Economic Growth In Indonesia Research Articles

Qualitative Study of Sukuk as an Alternative Sharia Financing and Its Impact on Economic Growth in Indonesia

This study aims to explore the role of sukuk as an alternative form of sharia financing in promoting economic growth in Indonesia. The study employs a qualitative approach, utilizing a literature review and relevant data from credible sources, such as the recapitulation of the sharia stock index presented by the Indonesia Stock Exchange. Findings indicate that the role of sharia bonds, specifically sukuk, has experienced substantial growth in Indonesia between 2000 and 2024. Sukuk plays a critical role in enhancing the national economy and improving public welfare. The market has demonstrated a high level of responsiveness to sukuk issuance, with almost all issued sukuk being fully absorbed, often with demand exceeding supply. To harness the potential of sukuk for broader economic benefits, it is crucial to undertake strategic steps, including public awareness campaigns to educate the wider community about the benefits and opportunities provided by sukuk as a sharia-compliant investment instrument. Increasing public understanding of sukuk will further support sustainable economic development and financial inclusion in Indonesia.

Kontribusi Green Sukuk pada Implementasi Tujuan Pembangunan Keberlanjutan di Indonesia

The main goal of the Islamic financial industry is falah, which is always involved in matters beneficial to the community. The Islamic finance beginning to emphasize broader social responsibility issues, such as environmental concerns. To maintain economic sustainability and protect the environment, the world faces two challenges in an increasingly complex global era. Sukuk generally refers to a certificate that has the same value as a portion or the entirety of assets to obtain returns and services within the ownership of specific assets and projects or special investment activities. SDGs aim to reduce the impact of damage through the emphasis on achieving it through collaboration between countries and sectors. library research Sustainable development not only prioritizes economic growth but also how economic activities can ensure the healthy and non-excessive use of natural resources to achieve optimal results. However, there are several issues that hinder its implementation. In a situation like various factors that hinder sustainable economic growth in Indonesia.

IMPACT OF E-COMMERCE AND INTERNET USERS ON INDONESIA'S ECONOMIC GROWTH

Economic growth refers to the expansion of economic activities that enhance the production of goods and services, ultimately improving societal welfare. It serves as a crucial indicator for analyzing a country's economic development, typically measured by the change in Gross Domestic Product (GDP) between consecutive years. Various indicators can assess Indonesia's economic condition, with national income being a significant metric supported by accurate GDP data, categorized into current and constant prices. Over time, developments have transformed the Indonesian economy, with electronic media becoming increasingly prevalent. The rise of electronic media has facilitated broader and more effective transactions through e-commerce. Identifying the impact of these transactions is essential to understand their relationship with economic growth, which is vital for enhancing the welfare of Indonesia's population. Additionally, the growth of internet users significantly influences the economy. As internet user numbers rise annually amid digitalization, the government is expected to promote wider internet access across the nation. The internet allows individuals to access vital information for business, education, and recreation, contributing to economic growth. Thus, this research analyzes the impact of e-commerce transaction value and internet users on Indonesia's economic growth from 2013 to 2023, using quantitative secondary data and multiple regression analysis.

Study of Financial Digitalization for the Sharia Economy

This research discusses the urgency or importance and potential that can be explored from the study of financial digitalization for the sharia economy. Digitalization of sharia economic finance is very important in the digital economic era as an effort to increase public awareness and participation in the sharia financial system, as well as increasing sharia economic growth in Indonesia, where information and communication technology has become the main means of developing the sharia economy. The urgency of studying financial digitalization for the sharia economy lies in the ability of digital technology to increase access to sharia finance and increase public awareness about the importance of the sharia financial system. This research also shows that digitizing Islamic economic finance can help increase financial inclusion, as well as increase people's ability to manage their finances effectively. The method used in this research is a qualitative method, where this research method is supported by secondary data sourced from scientific writings both from journals, digital literature, books and articles published by mass media related to the research topic discussed so that it can then explain what the answer is to the problem formulation in this research. This research shows that the study of financial digitalization for the sharia economy is very important to increase public awareness and participation in the sharia financial system, as well as increasing sharia economic growth in Indonesia

