Equity: Jurnal Ekonomi https://mail.equity.ubb.ac.id/index.php/equity Equity: Jurnal Ekonomi [p-ISSN 1978-3795, e-ISSN 2721-6721] is double-blind peer-reviewed, open access, a scientific journal that contains the results of theoretical research and studies on economic and development issues. The issue is related to: literature review, modeling results in economics, finance, monetary, fiscal, regional, islamic economics, human resources, nature resources and other economic issues. Managed by Department of Economics, Faculty of Economics, Universitas Bangka Belitung. Universitas Bangka Belitung en-US Equity: Jurnal Ekonomi 1978-3795 <hr> <p>Authors who publish journals in <strong>Equity: Jurnal Ekonomi </strong>agrees with the following conditions:</p> <p>1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a&nbsp;<a title="Creative Commons Attribution 4.0 International License" href="http://creativecommons.org/licenses/by/4.0/" target="_blank" rel="noopener">Creative Commons Attribution 4.0 International License</a>.</p> <p>2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.</p> <p>3. Every publication (printed/electronic) are open access for educational purposes, research, and library. Other than the aims mentioned above, the editorial board is not responsible for copyright violation.</p> Explorating Potencial Investment in Pangkalpinang https://mail.equity.ubb.ac.id/index.php/equity/article/view/242 <p>Pangkalpinang city has abundant natural resource potential and has promising investment potential for investors. The Pangkalpinang city government supports investment through policies that are pro-business and ease of doing business. With the potential for abundant natural resources such as tin, as well as the marine, fisheries and tourism industries, it is hoped that they will be able to support the sustainable economic growth of Pangkalpinang city. This research aims to determine the leading sectors that have investment potential in Pangkalpinang city. This research was conducted in the city of Pangkalpinang. The data source in this research uses secondary data in the form of a time series from the Gross Regional Domestic Product (GRDP) of Pangkalpinang city for 2018-2022. The analytical tools used in this research are: 1). Location Quotient (LQ) analysis is used to determine the base and non-base sectors in the economy of Pangkalpinang city 2). Shift Share analysis is used to determine changes and shifts in the economic structure of Pangkalpinang city. The results of this research show that there are 4 non-based sectors and 13 basic sectors based on LQ analysis and based on shift share analysis, there are 11 industries that have excellent location advantages or grow faster than the same industry elsewhere. This makes the city of Pangkalpinang a city worthy of being an investment destination.</p> Reniati Reniati Zikri Rahmani Nurwasya Nurwasya Ria Atlantika ##submission.copyrightStatement## http://creativecommons.org/licenses/by/4.0 2024-06-10 2024-06-10 12 1 1 11 10.33019/equity.v12i1.242 Savings Growth, Loan Growth, Customer Growth, Non-Performing Loans, and Capital Adequacy Ratio on Profitability https://mail.equity.ubb.ac.id/index.php/equity/article/view/246 <p>This research intends to analyze the connection between savings growth, loan growth, customer growth, non-performing loans, and the capital adequacy ratio on profitability. The study was conducted on Village Credit Institutions (LPD) in Denpasar city during the period 2021-2022. The sample was selected using purposive sampling, resulting in a total sample of 34 LPDs (Village Credit Institutions) and 68 observations. The data obtained were analyzed using multiple linear regression analysis. The test results prove that growth in savings has a negative impact with profitability, while growth in loans and capital adequacy ratio have a positive affect with profitability. On the other hand, growth in customers and non-performing loan do not affect profitability. It is suggested to add other variables such as BOPO (Operating Expenses to Operating Income), LDR (Loans to Deposit Ratio), or asset growth.