Jurnal Ekonomi Pembangunan
Vol 20, No 2 (2022): Jurnal Ekonomi Pembangunan

Reviewing the Impact of COVID-19 on the Performance of Small Industries in South Sumatra

Mukhlis Mukhlis (Department of Economics, Faculty of Economics, Universitas Sriwijaya)
Bernadette Robiani (Department of Economics, Faculty of Economics, Universitas Sriwijaya)
Nazeli Adnan (Department of Economics, Faculty of Economics, Universitas Sriwijaya)
Hamira Hamira (Department of Economics, Faculty of Economics, Universitas Sriwijaya)
Dirta Pratama Atiyatna (Department of Economics, Faculty of Economics, Universitas Sriwijaya)



Article Info

Publish Date
15 Jan 2023

Abstract

In early 2020, the COVID-19 virus outbreak spread globally and had a negative impact on the economy. The large-scale social restriction policy implemented by the South Sumatra government to contain the development of the virus has had a negative impact on small industries. This study aims to analyze the impact of COVID-19 on small industries in South Sumatra Province. The data used are primary data from 60 samples of small industries and secondary data sourced from agencies. The analysis technique used is quantitative and qualitative analysis techniques. The results of the Wilcoxon signed test show that the COVID-19 pandemic has caused a decline in profits and labor in small industries in South Sumatra Province. Small industries have felt the negative impact of the presence of COVID-19 but they can still survive and it is easy for their businesses to get back on their feet. For this reason, various policies are needed to develop small industries in South Sumatra Province.

Copyrights © 2022






Journal Info

Abbrev

jep

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi Pembangunan is a peer-reviewed journal that provides a forum for scientific works pertaining to Development Economics. Published twice in a year (June and December). This Journal has p-ISSN 1829-5843, and e-ISSN 2685-0788. This journal was first published since June 2003 by the ...