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Pengaruh Anggaran Pendapatan dan Belanja Negara Terhadap Pertumbuhan Ekonomi di Indonesia Tahun 2015-2024 Sinaga, Lastaria Br; Lubis, Irsad
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 8 No. 3 (2026): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v8i3.10908

Abstract

This study aims to analyze the effect of the State Budget (Anggaran Pendapatan dan Belanja Negara/APBN) on Indonesia’s economic growth during the period 2015–2024. Economic growth is measured by real Gross Domestic Product (GDP) growth, while fiscal variables are represented by government expenditure and government revenue.        This research employs a quantitative approach using time series data sourced from Statistics Indonesia (BPS) and the Ministry of Finance of the Republic of Indonesia. The analytical method used is multiple linear regression.  The results show that government expenditure has a positive and significant effect on economic growth, while government revenue contributes to economic growth through its role in maintaining fiscal sustainability. The findings confirm the important role of fiscal policy through APBN as a countercyclical instrument in supporting economic stability and growth, particularly during periods of economic shock such as the COVID-19 pandemic.
Pengaruh Investasi dan Indeks Pembangunan Manusia Terhadap Produk Domestik Bruto di Indonesia 2015-2024 Ningsi, Sri Ayu; Lubis, Irsad
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 8 No. 3 (2026): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v8i3.10909

Abstract

This study aims to analyze the effect of investment and the Human Development Index (HDI) on Indonesia’s Gross Domestic Product (GDP) during the period 2015–2024. Investment reflects capital accumulation, while HDI represents the quality of human resources, both of which are key drivers of economic growth.  This research employs a quantitative approach using time series data obtained from Statistics Indonesia (BPS) and the Ministry of Investment.  The analytical method used is multiple linear regression. The results indicate that investment has a positive and significant effect on GDP, while HDI also shows a positive and significant influence, highlighting the importance of improving human capital quality alongside capital formation to achieve sustainable economic growth in Indonesia.