KnE Social Sciences
ISSN: 2518-668X
The latest conference proceedings on humanities, arts and social sciences.
Determinant Income of Merchants in Magelang City During the COVID-19 Pandemic
Published date: Jun 20 2022
Journal Title: KnE Social Sciences
Issue title: The 3rd International Conference on Intellectuals’ Global Responsibility (ICIGR) 2021
Pages: 167-182
Authors:
Abstract:
The COVID-19 pandemic has affected many businesses around the world, including the merchants in Magelang City, Indonesia. This study explores the impact of the pandemic on merchants’ revenue in Magelang City in 2021. The dependent variable used in this study was merchants’ income in Magelang City, while the independent variables were capital, the amount of labor, the length of the establishment of the business, the COVID-19 pandemic, and the number of visitors/buyers. The data used in this study are the primary data obtained from interviews with 63 merchants from three sub-districts of Magelang City. Data were collected between June 26, 2021, and August 5, 2021, and compared using paired sample t-tests. While the variables capital, labor, business length, and visitors/buyers had a significantly positive effect on merchants’ income in Magelang City in 2021, the COVID-19 variable had a significantly adverse effect.
Keywords: merchants revenue, determinant income, COVID-19 pandemic
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