ANALISIS DAMPAK HARGA EMAS DUNIA, HARGA MINYAK DUNIA, KURS, INDEKS HARGA KONSUMEN (IHK), DAN BI RATE TERHADAP JAKARTA ISLAMIC INDEX
Journal of Enterprise and Development
View Archive InfoField | Value | |
Title |
ANALISIS DAMPAK HARGA EMAS DUNIA, HARGA MINYAK DUNIA, KURS, INDEKS HARGA KONSUMEN (IHK), DAN BI RATE TERHADAP JAKARTA ISLAMIC INDEX
|
|
Creator |
Alfuadi, Muhammad Umar Azyka
|
|
Description |
The paper attempts to analyze the impacts of gold price, oil price, exchange rate, consumer price index, and BI rate to Jakarta Islamic Index using VAR- VECM analysis. The result shows that in long term all variables have a significant impact to JII. Gold price has negative impact to JII 4,1% and stable after 12 months, oil price has positive impact 1% and stable after 21 months, exchange rate has positive impact 3,8% and stable after 17 months, consumer price index has positive impact 0,5% and stable after 21 months, and BI rate has negative impact 6,2% and stable after 15 months. BI rate also gives the biggest impact‟s contribution into JII. This result is very contradictory with Islamic economic principle “No-Riba Oriented”.
|
|
Publisher |
Faculty of Islamic Economics and Business of Universitas Islam Negeri (UIN) Mataram
|
|
Date |
2019-12-02
|
|
Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
|
Format |
application/pdf
|
|
Identifier |
https://journal.uinmataram.ac.id/index.php/jed/article/view/970
10.20414/jed.v1i02.970 |
|
Source |
Journal of Enterprise and Development (JED); Vol 1 No 2 (2019): December; 7-20
2685-8258 2715-3118 |
|
Language |
eng
|
|
Relation |
https://journal.uinmataram.ac.id/index.php/jed/article/view/970/770
|
|
Rights |
Copyright (c) 2019 Journal of Enterprise and Development
http://creativecommons.org/licenses/by-sa/4.0 |
|