Muhammadiyah International Journal of Economics and Business
This study attempts to provide an overview of the digitalization of MSMEs in East Java. It is a q... more This study attempts to provide an overview of the digitalization of MSMEs in East Java. It is a qualitative descriptive study in which the data were collected through surveys with simple random sampling method. Basically, 80 percent of MSMEs have integrated digital literacy, particularly in the context of product marketing, into their strategy, yet only 12 percent have carried out it professionally. In East Java, 70 percent of MSMEs emphasize digital marketing through social media platforms, i.e., Instagram and Facebook, while 30 percent prefer mixed method. This study also reveals that either using a single platform or multi platform, it statistically has insignificant effect on the ratio of online transactions. Nevertheless, there is a significant positive effect between the ratio of online transactions and the management quality of digital marketing.
Tujuan dari penelitian ini adalah untuk memberikan gambaran mengenai digitalisasi UMKM di Jawa Ti... more Tujuan dari penelitian ini adalah untuk memberikan gambaran mengenai digitalisasi UMKM di Jawa Timur. Penelitian ini merupakan penelitian deskriptif dengan pendekatan kualitatif, pengumpulan data dilakukan melalui survei dengan metode simple random sampling. Secara umum literasi UMKM untuk melakukan digitalisasi khususnya pada aspek pemasaran produk berada diangka 80% akan tetapi UMKM yang sudah melakukan pemasaran melalui platform digital secara profesional baru berada dikisaran 12%. 70% UMKM di Jawa Timur memfokuskan pemasaran digital melalui platform sosial media terutama Instagram dan Facebook sedangkan sisanya memilih mixing methode. Penelitian ini juga mengungkapkan walaupun mayoritas UMKM memilih sosial media dalam melakukan pemasaran digital akan tetapi secara statistik penggunaan single platform atau multi platform tidak berpengaruh signifikan terhadap rasio transaksi online. Pengaruh positif signifikan terhadap rasio transaksi online hanya ditentukan oleh kualitas menajeme...
This study aims to strengthen the literature, which claims that knowledge sharing has a vital rol... more This study aims to strengthen the literature, which claims that knowledge sharing has a vital role in the performance of small businesses. This study uses data from small businesses in East Java, Indonesia, and analyzes it using path analysis. The results of this study indicate; first, knowledge sharing has a direct positive effect on performance; second, the ability of innovation proves to mediate knowledge sharing and small business performance positively.
East Java Province has an important role in the national economy, given its significant contribut... more East Java Province has an important role in the national economy, given its significant contribution to economic development. Of course, economic development must be oriented towards its usefulness and sustainability. Therefore, this study aims to identify sustainable development clustering in East Java Province and what factors influence sustainable development. The analytical tool used is K-means. The reasons for using the K-Means algorithm are among others because this algorithm has a high enough accuracy to the object size. Based on the results of the analysis, it can be seen that economic performance does not significantly affect the occurrence of sustainable development in East Java. Welfare is able to significantly influence the occurrence of agglomeration of sustainable development in East Java.
This study analyzes the impact of the shocks caused by the COVID-19 pandemic on the labor market.... more This study analyzes the impact of the shocks caused by the COVID-19 pandemic on the labor market. The research is vital for expanding the literature about maintaining the unemployment rate amid crisis, ultimately reducing unnecessary social costs. The quantitative approach in this study uses a Granger causality test to understand the effect of the shock caused by the COVID-19 pandemic on unemployment. Meanwhile, the qualitative approach in this study uses literature related to economic growth, crisis management, and unemployment. Granger causality tests show that economic slowdown hurts the unemployment rate. Based on discussion and synthesis from works of literature, this paper recommends some of the policies to maintain growth and prevent a more severe collapse in the labor market; the government needs to sustain aggregate demand and supply. Also, ensure the supply chain runs well amid various restrictions. Besides, this paper also proposes that the government maximizes alternativ...
The purpose of this study is an in-depth analysis of metacognition and critical thinking of stude... more The purpose of this study is an in-depth analysis of metacognition and critical thinking of students in problem-solving. This research is a qualitative research with a descriptive approach, the subject of research is divided into three categories, namely low-ability students, medium and high. The analysis found some interesting things: 1) the tendency of low-ability students to experience Bayes awareness, a condition where knowledge of cognition is not acknowledged by action; 2) the majority of students in each category have difficulty in determining the truth value of a statement on a critical thinking test; 3) low-ability students have difficulty in solving problems since the understanding of the problem, 4) The majority of students in all categories pay less attention to the stage of reviewing the work. This study also shows that each category of students tends to have unique and different ways of solving problems. In general, there is a consistent pattern between metacognition, ...
