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Do Internal Capabilities Affect Competitive Advantage? The Case of a Regional Owned Company Maharani, Anita; Kartasunjaya, Tammy Kathlia
Jurnal Economia Vol. 20 No. 1 (2024): February 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.v20i1.51296

AbstractThis research aims to get an overview of the factors affecting organizational competitive advantage and to obtain insights into the most influential factors concerning organizational competitive advantage. This research used the Integrated Talent Management Scale, Utrecht Work Engagement Scale-9, Employee Satisfaction Scale, Employee Performance Scale, and Competitive Advantage Scale. This research followed a quantitative approach. Then the data used in this research was primary data. The researchers gathered data without intervention. This research followed the variance-based structural equation modeling with partial least squares (SEM-PLS) and used SMART PLS as a tool. This research collected 108 types of data by distributing surveys and using the Likert scale. The sampling method in this research was done through non-random sampling and purposive sampling. The questionnaires were distributed to a Jakarta regional owned enterprise. This research found that employee engagement has no impact on employee satisfaction or employee performance in a regional owned company, and employee satisfaction has no impact on competitive advantage in a regional owned company. Keywords:organization, competitiveness, advantage, factors

Academic Staff Performance in the Post Covid-19: Study of Motivation, Work Environment, and Discipline Sumarni, Tri; Yuliana, Lia; Mamengko, Rullyana Puspitaningrum
Jurnal Economia Vol. 20 No. 1 (2024): February 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.v20i1.63021

AbstractThe study examines how motivation, work environment, and discipline affect academic staff performance at Universitas Negeri Yogyakarta (UNY) following the COVID-19 pandemic. Using parametric statistics, it involved 191 participants in this ex-post facto quantitative research study. According to the study, motivation, work environment, and discipline all positively and significantly affect the performance of the UNY academic staff. The novelty of this study is that when employees switch from working from home to the office, it affects their motivation, the work environment, and their ability to be disciplined because of worries about the virus resurfacing. The urgency of this study is that UNY is changing from a Public Service Agency to a Legal Entity State University, so to help prepare better human resources, it needs to collect actual information. The study results are explained in more detail, along with some suggestions and implications. Keywords:Motivation, Work Environment, Discipline, Work Performance, Academic Staff

Peace in Religious Teachings and its Impact on Economic and Political Stability Abdul Rahim, Hafizah; Rahman, Asmak Ab
Jurnal Economia Vol. 20 No. 1 (2024): February 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.v20i1.66966

AbstractThis study aims to delve into the values of peace within Islam, Hinduism, Buddhism, and Christianity in Malaysia and its profound influence on the country's economic and political stability. This study employs a qualitative approach, utilising both primary and secondary sources. In-depth interviews were conducted with religious leaders representing Islam, Hinduism, Buddhism, and Christianity, while relevant documentation was used as a secondary source. The findings indicate the shared emphasis among religious leaders upon cultivating inner peace within their respective faiths. Each religion advocates that spiritual practices foster inner peace, contributing to a harmonious society, nation, and economic resilience. Conversely, neglecting these religious teachings can lead to violence, social issues, and an absence of peace within the country. Therefore, this study posits that peace holds immense significance, urging its integration among believers and indirectly impacting Malaysia's economic development and political stability. Keywords:Value of peace, religious teachings, economic and political stability.

Exploring the Role of Education and Exports in Indonesia’s Economic Growth Jumhur, Jumhur
Jurnal Economia Vol. 22 No. 1 (2026): February 2026
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.v22i1.72744

The assumption that education positively influences economic growth remains weakly supported. Therefore, this study aims to examine the extent to which education levels explain economic growth by incorporating foreign direct investment, credit, exports, and unemployment as mediating variables. The analysis uses time-series data for Indonesia from 1991 to 2018, obtained from the World Bank’s World Development Indicators. The results show that basic education has a negative but statistically insignificant effect on economic growth. In contrast, secondary and higher education have positive and significant effects, with higher education demonstrating the strongest influence. Furthermore, exports significantly mediate the effects of primary and higher education on economic growth, while no mediating variables significantly explain the impact of secondary education. These findings imply that greater investment in secondary and higher education is crucial for promoting sustainable long-term economic growth and strengthening export performance.

Online Buying Behaviour among Youth: A Multigroup Analysis Based on Gender Julaihah, Umi
Jurnal Economia Vol. 22 No. 1 (2026): February 2026
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.v22i1.76420

This study intended to explore the effect of financial literacy, social media use, and pay-later promotion on online impulsive and compulsive buying among youth. 366 valid responses were analysed with partial least squares structural equation modelling (PLS-SEM). Further, moderation using multigroup analysis (MGA) was conducted to gain a deeper understanding of whether gender differences are present in the model proposed. The finding revealed that only the use of social media had a positive and significant effect on impulsive online buying, and impulsive buying became crucial determinants for compulsive buying. Further, this study also confirmed that buying behavior between males dan females had no significant difference. This study showed no significant effect of financial literacy on buying behaviour among youth, which could be due to the respondents' low level of financial knowledge of respondents.

