Journal of Economics Research and Social Sciences
Vol 4, No 1: February 2020

Analysis Factors of Willingness to Pay for Halal Labelled Cosmetics on Non-Muslim Community in Yogyakarta

Husnaa Winny Listyarini (Department of Economics, Faculty of Economics and Business, Universitas Muhammadiyah Yogyakarta, Yogyakarta)
Lilies Setiartiti (Department of Economics, Faculty of Economics and Business, Universitas Muhammadiyah Yogyakarta, Yogyakarta)



Article Info

Publish Date
09 Oct 2020

Abstract

This research aims to examine how product knowledge, promotion, consumers’ awareness, purchase frequency, and income influence on Willingness to Pay (WTP) for halal labelled cosmetics on non-Muslim community in Yogyakarta. This research used primary data with total 100 respondents by purposive sampling method. In addition, the analysis tool in this research are descriptive statistics, Contingent Valuation Method (CVM) which being used to predict willingness to pay, and multiple regression model on SPSS 20 as data analysis program. The result of this research shows that consumers’ awareness, purchase frequency, and income are positively and significantly influencing Willingness to Pay (WTP). And also the WTP value obtained for facial wash is Rp43.750, facial powder is Rp74.420, body wash is Rp31.670, toothpaste is Rp20.610, shampoo is Rp21.230, and body mist is Rp78.310.

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Journal Info

Abbrev

jerss

Publisher

Subject

Economics, Econometrics & Finance

Description

JERSS merupakan jurnal ilmiah yang dikelola Program Studi Ekonomi Fakultas Ekonomi dan Bisnis Universitas Muhammadiyah Yogyakarta. Jurnal ini berisikan penelitian-penelitian yang dilakukan oleh mahasiwa-mahasiswa dan berkolaborasi dengan para dosen dalam bidang studi ilmu ekonomi pembangunan. ...