International Journal of Economics, Commerce, and Management
Vol. 1 No. 4 (2024): October : International Journal of Economics, Commerce, and Management

The Influence of Interest Rates, Consumption, Investment, Unemployment, and Renewable Energy on Inflation and GDP in Indonesia

Putri Valentine (Unknown)
Rusiadi Rusiadi (Unknown)
Lia Nazliana Nasution (Unknown)



Article Info

Publish Date
19 Aug 2024

Abstract

This research aims to determine the influence of interest rates, consumption, investment, unemployment and renewable energy on inflation and gross domestic product (GDP) in Indonesia. The variables in this research are Interest Rates, Consumption, Investment, Unemployment and Renewable Energy as independent variables, while the variables Inflation and Gross Domestic Product (GDP) are the dependent variables. The research period is 1993 - 2023. The data analysis technique used is the Simultaneous model, with testing using Eviews 10. Based on the results of the simultaneous analysis, the variables Interest Rate, Consumption and GDP have a positive and significant effect on Inflation. Meanwhile, the Investment Variable does not have a positive and significant effect on Inflation. The Renewable Energy and Inflation variables have a positive and significant effect on GDP. Meanwhile, the unemployment variable does not have a positive and significant effect on GDP.

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Journal Info

Abbrev

IJECM

Publisher

Subject

Decision Sciences, Operations Research & Management Social Sciences

Description

Topics in this journal relate to any aspect of management, but are not limited to the following topics: Human Resource Management, Financial Management, Marketing Management, Public Sector Management, Operational Management, Supply Chain Management, Corporate Governance, Business Ethics, Management ...