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International Business Management

ISSN: Online
ISSN: Print 1993-5250
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An Analysis of Factors Affecting Indonesian’s Economic Growth

Nasikh
Page: 802-806 | Received 21 Sep 2022, Published online: 21 Sep 2022

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Abstract

This study aims at analyzing factors affecting Indonesian’s economic growth. This study is a qualitative study. Data in this study are obtained by using the documentation technique. The document used is publication data provided by ASEAN Development Bank (ADB). The analysis tool employed in this study is co-integration analysis by using Johansson, VECM and multiple regression tests. The finding shows that the long-term economic growth from 1990-2013 is affected by the consumption, investment, government expenditure and net export. In the short term, those variables do not relate significantly to the economic growth. Partially or simultaneously, the consumption, investment and net export affect significantly to the economic growth. The government expenditure does not affect the economic growth as it tends to be used as a tool to stabilize the economic condition due to the crisis and economic shock at certain period.


How to cite this article:

Nasikh . An Analysis of Factors Affecting Indonesian’s Economic Growth.
DOI: https://doi.org/10.36478/ibm.2017.802.806
URL: https://www.makhillpublications.co/view-article/1993-5250/ibm.2017.802.806