Tax System Optimization: A Comparative Analysis Between Personal Income Tax and Corporate Income Tax in Indonesia

This study adopts a qualitative approach to analyze the comparison between Personal Income Tax (PPh) and Corporate Income Tax (PPh Corporate) in Indonesia. Through literature studies and observations, this study explores the tariff structure, tax relief, and tax compliance level of the two tax systems. The economic implications of the implementation of Income Tax and Corporate Income Tax on economic growth, investment, and income distribution were also discussed. The findings show that tax reform, as stated in the Law on Harmonization of Tax Regulations (UU HPP), has a significant impact in improving the effectiveness and fairness of the tax system. The results of this study provide in-depth insights into the importance of appropriate tax policies to support inclusive and sustainable economic growth in Indonesia.

Analisis Pengaruh Ekspor dan Impor Terhadap Pertumbuhan Ekonomi Pendekatan Akuntansi Arus Dana yang Dimediasi Foreign Direct Investment di Indonesia Tahun 2019-2021

The purpose of this study was to determine and examine the effect of exports and imports before, during, and after the covid-19 outbreak on economic growth with an accounting approach to foreign direct investment mediated fund flows in indonesia. Quantitative approach with PLS analysis technique is used in this study. Secondary Data obtained from various official websites were used in this study. This study provides the results that exports and imports have a positive and significant influence on economic growth with the approach of accounting for the flow of funds mediated by foreign direct investment in Indonesia. This implies that exports and imports have an important role in economic growth approach to accounting for the flow of funds. Foreign direct investment plays an active role in mediating the relationship between exports and imports to economic growth. The declining value of exports, imports, and foreign direct investment during the pandemic also affected the decline in economic growth in Indonesia. Export activity needs to be increased so that economic growth also increases. Likewise with import activities, although imports are excessive trade balance deficit, imports also have some positive influence on economic growth such as by importing can meet domestic needs and open opportunities to attract investors to invest. For this reason, imports need to be controlled so that economic growth continues to increase.

Analisis Pengaruh Keterbukaan Ekonomi Terhadap Pertumbuhan Ekonomi di Indonesia

This research aims to determine and analyze the influence of economic openness on economic growth in Indonesia. This research uses time series data from 1993-2023 sourced from the Central Statistics Agency, Bank Indonesia, Bank International For Settlements, and World Bank. The results of the study reveal that (1) trade openness has a negative and significant effect on economic growth in Indonesia, (2) Foreign Investment and the real exchange rate have a positive effect, (3) The real exchange rate has a negative and insignificant effect on economic growth in Indonesia.

The Effect of Cities and Ports on Economic Growth in Indonesia : The Mediating Role of Containerization

The Effect of Cities and Ports on Economic Growth in Indonesia : The Mediating Role of Containerization

Analysis of the Influence of Direct Investment and Labor on Economic Growth in Indonesia

This study aims to analyze the effect of investment and labor on economic growth in Indonesia. One of the factors that affects economic growth is foreign direct investment (FDI). In addition to FDI, labor also plays an important role in economic growth. This study uses secondary data in the form of a thirteen-year time series from 2010-2023, namely with direct investment variables (X1) and Labor (X2). The analysis method used is quantitative, using Multiple Linear Analysis Techniques with the help of the E-Views 9 program. The results of this study indicate that direct investment and labor variables have a significant positive impact on economic growth in Indonesia.

Analysis of Zakat as an Alternative Fiscal Instrument in Supporting Economic Development in Indonesia

This study explores the potential of zakat as an alternative fiscal instrument in supporting economic development in Indonesia. Zakat, a mandatory charitable contribution in Islam, has the ability to address poverty, reduce income inequality, and contribute to economic growth. Using a quantitative approach, data were collected from 80 respondents, including zakat payers, recipients, and administrators, through a Likert-scale survey. The data were analyzed using SPSS version 26 to evaluate the impact of zakat distribution efficiency and utilization on poverty reduction and economic development. The results demonstrate that both zakat distribution efficiency and utilization significantly contribute to poverty reduction and economic development, supporting the hypothesis that zakat can play a crucial role as a fiscal tool. The study's findings suggest that improving zakat management practices and aligning zakat utilization with long-term development goals could enhance its impact on Indonesia's economic growth.

