Jurnal Tirtayasa Ekonomika (Tirtayasa Economica Journal)
Vol 12, No 1 (2017)

PENGARUH INTERMEDIASI PERBANKAN TERHADAP PERTUMBUHAN EKONOMI INDONESIA

Indra Suhendra (Universitas Sultan Ageng Tirtayasa)
Edwin Ronaldo (Universitas Sultan Ageng Tirtayasa)



Article Info

Publish Date
30 Apr 2017

Abstract

This study aims to discuss banking as a financial intermediary institution in increasing economic growth. The banking intermediation variable in this study is measured by two variables, namely the ratio of credits per Real GDP and the ratio of third party funds to Real GDP. In addition to financial variables, also used control variables to economic growth is BI-rates. The data used are 1stquarter 2007to 4thquarter 2014. This study uses a cointegration test of the Autoregressive Distributed Lag (ARDL) approach to prove the long-term effects between variables and error correction models (ECM) to see how quickly the economy returns to a balanced state when there is a short-term shock. The result shows that there is a long-term relationship between variables, where the ratio of credits per Real GDP, third party funds to Real GDP, and BI-rates have a positive and significant impact on Indonesia's economic growth, both in the long term and short term

Copyrights © 2017






Journal Info

Abbrev

JTE

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Tirtayasa Ekonomika Journal |ISSN: 2540-931X (Online)| is published by Faculty of Economics and Business, University Sultan Ageng Tirtayasa. Tirtayasa Ekonomika Journal provides a forum for publishing the original research articles, review articles from contributors, and the novel technology news ...