Claim Missing Document
Check
Articles

Peran Pembiayaan Syariah Dalam Mendorong Pertumbuhan Ekonomi Nasional : Pendekatan Error Correction Model (ECM) Susetyo, Achmad Budi; Ningsih, Lailatul Berliana; Putri, Nasya Amelia; Fretika, Tatha Amelia; Triana, Devi; Amaliyah, Karimatul
Jurnal Ilmu Ekonomi, Pendidikan dan Teknik Vol. 2 No. 6 (2025): IDENTIK - November
Publisher : CV. SINAR HOWUHOWU

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70134/identik.v2i6.977

Abstract

This study aims to analyze the impact of Islamic financing on Indonesia’s economic growth in both the short run and the long run using the Error Correction Model (ECM) approach. The study employs secondary time-series data obtained from the Central Bureau of Statistics (BPS), the Financial Services Authority (OJK), and Bank Indonesia (BI). Economic growth is used as the dependent variable, while Islamic financing serves as the main independent variable, with inflation, exchange rate, and Islamic interest rate included as control variables. The stationarity test results indicate that all variables are stationary at the first difference level, while the cointegration test confirms the existence of a long-run equilibrium relationship among the variables. The long-run estimation results reveal that Islamic financing, inflation, exchange rate, and Islamic interest rate have a significant effect on economic growth. However, in the short run, these variables do not exhibit a significant impact, and the adjustment mechanism toward long-run equilibrium does not operate effectively. These findings suggest that Islamic financing plays a more dominant role in promoting economic growth in the long run rather than in the short run. This study is expected to provide useful insights for policymakers and practitioners in the Islamic financial industry in formulating more effective and sustainable financing policies.
Peramalan Pertumbuhan Dana Pihak Ketiga (DPK) Bank Rakyat Indonesia (BRI) Menggunakan Model ARIMA Berbasis Data Publik BPS Vifin Nadzary A; Khoirony, Nur Cahya; Nurhalizah, Siti; Helmi; Susetyo, Achmad Budi
Jurnal Ilmu Ekonomi, Pendidikan dan Teknik Vol. 2 No. 6 (2025): IDENTIK - November
Publisher : CV. SINAR HOWUHOWU

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70134/identik.v2i6.995

Abstract

Third Party Funds (TPF) play a crucial role as the main source of financing for the banking sector, as they determine a bank’s liquidity position and its ability to perform intermediation functions. Bank Rakyat Indonesia (BRI), as one of the leading banks in Indonesia with a strong focus on micro, small, and medium enterprises (MSMEs), faces fluctuating growth in Third Party Funds due to changing economic conditions. This study aims to analyze the historical pattern and forecast the growth of BRI’s Third Party Funds using the Autoregressive Integrated Moving Average (ARIMA) model based on public data published by the Central Bureau of Statistics (BPS). This research adopts a quantitative approach with time series analysis. The analytical stages include descriptive analysis, stationarity testing using the Augmented Dickey-Fuller (ADF) test, ARIMA model identification and estimation, diagnostic testing, and forecasting. The results indicate that the growth of BRI’s Third Party Funds can be effectively modeled using the ARIMA approach after achieving stationarity. The selected ARIMA model successfully captures historical fluctuations and provides relatively stable short-term forecasts of Third Party Fund growth. These findings suggest that the ARIMA model based on publicly available BPS data is a reliable forecasting tool for supporting strategic planning and liquidity management in the banking sector. This study is expected to contribute empirically to the literature on financial time series forecasting and banking performance analysis.
Co-Authors Adinda Rifantini Afaf Fitriati Ahmad Fikri Hasan Alfia Said Alfian Futuhul Hadi Alfina Ramadaniar Amaliyah, Karimatul Aminulloh, Moh Ma’ruf Anak Agung Gede Sugianthara Andini Maulidya Anisa Lestari Ardiansyah, Rivangga Nur Arief Tegar Saputra Arikatun Maimunah Ariyanti, Dila Iska Bayu Chasnah Noer Setyani Devah Sukmawati Dewi Eka Mustika Sari Dian Diana Putri Aggraeni Dinda Nabila Margaretha Dwi Intan Cantika Putri Hendrayana Dwi Putri Ayu Nur Aini Dyan Irawati Elisa Tri Rahayu FATHUR ROHMAN Fatonah Febriyanti, Novi Fendy Julianto Fitri Nur Afifah Fretika, Tatha Amelia Hardining Estu Murdinar HASAN, DONY BURHAN NOOR Helmi HUSNUL KHOTIMAH Julia Eka Firmanda Kamelia Khasanah Kasanah, Roisatun Khoirony, Nur Cahya Kholilur Rahman LAILATUL FITRIA Latipah Luk Lu’us Syarifah Luthfiana, Nuriya M. Firdaus Trikuncoro M. Miftahur Rizqi M.Anvio Djul Chyono Maratus Solihah Md. Meraj Hasan Melinda Nur Aini Moh. Azfahani Zain Moh. Iqbal Maulana Mohammad Fahrud Taufiq Muawanah Mudina Putri Masita Muhajjir Muhammad Adnan Firdaus Muhammad Iklal Hafidzi Muhammad Salman Al Farisi Muhammad Zaini Musdalifah Musdalifah Musleh mustafida, mustafida Nadhifa Maulidia Nadhirotul Jannah Najla Shafaa Kamila Najmi Maulita Amaliya Ningsih, Lailatul Berliana Noufal Firdaus Noval Bahari Ardiansyah Nur Komariyah Nur Milla Nurhabits Safitri Nurhalizah, Siti Puput Purnamasari Putri Firda Febrianti Putri, Nasya Amelia Qoni’atul Musyarrofah Rahmad Nursyahidin, Rahmad Ramadhani, Nur Ainie Rania Ningsih Refani Nafi Sara Reza Abdilah Saputra Rifqi Nurdiansyah Rizki Ardiansyah Rizqy Zharifah Ivanka Rohmah, Yusriyatur Rohmawati, Harlien Ruslan Rasid Sahira, Alia Jihan Saiful Arif Salim, Habibah Salisa Khoirun Salsabila Salman Alfarisi Septiani, Reni Sholahudin Sigit Kusbiantoro Siti Aisah Hidayatul Hasanah Sumarti, Retno Khabbatuni'mah Tazkiyah Fuadiyah Triana, Devi Umar Gibran Veni Vebriyanti Vifin Nadzary A Wicaksana, Ragil Satria Yuni Zaroh Yusnia Zaenab Zumrotis Sholihah