Effect of the COVID-19 pandemic on micro and small industry revenue in west Sumatra province, Indonesia

This study looks into how the COVID-19 pandemic has affected the revenue of Indonesia's West Sumatra Province's micro and small industries (MSI). Ordinary least square analysis is used in the study methodology taking into account classical assumption tests for heteroscedasticity and multicollinearity. This research data is in the form of panel data from 2018 to 2020 covering 19 regencies and cities. The results show that the COVID-19 pandemic has had a negative and considerable effect on West Sumatra Province's revenue from MSI. The COVID-19 pandemic has impacted the decline in revenue for MSI. The government should actively provide subsidies and assistance to MSI in West Sumatra Province particularly during COVID-19. Implementing various supportive regulations can further ensure the sustainability of MSI.

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Publication Details

Journal
Humanities and Social Sciences Letters
Published
2024-10-14
DOI
https://doi.org/10.18488/73.v12i4.3929
Primary Topic
SMEs Development and Digital Marketing
Type
article
Field-Weighted Citation Impact
0.00
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article

Effect of the COVID-19 pandemic on micro and small industry revenue in west Sumatra province, Indonesia

Mia Ayu Gusti, Ariusni Ariusni, Akmil Ikhsan, Halkadri Fitra et al.
Humanities and Social Sciences Letters
SMEs Development and Digital Marketing
article

Effect of the COVID-19 pandemic on micro and small industry revenue in west Sumatra province, Indonesia

Mia Ayu Gusti, Ariusni Ariusni, Akmil Ikhsan, Halkadri Fitra, Alpon Satrianto
article en

Abstract

This study looks into how the COVID-19 pandemic has affected the revenue of Indonesia's West Sumatra Province's micro and small industries (MSI). Ordinary least square analysis is used in the study methodology taking into account classical assumption tests for heteroscedasticity and multicollinearity. This research data is in the form of panel data from 2018 to 2020 covering 19 regencies and cities. The results show that the COVID-19 pandemic has had a negative and considerable effect on West Sumatra Province's revenue from MSI. The COVID-19 pandemic has impacted the decline in revenue for MSI. The government should actively provide subsidies and assistance to MSI in West Sumatra Province particularly during COVID-19. Implementing various supportive regulations can further ensure the sustainability of MSI.

Humanities and Social Sciences LettersVol. 12(4)
State University of Padang (ID)
Openalex Percentile: Top 65%
SMEs Development and Digital Marketing
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Effect of the COVID-19 pandemic on micro and small industry revenue in west Sumatra province, Indonesia — Mia Ayu Gusti, Ariusni Ariusni, et al. · Humanities and Social Sciences Letters (2024) | TGRS Research Map | TGRS