Pub Date : 2022-10-06DOI: 10.15408/sjie.v11i2.26809
Surahmi Kando, Irwan Trinugroho
This study investigates the effect of the growth of financial technology payment on bank fee-based income by studying conventional banks in Indonesia from 2012 to 2019. We employ Random Effect (RE) to estimate our empirical model. Fintech payment is measured by using the log of volume transactions made by fintech payment firms. Our result shows a negative and significant relationship between fintech payment and bank fee-based income. This result indicating that, in general, fintech payment disrupts banks’ fee based-income. In particular, we find that fintech is a complement for small commercial banks.How to Cite:Kando, S., & Trinugroho, I. (2022). The Impact of Fintech Payment on Bank Fee-Based Income. Signifikan: Jurnal Ilmu Ekonomi, 11(2), 425-436. https://doi.org/10.15408/sjie.v11i2.26809.JEL Classification: G18, G21, G28
{"title":"The Impact of Financial Technology Payment on Bank Fee-Based Income","authors":"Surahmi Kando, Irwan Trinugroho","doi":"10.15408/sjie.v11i2.26809","DOIUrl":"https://doi.org/10.15408/sjie.v11i2.26809","url":null,"abstract":"This study investigates the effect of the growth of financial technology payment on bank fee-based income by studying conventional banks in Indonesia from 2012 to 2019. We employ Random Effect (RE) to estimate our empirical model. Fintech payment is measured by using the log of volume transactions made by fintech payment firms. Our result shows a negative and significant relationship between fintech payment and bank fee-based income. This result indicating that, in general, fintech payment disrupts banks’ fee based-income. In particular, we find that fintech is a complement for small commercial banks.How to Cite:Kando, S., & Trinugroho, I. (2022). The Impact of Fintech Payment on Bank Fee-Based Income. Signifikan: Jurnal Ilmu Ekonomi, 11(2), 425-436. https://doi.org/10.15408/sjie.v11i2.26809.JEL Classification: G18, G21, G28 ","PeriodicalId":266329,"journal":{"name":"Signifikan: Jurnal Ilmu Ekonomi","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121657980","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-14DOI: 10.15408/sjie.v11i1.23334
Abdul Bashir, Liliana Liliana, A. Hidayat, S. Suhel
This study investigates the relationship between air pollution, economicgrowth, and life expectancy in Indonesia. The observation periodduring 1985-2019 used time-series data obtained from the WorldBank. Quantitative approach by applying two main models, namelythe autoregressive distributed lag (ARDL) model by considering theeffect of time-lapse and Granger causality with vector error correctionmethod. Research findings prove that air pollution has a negativeand significant effect on life expectancy in the long run. Economicgrowth has a positive and significant effect on life expectancy. In theshort run, the current life expectancy is positively and significantlyinfluenced by the life expectancy of the previous period. Air pollutionhas a negative and significant effect on life expectancy, and economicgrowth has a negative and significant effect on life expectancy. Anotherfinding in the Granger causality model is a two-way relationshipbetween air pollution and life expectancy. Other evidence exists of atwo-way relationship between economic growth and air pollution. Inaddition, evidence of a unidirectional relationship of economic growthwith life expectancy in the short run. The cointegration equationshows evidence of a long-run relationship between air pollution,economic growth, and life expectancy.
