Jurnal Manajemen Bisnis, Akuntansi dan Keuangan
Vol. 4 No. 1 (2025): May 2025

The Quality of Growth: Macroeconomics Causality on Growth in Indonesia

Khusnia, Chinta (Unknown)
Yuliana, Indah (Unknown)
Solekah, Nihayatu Aslamtis (Unknown)
Ahmad, Yusuf Falaqi (Unknown)
Kamila, Talia Putri (Unknown)



Article Info

Publish Date
16 Apr 2026

Abstract

This research aims to analyze the impact of inflation, the interest rate (BI rate), and the exchange rate on economic growth in Indonesia from 2016–2023. The data used were obtained from the official websites of the World Bank, the International Monetary Fund, and the Central Statistics Agency, and were analyzed using multiple linear regression with the assistance of Eviews 10 software. The results of the study show that inflation has a significant negative impact on economic growth in Indonesia. Conversely, the BI interest rate and the exchange rate variables do not show a substantial effect on economic growth during the period studied. These findings emphasize the importance of controlling inflation as a primary policy to support sustainable economic growth.

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Journal Info

Abbrev

jambak

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

Jurnal Manajemen Bisnis, Akuntansi dan Keuangan (JAMBAK) is a scientific journal focused on topics related to Management, Business, accounting and finance. JAMBAK publishes high-quality articles, which have never been published online or offline, and has contributed in theory or implementation to ...