The Quality of Growth: Macroeconomics Causality on Growth in Indonesia

Khusnia, Chinta, Yuliana, Indah ORCID: https://orcid.org/0000-0002-6346-7850, Solekah, Nihayatu Aslamtis, Ahmad, Yusuf Falaqi and Kamila, Talia Putri (2025) The Quality of Growth: Macroeconomics Causality on Growth in Indonesia. Jurnal Manajemen Bisnis, Akuntansi dan Keuangan, 4 (1). pp. 37-44. ISSN ISSN-E: 2829-792X

Text 01 (JAMBAK) copernicus 37-44.pdf Download (291kB)

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

Item Type:	Journal Article
Keywords:	Inflation, Interest Rate, Exchange Rate, Gross Domestic Product (GDP)
Subjects:	14 ECONOMICS > 1402 Applied Economics > 140202 Economic Development and Growth 14 ECONOMICS > 1402 Applied Economics
Divisions:	Graduate Schools > Magister Programme > Graduate School of Islamic Economics
Depositing User:	indah yuliana
Date Deposited:	03 Dec 2025 09:07

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