</p> Ni Luh Putu Widhiastuti I Gusti Agung Arista Pradnyani ##submission.copyrightStatement## http://creativecommons.org/licenses/by/4.0 2024-06-10 2024-06-10 12 1 20 30 10.33019/equity.v12i1.246 The Influence of Gross Regional Domestic Product (GDP) and Interest Rates on Investment in West Java Province https://mail.equity.ubb.ac.id/index.php/equity/article/view/239 <p>Economic growth is significant for every country, where economic growth indicates the success of a country's development. One of Indonesia's efforts to encourage economic growth is by growing the investment sector. Investment is a component that influences the level of aggregate expenditure and is one of the important and main factors in economic development which many economic experts have recognized, according to him there is no development without investment. This research intends to analyze the influence of Gross Regional Domestic Product (GRDP) and interest rates on investment in West Java Province. The data used in this research is secondary data obtained from the Central Statistics Agency (BPS) during 2015-2022 in a time series format. The research method uses a quantitative approach. The data analysis technique was carried out using multiple linear regression in SPSS. The research results show that Gross Regional Domestic Product (GRDP) has a positive and significant influence on investment in West Java Province. Meanwhile, interest rates do not affect investment in West Java Province.</p> Aep Syaeful Millah Ayus Ahmad Yusuf ##submission.copyrightStatement## http://creativecommons.org/licenses/by/4.0 2024-06-10 2024-06-10 12 1 31 38 10.33019/equity.v12i1.239 Implementation of the Triple Helix Model in Increasing Economic Opportunities for Waste Management in Pangkalpinang City https://mail.equity.ubb.ac.id/index.php/equity/article/view/258 <p>This research reviews waste management problems in Pangkalpinang City, Indonesia, which is facing increasing waste volumes and suboptimal management. In an effort to overcome this problem, research uses a collaborative Triple Helix Model approach involving government, industry and universities. By combining the resources and competencies of these three parties, the research aims to develop a more effective and sustainable waste management model in Pangkalpinang. Through analysis of involvement and collaboration between government, industry and universities, this research explores the potential of the Triple Helix approach in overcoming waste management problems in the city. The research results show that the implementation of the Triple Helix Model has had a positive impact on waste management in Pangkalpinang City with various programs and initiatives that have been implemented. Recommendations for waste recycling programs are prioritized as an effective solution in maintaining environmental sustainability and creating new economic opportunities. However, there are still challenges such as lack of public awareness, limited resources, and technical obstacles that need to be overcome. By continuing effective collaboration between government, industry, academics and the community, it is hoped that waste management can continue to be improved and support sustainable development in Pangkalpinang City.</p> Edih Mulyadi Devi Valeriani Eka Fitriyanti ##submission.copyrightStatement## http://creativecommons.org/licenses/by/4.0 2024-06-12 2024-06-12 12 1 39 47 10.33019/equity.v12i1.258 Job Satisfaction Mediates Improved Employee Performance: Contribution of Organizational Commitment and Organizational Culture https://mail.equity.ubb.ac.id/index.php/equity/article/view/217 <p>This research was conducted at PT. Tasma Puja Sei Kuamang Kampa. The purpose of this research is to determine the influence of organizational commitment and organizational culture on employee performance which is mediated by job satisfaction at PT. Tasma Puja Sei Kuamang Kampa. The sampling method in this research is based on Gpower. The number of samples used was 99 employees. The data used is primary data and secondary data, the quantitative data analysis method uses the Smart PLS4 analysis technique. The research results show that organizational culture has a significant effect on job satisfaction and employee performance. However, organizational commitment has no effect on employee job satisfaction and employee performance. Interestingly, organizational commitment and organizational culture have a significant effect on employee performance and are mediated by employee job satisfaction at PT. Tasma Puja Sei Kuamang Kampa was 68.6%. The remaining 31.4% are variables not examined in this study.