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All Journal Bulletin of Islamic Economics
Tarigan, Chairil Ihwan
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Economics, Econometrics & Finance

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Contribution of Stocks, Bonds, and Mutual Funds to Indonesia's Economic Growth: An Input-Output Approach Aiko, Hasna Zahra Rahimah; Fachriansyah, M.; Tarigan, Chairil Ihwan; Avriza, Muhammad
Bulletin of Islamic Economics Vol. 3 No. 2 (2024)
Publisher : Department of Islamic Economics, Faculty of Islamic Economics and Business, Universitas Islam Negeri Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/bie.2024.032-03

Abstract

This study analyzes the impact of conventional investment on Indonesia's economic growth through the Input-Output approach. By analyzing secondary data from the Central Bureau of Statistics and the Financial Services Authority, this study aims to identify the contribution of capital market instruments such as stocks, bonds, and mutual funds to economic growth. The analysis results show that stocks, bonds, and mutual funds significantly drive economic growth, serving as the main driver in increasing the productivity of related sectors. This research provides important insights for policymakers and investors in promoting sustainable economic development.
Co-Authors Aiko, Hasna Zahra Rahimah Avriza, Muhammad Fachriansyah, M.