Economy and Finance Enthusiastic
"Economy and Finance Enthusiastic" (EFE) is a peer-reviewed journal dedicated to advancing the understanding and knowledge of various aspects within the fields of economy and finance. EFE provides a platform for researchers, scholars, practitioners, and policymakers to engage in scholarly discourse and contribute to the exploration of key issues, trends, and developments in the realms of economics and finance. Focus of the Journal The primary focus of "Economy and Finance Enthusiastic" encompasses the exploration and analysis of theories, concepts, and practices that shape and influence economic and financial systems. The journal aims to provide insights into how economic and financial phenomena impact individuals, societies, businesses, and governments. By examining these factors, the journal aims to contribute to informed decision-making, policy formulation, and sustainable economic development. Scope of the Journal "Economy and Finance Enthusiastic" invites submissions of original research articles, reviews, case studies, and theoretical papers that address a wide and evolving range of topics within the fields of economy and finance. The scope of the journal includes, but is not limited to, the following areas: Macroeconomics and Microeconomics: Analysis of economic behavior, market dynamics, and policy implications at both macro and micro levels. Financial Markets and Institutions: Exploration of financial instruments, market structures, banking systems, and regulatory frameworks. Corporate Finance and Investments: Studies on financial management, capital allocation, investment strategies, and risk assessment in corporations. International Finance and Trade: Research on global economic integration, cross-border investments, trade policies, and currency dynamics. Public Finance and Fiscal Policies: Examination of government expenditures, taxation, public budgeting, and fiscal strategies. Behavioral Economics and Finance: Investigations into psychological factors influencing economic and financial decision-making. Sustainable and Ethical Finance: Analysis of environmentally and socially responsible financial practices, impact investing, and ethical considerations. Emerging Technologies and Fintech: Study of technological advancements, digital currencies, blockchain, and their implications for finance. Data Analytics and Quantitative Methods: Application of data-driven approaches, modeling, and quantitative techniques in economic and financial research. The scope of "Economy and Finance Enthusiastic" is dynamic and forward-looking, reflecting the evolving nature of economic and financial landscapes. The journal encourages interdisciplinary research that anticipates future challenges and opportunities, providing valuable insights that can inform strategies for sustainable economic growth and financial stability.
Articles
10 Documents
<![CDATA[Analysis of Factors Affecting Labor Productivity in the Convection Industry in Bima City: Analisis Faktor-Faktor Yang Mempengaruhi Produktivitas Tenaga Kerja Pada Industri Konveksi Di Kota Bima ]]>
<![CDATA[Muhammad Dzahir]]>;
<![CDATA[St. Maryam]]>
<![CDATA[ Economy and Finance Enthusiastic Vol. 1 No. 1 (2023): October-Maret ]]>
Publisher : <![CDATA[Economy and Finance Enthusiastic ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.59535/efe.v1i1.41
<![CDATA[This study aims to analyze the effect of work experience, gender, wages, and age on labor productivity in the convection industry in the city of Bima. This type of research is descriptive quantitative. Tests were carried out on 78 respondents spread across five sub-districts in Bima City, namely, Asakota District, West Rasanae District, Mpunda District, Raba District, and East Rasanae District. The data used is primary data. With data collection techniques is documentation. The data analysis method uses multiple linear regression using the SPSS analysis tool. The results of the analysis show that the variables Work Experience, Gender, Wages, and Age simultaneously have a positive and significant effect on labor productivity in the convection industry in Bima City. Individually (partially), the variables of Work Experience and Wages in the convection industry in Bima City have a positive and significant effect on labor productivity, while the variables of gender and age have a negative and insignificant effect on labor productivity in the convection industry in Bima City.]]>
<![CDATA[Analysis of Factors Affecting Regional Original Income in West Lombok Regency in 2010-2022: Analisis Faktor yang Mempengaruhi Pendapatan Asli Daerah di Kabupaten Lombok Barat Tahun 2010-2022 ]]>
<![CDATA[Lidia Ifana Dwi Kusuma]]>;
<![CDATA[Wahyunadi]]>;
<![CDATA[Sujadi]]>
<![CDATA[ Economy and Finance Enthusiastic Vol. 1 No. 1 (2023): October-Maret ]]>
Publisher : <![CDATA[Economy and Finance Enthusiastic ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.59535/efe.v1i1.64
