Pengaruh Suku Bunga, Jumlah Uang Beredar dan Nilai Tukar Rupiah Terhadap Tingkat Inflasi Provinsi Sumatera Utara Tahun 2012-2021
Abstract
This study aims to analyze the effect between variables both partially and simultaneously on interest rates, amount of money in circulation and exchange rates on the inflation rate in North Sumatra Province in 2012-2021. This research is a research using a quantitative approach. The independent variables in this study are interest rates, money supply and exchange rates. While the dependent variable in this study is inflation. Secondary data collection techniques with quantitative research types obtained from Bank Indonesia, the Central Bureau of Statistics and from related agency sources. This study uses the Error Correction Model (ECM) analysis method. The results showed that the interest rate variable had a positive and signifikan effect on the inflation rate in the long term, whereas in the short term the interest rate had a positive but not signifikan effect on the inflation rate. The money supply variable has a positive and insignifikan effect on the inflation rate in the long and short term. Meanwhile, the exchange rate variable has a negative and insignifikan effect on the inflation rate both in the long term and in the short term.
Downloads
References
Anggun Sriwahyuni, Pinondang Nainggolan, A. S. (2020). Pengaruh Jumlah Uang Beredar, Suku Bunga dan Nilai tukar Terhadap Inflasi di Sumatera Utara. Ekuilnomi : Jurnal Ekonomi Pembangunan, 2(2), 60–72. https://media.neliti. com/media/publications/327982-pengaruh-jumlah-uang-beredar-suku-bunga-60b4b02a.pdf
Badan Pusat Statistik. (2022). Inflasi Provinsi Sumatera Utara. https://sumut.bps.go.id /subject/3/inflasi.html#subjekViewTab3.
Bank Indonesia. (2022a). Laporan Perekonomian Provinsi Sumatera Utara. https://sumut.bps.go.id/subject/3/inflasi.html#subjekViewTab3.
Bank Indonesia. (2022b). Penjelasan BI Rate sebagai Suku Bunga Acuan. https://sumut.bps.go.id/subject/3/inflasi.html#subjekViewTab3
Dwi Puspita Agustin. (2021). Analisis Pengaruh Tingkat Kurs Dan Suku Bunga Bank Indonesia Dengan Jumlah Uang Beredar, Terhadap Tingkat Inflasi Di Indonesia. Develop, 2(1), 33–46. https://jurnal.ibm.ac.id/index.php/develop/article/ view File/105/pdf
Ghozali, I. (2018). Aplikasi Analisis Multivariate Dengan Program IBM SPSS 25 (Edisi 9). Semarang: Badan Penerbit Universitas Diponegoro.
Husnun Aziza Dg Silasa. (2016). Analisis Jangka Panjang dan Jangka Pendek Variabel Makroekonomi Dalam Upaya Menstabilkan Inflasi di Indonesia. Ilmiah Mahasiswa Universitas Brawijaya. https://jimfeb.ub.ac.id/index.php/jimfeb/article/ view/2750
Miskhin F. S. (2009). Ekonomi Uang, Perbankan dan Pasar Keuangan (Delapan, B). Salemba Empat.
Roshinta Puspitaningrum Suhad dan ZAHROH Z.A. (2014). Pengaruh Tingkat Inflasi, Tingkat Suku Bunga SBI, dan Pertumbuhan Ekonomi Terhadap Nilai Tukar Rupiah Studi pada Bank Indonesia Periode Tahun 2003-2012. Administrasi Bisnis, 8(1). https://media.neliti.com/media/ publications/ 79644-ID-pengaruh-tingkat-inflasi-tingkat-suku-bu.pdf
Rozani, R. C. W. dan A. (2021). Analisis Pengaruh Jumlah Uang Beredar, Konsumsi Masyarakat, Pertumbuhan Ekonomi Dan Suku Bunga Terhadap Inflasi di Indonesia. http://repo.bunghatta.ac.id/5096/1/COVER.pdf
Sadono Sukirno. (2010). Makro Ekonomi: Teori Pengantar. PT Rajawali Pers.
Sri Wulandari. (2017). Pengaruh Jumlah Uang Beredar, Suku Bunga dan Nilai Tukar Terhadap Inflasi di Indonesia Tahun 2001-2013. Unsyiah.
Suhesti Ningsih dan LMS Kristiyanti. (2018). Analisis Pengaruh Jumlah Uang Beredar, Suku Bunga, dan Nilai Tukar Terhadap Inflasi di Indonesia Periode 2014-2016. Manajemen Daya Saing, 20(2). https://journals.ums.ac.id/index.php/dayasaing /article/view/7258
Suseno dan Astiyah, S. (2009). Inflasi (Seri Keban).
Theodores Manuela Langi, V. M. dan H. S. (2014). Analisis Pengaruh Suku Bunga BI, Jumlah Uang Beredar dan Tingkat Kurs Terhadap Tingkat Inflasi di Indonesia. Berkala Ilmiah Efisiensi, 14(2). https://ejournal.unsrat.ac.id/v3/index.php /jbie/article/view/4184
Triyono. (2008). Analisis Perubahan Kurs Rupiah Terhadap Dollar Amerika. Ekonomi Pembangunan, 9(2), 156–167. https://journals.ums.ac.id/index.php/JEP /article/ view/1022
William Eachern. (2000). Ekonomi Makro: Pendekatan Kontemporer (Pertama). Salemba Empat.
Copyright (c) 2023 Public Policy : Jurnal Aplikasi Kebijakan Publik dan Bisnis
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors whose manuscripts are published in the Journal of Public Policy must agree to the following terms;
- Publication rights for all manuscript materials published are held by the editorial board with the author's consent.
- The legal formalities for digital access to the Journal of Public Policy are subject to the Creative Commons Attribution Sharealike (CC BY SA) license, which means the Journal of Public Policy has the right to store, redistribute, reformat, manage in a database, maintain, and publish the manuscript without seeking permission from the author as long as the author's name is included as the copyright owner.
- Published manuscripts are open access for the purpose of disseminating research results. Besides this purpose, the editorial board is not responsible for copyright law violations.
.png)
