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All Journal Jurnal Dinamika Ekonomi Syariah
Alief Rakhman Setyanto
Universitas Islam Negeri (UIN) Raden Intan Lampung
Religion Economics, Econometrics & Finance

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ISLAMIC ECONOMIC PERSPECTIVE ON INCLUSIVE ECONOMIC GROWTH IN INDONESIA: A VECM ANALYSIS OF CIGARETTE CONSUMPTION, LABOR FORCE PARTICIPATION, AND POPULATION GROWTH Aulia Istiqomah; Moh. Bahrudin; Alief Rakhman Setyanto
Jurnal Dinamika Ekonomi Syariah Vol. 13 No. 3 (2026): Jurnal Dinamika Ekonomi Syariah
Publisher : Program Studi Ekonomi Syariah, Universitas Pangeran Diponegoro Nganjuk

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53429/jdes.v13i3.2315

Abstract

This study aims to analyze the effect of cigarette consumption, labor force participation rate (TPAK), and population growth on inclusive economic growth in Indonesia in the period 2005-2024, and interpret the results through the perspective of Islamic economics. The method used in this study is a quantitative approach with the type of explanatory study that applies the Vector Error Correction Model (VECM) to detect the dynamics of long-term relationships and short-term adjustments between variables. Research findings indicate that inclusive economic growth in Indonesia still faces serious challenges due to the high consumption of cigarettes that divert household funds allocation from productive needs as well as the need to improve the quality of TPAK and Population Growth Management in order to make a maximum contribution to the equitable distribution of welfare in accordance with the principles of benefit in Islamic economics.
Co-Authors Aulia Istiqomah Moh. Bahrudin