DETERMINANTS OF CHANGES IN THE INCOME LEVEL OF MSME ACTORS IN PAHLAWAN VILLAGE, BATUBARA DISTRICT

Authors

  • Rahmad Sembiring Panca Budi Development University Medan
  • Uswatun Hasanah Panca Budi Development University Medan
  • Anggia Ramadhan Panca Budi Development University Medan

DOI:

https://doi.org/10.55606/iceb.v1i2.219

Keywords:

Factor Analysis, CFA (Confirmatory Factor Analysis), Multiple Linear Regression, Revenue, MSME Traders

Abstract

This study aims to analyze how the income of MSME traders during the Covid-19 Pandemic is approximately what factors affect the income of MSME traders. This research was conducted using quantitative research methods using CFA (Confirmatory Factor Analysis) and Multiple Linear Regression.  Data collection techniques in this study were in the form of interviews, questionnaires and documentation, and the data used were primary data. The results of the study using show  that the factors that affect the income of MSME traders, namely the Old Business Factor (X1), Capital (X2), and the Use of Technology (X3) and Income (Y), of these three factors the Old Business Variable does not have a significant effect on the income of MSME traders shown by the Sig. X1 to Y is 0.284 > 0.05 and t count 1.083 < t table 2.006 so it can be concluded that H1 is rejected which means  there is no effect of Business Length  (X1) on MSME Merchant Income (Y  ), furthermore, the Capital Variable has a significant effect on the income of MSME traders which is indicated by the  Sig. X2 to Y is 0.004 < 0.05  and t count 3,051> t table 2,006 so it can be concluded that H2 is accepted which means that there is an influence of Capital (X2) on Income (Y) and also Variables  The use of Technology  has a significant effect on the income of MSME traders as indicated by the  value of Sig. X3 to Income (Y) is 0.029 < 0.05 and t count 2,240 > t table 2.006 so it can be concluded that H3 is accepted which means that there is an effect of Technology Use (X3) on Income (Y). The conclusion is that the Business Duration does not have a significant effect on the income of MSME traders, while capital and the use of technology have a significant effect on the income of MSME traders. Traders should pay more attention to factors that affect income in order to increase the income of MSME traders.

 

 

References

Amilia, S. (2019). The Effect of Location, Price and Facilities on the Decision to Rent a Boarding Room for Students of the Faculty of Economics, Samudra University. Journal of Management and finance, 267-280.

Artiini, N. R. (2019). Analysis of Factors Affecting The Income of MsMEs In Tabanan Regency. Journal of UMNAS Mataram, 13, 71-77.

Barro, R. J. (2020). The Coronavirus and the Great Influenza Pandemic : Lessons from the "Spanish Flu" for the Coronavirus's Potential Effects on Mortality and Economic Activity.

BPS. (2016). Langkat District Statistics Centre, 2016 Economic Census Listing Analysis. Langkat.

Diwayana, Annisa, & Aditya. (2022, January ). Analysis of the Effect of Culinary Business on the Income of Msme Actors in Medan Selayang District. Journal of Economic Studies and Public Policy, Vol. 7 .

Dornbusch, Fischer, & Starz. (2006). Macroeconomics. In D. R, F. S, & S. R, Macroeconomics. Jakarta: PT Media Global Pendidikan.

Ghozali, I. (2005). Multivariate-based application with SPSS.

Gina Nurushohifa, K. K. (2020). Factors Affecting MsME Income during the Covid-19 Pandemic (Case Study of Street Vendors in Bantar Jaya Village, Bogor. Champion Familiar Journal, 5.

Herry Wira Wibawa, H. M. (2021). Analysis of Factors Affecting MSME Income. Journal of Information System, Applied, Management, Accounting and Research., Vol. 5 .

Sembiring, R. (2018). Effect of Fishermen's Exchange Rate (Fishermen's Income, Non-Fisherman's Income, Fishermen's Expenditure, Non-Fisherman's Expenditure) on Community Welfare (Education, Health, Physical Condition of the House) in Pahlawan Village. Journal of The Servants of Science, 10(2), 1836-1843.

Sembiring, R., & Faried, A. I. (2019). Productivity Analysis and Welfare of Salt Farmers in Tanoh Anoe Village, Bireun-Indonesia. IC2RSE2019, 290.

Sembiring, R., & Faried, A. I. Community In The Bireun Regencyfishing Village.

