No abstract

Sharing economy is an emerging economic platform believed to bring a major change due to its potential to resolve market inefficiency issues. The concept is presumably related to the Islamic microeconomic concepts, particularly huquq (multi interest) and maslahah (greatest benefit). Therefore, the study aims to determine the demand of sharing-based transportation services in Indonesia and subsequently examine the influence of socio-religious preference (constructed based the aforementioned Islamic consumer values) on such demand. This study uses quantitative approach and collects primary data from 1209 respondents. The data obtained are analyzed by using Factor Analysis and inferential statistics. Preliminary result indicates trust, service quality and tariff as key factors influencing demand for online transportation services. It is also found that there is a different preference between users in religious group and less religious groups. More religious consumers are more concerned about environment compared to the counterpart. However, in other aspects, no significant difference is found between the two groups. Overall, the results of this study are expected to enrich the literature in sharing-based economy studies and become input for sharing-based transportation service providers, government, academics and other related parties.

This study used gravity modelling to examine the impact of religion on international trade in goods and services. The Poisson pseudo-maximum likelihood estimator was used to correct for the presence of heteroscedasticity, and religion-related dummy variables were incorporated to investigate the relationship between religion and trade. The results indicate that religion creates positive institutional and network effects, increasing international trade in goods and services; these effects enhance trade in services more than trade in goods; institutional effects exert a greater tradecreating effect than deliberately designed institutional regimes, but a lesser effect than historically established cultural regimes, such as common language and colonial ties; network effects on trade in services, although less significant than common language and colonial ties, promote trade to nearly the same degree as regional trade agreements and shared legal systems. Religion establishes co-religious networks that positively affect interpersonal trust, thereby reducing institutional distances between countries. This effect is similar to that of trading diaspora.