宏观经济变量对伊斯兰股票在印度尼西亚实现可持续发展目标的作用

Dina Yustisi Yurista, Rosida Dwi Ayuningtyas
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引用次数: 12

摘要

本文旨在分析宏观经济变量,如工业生产指数(IPI),汇率,国内生产总值(GDP)和通货膨胀,可以影响伊斯兰股票价格的运动,以促进印尼的可持续发展目标。本研究采用误差修正模型(ECM)进行定量分析。数据来自印度尼西亚银行、印度尼西亚中央统计局和印度尼西亚证券交易所,时间为2013年1月至2018年12月。结果表明,IPI对伊斯兰股票价格具有正向影响,而汇率对伊斯兰股票价格具有负向影响。另外,GDP和通货膨胀变量在一些公司有负作用,在另一些公司有正作用。
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The role of macroeconomic variables on Islamic stocks for achieving SDGs in Indonesia
This paper aims to analyse macro-economic variables such as industrial production index (IPI), exchange rate, gross domestic product (GDP), and inflation which can affect the movement of Islamic stocks price in order to contribute the sustainable development goals in Indonesia. The methodology of this study is quantitative approach with Error Correction Model (ECM). The data is obtained from Bank Indonesia, Central bureau of statistics Indonesia and Indonesia Stock Exchange during period January 2013 to December 2018 quarterly. The findings showed that IPI has positive effect, while the exchange rate has a negative effect on Islamic stock price. Also GDP and inflation variables has negative in some companies and positive effect in other companies.
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来源期刊
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0.00%
发文量
21
审稿时长
10 weeks
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