Analysis of the Effect of Sharia Bank Financing and Investment on Economic Growth through Micro, Small and Medium Enterprises (MSMEs) Credit

This study seeks to examine the impact of sharia bank financing and investment on economic growth in Indonesia by analyzing lending to micro, small, and medium companies (MSMEs) utilizing time series data. This research characterizes economic growth through the Gross Regional Domestic Product (GRDP) for each province in Indonesia. This study utilizes secondary data from 2011 to 2022 sourced from BPS, OJK, and Bank Indonesia, analyzed using the Path Application. This report assesses the direct and indirect funding of Islamic banks and their involvement in economic growth via Micro, Small, and Medium Enterprises (MSME) credit. The research findings indicate that the Islamic bank funding variable does not significantly influence the MSME credit variable; nevertheless, the investment variable does have a substantial impact on the Micro, Small, and Medium Enterprises (MSME) credit variable.

DETERMINASI KETIMPANGAN PENDAPATAN WILAYAH PERKOTAAN DAN PERDESAAN DI INDONESIATAHUN 2019 – 2023

This study aims to examine the effect of economic growth, foreign investment, and human development index on the income inequality in urban and rural areas in Indonesia. This study uses three independent variables economic growth, foreign investment, and human development index. The dependent variable of interest is the Gini Ratio. This study uses data from the period 2019 to 2023 with the panel data regression method. The results showed that aspects of community welfare, namely Average Per Capita Expenditure and Life Expectancy, had a significant effect according to the hypothesis on Inclusive Economic Growth in Indonesia. The variables that have a statistically significant effect according to the hypothesis is the human development index in rural areas. Meanwhile, the economic growth is not by the proposed hypothesis in urban & rural areas because the rate of economic growth is not received evenly or shows a trickling up effect so that it is only felt by a certain group of people.

Institutional Strengthening and Improvement of National Logistics Performance Through The Establishment of A National Supply Chain Agency

The logistics sector has a very important role in driving Indonesia's economic growth. However, the national logistics system currently faces various obstacles that prevent it from reaching its full potential. Many challenges slow down the development of this sector. To overcome these obstacles, it is necessary to strengthen institutions that are able to integrate and optimize logistics performance throughout Indonesia. This research suggests the establishment of a National Supply Chain Agency as a solution to improve the coordination, efficiency, and effectiveness of the logistics system. The purpose of this study is to identify and evaluate the role and impact of the establishment of the National Supply Chain Agency on improving national logistics performance. This research uses a qualitative method with data collection from literature studies. The collected data were then analyzed through the stages of filtering, presenting, and drawing conclusions. The results showed that the establishment of the National Supply Chain Agency is an important step to improve logistics performance in Indonesia. The agency is expected to address current challenges, such as inefficiency, high logistics costs, and distribution delays. Thus, the National Supply Chain Agency is proposed as a solution to improve the competitiveness of national logistics, both in the domestic and international markets, and contribute to sustainable economic growth.

Economic Program Policy BUMNIn Increasing Economic Growth In Indonesia

Economic program policies towards state-owned enterprises (BUMN) in economic growth in Indonesia have become commonplace in various countries. The main reason for implementing economic program policies is to improve and streamline the performance of BUMN so that it can achieve its founding targets, namely the provision of public services for the community and profits for the state. However, this policy is often rejected due to concerns that the role of the state is minimal and the role of the private sector is too dominant, which refers to a free market system so that the interests of society are not guaranteed. The method used in this research is qualitative research with a descriptive-analysis method using relevant secondary data and normative/literature assessment using a statutory approach and a conceptual approach. The aim of this research is to provide a comprehensive understanding of economic program policies by BUMN in Indonesia, both from a historical perspective and applicable positive law. The research object is BUMN (State-Owned Enterprises). This research concludes that the majority of listed BUMNs are able to improve business performance and profit generation. Economic programs are not the only solution for state company management, but they must always be able to reform and innovate in terms of future BUMN business strategies.

