Study of Macro Variables in Excogitating Stability of Indonesian Economic Growthas OECD’s Development Center:An Error Correction Model Approach

Zulgani, Zulgani and Zevaya, Faradina and Amril, Amril (2020) Study of Macro Variables in Excogitating Stability of Indonesian Economic Growthas OECD’s Development Center:An Error Correction Model Approach. Atlantis Press, Proceedings of the 5th Padang International Conference On Economics Education, Economics,Business and Management, Accounting and Entrepreneurship (PICEEBA-5 2020). ISBN 978-94-6239-280-9

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Abstract

OECD (Organization for Economic Cooperation and Development)stands for promoting the economic welfare of its members. It also coordinates its effort to help developing countries outside its membership. Indonesia is selected to become DC (Development Center). The goalof DC-OECD as a liaison for developing countriesand emerging countriesto help decision-making find policy solutions to stimulate economic growth and improve living conditions. Indonesian economic growth is likely to be increased, but the discrepancy of infrastructure is still high. Furthermore, this research aims to analyze macro variableseffectto economic growth.Method used quantitative analysis by using Error Correction Model approach.The result shows in long term, BI Rate has significant and negative effect to economic growth, Taxation has negative and significant effect to economic growth, in the meantime Government Expenditure has positive and significant effect to economic growth.In short term, BI rate has positive and not significantlyto economic growth, Taxation has positive and not significantlyto economic growth, and government expenditure has positive and not significantlyeffect to economic growth.

Type:	Book
Subjects:	H Social Sciences > HB Economic Theory
Divisions:	Fakultas Ekonomi dan Bisnis > Ekonomi Pembangunan
Depositing User:	ZULGANI
Date Deposited:	25 Mar 2021 03:58
Last Modified:	25 Mar 2021 03:58
URI:	https://repository.unja.ac.id/id/eprint/18015

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