Muhammad Putra Rizki
Kantor Perwakilan Bank Indonesia, Banda Aceh

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

Found 1 Documents
Search

Intermediasi Perbankan Syariah Terhadap Pertumbuhan Ekonomi Indonesia Muhammad Putra Rizki; Fakhruddin Fakhruddin
Jurnal Ekonomi dan Kebijakan Publik Indonesia Vol 2, No 1 (2015): November 2015
Publisher : Syiah Kuala University

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Sharia banking in Indonesia has been started for the last two decades. It was expected to have correlation and to contribute to higher economic growth in Indonesia. This research aimed to investigate the sharia banking intermediation in triggering economic growth in Indonesia. It used quarterly SBIS time-series data, total sharia financing, real sector growth and economic growth for the period of 2000:Q4 to 2012:Q4. Empirical findings indicated long run equilibrium between sharia banking and economic growth. Granger’s causality test implied bi-directional causality between real sector growth and economic growth and one direction causality from total sharia financing into real sector economy and economic growth. Estimation with Vector Error Correctin Model (VECM) tended to be inline with the hypothesis that sharia banking is able to serve as growth engine in Indonesia.