Indonesia Accounting Research Journal
Vol. 9 No. 1 (2021): Sep: Accounting

Factors supporting Indonesia's economic growth in 2004 – 2012

Merio Primary (Semarang State University, Indonesia)



Article Info

Publish Date
30 Sep 2021

Abstract

In Indonesia, GDP growth in 2010 – 2012 continued to increase, despite the economic crisis in Europe. Therefore, to study Indonesia's economic growth, it can be observed from the factors that influence economic growth in Indonesia. The purpose of this study was to determine and analyze the effect of household consumption, the effect of state spending, the effect of values, the effect of export values ​​and the effect of the Euro-rupiah exchange rate on Indonesia's economic growth in 2004-2012. The variables used in this study are gross domestic product (GDP), household consumption expenditures, government expenditures, investment, exports and imports of Indonesia. The dependent variable in this study is gross domestic product (Y), while the independent variable is household consumption expenditure (X1). From this study, it was found that household consumption had a significant positive effect on Indonesia's gross domestic product (GDP) in 2004 – 2012. The regression coefficient of the household consumption variable was 2.080 with a t-value of 2.341 > t-table (1.697) with a p-value = 0.026 < α = 0.05. Government expenditure has a significant positive effect on Indonesia's gross domestic product (GDP) in 2004 – 2012. The regression coefficient of the variable government expenditure is 1.237 with t count = 2.602 > t table (1.697) and p value = 0.014 <α = 0.05 .

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Journal Info

Abbrev

Accounting

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

The Indonesia Accounting Research Journal (IACRJ) embraces a range of methodological approaches in identifying and solving significant prioritised accounting issues. Submissions are encouraged across all areas on accounting, finance and cognate disciplines. It is strongly recommended that authors ...