The Effect of Financial Inclusion on Inclusive Economic Growth in Indonesia

Autor: Della Ayu Az Zahra, Shochrul Rohmatul Ajija
Jazyk: English<br />Indonesian
Rok vydání: 2023
Předmět:
Zdroj: JIET (Jurnal Ilmu Ekonomi Terapan), Vol 8, Iss 1, Pp 55-67 (2023)
Druh dokumentu: article
ISSN: 2541-1470
2528-1879
DOI: 10.20473/jiet.v8i1.45426
Popis: 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.
Databáze: Directory of Open Access Journals