Consumer Confidence and Economic Indicators: A Macro Perspective DOI
Irsan Hardi, Samrat Ray,

Niroj Duwal

et al.

Indatu Journal of Management and Accounting, Journal Year: 2024, Volume and Issue: 2(2), P. 81 - 95

Published: Dec. 7, 2024

This study examines the impact of determinants consumer confidence in Indonesia, one largest markets world. Various macroeconomic factors are assessed, including economic growth, government expenditure, price index, interest rates, unemployment, and stock using monthly data from January 2009 to December 2022. The employs Autoregressive Distributed Lag (ARDL) model as primary method, with robustness checks Fully Modified Ordinary Least Squares (FMOLS) Canonical Cointegrating Regressions (CCR). results indicate that all selected significantly influence confidence, particularly a long-term perspective. Economic growth unemployment have positive impact, while prices exert negative effect. These findings suggest businesses should align their strategies trends capitalize on periods strong sentiment mitigate risks during downturns. Simultaneously, policymakers prioritize effectively managing key sustain enhance overall confidence.

Language: Английский

Inclusive innovation and green growth in advanced economies DOI
Irsan Hardi, Ghalieb Mutig Idroes,

Laura Márquez-Ramos

et al.

Sustainable Futures, Journal Year: 2025, Volume and Issue: 9, P. 100540 - 100540

Published: March 24, 2025

Language: Английский

Citations

0
Starting a Business: A Focus on Construction Permits, Electricity Access, and Property Registration DOI Creative Commons
Irsan Hardi, Xuan‐Hoa Nghiem, Sunil Suwal

et al.

Indatu Journal of Management and Accounting, Journal Year: 2024, Volume and Issue: 2(2), P. 105 - 117

Published: Dec. 29, 2024

Efficient processes for construction permits, electricity access, and property registration are critical to fostering entrepreneurship economic growth. Delays, high costs, bureaucratic inefficiencies in these areas pose significant barriers business start-ups. This study examines the impact of factors on starting a business, highlighting their role shaping formal activity dynamics. By applying methods such as Generalized Linear Model (GLM), Robust Least Squares (RLS), Quantile Regressions (QR) data from 213 countries cities featured World Bank’s Doing Business 2019 (DB19) 2020 (DB20) reports, this paper demonstrates that all three significantly positively business. Notably, comparison results between DB19 DB20 reveals magnitude influences decreased DB20, with some effects becoming less or even insignificant compared DB19. phenomenon is most apparent middle-to-high scores. The findings suggest shocks like COVID-19 pandemic may have reduced relevance increased risks associated during likely overshadowed considerations. Overall, indicate streamlining improving simplifying could enhance entrepreneurial activity, drive growth, foster more dynamic environment.

Language: Английский

Citations

0
The Impact of Credit Access on Economic Growth in SEA Countries DOI Creative Commons
Ghalieb Mutig Idroes,

Putri Maulidar,

Rio Marsellindo

et al.

Indatu Journal of Management and Accounting, Journal Year: 2024, Volume and Issue: 2(2), P. 96 - 104

Published: Dec. 28, 2024

Access to credit serves as a vital catalyst for economic growth, allowing individuals, enterprises, and governments fund investments, maintain consumption stability, encourage productive endeavors. Economic growth is fundamental sustainable development, enhancing living standards, promoting innovation. This study investigates the impact of access on in Southeast Asia (SEA) countries using monthly data from 2014 2020. By applying Fully Modified Ordinary Least Squares (FMOLS) method, along with robustness checks Dynamic (DOLS) technique, this includes essential control variables such capital, labor, technology. The results reveal that has positive while capital technology also contribute positively growth. Conversely, labor shows negative within region. These are consistent across both FMOLS DOLS analyses. Based these findings, Asian policymakers ought facilitate accessibility by making loan applications more straightforward, minimizing bureaucratic obstacles, providing lower interest rates, especially small enterprises marginalized communities. Moreover, encouraging financial institutions lend liberally utilizing digital platforms can expand access. Additionally, investing technology, improving formation, tackling market challenges will effectively align region's path.

Language: Английский

Citations

0
Consumer Confidence and Economic Indicators: A Macro Perspective DOI
Irsan Hardi, Samrat Ray,

Niroj Duwal

et al.

Indatu Journal of Management and Accounting, Journal Year: 2024, Volume and Issue: 2(2), P. 81 - 95

Published: Dec. 7, 2024

This study examines the impact of determinants consumer confidence in Indonesia, one largest markets world. Various macroeconomic factors are assessed, including economic growth, government expenditure, price index, interest rates, unemployment, and stock using monthly data from January 2009 to December 2022. The employs Autoregressive Distributed Lag (ARDL) model as primary method, with robustness checks Fully Modified Ordinary Least Squares (FMOLS) Canonical Cointegrating Regressions (CCR). results indicate that all selected significantly influence confidence, particularly a long-term perspective. Economic growth unemployment have positive impact, while prices exert negative effect. These findings suggest businesses should align their strategies trends capitalize on periods strong sentiment mitigate risks during downturns. Simultaneously, policymakers prioritize effectively managing key sustain enhance overall confidence.

Language: Английский

Citations

0