Analysis of the Influence of Macro Variables on Economic Growth in Indonesia

Author's Information:

Heri Sasono

STIE Dharma Bumiputera, Jakarta, Indonesia

Pudjo Irianto

STIE Dharma Bumiputera, Jakarta, Indonesia

Paidi WS

Universitas Tanri Abeng, Jakarta, Indonesia

Ahmad Syukri

STIE Dharma Bumiputera, Jakarta, Indonesia

Nurhanan

STIE Dharma Bumiputera, Jakarta, Indonesia

Vol 01 No 02 (2024):Volume 01 Issue 02 July 2024

Page No.: 39-43

Abstract:

This research aims to analyze the influence of inflation, IHSG, JII, gold prices, dollar exchange rates and SBI on economic growth in Indonesia from 2008 to 2022. The method used is multiple linear regression analysis, classical assumption test, F test and t-test. processed using the SPSS Version 25 program.

The conclusion of this research is that partially the IHSG and JII have a significant effect on economic growth, while inflation, gold prices, dollar exchange rates and SBI do not have a significant effect on economic growth. Taken together, all macro variables have an insignificant effect on economic growth.

KeyWords:

Inflation, IHSG, JII, Gold Price, Dollar Exchange Rate, SBI and Economic Growth.

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