</p> Qomariah Lahamid Miranda Putri Nurlasera Nurlasera ##submission.copyrightStatement## http://creativecommons.org/licenses/by/4.0 2024-06-18 2024-06-18 12 1 48 57 10.33019/equity.v12i1.217 The Effect of HDI and Unemployment Rate on Poverty in the Riau Islands https://mail.equity.ubb.ac.id/index.php/equity/article/view/308 <p>Poverty in the Riau Islands Province will be studied from 2018 to 2023 with a focus on how it affects HDI and unemployment rates. We analyzed secondary data obtained by the Central Statistics Agency (BPS) using quantitative methods in this research which uses a documentation approach. Random Effect Model (REM) was selected as the best estimation model after a series of panel data tests, including Chow, Hausman, and Legrange Multiplier tests. Unemployment has a significant and positive effect on poverty according to this research (coefficient = 3971.224). This means there is an increase of 39% in the underprivileged population for every 1% increase in the unemployment rate. There is a positive and statistically significant correlation between HDI and poverty (r=2086.092), which shows that a 1% increase in HDI means an increase in poverty of 20%. The findings from this study show increasing employment opportunities and improving the quality of human resources as potential efforts to reduce poverty in the Riau Islands Province.</p> Azhar Suganda Novi Ramadhini Putri Nabila Harahap Eko Wahyu Nugrahadi Grace Gultom ##submission.copyrightStatement## http://creativecommons.org/licenses/by/4.0 2024-06-25 2024-06-25 12 1 58 65 10.33019/equity.v12i1.308 The Potential of Indonesia's Ship Engine Market to Attract Foreign Investors for Domestic Manufacturing https://mail.equity.ubb.ac.id/index.php/equity/article/view/294 <p>Indonesia is a prospective country for everyone to decide on an investment. There are four reasons to strengthen the motivation to invest some capital in the maritime industry sector. Moreover, Indonesia has approximately 342 shipbuilding companies and 127 ship component companies which spread out throughout the nation. However, Indonesia has no engine maker company yet and this is an opportunity for all investors who want to establish their own engine company or a branch in this country. The biggest opportunity is in the fishery sector with a growing number of fishing vessels and the Indonesian marine fishery production potential as the largest archipelagic country is still increasing. Furthermore, other opportunities are passenger ships, cargo ships, and tug boats because they have a significant number in the nation. In addition, Indonesia also gives several incentives to new investors, like a tax allowance, a super tax deduction, and an import duty facility. Ultimately, the prospect has been considered to involve responsibilities among shipowners, shipyards, main engine manufacturers, and the government.</p> Andi Komara Kevin Theodore Putra Iroth Sungkono Sungkono John Samuel Saragih Sarifah Ulfa Sahubawa Maulina Dwiwanti ##submission.copyrightStatement## http://creativecommons.org/licenses/by/4.0 2024-06-26 2024-06-26 12 1 66 82 10.33019/equity.v12i1.294 Food And Beverage Industry Sector Linkages In Indonesia https://mail.equity.ubb.ac.id/index.php/equity/article/view/284 <p>The food and beverage industry in Indonesia is growing rapidly at the moment. Indeed, Indonesia is currently undergoing an economic transformation towards industrialization and services. Therefore, one of the factors that can support the acceleration of industrialization in Indonesia is to look at the linkages between the food and beverage industry sector, which makes the largest contribution to the manufacturing sector, and other industrial sectors. This study examines the linkages between the food and beverage industry and other manufacturing sectors, as well as the resulting income multipliers. The data used in this study is Indonesia's 2021 input-output data obtained from BPS. The analysis techniques used are descriptive analysis, linkage analysis, and multiplier analysis. The results showed that the food and beverage industry sector contributed 23.15% of the gross value added of the manufacturing industry. The IFL value of 1.1703 and the IBL value of 1.2092 indicate that the food and beverage industry has strong linkages with the downstream and upstream sectors. When multipliers, specifically income, are considered, each demand for the food and beverage industry of 1 rupiah, results in a total increase in income in the sector of Rp 345,911,027.