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All Journal Ekonomikawan : Jurnal Ilmu Ekonomi dan Studi Pembangunan JOURNAL ONLINE OF PHYSICS Jurnal Ilmiah Universitas Batanghari Jambi Forum Ekonomi : Jurnal Ekonomi, Manajemen dan Akuntansi EKONOMIS : Journal of Economics and Business Jurnal Himasapta Jurnal Bio-Geo Material Dan Energi Majalah Ilmiah Manajemen dan Bisnis Jurnal Abdi Masyarakat Indonesia Jurnal Penyuuhan dan Pemberdayaan Masyarakat (JPPM) Procedia of Social Sciences and Humanities Jurnal Manajemen, Akuntansi, Ekonomi Eduvest - Journal of Universal Studies SJEE (Scientific Journals of Economic Education) MIMBAR : Jurnal Sosial dan Pembangunan WIKUACITYA: Jurnal Pengabdian Kepada Masyarakat Prosiding Seminar Nasional Ilmu Ekonomi dan Akuntansi
Adhitya, Bagus
Fakultas Ekonomi Dan Bisnis Universitas Wijayakusuma, Purwokerto.
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Journal : MIMBAR : Jurnal Sosial dan Pembangunan

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Fiscal Policy, Monetary Policy and Economic Growth in Indonesia Retnowati, Diah; Purnomo, Sodik Dwi; Jati, Damar; Zumaeroh, Zumaeroh; Adhitya, Bagus; Fatmawati , Anisa; Kencana, Heris
MIMBAR : Jurnal Sosial dan Pembangunan Volume 40, No. 1, (Juni 2024) [Accredited Sinta 3, No 79/E/KPT/2023]
Publisher : UPT Publikasi Ilmiah (Universitas Islam Bandung)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/mimbar.vi.3424

Abstract

Economic growth is still a measure of the success of policies made by the government. Indonesia, a developing country, needs the right policies to continue to encourage economic growth and rise from the crisis that has occurred. The economic crisis that occurred in 1998, 2008 and 2020 requires Indonesia to have the right fiscal and monetary policies to recover quickly. This study aims to analyze the effect of the impact of fiscal policy (taxes and government expenditure) and monetary policy (money supply, inflation, and exchange rate) on economic growth in Indonesia. The method used in this study is multiple linear regression with time series data from 1990 to 2020. The results of this study prove that tax revenue has a positive effect on economic growth in Indonesia. Meanwhile, government spending, inflation, money supply and exchange rates have a negative effect on economic growth in Indonesia. The implications of this study show that both monetary policy and fiscal policy should be made through in-depth study. The government must be able to increase tax revenue and spend state revenues on investment needs. Monetary policy must also be able to maintain low inflation and strengthen the exchange rate through trade and foreign exchange reserves.
Co-Authors AA Sudharmawan, AA Agus Prabawa Amin , Sarwo Sucitra Anisa Fatmawati ANISA FATMAWATI Anisa, Faefaya Ziadatul Ayouni, Kanaya Rizky Diah Retnowati Dian Nora Herlina Efendi, Agustian Ericson, Ericson Fais, Arif Al Fatmawati , Anisa Gemilang, Rio Hari Winarto harsuti Isnaeni Rokhayati kencana, heris Kesumah, Puja Prana Krisnhoe Sukma Danuta Lilis Siti Badriah Mahendra, Moh Arya Dwi Muntahanah, Siti Nurul Izzah Asral Asral Puji Utami Purnomo, Sodik Dwi Ratna Elsa Purwandari Ratna Pujiasuti Resta, Ichy Lucya Rizky Marpaung, Ahmad Saputra, Reza Adhi Saputro, Dimas Panji Sarwo Sucitra Amin Setiawan, Rendy Agus Sitompul, Jeremia Suprapto Suprapto Syawalia, Nurlaili Tribuana, Evid Ufit Panggarti Wiratama, Jarot Yosa Megasukma Yudhi Achnopha Zuhaena, Fatwa Zumaeroh -