{"title":"The Relationship between Air Pollution, Economic Growth, and Life Expectancy: Empirical Evidence from Indonesia","authors":"Abdul Bashir, Liliana Liliana, A. Hidayat, S. Suhel","doi":"10.15408/sjie.v11i1.23334","DOIUrl":"https://doi.org/10.15408/sjie.v11i1.23334","url":null,"abstract":"This study investigates the relationship between air pollution, economicgrowth, and life expectancy in Indonesia. The observation periodduring 1985-2019 used time-series data obtained from the WorldBank. Quantitative approach by applying two main models, namelythe autoregressive distributed lag (ARDL) model by considering theeffect of time-lapse and Granger causality with vector error correctionmethod. Research findings prove that air pollution has a negativeand significant effect on life expectancy in the long run. Economicgrowth has a positive and significant effect on life expectancy. In theshort run, the current life expectancy is positively and significantlyinfluenced by the life expectancy of the previous period. Air pollutionhas a negative and significant effect on life expectancy, and economicgrowth has a negative and significant effect on life expectancy. Anotherfinding in the Granger causality model is a two-way relationshipbetween air pollution and life expectancy. Other evidence exists of atwo-way relationship between economic growth and air pollution. Inaddition, evidence of a unidirectional relationship of economic growthwith life expectancy in the short run. The cointegration equationshows evidence of a long-run relationship between air pollution,economic growth, and life expectancy.","PeriodicalId":266329,"journal":{"name":"Signifikan: Jurnal Ilmu Ekonomi","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132476371","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-14DOI: 10.15408/sjie.v11i1.22540
Wahyu Prasetyawan
This study intends to understand vote based on economic evaluationat the 2019 presidential election in which Joko Widodo wasincumbent, and Prabowo was the challenger. This paper arguesthat the presidential election in 2019 is a political arena wherethe voters assess the incumbent government’s economic policies, oneof which is redistributive. Redistributive policies are understood asgovernment policies intended to reduce the gap between the rich andpoor people or inequality. This empirical study uses merged data fromBPS, Bappenas, and the KPU. By employing a unique dataset, theoriginality of this study is located on the relevance of redistributivepolicies in political contestation. This study estimates the outcomeof the presidential election using the ordinary least square (OLS)method. It points out that reducing inequality at the district levelinfluenced the presidential election result. This paper stresses thatthe capability of the government to reduce inequality determines theresult of the election.How to Cite:Prasetyawan, W. (2022). Inequality and the 2019 Presidential Election in Indonesia: Beyond Identitiy Politics. Signifikan: Jurnal Ilmu Ekonomi, 11(1), 1-16. https://doi.org/10.15408/sjie.v11i1.22540.
{"title":"Inequality and the 2019 Presidential Election in Indonesia: Beyond Identity Politics","authors":"Wahyu Prasetyawan","doi":"10.15408/sjie.v11i1.22540","DOIUrl":"https://doi.org/10.15408/sjie.v11i1.22540","url":null,"abstract":"This study intends to understand vote based on economic evaluationat the 2019 presidential election in which Joko Widodo wasincumbent, and Prabowo was the challenger. This paper arguesthat the presidential election in 2019 is a political arena wherethe voters assess the incumbent government’s economic policies, oneof which is redistributive. Redistributive policies are understood asgovernment policies intended to reduce the gap between the rich andpoor people or inequality. This empirical study uses merged data fromBPS, Bappenas, and the KPU. By employing a unique dataset, theoriginality of this study is located on the relevance of redistributivepolicies in political contestation. This study estimates the outcomeof the presidential election using the ordinary least square (OLS)method. It points out that reducing inequality at the district levelinfluenced the presidential election result. This paper stresses thatthe capability of the government to reduce inequality determines theresult of the election.How to Cite:Prasetyawan, W. (2022). Inequality and the 2019 Presidential Election in Indonesia: Beyond Identitiy Politics. Signifikan: Jurnal Ilmu Ekonomi, 11(1), 1-16. https://doi.org/10.15408/sjie.v11i1.22540.","PeriodicalId":266329,"journal":{"name":"Signifikan: Jurnal Ilmu Ekonomi","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133678372","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-14DOI: 10.15408/sjie.v11i1.20215
Wahid Achsan, N. Achsani, B. Bandono
The purpose of this paper is to analyze the demographic andbehavioral factors that significantly affect the credit card Non-Performing Loan (NPL). This study is carried out to providemanagerial recommendations for controlling credit card NPL. Thisstudy uses secondary data from Indonesia’s most significant privatebank with 100,000 samples of cardholder data. Demographicfactors and cardholder behavior that significantly influence creditcard NPL can be used to improve the credit scoring system fornew cardholders and as indicators for a behavior scoring system forexisting cardholders. This research uses a probability stratified randomsampling technique. Logistic regression uses demographic factors andcardholder behavior significantly affected credit card NPL. Accordingto the logistic regression model, cardholder behavior was more likelyto NPL than demographic characteristics. The number of credit cardsshowed the highest credit card NPL probability.How to Cite:Achsan, Wahid, Achsani, N. A, & Bandono, Bayu. (2022). The Demographic and Behavior Determinant of Credit Card Default in Indonesia. Signifikan: Jurnal Ilmu Ekonomi, 11(1), 43-56. https://doi.org/10.15408/sjie.v11i1.20215.
