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Hubungan Pertumbuhan Ekonomi dengan Inflasi di 90 Kabupaten-Kota Indonesia Arifin, Samsul; Siregar, Hermanto; Anggraeni, Lukytawati; Purnamadewi, Yeti Lis
Jurnal Ekonomi dan Pembangunan Indonesia
Publisher : UI Scholars Hub

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Abstract

This study aims to explain the relationship between economic growth and inflation in 90 Indonesian cities during the period 2018–2022 using the GMM estimator with Windmeijer - Sigmund robust standard errors. The author’s findings reveal that the two-way relationship between the two is that economic growth has a significant positif effect on inflation, while inflation has a negatif but insignificant effect. Through the results of this study, policymakers and stakeholders can consider priority objectives, namely achieving economic growth targets compared to inflation problems during the COVID-19 crisis and economic development during the future economic recovery.