The Effect Of Credit To The Inflation Rate Through Gross Domestic Product In Indonesia

Anas Iswanto Anwar, Ali Akbar

Abstract


Credit markets are not always balanced because of unbalanced information and other causes. There are two credit channels that influence the transmission of monetary policy from finance to the real sector, namely bank credit channels that are more concerned with the behavior of banks that are more selective in credit selection because of asymmetric information.This study aims to determine the effect of credit that consists of investment credit, working capital credit and consumption credit to the inflation rate through Gross Domestic Product (GDP) in Indonesia. The overall data used in this study is secondary data from the result of systematic recording in the form of time series from 2007 to 2016 obtained from the Central Bureau of Statistics, Bank Indonesia Report and Indonesian Banking Statistics. Data were analyzed by using multiple regression with Ordinary Least Square (OLS) approach. Based on the results of the research, simultaneous credit has a positive and significant effect on inflation through GDP and partially found that investment credit and working capital credit have positive and significant effect to inflation through GDP, while consumption credit has positive and insignificant effect.


Full Text:

PDF

References


McEachern, William. 2000. Ekonomi Makro: Pendekatan Kontemporer. Salemba Empat.

Jakarta.

Anwar, Anas Iswanto. 2017. Bank dan Lembaga Keuangan Lainnya. Penerbit: Departemen

Ilmu Ekonomi FEB Universitas Hasanudin. Makassar.

Arsyad, Lincolin. 1997. Ekonomi Pembangunan. Edisi Kelima. STIE YKPN Yogyakarta.

Boediono. 1992. Ekonomi Makro. BPFE UGM. Yogyakarta.

Debelle, Guy. 2004. Household Dept and The Macroeconomy. BIS Quarterly Review.

Dede, Hijriani. 2016. Analisis Pengaruh Jumlah Uang Beredar Terhadap Inflasi Dan Inflasi Terhadap Pertumbuhan Ekonomi Di Indonesia. Diploma thesis, Universitas Andalas.

Gujarati, Damodar N. 2010. Dasar-dasar Ekonometrika. Salemba Empat. Jakarta.

Hanafi. 2011. Mekanisme Transmisi Kebijakan Moneter. Diunduh 1 April 2017, dari http://hanafithanasevi.blogspot.co.id/2011/07/mekanisme-transmisikebijakan

moneter.html.

Hartomo, Hario Aji. 2010. Pengaruh Jumlah Uang Beredar dan Kurs terhadap Inflasi di Indonesia Sebelum dan Sesudah Krisis Global 2008. Media Ekonomi, Vol. 18 No. 3.

Hera, dkk. 2000. Indikator-indikator Makroekonomi. Fakultas Ekonomi Universitas Indonesia. Jakarta.

Jhingan. 2008. Ekonomi Pembangunan Perencanaan. Raja Grafindo. Persada. Jakarta.

John B. Taylor. 1995. The Monetary Transmission Mechanism: An Empirical Framework. Journal of Economic Perspectives, American Economic Association, Vol. 9 no. 4.

Kasmir. 2008. Bank dan Lembaga Keuangan Lainnya. Edisi Revisi 2008. PT. RAJAGRAFINDO PERSADA. Jakarta.

Miskhin, Frederic S. 1995. The Economics of Money Banking and Financial Markets. Edisi Keempat. Haper Collins College Publisher.

Mankiw, N. Gregory. 2007. Makroekonomi. Edisi Keenam. Erlangga. Jakarta.

Nurhayati, dan Nurjannah. 2017. Pengaruh Penyaluran Kredit Investasi, Kredit Modal Kerja dan Kredit Konsumtif terhadap Pertumbuhan Ekonomi Indonesia. Jurnal Samudra Ekonomi dan Bisnis, Vol. 8, No. 1.

Pratiwi, Ardianing. 2013. Determinan Inflasi di Indonesia: Analisis Jangka Panjang dan Pendek. Jurnal Ilmiah Fakultas Ekonomi dan Bisnis Universitas Brawijaya Malang.

Rahardja, Pratama. 2008. Mandala Manurung. Teori Ekonomi Makro: Suatu Pengantar. Lembaga Penerbit FE UI.

Setiawan, Iwan. 2009. Analisis Dampak Kebijakan Moneter terhadap Perkembangan Inflasi dan Pertumbuhan Ekonomi di Indonesia. Jurnal Ekonomi, Keuangan, Perbankan dan Akuntansi, Vol. 1 No. 1.

Sipayung, Putri Tirta Enistin, dan Made Kembar Sri Budhi. 2013. Pengaruh PDB, Nilai Tukar dan Jumlah Uang Beredar terhadap Inflasi di Indonesia periode 1993-2012. E-Jurnal Ekonomi Pembangunan Universitas Udayana, Vol. 2 No. 7.

Soesastro. 2005. Pemikiran dan Permasalahan Ekonomi di Indonesia dalam Setengah Abad Terakhir Jilid I (1945-1959). Kanisius. Jakarta.

Sukirno, Sadono. 2004. Makroekonomi, Teori Pengantar; Edisi Ketiga. Rajawali Press. Jakarta.

Sukirno, Sadono. 2006. Ekonomi Pembangunan Proses Masalah dan Dasar Kebijakan. Cetakan Ketiga. Penerbit Kencana. Jakarta.

Sutawijaya, Adrian, dan Zulfahmi. 2012. Pengaruh Faktor-Faktor Ekonomi terhadap Inflasi di Indonesia. Jurnal Organisasi dan Manajemen, Vol. 8 No. 2.

Todaro, Michael P. 2006. Pembangunan Ekonomi di Dunia Ketiga. Erlangga. Jakarta.

Utami, Annisa Tri, dan Daryono Soebagiyo. 2013. Penentu Inflasi di Indonesia; Jumlah Uang Beredar, Nilai Tukar ataukah Cadangan Devisa?. Jurnal Ekonomi dan Studi Pembangunan, Vol. 14 No. 2.

Warjiyo, Perry. 2004. Mekanisme transmisi Kebijakan Moneter di Indonesia. Pusat pendidikan dan Studi Kebanksentralan (PPSK). Jakarta.




DOI: https://doi.org/10.24252/ecc.v5i2.7114

EcceS: Economics, Social, and Development Studies is indexed by:

ISSN Online : 2580-5770

ISSN Printed : 2407-6635

Jl.H.M.Yasin Limpo No. 36 Samata, Gowa, Sulawesi Selatan

Phone: -

Email: ecces@uin-alauddin.ac.id

==================================

Creative Commons License
Jurnal Ecces is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

View My Stats