International Journal of Economics, Business, and Entrepreneurship

The INFLUENCE OF ECONOMIC FREEDOM, MACROECONOMIC VARIABLES, AND THE COVID-19 PANDEMIC ON ECONOMIC GROWTH

2024-05-02T23:58:42+00:00

The aim of APEC cooperation is to promote sustainable and inclusive economic growth, as well as enhance cooperation and economic integration among its members. This study aims to analyze the influence of economic freedom, foreign direct investment, international trade, labor force, inflation, and the Covid-19 pandemic on economic growth in the 19 APEC member countries using multiple linear regression method. This research examines the impact of economic freedom, foreign direct investment, international trade, labor force, inflation, and the Covid-19 pandemic on economic growth. The analysis results indicate that economic freedom, although important, may have limited impact in weak institutional settings. Conversely, foreign direct investment and international trade have proven to have significant positive effects by bringing capital, technology, and innovation as well as enhancing economic efficiency. Moreover, skilled labor force and controlled inflation also support economic growth. However, the Covid-19 pandemic has caused serious disruptions by disrupting supply chains, decreasing demand, and creating economic uncertainty, highlighting the importance of economic resilience and public health. These findings emphasize the importance of policies supporting these factors to drive sustainable economic growth.

FOREIGN DIRECT INVESTMENT ANALYSIS OF INDONESIA 1992 – 2022

2024-05-02T23:58:24+00:00

Foreign direct investment (FDI) plays an important role in the economic development of a country, including Indonesia. This research uses descriptive qualitative and quantitative methods with secondary data in the form of open data from the World Bank and the Central Statistics Agency to analyze the development of FDI in Indonesia from 1992 to 2022. Foreign investment fluctuates, influenced by economic and political crises, changes in infrastructure, and challenges. Although Indonesia has successfully recovered from the economic crisis of the late 1990s, the COVID-19 pandemic had a significant impact in 2020. The government's response and stimulus measures have helped maintain economic recovery. The synergy between the Indonesian government and foreign investors can boost national economic growth. This study provides an in-depth understanding of the dynamics of FDI in Indonesia and provides a basis for improving policies and strategic direction for sustainable economic development. Despite existing challenges, Indonesia continues to attract investor interest from various countries and sectors, with the potential to increase equitable investment allocation in the region.

MEASURING PT. AEI EMPLOYEE PERFORMANCE : IN TERMS OF OCCUPATIONAL HEALTH AND SAFETY (K3) AND COMPETENCY

2024-05-02T23:58:04+00:00

This research aims to analyze the influence of occupational health and safety (K3) on employee performance at PT. AEI South Jakarta, to analyze the influence of competency on employee performance at PT. AEI South Jakarta, to analyze the influence of occupational health and safety (K3) and competency together on employee performance at PT. AEI South Jakarta. Analysis in the research uses SEM PLS, where Structural Equation Modeling (SEM) is structural equation modeling in the form of a set of statistical methods based on measurements and structural models. The sample in this research is employees at PT. AEI South Jakarta as many as 126 employees will be used as respondents to fill out the questionnaire using the Slovin sampling technique. The research results state that K3 has a significant positive effect on employee performance, competency has a significant positive effect on employee performance, K3 and competency together have a significant effect on employee performance. K3 and competency contribute to employee performance by 77.6%.

The Effectiveness of the Berjaya Farmer Card in Helping the Provision of Fertilizer for Farmers in North Lampung

2024-05-02T23:57:47+00:00

The successful farmer card program was initiated by the Lampung Regional Government. One of the successful farmer card programs is to streamline the distribution of subsidized fertilizer with the aim that only small farmers are the targets of this subsidy/assistance. The business fields that have a major influence on the economic structure of Lampung Province are Agriculture, Forestry, and Fisheries; as well as the Processing Industry. This research was carried out at the Plentis Tani Kiosk and Integrated Kiosk in Mersi, which is located at Jl. Senopati No. 78 Arcawinangun, Semuli Jaya, North Lampung Regency. The results of the research show that there is a difference in the effectiveness of the distribution of subsidized fertilizer using Tani Berjaya cards and the effectiveness of the distribution of subsidized fertilizer without Tani Berjaya cards. The distribution of subsidized fertilizer using the farmer card pattern based on the six right principles is quite effective. In detail, the effectiveness of distribution of subsidized fertilizer using the farmer card pattern in terms of right price, right place, right time, right quality, and right type is classified as ineffective. The distribution of subsidized fertilizer using the Berjaya Farmer Card pattern, in terms of the exact amount, is classified as ineffective.

The effect of environmental quality on health expenditure in some selected sub Sahara Africa countries

2024-05-02T23:57:30+00:00

This research aims to examine the effect of environmental quality on health expenditure in sub-Saharan African nations. Data from 41 some select nations in sub-Saharan Africa from 1996 to 2020 was collected from the World Development Indicators (WDI). The statistical results are calculated using the Pool Mean Group (PMG) method. The study findings revealed that greenhouse gases have a negative and insignificant relationship with health expenditure in the short run. This implies that in the short run, there is favorable environmental quality as a result of low atmospheric pollution, resulting in low environmental related diseases such as respiratory tract infection and cardiovascular disease infection, thus leading to reduced health expenditure in these selected sub-Saharan African countries. The finding further revealed that greenhouse gases have a direct and significant relationship with health expenditure in the long run. This implies that an increase in these gases, carbon dioxide, nitrogen dioxide, and ambient PM_2.5, reduces the quality of the environment, which results in an increase in diseases such as respiratory tract infection and cardiovascular disease infection, thus increasing health expenditure by 0.12 units and the result was statistically significant at 1% level of significance. This increase in environmental deterioration is a result of these countries' weak trade, environmental, and institutional policies, all of which worsen already-existing problems with healthcare systems. Spending on healthcare is positively correlated with GDP per capita, with a higher GDP per capita resulting in higher healthcare spending both in the short run and the long run. The finding shows a positive relationship among population, industrialisation, and health spending. This is due to the fact that an increase in population and more industrial activities result in illnesses and environmental degradation, leading to an increase in health expenditure in the selected Sub-Saharan African countries, whereas urbanisation has a negative correlation. The co-integrated link between the variables is demonstrated by the one lag error correction term (ECT), whose coefficient of -0.4237 and statistically significant at 1% level of significance indicates a moderate level of convergence to equilibrium. The study therefore, recommends that the sub Africa countries government are recommended to strengthen environmental regulation policies, such as affordable and clean energy consumption as stipulated by sustainable development goals, restricting heavy polluting foreign industries, while encourages industries which uses advanced technology which are ecofriendly, since the most habitat activities are close to the earth, the types pesticides use for agricultural purposes should be control by restricting those are very dangerous to the environment, the level of environmental exploitation in this region should match with the ability of the environment to be able sustained future generation by limiting the amount resources of non-renewable to be exploited and encouraging enforcement of renewable resources such as afforestation by the provision of seedlings to right institutions.