<![CDATA[National development is a process of change that takes place in a planned and sustainable manner with the aim of increasing the standard of living of the people of a nation. This research aimed to analyze the effect of government spending, GRDP on local revenue in West Lombok Regency in 2010-2020. The data used is secondary data to find out whether there is an influence on Regional Original Income in West Lombok Regency in 2010-2021. The collected data were analyzed using data analysis which first tested the classical assumptions before testing the hypothesis, testing the hypothesis in this study using multiple regression analysis with the t test, f test and test the coefficient of determination. The results showed that the coefficient of determination obtained a value of 0.329 which means that 32.9% of local revenue is influenced by government spending and gross regional domestic product. The results of the hypothesis test show that government spending has no positive and significant effect on local own income, gross regional domestic product has a positive and significant effect on regional original income.]]>
<![CDATA[The Influence of Intellectual Capital and Capital Structure on Profitability: Studies of Banking Companies Listed on the IDX in 2016-2019: Pengaruh Intellectual Capital dan Struktur Modal terhadap Profitabilitas: Studi pada Perusahaan Perbankan yang Terdaftar di BEI Tahun 2016-2019 ]]>
<![CDATA[Fitri Nabila fitri]]>;
<![CDATA[Arie Cahyani]]>
<![CDATA[ Economy and Finance Enthusiastic Vol. 1 No. 1 (2023): October-Maret ]]>
Publisher : <![CDATA[Economy and Finance Enthusiastic ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.59535/efe.v1i1.68
<![CDATA[Indonesia's economy in 2022 will grow by 5.31 percent, higher than the achievements in 2021 which will experience a growth of 3.70 percent. One of the sources of economic growth comes from the textile and clothing industry, which is IDR 35.17 trillion in the second quarter of 2022. That number increased by 13.74% compared to last year This study aims to examine the effect of intellectual capital and capital structure on profitability. The population of this study consists of banking companies listed on the Indonesia Stock Exchange (IDX) between 2016 and 2019 as the data used in the research. The number of samples in this study were 27 companies selected through purposive sampling. The data analysis tool used in this study was multiple linear regression analysis. The results showed that intellectual capital has a positive effect on profitability, while capital structure has a negative but not significant effect on profitability. The conclusion of this study is that companies can use each of the variables in this study as a strategic tool that can bring benefits to stakeholders, so that investors can consider them when making decisions.]]>
<![CDATA[Analyze The Influence of Family Labor and Looms on Production Results at The Woven Fabric Craft Center in Pringgasela Village: Analisis Pengaruh Tenaga Kerja Keluarga dan Alat Tenun Terhadap Hasil Produksi Pada Sentra Kerajinan Kain Tenun Desa Pringgasela ]]>
<![CDATA[Nia Rahma Juniar]]>;
<![CDATA[Helmy Fuadi]]>;
<![CDATA[Sujadi Sujadi]]>
<![CDATA[ Economy and Finance Enthusiastic Vol. 1 No. 1 (2023): October-Maret ]]>
Publisher : <![CDATA[Economy and Finance Enthusiastic ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.59535/efe.v1i1.71
<![CDATA[This study aims to analyze the influence of family labor and looms on production results in woven fabric craft centers in Pringgasela village. The research method used was a questionnaire as a data collection instrument. The sample for this study were 51 respondents who were owners or workers in the woven fabric craft industry in Pringgasela Village. The data used is primary data. The data analysis method used is multiple linear regression using the SPSS analysis tool. The results of the data analysis show that family labor has a positive and significant influence on production results in woven fabric craft centers. In addition, looms also have a positive and significant impact on production. Based on the results of testing the coefficient of determination, the R-Square value is 0.586, meaning that the variables of family labor and looms together affect the variable production result by 58.6%. While the remaining 41.4% is influenced by other variables outside this study. Follow-up recommendations from this research are to increase the training of family workers in more advanced weaving techniques and to promote the use of modern looms in these woven fabric craft centers.]]>
<![CDATA[The Impact of Sunrise Land Lombok Beach Development on the Social Economy of the Community in Labuhan Haji Village, East Lombok Regency: Dampak Pembangunan Pantai Sunrise Land Lombok Terhadap Sosial Ekonomi Masyarakat Desa Labuhan Haji Kabupaten Lombok Timur ]]>
<![CDATA[Denda Laila Prihandini]]>;
<![CDATA[Akung Daeng]]>;
<![CDATA[Satarudin Satarudin]]>;
<![CDATA[Bjorn Schelander]]>
<![CDATA[ Economy and Finance Enthusiastic Vol. 1 No. 1 (2023): October-Maret ]]>
Publisher : <![CDATA[Economy and Finance Enthusiastic ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.59535/efe.v1i1.73
