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The relationship between macroeconomic variables and small-and-medium-enterprises in Indonesia

Economic Journal of Emerging Markets · Vol. ume (2017) · hlm. 40–50

DOI
10.20885/ejem.vol9.iss1.art5
ISSN
2502-180X, 2086-3128
Terbit
2017-03-31
Penerbit
Universitas Islam Indonesia
Bahasa
eng

Abstrak

This study analyses the interaction between macroeconomic variables and indicators of small and medium enterprises (SME) in Indonesia. The analysed data include GDP, inflation, unemployment, poverty number, the number of SME business units, total SME employment, and SME investment. It uses Granger Causality Test and VECM. It suggests that macroeconomic variables and SME indicators have one causal direction. In addition, there are short term and long term relationships between macroeconomic variables and indicators of SME. The response of macroeconomic variables for indicators of SME takes 4.5-5 years to stabilize. Meanwhile, the contribution of SME to GDP indicator is likely to increase from quarter 1 to 64.

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Sumber metadata: OAI-PMH (metadata jurnal) http://journal.uii.ac.id/index.php/JEP/oai, pertama di-harvest 8 Nov 2026, terakhir terlihat 8 Nov 2026.
Metadata asli (oai_dc) 
<oai_dc:dc xmlns="http://www.openarchives.org/OAI/2.0/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:oai_dc="http://www.openarchives.org/OAI/2.0/oai_dc/" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/  http://www.openarchives.org/OAI/2.0/oai_dc.xsd">
	<dc:title xml:lang="en-US">The relationship between macroeconomic variables and small-and-medium-enterprises in Indonesia</dc:title>
	<dc:creator>Cahyadin, Malik</dc:creator>
	<dc:subject xml:lang="en-US">SMEs</dc:subject>
	<dc:subject xml:lang="en-US">Macroeconomic Variables</dc:subject>
	<dc:subject xml:lang="en-US">Granger Causality</dc:subject>
	<dc:subject xml:lang="en-US">VECM</dc:subject>
	<dc:subject xml:lang="en-US">JEL</dc:subject>
	<dc:subject xml:lang="en-US">E2</dc:subject>
	<dc:subject xml:lang="en-US">O4</dc:subject>
	<dc:subject xml:lang="en-US">O17</dc:subject>
	<dc:description xml:lang="en-US">This study analyses the interaction between macroeconomic variables and indicators of small and medium enterprises (SME) in Indonesia. The analysed data include GDP, inflation, unemployment, poverty number, the number of SME business units, total SME employment, and SME investment. It uses Granger Causality Test and VECM. It suggests that macroeconomic variables and SME indicators have one causal direction. In addition, there are short term and long term relationships between macroeconomic variables and indicators of SME. The response of macroeconomic variables for indicators of SME takes 4.5-5 years to stabilize. Meanwhile, the contribution of SME to GDP indicator is likely to increase from quarter 1 to 64.</dc:description>
	<dc:publisher xml:lang="en-US">Universitas Islam Indonesia</dc:publisher>
	<dc:date>2017-03-31</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://journal.uii.ac.id/JEP/article/view/7126</dc:identifier>
	<dc:identifier>10.20885/ejem.vol9.iss1.art5</dc:identifier>
	<dc:source xml:lang="en-US">Economic Journal of Emerging Markets; Volume 9 Issue 1, 2017; 40-50</dc:source>
	<dc:source>2502-180X</dc:source>
	<dc:source>2086-3128</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://journal.uii.ac.id/JEP/article/view/7126/6709</dc:relation>
	<dc:rights xml:lang="en-US">Copyright (c) 2017 Economic Journal of Emerging Markets</dc:rights>
</oai_dc:dc>