How Effective are Policy Interventions Against the COVID-19 Infection Rates?

Studies on the COVID-19 pandemic are more likely to concentrate on the effects of the virus while ignoring its time-series characteristics, particularly its stationarity characteristics. Thus, this study attempts to investigate the effectiveness of policy interventions against COVID-19 by determining the permanent or transitory effects in 5 major regions and the ten most infected countries. Using the endogenous multiple breaks unit root tests introduced by Kapetanios (2005), the findings indicate that only the impacts of shocks to COVID-19 infection rates in France are likely to be permanent. However, the transitory effect is found in Brazil, Germany, Iran, Italy, Russia, Spain, Turkey, the United Kingdom, and the United States. The country where the shock has a permanent impact is suitable for policy interventions, including lockdowns, social isolation, and local isolation. While herd immunity, which protects the entire population against COVID-19, is better ideal for application in countries that experience shocks with a transitory effect.JEL Classification: C1, I15, I18How to Cite:Tang, C.F., & Tan, B.W. (2023). How Effective are Policy Interventions Against the COVID-19 Infection Rates? Etikonomi, 22(1), 1–14. https://doi.org/10.15408/etk.v22i1.28486

Antecedents of Intention to Use Ride-Sharing Platform

The Ride-Sharing Platform (RSP) implementation in Indonesia has been emerging recently. The use of this platform is increasing significantly year by year. This study aimed to identify the factors influencing the attitudes and intentions of RSP users in Indonesia. This research discussed the role of customers in service innovation and the relationship between Perceived Usefulness, Perceived Ease-of-Use, Word-of-Mouth (WOM), and Intention to Use RSP from the perspective of TAM and TPB. This research used 208 data originating from 219 samples acquired through questionnaire distribution. The obtained data were then analyzed using the SmartPLS Program. This research shows that Perceived Usefulness, Perceived Ease-of-Use, and word of mouth positively affect the Intention to Use RSP mediated by Customer Attitude toward Service Innovation. This research could contribute to the RSP industry and those who want to join RSP as one of the service providers. This study contributes considerably to the breadth and rigor of the RSP literature from the perspectives of TAM and TPB.JEL Classification: M31, M37, L92How to Cite:Tjokrosaputro, M. (2023). Antecedents of Intention to Use Ride-Sharing Platform. Etikonomi, 22(2), 429 – 442. https://doi.org/10.15408/etk.v22i2.26127

Factors Determining Indonesian Muslim Behaviour in Purchasing Halal Food: A Preliminary Study

Halal food and consumer behaviour are hot issues in scholarly publications. However, research exploring the factors determining consumer decisions by the exploratory study is still rare. Therefore, this study aimed to identify the factors that determine Indonesian Muslims' purchasing of halal food. We focused on halal food Muslim consumers and 140 questionnaires were distributed. Exploratory Factor Analysis and Confirmatory Factor Analysis was used for data analysis. The findings showed that three main factors determine Muslim purchase decisions for halal food: halal awareness, religiosity, and the safety & quality of halal food. A novel model of halal food consumer behaviour that implies the application of Halalan-tayyibah in Islamic teachings, namely the integration of halalness with product safety and quality. The study also implies that business players must pay attention to halal aspects in all business processes, from manufacturing to marketing, for the halal food value chain to be fully fulfilled.JEL Classification: M21, M31, Z12How to Cite:Alimusa, L.O., Septiani M, A., Ratnasari, R. T., & Hasan, A. (2023). Factors Determining Indonesian Muslim Behavior in Purchasing Halal Food: A Preliminary Study. Etikonomi, 22(2), 263 – 276. https://doi.org/10.15408/etk.v22i2.26979

