scholarly journals EFFECT OF STOCK EXCHANGE OPERATIONS ON ECONOMIC GROWTH IN NIGERIA

Author(s):  
Maryam ABDU ◽  
Sunday Moses IBRAHIM

This study examined the effect of Nigerian Stock Exchange operations on the Economic Growth in Nigeria. Data was collected from secondary sources, through the central bank of Nigeria database. To achieve the objective of the study, Nigerian Stock Exchange operations was proxy by All Share Index while Economic Growth was proxy by Gross Domestic Product. The study covered a seventeen year period. Ordinary least square regression technique was employed in examining the effect of all share index on economic growth. The findings revealed that all share index and gross domestic product are positively and significantly correlated. Based on the findings of this study, it is therefore recommended that an enabling environment should be created in order to enhance the participation of both private and public sector in the security market so as to stimulate economic growth

2017 ◽  
Vol 1 (02) ◽  
Author(s):  
Justina Trirahaju

This research is a quantitative research  that aims to analyze factors influencing the profit growth at textile and garmen company listed in Indonesia Stock Exchange, that are liquidity ratio that measured by current asset, solvability ratio that measured by DER, activity ratio that measured by TATO, profitability ratio that measured by NPM and Gross Domestic Product. Population in this research is all of textile and garmen companies that listing in BEI. Implementing the purposive sampling so got 13 researches that analyzed by panel data regression with Ordinary Least Square (OLS) model. The result shows that liquidity ratio  influences positively towards profit growth, solvability ratio doesn’t influence towards profit growth, activity ratio doesn’t influence towards profit growth, profitability ratio influences positively towards profit growth, and gross domestic product doesn’t influence towards profit growth at textile and garmen companies listed in Indonesia Stock Exchange.Based on the analysis in this study, the following suggestions are presented: (1) For further research may add other independent variables that predict the effect on profit growth and increase the number of observations in order to get better a  study and research users can obtain more information, to increase the number of observation studies, the researchers can then immediately take the primary data to each company so that the collected data would  be coming more and research results would be better, further research can be carried out by expanding the study area is not only the textile and garment company, but also all companies listed on the Indonesia Stock Exchange, (2) For the company to be concerned about the condition of the company's profit growth is still fluctuate every year and this proves that there is still a lack of consistency in maintaining the company's profit trend continues to rise. So it needs to be reviewed on the causes of fluctuations in profit growth.


2017 ◽  
Vol 21 (2) ◽  
pp. 85-95
Author(s):  
John Marcell Rumondor

This research aims to understand the influenceof foreign investment, international trade, Gross Domestic Product per capita, agriculture and urbanization of the working population. Country used as an object in this research is Indonesia. This research uses the method of analysis Ordinary Least Square (OLS) and the multiple linear regression analysis method. Research period are from 1997 – 2012. The results showed that the international trade, Gross Domestic Product per capita, agriculture and urbanization have significantpositive influenceon the population work in Indonesia, but foreign investment has no significanteffect on the working population in Indonesia.


SOROT ◽  
2020 ◽  
Vol 15 (2) ◽  
pp. 87
Author(s):  
Miftakul Khoiri ◽  
Syapsan Syapsan ◽  
Sri Endang Kornita

Terdapat beberapa permasalahan yang berbeda pada sumber daya di setiap daerah, yaitu investasi, tenaga kerja dan teknologi sebagai faktor pembentuk output perekonomian daerah. Penelitian ini menganalisis hubungan antara investasi dalam bentuk Penanaman Modal Asing (PMA), Penanaman Modal Dalam Negeri (PMDN), belanja modal pemerintah, angkatan kerja dan ekspor dengan pertumbuhan ekonomi. Tujuan penelitian adalah melihat pengaruh besarnya faktor-faktor tersebut terhadap Pertumbuhan ekonomi di Provinsi Riau 2000-2018. Untuk kepentingan khusus penelitian dengan tujuan melihat pengaruh krisis keuangan global tahun 2008 terhadap pertumbuhan ekonomi maka dimasukkan variabel dummy krisis keuangan. Penelitian ini adalah penelitian kuantitatif dengan metode regresi berganda log-log linier dan data time series. Model diestimasi dengan metode Ordinary Least Square (OLS). Hasil penelitian menunjukkan bahwa PMA, PMDN, angkatan kerja dan ekspor signifikan positif mempengaruhi pertumbuhan ekonomi yang diukur dengan nilai Produk Domestik Regional Bruto (PDRB). Begitu juga dengan dummy krisis keuangan global meskipun berlangsung singkat ternyata berpengaruh terhadap PDRB di Provinsi Riau. Namun demikian ditemukan bahwa belanja modal pemerintah tidak signifikan mempengaruhi pertumbuhan PDRB.There are some problems in resources of the regions, namely investment, labour force, and technology as the component factors to make the output of the region’s economy. This study aims to analyze the relationship between investment as consist of foreign direct investment (FDI), private investment, government capital expenditure, labour force, export and economic growth to the gross regional domestic product growth of regency in Riau Province 2000-2018. For the specific purpose of describing global financial crises in 2008 influence the economic growth, we put the dummy variable of the financial crisis in the model. This research is quantitative descriptive with the multiple regression model of log-linear and time series method using Ordinary Least Square (OLS). The study shows that government capital expenditure is statistically not significant to affect the gross regional domestic product growth. FDI, private investment, labour force and export is statistically significant to affect the gross regional domestic product growth. As well as a dummy of the global financial crisis is statistically significant to affect the gross regional domestic product growth.