This study investigates the price movement characteristics of banking issuers listed on the Indon... more This study investigates the price movement characteristics of banking issuers listed on the Indonesia Stock Exchange with macroeconomic indicators as an exogenous variable. By using the k-means clustering based on the monthly rate of return, banks are classified into three clusters, lower, middle, and upper clusters, with a cluster rank directly proportional to the average rate of return. Furthermore, each cluster formed is estimated using dynamic panel data regression with the generalized method of moment. This study shows that the price of banking issuers in the middle cluster is more reactive in dealing with interest rates and exchange rates. At the same time, the highest inflation coefficient exists in the upper cluster. The higher beta coefficient creates abnormal returns that allow for higher gains and line with the risk level. Meanwhile, the price effect in the previous period proved to be in line with the cluster level, indicating that higher clusters are more resilient. Therefore, referring to the possibility of abnormal returns and resilience to uncertainty, this study concludes that issuers in the middle cluster are more suitable for a short-term investment, while issuers in the upper cluster are for the long-term.
This paper divides two types of information content: a) official information; and b) secondary in... more This paper divides two types of information content: a) official information; and b) secondary information. Official information is information produced by marketers and secondary information is information produced by other than official information. The discussion focused on the balance and deviation of utility between official information and secondary information. This paper presents three propositions: proposition 1: positive utility deviation values indicate that consumers get more satisfaction than expected; proposition 2: utility deviation value equal to 0 indicates consumers get satisfaction as expected; proposition 3: a negative utility deviation value indicates consumers get lower than expected satisfaction.
Tujuan artikel ini adalah untuk menganalisis karakteristik dan pengaruh pertumbuhan ekonomi dan k... more Tujuan artikel ini adalah untuk menganalisis karakteristik dan pengaruh pertumbuhan ekonomi dan kenaikan upah minimum terhadap pengangguran di Kalimantan Barat. Penelitian ini merupakan penelitian deskriptif dengan pendekatan kualitatif-kuantitatif, yakni menggunakan metode analisis statistik deskriptif dan menggunakan analisis regresi data panel. Selama kurun waktu 2011-2015 pengangguran di Kalimantan Barat menunjukkan tren kenaikan, hal ini bersamaan dengan tren pertumbuhan ekonomi yang terus mengalami perlambatan dan kecenderungan upah minimum yang terus mengalami kenaikan. Mayoritas sektor ekonomi yang masih betumpu pada sektor pertanian dan pertambangan adalah salah satu penyebab minimnya lapangan pekerjaan, selain itu, laju inflasi tahunan yang cukup tinggi juga menyebabkan upah minimum di Kalimantan Barat selalu mengalami kenaikan yang cukup signifikan.
Muhammadiyah International Journal of Economics and Business
This study attempts to provide an overview of the digitalization of MSMEs in East Java. It is a q... more This study attempts to provide an overview of the digitalization of MSMEs in East Java. It is a qualitative descriptive study in which the data were collected through surveys with simple random sampling method. Basically, 80 percent of MSMEs have integrated digital literacy, particularly in the context of product marketing, into their strategy, yet only 12 percent have carried out it professionally. In East Java, 70 percent of MSMEs emphasize digital marketing through social media platforms, i.e., Instagram and Facebook, while 30 percent prefer mixed method. This study also reveals that either using a single platform or multi platform, it statistically has insignificant effect on the ratio of online transactions. Nevertheless, there is a significant positive effect between the ratio of online transactions and the management quality of digital marketing.
Tujuan dari penelitian ini adalah untuk memberikan gambaran mengenai digitalisasi UMKM di Jawa Ti... more Tujuan dari penelitian ini adalah untuk memberikan gambaran mengenai digitalisasi UMKM di Jawa Timur. Penelitian ini merupakan penelitian deskriptif dengan pendekatan kualitatif, pengumpulan data dilakukan melalui survei dengan metode simple random sampling. Secara umum literasi UMKM untuk melakukan digitalisasi khususnya pada aspek pemasaran produk berada diangka 80% akan tetapi UMKM yang sudah melakukan pemasaran melalui platform digital secara profesional baru berada dikisaran 12%. 70% UMKM di Jawa Timur memfokuskan pemasaran digital melalui platform sosial media terutama Instagram dan Facebook sedangkan sisanya memilih mixing methode. Penelitian ini juga mengungkapkan walaupun mayoritas UMKM memilih sosial media dalam melakukan pemasaran digital akan tetapi secara statistik penggunaan single platform atau multi platform tidak berpengaruh signifikan terhadap rasio transaksi online. Pengaruh positif signifikan terhadap rasio transaksi online hanya ditentukan oleh kualitas menajeme...
This study aims to strengthen the literature, which claims that knowledge sharing has a vital rol... more This study aims to strengthen the literature, which claims that knowledge sharing has a vital role in the performance of small businesses. This study uses data from small businesses in East Java, Indonesia, and analyzes it using path analysis. The results of this study indicate; first, knowledge sharing has a direct positive effect on performance; second, the ability of innovation proves to mediate knowledge sharing and small business performance positively.
