Jurnal Ilmiah Mahasiswa Ekonomi Pembangunan
Vol 7, No 3 (2022): Agustus 2022

HUBUNGAN UTANG LUAR NEGERI DAN PERTUMBUHAN EKONOMI DI INDONESIA DENGAN PENDEKATAN GRANGER CAUSALITY

Chafrawi Akbar (Unknown)
Suriani Suriani (Unknown)
Ferayanti Ferayanti (Unknown)



Article Info

Publish Date
27 Jul 2022

Abstract

Abstract Sustainable economic growth is a state goal for the achievement of prosperity and prosperity. Foreign debt has become one of the capital resources for the creation of economic development to promote good economic growth. However, foreign debt can backfire on a country if the country is unable to regulate and maintain foreign debt conditions. This study aims to see the causal relationship between foreign debt and economic growth in Indonesia with the time series data analysis method using the Granger Causality test. The variables used are foreign debt and economic growth. The results showed that economic growth has a one-way causal relationship to foreign debt, with an increase in economic growth. It is hoped that the government can reduce foreign debt.Keywords: Economic growth, foreign debt, Granger causality

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Journal Info

Abbrev

EKP

Publisher

Subject

Economics, Econometrics & Finance

Description

JURNAL ILMIAH MAHASISWA EKONOMI PEMBANGUNAN (JIM-EKP) is an open access academic journal of students of Development Economics Department published by Development Economics Department, Faculty of Economics and Business, Syiah Kuala University, Banda Aceh, Aceh, Indonesia. It is published four times a ...