2019 ◽  
Vol 13 (2) ◽  
pp. 1
Author(s):  
Akpokerere Othuke Emmanuel ◽  
Okoroyibo Eloho Elizabeth

The paper examined capital market performance as a panacea for economic growth in Nigeria from 1986-2016. A number of related literatures have shown that the Nigerian capital market variables studied has satisfactory market performance and has contributed to economic growth. Yet some researchers observed that the capital market has not significantly mobilized and effectively channeled substantial capital to the real sector of the economy. What could have been the reason for the divergences? The study was anchored on the demand following hypothesis. Secondary data were sourced from Central Bank of Nigeria Statistical Bulletin and Nigeria Stock Exchange fact-book of various editions. The paper adopted the ex-post facto research design while ordinary least square regression techniques was used to process the data gathered using E-views 9.0 software. The null hypotheses (Ho) were tested at 5% level of significance. The findings of the paper revealed that there is negative and insignificant relationship between capital market and the variables studied. The paper conclude that liquidity of the capital market is pivotal for economic growth in Nigeria while the study recommended that all tiers of government should be encouraged to fund their realistic long term developmental program through the Nigeria capital market.


2019 ◽  
Vol 7 (6) ◽  
pp. 380-401 ◽  
Author(s):  
Lee Jun Quan ◽  
Suganthi Ramasamy ◽  
Devinaga Rasiah ◽  
Yuen Yee Yen ◽  
Shalini Devi Pillay

performance. Methodology: The methodology being used to analysis are an ordinary least square model (OLS) and fixed-effect model. The analysis was conducted in Malaysia for a period of 10 years from 2007 to2016. 10 Islamic banks in Malaysia were chosen to be tested for its performance. The study examines internal factors such as bank size, capital adequacy, liquidity, credit risk, and expense management and external factors such as Gross Domestic Product (GDP) and inflation effect on Islamic Bank’s performance in terms of return on asset and return on equity. Result: The findings showed that only capital adequacy and inflation significantly affect the Islamic bank’s performance. However, bank size, liquidity, credit risk, expense management, and Gross Domestic Product were found to be insignificantly affecting the Islamic bank’s performance. The analysis was carried out by applying ordinary least square model (OLS) regression and fixed-effect model. Applications: This research can be used for universities, teachers, and students. Novelty/Originality: In this research, the model of the Determinants of Islamic Banking Performance: An Empirical Study in Malaysia is presented in a comprehensive and complete manner.


2018 ◽  
Vol 5 (2) ◽  
pp. 78
Author(s):  
Anas Iswanto Anwar ◽  
Ali Akbar

Credit markets are not always balanced because of unbalanced information and other causes. There are two credit channels that influence the transmission of monetary policy from finance to the real sector, namely bank credit channels that are more concerned with the behavior of banks that are more selective in credit selection because of asymmetric information.This study aims to determine the effect of credit that consists of investment credit, working capital credit and consumption credit to the inflation rate through Gross Domestic Product (GDP) in Indonesia. The overall data used in this study is secondary data from the result of systematic recording in the form of time series from 2007 to 2016 obtained from the Central Bureau of Statistics, Bank Indonesia Report and Indonesian Banking Statistics. Data were analyzed by using multiple regression with Ordinary Least Square (OLS) approach. Based on the results of the research, simultaneous credit has a positive and significant effect on inflation through GDP and partially found that investment credit and working capital credit have positive and significant effect to inflation through GDP, while consumption credit has positive and insignificant effect.


2017 ◽  
Vol 6 (1) ◽  
pp. 63
Author(s):  
Ayudhia Andarini ◽  
Idris Idris ◽  
Ariusni Ariusni

Carbondioxyde emission is kind of green house gases that has highest concentration in he atmosphere than the ohers green house gases. The aim of this research is that analyzing influence of industry sector, mining sector, and transportation sector avtivities to the environment quality base on the carbondioxyde emission in Indonesia. This analysis used regression model with Ordinary Least Square method (OLS). Result of analysis indicate that Gross Domestic Product  (GDP) of industry sector has negative and significant  influence to carbondioxyde emission in Indonesia, with  significant value at 0.00,  Gross Domestic Product (GDP) of mining sector has positive and significant influence to carbondioxyde emission in Indonesia with significant value at 0.00 and Gross Domestic Product  (GDP) of transportation sector has positive and significant influence to Economic Growth in Indonesia, with significant value at 0.00. Then, Gross Domestic Product  (GDP) of industry sector, mining sector and transportation sector have significantly influence to Economic growth in Indonesia with significant value at 0.00 based on with the theory Environmental Kuznet Curve (EKC).


