BMT AS AN AGENT OF ECONOMIC TRANSFORMATION: A RANDOM EFFECTS ANALYSIS IN FORMER RED-LIGHT AREAS OF SURABAYA
This study aims to analyze the impact of the prostitution localization shutdown on the development of micro and small enterprises (MSEs) in Surabaya, focusing on policy interventions and the interaction with community-based microfinance institutions (BMTs). A quantitative method is employed using a...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | Indonesian |
| Published: |
Fakultas Ekonomi dan Bisnis Islam
2025-06-01
|
| Series: | I-Economics: A Research Journal on Islamic Economics |
| Online Access: | https://jurnal.radenfatah.ac.id/index.php/ieconomics/article/view/27734 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1849236680285880320 |
|---|---|
| author | Muhammad Abdul Rohman |
| author_facet | Muhammad Abdul Rohman |
| author_sort | Muhammad Abdul Rohman |
| collection | DOAJ |
| description | This study aims to analyze the impact of the prostitution localization shutdown on the development of micro and small enterprises (MSEs) in Surabaya, focusing on policy interventions and the interaction with community-based microfinance institutions (BMTs). A quantitative method is employed using a random effect panel data regression on 154 urban villages from 2011 to 2021. The results reveal that the shutdown significantly reduced the number of MSEs, particularly in the food-beverage and textile sectors. However, the negative impact is substantially reversed when combined with BMT support. Social factors such as social capital and infrastructure access are also found to influence MSE dynamics. These findings highlight that localization shutdown policies should be followed by inclusive, community-based economic recovery strategies to mitigate the socioeconomic disruptions triggered by such closures. |
| format | Article |
| id | doaj-art-d1f5c9302c4e488d8f22042bf8df0f9b |
| institution | Kabale University |
| issn | 2548-5601 2548-561X |
| language | Indonesian |
| publishDate | 2025-06-01 |
| publisher | Fakultas Ekonomi dan Bisnis Islam |
| record_format | Article |
| series | I-Economics: A Research Journal on Islamic Economics |
| spelling | doaj-art-d1f5c9302c4e488d8f22042bf8df0f9b2025-08-20T04:02:09ZindFakultas Ekonomi dan Bisnis IslamI-Economics: A Research Journal on Islamic Economics2548-56012548-561X2025-06-01111566710.19109/ieconomics.v11i1.2773424867BMT AS AN AGENT OF ECONOMIC TRANSFORMATION: A RANDOM EFFECTS ANALYSIS IN FORMER RED-LIGHT AREAS OF SURABAYAMuhammad Abdul Rohman0Universitas Indonesia, Depok, IndonesiaThis study aims to analyze the impact of the prostitution localization shutdown on the development of micro and small enterprises (MSEs) in Surabaya, focusing on policy interventions and the interaction with community-based microfinance institutions (BMTs). A quantitative method is employed using a random effect panel data regression on 154 urban villages from 2011 to 2021. The results reveal that the shutdown significantly reduced the number of MSEs, particularly in the food-beverage and textile sectors. However, the negative impact is substantially reversed when combined with BMT support. Social factors such as social capital and infrastructure access are also found to influence MSE dynamics. These findings highlight that localization shutdown policies should be followed by inclusive, community-based economic recovery strategies to mitigate the socioeconomic disruptions triggered by such closures.https://jurnal.radenfatah.ac.id/index.php/ieconomics/article/view/27734 |
| spellingShingle | Muhammad Abdul Rohman BMT AS AN AGENT OF ECONOMIC TRANSFORMATION: A RANDOM EFFECTS ANALYSIS IN FORMER RED-LIGHT AREAS OF SURABAYA I-Economics: A Research Journal on Islamic Economics |
| title | BMT AS AN AGENT OF ECONOMIC TRANSFORMATION: A RANDOM EFFECTS ANALYSIS IN FORMER RED-LIGHT AREAS OF SURABAYA |
| title_full | BMT AS AN AGENT OF ECONOMIC TRANSFORMATION: A RANDOM EFFECTS ANALYSIS IN FORMER RED-LIGHT AREAS OF SURABAYA |
| title_fullStr | BMT AS AN AGENT OF ECONOMIC TRANSFORMATION: A RANDOM EFFECTS ANALYSIS IN FORMER RED-LIGHT AREAS OF SURABAYA |
| title_full_unstemmed | BMT AS AN AGENT OF ECONOMIC TRANSFORMATION: A RANDOM EFFECTS ANALYSIS IN FORMER RED-LIGHT AREAS OF SURABAYA |
| title_short | BMT AS AN AGENT OF ECONOMIC TRANSFORMATION: A RANDOM EFFECTS ANALYSIS IN FORMER RED-LIGHT AREAS OF SURABAYA |
| title_sort | bmt as an agent of economic transformation a random effects analysis in former red light areas of surabaya |
| url | https://jurnal.radenfatah.ac.id/index.php/ieconomics/article/view/27734 |
| work_keys_str_mv | AT muhammadabdulrohman bmtasanagentofeconomictransformationarandomeffectsanalysisinformerredlightareasofsurabaya |