Millennial’s Decision on the Use of Online Halal Marketplace in Indonesia

This study aims to analyze the Millennials' behavior influenceon their decision to use an online halal marketplace inIndonesia, which is mediated by their perception as anintervening variable. A probability sampling technique withconvenience sampling was used to calculate 100 from 125collected primary data sets. The SEM-PLS statistical techniquewas used to analyze the relationships among variables. Thefindings showed that only technology adoption, opinions,broader activities, and Millennials’ perception influenced theirdecisions to use the online Halal marketplace, while success& status, personal health, and brand value & reward didnot. Millennials’ perception is not an intervening variablefor all indirect effects. It implies that Millennials consideronline Halal marketplace has not been addressed to reservethe Muslim concerns, and their decision to use it didnot necessarily derive from religious reasons. Online Halalmarketplaces must combine more suitable marketing strategiesto increase customer engagement with the Islamic brand byconsistently delivering reliable Halal products and servicesto meet Millennials' needs while penetrating this segment.JEL Classification: M31, M37, L92How to Cite:Aisyah, M. (2023). Millennial’s Decision on the Use of Online Halal Marketplace in Indonesia. Etikonomi, 22(2), 293 – 320. https://doi.org/10.15408/etk.v22i2.34353

The Nexus between Time Management Behaviors and Work-Life Balance of Employees

This research is envisioned to explain the impact of individual time management behaviors on the work-life balance of banking employees. Using the positivist paradigm, a self-administered survey was chosen to collect responses from bank employees across Sindh, Pakistan. The presented hypotheses were supported by quantitative analytical techniques that tested causal links between all constructs. A total of 450 questionnaires were administered, out of which 320 valid responses were analyzed using PLS-SEM. The findings validated that individual time management behaviors do contribute to attaining work-life balance in the banking sector. Results revealed a positive effect of goal setting and priorities, time management mechanics, and organization preference on employees’ work-life balance. Among all, mechanics of time management (MTM) substantially impact achieving work-life balance. This research will aid in the identification of time management practices that are better capable of balancing work and life.JEL Classification: M12How to Cite:Shaikh, S., Khoso, I., & Channa, N. (2023). The Nexus Between Time Management Behaviors and Work-Life Balance of Employees. Etikonomi, 22(1), 119–130. https://doi.org/10.15408/etk.v22i1.22385

Determinants and Impacts of Trust on Awqaf Institutions: Intergenerational Evidence from Indonesia

This study evaluates the determinants and impacts of trust toward awqf institutions. We extend previous studies by examining the determining role of religiosity and knowledge on trust towards awqf institutions, in addition to the role of reputation and integrity. Our study differs from the previous studies as we incorporate the intergenerational analysis of 658 experienced and inexperienced Indonesian waqf donors by employing the PLS-SEM method. Our findings suggest that religiosity and knowledge significantly influence trust toward awqf institutions. However, the impact differs across generations X, Y, and Z. While the direct impacts of religiosity and knowledge on the intention to do cash waqf are insignificant for certain generations, the variables significantly impact the intention of all generations when moderated by the trust. Therefore, our primary implication is for awqf institutions to know their customers better and offer more trust-enhancing programs for the inexperienced younger generations.JEL Classification: Z12, L31How to Cite:Haidlir, B. M., Jatmiko, W., Azizon, A., Kasri, R. A., & Laksmono, B. A. (2023). Determinants and Impacts of Trust on Awqf Institutions: Intergenerational Evidence from Indonesia. Etikonomi, 22(1), 175–196. https://doi.org/10.15408/etk.v22i1.26307