2017 ◽  
Vol 8 (3) ◽  
pp. 215 ◽  
Author(s):  
Oyebisi Mary Ogundana ◽  
Oyedele Mary Ogundana ◽  
Oyeyemi Mercy Ogundana ◽  
Ayodotun Stephen Ibidunni ◽  
Adebola Adetoyinbo

This research examined the direct and indirect impact of taxation on the Nigerian economic growth. This research centered on two major objectives by focusing on the trend of direct and indirect tax and the impact of the Nigerian tax system on the growth of the economy.  The research adopted the descriptive research design.  The secondary source of data was also engaged as this data was from CBN statistical bulletin and the annual reports from 1994-2013. The research also used the ordinary least square regression technique. With the use of E-views 7.1 to analyze the data, the first objective was achieved by using graphical analysis while the second objective used ordinary least square regression analysis. The results reveal that the direct and indirect tax have a positive impact on the economy of Nigeria. Therefore, it is recommended that government should take advantage of taxation and promote tax system in Nigeria.


2020 ◽  
Vol 3 (1) ◽  
pp. 48-54
Author(s):  
Misdawati Misdawati ◽  
Syahrituah Siregar

Abstract—Remittance is a source of external finance for developing countries. This research aims to determine the remittance influence on poverty alleviation in Indonesia, as well as to determine the influence of the control variables on poverty alleviation which is                  unemployment and gross domestic product. This study uses a descriptive quantitative       approach, using time series data from 1999 to 2018 obtained From the World Bank, BPS, Bank Indonesia and BNP2TKI. Data analysis techniques using double linear regression method (multiple linear Regression method) with smallest squared Method (Ordinary Least Square).  The results showed that remittance had significant negative correlation on poverty alleviation in Indonesia by 3,08%. Unemployment has a significant positive impact on      poverty alleviation, and gross domestic product has a significant negative impact on poverty alleviation in Indonesia. Still low delivery remittance that enter Indonesia due to low levels of education that has migrants, low wages, and expensive remittance shipping costs through financial institutions. Keywords: Remittance, Poverty, Indonesia, OLS (DEA)   Abstrak - Remitansi menjadi sumber keuangan eksternal bagi negara berkembang. Penelitian ini bertujuan untuk mengetahui pengaruh remitansi terhadap pengentasan kemiskinan di   Indonesia, serta  untuk mengetahui pengaruh dari variabel kontrol terhadap pengentasan  kemiskinan  yaitu Pengangguran dan Produk Domestik Bruto.  Penelitian ini menggunakan pendekatan kuantitatif deskriptif, menggunakan data time series dari tahun 1999 hingga tahun 2018 yang diperoleh dari World Bank, Badan Pusat Statistik, Bank Indonesia dan BNP2TKI. Teknik Analisis data menggunakan Metode Regresi Linier Berganda (Multiple Linier       Regression Method) dengan Metode Kuadrat Terkecil (Ordinary Least Square).  Hasil penelitian menunjukkan bahwa  Remitansi berpengaruh negatif signifikan terhadap           pengentasan kemiskinan di Indonesia sebesar 3,08 persen. Pengangguran berpengaruh positif signifikan terhadap pengentasan kemiskinan, dan Produk Domestik Bruto  berpengaruh negatif signifikan terhadap pengentasan kemiskinan di Indonesia. Masih rendahnya         pengiriman remitansi yang masuk ke Indonesia disebabkan karena  rendahnya tingkat       pendidikan yang   dimiliki migran, rendahnya tingkat upah, serta mahalnya biaya pengiriman remitansi melalui lembaga keuangan. Kata kunci: Remitansi, Kemiskinan, Indonesia, OLS    


Media Ekonomi ◽  
2016 ◽  
Vol 24 (2) ◽  
pp. 127
Author(s):  
Sinta Rani Siti Sarah ◽  
Sumiyarti ,

<p><em>This study aims to analyse the distribution of Islamic banks and the distribution of conventional bank funds to the gross domestic product in Indonesia. The analysis was carried out using data scanned by the Central Statistics Agency (BPS) and Bank Indonesia for 2004: 01-2014: 04 period. The analysis technique used in this study was Multiple Linear Regression using the OLS (Ordinary Least Square) method. The results showed that the distribution of Islamic banks had a positive and not significant effect on the growth of Gross Domestic Product (GDP), while the distribution of funds from conventional banks and Islamic banks was significant towards Gross Domestic Product.</em></p>


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