Asnawi, Asnawi (2020) The Role of Inflation and Interest Rates on Economic Growth in a Special Autonomy Province, Indonesia (1989-2018). International Journal of Innovation, Creativity and Change, 12 (5). pp. 643-652. ISSN 2201-1323
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Abstract
This study aims to investigate the relationship between inflation, interest rates, and economic growth in Aceh Province, Indonesia. The method of data analysis is the Vector Error Correction Model (VECM) using the corpus Time Series from 1989 to 2018. Inflation has a negative impact on short-term and long-term economic growth. While the interest rates show impact, it is positively significant in the short term. Besides, there is no Granger relationship in the long run in Aceh Province, Indonesia. However, interest rates only affect economic growth in the long run. Key words: Inflation, interest rate, economic growth, Indonesia.
| Item Type: | Article |
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| Subjects: | E Economy, Accounting, Development > E11 Economy (General) |
| Divisions: | Faculty of Economic and Business > Department of Economic Development |
| Depositing User: | Asnawi Asnawi |
| Date Deposited: | 26 Jun 2020 01:09 |
| Last Modified: | 26 Jun 2020 01:09 |
| URI: | http://repository.unimal.ac.id/id/eprint/5693 |
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