East Java Province has an important role in the national economy, given its significant contribut... more East Java Province has an important role in the national economy, given its significant contribution to economic development. Of course, economic development must be oriented towards its usefulness and sustainability. Therefore, this study aims to identify sustainable development clustering in East Java Province and what factors influence sustainable development. The analytical tool used is K-means. The reasons for using the K-Means algorithm are among others because this algorithm has a high enough accuracy to the object size. Based on the results of the analysis, it can be seen that economic performance does not significantly affect the occurrence of sustainable development in East Java. Welfare is able to significantly influence the occurrence of agglomeration of sustainable development in East Java.
This study analyzes the impact of the shocks caused by the COVID-19 pandemic on the labor market.... more This study analyzes the impact of the shocks caused by the COVID-19 pandemic on the labor market. The research is vital for expanding the literature about maintaining the unemployment rate amid crisis, ultimately reducing unnecessary social costs. The quantitative approach in this study uses a Granger causality test to understand the effect of the shock caused by the COVID-19 pandemic on unemployment. Meanwhile, the qualitative approach in this study uses literature related to economic growth, crisis management, and unemployment. Granger causality tests show that economic slowdown hurts the unemployment rate. Based on discussion and synthesis from works of literature, this paper recommends some of the policies to maintain growth and prevent a more severe collapse in the labor market; the government needs to sustain aggregate demand and supply. Also, ensure the supply chain runs well amid various restrictions. Besides, this paper also proposes that the government maximizes alternativ...
The purpose of this study is an in-depth analysis of metacognition and critical thinking of stude... more The purpose of this study is an in-depth analysis of metacognition and critical thinking of students in problem-solving. This research is a qualitative research with a descriptive approach, the subject of research is divided into three categories, namely low-ability students, medium and high. The analysis found some interesting things: 1) the tendency of low-ability students to experience Bayes awareness, a condition where knowledge of cognition is not acknowledged by action; 2) the majority of students in each category have difficulty in determining the truth value of a statement on a critical thinking test; 3) low-ability students have difficulty in solving problems since the understanding of the problem, 4) The majority of students in all categories pay less attention to the stage of reviewing the work. This study also shows that each category of students tends to have unique and different ways of solving problems. In general, there is a consistent pattern between metacognition, ...
This study investigates the price movement characteristics of banking issuers listed on the Indon... more This study investigates the price movement characteristics of banking issuers listed on the Indonesia Stock Exchange with macroeconomic indicators as an exogenous variable. By using the k-means clustering based on the monthly rate of return, banks are classified into three clusters, lower, middle, and upper clusters, with a cluster rank directly proportional to the average rate of return. Furthermore, each cluster formed is estimated using dynamic panel data regression with the generalized method of moment. This study shows that the price of banking issuers in the middle cluster is more reactive in dealing with interest rates and exchange rates. At the same time, the highest inflation coefficient exists in the upper cluster. The higher beta coefficient creates abnormal returns that allow for higher gains and line with the risk level. Meanwhile, the price effect in the previous period proved to be in line with the cluster level, indicating that higher clusters are more resilient. Therefore, referring to the possibility of abnormal returns and resilience to uncertainty, this study concludes that issuers in the middle cluster are more suitable for a short-term investment, while issuers in the upper cluster are for the long-term.
This paper divides two types of information content: a) official information; and b) secondary in... more This paper divides two types of information content: a) official information; and b) secondary information. Official information is information produced by marketers and secondary information is information produced by other than official information. The discussion focused on the balance and deviation of utility between official information and secondary information. This paper presents three propositions: proposition 1: positive utility deviation values indicate that consumers get more satisfaction than expected; proposition 2: utility deviation value equal to 0 indicates consumers get satisfaction as expected; proposition 3: a negative utility deviation value indicates consumers get lower than expected satisfaction.
Tujuan artikel ini adalah untuk menganalisis karakteristik dan pengaruh pertumbuhan ekonomi dan k... more Tujuan artikel ini adalah untuk menganalisis karakteristik dan pengaruh pertumbuhan ekonomi dan kenaikan upah minimum terhadap pengangguran di Kalimantan Barat. Penelitian ini merupakan penelitian deskriptif dengan pendekatan kualitatif-kuantitatif, yakni menggunakan metode analisis statistik deskriptif dan menggunakan analisis regresi data panel. Selama kurun waktu 2011-2015 pengangguran di Kalimantan Barat menunjukkan tren kenaikan, hal ini bersamaan dengan tren pertumbuhan ekonomi yang terus mengalami perlambatan dan kecenderungan upah minimum yang terus mengalami kenaikan. Mayoritas sektor ekonomi yang masih betumpu pada sektor pertanian dan pertambangan adalah salah satu penyebab minimnya lapangan pekerjaan, selain itu, laju inflasi tahunan yang cukup tinggi juga menyebabkan upah minimum di Kalimantan Barat selalu mengalami kenaikan yang cukup signifikan.
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