<![CDATA[Indonesia is a country that has a variety of cultures and abundant natural beauty. Natural resources as an important asset for the country by being utilized as a tourism location. The purpose of this study was to analyze the economic (income) and social (education) differences of the community before and after the construction of the Sunrise Land Lombok beach in the village of Labuhan Haji, Labuhan Haji sub-district, East Lombok district. This type of research uses descriptive quantitative research with a population of 25 with a survey method because all populations are used as respondents. Data analysis method with multiple linear regression analysis model with the help of SPSS software. The results of the study show that the construction of the Sunrise Land Lombok beach in Labuhan Haji village, Labuhan Haji sub-district, East Lombok district is proven to have th = -7.9 less than t0.025, 4 = -2.0639, so H0 is rejected, meaning that the average net income the community after the construction of the sunrise land beach is greater than the average net income of the community before the construction of the sunrise land beach lombok.]]>
<![CDATA[Analysis of the Use of Remittance Patterns of Indonesian Migrant Workers from Jago Village, Central Lombok Regency ]]>
<![CDATA[Algifari Rozak Firdaus]]>;
<![CDATA[Siti Maryam]]>;
<![CDATA[Helmi Fuadi]]>;
<![CDATA[Kevin Hewison]]>;
<![CDATA[Hazera-Tun-Nessa]]>
<![CDATA[ Economy and Finance Enthusiastic Vol. 1 No. 2 (2023): April-September ]]>
Publisher : <![CDATA[Economy and Finance Enthusiastic ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.59535/efe.v1i2.87
<![CDATA[The migration issue begins with the occurrence of development inequality, which results in high unemployment rates. One of the factors contributing to high unemployment is the limited capacity of a country's economic growth to create new job opportunities, while the number of job seekers continues to rise, leading to the phenomenon of labor migration. This research aims to analyze the patterns of remittance utilization by Indonesian Migrant Workers' (IMW) families from Jago Village, Central Lombok Regency. In this study, a quantitative descriptive research method was employed, and the analytical tool applied was percentage analysis to calculate the usage of remittances by IMW families in their home village. Primary data were obtained through questionnaires, interviews, and observations conducted on IMW families in Jago Village, Central Lombok Regency. The research findings indicate that the majority of remittance utilization by migrant families is dominated by consumption-oriented purposes. Approximately 70.5 percent of the respondents exhibited a pattern of using remittances for consumptive purposes, while 29.5 percent of the respondents used remittances for productive purposes.]]>
<![CDATA[Information Asymmetry as an Intervening Variable on the Effect of Earnings Quality on the Cost of Equity ]]>
<![CDATA[I Gde Andhika Putra]]>;
<![CDATA[M. Ali Fikri]]>;
<![CDATA[Iman Waskito]]>;
<![CDATA[Ermawati Ermawati]]>;
<![CDATA[Augustine Ayuba]]>
<![CDATA[ Economy and Finance Enthusiastic Vol. 1 No. 2 (2023): April-September ]]>
Publisher : <![CDATA[Economy and Finance Enthusiastic ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.59535/efe.v1i2.88
<![CDATA[The increasing competition demands companies to expand their operations in order to survive and remain competitive. This expansion includes business expansion, product innovation, and product differentiation, all of which ultimately lead to an increased need for funding. Therefore, companies require external parties capable of providing funding, such as investors or creditors. The objective of this research is to examine whether the quality of earnings affects the cost of equity and whether the quality of earnings affects the cost of equity with asymmetric information as an intervening variable. The quality of earnings is measured using discretionary accruals, which are calculated using the Modified Jones Model. Meanwhile, asymmetric information and the cost of equity are measured using bid-ask spreads and price-earning ratios, with agency theory as the primary theory underpinning this research. The research sample consists of 46 companies selected through purposive sampling from the manufacturing sector of consumer goods industry listed on the Indonesia Stock Exchange during the years 2019-2021. The research method employed in this study is path analysis, which explains the direct and indirect relationships between the quality of earnings, asymmetric information, and the cost of equity. Based on the results of the path analysis, it is evident that the quality of earnings does not directly affect the cost of equity. Furthermore, the testing of the second hypothesis indicates that the quality of earnings does not have an indirect effect on the cost of equity with asymmetric information as an intervening variable.]]>
<![CDATA[Optimization Strategy Of Regional Origin Income (PAD) And Impact On Economic Growth In Buton Selatan Regency ]]>
