Record Details

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

Economic Journal of Emerging Markets

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Field Value
 
Title The relationship between macroeconomic variables and small-and-medium-enterprises in Indonesia
 
Creator Cahyadin, Malik
 
Subject
SMEs, Macroeconomic Variables, Granger Causality, VECM
JEL: E2, O4, O17
 
Description 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.
 
Publisher Universitas Islam Indonesia
 
Contributor
 
Date 2017-03-31
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion


 
Format application/pdf
 
Identifier http://journal.uii.ac.id/JEP/article/view/7126
10.20885/ejem.vol9.iss1.art5
 
Source Economic Journal of Emerging Markets; Volume 9 Issue 1, 2017; 40-50
2502-180X
2086-3128
 
Language eng
 
Relation http://journal.uii.ac.id/JEP/article/view/7126/6709
 
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Rights Copyright (c) 2017 Economic Journal of Emerging Markets
http://creativecommons.org/licenses/by-sa/4.0