Investment Analysis of the Manufacturing Industry Sector During the Industrial Revolution 4.0 on Provincial PDRB in Indonesia

During the ten-year period, the manufacturing industry sector has become a sector that contributes to economic growth in Indonesia. However, the distribution of GRDP in each island of Indonesia has not been maximized, this shows that the natural resources owned have not been utilized optimally, industries still tend to only supply raw materials which are then marketed abroad and in the end we buy them back at a higher price. The reason is that the application and use of advanced technology has not been maximized, especially at this time when the industry has entered the Industrial Revolution 4.0. This study aims to see the effect of advanced technology consisting of Internet Users, Software, Machinery and Equipment and Education Level on GRDP in Indonesia. The data used is secondary data from 2017-2021. The type of data in this study is panel data. The analysis technique in this study is the panel data regression technique with the Ordinary Least Square (OLS) method of the e-views 10 program. The results of this study indicate that machinery & equipment, internet users, software and education level together have a simultaneous relationship to the GRDP of Provinces in Indonesia. The variables Machinery and Equipment, Software and Internet Users have a positive and significant influence on the GRDP variable of Provinces in Indonesia. Meanwhile, the level of education has a negative influence on the GRDP of provinces in Indonesia. Keywords: Provincial GRDP in Indonesia, Manufacturing Industry, Software, Machinery and Equipment, Education Level and Internet Users

Tracking the Trail of Regional Financial Performance: Economic Growth as a Bridge towards Poverty Reduction

This study aims to see and determine the indirect influence of regional government financial performance on poverty through economic growth in Indonesia. The analysis method used is multiple linear regression and Sobel test using secondary data from 34 provinces in Indonesia in 2014-2021. The findings of this study indicate that regional financial performance as proxied by the effectiveness ratio and efficiency ratio on poverty directly has an influence, but indirectly where economic growth which is an intermediary to see the influence of regional financial performance on poverty shows no influence, this shows that economic growth cannot mediate the influence of regional financial performance on poverty.

Poverty Inflation, FDI Consumption, and Economic Growth in Indonesia in the Vector Autoregressive Model Analysis

The difference in the results from previous studies on the impact of inflation on poverty, coupled with an increase in the money supply from direct investment, inspired this research. This study aimed to ascertain how poverty, inflation, and foreign investment affect consumption spending in Indonesia based on 1997-2021 time series data. This study used Vector Autoregression estimation, utilizing data sources from the World Bank. The data will be processed with econometric models. From the study’s findings, it may be inferred that overall consumption affects inflation, which can be seen from the Granger causality test that shows that this variable has a one-way causal relationship. The results of the same test also show that FDI has an effect on total consumption and conversely consumption has an effect on FDI. However, the poverty variable does not affect total consumption and vice versa, because according to the causality test, the variable obtains an insignificant probability value. However, the VECM results explain that poverty has an effect on total consumption, and that the effect of consumption on inflation is due to the larger t-statistic value and has a positive relationship. This implies that the rate of inflation will increase the lower the level of consumption. However, the Impulse Reason test shows that poverty has a negative trend, as does the FDI variable. Keywords: poverty, inflation, FDI, consumption, economic growth, Indonesia

The Triple Bottom Line: Prioritizing CSR, Human Capital, and GHG Reduction for Sustainable Economic Growth in Indonesia