Sembiring, R. (2018). The Impact of Socioeconomic Cultural Change on Poverty and Prosperity in the People of Hero Village. Jepa, 3(1), 75-82.

Sembiring, R., Nasution, L. N., Faried, A. I., & Novalina, A. Determinant of Human Development Index (HDI) Towards Poverty in the Regency/City of North Sumatra Province (Case Study Medan, Binjai, Deli Serdang, Karo, and Pematang Siantar).

Cashmere. (2006). Entrepreneurship. Jakarta: Raja Grafindo Persada.

Ministry of Finance. (2021). Minister of Finance Optimistic that Indonesia's Economy in the Third Quarter of 2021 will grow 4.5 percent. PRESS CONFERENCE OF OUR STATE BUDGET. Jakarta.

Langga, L. (2021, March ). Analysis of Factors Affecting the Income of SMEs in the Kiosk Trading Sector in North Ende District. Scientific journal of the faculty of economics of the university of flores, 11, 68-80.

Nazarite. (2010). Determinant Analysis of Street Vendors' Income in North Aceh Regency. thesis.

Nurlisa, Ismaulina, & Suryani. (2021, January). Factors Affecting Grocery Store Income in North Aceh Regency. Journal of Sharia Economics & Economics, 04 , 428-438.

Nurlisa, S. ,. (2021). Factors Affecting Grocery Store Income in North Aceh Regency. urnal Economics & Sharia Economics, 4, 1.

Princess, & Made. (2017). Effect of Own Capital and Business Location on Income of Micro, Small and Medium Enterprises (MSMEs) in Tabanan Regency (Loan Capital as an Intervening Variable). Journal of Applied Quantitative Economics, Vol. 9 , 142-150.

Princess, F. R. (2020, September ). The Impact of Covid-19 on the Indonesian Economy. Journal of Economics and Business, 4.

Riyan, Desiana, & Doni. (2020). The effect of capital, education and technology levels on the income of MSMEs in purbalingga district. Performance, 305-3013.

Rosmadi, M. L. (2019). Analysis of Factors Supporting the Development of Micro, Small and Medium Enterprises (MSMEs). 41-48.

Setiawan, Y. F. (2020). Analysis of Factors Affecting MSME Income batik center in Pekalongan City. Diponegoro Journal of Economics, 9, 4.

Setiawina, I. G. (2021). Analysis of Factors Affecting The Income of Traditional Warungs Facing Minimarket Competitors in Mengwi District.

Sugiyono. (2015). Quantitative, qualitative and R&D. Research Methods. London: Alfabeta.

Suhartika. (2018). Factors Affecting Traditional Market Broiler Income in Antang Market, Bitoa Village, Manggala District, Makassar City. Thesis.

Sukirno. (2009). Macroeconomics Theory Introduction. PT. KingGrafindopersada.

Sukirno, S. (2006). Development Economics (processes, Problems, and Policy Basis) ( 2 ed.). Jakarta: Kencana Prenada Media Group.

Sukirno, S. (2019). Microeconomics Theory Introduction (3 ed.). Jakarta: Rajawali Pers, 2019.

Suryani, & Hendryadi. (2020). Quantitative Research Methods (Theory and Application in Islamic Management and Economic Research). Jakarta: Prenadamedia Group.

Cape, M. A. (2018). Cooperatives and MSMEs as the Foundation of the Indonesian Economy. Jakarta: Erlangga.

Windri, Ansofino, & Yosi. (2021, May). The Effect of Capital, Production Costs, Number of Workers and Education Level on The Income of Culinary Sector MSMEs in Lubuk Begalung District, Padang City. Journal of the Horizon of Education, Vol. 1 , 367-383.

Yunita, & Fitria. (2021). Analysis of MsME Income During the Covid-19 Pandemic in Sumbawa Regency (Case Study of Sumbawa District). Nusantara Journal of Economics (NJE), 03, 29-37.

Downloads

Published

2022-12-06

How to Cite

Rahmad Sembiring, Uswatun Hasanah, & Anggia Ramadhan. (2022). DETERMINANTS OF CHANGES IN THE INCOME LEVEL OF MSME ACTORS IN PAHLAWAN VILLAGE, BATUBARA DISTRICT. Proceeding of The International Conference on Economics and Business, 1(2), 551–563. https://doi.org/10.55606/iceb.v1i2.219

Similar Articles

1 2 3 4 5 6 7 8 > >> 

You may also start an advanced similarity search for this article.