本文的目的是分析影响信用卡不良贷款(NPL)的人口因素和行为因素。本研究旨在为控制信用卡不良贷款提供管理建议。本研究使用了印度尼西亚最重要的私人银行的辅助数据，其中包含100,000个持卡人数据样本。影响信用卡不良贷款的人口因素和持卡人行为可用于改进新持卡人的信用评分系统，并作为现有持卡人行为评分系统的指标。本研究采用概率分层随机抽样技术。Logistic回归采用人口统计学因素和持卡人行为显著影响信用卡不良贷款。根据logistic回归模型，持卡人的行为比人口统计学特征更容易导致不良贷款。信用卡数量显示信用卡不良贷款的可能性最高。如何引用:Achsan, Wahid, Achsani, N. A, and Bandono, Bayu。(2022)。印度尼西亚信用卡违约的人口统计学和行为决定因素。意义[j] .经济研究，11(1)，43-56。https://doi.org/10.15408/sjie.v11i1.20215。
{"title":"The Demographic and Behavior Determinant of Credit Card Default in Indonesia","authors":"Wahid Achsan, N. Achsani, B. Bandono","doi":"10.15408/sjie.v11i1.20215","DOIUrl":"https://doi.org/10.15408/sjie.v11i1.20215","url":null,"abstract":"The purpose of this paper is to analyze the demographic andbehavioral factors that significantly affect the credit card Non-Performing Loan (NPL). This study is carried out to providemanagerial recommendations for controlling credit card NPL. Thisstudy uses secondary data from Indonesia’s most significant privatebank with 100,000 samples of cardholder data. Demographicfactors and cardholder behavior that significantly influence creditcard NPL can be used to improve the credit scoring system fornew cardholders and as indicators for a behavior scoring system forexisting cardholders. This research uses a probability stratified randomsampling technique. Logistic regression uses demographic factors andcardholder behavior significantly affected credit card NPL. Accordingto the logistic regression model, cardholder behavior was more likelyto NPL than demographic characteristics. The number of credit cardsshowed the highest credit card NPL probability.How to Cite:Achsan, Wahid, Achsani, N. A, & Bandono, Bayu. (2022). The Demographic and Behavior Determinant of Credit Card Default in Indonesia. Signifikan: Jurnal Ilmu Ekonomi, 11(1), 43-56. https://doi.org/10.15408/sjie.v11i1.20215.","PeriodicalId":266329,"journal":{"name":"Signifikan: Jurnal Ilmu Ekonomi","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129396840","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-14DOI: 10.15408/sjie.v11i1.20576
Ing Mariani Hastuti
Health contributes to increasing productivity in generating qualityhuman resources. Health development aims to attain the highestpublic health degree fairly and equally. Convergence reduces the gapbetween regions and makes development more equitable. One ofthe booming health development indicators is life expectancy. Thegovernment must collaborate across sectors, namely the social andeconomic sectors, to accelerate the convergence process. This studyaims to identify convergence and analyze the determinants of healthdevelopment in North Sumatera Province. To this purpose, panel dataof 33 districts/cities in North Sumatera Province over 2012-2019is investigated using the Generalized Method of Moment (GMM)as dynamic panel data analysis. The results showed that convergencein health development measured by life expectancy occurred inNorth Sumatera Province. The most influential variables in healthdevelopment were socio-economic variables.How to Cite:Hastuti, I. M., Rindayati, W., & Asmara, A. (2022). Convergence and Determinants of Health Development in North Sumatera Province. Signifikan: Jurnal Ilmu Ekonomi, 11(1), 161-174. https://doi.org/10.15408/sjie.v11i1.20576.
