Abstract

This study examines the influence of financial inclusion on inclusive economic growth in Indonesia using data from 34 provinces. Financial inclusion is measured using the number of bank branch offices, the ratio of credit savings to GRDP, and third-party funds. Meanwhile, economic growth is described by the logarithmic variable of the difference in GRDP per capita. Secondary data from the Central Statistics Agency (BPS) and the Financial Services Authority (OJK) are used in this study. According to the statistical panel regression estimation results, the savings ratio per GRDP and third-party funds significantly positively affect inclusive economic growth. In contrast, the number of bank branch offices has no significant effect on inclusive economic growth.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.