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Journal : Jurnal Ekonomi Pembangunan

ANALISIS KAUSALITAS ANTARA TABUNGAN MASYARAKAT DENGAN PERTUMBUHAN EKONOMI DI KOTA PALEMBANG (TAHUN 1995-2013) Mardalena Mardalena; Suhel Suhel
Jurnal Ekonomi Pembangunan Vol. 13 No. 2 (2015): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v13i2.4858

Abstract

The goal of this research is to analyze the pattern of the relationship between private savings and economic growth in Palembang period 1995-2013. To determine the relationship pattern used Granger causality test. There are four possibilities causal relationship between St (public savings) and Yt (economic growth) will appear on the causality test: (1). Causality one direction is Yt (economic growth) effect or causes St. (public savings), (2). Causality one direction ie St (public savings) affect or cause Yt (economic growth), (3). Yt (economic growth) and St (public savings) are independent of each other, and (4). Yt (economic growth) and St (public savings) are dependent on each other. Granger causality test results indicate that the economic growth of the previous year affecting people's savings in Palembang. Savings communities affected by the economic growth of 97% and 3% are influenced by other factors. Each 1% increase in economic growth will increase public savings in Palembang is 86%. Future studies are expected to incorporate other factors that affect people's savings and economic growth as the variable interest rates of savings and investment in the city of Palembang. Keywords: Economic Growth, Savings Society, causality
PERTUMBUHAN DAN KETIMPANGAN (SUATU TINJAUAN HYPHOTHESIS KUZNET) Emi Suwarni; Mardalena Mardalena
Jurnal Ekonomi Pembangunan Vol. 9 No. 1 (2011): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v9i1.4985

Abstract

The impact of economic growth upon the poor in developing countries is complex and contentious. Does growth benefit in asociety all, and how does it affect inequality and vulnerability? There is profound disagreement about relationship between growth and distribution in academic circles. A number of cross sectional studies verify the inverted-U hypothesis and illustrate that in low-income countries inequality is negatively and robustly correlated with growth . In contrast, several studies ultilizing data on individual country across time cast doubt the validity of the inverted-U hypothesis. There has been a debate about links between growth, distribution and poverty.Keywords: growth, inequality, poverty
Trilemma to Quadrilemma: An empirical study from Indonesia Sri Andaiyani; Ariodillah Hidayat; Fida Muthia; Nona Widharosa; Mardalena Mardalena
Jurnal Ekonomi Pembangunan Vol. 18 No. 2 (2020): Jurnal Ekonomi Pembangunan
Publisher : Department of Development Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jep.v18i2.12346

Abstract

The objective of this study is to test the trilemma and the quadrilemma monetary policy using Indonesia data with covering years 1983 – 2017. The research suggest that the monetary independence and capital account openness might have been more passionately pursued by Bank Indonesia for testing the trilemma; while testing of the quadrilemma, the concentration seems to have shifted to take a middle position within each policy objectives. In this study, the full sample period is split in three subsamples: 1983-2017, 1983 – 1999 and 2000 – 2017. The methodology used in this research is ordinary least square. Our findings show that the policy might have shifted from exchange rate stability, capital account openness and foreign reserves in the first subsample to other four policy objectives in the second subsample. It indicates that foreign reserve plays as fourth objective leading the central bank to achieve at the same time the three “impossible” goals. Therefore, taking into account foreign reserve as a monetary policy objective is deserved. Adequacy of reserves could higher our capacity to prevent or mitigate external shocks.