{"title":"Convergence and Determinants of Health in North Sumatera Province","authors":"Ing Mariani Hastuti","doi":"10.15408/sjie.v11i1.20576","DOIUrl":"https://doi.org/10.15408/sjie.v11i1.20576","url":null,"abstract":"Health contributes to increasing productivity in generating qualityhuman resources. Health development aims to attain the highestpublic health degree fairly and equally. Convergence reduces the gapbetween regions and makes development more equitable. One ofthe booming health development indicators is life expectancy. Thegovernment must collaborate across sectors, namely the social andeconomic sectors, to accelerate the convergence process. This studyaims to identify convergence and analyze the determinants of healthdevelopment in North Sumatera Province. To this purpose, panel dataof 33 districts/cities in North Sumatera Province over 2012-2019is investigated using the Generalized Method of Moment (GMM)as dynamic panel data analysis. The results showed that convergencein health development measured by life expectancy occurred inNorth Sumatera Province. The most influential variables in healthdevelopment were socio-economic variables.How to Cite:Hastuti, I. M., Rindayati, W., & Asmara, A. (2022). Convergence and Determinants of Health Development in North Sumatera Province. Signifikan: Jurnal Ilmu Ekonomi, 11(1), 161-174. https://doi.org/10.15408/sjie.v11i1.20576.","PeriodicalId":266329,"journal":{"name":"Signifikan: Jurnal Ilmu Ekonomi","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125361093","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-14DOI: 10.15408/sjie.v11i1.13549
Shelby Devianty Widodo, Mohammad Khaerul Azis
Asthma and Acute Respiratory Infections (ARI) is one of the mostchronic respiratory diseases children suffer. According to the GlobalInitiative for Asthma (GINA) in 2018, the prevalence rate ofasthma is between 1-18 percent of the total population in eachcountry. This study aims to analyze the effect of childhood-asthmaand ARI history on educational attainment. We use data fromIndonesia Family Life Survey (IFLS) wave 1993 and 2014. TheOrdinary Least Square (OLS) regression method was used to assessthat effect. The results indicate childhood-asthma and ARI historydo not affect a person’s educational attainment in adulthood.How to Cite:Widodo, Shelby D., & Azis, Muhammad K., (2022). The Effect of Asthma and Acute Respiratory Infections in Childhood On Educational Attainment In Indonesia. Signifikan: Jurnal Ilmu Ekonomi, 11(1), 191-200. https://doi.org/10.15408/sjie.v11i1.13549.
{"title":"The Effect of Asthma and Acute Respiratory Infections in Childhood on Educational Attainment in Indonesia","authors":"Shelby Devianty Widodo, Mohammad Khaerul Azis","doi":"10.15408/sjie.v11i1.13549","DOIUrl":"https://doi.org/10.15408/sjie.v11i1.13549","url":null,"abstract":"Asthma and Acute Respiratory Infections (ARI) is one of the mostchronic respiratory diseases children suffer. According to the GlobalInitiative for Asthma (GINA) in 2018, the prevalence rate ofasthma is between 1-18 percent of the total population in eachcountry. This study aims to analyze the effect of childhood-asthmaand ARI history on educational attainment. We use data fromIndonesia Family Life Survey (IFLS) wave 1993 and 2014. TheOrdinary Least Square (OLS) regression method was used to assessthat effect. The results indicate childhood-asthma and ARI historydo not affect a person’s educational attainment in adulthood.How to Cite:Widodo, Shelby D., & Azis, Muhammad K., (2022). The Effect of Asthma and Acute Respiratory Infections in Childhood On Educational Attainment In Indonesia. Signifikan: Jurnal Ilmu Ekonomi, 11(1), 191-200. https://doi.org/10.15408/sjie.v11i1.13549.","PeriodicalId":266329,"journal":{"name":"Signifikan: Jurnal Ilmu Ekonomi","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123816445","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-14DOI: 10.15408/sjie.v11i1.18408
D. Nauly
Presidential Regulation (Perpres) No 44/2016 states that in thevegetable and animal crude oil industry, copra industry, coconutoil industry, palm oil industry, foreign ownership is limited at amaximum of 95 percent. These industries are included in the edibleoil, vegetable and animal fats industry (ISIC 104). This studyanalyzes the effect of foreign ownership share on the trade propensityin the edible oil, vegetable and animal fats industry in Indonesiausing the Tobit model. The data used are the cross-section data from2015 Annual Survey of the Manufacturing industry from StatisticsIndonesia. The results show that firms with foreign ownership shareof more than 95 percent have the same export propensity with foreignownership of between 50 and 95 percent. However, the importpropensity of firms with foreign ownership between 50 and 95 percentis the lowest compared to other ownership. The government shouldcontinue to restrict foreign ownerhip shares at the maximum of 95percent in this industry.How to Cite:Nauly, D. (2022). Foreign Ownership Shares and Trade Propensity in Indonesian Edible Oil, Vegetable and Animal Fats Industry. Signifikan: Jurnal Ilmu Ekonomi, 11(1), 95-106. https://doi.org/10.15408/sjie.v11i1.18408.
