Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Jurnal Ekonomi Pembangunan, Manajemen & Bisnis, Akuntansi
Enriko Tedja
UIN Sunan Kalijaga Yogyakarta, Indonesia
Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

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

Found 1 Documents
Search

 1 
Vector error correction model in explaining the association of some macroeconomic variables in Indonesia Adnan Adnan; Enriko Tedja
JEMBA : Jurnal Ekonomi Pembangunan, Manajemen dan bisnis, Akuntansi Vol. 3 No. 1 (2023): Vol. 3 No. 1 (2023): JEMBA : Jurnal Ekonomi Pembangunan, Manajemen dan Bisnis,
Publisher : Fakultas Ekonomi Dan Bisnis Universitas Palangka Raya (UPR)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52300/jemba.v3i1.8044

Abstract

The purpose of this article is to empirically analyze the long and short runs association of some macroeconomic variables in Indonesia by looking at macroeconomic and fiscal indicators as variables that influence each other in the creation of a stability investment climate, using the Vector Error Correction model (VECM). Based on the VECM interpretation carried out, the inflation variable most affects the shock (movement) of Foreign Direct Investment with a positive impulse. While the Variable Foreign Direct Investment itself most affects Employment, GDP Growth, and Tax Revenue with a positive impulse, then for inflation variables and interest rates are most influenced by employment variables with positive impluse. Thus, foreign direct investment has a crucial role and many other variables, namely long-term influence on employment, GDP growth, and tax revenue, indicating that foreign direct investment is the main source in shoring up macroeconomic and fiscal stability in Indonesia. Thus, policies on employment, GDP growth and tax revenue should consider efforts to increase foreign direct investment, because the greater the increase in foreign direct investment will result in positive shock on all three variables
Co-Authors Adnan Adnan