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Journal : IIJSE

Determinants of Credit Distribution Levels at Book 4 Banks in Indonesia from 2015 to 2024 Putri, Anastasia Yolanda; Hasyim, Sirojuzilam; Syafii, M.
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 1 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v9i1.9231

Abstract

This study aims to analyse the factors influencing the credit distribution rate at Book 4 banks in Indonesia for the period 2015–2024. The variables studied include interest rates, exchange rates, economic growth, and money supply as independent variables. The credit distribution rate is used as the dependent variable. The research data uses panel data consisting of cross-sectional data from banks included in Book 4 banks and time series data for the 2015–2024 period. This study uses analysis with the panel data regression analysis method through an approach processed using the E-Views data processing application. The results show that, partially, interest rates and exchange rates have a negative and significant effect on the level of credit distribution in Book 4 banks in Indonesia, while the variables of economic growth and money supply have a positive and significant effect on the level of credit distribution in Book 4 banks in Indonesia. Simultaneously, interest rates, exchange rates, economic growth, and money supply have a positive and significant effect on the level of credit distribution in book 4 banks in Indonesia with an effect of 94.65%.
The Effect of Economic Growth, Population, Human Development Index (HDI), and Poverty on Income Inequality in North Sumatra Wulandari, Retno; Hasyim, Sirojuzilam; Rahman, Arif
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 1 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v9i1.9236

Abstract

This study examines the impact of economic growth, population size, Human Development Index (HDI), and poverty on income inequality in the provinces of Sumatera Utara from 2014 to 2023. The research employs a quantitative approach using panel data regression analysis, incorporating both time-series and cross-sectional data from 33 districts/cities across the region. The findings reveal that economic growth has a significant negative effect on income inequality, indicating that higher economic growth leads to a more equitable income distribution. Conversely, population growth and poverty are found to exacerbate income inequality, with a higher population and increased poverty levels contributing to greater disparities in income across the province. Furthermore, the study finds that improvements in HDI correlate with lower income inequality, as higher educational attainment, healthcare access, and living standards contribute to increased productivity and more balanced income distribution. This research underscores the importance of inclusive economic growth and targeted poverty reduction strategies to mitigate income inequality in Sumatera Utara. The results suggest that addressing the underlying factors of population growth and poverty could significantly enhance the economic equity in the region.
Analysis of Determinants of Open Unemployment in North Sumatra E, Efri Ramadhana; Hasyim, Sirojuzilam; Syafii, M.
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 1 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v9i1.9348

Abstract

This study aims to analyze the factors influencing open unemployment in North Sumatra Province from 2012 to 2024. It investigates the effects of macroeconomic variables, including economic growth, inflation, provincial minimum wage (UMP), investment, and population growth, on open unemployment, with the moderating role of the Human Development Index (IPM). The research employs a quantitative approach using panel data analysis, encompassing data from 33 districts/cities in North Sumatra. The findings suggest that economic growth, inflation, and provincial minimum wage significantly affect open unemployment, while investment and population growth play a less significant role. Furthermore, the moderating effect of IPM is crucial in enhancing or reducing the impacts of these variables. The study provides valuable insights for policymakers and the private sector in formulating strategies to reduce unemployment and improve human capital development in the region.