{"title":"Foreign Ownership Shares and Trade Propensity in Indonesian Edible Oil, Vegetable and Animal Fats Industry","authors":"D. Nauly","doi":"10.15408/sjie.v11i1.18408","DOIUrl":"https://doi.org/10.15408/sjie.v11i1.18408","url":null,"abstract":"Presidential Regulation (Perpres) No 44/2016 states that in thevegetable and animal crude oil industry, copra industry, coconutoil industry, palm oil industry, foreign ownership is limited at amaximum of 95 percent. These industries are included in the edibleoil, vegetable and animal fats industry (ISIC 104). This studyanalyzes the effect of foreign ownership share on the trade propensityin the edible oil, vegetable and animal fats industry in Indonesiausing the Tobit model. The data used are the cross-section data from2015 Annual Survey of the Manufacturing industry from StatisticsIndonesia. The results show that firms with foreign ownership shareof more than 95 percent have the same export propensity with foreignownership of between 50 and 95 percent. However, the importpropensity of firms with foreign ownership between 50 and 95 percentis the lowest compared to other ownership. The government shouldcontinue to restrict foreign ownerhip shares at the maximum of 95percent in this industry.How to Cite:Nauly, D. (2022). Foreign Ownership Shares and Trade Propensity in Indonesian Edible Oil, Vegetable and Animal Fats Industry. Signifikan: Jurnal Ilmu Ekonomi, 11(1), 95-106. https://doi.org/10.15408/sjie.v11i1.18408.","PeriodicalId":266329,"journal":{"name":"Signifikan: Jurnal Ilmu Ekonomi","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122023630","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-14DOI: 10.15408/sjie.v11i1.15469
L. Yunusa, K. Arikewuyo, O. Olowofela, W. Sanyaolu
The review of the regulations guiding the activities of DepositMoney Banks (DMBs) in Nigeria affected the revenue generated byDMBs, forcing most banks to diversify their sources of revenue tonon-interest income. Panel data technique was employed to examinethe impact of non-interest income on DMBs performance in Nigeriafrom 2012 through 2019. The empirical finding revealed that noninterestincome, capital adequacy ratio, and bank loan positivelyand significantly impact DMBs’ performance in Nigeria. The studyrecommends that DMBs delve into non-interest income activities as itappeared to improve the performance of DMBs in Nigeria, and themonetary authority should review the policy guiding the non-interestincome activities of the DMBs at regular intervals.How to Cite:Yunusa, L. A., Arikewuyo, K. A., Olowofela, E. O. & Sanyaolu, W. A. (2022). Non-Interest Income and Deposit Money Banks (DMBs) Performance in Nigeria. Signifikan: Jurnal Ilmu Ekonomi, 11(1), 31-42. https://doi.org/10.15408/sjie.v11i1.15469.
{"title":"Non-Interest Income and Deposit Money Banks (DMBs) Performance in Nigeria","authors":"L. Yunusa, K. Arikewuyo, O. Olowofela, W. Sanyaolu","doi":"10.15408/sjie.v11i1.15469","DOIUrl":"https://doi.org/10.15408/sjie.v11i1.15469","url":null,"abstract":"The review of the regulations guiding the activities of DepositMoney Banks (DMBs) in Nigeria affected the revenue generated byDMBs, forcing most banks to diversify their sources of revenue tonon-interest income. Panel data technique was employed to examinethe impact of non-interest income on DMBs performance in Nigeriafrom 2012 through 2019. The empirical finding revealed that noninterestincome, capital adequacy ratio, and bank loan positivelyand significantly impact DMBs’ performance in Nigeria. The studyrecommends that DMBs delve into non-interest income activities as itappeared to improve the performance of DMBs in Nigeria, and themonetary authority should review the policy guiding the non-interestincome activities of the DMBs at regular intervals.How to Cite:Yunusa, L. A., Arikewuyo, K. A., Olowofela, E. O. & Sanyaolu, W. A. (2022). Non-Interest Income and Deposit Money Banks (DMBs) Performance in Nigeria. Signifikan: Jurnal Ilmu Ekonomi, 11(1), 31-42. https://doi.org/10.15408/sjie.v11i1.15469.","PeriodicalId":266329,"journal":{"name":"Signifikan: Jurnal Ilmu Ekonomi","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131669988","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-14DOI: 10.15408/sjie.v11i1.19848
Mas Cili, Barkah Alkhaliq
This study aims to determine the relationship of economic growth withinflation in Indonesia between 2010 and 2014. The research methoduses static data panel analysis with economic growth as the dependentvariable and inflation, investment, and population as independentvariables. Research shows that inflation, investment, and population,where the three variables have the same aim (positive) relationshipwith economic growth. The effect of investment on economic growthis more significant than inflation on economic growth. The positiverelationship between inflation and economic relations shows thatinflation can increase economic growth. This can be maintainedif the government represented by Bank Indonesia can always keepinflation at a low/mild level. Inflation targeting policy needs to bemaintained by referring to the inflation targeting of previous years.How to Cite:Cili, M. R., & Alkhaliq. (2022). Economic Growth and Inflation: Evidence from Indonesia. Signifikan: Jurnal Ilmu Ekonomi, 11(1), 145-160. https://doi.org/10.15408/sjie.v11i1.19848.
