Evi Novita
Program Studi Ekonomi Syariah, Fakultas Syariah, IAI-N Laa Roiba

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Pengaruh Stabilitas Moneter terhadap Perekonomian Nasional: Rio Kartika Supriyatna; Dedi Junaedi; Evi Novita
Al-Kharaj : Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol 1 No 2 (2019): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Research and Strategic Studies Center (Pusat Riset dan Kajian Strategis) Fakultas Syariah IAI Nasional Laa Roiba

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (626.698 KB) | DOI: 10.47467/alkharaj.v1i2.57

Abstract

Objectives of this research is to analyze: Does monetary stability affect Indonesia's GDP?; Does the difference in governance regimes affect the governance of monetary stability in supporting the achievement of Indonesia's GDP?; Does monetary stability affect Indonesia's per capita income (PCI)?; Does the difference in government regimes affect the management of monetary stability in supporting the achievement of Indonesia's per capita income (PCI)?. The research method uses descriptive-quantitative analysis with saturated sampling techniques and secondary data from Bank Indonesia, the National Development Planning Agency (Bappenas), the Central Statistics Agency (BPS), the World Bank, and other reference sources. The data is in the form of time series data from the period 1990-2019. The dependentvariable is the value of GDP and GDP per capita (ICP). While the independent variable: the exchange rate, the money supply, the inflation rate, direct investment, financing, the state budget, the amount of debt (US $), the number of exports, the number of imports, and the dummy variable period of the reform era government with the era of the New Order Government (Soeharto) as comparison or reference. The processed data were analyzed in quantitative descriptive with multiple regression models with dummy variables. The result is that some indicators of monetary stability (money supply, exchange rate, BI rate, investment, imports, and the state budget) have a significant effect on the economy (GDP). While inflation, financing and foreign debt did not significantly affect GDP achievement. The Reformation government regimes (BJ Habibie, Abdurrahman Wahid, Megawati Sukarnoputeri, Soesilo Bambang Yudhoyono, and Joko Widodo) are different and better than the New Order (Soeharto) government in managing stability towards achieving GDP. The econometrics model is GDP$ = 178,542 + 0.0999 * M1M2 -0.0186 * EXCHANGE $ + 9.5872 * BI_RATE + 1.1935 * INVEST $ - 0.000225 * IMPORT + 0.181 * APBN + 182.488 * REZIM1 + 171.038 * REZIM2 + 199.86 * REZIM3 + REVIMIM3 + 214.599 * REZIM5. Some indicators of monetary stability (money supply, exchange rate, BI rate, investment, import and APBN) also have a significant effect on GDP per capita. While inflation, financing and foreign debt did not significantly affect the achievement of GDP per capita. The Reform era government regime (BJ Habibie, Abdurrahman Wahid, Megawati Sukarnoputeri, Soesilo Bambang Yudhoyono, and Joko Widodo) differed and more better than the New Order era administration (Soeharto) in governance stability. to the achievement of GDP per capita. The econometric model: PCIUS$ = 5.7594 + 0.0032 * M1M2 - 0.0006 * EXCHANGE$ + 0.3092 * BI_RATE + 0.0385 * INVEST$ -0.0000072 * IMPORT + 0.0058 * APBN + 5.8867 * REZIM1 + 5.5173 * REZIM2 + 6.4471 * REZIM3 + 6.ZZ * REZIM5.JEL CLASSIFICATION: E52, E58, E63
Implementasi Kebijakan Moneter Ekonomi Indonesia Periode 2003-2009: Sukarna Eksyar; Iwan Apribadi; Evi Novita
Al-Kharaj : Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol 2 No 1 (2020): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Research and Strategic Studies Center (Pusat Riset dan Kajian Strategis) Fakultas Syariah IAI Nasional Laa Roiba

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (504.23 KB) | DOI: 10.47467/alkharaj.v2i1.74

Abstract

The method used by the authors in this study is a qualitative method with the results of the presentation in a descriptive form, namely by collecting actual data by carrying out a literature study of some written literature. This research uses the type of library research (library research). Literature research is research that uses written data such as books, books, magazines, journals and others. To get the best data, certain techniques are taken, including the most important one is research, which is collecting material by reading books, journals and other forms of material or commonly referred to as library research. one type of research through libraries. The results of the research show that M. Umer Chapra's thoughts about monetary policy instruments. In the economy can be an important discourse to be considered and studied even further implemented in Indonesia. It is not impossible to apply M. Umer Chapra's thinking in Indonesia. Growth in terms of assets has also proven that Islamic banks are a bank model that is ideal for driving the progress of the country's economy. But in terms of service quality, Islamic banks must catch up with conventional banks that have already been established.