<![CDATA[La Musa]]>;
<![CDATA[Abdul Rahman Kadir]]>;
<![CDATA[Nur Dwiana Sari Saudi]]>
<![CDATA[ Economy and Finance Enthusiastic Vol. 1 No. 2 (2023): April-September ]]>
Publisher : <![CDATA[Economy and Finance Enthusiastic ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.59535/efe.v1i2.91
<![CDATA[South Buton Regency has various potential natural resources, such as fertile agricultural land, abundant fishery products, and large reserves of minerals and mines. However, this potential has yet to be fully optimized to increase local revenue (PAD). This study aims to identify strategic factors, which are strengths and weaknesses as well as opportunities and threats, and then formulate priority development strategies for optimizing Regional Original Revenue (PAD) and their impact on economic growth in South Buton Regency. Primary data is used through field observations and interviews, while secondary data is obtained from previous research, books, and related agencies. The results of the study indicate alternative strategies that can be considered, including strategies for exploiting the potential of rich natural resources and improving supporting infrastructure, strategies for implementing training and education programs and increasing efforts to diversify the economy, strategies for using the potential for rich natural resources to develop various products and services as well as improving the quality of existing infrastructure and forging partnerships with other regions in a joint effort to overcome competition with other regions and face common challenges.]]>
<![CDATA[Identification Of Local Origin Income Factors In The Tourism Sector In Buton Selatan District ]]>
<![CDATA[La Ode Aslam Almadani]]>;
<![CDATA[Hamrullah Hamrullah]]>;
<![CDATA[Andi Ratna Sari Dewi]]>
<![CDATA[ Economy and Finance Enthusiastic Vol. 1 No. 2 (2023): April-September ]]>
Publisher : <![CDATA[Economy and Finance Enthusiastic ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.59535/efe.v1i2.92
<![CDATA[Tourism has been transformed into one of the economic sectors with extraordinary potential to support the economic growth of a region. The tourism industry has a significant role in the context of a country. South Buton Regency has great potential to increase local revenue (PAD) through tourism. This potential is based on various factors that make South Buton Regency an attractive tourist destination. This study aims to identify the factors of local revenue in the tourism sector in the South Buton Regency. The research method is in the form of observation, and direct interviews with the parties involved, and then the data is analyzed using descriptive analysis of the level of conformity through the level of interest and level of satisfaction. The study results show that the village's original income factors in the tourism sector are adequate infrastructure, effective promotion and marketing, and diversification of tourism products. The level of conformity obtained from the questionnaire results on the level of importance and level of satisfaction of local revenue factors in the tourism sector in South Buton Regency shows an average value of> 100%, namely 107.95% in the very satisfied category.]]>
<![CDATA[Sentiment Analysis and Word Cloud Insights of Freelance Illustrators in the Dynamics of the AI Art Era using Atlas-ti ]]>
<![CDATA[Wily Mohammad]]>;
<![CDATA[Hanif Saifurrahman]]>;
<![CDATA[Riska Nabila]]>;
<![CDATA[Besar Agung Martono]]>
<![CDATA[ Economy and Finance Enthusiastic Vol. 1 No. 2 (2023): April-September ]]>
Publisher : <![CDATA[Economy and Finance Enthusiastic ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.59535/efe.v1i2.106
<![CDATA[This qualitative research aims to explore the dynamics of business competition in the modern era, specifically within the realm of freelance illustration, in response to the emergence of AI Art. The study delves into the sentiments, perceptions, and concerns of freelance illustrators regarding AI Art's impact on their profession and the broader creative landscape. Employing a mixed-methods approach, encompassing Sentiment Analysis and Word Cloud analysis utilizing Atlas-ti software, the research captures the multifaceted viewpoints of 25 freelance illustrators. The Sentiment Analysis discerns a complex tapestry of sentiments, with 46% of participants expressing positive sentiments and 54% expressing negative sentiments concerning AI Art. Positive sentiments underscore AI Art's potential to democratize art, broaden creative horizons, and enhance accessibility. Conversely, negative sentiments revolve around apprehensions of job displacement, ethical dilemmas, and the potential erosion of traditional artistic skills. The Word Cloud analysis further dissects the most prevalent terms associated with each sentiment, offering insights into the central themes and concerns. These findings highlight the intricate interplay of emotions within the freelance illustration community which has more negative sentiments.]]>