{"title":"Economic Growth and Inflation: Evidence from Indonesia","authors":"Mas Cili, Barkah Alkhaliq","doi":"10.15408/sjie.v11i1.19848","DOIUrl":"https://doi.org/10.15408/sjie.v11i1.19848","url":null,"abstract":"This study aims to determine the relationship of economic growth withinflation in Indonesia between 2010 and 2014. The research methoduses static data panel analysis with economic growth as the dependentvariable and inflation, investment, and population as independentvariables. Research shows that inflation, investment, and population,where the three variables have the same aim (positive) relationshipwith economic growth. The effect of investment on economic growthis more significant than inflation on economic growth. The positiverelationship between inflation and economic relations shows thatinflation can increase economic growth. This can be maintainedif the government represented by Bank Indonesia can always keepinflation at a low/mild level. Inflation targeting policy needs to bemaintained by referring to the inflation targeting of previous years.How to Cite:Cili, M. R., & Alkhaliq. (2022). Economic Growth and Inflation: Evidence from Indonesia. Signifikan: Jurnal Ilmu Ekonomi, 11(1), 145-160. https://doi.org/10.15408/sjie.v11i1.19848.","PeriodicalId":266329,"journal":{"name":"Signifikan: Jurnal Ilmu Ekonomi","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124906521","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-14DOI: 10.15408/sjie.v11i1.22142
R. Astuti, Didit Welly Udjianto
Economic growth and price stability are the main goals ofmacroeconomics, among other goals. The central bank can influencethe economy to achieve the desired condition through its monetarypolicy. This study aims to analyze the effect of monetary policy andinternational trade on economic growth and inflation in four ASEANcountries (Indonesia, Malaysia, the Philippines, and Thailand),using panel data analysis and vector autoregression. The impulseresponse results show that monetary policy with an interest rate policyinstrument hurts economic growth in the short run and is positive inthe long run. In the short run, an expansionary monetary policy haseffectively accelerated economic growth, vice versa. International tradepositively affects economic growth in ASEAN-4 countries in the shortrun and vice versa in the long run. Panel data analysis shows a pricepuzzle regarding the effect of interest rates on inflation. Likewise, theeffect of international trade on inflation shows a positive influence.An increase in exports encourages an increase in aggregate demandand prices. The implications of the results of this study are the needfor policy coordination monetary policy, trade policy, and policy inthe real sector so that the effectiveness of monetary policy increases.How to Cite:Astuti, R. D., & Udjianto, D. W. (2022). The Impact of Monetary Policy and International Trade on Economic Growth and Inflation in ASEAN-4 Countries. Signifikan: Jurnal Ilmu Ekonomi, 11(1), 175-190. https://doi.org/10.15408/sjie.v11i1.22142.
经济增长和物价稳定是宏观经济学的主要目标之一。中央银行可以通过其货币政策影响经济以达到预期的状态。本研究旨在运用面板数据分析和向量自回归分析，分析货币政策和国际贸易对四个东盟国家(印度尼西亚、马来西亚、菲律宾和泰国)经济增长和通货膨胀的影响。冲动反应结果表明，利率政策工具下的货币政策在短期内不利于经济增长，在长期内是积极的。从短期来看，扩张性货币政策有效地加速了经济增长，反之亦然。国际贸易对东盟四国经济增长的短期正向影响，对东盟四国经济增长的长期正向影响。面板数据分析显示利率对通货膨胀的影响是一个价格难题。同样，国际贸易对通货膨胀的影响也显示出积极的影响。出口的增加鼓励总需求价格的增加。本文的研究结果表明，货币政策、贸易政策和实体部门政策需要协调，以提高货币政策的有效性。引用方式:Astuti, R. D.， & Udjianto, D. W.(2022)。货币政策和国际贸易对东盟四国经济增长和通货膨胀的影响。[j] .经济研究，2011(1)，175-190。https://doi.org/10.15408/sjie.v11i1.22142。
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