Article Sidebar

Submitted
December 26, 2022
Accepted
January 15, 2023
Published
January 15, 2023
Download
PDF
Statistic
Read Counter : 277 Download : 143

Downloads

Download data is not yet available.

Main Article Content

Abstract

In early 2020, the COVID-19 virus outbreak spread globally and had a negative impact on the economy. The large-scale social restriction policy implemented by the South Sumatra government to contain the development of the virus has had a negative impact on small industries. This study aims to analyze the impact of COVID-19 on small industries in South Sumatra Province. The data used are primary data from 60 samples of small industries and secondary data sourced from agencies. The analysis technique used is quantitative and qualitative analysis techniques. The results of the Wilcoxon signed test show that the COVID-19 pandemic has caused a decline in profits and labor in small industries in South Sumatra Province. Small industries have felt the negative impact of the presence of COVID-19 but they can still survive and it is easy for their businesses to get back on their feet. For this reason, various policies are needed to develop small industries in South Sumatra Province.

Keywords

COVID-19 impact small industry performance

Article Details

License

Authors who publish with this journal agree to the terms:

Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.

Creative Commons License

Jurnal Ekonomi Pembangunan is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License..

Author Biography

Mukhlis Mukhlis, Department of Economics, Faculty of Economics, Universitas Sriwijaya

Department of Development Economics
How to Cite
Mukhlis, M., Robiani, B., Adnan, N., Hamira, H., & Atiyatna, D. P. (2023). Reviewing the Impact of COVID-19 on the Performance of Small Industries in South Sumatra. Jurnal Ekonomi Pembangunan, 20(2), 225–234. https://doi.org/10.29259/jep.v20i2.19918
Download Citation
Endnote/Zotero/Mendeley (RIS)
BibTeX

