Journal of Sustainable Economics https://talenta.usu.ac.id/jse <p><strong>Journal of Sustainable Economics (JSE) </strong>is a peer-reviewed publication of original research works. The mission of the journal is to offer a medium to exchange ideas and information about the advancement of knowledge and research in disiplines of <em>economics</em> and <em>econometrics</em> from the following subject area such as <em>microeconomics, macroeconomics, developing economics, finance and banking, islamic economics and public economics</em>. The journal also receives systematic reviews, meta-analysis and review article on new issues in pharmaceutical and clinical sciences. Submission to this journal implies that the manuscript has not been published or under consideration to be published in another journal. At the initial stage, this journal will be published online twice a year. Each publication contains 5 (five) research articles which will be published online. These articles are indexed by <a href="https://garuda.kemdikbud.go.id/journal/view/33829">Indonesian Publication Index (Garuda Portal)</a>, <a href="https://scholar.google.com/citations?hl=id&amp;user=i635du8AAAAJ">Google Scholar</a> and <a href="https://journals.indexcopernicus.com/search/details?id=129526">Copernicus</a>. This journal is open access and published by TALENTA Publisher which organized by Study Program of Development Economics, Study Program of Magister Economics and Study Program of Doctor Economics, Faculty of Economics and Business, Universitas Sumatera Utara, Medan, Indonesia.</p> en-US wahyu@usu.ac.id (Wahyu Ario Pratomo) wahyusugeng@usu.ac.id (Wahyu Sugeng Imam Soeparno) Fri, 31 May 2024 00:00:00 +0700 OJS 3.2.0.2 http://blogs.law.harvard.edu/tech/rss 60 Carbon Emissions In Indonesia Viewed From Tourism Aspects https://talenta.usu.ac.id/jse/article/view/15627 <p>The purpose of this study is to see the effects of the tourism sector on the number of carbon emissions in Indonesia. The importance of the tourist industry in Indonesia is growing in parallel with its growth and economic contribution, but It is undeniable that all economic activity, including tourism, has an impact on environmental change, particularly the rise in carbon dioxide emissions. Therefore, testing was carried out using the Autoregressive Distributed Lag (ARDL) method to see the long-term and short-term relationships between the independent variables to the dependent variable. The variables used in this study are CO<sub>2</sub> emission values, tourist arrivals, tourism contribution to GDP and foreign direct investment. For long-term analysis, FDI has no effect on carbon emissions in Indonesia, tourist arrivals have a positive and significant effect on alpha 1%, while the contribution of tourism to GDP has a negative and significant effect on alpha 5% on carbon emissions. In the short-term the CO<sub>2</sub> variable from the previous period has a significant positive effect on current CO<sub>2</sub>, current tourist arrivals have a significant negative effect on current CO<sub>2</sub> (10% error rate) and the Tourism Contribution of the previous two periods has a significant negative effect on the 5% error rate to the number of carbon emissions in Indonesia.</p> Monika Andrasari, Sirojuzilam Hasyim, Ahmad Albar Tanjung, M. Syafii, Irsad Lubis Copyright (c) 2024 Journal of Sustainable Economics https://creativecommons.org/licenses/by-sa/4.0 https://talenta.usu.ac.id/jse/article/view/15627 Fri, 31 May 2024 00:00:00 +0700 From Emissions to Economy: Company Characteristics and Carbon Disclosure in Southeast Asia https://talenta.usu.ac.id/jse/article/view/16440 <p>This study investigates the relationship between company characteristics, carbon emission disclosure, and economic consequences in five ASEAN countries. By utilizing data from 2008 to 2017, the research focuses on non-financial companies, selected due to their prominence as the highest carbon-emitting nations in the ASEAN region. Results reveal that profitability positively influences carbon emission disclosure, while leverage exhibits no significant effect. Additionally, company size positively impacts carbon emission disclosure, whereas sales growth demonstrates a negative effect. Furthermore, carbon emission disclosure positively affects economic consequence variables. These findings offer practical implications for practitioners and investors, emphasizing the importance of considering carbon emission disclosure in investment decisions.</p> Ari Warokka, Manuel Monjas Barroso, Aina Zatil Aqmar Copyright (c) 2024 Journal of Sustainable Economics https://creativecommons.org/licenses/by-sa/4.0 https://talenta.usu.ac.id/jse/article/view/16440 Fri, 31 May 2024 00:00:00 +0700 Tiktok and Beauty in the Age of Gen Z: A Baudrillard’s Economic Sociological Analysis https://talenta.usu.ac.id/jse/article/view/16296 <p>Through influencers and E-WoM, TikTok creates a favourable environment for users in adapting and trying new things, both in terms of consuming products and marketing products. Through Baudrillard's theory, it can be seen that Gen Z’s consumption culture is influenced by their self-representation on social media.