Pengaruh Jerat Stagflasi Pada Capaian Laju Investasi di Provinsi Jawa Timur Periode 2019-2022


  • Anggun Wida Prawira * Mail Sekolah Tinggi Ilmu Ekonomi Pemuda, Surabaya, Indonesia
  • Syamsul Arifin Sekolah Tinggi Ilmu Ekonomi Pemuda, Surabaya, Indonesia
  • (*) Corresponding Author
Keywords: Stagflation; Gross Regional Domestic Product (GRDP); Inflation; Investment

Abstract

This study aims to determine the effect of the threat of stagflation on investment realization in East Java Province in 2019-2022. The data studied is quarterly secondary data (time series) from the first quarter of 2019 to the fourth quarter of 2022 with a total sample of 16 quarters (for each variable), sourced from the Central Statistics Agency (BPS) and the Investment and One-Stop Services Office (DPMPTSP). Data analysis techniques used descriptive statistics, classical assumption tests, statistical tests and multiple linear regression analysis which were processed using SPSS version 25 software. The results of this study obtained the Stagflation Threat of GRDP Economic Growth with a Sig. 0.990 > 0.05 so it partially has a positive but not significant effect on investment realization. As a result of obstacles to economic performance such as the Covid-19 pandemic. The Threat of Stagflation Inflation obtained Sig. 0.013 <0.05, so partially has a positive and significant effect on investment realization. East Java was able to rise amid rising inflation. The Threat of Stagflation of Economic Growth (GRDP) and Inflation obtained a Sig value of 0.027 <0.05 so that they simultaneously have a positive and significant effect on investment realization.

Downloads

Download data is not yet available.

References

Adisasmita, R. (2013). Teori-Teori Pembangunan Ekonomi, Pertumbuhan Ekonomi Dan Pertumbuhan Wilayah. Cetakan Pertama, 4.

Adisasmita, R. (2018). Dasar-dasar Ekonomi Wilayah. In Expert (Edisi 2). Yogyakarta: Expert.

Adnyana, I. M. (2020). Manajemen Investasi dan Protofolio. In Lembaga Penerbitan Universitas Nasional (LPU-UNAS). Jakarta Selatan: Lembaga Penerbitan Universitas Nasional (LPU-UNAS).

Bank Indonesia. (2023). Laporan Perekonomian Jawa Timur Februari 2023.

BAPPENAS. (2022). Perkembangan Ekonomi Indonesia dan Dunia Triwulan II Tahun 2022. In BAPPENAS (Vol. 6). Deputi Bidang Ekonomi Kementerian PPN BAPPENAS.

Badan Pusat Statistik. (2023). Inflasi. https://www.bps.go.id/subject/3/inflasi.html. Diakses tanggal 18 Februari 2023.

Dinas Penanaman Modal dan Pelayanan Terpadu Satu Pintu (Dinas PMPTSP). (2022). Laporan Kinerja Penanaman Modal Jawa Timur Oktober 2022. Jawa Timur.

Hung, L. D. (2022). Economic Growth and Inflation Trade Offs within Global Stagflation: Evidence in Vietnam Economy. HAL Open Science, (september), 25.

International Monetary Fund. (2022). Regional Economic Outlook: Asia and the Pacific, October 2022. In Regional Economic Outlook: Asia and the Pacific, October 2022. https://doi.org/10.5089/9798400220517.086

Investopedia. (2022). What Is Stagflation, What Causes It, and Why Is It Bad? Retrieved February 18, 2023, from Investopedia website: https://www.investopedia.com/terms/s/stagflation.asp

Khandre, S., & Mission, M. G. (2023). Is India a Low Risk of Stagflation ? Sheetal Khandre. (April).

Muchtolifah. (2018). Ekonomi Makro. In Unesa University Press. Surabaya: Penerbit Unesa Press.

Mulyani, E. (2017). Ekonomi Pembangunan. In UNY Press (Vol. 6). UNY Press.

Oktariza, C. (2021). Pengaruh Tingkat Suku Bunga, PDRB, Nilai Tukar dan Tingkat Inflasi Terhadap Investasi di Sumatera Selatan, Periode 2000 – 2019. 15(1), 43–54.

Paningrum, S. E. D. (2022). Buku Referensi Investasi Pasar Modal. In Penerbit Lembaga Chakra Brahmanda Lentera. Kabupaten Kediri: Penerbit Lembaga Chakra Brahmanda Lentera.

Pengurus Pusat Ikatan Sarjana Ekonomi Indonesia (ISEI). (2022). Memperkuat Sinergi Untuk Menjaga Stabilitas dan Mendorong Momentum Pemulihan Ekonomi Yang Inklusif di Era Digital. 1–23.

Perbendaharaan, D. (2023). Ekonomi dan Meningkatkan Kesejahteraan Masyarakat Jawa Timur. Surabaya.

Perwakilan Bank Indonesia Provinsi Jawa Timur. (2022). Laporan Perekonomian Provinsi Jawa Timur November 2022. In Bank Indonesia Provinsi Jawa Timur. https://doi.org/10.46883/onc.2022.3611

Rezki, J. F., Sabrina, S., Desdiani, N. A., Riefky, T., Cesarina, A., Husna, M., & Maizar, F. A. (2022). Episode Selanjutnya : Stagflasi. Indonesia Economic Outlook, LPEM FEB UI, 1–24.

Takahashi, Y., & Takayama, N. (2022). Hidden Stagflation. Institute of Economic Research, Hitotsubashi University, 1–50.

Tenreng, M., & Idrus, A. (2022). Ekonomi Makro. In Fahmi Jalaluddin (Ed.), Syakir Media Press (Vol. 21). Syakir Media Press. Retrieved from http://journal.um-surabaya.ac.id/index.php/JKM/article/view/2203

Utari, G. A. D., Cristina, R., & Pambudi, S. (2015). Inflasi di Indonesia: Karakteristik dan Pengendaliannya. Bank Indonesia Institute, 23(23), 1–64.

Wulandari, N. S. (2016). Pengaruh PDRB dan Inflasi Terhadap Penanaman Modal Asing Langsung (foreign direct investment) di Kabupaten Purwakarta. E-Qien Jurnal Ekonomi Dan Bisnis, Edisi 4 Nomor 1 Januari 2014, 4, 1–23.


Bila bermanfaat silahkan share artikel ini

Berikan Komentar Anda terhadap artikel Pengaruh Jerat Stagflasi Pada Capaian Laju Investasi di Provinsi Jawa Timur Periode 2019-2022

Dimensions Badge
Article History
Submitted: 2023-06-14
Published: 2023-06-29
Abstract View: 553 times
PDF Download: 372 times
Issue
Section
Articles