References

  1. Baker, S. R., Davis, S. J., Terry, S. J., & Bloom, N. (2020). COVID- Induced Economic Uncertainty. NBER Working Papers, 26983, National Bureau of Economic Research, Inc.
  2. Baker, T., & Judge, K. (2020). How to Help Small Businesses Survive COVID-19. SSRN Working Paper, 620. DOI:10.2139/ssrn.3571460
  3. Balla-elliott, D., Cullen, Z. B., Glaeser, E. L., & Stanton, C. T. (2020). Business Reopening Decisions and Demand Forecasts During The COVID-19 Pandemic. In NBER Working Paper Series, 27363.
  4. Bartik, A. W., Bertrand, M., Cullen, Z. B., Glaeser, E. L., Luca, M., & Stanton, C. T. (2020). How are Small Businesses Adjusting to COVID-19? Early Evidence From A Survey. NBER Working Paper, 26989. DOI 10.3386/w26989
  5. Crick, J. M., & Crick, D. (2020). Coopetition and COVID-19 : Collaborative Business-to-Business Marketing Strategies in a Pandemic Crisis. Industrial Marketing Management, 88(May), 206–213. https://doi.org/10.1016/j.indmarman.2020.05.016
  6. Dhora, S. T., Nairobi, & Taher, A. R. (2022). Specialization and Competitive Advantages of Leading Processing Industry in South Sumatra. Jurnal Ekonomi Pembangunan, 20(1), 53-66. DOI: 10.29259/jep.v20i1.17744
  7. Fairlie, R. (2020). The Impact of COVID-19 on Small Business Owners: Evindence from the First 3 Months After Widespread Social-Distancing Restrictions. Journal of Economics & Management Strategy, 29(9), 727–740, DOI:10.1111/jems.12400
  8. Haryadi, D., Chotim, E. E., & Maspiyati, M. (2016). Tahap Perkembangan Usaha Kecil: Dinamika dan Peta Potensi Pertumbuhan. Bandung: AKATIGA.
  9. Harel, R. (2021). The Impact of COVID-19 on Small Businesses’ Performance and Innovation. Global Business Review, 1-12. https://doi.org/10.1177/09721509211039145
  10. Kawaguchi, K., Kodama, N., & Tanaka, M. (2020). Small Business under the COVID-19 Crisis : Expected Short- and Medium-Run Effects of Anti-Contagion and Economic Policies. Journal of the Japanese and International Economies, 61 (September), 1-13. https://doi.org/10.1016/j.jjie.2021.101138
  11. Kim, S. (1995). Expansion of Markets and the Geographic Distribution of Economic Activities: The Trends in U. S. Regional Manufacturing Structure, 1860-1987. The Quarterly Journal of Economics, 110(4), 881–908. https://doi.org/10.2307/2946643
  12. Krishnamoorthy, K. (2015). Wilcoxon Signed-Rank Test In Handbook of Statistical Distributions with Applications (2nd ed.). New York: Chapman and Hall/CRC https://doi.org/10.1201/9781420011371-34
  13. Kuncoro, M. (2012). Ekonomika Aglomerasi: Dinamika dan Dimensi Spasial (1st ed.). Yogyakarta: UPP AMP YKPN.
  14. Lagoudakis, A., McKendree, M. G. S., Malone, T., and Caputo, V. (2020). Incorporating Producer Opinions into a SWOT. International Food and Agribusiness Management Review, 23 (4), 547-561. DOI: 10.22434/IFAMR2019.0120
  15. Li, D., Lu, Y., & Wu, M. (2012). Industrial Agglomeration and Firm Size: Evidence from China. Regional Science and Urban Economics, 42(1–2), 135–143. https://doi.org/10.1016/j.regsciurbeco.2011.07.003
  16. Mukhlis. (2020). Examining the technical efficiency of small industries: A case study of the crackers industry in South Sumatera, Indonesia. Jurnal Ekonomi Pembangunan, 18(1), 13-20. DOI: https://doi.org/10.29259/jep.v18i1.10847
  17. Mukhlis, Robiani, B., Marwa, T., & Chodijah, R. (2017). Agglomeration of Manufacturing Industrial, Economic Growth, And Interregional Inequality in South Sumatra, Indonesia. International Journal of Economics and Financial Issues, 7(4), 214–224. DOI:10.2139/ssrn.3626058
  18. Papadopoulos, T., Baltas, K. N., & Elisavet, M. (2020). The Use of Digital Technologies by Small and Medium Enterprises During COVID-19 : Implications for Theory and Practice. International Journal of Information Management, 55 (June), 1-4. https://doi.org/10.1016/j.ijinfomgt.2020.102192
  19. Rahmi, Y. & Sumirat, E. (2021). A Study of the Impact of Alma to Profitability During the COVID-19 Pandemic. International Journal of Business, Economics and Law, 24 (3), 54-65.
  20. Shafi, M., Liu, J., & Ren, W. (2020). Impact of COVID-19 Pandemic on Micro, Small, and Medium-Sized Enterprises Operating in Pakistan. Research in Globalization, 2 (December), 1-14. https://doi.org/10.1016/j.resglo.2020.100018
  21. Shen, H., Fu, M., Pan, H., Yu, Z., & Chen, Y. (2020). The Impact of the COVID-19 Pandemic on Firm Performance. Emerging Markets Finance and Trade, 56 (10), 2213-2230, DOI: 10.1080/1540496X.2020.1785863
  22. Statistics of South Sumatra Province. (2019). South Sumtra Province in Figures 2019. Badan Pusat Statistik.
  23. Wang, J. & Wang, Z. (2020). Strengths, Weaknesses, Opportunities and Threats (SWOT) Analysis of China’s Prevention and Control Strategy for the COVID-19 Epidemic. International Journal of Environmental Research and Public Health, 17 (7), 1-17. DOI:10.3390/ijerph17072235

Most read articles by the same author(s)

1 2 > >> 

Similar Articles

<< < 1 2 3 4 5 > >> 

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