</p> <p>The background of this research lies in a shift in the paradigm of beauty consumption in the era of Generation Z. TikTok users quickly promoted and adopted a variety of beauty trends, creating a foundation for understanding the symbolic meaning created by the Gen Z’s consumption culture. The theory used is Jean Baudrillard's theory of consumer society. In this theory, consumer society no longer consume objects based on exchange values or usage values, but because of symbolic values which are abstract and constructed in nature.</p> <p>This article uses a literary study research method that involves searching and critically analysing relevant literature related to the title of the article.</p> <p>This study aims to explain Gen Z’S consumption culture on Tiktok’s beauty trend through Baudrillard's sociological economic perspective. Therefore, this article not only explains the beauty trends that are emerging in TikTok, but also opens up a discussion about how tikTok contributes to the formation of Gen Z’S identity and consumption culture.</p> Rahma Hayati Harahap, Rowiyah Asengbaramae, Nadia Aulia Karindra Copyright (c) 2024 Journal of Sustainable Economics https://creativecommons.org/licenses/by-sa/4.0 https://talenta.usu.ac.id/jse/article/view/16296 Fri, 31 May 2024 00:00:00 +0700 Moslem Intention to Use Sharia Peer to Peer Lending: A Case in Indonesia using Technology Acceptance Model (TAM) https://talenta.usu.ac.id/jse/article/view/16590 <p>Rapid technological developments have an impact on the growth of the digital economy, one of which is the Financial Technology (fintech) sector. One of the fintechs that is developing in the society is fintech peer to peer lending. Currently, sharia-based fintech peer to peer lending is also present as an alternative solution for people who want to fund and apply for sharia-based financing. To see the development of sharia peer to peer lending, the researcher conducted this research with the aim of analyzing the factors that influence the interest of the Indonesian people in using digital technology services, namely sharia peer to peer lending using the Technology Acceptance Model (TAM). The research method used is quantitative research using primary data, namely through distributing questionnaires to 100 respondents, both those who have used sharia peer to peer lending or have never used it. The variables used in this study were adopted from the Technology Acceptance Model (TAM), namely trust, ease of usefulness, risk and sharia compliance. The conclusion of this study shows that all variables do not have a positive influence on interest in using sharia peer to peer lending.</p> Putri Oktavia Rusadi, Nur Azifah, Aam Slamet Rusydiana Copyright (c) 2024 Journal of Sustainable Economics https://creativecommons.org/licenses/by-sa/4.0 https://talenta.usu.ac.id/jse/article/view/16590 Fri, 31 May 2024 00:00:00 +0700 Mapping Sustainable Development Goals and Constitutional Rules: Looking from Human Rights Approach in Malaysia https://talenta.usu.ac.id/jse/article/view/16663 <p>The 2015 Sustainable Development Goals (SDGs) provide the UN with a roadmap for development until 2030. The goals would also be subjected to the national agenda. The study explored the associated legal and normative implications of SDGs.&nbsp; The 17 goals and 169 targets of the SDGs covered crucial areas of poverty reduction, climate change, clean water, and access to justice. Combining both thematic and goal-specific analysis, the study establishes the relevance not just of international law, but also of a broader range of normative frameworks including constitutional norms, domestic regulatory law, and human rights. Connecting the SDGs to wider debates in constitutional economics and sustainable development, this study ultimately demonstrates that law has an important constitutive and instrumental role to play in both implementation and analysis. The method used is based on the review of the constitutional provision in Malaysia and major international agreements on sustainable development which are linked to human rights. This relationship will prove invaluable for scholars in the field of sustainable development. Its insightful observations will also provide food for thought for both related international organizations and national government officials.</p> Abdul Gafar Ismail, Ruzian Markom, Nur Hannani Abdul Ghafar Copyright (c) 2024 Journal of Sustainable Economics https://creativecommons.org/licenses/by-sa/4.0 https://talenta.usu.ac.id/jse/article/view/16663 Fri, 31 May 2024 00:00:00 +0700