yantiana, Nella
Jurnal Economia Vol. 20 No. 2 (2024): June 2024
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v20i2.47545

Abstract

AbstractThis study aims to determine whether public expenditures in meeting basic human needs affect community welfare. This study uses data on realizing the spending on education, health, and social protection as a proxy for public expenditures and the human development index for community welfare. This study indicates that education and health expenditures have a significant positive effect, while social protection expenditures have a significant negative effect. This study confirms disclosures in the Audit Report of the Audit Board of the Republic of Indonesia. The disclosures in Provincial Government Financial Statements in Indonesia state that the regional government prioritized meeting basic needs, education, health, and social on mandatory spending to improve the quality of community life. This research implies that social protection expenditure is not optimal for developing human capabilities. Keywords:Education Expenditure, Health Expenditure, Social Protection Expenditure, Human   Capability, Community Welfare
Do Information Technology and Human Resources Create Business Performance? The Role of Consumer Preferences Almaududi Ausat, Abu Muna; Judijanto, Loso; Ayesha, Ivonne; Rijal, Syamsu; Saranani, Fajar
Jurnal Economia Vol. 20 No. 2 (2024): June 2024
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v20i2.59217

Abstract

AbstractInformation technology is now a key pillar in an organization's business strategy to achieve optimal profits. Consumer changes and preferences play a central role in the development and adjustment of information technology to meet fluctuating market demands. The success of achieving the company's vision and mission is highly dependent on human resources who excel in the IT field. This research aims to review the importance of IT and HR in achieving the ideal vision and mission that has been planned. This research focuses on descriptive qualitative research that explores previous studies on IT, HR, consumer change, preferences, and business performance. Relevant data surrounding these variables were collected, summarized, and analyzed. The results confirmed that IT and HR play a crucial role in improving business performance. These factors must be combined holistically to achieve competitive advantage and sustainable long-term business performance, especially in the face of dynamic consumer changes and preferences. Keywords: IT, HR, business performance, consumer preferences