Our study, which covered the years 2008 to 2022, aimed to create “autoregressive vectors” to investigate the interrelationships between corporate social responsibility (CSR), greenhouse gas net (GHG), human capital (HCPT), and human resources in Indonesia. We used data from the World Bank, OECD, and Bank Republic Indonesia to conduct an analysis of the correlation between these variables. Our results showed that there are significant relationships between corporate governance self-assessment (CGS), GHG, and HCPT in Indonesia. The positive correlation between GHG and CGS suggests that as GHG emissions increase, the level of corporate governance self-assessment also increases. This finding implies that companies that prioritize reducing GHG emissions tend to have better corporate governance practices. Moreover, investing in reducing GHG emissions can have a positive impact on human capital development. However, the negative correlation between HCPT and CGS implies that an increase in human capital may result in a decrease in the level of corporate governance self-assessment. This finding highlights the importance of balancing investments in human capital with maintaining good corporate governance practices to ensure sustainable economic growth. Furthermore, promoting corporate social responsibility can enhance companies’ reputation and increase their brand value, which can positively impact their CGS. Therefore, it is essential for companies to prioritize CSR practices, invest in human capital development, and reduce GHG emissions to ensure sustainable economic growth and maintain good corporate governance practices in Indonesia. Keywords: corporate social responsibility, greenhouse gas net, human capital

Peran Niat Menabung dalam Memediasi Financial Literacy dan Financial Technology Terhadap Keputusan Menabung

Economic development in a country cannot be separated from economic growth, with economic growth being an indication of success or as a determinant of economic development. The people of Indonesia are increasingly having consumptive behavior and are starting to abandon positive habits that can help economic growth to increase, namely by saving. Saving behavior or saving habits are very important to be carried out by all levels of society, including students, who are a large group of people who can lead the community to move to make changes to advance Indonesia's economic growth. This study aims to examine the influence of financial literacy and financial technology on students' savings decisions with saving intention as an intervening variable (study of management students of the University of Semarang Class of 2021). This research was carried out by random sampling with certain criteria. So that the data used was 96 respondents as a research method. The sample used was 5 indicators, so the last sample in this study was 259 observations and used data analysis using the SmartPLS application tool. The results of this research prove that financial literacy has a significant positive effect on the decision to save, financial literacy has a significant positive effect on the intention to save, financial technology has a significant positive effect on the decision to save, financial technology has no significant effect on the intention to save, the intention to save has a significant positive effect on the decision to save, financial literacy indirectly has a positive effect on the decision to save through the intention to save, financial technology indirectly has no significant effect on the decision to save through the intention to save.

Voting Rights of Indigenous Papuan Women in a Patriarchal Culture: A Study of Gender Equality among Indigenous Papuan Women in Yoboi Village, Sentani District, Jayapura Regency, Papua From the Perspective of Jurgen Habermas

Gender equality has become a significant issue and a focal point at both the national and international levels. The government has implemented various measures as a commitment to minimizing gender disparities. Women, being a vital part of human resources, must optimize their abilities, intelligence, and their role as mothers. Therefore, the issue of gender equality must be intertwined in the development process. Consequently, increasing women’s responsibilities has a positive impact on economic growth in Indonesia. The Gender Empowerment Index (IPG) reveals a substantial gap between provinces in Indonesia, especially in the eastern regions. The cultural system in Papua, which adheres to a patriarchal system, results in the confinement and neglect of women’s voting rights. This research adopts a critical or transformative paradigm processed from the intersection of criticism regarding assumptions made by previous researchers. A critical perspective typically utilizes information gaps for analysis, followed by reconstructing a new narrative without gaps. This allows for the development of a new, feasible concept, enabling researchers to design a new approach. This qualitative study aims to describe and explain the suppression of voting rights experienced by indigenous Papuan women in Yoboi Village, Sentani District, Jayapura Regency, Papua. The results indicate that Papuan women face numerous obstacles in exercising their voting rights in education, economy, culture, and religion. However, there are several ways to address these challenges, such as creating a discussion forum to explore the potential of Papuan women and providing opportunities for them to contribute their opinions. Additionally, the roles of tribal chiefs and customary leaders are crucial in providing space for Papuan women to actively participate in the development of their villages. Keywords: patriarchal culture, indigenous Papuan women