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The Effects of Interest Rate, Household Consumptions, MSME Loans, and Domestic Investment Realization on GDP From 2011 to 2021 Tri Wibowo, Mohamad Rafif; Devia, Vietha
Contemporary Studies in Economic, Finance and Banking Vol. 4 No. 3 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Abstract

Economic growth is a crucial indicator for assessing a country's development success, with Gross Domestic Product (GDP) serving as its benchmark. Fluctuations in Indonesia's GDP over the last decade have been influenced by various factors, including interest rates, household consumption, MSME loans, and domestic investment realization. This research aims to analyses the impact of these four variables on Indonesia's GDP from 2011 to 2021. The study uses a quantitative approach with multiple linear regression, drawing on secondary data from BPS (Statistics Indonesia), Bank Indonesia, and BKPM (Indonesia Investment Coordinating Board). The findings reveal that interest rates and MSME loans have a positive but not significant impact on GDP, while household consumption and domestic investment realization positively and significantly affect GDP. These results highlight the importance of boosting public consumption and realizing domestic investment as key strategies to accelerate national economic growth.
Monetary Policy and MSME Credit in the Perspective of ECM Nabila, Shofiya; Devia, Vietha
Contemporary Studies in Economic, Finance and Banking Vol. 4 No. 3 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Abstract

Micro, Small, and Medium Enterprises (MSMEs) are a strategic sector in the national economy, but the stability of their financing is influenced by macroeconomic conditions and monetary policy. Studies on the relationship between monetary policy and MSME credit financing are still relatively limited. This study aims to analyze the effect of the benchmark interest rate, money supply, and inflation on MSME credit financing. Using monthly data from 2014 to 2024 and the Error Correction Model (ECM) approach, this study examines the short-term and long-term relationships between variables. The results show that the benchmark interest rate does not have a significant impact in the short term but has a significant positive impact in the long term. The money supply has a significant positive impact in both the short and long term, while inflation has a significant negative impact on both time horizons. These findings provide empirical evidence of the effectiveness of monetary policy in influencing SME financing. The implications of the study emphasize that the formulation of monetary policy needs to consider the differences in short-term and long-term dynamics to better align with the sustainable financing needs of SMEs.
Infiltration Wells Effectiveness Analysis: Study in Purwantoro Village, Malang City Morillyn, Oxike; Khusaini, Moh.; Devia, Vietha; Hidayati, Bunga
Jurnal Penelitian Pendidikan IPA Vol 10 No 12 (2024): December
Publisher : Postgraduate, University of Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/jppipa.v10i12.7647

Abstract

Infiltration wells are one of the effective infrastructure in draining rainwater so that they can reduce waterlogging, but existing infiltration wells need to be reviewed for their effectiveness as water shortages are still occurring especially in the Purwantoro Village.The study aims to determine the effectiveness of Infiltration wells and calculate the appropriate number of infiltration wells in Purwantoro Village. The method used in this research is a hydrological analysis, planned flood discharge analysis dan infiltration well effectiveness analysis. The results of the study showed that the effectiveness of existing infiltration wells in Purwantoro Village varies greatly, with the highest at 82.8% and the lowest at 11.3%. To increase the effectiveness of infiltration wells, as many as 109 infiltration wells are needed in Purwantoro Village to reduce waterlogging. The conclusion of this study is the lack of effectiveness of infiltration wells in Purwantoro Village because the number of infiltration wells is still limited, so it is necessary to add infiltration wells and maintenance of infiltration wells is needed to reduce deposits contained in infiltration wells.