Journal Economic Excellence Ibnu Sina
Vol. 2 No. 4 (2024): Journal Economic Excellence Ibnu Sina

Implementasi Kenaikan Suku Bunga Kredit dan Investasi terhadap Pertumbuhan Ekonomi di Sumatera Utara

Yanti Masryana Sianturi (Unknown)
Chelsya Olyza Malau (Unknown)
Nadia Enjel Lina Silalahi (Unknown)
Anggun Sibarani (Unknown)



Article Info

Publish Date
16 Dec 2024

Abstract

The aim of this research is to see how increases in credit and investment interest rates impact economic growth in North Sumatra from 2013 to 2023. Indonesia faces the challenge of balancing economic growth, price stability and job creation as a developing country. Quantitative methods were used in this research, which used secondary data from the National Center for Statistics. This method is multiple linear regression analysis. Included in the variables studied are economic growth, investment, and credit interest rates. The research results show that credit interest rates have a positive but insignificant impact on economic growth, while investment has a negative and significant impact. According to multiple regression analysis, fluctuations in credit and investment interest rates can be responsible for 37.9% of economic growth. Additional unexamined factors influence the remaining sections. This research suggests that the government and stakeholders re-evaluate investment strategies to encourage sustainable economic growth in North Sumatra.

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Journal Info

Abbrev

Excellence

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

bidang Ilmu Manajemen dan Ekonomi. Jurnal ini berkaitan dengan aspek apapun dari manajemen, namun tidak terbatas pada topik berikut : berkaitan dengan aspek apapun dari manajemen, namun tidak terbatas pada topik berikut : Manajemen Sumberdaya Manusia , Manajemen Keuangan, Manajemen Pemasaran, ...