Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Jurnal PROFIT: Kajian Pendidikan Ekonomi dan Ilmu Ekonomi
Nur Indah Sar Sari
UPN "Veteran" Yogyakarta

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
ANALISIS BELANJA NEGARA, SUKU BUNGA RIIL, INDEKS PRODUKSI INDUSTRI, DAN PMTB TERHADAP PERTUMBUHAN EKONOMI INDONESIA Nur Indah Sar Sari; Purwiyanta
Jurnal PROFIT: Kajian Pendidikan Ekonomi dan Ilmu Ekonomi Vol. 13 No. 1 (2026): Jurnal PROFIT: Kajian Pendidikan Ekonomi dan Ilmu Ekonomi
Publisher : Pendidikan Ekonomi FKIP Universitas Sriwijaya, in partnership with Asosiasi Profesi Pendidikan Ekonomi Indonesia (ASPROPENDO)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36706/jp.v13i1.111

Abstract

Economic growth is an indicator of the success of a country’s development, which is influenced by macroeconomic policies, the real sector, and investment. However, the dynamics of Indonesia’s macroeconomic policies, real sector performance, and investment have shown challenges in influencing economic growth. In this study, macroeconomic policy is represented by fiscal policy through government expenditure and monetary policy through the real interest rate, while the real sector is proxied by the industrial production index, and investment is measured by gross fixed capital formation. This study to analyze the effects of government expenditure, real interest rate, industrial production index, and gross fixed capital formation on Indonesia’s economic growth during the period 2005Q1–2024Q4 using the Autoregressive Distributed Lag (ARDL) approach. The empirical results indicate that in the short run, government expenditure has a positive effect, the industrial production index has a negative effect, while the real interest rate and gross fixed capital formation have no significant effect on economic growth. In the long run, the industrial production index has a positive effect, whereas government expenditure, real interest rate, and gross fixed capital formation have negative effects. These findings imply that Indonesia’s economic growth is primarily driven by government
Co-Authors Purwiyanta