The Role of Inflation and The Performance of Rural Banks on Indonesia’s Economic Growth
DOI:
https://doi.org/10.32662/golder.v0i0.3315Keywords:
Economy Growth, Inflation, Credit, Rural Banks' Third Party FundsAbstract
The purpose of this study is to evaluate the impact of inflation and Rural Banks' (BPR) performance—that is, their assets, credit, and third-party funding—on Indonesia's economy. For the years 2014–2020, panel data regression using a fixed effect model approach is the technique employed. Secondary data from the Financial Services Authority (OJK), Central Statistics Agency (BPS), and other relevant organizations were used in this investigation. The findings indicated, in part, that the credit variable had a significant coefficient value of 0.119, the inflation variable had a significant coefficient value of -0.033, the asset variable had a significant coefficient value of -0.006, and the third party fund variable had an insignificant coefficient value of 0.064. At the same time demonstrating how the variables of assets, third-party funding credit, and inflation all influence Indonesia's economic variables at the same time. A coefficient of determination of 0.99 is attained. Then, these findings demonstrate that the variables of inflation, assets, credit, and third-party funds account for 99 percent of the variation in economic variables' growth and fall, with other factors outside the model influencing the remaining 1%.
References
Jurnal:
Anwar, K. &. (2017). Pengaruh inklusi keuangan terhadap PDB Indonesia. Jurnal Ilmiah Mahasiswa Ekonomi Pembangunan. Jurnal Ilmiah Mahasiswa Ekonomi Pembangunan, 2(3), 454-462.
Devinda, N. W., Ridwan Juleo Fitra., Erni Febrina Harahap. (2023). ANALISIS EKSPOR, IMPOR, NILAI TUKAR DAN INFLASI TERHADAP PRODUK DOMESTIK BRUTO INDONESIA. Jurnal Bisnis Net: Jurnal Ekonomi dan Bisnis Vol 6 No. 2. ISSN: 2621 -3982. EISNN: 2722-3574. P. 875-885. https://jurnal.dharmawangsa.ac.id/index.php/bisnet/article/view/3664/2646
Di, R., Jawa, W., & Model, P. (2012). ANALISIS SEKTOR KEUANGAN TERHADAP PERTUMBUHAN EKONOMI REGIONAL DI WILAYAH JAWA: PENDEKATAN MODEL LEVINE Utami Baroroh International Islamic University of Malaysia. 11(2), 180–195.
Harahap, E. F., Luviana, L., & Huda, N. (2020). TINJAUAN DEFISIT FISKAL, EKSPOR, IMPOR DAN JUMLAH UMKM TERHADAP PERTUMBUHAN EKONOMI INDONESIA. Jurnal Benefita, 5(2), 151. https://doi.org/10.22216/jbe.v5i2.4907
Harahap, Erni Febrina, Wahyu Ramadhani, Siti Rahmi.(2019).Pengaruh Volatility Kurs, Bi 7 Day Repo Rate Dan Inflasi Terhadap Jumlah Uang Beredar Di Indonesia. Jurnal Menara Ekonomi: Penelitian dan Kajian Ilmiah Bidang Ekonomi 5, no.3. https://jurnal.umsb.ac.id/index.php/menaraekonomi/issue/view/126
Said, Muhammad, and Herni Ali. (2016) "An analysis on the factors affecting profitability level of Sharia banking in Indonesia." Banks & bank systems 11, Iss. 3 : 28-36.
Warsa, M. I. (2016). Pengaruh CAR, LDR dan NPL terhadap ROA pada sektor Perbankan di Bursa Efek Indonesia. Udayana University.
Buku:
Blanchard, O. J. (2013). Macroeconomics - 6th Global Edition.
Juliandi A, Irfan, Manurung S. 2014. Metodologi Penelitian Bisnis: Konsep dan Aplikasi. Medan: UMSU Press
Ghozali, I .(2013). Analisis Multivariat dan Ekonometrika : Teori, Konsep, dan Aplikasi dengan EVIEWS 8. Badan Penerbit Universitas Diponegoro, Semarang
Downloads
Published
How to Cite
Issue
Section
License
Authors retain copyright and grant the journal right of first publication with the work under licensed under a Creative Commons Attribution 4.0 International License (CC-BY 4.0) that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