Antecedents and Impacts of Green Process Innovation on Performance: A Study on Jamu MSMEs Sawitri, Hunik Sri Runing; Riani, Asri Laksmi; Wahyuni, Salamah; Istiqomah, Suryandari; Wijayanti, Ariyani Wahyu
Jurnal Economia Vol. 22 No. 1 (2026): February 2026
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.v22i1.77992

This study seeks to examine the influence of CEO education on the correlation between managerial competence and ESG. This study employs a sample of 185 observations from 37 manufacturing firms listed on the Indonesia Stock Exchange (IDX) from 2018 to 2022. This study used the weighted least squares regression model for estimation purposes. The research findings indicate that managerial skill impacts ESG, aligning with legitimacy theory. The theory suggests that superior managerial capability facilitates an understanding of stakeholder demands through ESG disclosures, thereby enhancing a company’s reputation and legitimacy. Nevertheless, the outcomes indicate that CEO education as a moderating element does not enhance the impact of managerial competence on ESG. A manager’s education does not influence ESG disclosure. The limited sample of manufacturing enterprises that issue ESG disclosure reports and the temporal scope, spanning only five years, constrain the research.

Determinants and Solutions for Youth Unemployment in East Java Province in 2023 Istiqomah, Ayu; Riyanto, Wahyu Hidayat; Putranto, FX Gugus Febri; Firmansyah, Muhammad
Jurnal Economia Vol. 22 No. 1 (2026): February 2026
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.v22i1.78550

Youth unemployment remains a problem in East Java Province. This study aims to analyse the determinants of youth unemployment in East Java Province in 2023. Secondary data from the 2023 National Labor Force Survey (Sakernas), with individual-level observations, were analysed using binary logistic regression. The results showed that gender, marital status, education level, age, work experience, the district/city minimum wage (UMK), and economic growth significantly affected youth unemployment. Synchronisation is needed between the education system and market needs so that graduates can enter the workforce immediately. In addition, quality and inclusive economic growth are essential in increasing youth labour absorption.

Sustainable Approaches to the New Trinity Framework in Emerging Market Monetary Policy Akbar, Dudi Duta; Siregar, Hermanto; Sugema, Iman; Anggraeni, Lukytawati
Jurnal Economia Vol. 22 No. 1 (2026): February 2026
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.v22i1.78577

This study intended to explore the effect of financial literacy, social media use, and pay-later promotion on online impulsive and compulsive buying among youth. Using partial least squares structural equation modelling (PLS-SEM), 366 valid responses were analysed. Additionally, a moderation analysis using multigroup analysis (MGA) was conducted to determine if there are gender differences in these relationships. The finding revealed that of the three predictors of impulsive buying, only social media use had a positive and significant impact, while impulsive buying became a crucial determinant for compulsive buying. Interestingly, this study found that gender did not moderate the relationships outlined in the proposed model, indicating that the effects were similar for both males and females. This study suggests that youth should be wise in using social media, as it could lead to excessive purchasing that worsens the financial and psychological condition of both males and females.

Does CEO Education Moderate Managerial Ability on ESG (Environmental, Social, and Governance)? Kusumawardhani, Adhityawati; Sutjiono, Cindy Belinda; Santoso, Cliona Emmanuella
Jurnal Economia Vol. 22 No. 1 (2026): February 2026
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.v22i1.78782

This study seeks to examine the influence of CEO education on the correlation between managerial competence and ESG. This study employs a sample of 185 observations from 37 manufacturing firms listed on the Indonesia Stock Exchange (IDX) from 2018 to 2022. This study used the weighted least squares regression model for estimation purposes. The research findings indicate that managerial skill impacts ESG, aligning with legitimacy theory. The theory suggests that superior managerial capability facilitates an understanding of stakeholder demands through ESG disclosures, thereby enhancing a company’s reputation and legitimacy. Nevertheless, the outcomes indicate that CEO education as a moderating element does not enhance the impact of managerial competence on ESG. A manager’s education does not influence ESG disclosure. The limited sample of manufacturing enterprises that issue ESG disclosure reports and the temporal scope, spanning only five years, constrain the research.

Revisiting EKC hypothesis through Income Inequality and Environmental Degradation in ASEAN-5 Countries Agustin, Isnaini Nuzula; Putri, Inda Meyllya; Marheni, Dewi Khornida
Jurnal Economia Vol. 22 No. 1 (2026): February 2026
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.v22i1.82118

This study examines the influence of GDP, corruption, financial development and Trade Openness on environmental degradation within the framework of the Environmental Kuznets Curve (EKC) hypothesis in ASEAN-5 emerging countries. Further, this study investigates the mediating role of income inequality. Utilizing panel data from 1990 to 2022 and the Autoregressive Distributed Lag (ARDL) approach, the findings found support the existence of a U-shaped EKC hypothesis, implying that while economic growth initially degrades environmental quality, it ultimately leads to improvements at higher income levels. The results noted that corruption exacerbates income inequality while trade openness and financial development affect income inequality in the long run. Additionally, the results posit the role of income inequality as a mediator. The results highlight the importance of implementing policies aimed at reducing corruption and income inequality to enhance environmental outcomes thus providing crucial insights for policymakers seeking to balance economic development with environmental sustainability.

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Contact Name
-

Contact Email
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Phone
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Journal Mail Official
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Editorial Address
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Location
Kab. sleman,

Daerah istimewa yogyakarta

INDONESIA