Syauqi Irfan
Universitas Bengkulu

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Impact of Digital Payment on Economic Growth: Evidence from Indonesia Dian Putri Maharani; Naziha Romiza; Syauqi Irfan; Ratu Eva Febriani
Proceedings of Bengkulu International Conference on Economics, Management, Business, and Accounting Vol. 1 (2023): Proceeding Bicemba
Publisher : Fakultas Ekonomi Dan Bisnis, Universitas Bengkulu

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Abstract

Innovations in the payment system that lead to non-cash payments (digital payment) can potentially impact output, prices, and monetary policy transmission that will be driving the economy faster. However, in its work, there is a conspicuous lack of the role of digital payments in encouraging economic activity, especially for an emerging economy like Indonesia. This research is aimed to evaluate the impact of digital payment on economic growth but also look at the influence of government spending and inflation as control variables on economic growth. In reviewing this empirical concept, a quantitative analysis is applied to assess the research construct by using a panel regression approach. The data used are sourced from Bank Indonesia and the Central Bureau of Statistics for the observation period from 2018 to 2021. Findings revealed the significance of each variable that represents a positive impact of digital payments and inflation on economic growth, while government spending harms economic growth.
THE EFFECT OF DISTRIBUTION OF ZAKAT, INFAQ, ALMS (ZIS) AND REGIONAL EXPENDITURE ON POVERTY IN SUMATRA Nyimas Yovita Fitriani; Wardatul Fara; SYAUQI IRFAN; Ririn Nopiah
International Journal of Economics, Science, and Education Vol. 1 No. 2 (2024): International Journal of Economics, Science, and Education (IJESE)
Publisher : CV Pena Jaya Pers

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Abstract

Purpose: This research aims to determine the effect of distribution of zakat, infaq and alms (ZIS), grant spending, subsidy spending, and social assistance spending on poverty with unemployment and GDRP per capita as control variables Design/methodology/approach: Using explanatory quantitative methods with multiple linear regression analysis models for panel data from 10 provinces on the island of Sumatra from 2019 - 2021. Findings: The results show that ZIS distribution has a positive and insignificant effect on poverty. Grant spending and unemployment have a positive effect on poverty, while subsidy spending has a significant negative effect on poverty. Research limitations/implications: The limitation of this research is that the amount of zakat distribution has not been evenly distributed from 2019 onwards so that the research is limited to be conducted below that year. Practical implications: Grant spending and unemployment have a positive effect on poverty, while subsidy spending has a significant negative effect on poverty. Paper type: Research paper. Keyword: poverty, ZIS, grant spending, subsidy spending, social assistance spending