ANALYSIS OF INFLATION AND INTEREST RATES ON THE ECONOMIC GROWTH IN INDONESIA
Author(s) -
Efi Fitriani
Publication year - 2019
Publication title -
journal of business and finance in emerging markets
Language(s) - English
Resource type - Journals
eISSN - 2580-5576
pISSN - 2580-5568
DOI - 10.32770/jbfem.vol2177-188
Subject(s) - inflation (cosmology) , economics , interest rate , descriptive statistics , investment (military) , real interest rate , regression analysis , monetary economics , inflation rate , macroeconomics , politics , mathematics , statistics , physics , theoretical physics , political science , law
This study aims to determine the effect of inflation and interest rate on economic growth in Indonesia and to determine the strategy of increasing economic growth in Indonesia. The data were analyzed using descriptive analysis and regression analysis. The descriptive analysis explained that the growth of inflation and interest rate. Based on regression analysis, there is a positive influence between inflation on economic growth and the negative influence between the interest rate on economic growth in Indonesia. Strategies for increasing economic growth through human resources, entrepreneurs, employment, investment, export, and infrastructure.
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