The Contribution of Saving and Loan onn Economic Growth, The Case of Indonesia

Muhammad Fadli Hanafi, Berly Martawardaya and Andi Parewangi

No 7238, EcoMod2014 from EcoMod

Abstract: In order to systematically analyze how savings collected from the budget surplus and loan distributed for investment by economic sectors, working capital by economic sectors, and loan affect growth in the long term. The research uses the Solow and Swan model as explained by Mankiw, Romer, and Weil (1992). Type of data is data panel using OLS and GMM estimation technique, and also Granger Test using VECM for the long run bidirectional analysis Savings and Loan perform positive and significant role on economic growth

Keywords: Indonesia; Growth; Growth (search for similar items in EconPapers)
Date: 2014-07-03
New Economics Papers: this item is included in nep-gro and nep-sea
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Citations: View citations in EconPapers (1)

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