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Jurnal Kebijakan Ekonomi

Abstract

This study aims to measure the effect of bank credit financing to value-added of manufacturing industry in Indonesia. This study uses the data of manufacturing industry sub-sector level. The data used are sub-sector credit, value added, labor, fixed capital, the minimum wage, the exchange rate, and the Gross Domestic Produc. This study period is 2002 – 2012 and using a Two-Stage Least Square with Fixed Effect as a estimation methode. Finally, the results showed that the significant effect of bank credit financing to encourage value-added manufacturing industry in Indonesia.

Bahasa Abstract

Penelitian ini bertujuan untuk mengukur efek dari pendanaan kredit bank terhadap nilai tambah industri pengolahan di Indonesia. Penelitian menggunakan data dari level subsektor industri pengolahan. Data yang digunakan adalah kredit subsektor, nilai tambah, tenaga kerja, modal tetap, upah minimum, nilai tukar dan produk domestik bruto. Periode penelitian tahun 2002-2012 dan menggunakan metode estimasi Two-Stage Least Square dengan Fixed Effect. Hasilnya menunjukkan bahwa ada pengaruh signifikan dari pendanaan kredit bank dalam mendorong nilai tambah industri pengolahan di Indonesia.

References

Cyclical fiscal policy, credit constraint, and industry growth. Journal of Monetary Economics 62: 41-58.

Anindhita, Theresia. (2012). Pengaruh kredit perbankan terhadap volatilitas output industri manufaktur. Thesis Program Pascasarjana Ilmu Ekonomi. Universitas Indonesia.

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