The Spillover Effect of Global Uncertainty on BRICS Stock Markets

Using monthly data spanning from 1993 to 2021 and employingthe DCC-GARCH model, this study examines the role ofEconomic Policy Uncertainty (EPU) as a potential exogenousfactor impacting the correlation of Brazil, Russia, India, andChina (BRIC) economies’ stock markets, which is new to theliterature. Further, this dynamic correlation series is used as adependent variable while EPU of BRIC and USA is used as anindependent variable by utilizing the autoregressive distributedlag (ARDL) model. The study finds a positive and significantshort-run as well as the long-run impact of Russia’s and theUS’s EPU on their stock markets. In other words, as the EPUof the USA increases, the correlation of BRIC with the USAStock Market and the World Stock Market increases, suggestingminimum diversification opportunities for the investors. Thestudy also recommends that investors diversify their portfoliosby considering cross borders assets avenues to gain maximumreturns and reduce portfolio risk.JEL Classification: E44, C32, E52, E60, E62, C58How to Cite:Nawaz, A. D., Bhutto, N. A., & Khan, S. (2023). The Spillover Effect of Global Uncertainty on BRICS Stock Markets. Etikonomi, 22(1), 45–64. https://doi.org/10.15408/etk.v22i1.24617

The Asymmetric Effect of Exchange Rate on the Household Consumption Expenditures

Previous literature on the exchange rate and household consumption failed to examine the effect of positive and negative changes in the exchange rate on household consumption expenditures. We extended the available literature by investigating the asymmetric impacts in African emerging economies (AEE). To attain this aim, we utilized the nonlinear ARDL model, which covers both negative and positive shocks in the exchange rate. Our results indicate that movements in the exchange rate have asymmetric impacts on household consumption in all the included emerging economies, excluding Nigeria. Our findings propose recommendations for the policymakers to ensure the alignment of the optimal exchange rate for countries of emerging African economies and propose relevant policies for the countries.JEL Classification: D12, D60, I30How to Cite:Gohar, R., Chang, B. H., Uche, E., & Bhatty, K. (2023). The Asymmetric Effect of Exchange Rate on the Household Consumption Expenditures. Etikonomi, 22(1), 31–44. https://doi.org/10.15408/etk.v22i1.23428

Entrepreneurial Marketing Impact Score on MSME Performances Through Its Dimension

The presence of the entrepreneurial marketing concept is considered capable of overcoming marketing problems in MSMEs. This study aims to determine the specific magnitude of the influence score given by each entrepreneurial marketing dimension to MSMEs in Bengkulu City. This study focuses on culinary MSMEs that are the mainstay sector of the region. The effective and relative contribution has been used to measure the influence score of its dimension on performance and 183 questionnaires are distributed to the owners of MSMEs in Bengkulu City. The results show that the dimension of resource leverage most dominantly affects business performance. Meanwhile, calculated risk-taking has a minor effect. Essentially, culinary MSME business actors in Bengkulu City must improve their ability to effectively predict the problem in the future that can be done by joining risk management certification or webinar.JEL Classification: L25, L26, L66How to Cite:Putri, M. K., & Putri, A. N. (2023). Entrepreneurial Marketing Impact Score on MSME Performance Through Its Dimension. Etikonomi, 22(1), 79–92. https://doi.org/10.15408/etk.v22i1.25617

“Demographic Winter”: Does it Have an Impact on Indonesia? Population Economic Records

The originality of this paper focuses on existing material. It has implications for uncovering Indonesia's barriers to population growth, which are associated with economic components such as employment, wages, and happiness. On this basis, the orientation of this study is centered on cycles in the "demographic winter" of Indonesia. Short-term data for 2016–2021 is applied. This research is using multiple regression. In its actualization, population composition has a positive effect on the aging population, the aging population has a positive effect on the young workforce, and the young workforce affects wages. Another direct effect found a positive effect between fertility on marriage and birth productivity. From other moments, it is evident that being married positively affects birth productivity, and life expectancy and birth productivity positively affect happiness. In theoretical construction, the findings suggest further identification beyond the existing premise. The research in the next edition is growing by including other non-economic factors such as health, migration, mortality, and education.JEL Classification: C12, C22, J10, J21, I31How to Cite:Rosyadi, R., Wijayanti, T. C., & Jiuhardi, J. (2023). “Demographic Winter”: Does it Have an Impact on Indonesia? Population Economic Records. Etikonomi, 22(2), 389 – 408. https://doi.org/10.15408/etk.v22i2.31264