Ad-Deenar: Jurnal Ekonomi dan Bisnis Islam
Vol. 9 No. 01 (2025): Ad-Deenar: Jurnal Ekonomi dan Bisnis Islam

THE INFLUENCE OF FISCAL CAPACITY, IHDI AND UMP ON ECONOMIC GROWTH IN JAVA ISLAND IN THE PERSPECTIVE OF ISLAMIC ECONOMICS

Marfilia, Alda (Unknown)
Abdul Ghofur, Ruslan (Unknown)
Nurmalia, Gustika (Unknown)



Article Info

Publish Date
31 Mar 2025

Abstract

This study aims to examine the influence of  fiscal capacity, Islamic Human Development Index and Provincial Minimum Wage on economic growth. This study uses quantitative methods with Vector Error Correction Mode (VECM) analysis techniques. The population in this study were six provinces on the island of Java from 2008-2023 which were taken by saturated sampling method. The results showed that partially in the long term and short term fiscal capacity and Provincial Minimum Wage have a significant positive effect on economic growth. while the Islamic Human Development Index (IHDI) variable has no significant effect on economic growth. While simultaneously fiscal capacity, Islamic Human Development Index affects economic growth. The implications of this research are expected to be useful for various groups. for regulators in the six provinces on the island of Java which are sampled can be one of the references in determining policies. For academics, it is expected to be useful for the development of science and for the community, it is hoped that it can be an addition to information and literacy.

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Journal Info

Abbrev

ad

Publisher

Subject

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

Description

Ad-Deenar: Jurnal Ekonomi dan Bisnis Islam accepts original manuscripts in the field of Islamics Economics, including research reports, case reports, application of theory, critical studies and literature reviews. The spread of Islamic Economics include: 1. Islamic Finance and Capital Market 2. ...