Efficient: Indonesian Journal of Development Economics
Vol. 7 No. 2 (2024)

Analysis of Foreign Public and Private Debt on Economic Growth in Indonesia

Maria Papilaya (Universitas Negeri Semarang)



Article Info

Publish Date
17 Jun 2024

Abstract

This study investigates the role of foreign debt in Indonesia's economic growth by examining both public and private sector contributions. utilizing data from recent reports and empirical analyses, the study employs granger causality tests and ardl modeling techniques to explore the relationships between public sector debt, private sector debt, and economic growth. findings suggest that while public sector debt exhibits a significant negative relationship with economic growth in both short and long terms, private sector foreign debt positively influences long-term economic growth. these results underscore the importance of foreign debt instruments in bridging financing gaps and stimulating economic development in Indonesia.

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Journal Info

Abbrev

efficient

Publisher

Subject

Economics, Econometrics & Finance

Description

Efficient Journal is a journal base on the economics and development studies. This journal publishes a research paper related to specific themes such as macro economics, small and medium enterprises, public policy, monetary economics, development studies, international economics, trade economics, ...