</p> Junifer Tamin Bernadette Robiani M Teguh Mukhlis Mukhlis ##submission.copyrightStatement## http://creativecommons.org/licenses/by/4.0 2024-07-01 2024-07-01 12 1 83 94 10.33019/equity.v12i1.284 Identifying Simultaneous Equation Modelling for the Digital Competitiveness Index (IDSD) and Foreign Direct Investment (FDI) in their Influence on Economic Digitalization https://mail.equity.ubb.ac.id/index.php/equity/article/view/310 <p>Technological advances are causing rapid and comprehensive changes, especially in the digital economy sector. The strength of a society's digital competitiveness is an important asset to support the growth of the national digital economy and attract foreign direct investment. This study aims to identify the simultaneous relationship between the Digital Competitiveness Index (IDSD) and Foreign Direct Investment (FDI). The method used is Two Stage Least Squares (2SLS) to overcome endogeneity problems in existing regression models, using STATA 17 software for calculations. The data analyzed are panel data from 34 provinces in Indonesia for 4 years (2020, 2021, 2022, and 2023). The analysis shows that in the FDI model, IDSD, GRDP growth rate, and non-oil and gas exports have a significant effect on FDI. However, in the IDSD model, FDI has no significant effect on IDSD, while fintech lending and ICT capability of the community have a significant effect on IDSD. Based on the results, there is no simultaneous relationship between FDI and IDSD.</p> Nurul Hana Ralditiya Rifki Januar Haifa Kinanti ##submission.copyrightStatement## http://creativecommons.org/licenses/by/4.0 2024-07-01 2024-07-01 12 1 95 105 10.33019/equity.v12i1.310 Currency Evolution: A Comparative Study Between Central Bank Digital Currencies And Physical Currencies In Modern Monetary Systems https://mail.equity.ubb.ac.id/index.php/equity/article/view/318 <p>Technology and innovation are the keys used to unlock the impossible imagination to become possible to achieve the unforeseen goals of individuals and organizations. This study focuses on the role of an unprecedented phenomenon called central bank digital currency (CBDC) over physical currency. This study uses a descriptive research method with a quantitative approach. This study is a literature review study aimed at describing the phenomenon. This study assesses the role of CBDC based on three parameters such as features, perceived benefits and challenges of CBDC and Physical Currency. It also reveals that CBDC can replace the use of physical currency only depending on how people, businesses perceive the features, benefits (better allocation, accessibility, interest bearing, convertibility and reduced costs) and possible challenges (opposite of benefits) associated with CBDC compared to its counterpart.</p> Indah Noviyanti Ary Fakturrachman Aryansyah Iza Guspian Novita Herlissha ##submission.copyrightStatement## http://creativecommons.org/licenses/by/4.0 2024-07-05 2024-07-05 12 1 106 117 10.33019/equity.v12i1.318 Analysis of Distribution and Consumption Patterns in Pangkalpinang City https://mail.equity.ubb.ac.id/index.php/equity/article/view/312 <p>The food industry not only fulfils basic human needs for survival, but is also one of the vital economic sectors for a region. It creates jobs, from farmers to distributors, and drives various related industries such as packaging and transportation. Furthermore, the export of food products can be a significant source of foreign exchange. Thus, the healthy and sustainable development of the food industry not only ensures the food security of the community, but also contributes to economic growth and overall regional welfare. The purpose of this study is to analyze distribution and consumption patterns in Pangkalpinang City, using analysis of market structure detection, and analysis of trade and transport margins. The data from this study uses primary data, the results show that the distribution pattern of cooking oil and chicken eggs has the longest path and the pattern of consumption of food commodities contributing to the highest deflation is rice</p> Suhaidar Suhaidar M. Afdal Samsuddin Nurwasya Nurwasya Ria Atlantika ##submission.copyrightStatement## http://creativecommons.org/licenses/by/4.0 2024-07-05 2024-07-05 12 1 118 132 10.33019/equity.v12i1.312