Pub Date : 1900-01-01DOI: 10.2991/aebmr.k.200305.073
J. Setiadi, Erni Masdupi
This study aims to determine the effect of macroeconomic variables (inflation, economic growth, interest rates, exchange rates) and United States economic crisis both simultaneously and partially to the LQ 45 Index on the Indonesia Stock Exchange. The sample in this study uses the LQ 45 Stock Price Index data in the period 2007 to 2018 with monthly data. The type of data used in this study is secondary data. Data analysis in this study uses multiple linear regression analysis.The results of this study indicate that simultaneously macroeconomic variables (inflation, economic growth, interest rates, exchange rates) and the United States economic crisis significantly influence the LQ 45 Index. Partially the results of this study indicate that inflation does not significantly influence the LQ 45 Index. Economic growth has a positive and significant effect on the LQ 45 Index. Interest rates negatively and significantly affect the LQ 45 Index. The exchange rate has a positive and significant effect on the LQ 45 Index. The United States economic crisis has a negative and significant influence on the LQ 45 Index.
{"title":"The Effect of Macroeconomic Variables and United States Economic Crisis on LQ 45 Index in Indonesia Stock Exchange","authors":"J. Setiadi, Erni Masdupi","doi":"10.2991/aebmr.k.200305.073","DOIUrl":"https://doi.org/10.2991/aebmr.k.200305.073","url":null,"abstract":"This study aims to determine the effect of macroeconomic variables (inflation, economic growth, interest rates, exchange rates) and United States economic crisis both simultaneously and partially to the LQ 45 Index on the Indonesia Stock Exchange. The sample in this study uses the LQ 45 Stock Price Index data in the period 2007 to 2018 with monthly data. The type of data used in this study is secondary data. Data analysis in this study uses multiple linear regression analysis.The results of this study indicate that simultaneously macroeconomic variables (inflation, economic growth, interest rates, exchange rates) and the United States economic crisis significantly influence the LQ 45 Index. Partially the results of this study indicate that inflation does not significantly influence the LQ 45 Index. Economic growth has a positive and significant effect on the LQ 45 Index. Interest rates negatively and significantly affect the LQ 45 Index. The exchange rate has a positive and significant effect on the LQ 45 Index. The United States economic crisis has a negative and significant influence on the LQ 45 Index.","PeriodicalId":266618,"journal":{"name":"Proceedings of the 4th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2019)","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121418974","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 : 1900-01-01DOI: 10.2991/aebmr.k.200305.082
Zulgani, Faradina Zevaya, Syaparuddin
This study entitled Analysis Influence of Quality of Human Capital, Gross Fixed Capital Formation, Infrastructure Expenditure Budget Allocation, and the economy openness on Indonesia's Economic Growth aims to analyze the influence of these macroeconomic variables on Indonesia's economic growth both in short and long term. The method used in this study is a secondary data analysis method by using quantitative error correction correction mechanism (ECM), cointegation test and Granger causality test. The result showed During analysis period 2000-2018 Indonesia's economic growth in the short term was positively and significantly affected by the quality of human capital and economic openness, while in the long run, 4 macroeconomic variables such as the quality of human capital, gross fixed capital formation, allocation of infrastructure spending and economic openness significant effect on economic growth, although two of them namely gross fixed capital formation and the allocation of infrastructure spending negatively and significantly.
{"title":"Analysis of Human Capital, Infrastructure Spending Allocations, Economy Openness, and Formation of Fixed Capital on Economic Growth in Indonesia","authors":"Zulgani, Faradina Zevaya, Syaparuddin","doi":"10.2991/aebmr.k.200305.082","DOIUrl":"https://doi.org/10.2991/aebmr.k.200305.082","url":null,"abstract":"This study entitled Analysis Influence of Quality of Human Capital, Gross Fixed Capital Formation, Infrastructure Expenditure Budget Allocation, and the economy openness on Indonesia's Economic Growth aims to analyze the influence of these macroeconomic variables on Indonesia's economic growth both in short and long term. The method used in this study is a secondary data analysis method by using quantitative error correction correction mechanism (ECM), cointegation test and Granger causality test. The result showed During analysis period 2000-2018 Indonesia's economic growth in the short term was positively and significantly affected by the quality of human capital and economic openness, while in the long run, 4 macroeconomic variables such as the quality of human capital, gross fixed capital formation, allocation of infrastructure spending and economic openness significant effect on economic growth, although two of them namely gross fixed capital formation and the allocation of infrastructure spending negatively and significantly.","PeriodicalId":266618,"journal":{"name":"Proceedings of the 4th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2019)","volume":"55 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115060573","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}