ANALISIS PERTUMBUHAN EKONOMI, INVESTASI, DAN KONSUMSI DI INDONESIA

Abstract

ABSTRACT

This study aims to analyze (1) Effect of consumption, investment,
government spending, and net exports to economic growth in Indonesia, (2) Effect
of interest rates, inflation, and economic growth to investment in Indonesia, (3)
Effect of disposable income, consumption previously, and the interest  rate on
consumption in Indonesia. Data in the form of time series of the first quarter of
2001 to the fourth quarter of 2010. This study using a simultaneous equations
model analysis in the form of Two Stage Least Square (2 SLS).
The research concludes that (1) consumption, investment, government
spending, and net exports have a significant and positive impact on economic
growth in Indonesia. If the consumption, investment, government spending, and
net exports increased, economic growth will also increase. (2) Interest rates have
a significant and negative effect on investment in Indonesia, while inflation is
significant and negative effect on investment in Indonesia. If interest  rates and
inflation down the investment will rise, while economic growth in significant and
positive impact on investment in Indonesia. (3) Disposable income and
consumption before significant positive impact on consumption in Indonesia. If
disposable income and consumption increases, consumer spending earlier will
also increase. And interest rates have a significant negative effect on consumption
in Indonesia.

Keywords : Government Spending, Net Exports, Interest Rates, inflation,   
Disposable Income, Consumption Previously,  Economic Growth,  
Investment, and Consumption